Market Overview:
The global non-invasive monitoring device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, technological advancements in non-invasive monitoring devices, and rising demand for home healthcare services. Based on type, the global non-invasive monitoring device market is segmented into cardiac monitoring devices, brain monitoring devices, blood pressure monitoring devices, anesthesia Monitoring Devices,, blood glucose Monitoring Devices,. Cardiac Monitoring Devices are further sub-segmented into electrocardiography (ECG) systems and Holter monitors. Blood Pressure Monitoring Devices are further sub-segmented into sphygmomanometers and oscillometric monitors. Anesthesia Monitoring Devices are further sub-segmented into capnographs and pulse oximeters Blood Glucose Monitors are further sub segment by invasive glucose metersand continuous glucose monitors).Table topdevicesare those that need to be placed on a surface for use while wearabledevicesare those that can be worn by patients such as wristbands or patches).
Product Definition:
A non-invasive monitoring device is a medical device that is used to monitor a patient's vital signs without having to insert any instruments into the patient's body. These devices are typically used to monitor patients who are in critical care, such as patients who are in the intensive care unit or on a ventilator. Non-invasive monitoring devices can provide important information about a patient's condition, such as heart rate, blood pressure, and oxygen levels.
by Type:
Non-invasive monitoring devices are used to monitor vital signs such as temperature, blood pressure and respiratory rate. These devices are gaining popularity due to the increasing prevalence of chronic diseases such as diabetes and high blood pressure. The global non-invasive monitoring device market was valued at USD 6,000 million in 2014 and is expected to grow at a CAGR of XX% during the forecast period.
Cardiac Monitoring Devices:
Cardiac monitoring devices are used for the diagnosis and follow-up of cardiac disorders. These devices include electrocardiograph, echocardiography, Holter monitor system, electrophysiology testing systems and event monitors. Electrocardiograph is a diagnostic tool that records the electrical activity of heart muscles using electrodes placed on the skin.
Application Insights:
The cardiology segment dominated the global non-invasive monitoring device market in 2017. This can be attributed to a rise in cardiovascular diseases and an increase in the prevalence of risk factors such as hypertension, smoking, and diabetes. According to data published by WHO, it is estimated that over 300 million people have hypertension worldwide which increases the risk of cardiovascular diseases by about 25%.
Non-invasive monitoring devices help reduce healthcare costs while improving patient compliance. These devices also offer real-time data transmission enabling physicians to make accurate decisions regarding treatment plans thereby reducing treatment time without compromising quality. The growing adoption of these devices for preoperative planning is expected to drive their demand during the forecast period. For instance, cardiac surgery patients often require Holter monitoring post open heart surgeries for at least 2 weeks before discharge so that any future complications can be detected early during follow up visits with minimal risks involved.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of patients suffering from chronic diseases, increasing adoption of advanced technologies, and high healthcare expenditure in this region. Moreover, favorable government initiatives pertaining to non-invasive monitoring device development are also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing its large population base suffering from cardiac disorders.
Growth Factors:
- Increasing prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. Non-invasive monitoring devices can play a crucial role in the early diagnosis and treatment of these conditions.
- Growing demand for home healthcare services: There is a growing demand for home healthcare services, especially in developed countries. This is because patients prefer to be treated in their homes rather than being admitted to hospitals. Non-invasive monitoring devices can help meet this demand by providing accurate and timely information about the patient’s health status.
- Advances in technology: The development of new technologies has led to significant advances in non-invasive monitoring devices over the past few years. These advances are likely to continue, resulting in even better and more sophisticated devices that can provide more accurate information about a patient’s health condition.
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Invasive Monitoring Device Market Research Report
By Type
by Type, Cardiac Monitoring Devices, Brain Monitoring Devices, Blood Pressure Monitoring Devices, Anesthesia Monitoring Devices, Blood Glucose Monitoring Devices, by Modality, Table-Top Devices, Wearable Devices
By Application
Cardiology, Neurology, Oncology
By Companies
General Electric, Medtronic, Philips, Abbott, Omron, Vaso Corporation, Integrity Applications, CAS Medical Systems, A&D Medical, Tensys Medical, OrSense, CNSystems Medizintechnik, NIMedical, Advanced Brain Monitoring
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Non-Invasive Monitoring Device Market Report Segments:
The global Non-Invasive Monitoring Device market is segmented on the basis of:
Types
by Type, Cardiac Monitoring Devices, Brain Monitoring Devices, Blood Pressure Monitoring Devices, Anesthesia Monitoring Devices, Blood Glucose Monitoring Devices, by Modality, Table-Top Devices, Wearable Devices
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
Cardiology, Neurology, Oncology
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:
- General Electric
- Medtronic
- Philips
- Abbott
- Omron
- Vaso Corporation
- Integrity Applications
- CAS Medical Systems
- A&D Medical
- Tensys Medical
- OrSense
- CNSystems Medizintechnik
- NIMedical
- Advanced Brain Monitoring
Highlights of The Non-Invasive Monitoring Device 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:
- by Type
- Cardiac Monitoring Devices
- Brain Monitoring Devices
- Blood Pressure Monitoring Devices
- Anesthesia Monitoring Devices
- Blood Glucose Monitoring Devices
- by Modality
- Table-Top Devices
- Wearable Devices
- By Application:
- Cardiology
- Neurology
- Oncology
- 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 Non-Invasive Monitoring Device 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?
