San Francisco, 11 December 2018: The global hemodynamic monitoring devices market is
expected to reach USD 1.4 billion by 2024, according to a new report by Grand
View Research, Inc. The increasing demand for non-invasive monitoring
techniques coupled with the rising prevalence of chronic illness is expected to
drive the market over the forecast period.
The hemodynamic monitoring market is
influenced by new technologies such as echocardiography, thoracic electrical
bio-impedance and others that maybe used to non-invasively monitor parameters
such as cardiac output, arterial pressure, blood oxygen level, and central
venous pressure.
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| Hemodynamic Monitoring Devices Market |
Furthermore, the rising population of
critically ill patients coupled with defective healthcare facilities with
drawbacks, such as understaffing, is propelling market players to develop
minimal invasive hemodynamic monitoring devices that may be used in clinical
and home care settings. Along with the new product development, the market is
also anticipated to witness the development of technologies that help in the
early diagnosis of shock and sepsis.
Furthermore, efforts by key industry
players to understand critical illnesses at molecular levels leading to the
development of efficient assessment products are expected to be witnessed over
the forecast period. Hence, all these company strategies and the research
conducted are eventually expected to promote market growth over the forecast
period.
Access
Research Report of Hemodynamic Monitoring Devices Market @ www.grandviewresearch.com/industry-analysis/hemodynamic-monitoring-devices-market
Further key findings from the study suggest:
· The disposables segment is anticipated to
be the largest segment by 2024. The rising sale of hemodynamic monitoring
systems and increasing applications of these systems in home care settings,
hospitals, and clinics are expected to boost the segment growth.
· The non-invasive devices segment is
expected to be the fastest growing hemodynamic monitoring market. Risks that
include the development of arrhythmias due to the use of pulmonary artery
catheter and the development of other methodologies that measure the cardiac
output, such as echocardiographs, are the vital impact rendering drivers.
· Asia Pacific is anticipated to be the
fastest growing regions and is anticipated to contribute to about 20.0% of the
global revenue by 2024. The strengthening of the distribution channels by
companies and the registration of products in countries, such as China, India,
Australia, and others, are expected to support the growth over the forecast
period. For instance, LiDCO Group, in their 2016 prelim report emphasized on
its strategy of appointing new distributors for the Australian and South East
Asian region.
· Major industry players are Edward
Lifesciences, LiDCO Group Plc, Deltex Medical, Philips Medical, GE Healthcare,
Noninvasive Medical Technologies, Inc., Tensys Medical, Inc., Cardio-Dynamics
International, and Drager Medical, Inc. As mentioned above, the new product
development is expected to drive the market over the forecast period.
· For instance, in March 2016, the LiDCO
Group received the U.S. FDA approval for the LiDCO unity and launched the
product in the European region. Along the same time, LiDCO also succeeded in
registering itself in China to explore untapped territories and increase their
global presence.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
Hemodynamic Monitoring Devices Market on the basis of product, type, end-use
and regions.
Global Hemodynamic Monitoring Devices
Product Outlook (Revenue, USD Million, 2014 - 2024)
·
Monitoring systems
·
Disposables
·
Services
Global Hemodynamic Monitoring Devices Type
Outlook (Revenue, USD Million, 2014 - 2024)
·
Invasive Hemodynamic Monitoring System
·
Minimally Invasive Hemodynamic Monitoring
System
·
Non-invasive Hemodynamic Monitoring System
Global Hemodynamic Monitoring Devices
End-use Outlook (Revenue, USD Million, 2014 - 2024)
·
Hospitals
·
Catheterization Laboratories
·
Others
Hemodynamic Monitoring Devices Market
Regional Outlook (Revenue, USD Million, 2014 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
Hemodynamic Monitoring Devices Market@ www.grandviewresearch.com/industry-analysis/hemodynamic-monitoring-devices-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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