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Global patient monitoring equipment market to grow at a CAGR of 8.93% during the period 2017-2021

Press Release   •   Feb 14, 2017 18:15 IST

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Patient monitoring equipment with specialized versions are used to monitor physiological signs. These devices are either used as bed-side monitors or as remote patient monitors. Remote patient monitoring is one of the key factors for the buying criteria of the patient monitoring equipment in the market. Hence, vendors are developing technologically advanced products that can be integrated with smartphones and applications, which can send test results on time and provide better patient care service. For instance, Dexcom developed the Dexcom G5 mobile continuous glucose monitoring (CGM) device, a mobile system, that sends glucose readings to a compatible smartphone every 5 minutes. In October 2014, the company received the FDA approval for its mobile application Dexcom SHARE, which is used in Dexcom G4 PLATINUM CGM system.

Technavios analysts forecast the global patient monitoring equipment market to grow at a CAGR of 8.93% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global patient monitoring equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of patient monitoring equipment.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Patient Monitoring Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

GE Healthcare

Medtronic

Philips Healthcare

Smiths Medical

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/964365