The latest update of “Global Multi-Parameter Patient Monitoring Equipment Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Multi-Parameter Patient Monitoring Equipment Market.
Overview of the Multi-Parameter Patient Monitoring Equipment Market:
Multi-parameter patient monitors are widely used in intensive care units and general wards to monitor patients' health continuously based on the following parameters, such as respiration rate, blood pressure, heart rate, and oxygen saturation. The multi-parameter patient monitoring (MPM) equipment offers a flexible solution for various critical care need. MPM equipment are designed to provide multiple information about patients' health. It measures body temperature, blood pressure, respiratory rate, pulse rate, and the activity of various body organs. Thus, it furnishes all the information required to understand the patient current situation. It appears like a monitor for offering the solution for differing critical care on a single screen.
Market Drivers:
Rising incidences of chronic diseases due to lifestyle changes and increase in aging population around the world is expected to boost growth of the global multi-parameter patient monitoring equipment market during the forecast period. For instance, according to the World Health Organization (WHO), chronic diseases, such as heart disease, diabetes, stroke, lung cancer, and chronic obstructive pulmonary disease, were collectively responsible for more than 100 million additional healthy life-years lost in 2019, compared to 2000. It has been well established that the incidence of chronic disease rises sharply with age and that the majority of patients with a chronic ailment are over the age of 65 years. Hence, such factors are expected to drive growth of the global multi-parameter patient monitoring equipment market during the forecast period.
Moreover, integration of advanced technology within the multi-parameter monitors, growing adoption of portable home multi-parameter monitors, and the availability of technologically advanced multi-parameter monitors are some major factors expected to propel the global multi-parameter patient monitoring equipment market growth over the forecast period.
Market Restraints:
High cost of multi-parameter monitoring devices, stringent regulatory framework, and lack of proper reimbursement are some major factors expected to hamper growth of the global multi-parameter patient monitoring equipment market over the forecast period.
Regional Insights:
Among regions, North America, Europe, and Asia Pacific are expected to witness significant growth in the global multi-parameter patient monitoring equipment market due to increasing prevalence of chronic diseases, increasing demand for multi-parameter patient monitors, rise in geriatric population, and the development of advanced technologies in these regions.
For instance, in July 2020, Midmark Corp. launched the Midmark, a multi-parameter monitor for better care. The Midmark Multi-parameter Monitor is useful in all areas of a veterinary hospital, including exam, treatment, surgery and recovery spaces.
Competitive Section:
Major companies involved in the global multi-parameter patient monitoring equipment market are Natus Medical, Omron Healthcare, Medtronic, Baxter International, Abbott Laboratories, CAS Medical Systems, Schiller, OSI (Spacelabs), Mindray, Dragerwerk, Nihon Kohden, GE Healthcare, Philips Healthcare, Boston Scientific Corporation, and Becton, Dickinson and Company, among others.
For instance, in November 2019, Penlon announced the launch of the AnaVue 4000 patient monitor, a sophisticated system that delivers continuous monitoring and data upload during patient transfers.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Multi-Parameter Patient Monitoring Equipment Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Multi-Parameter Patient Monitoring Equipment Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Philips Healthcare
- GE Healthcare
- Nihon Kohden
- Dragerwerk
- Mindray
- OSI (Spacelabs)
- Schiller
- CAS Medical Systems
- Abbott Laboratories
- Baxter International
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Medtronic
- Omron Healthcare
- Natus Medical
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Multi-Parameter Patient Monitoring Equipment Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Fixed Monitors
- Portable Monitors
By Applications, the market is segmented into:
- Hospitals
- Home Care
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Multi-Parameter Patient Monitoring Equipment Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Multi-Parameter Patient Monitoring Equipment Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Multi-Parameter Patient Monitoring Equipment Market
1.6.1 How the Covid-19 is Affecting the Multi-Parameter Patient Monitoring Equipment Market
1.6.1.1 Multi-Parameter Patient Monitoring Equipment Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Multi-Parameter Patient Monitoring Equipment Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Multi-Parameter Patient Monitoring Equipment Market Perspective (2015-2028)
2.2 Multi-Parameter Patient Monitoring Equipment Market Growth Trends by Regions
2.2.1 Multi-Parameter Patient Monitoring Equipment Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Multi-Parameter Patient Monitoring Equipment Market Historic Market Share by Regions (2015-2021)
2.2.3 Multi-Parameter Patient Monitoring Equipment Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Multi-Parameter Patient Monitoring Equipment Market Growth Strategy
