Multiparameter Patient Monitoring Market: Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2027
Category: #business  By Rahul Sankrityayan  Date: 2022-03-29
  • share
  • Twitter
  • Facebook
  • LinkedIn
Multiparameter Patient Monitoring Market: Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2027

The overall multiparameter patient monitoring market has been gaining increasing impetus mainly due to the ever-expanding global geriatric population, the increasing incidence of chronic diseases and the impressive pace of technological advancements recorded in the medical equipment sector. Multiparameter patient monitoring systems are an indispensable part of the healthcare fraternity as healthcare professionals cannot be continually present with a patient even in the most highly staffed hospitals.

To access a sample copy or view the market report in detail along with the table of contents, please click the link below: https://www.decresearch.com/request-sample/detail/2509

Various electronic monitoring equipment play the part of patient monitoring when the patients are not under the direct supervision of a doctor or nurse and various health parameters such as body temperature, electrical activity of the heart, blood pressure, cardiac output, respiration rate and amount of oxygen and carbon dioxide in the blood are measured by these devices. With technological advancements these equipment are becoming more potent like becoming wireless and portable and multiparameter patient monitoring market participants are increasingly vying with each other to maintain a competitive edge in the industry.

Mindray Medical International Limited a global medical instrument developer, manufacturer, and marketer based in China in 2019 launched its ePM Series, its brand-new patient monitor range. The fourth generation of Mindray's mid-acuity monitors, the ePM Series delivers smooth workflow, an impressive visual experience, accurate physiological measurements, intelligent operation, and comprehensive connectivity options for hospital settings, such as emergency rooms, sub-acute units, recovery units and general wards. Other major players in the multiparameter patient monitoring industry such as Medtronics, Philips Healthcare, Epsimed, Mediana, KizlonMedical, Medion Healthcare, Skanray Technologies, Masimo, Opto India, OSI Systems etc. have been contributing towards the growth of the market with designing more sleek, easy to operate machines.

Increasing investment in the multiparameter patient monitoring market and related R&D is also being driven by continual association of medical device manufacturers with clinicians who have given rise to a demand for reliable and easily operable machines at competitive costs. The multiparameter patient monitoring market is expected to register considerable growth with the adoption of such systems in hospitals and ambulatory surgical centers as they are in highly effective in places like labs and treatment suites, emergency department, intensive care suites, general ward recovery and post-anesthesia recovery. Each treatment arena requires differing levels of diagnostic but also remain compatible and connectable to medical records. Such requirements are driving greater innovation in the field of multiparameter patient monitoring and paving the way for industry expansion.

Beside the requirement of biomedical staff who want straightforward use of the basic features without confusion, evolving regulatory requirements have also fueled investment and need for technological innovation in multiparameter patient monitoring as superior detection of patient status deterioration with fully integrated interventions has become compulsory for reduction of morbidities and mortalities. The device manufacturers are not only required to ensure easy operability of monitoring systems in clinical use scenarios, but also for lay patients who would be using such systems at home. Manufacturers must also keep abreast of ever-changing requirements for medical devices from regulatory agencies and must ensure compliance with quality standards for product development and manufacturing. The regulatory frame of reference established at a global level is anticipated to add greater stimulus to the multiparameter patient monitoring industry growth.

The role of evolving technologies in multiparameter patient monitoring industry is vividly indicated with the news of EarlySense, a renowned patient monitoring device manufacturer raising $39 million in a funding round in 2019. EarlySense developed a contactless monitoring system, the sensor for which is placed under the bed. It is designed to take 100 readings per minute which are later used to run smart algorithms to predict early signs of change in patient condition.

With hospitals and other medical institutions drawing positive results from the use of such devices, it is predictable that device manufacturers with innovative, progressive device designs will garner greater interest as well as investments in the years ahead. As competition in the multiparameter patient monitoring market becomes stronger by the day, the industry is expected to register robust growth trends over 2019-2025.

More News:

Healthcare 3D Printing Market - https://www.prnewswire.com/news-releases/healthcare-3d-printing-market-revenue-to-cross-usd-7-1-bn-by-2027-global-market-insights-inc-301317994.html

About DEC Research:

DecResearch.com, powered by Global Market Insights Inc. is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

Contact Us:

DEC Research,

Phone:1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Rahul Sankrityayan

Rahul Sankrityayan    

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

Read More >>

More News By Rahul Sankrityayan

Medical Fluid Bags Market Analysis & Forecast to 2027 by Key Players, Share, Trend, Segmentation
Medical Fluid Bags Market Analysis & Forecast to 2027 by Key Players, Share, Trend, Segmentation
By Rahul Sankrityayan

Dec research has recently published a study titled ‘global Medical Fluid Bags market research report’. In this report, analysts have provided a detailed evaluation of the global Medical Fluid Bags market. The report is inclusive of a comp...

Immunohematology Market Research Report Analysis and Forecasts to 2027
Immunohematology Market Research Report Analysis and Forecasts to 2027
By Rahul Sankrityayan

Global market insights declares the publication of its latest research report, with the title ‘global Immunohematology market’. This report sheds light on the analysis of the industry challenges, growth opportunities, industry threats, as...

Hearing Aids Market by Type, Application, Element - Global Trends and Forecast to 2027
Hearing Aids Market by Type, Application, Element - Global Trends and Forecast to 2027
By Rahul Sankrityayan

Dec research has recently published a study titled ‘global Hearing Aids market research report’. In this report, analysts have provided a detailed evaluation of the global Hearing Aids market. The report is inclusive of a completely compr...