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The global patient monitoring devices market is projected to reach USD 25.31 Billion by 2023 from USD 19.14 Billion in 2018, at a CAGR of 5.7%. The base year considered for the study is 2017 and the forecast period is from 2018 to 2023. The patient monitoring devices market is a consolidated market with a number of companies offering various types of patient monitoring devices. The major players operating in the global patient monitoring devices market are GE Healthcare (US), Natus Medical (US), Medtronic (Ireland), and Nihon Kohden (Japan) dominated the patient monitoring devices market. Most companies focus on product launches and approvals to compete in the market. The players also focused on increasing their presence in high-growth markets through acquisitions, agreements, partnerships, collaborations, and expansions. Natus (US) is the leading player in the global patient monitoring devices market. Natus has been operating in the neuromonitoring industry for more than two decades. ...

The scope of the report includes patient monitoring devices for continuous monitoring, detection, and treatment of heart, brain, lungs, and blood activities and measurement of temperature and weight of the body. The base year considered for the study is 2017, and the forecast period for the study is between 2018 and 2023. The  patient monitoring devices market  is projected to reach USD 25.31 billion by 2023 from USD 18.11 billion in 2017, at a CAGR of 5.7%. Market Dynamics Availability of wireless monitoring devices Rising incidence of lifestyle and chronic diseases Opportunities Growing demand for patient monitoring devices in non-hospital settings Emerging markets Challenges Risks associated with invasive monitoring devices Low-acuity monitors are expected to account for the largest share of the multi-parameter monitoring devices market in 2018. Low-acuity devices are used for monitoring the basic vital signs of a patient. These devices may also be set up at patients’ homes...