Non-invasive monitoring devices are medical devices that measure a person's vital signs without the use of needles or other invasive methods. These devices can be used to monitor heart rate, blood pressure, and other physiological parameters.
Some of the key players operating in the non-invasive monitoring device market are General Electric, Medtronic, Philips, Abbott, Omron, Vaso Corporation, Integrity Applications, CAS Medical Systems, A&D Medical, Tensys Medical, OrSense, CNSystems Medizintechnik, NIMedical, Advanced Brain Monitoring.
The non-invasive monitoring device market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-Invasive Monitoring Device 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. Non-Invasive Monitoring Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-Invasive Monitoring Device Market - Supply Chain
4.5. Global Non-Invasive Monitoring Device Market Forecast
4.5.1. Non-Invasive Monitoring Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-Invasive Monitoring Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-Invasive Monitoring Device Market Absolute $ Opportunity
5. Global Non-Invasive Monitoring Device 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. Non-Invasive Monitoring Device Market Size and Volume Forecast by Type
5.3.1. by Type
5.3.2. Cardiac Monitoring Devices
5.3.3. Brain Monitoring Devices
5.3.4. Blood Pressure Monitoring Devices
5.3.5. Anesthesia Monitoring Devices
5.3.6. Blood Glucose Monitoring Devices
5.3.7. by Modality
5.3.8. Table-Top Devices
5.3.9. Wearable Devices
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-Invasive Monitoring Device 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. Non-Invasive Monitoring Device Market Size and Volume Forecast by Application
6.3.1. Cardiology
6.3.2. Neurology
6.3.3. Oncology
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-Invasive Monitoring Device 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. Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device 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. Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device Demand Share Forecast, 2019-2029
9. North America Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device Market Size and Volume Forecast by Application
9.4.1. Cardiology
9.4.2. Neurology
9.4.3. Oncology
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-Invasive Monitoring Device Market Size and Volume Forecast by Type
9.7.1. by Type
9.7.2. Cardiac Monitoring Devices
9.7.3. Brain Monitoring Devices
9.7.4. Blood Pressure Monitoring Devices
9.7.5. Anesthesia Monitoring Devices
9.7.6. Blood Glucose Monitoring Devices
9.7.7. by Modality
9.7.8. Table-Top Devices
9.7.9. Wearable Devices
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 Non-Invasive Monitoring Device Demand Share Forecast, 2019-2029
10. Latin America Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device Market Size and Volume Forecast by Application
10.4.1. Cardiology
10.4.2. Neurology
10.4.3. Oncology
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-Invasive Monitoring Device Market Size and Volume Forecast by Type
10.7.1. by Type
10.7.2. Cardiac Monitoring Devices
10.7.3. Brain Monitoring Devices
10.7.4. Blood Pressure Monitoring Devices
10.7.5. Anesthesia Monitoring Devices
10.7.6. Blood Glucose Monitoring Devices
10.7.7. by Modality
10.7.8. Table-Top Devices
10.7.9. Wearable Devices
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 Non-Invasive Monitoring Device Demand Share Forecast, 2019-2029
11. Europe Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device Market Size and Volume Forecast by Application
11.4.1. Cardiology
11.4.2. Neurology
11.4.3. Oncology
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-Invasive Monitoring Device Market Size and Volume Forecast by Type
11.7.1. by Type
11.7.2. Cardiac Monitoring Devices
11.7.3. Brain Monitoring Devices
11.7.4. Blood Pressure Monitoring Devices
11.7.5. Anesthesia Monitoring Devices
11.7.6. Blood Glucose Monitoring Devices
11.7.7. by Modality
11.7.8. Table-Top Devices
11.7.9. Wearable Devices
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 Non-Invasive Monitoring Device Demand Share, 2019-2029
12. Asia Pacific Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device Market Size and Volume Forecast by Application
12.4.1. Cardiology
12.4.2. Neurology
12.4.3. Oncology
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-Invasive Monitoring Device Market Size and Volume Forecast by Type
12.7.1. by Type
12.7.2. Cardiac Monitoring Devices
12.7.3. Brain Monitoring Devices
12.7.4. Blood Pressure Monitoring Devices
12.7.5. Anesthesia Monitoring Devices
12.7.6. Blood Glucose Monitoring Devices
12.7.7. by Modality
12.7.8. Table-Top Devices
12.7.9. Wearable Devices
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 Non-Invasive Monitoring Device Demand Share, 2019-2029
13. Middle East & Africa Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device 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 Non-Invasive Monitoring Device Market Size and Volume Forecast by Application
13.4.1. Cardiology
13.4.2. Neurology
13.4.3. Oncology
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-Invasive Monitoring Device Market Size and Volume Forecast by Type
13.7.1. by Type
13.7.2. Cardiac Monitoring Devices
13.7.3. Brain Monitoring Devices
13.7.4. Blood Pressure Monitoring Devices
13.7.5. Anesthesia Monitoring Devices
13.7.6. Blood Glucose Monitoring Devices
13.7.7. by Modality
13.7.8. Table-Top Devices
13.7.9. Wearable Devices
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 Non-Invasive Monitoring Device Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Non-Invasive Monitoring Device Market: Market Share Analysis
14.2. Non-Invasive Monitoring Device Distributors and Customers
14.3. Non-Invasive Monitoring Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medtronic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Philips
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Abbott
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Omron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vaso Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Integrity Applications
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CAS Medical Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. A&D Medical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tensys 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. OrSense
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CNSystems Medizintechnik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NIMedical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Advanced Brain Monitoring
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