San Francisco, 13 December 2018,
Hemodynamic Monitoring Devices
Market Analysis By Product (Monitoring Systems, Disposables), By Type
(Invasive, Minimally Invasive, Non-invasive), By End-use (Hospitals,
Catheterization Laboratories), And Segment Forecasts To 2024
The global hemodynamic monitoring devices market is
expected to reach USD 1.4 billion by 2024, according to a new report by Grand
View Research, Inc. The increasing demand for non-invasive monitoring
techniques coupled with the rising prevalence of chronic illness is expected to
drive the market over the forecast period.
The hemodynamic monitoring
market is influenced by new technologies such as echocardiography, thoracic
electrical bio-impedance and others that maybe used to non-invasively monitor
parameters such as cardiac output, arterial pressure, blood oxygen level, and
central venous pressure.
Furthermore, the rising
population of critically ill patients coupled with defective healthcare
facilities with drawbacks, such as understaffing, is propelling market players
to develop minimal invasive hemodynamic monitoring devices that may be used in clinical
and home care settings. Along with the new product development, the market is
also anticipated to witness the development of technologies that help in the
early diagnosis of shock and sepsis.
Furthermore, efforts by key
industry players to understand critical illnesses at molecular levels leading
to the development of efficient assessment products are expected to be
witnessed over the forecast period. Hence, all these company strategies and the
research conducted are eventually expected to promote market growth over the
forecast period.
Access Full Research
Report On Hemodynamic Monitoring Devices Market Analysis:
www.grandviewresearch.com/industry-analysis/hemodynamic-monitoring-devices-market
www.grandviewresearch.com/industry-analysis/hemodynamic-monitoring-devices-market
Further key findings from the study suggest:
·
The disposables segment is
anticipated to be the largest segment by 2024. The rising sale of hemodynamic
monitoring systems and increasing applications of these systems in home care
settings, hospitals, and clinics are expected to boost the segment growth.
·
The non-invasive devices
segment is expected to be the fastest growing hemodynamic monitoring market.
Risks that include the development of arrhythmias due to the use of pulmonary
artery catheter and the development of other methodologies that measure the
cardiac output, such as echocardiographs, are the vital impact rendering
drivers.
·
Asia Pacific is anticipated to
be the fastest growing regions and is anticipated to contribute to about 20.0%
of the global revenue by 2024. The strengthening of the distribution channels
by companies and the registration of products in countries, such as China,
India, Australia, and others, are expected to support the growth over the
forecast period. For instance, LiDCO Group, in their 2016 prelim report
emphasized on its strategy of appointing new distributors for the Australian
and South East Asian region.
·
Major industry players are
Edward Lifesciences, LiDCO Group Plc, Deltex Medical, Philips Medical, GE
Healthcare, Noninvasive Medical Technologies, Inc., Tensys Medical, Inc.,
Cardio-Dynamics International, and Drager Medical, Inc. As mentioned above, the
new product development is expected to drive the market over the forecast
period.
·
For instance, in March 2016,
the LiDCO Group received the U.S. FDA approval for the LiDCO unity and launched the product in the European
region. Along the same time, LiDCO also succeeded in registering itself in
China to explore untapped territories and increase their global presence.
Browse More Reports Of This Category By Grand View
Research At: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
Hemodynamic Monitoring Devices Market on the basis of product, type, end-use
and regions.
Global Hemodynamic Monitoring
Devices Product Outlook (Revenue, USD Million, 2014 - 2024)
·
Monitoring systems
o
Pulmonary artery catheters
o
Cardiac output monitors
o
Others
·
Disposables
o
Probes
o
Airflow Sensors
o
Circuits
o
Others
·
Services
Global Hemodynamic Monitoring
Devices Type Outlook (Revenue, USD Million, 2014 - 2024)
·
Invasive Hemodynamic Monitoring
System
·
Minimally Invasive Hemodynamic
Monitoring System
·
Non-invasive Hemodynamic
Monitoring System
Global Hemodynamic Monitoring
Devices End-use Outlook (Revenue, USD Million, 2014 - 2024)
·
Hospitals
·
Catheterization Laboratories
·
Others
Hemodynamic Monitoring Devices
Market Regional Outlook (Revenue, USD Million, 2014 - 2024)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
Japan
o
China
·
Latin America
o
Brazil
o
Mexico
·
MEA
o
South Africa
o
Saudi Arabia
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-hemodynamic-monitoring-devices-market
www.grandviewresearch.com/press-release/global-hemodynamic-monitoring-devices-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
