(PharmaNewsWire.Com, December 15, 2017 ) Patient Monitoring Systems allow efficient healthcare delivery to patients by transmitting real-time patient data which helps in reducing mortality rates and facilitate efficient use of medical resources. These devices also help in avoiding emergency overcrowding, manage huge number of patients and enhanced maintenance of electronic health records (EHR). Recently the market has gained immense popularity due to the measures to cut down hospital expenditures and reduce hospital stays.
North America Patient Monitoring Systems Market: Drivers & Restraints
Encouraged by the widespread proliferation of high-speed internet and its related services, adoption of RPM systems is witnessing high demand. Rapidly growing aging population vulnerable to diseases, government policies to reduce healthcare expenditure are also pushing the market growth. On the other side, patient privacy concerns & lack of proper reimbursements policies and the high cost of Patient Monitoring systems are inhibiting the growth of the market.
North America Patient Monitoring Systems Market: Segmentation
The North America Patient monitoring market is segmented on the basis of disease condition which is further sub segmented into neurology, hemodynamic, multiparameter, remote patient monitors, cardiac, fetal and neonatal, respiratory, , temperature and weight monitoring systems.
Cardiac monitoring segment has the largest share in North America market and is predicted to maintain its strong share till 2020 due to increasing demand for ECG (Electro Cardiogram) devices and increased rate of cardiac and other comorbid diseases such as diabetes and high blood pressure. The respiratory monitoring segment is estimated to be the fastest growing during the forecast period
North America Patient Monitoring Systems Market: Overview
Cardiac monitoring segment has the largest share in the market and is predicted to maintain its strong share over the forecast period due to increasing demand for ECG (Electro Cardiogram) devices . The respiratory monitoring segment is estimated to be the fastest growing during the forecast period.
North America Patient Monitoring Systems Market: Region-wise Outlook
On the basis of geography, the North America market is analysed under various regions namely, USA and Canada.
Key Questions Answered
• What is the current and future North America Patient Monitoring Systems market outlook? What trends are affecting the market?
• What is the competitive landscape and market share of major players in North America Patient Monitoring Systems market ?
• What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
• What challenges are restraining the growth of the North America Patient Monitoring Systems market? How will emerging technologies answer these challenges?
North America Patient Monitoring Systems Market: Key Players
Some of the key players in the North America Patient Monitoring Market are Abbott Laboratories, Masimo Corporation, Covidien, Drager Medical GmbH, GE Healthcare, Johnson & Johnson Inc., Mindray Medical, Mortara Instrument Inc., Natus, Nihon Kohden ,Nonin Medical, Omron Healthcare, Philips Healthcare, Roche Diagnostics Limited and Welch Allyn.
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