2.3.6 Primary Interviews with Key Multi-Parameter Patient Monitoring Equipment Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Multi-Parameter Patient Monitoring Equipment Market Players by Market Size
3.1.1 Global Top Multi-Parameter Patient Monitoring Equipment Market Players by Revenue (2015-2021)
3.1.2 Global Multi-Parameter Patient Monitoring Equipment Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Multi-Parameter Patient Monitoring Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Multi-Parameter Patient Monitoring Equipment Market Concentration Ratio
3.2.1 Global Multi-Parameter Patient Monitoring Equipment Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Multi-Parameter Patient Monitoring Equipment Market Revenue in 2019
3.3 Multi-Parameter Patient Monitoring Equipment Market Key Players Head office and Area Served
3.4 Key Players Multi-Parameter Patient Monitoring Equipment Market Product Solution and Service
3.5 Date of entering into Multi-Parameter Patient Monitoring Equipment Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Multi-Parameter Patient Monitoring Equipment Market Historic Market Size by Type (2015-2021)
4.2 Global Multi-Parameter Patient Monitoring Equipment Market Forecasted Market Size by Type (2021-2028)
5 Multi-Parameter Patient Monitoring Equipment Market Breakdown Data by Application (2015-2028)
5.1 Global Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
5.2 Global Multi-Parameter Patient Monitoring Equipment Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Multi-Parameter Patient Monitoring Equipment Market Size (2015-2021)
6.2 Multi-Parameter Patient Monitoring Equipment Market Key Players in North America (2019-2021)
6.3 North America Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021)
6.4 North America Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
7 Europe
7.1 Europe Multi-Parameter Patient Monitoring Equipment Market Size (2015-2021)
7.2 Multi-Parameter Patient Monitoring Equipment Market Key Players in Europe (2019-2021)
7.3 Europe Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021)
7.4 Europe Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
8 China
8.1 China Multi-Parameter Patient Monitoring Equipment Market Size (2015-2021)
8.2 Multi-Parameter Patient Monitoring Equipment Market Key Players in China (2019-2021)
8.3 China Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021)
8.4 China Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
9 Japan
9.1 Japan Multi-Parameter Patient Monitoring Equipment Market Size (2015-2021)
9.2 Multi-Parameter Patient Monitoring Equipment Market Key Players in Japan (2019-2021)
9.3 Japan Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021)
9.4 Japan Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Size (2015-2021)
10.2 Multi-Parameter Patient Monitoring Equipment Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021)
10.4 Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
11 India
11.1 India Multi-Parameter Patient Monitoring Equipment Market Size (2015-2021)
11.2 Multi-Parameter Patient Monitoring Equipment Market Key Players in India (2019-2021)
11.3 India Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021)
11.4 India Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Multi-Parameter Patient Monitoring Equipment Market Size (2015-2021)
12.2 Multi-Parameter Patient Monitoring Equipment Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021)
12.4 Central & South America Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Multi-Parameter Patient Monitoring Equipment Market Introduction
13.4 Multi-Parameter Patient Monitoring Equipment Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Multi-Parameter Patient Monitoring Equipment Market Key Market Segments
Table 2. Key Players Covered: Ranking by Multi-Parameter Patient Monitoring Equipment Market Revenue
Table 3. Ranking of Global Top Multi-Parameter Patient Monitoring Equipment Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Multi-Parameter Patient Monitoring Equipment Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Multi-Parameter Patient Monitoring Equipment Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Multi-Parameter Patient Monitoring Equipment Market Players to Combat Covid-19 Impact
Table 10. Global Multi-Parameter Patient Monitoring Equipment Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Multi-Parameter Patient Monitoring Equipment Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Multi-Parameter Patient Monitoring Equipment Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Multi-Parameter Patient Monitoring Equipment Market Share by Regions (2015-2021)
Table 14. Global Multi-Parameter Patient Monitoring Equipment Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Multi-Parameter Patient Monitoring Equipment Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Multi-Parameter Patient Monitoring Equipment Market Growth Strategy
Table 20. Main Points Interviewed from Key Multi-Parameter Patient Monitoring Equipment Market Players
Table 21. Global Multi-Parameter Patient Monitoring Equipment Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Multi-Parameter Patient Monitoring Equipment Market Share by Players (2015-2021)
Table 23. Global Top Multi-Parameter Patient Monitoring Equipment Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Multi-Parameter Patient Monitoring Equipment Market as of 2019)
