Market Overview:
The global multi-item patient monitor market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in patient monitoring devices. Based on type, the global multi-item patient monitor market is segmented into critical care monitors, post-anaesthesia care monitors, vital sign monitors, and others. Critical care monitors are further subsegmented into cardiac output monitoring systems (COS), brain function monitoring systems (BFMS), blood gas analyzers (BGA), and others. Post-anaesthesia care monitors are further subsegmented into capnographs/capnometry devices, pulse oximeters/SpO2 sensors & detectors, temperature probes & thermometers; respiratory volume measuring devices; automated external defibrillators (AEDs); and others. Vital sign monitors are further subsegmented into electrocardiogram (ECG) machines; spirometers; peak flow meters; heart rate meters/pulse oximeters; blood pressure cuffs & stethoscopes; glucometers/lancing devices for diabetes management ; body composition analyzers ; urine dipsticks ; fecal occult blood test kits . Others include anesthesia machines and fetal Doppler ultrasound systems .
Product Definition:
A multi-item patient monitor is a device that constantly measures the vital signs of a patient and displays them on a screen. This allows nurses or doctors to quickly see any changes in the patient's condition and take appropriate action. Multi-item patient monitors are important because they can help prevent potentially life-threatening situations from arising by providing early warning of problems.
Critical Care Monitors:
Critical care monitors are electronic devices used to observe and record vital signs such as temperature, blood pressure, respiratory rate and heart rate of a patient. These monitors provide critical health monitoring in intensive care units (ICUs) or emergency rooms (ERs). The increasing prevalence of chronic diseases has led to an increase in the number of patients being admitted to ICUs.
Post-anaesthesia Care Monitors:
Post-anaesthesia care monitors (PAM) are devices used to track vital signs such as heart rate, respiratory rate, blood pressure and body temperature after the induction of general anesthesia. PAM is also used to evaluate the depth of anesthesia and monitor for any adverse reactions during surgery or while taking a patient’s history.
Application Insights:
The market is segmented into hospitals, clinics, homecare setting and others. Hospitals held the largest share of over 60% in 2017. The need for monitoring several vital signs of a patient at the same time has increased due to rising cases of chronic diseases such as heart diseases, respiratory problems and diabetes mellitus across the globe. Thus, multi-item patient monitor has become an essential tool in hospitals to ensure better care for patients by providing real-time data on a number of indicators through its display screen which helps healthcare professionals make accurate decisions regarding treatment procedures.
The post anesthesia care monitors segment is expected to grow at a significant rate during forecast years owing to increasing prevalence rates of surgical site infections (SSI).
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high awareness levels regarding patient safety and care, and government initiatives to support new product development are some of the major factors responsible for its large share. For instance, in 2014, Philips Healthcare launched SPC5 touch monitor system that is user-friendly and can be integrated with other systems via network connection. This has increased the accessibility to advanced multi-item patient monitors for clinicians across North America.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing demand from developing countries such as India and China along with Japan and Korea as these countries have been experiencing an increase in geriatric population prone to various diseases along with growing medical tourism industry due to lower treatment costs as comparedto developed nations such as U.S., Canada, Germany etc.
Growth Factors:
- Increasing incidence of chronic diseases: The prevalence of chronic diseases is increasing at an alarming rate across the globe. This is primarily because of the changing lifestyle and dietary habits of people. As a result, there is an increased demand for multi-item patient monitors that can help in early diagnosis and treatment of these conditions.
- Technological advancements: Multi-item patient monitors are becoming increasingly sophisticated with each passing day, thanks to the ongoing technological advancements. This has resulted in their wider adoption by healthcare providers for use in various clinical applications such as critical care, surgery, and neonatal care etcetera.
