Market Overview:
The global medical monitor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising demand for home healthcare, and technological advancements in medical monitors. Based on type, the global medical monitor market is segmented into patient monitors and doctor monitors. The patient monitor segment is further divided into bedside monitors, portable/handheld monitors, and central station systems. The doctor monitor segment includes vital signs monitoring devices and anesthesia monitoring devices. Based on application, the global medical monitor market is classified into clinics and hospitals. Geographically, the global medical monitor market is analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U K), Asia Pacific (Japan China India Australia South Korea) Middle East & Africa(South Africa Saudi Arabia UAE).
Product Definition:
A medical monitor is a device that displays information about a patient's vital signs. This information may include heart rate, blood pressure, oxygen saturation level, and other data. A medical monitor may be used to help healthcare professionals diagnose and treat patients.
For Patient:
For patient is a wearables device that monitors vital signs like temperature, blood pressure and heart rate of patients continuously and regularly. It's main function is to help doctors treat the patients effectively by providing real-time data on the condition of the patient. For patient has been gaining huge acceptance among patients due to its ease in use, comfortability and less time consumption for monitoring vitals.
For Doctor:
For doctor is a medical device which helps in maintaining the health of patient by measuring certain vital parameters such as blood pressure, body temperature, heart rate and oxygen level. It also displays other data like drug dosage information and records all the healthcare-related events in an easy to understand manner. For doctor has many advantages such as it can be used by patients at home along with hospital patients.
Application Insights:
Based on the application, the global medical monitor market is segmented into hospital and clinic. The hospital segment dominated the market in 2017 due to an increase in patient admissions and a rise in chronic diseases. A large number of hospitals have been constructed globally, which has led to an increase in demand for monitoring devices at these facilities.
The clinic segment is expected to grow at a faster rate than that of hospital over the forecast period due to increasing awareness about preventive healthcare among individuals across various regions. Furthermore, rising disposable income levels among consumers will boost product demand at this location as well as encourage its use by doctors for their patients¢â‚¬â„¢ visits or check-ups.
Regional Analysis:
North America dominated the global medical monitor market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate for new technologies, and favorable reimbursement policies in this region. The Asia Pacific is expected to grow at a lucrative CAGR over the forecast period owing to increasing government initiatives for improving healthcare infrastructure and reimbursement coverage in developing countries such as India and China. Moreover, rising awareness about early diagnosis among patients is also expected to drive demand over the next eight years.
The European regional market captured significant share in 2017 due to growing geriatric population base coupled with an increase in chronic diseases that require continuous monitoring & patient care throughout their lifetime.
Growth Factors:
- Increasing demand for early diagnosis and treatment of various diseases
- Rising prevalence of chronic diseases such as cancer, diabetes, and heart disease
- Growing awareness about the benefits of medical monitoring devices among consumers
- Technological advancements in medical monitoring devices that offer enhanced features and functionality
- Proliferation of private healthcare facilities that provide better access to medical monitoring services
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Monitor Market Research Report
By Type
For Patient, For Doctor
By Application
Clinic, Hospital
By Companies
Advantech, GE, Philips, LG, Vyaire, Barco, Infinium Medical, EIZO, BenQ, Smiths Medical, Advantech, Medtronic, Ondal Medical Systems GmbH, BriteMED, Jvckenwood
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Medical Monitor Market Report Segments:
The global Medical Monitor market is segmented on the basis of:
Types
For Patient, For Doctor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clinic, Hospital
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Advantech
- GE
- Philips
- LG
- Vyaire
- Barco
- Infinium Medical
- EIZO
- BenQ
- Smiths Medical
- Advantech
- Medtronic
- Ondal Medical Systems GmbH
- BriteMED
- Jvckenwood
Highlights of The Medical Monitor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- For Patient
- For Doctor
- By Application:
- Clinic
- Hospital
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Monitor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medical monitor is a device that attaches to a person's chest, abdomen or wrist and records vital signs such as heart rate, blood pressure and oxygen levels. These monitors can help doctors diagnose and treat health conditions more quickly.
Some of the major companies in the medical monitor market are Advantech, GE, Philips, LG, Vyaire, Barco, Infinium Medical, EIZO, BenQ, Smiths Medical, Advantech, Medtronic, Ondal Medical Systems GmbH, BriteMED, Jvckenwood.
The medical monitor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Monitor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Monitor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Monitor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Monitor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Monitor Market Size & Forecast, 2018-2028
4.5.1 Medical Monitor Market Size and Y-o-Y Growth
4.5.2 Medical Monitor Market Absolute $ Opportunity
Chapter 5 Global Medical Monitor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Monitor Market Size Forecast by Type
5.2.1 For Patient
5.2.2 For Doctor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Monitor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Monitor Market Size Forecast by Applications
6.2.1 Clinic
6.2.2 Hospital
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Monitor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Monitor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Monitor Analysis and Forecast
9.1 Introduction
9.2 North America Medical Monitor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Monitor Market Size Forecast by Type
9.6.1 For Patient
9.6.2 For Doctor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Monitor Market Size Forecast by Applications
9.10.1 Clinic
9.10.2 Hospital
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Monitor Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Monitor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Monitor Market Size Forecast by Type
10.6.1 For Patient
10.6.2 For Doctor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Monitor Market Size Forecast by Applications
10.10.1 Clinic
10.10.2 Hospital
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Monitor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Monitor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Monitor Market Size Forecast by Type
11.6.1 For Patient
11.6.2 For Doctor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Monitor Market Size Forecast by Applications
11.10.1 Clinic
11.10.2 Hospital
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Monitor Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Monitor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Monitor Market Size Forecast by Type
12.6.1 For Patient
12.6.2 For Doctor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Monitor Market Size Forecast by Applications
12.10.1 Clinic
12.10.2 Hospital
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Monitor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Monitor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Monitor Market Size Forecast by Type
13.6.1 For Patient
13.6.2 For Doctor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Monitor Market Size Forecast by Applications
13.10.1 Clinic
13.10.2 Hospital
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Monitor Market: Competitive Dashboard
14.2 Global Medical Monitor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Advantech
14.3.2 GE
14.3.3 Philips
14.3.4 LG
14.3.5 Vyaire
14.3.6 Barco
14.3.7 Infinium Medical
14.3.8 EIZO
14.3.9 BenQ
14.3.10 Smiths Medical
14.3.11 Advantech
14.3.12 Medtronic
14.3.13 Ondal Medical Systems GmbH
14.3.14 BriteMED
14.3.15 Jvckenwood
