The Asia-Pacific market for patient monitoring equipment is expected to reach USD XX billion by the end of 2021, growing at a CAGR of around XX% from 2016 to 2021.
Patient monitoring devices are effective in handling post-surgery care and monitoring the aging population. The data is displayed on a CRT, LED or LCD screen as data channels along the time axis. The displayed values are computed parameters depending upon the maximum, minimum and average values.
Asia-Pacific Patient Monitoring Market-Market Dynamics
Currently, North America dominates the global market primarily due to the rapid technological advances in this particular region. Asia-Pacific and Latin America are two markets with potential. The report details several factors driving and restraining the market, some of which are listed below.
Resistance from the healthcare industry professionals towards the adoption of the patient monitoring system, lack of proper reimbursement policies and stringent regulatory framework are the factors limiting the growth of the patient monitoring equipment market.
The Asia-Pacific patient monitoring equipment market is segmented on the basis of the type of device (patient monitors/portals, clinical decision support systems, clinical measurement systems, fetal-maternal monitors, surveillance & networking, wireless monitoring, and cable-less measurement), target area (cardiology, neurology, respiratory, fetal & neonatal, weight monitoring, temperature monitoring, remote monitoring and others), and geography (China, Japan, India, South Korea, Australia and Others).
Some of the key players in the market are:
What the Report Offers