Patient Care Monitoring Devices Market Share

  • Report ID: 3279
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Patient Care Monitoring Devices Market Share

APAC Market Statistics

Geographically, the global patient care monitoring devices market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. Asia Pacific industry is predicted to hold largest revenue share by 2036, on account of growing burden of chronic diseases in the region. Additionally, the rising geriatric population in Asian countries is expected to lead to a rise in requirements for patient care monitoring devices.

North America Market Analysis

Furthermore, the patient care monitoring devices market in North America is evaluated to grab a notable share over the forecast period, which can primarily be attributed to the region's robust healthcare infrastructure. Alternatively, the market in Europe is also anticipated to conquer a significant share in the market on account of its increasing investment for product development in the medical industry.

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Global-Patient-Care-Monitoring-Device-Market-Share
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Author Credits:  Radhika Pawar


  • Report ID: 3279
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising adoption of remote patient care monitoring devices and increasing elderly population are the key factors driving market growth.

The market is anticipated to attain a 5.5% CAGR over the forecast period, i.e., 2022-2030.

High cost of the devices is estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing ageing population and rising disease prevalence.

The major players dominating the Patient Care Monitoring Devices market are Abbott Laboratories, Medtronic Plc, Masimo Corporation, OMRON Corporation, Boston Scientific Corporation, and others.
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