Table 24. Global Multi-Parameter Patient Monitoring Equipment Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Multi-Parameter Patient Monitoring Equipment Market Product Solution and Service
Table 27. Date of entering into Multi-Parameter Patient Monitoring Equipment Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 30. Global Multi-Parameter Patient Monitoring Equipment Market Size Share by Type (2015-2021)
Table 31. Global Multi-Parameter Patient Monitoring Equipment Market Revenue Market Share by Type (2021-2028)
Table 31. Global Multi-Parameter Patient Monitoring Equipment Market Size Share by Application (2015-2021)
Table 33. Global Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 34. Global Multi-Parameter Patient Monitoring Equipment Market Size Share by Application (2021-2028)
Table 35. North America Key Players Multi-Parameter Patient Monitoring Equipment Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Multi-Parameter Patient Monitoring Equipment Market Share (2019-2021)
Table 37. North America Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 38. North America Multi-Parameter Patient Monitoring Equipment Market Share by Type (2015-2021)
Table 39. North America Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 40. North America Multi-Parameter Patient Monitoring Equipment Market Share by Application (2015-2021)
Table 41. Europe Key Players Multi-Parameter Patient Monitoring Equipment Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Multi-Parameter Patient Monitoring Equipment Market Share (2019-2021)
Table 43. Europe Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Multi-Parameter Patient Monitoring Equipment Market Share by Type (2015-2021)
Table 45. Europe Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Multi-Parameter Patient Monitoring Equipment Market Share by Application (2015-2021)
Table 47. China Key Players Multi-Parameter Patient Monitoring Equipment Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Multi-Parameter Patient Monitoring Equipment Market Share (2019-2021)
Table 49. China Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 50. China Multi-Parameter Patient Monitoring Equipment Market Share by Type (2015-2021)
Table 51. China Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 52. China Multi-Parameter Patient Monitoring Equipment Market Share by Application (2015-2021)
Table 53. Japan Key Players Multi-Parameter Patient Monitoring Equipment Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Multi-Parameter Patient Monitoring Equipment Market Share (2019-2021)
Table 55. Japan Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Multi-Parameter Patient Monitoring Equipment Market Share by Type (2015-2021)
Table 57. Japan Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Multi-Parameter Patient Monitoring Equipment Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Multi-Parameter Patient Monitoring Equipment Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Multi-Parameter Patient Monitoring Equipment Market Share (2019-2021)
Table 61. Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Share by Type (2015-2021)
Table 63. Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Share by Application (2015-2021)
Table 65. India Key Players Multi-Parameter Patient Monitoring Equipment Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Multi-Parameter Patient Monitoring Equipment Market Share (2019-2021)
Table 67. India Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 68. India Multi-Parameter Patient Monitoring Equipment Market Share by Type (2015-2021)
Table 69. India Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 70. India Multi-Parameter Patient Monitoring Equipment Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Multi-Parameter Patient Monitoring Equipment Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Multi-Parameter Patient Monitoring Equipment Market Share (2019-2021)
Table 73. Central & South America Multi-Parameter Patient Monitoring Equipment Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Multi-Parameter Patient Monitoring Equipment Market Share by Type (2015-2021)
Table 75. Central & South America Multi-Parameter Patient Monitoring Equipment Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Multi-Parameter Patient Monitoring Equipment Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Multi-Parameter Patient Monitoring Equipment Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Multi-Parameter Patient Monitoring Equipment Market Share by Type: 2021 VS 2028
Figure 2. Global Multi-Parameter Patient Monitoring Equipment Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Multi-Parameter Patient Monitoring Equipment Market Report Years Considered
Figure 8. Global Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Multi-Parameter Patient Monitoring Equipment Market Share by Regions: 2021 VS 2028
Figure 10. Global Multi-Parameter Patient Monitoring Equipment Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Multi-Parameter Patient Monitoring Equipment Market Share by Players in 2019
Figure 13. Global Top Multi-Parameter Patient Monitoring Equipment Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Multi-Parameter Patient Monitoring Equipment Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Multi-Parameter Patient Monitoring Equipment Market Revenue in 2019
Figure 15. North America Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Multi-Parameter Patient Monitoring Equipment Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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