(PharmaNewsWire.Com, February 07, 2017 ) According to the report Hemodynamic Monitoring Devices Market, published by Market Data Forecast, the global market is projected to reach USD 1158.95 million by 2021, at a CAGR of 4.5% from 2016 to 2021.
The hemodynamic monitoring system is primarily used for clinical inspection of cardiovascular health, longevity and quality of life of patients undergoing and recovering from cardiac surgery. Physicians perform hemodynamic monitoring using pulmonary artery catheter that helps administer and maintain adequate perfusion pressure. This helps to identify these risk factors and improve clinical status.
The market for Hemodynamic Monitoring devices is mainly driven due to rising prevalence of lifestyle diseases, increasing the incidence of respiratory disorders, growing demand for the screening of critical congenital heart disease, government and private sector initiatives to reduce healthcare costs as well as growing geriatric patient population. But, the market growth can be restrained due to less awareness among people regarding different treatment techniques and high treatment costs.
Edwards Lifesciences Corporation, PULSION Medical Systems SE, LiDCO Group plc., Cheetah Medical Inc., Deltex Medical Group plc., Hemo Sapiens, Inc., ICU Medical, Inc., Osypka Medical GmbH, Schwarzer Cardiotek GmbH, and Tensys Medical, Inc. are the major players of Global Hemodynamic Monitoring Devices market.
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