Market Size of Europe Hemodynamic Monitoring Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Hemodynamic Monitoring Market Analysis
The European market for hemodynamic monitoring is expected to register a CAGR of around 5.0% over the forecast period. Factors that are augmenting the growth of the market in the European region are increasing critically ill geriatric population, the rise in the prevalence of cardiac disorders and diabetes, and increasing demand for home-based and non-invasive monitoring systems.
In Europe, the Ageing Report is published every three years by the Ageing Working Group of the Economic Policy Committee (EPC) and the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN), based on a mandate by the Council. As per the latest report by EPC (2018), the cost of ageing in the region is believed to grow by 1.7% to 26.7% of the GDP, till 2070. This long-term analysis was done to understand the negative impact of ageing in the European region. As the ageing population is increasing, there is a rising demand for monitoring tools, which is accelerating the growth of the hemodynamic monitoring market.
Certain factors, such as technological advances in the healthcare industry, along with its rapid adoption, are also fuelling the market.
