(Health-NewsWire.Net, October 08, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Multi Parameter Patient Monitoring Equipment market for 2018-2023. Multi-parameter patient monitoring equipment is a special device that is used for keeping track of the vital signs of patient’s health. This patient monitoring equipment is generally used in different hospital departments to monitor patients in their beds. The equipment measures blood pressure, etc. temperature, respiration rate and other data. If we speak of specialized versions, they include cardiac and fetal output, as well as neuromuscular monitors. The classification of Multi-parameter Patient Monitoring Equipment includes High-acuity Monitors, Mid-acuity Monitors and Low-acuity Monitors. The revenue proportion of High-acuity Monitors in 2017 is about 54.7%, Low-acuity Monitors is the fastest developing department. Europe countries are to improve care in low-acuity wards, as it will allow patients to be moved from expensive high-acuity wards sooner, while still being monitored to ensure they receive any necessary care. This is leading to demand for low-acuity monitors, to ensure all patients are monitored at all times. Multi-parameter Patient Monitoring Equipment is applied in Hospital and Home Health Care. The most of Multi-parameter Patient Monitoring Equipment is used in Hospital, and the market share in 2017 is about 67.9%. North America is the largest consumption place, with a revenue market share nearly 41.8% in 2017. Following North America, Asia-Pacific is the second largest consumption place with the revenue market share of 26.8% in 2017. The top three players of the Europe market for multi-parameter patient monitoring equipment is expected to witness an intense competitive scenario, the top three companies namely Nihon Kohden, GE Healthcare, and Philips Healthcare held a share of around 70.6% in the global multi-parameter patient monitoring equipment market in 2016. Product development is a key methodology embraced by them and other core players in this fundamentally oligopolistic market. Over the next five years, this report projects that Multi-Parameter Patient Monitoring Equipment will register a 3.7% CAGR in terms of revenue, reach US$ 4490 million by 2023, from US$ 3610 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Multi-Parameter Patient Monitoring Equipment market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: High-acuity Monitors Mid-acuity Monitors Low-acuity Monitors Segmentation by application: Infants & Young Children Home Health Care This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Philips Healthcare GE Healthcare Nihon Kohden Dragerwerk Mindray OSI (Spacelabs) Schiller CAS Medical Systems In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Multi-Parameter Patient Monitoring Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Multi-Parameter Patient Monitoring Equipment market by identifying its various subsegments. Focuses on the key global Multi-Parameter Patient Monitoring Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Multi-Parameter Patient Monitoring Equipment with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Multi-Parameter Patient Monitoring Equipment submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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