Patient Monitoring Devices Market by Product, End User - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Patient Monitoring Devices Market is forecasted to grow significantly, with a projected USD 51.24 billion in 2023 at a CAGR of 13.28% and expected to reach a staggering USD 122.89 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Patient Monitoring Devices Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Patient Monitoring Devices Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Blood Glucose Monitoring Systems, Cardiac Monitoring Devices, Fetal & Neonatal Monitoring Devices, Hemodynamic/Pressure Monitoring Devices, Multi-parameter Monitoring Devices, Neuromonitoring Devices, Respiratory Monitoring Devices, Temperature Monitoring Devices, and Weight Monitoring Devices. The Blood Glucose Monitoring Systems is further studied across Continuous Glucose Monitoring Systems and Self-monitoring Blood Glucose Systems. The Cardiac Monitoring Devices is further studied across ECG Devices, Event Monitors, Implantable Loop Recorders, Mobile Cardiac Telemetry Monitors, and Smart/Wearable ECG Monitors. The Fetal & Neonatal Monitoring Devices is further studied across Fetal Monitoring Devices and Neonatal Monitoring Devices. The Hemodynamic/Pressure Monitoring Devices is further studied across Blood Pressure Monitors, Disposables, and Hemodynamic Monitors. The Multi-parameter Monitoring Devices is further studied across High-acuity Monitoring Devices, Low-acuity Monitoring Devices, and Mid-acuity Monitoring Devices. The Neuromonitoring Devices is further studied across Cerebral Oximeters, Electroencephalograph Machines, Electromyography Machines, Intracranial Pressure Monitors, Magnetoencephalography Machines, and Transcranial Doppler Machines. The Respiratory Monitoring Devices is further studied across Capnographs, Peak Flow Meters, Pulse Oximeters, and Spirometers. The Temperature Monitoring Devices is further studied across Handheld Temperature Monitoring Devices, Invasive Temperature Monitoring Devices, Smart Temperature Monitoring Devices, Table-top Temperature Monitoring Devices, and Wearable Continuous Monitoring Devices. The Weight Monitoring Devices is further studied across Analog and Digital. The Blood Glucose Monitoring Systems commanded largest market share of 18.88% in 2022, followed by Cardiac Monitoring Devices.

Based on End User, market is studied across Ambulatory Surgery Centers, Home Care Settings, and Hospitals. The Hospitals commanded largest market share of 67.40% in 2022, followed by Home Care Settings.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 35.63% in 2022, followed by Asia-Pacific.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Patient Monitoring Devices Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Patient Monitoring Devices Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Patient Monitoring Devices Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Patient Monitoring Devices Market?

4. What is the competitive strategic window for opportunities in the Global Patient Monitoring Devices Market?

5. What are the technology trends and regulatory frameworks in the Global Patient Monitoring Devices Market?

6. What is the market share of the leading vendors in the Global Patient Monitoring Devices Market?

7. What modes and strategic moves are considered suitable for entering the Global Patient Monitoring Devices Market?

Product Code: MRR-FB6C9E792B57

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Patient Monitoring Devices Market, by Product, 2022 vs 2030
4.3. Patient Monitoring Devices Market, by End User, 2022 vs 2030
4.4. Patient Monitoring Devices Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Technological Advancement in Patient Monitoring Devices & Availability of Wireless Monitoring Devices
  - 5.1.1.2. Rising Prevalence of Chronic Diseases
  - 5.1.1.3. Increasing Preference for Wearable Patient Monitoring Devices, Biosensors, and Smart Implants among Healthcare Payers
- 5.1.2. Restraints
  - 5.1.2.1. Risks Associated with Invasive Monitoring Devices
  - 5.1.2.2. Relative High Cost of Patient Monitoring Products and Inadequate Reimbursement
- 5.1.3. Opportunities
  - 5.1.3.1. Growing Market for Non-Invasive and Minimally Invasive Devices
  - 5.1.3.2. Increasing Demand for Patient Monitoring Devices in Non-Hospital Settings
- 5.1.4. Challenges
  - 5.1.4.1. Lack of Skilled Healthcare Professionals
  - 5.1.4.2. Increasing Pricing Pressure on Market Players
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Patient Monitoring Devices Market, by Product

6.1. Introduction
6.2. Blood Glucose Monitoring Systems
- 6.2.1. Continuous Glucose Monitoring Systems
- 6.2.2. Self-monitoring Blood Glucose Systems
6.3. Cardiac Monitoring Devices
- 6.3.1. ECG Devices
- 6.3.2. Event Monitors
- 6.3.3. Implantable Loop Recorders
- 6.3.4. Mobile Cardiac Telemetry Monitors
- 6.3.5. Smart/Wearable ECG Monitors
6.4. Fetal & Neonatal Monitoring Devices
- 6.4.1. Fetal Monitoring Devices
- 6.4.2. Neonatal Monitoring Devices
6.5. Hemodynamic/Pressure Monitoring Devices
- 6.5.1. Blood Pressure Monitors
- 6.5.2. Disposables
- 6.5.3. Hemodynamic Monitors
6.6. Multi-parameter Monitoring Devices
- 6.6.1. High-acuity Monitoring Devices
- 6.6.2. Low-acuity Monitoring Devices
- 6.6.3. Mid-acuity Monitoring Devices
6.7. Neuromonitoring Devices
- 6.7.1. Cerebral Oximeters
- 6.7.2. Electroencephalograph Machines
- 6.7.3. Electromyography Machines
- 6.7.4. Intracranial Pressure Monitors
- 6.7.5. Magnetoencephalography Machines
- 6.7.6. Transcranial Doppler Machines
6.8. Respiratory Monitoring Devices
- 6.8.1. Capnographs
- 6.8.2. Peak Flow Meters
- 6.8.3. Pulse Oximeters
- 6.8.4. Spirometers
6.9. Temperature Monitoring Devices
- 6.9.1. Handheld Temperature Monitoring Devices
- 6.9.2. Invasive Temperature Monitoring Devices
- 6.9.3. Smart Temperature Monitoring Devices
- 6.9.4. Table-top Temperature Monitoring Devices
- 6.9.5. Wearable Continuous Monitoring Devices
6.10. Weight Monitoring Devices
- 6.10.1. Analog
- 6.10.2. Digital

7. Patient Monitoring Devices Market, by End User

7.1. Introduction
7.2. Ambulatory Surgery Centers
7.3. Home Care Settings
7.4. Hospitals

8. Americas Patient Monitoring Devices Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Patient Monitoring Devices Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Patient Monitoring Devices Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. List of Company Mentioned

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing