The demand for mobile continuous patient monitors witnessed an incredible rise in 2020 due to rising investments by the government in highly advanced, equipped and upgraded mobile monitoring devices to track patients from home without clinical visits for their safety due to the spread of Covid-19 pandemic. In 2021, further researches are getting conducted to bring continuous developments in this market. Shifting focus from clinical visits to health tracking from home for avoiding unnecessary spread of Covid-19 in 2021 is adding immense progress to this market.
At present, mobile patient monitors are allowing the physicians and hospitals to monitor patients outside the conventional clinic settings where the technology can provide 24/7 data sharing between patients and physicians. 24/7 data tracking and patient monitoring is acting as a major trend adding remunerative progress to this market in 2021.
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Mobile continuous patient monitors market: Key Players
Examples of some of the major players identified in the global Mobile continuous patient monitors market are OSI Systems, Inc, Schiller, Huntleigh Healthcare Limited., HEYER Medical AG, Radiometer Medical ApS, Masimo., myErka, Kalamed Medical Systems, Nihon Kohden Corporation, Koninklijke Philips, CNSystems Medizintechnik GmbH., ELCAT, Promed Group Co., Ltd., Trimpeks among others.
Mobile continuous patient monitors Market: Segmentation
Tentatively, the global Mobile continuous patient monitors market can be segmented on the basis of product type, indications, End Users and geography.
Based on types of product, the global Mobile continuous patient monitors Market is segmented as:
- Portable and Compact
- Floor Standing
Based on Indications, the global Mobile continuous patient monitors Market is segmented as:
- Blood Pressure
Based on end users, the global Mobile continuous patient monitors Market is segmented as:
- Intensive Care
- Ambulatory surgical centers
- Home care settings
Based on Region, the global Mobile continuous patient monitors Market is segmented as:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan and China
- Middle East & Africa
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Mobile continuous patient monitors market: Drivers and Restraints
Increasing chronic diseases and heart diseases lead to decreased productivity, and high health care costs. In many countries heart diseases is costly, also diabetes approximately accounts for 15% of the healthcare budgets. With the mobile continuous patient monitoring technology, devices should be used to reduce the cost of health sectors. The Mobile continuous patient monitors enhance and evaluate by monitoring the patients by continuously assessing the signs and symptoms of disease and analyzing with self-management programs to further prevent the chronic diseases.
These devices are used at home and in hospitals which provide comfort to the patients and hospital staff. Any fluctuations in the device leads to the timely access to health information to the doctors. These factors are driving the Mobile continuous patient monitors market. Also the mobile continuous patient monitors reduce travelling and physical presence of patients in urban health centers in remote areas. These mobile continuous patient monitors’ help in coordinating between health care professionals.
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Mobile continuous patient monitors market: Regional Outlook
Due to strict regulations regarding patient safety and patient care North America and Europe are presumed to be the leading regions in the global Mobile continuous patient monitors market. The devices are portable and can be used at homecare where patients can feel comfortable. This is driving the market of Mobile continuous patient monitors market. Regions such as Asia Pacific and Latin America are expected to have higher revenue growth during the forecast period due to increased investments from manufacturers.
The Mobile continuous patient monitors market in Asia pacific regions such as India and China and is anticipated to develop at a significant rate due to change in the technological advancements. In addition, patients want to be aware of their health conditions by monitoring themselves continuously. Governments in the emerging regions is initiating on providing better healthcare facilities to the
Key data points covered in report
The report covers exhaustive analysis on:
- Mobile continuous patient monitors Market by types of product, indication type, End Users and region
- Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa by end user and country segments
- Mobile continuous patient monitors Market Dynamics & Opportunity Assessment
- Historical Actual Market Size, 2013 – 2017
- Mobile continuous patient monitors Market system market Size & Forecast 2018-2028
- Mobile continuous patient monitors Market Current Trends/Issues/Challenges
- Competition & Companies involved
population add to the growth of the Mobile continuous patient monitors market.
- Shifting Industry dynamics
- In-depth Mobile continuous patient monitors market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape, market structure, regulatory scenario
- Epidemiology outlook for diseases
- Economical spending, regional healthcare outlook, consumer healthcare expenditure
- Availability of device, cost of the test, specificity and sensitivity
- Strategies for key players and product offerings, Channel strategies, regional foot print, channel footprint
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance in terms of value
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