- Growing awareness about patient safety: There is a growing awareness among patients and healthcare providers about the importance of patient safety. This has led to an increased demand for multi-item patient monitors that can help improve safety outcomes during hospital stays or other medical procedures/treatments etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-item Patient Monitor Market Research Report
By Type
Critical Care Monitors, Post-anaesthesia Care Monitors, Vital Sign Monitors, Others
By Application
Hospitals, Clinics, Homecare Setting, Others
By Companies
GE, Mindray, NIHON KOHDEN, Philips, OSI Systems, Hipac Healthcare, Arjo, Heyer Medical, SUNRAY MEDICAL APPARATUS, TENKO MEDICAL, Drägerwerk, Fukuda Denshi
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Multi-item Patient Monitor Market Report Segments:
The global Multi-item Patient Monitor market is segmented on the basis of:
Types
Critical Care Monitors, Post-anaesthesia Care Monitors, Vital Sign Monitors, Others
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
Hospitals, Clinics, Homecare Setting, Others
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:
- GE
- Mindray
- NIHON KOHDEN
- Philips
- OSI Systems
- Hipac Healthcare
- Arjo
- Heyer Medical
- SUNRAY MEDICAL APPARATUS
- TENKO MEDICAL
- Drägerwerk
- Fukuda Denshi
Highlights of The Multi-item Patient 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:
- Critical Care Monitors
- Post-anaesthesia Care Monitors
- Vital Sign Monitors
- Others
- By Application:
- Hospitals
- Clinics
- Homecare Setting
- Others
- 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 Multi-item Patient 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.
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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 Multi-item Patient Monitor is a medical device that continuously monitors multiple patient vitals, such as heart rate, blood pressure, and oxygen levels. This information can be used to provide real-time feedback to physicians and other healthcare professionals about the health of individual patients.
Some of the key players operating in the multi-item patient monitor market are GE, Mindray, NIHON KOHDEN, Philips, OSI Systems, Hipac Healthcare, Arjo, Heyer Medical, SUNRAY MEDICAL APPARATUS, TENKO MEDICAL, DrƒÂ¤gerwerk, Fukuda Denshi.
The multi-item patient monitor market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-item Patient Monitor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-item Patient Monitor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-item Patient Monitor Market - Supply Chain
4.5. Global Multi-item Patient Monitor Market Forecast
4.5.1. Multi-item Patient Monitor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-item Patient Monitor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-item Patient Monitor Market Absolute $ Opportunity
5. Global Multi-item Patient Monitor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-item Patient Monitor Market Size and Volume Forecast by Type
5.3.1. Critical Care Monitors
5.3.2. Post-anaesthesia Care Monitors
5.3.3. Vital Sign Monitors
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-item Patient Monitor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-item Patient Monitor Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Homecare Setting
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-item Patient Monitor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-item Patient Monitor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-item Patient Monitor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-item Patient Monitor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-item Patient Monitor Demand Share Forecast, 2019-2026
9. North America Multi-item Patient Monitor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-item Patient Monitor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-item Patient Monitor Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Homecare Setting
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-item Patient Monitor Market Size and Volume Forecast by Type
9.7.1. Critical Care Monitors
9.7.2. Post-anaesthesia Care Monitors
9.7.3. Vital Sign Monitors
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-item Patient Monitor Demand Share Forecast, 2019-2026
10. Latin America Multi-item Patient Monitor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-item Patient Monitor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-item Patient Monitor Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Homecare Setting
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-item Patient Monitor Market Size and Volume Forecast by Type
10.7.1. Critical Care Monitors
10.7.2. Post-anaesthesia Care Monitors
10.7.3. Vital Sign Monitors
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-item Patient Monitor Demand Share Forecast, 2019-2026
11. Europe Multi-item Patient Monitor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-item Patient Monitor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-item Patient Monitor Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Homecare Setting
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-item Patient Monitor Market Size and Volume Forecast by Type
11.7.1. Critical Care Monitors
11.7.2. Post-anaesthesia Care Monitors
11.7.3. Vital Sign Monitors
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-item Patient Monitor Demand Share, 2019-2026
12. Asia Pacific Multi-item Patient Monitor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-item Patient Monitor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-item Patient Monitor Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Homecare Setting
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-item Patient Monitor Market Size and Volume Forecast by Type
12.7.1. Critical Care Monitors
12.7.2. Post-anaesthesia Care Monitors
12.7.3. Vital Sign Monitors
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-item Patient Monitor Demand Share, 2019-2026
13. Middle East & Africa Multi-item Patient Monitor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-item Patient Monitor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-item Patient Monitor Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Homecare Setting
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-item Patient Monitor Market Size and Volume Forecast by Type
13.7.1. Critical Care Monitors
13.7.2. Post-anaesthesia Care Monitors
13.7.3. Vital Sign Monitors
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-item Patient Monitor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-item Patient Monitor Market: Market Share Analysis
14.2. Multi-item Patient Monitor Distributors and Customers
14.3. Multi-item Patient Monitor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mindray
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NIHON KOHDEN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Philips
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OSI Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hipac Healthcare
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arjo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Heyer Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SUNRAY MEDICAL APPARATUS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TENKO MEDICAL
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Drägerwerk
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fukuda Denshi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook