Wed. Oct 16th, 2019

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Spot check Patient monitoring Market to Register Unwavering Growth During 2018 – 2026

4 min read

Spot check patient monitoring is a multi-modal device which checks a group of physical tests to check the status of a patient. It involves the measurement of heart rate, respiratory rate, temperature and blood pressure, in order to monitor the health of the patient continuously. These tests are important and indicates the type of disease and show a proof towards their recovery. The spot check patient monitoring system decreases the patient risk and interprets the data. More efforts are being put up by the manufacturers to develop the systems like spot check patient monitoring which function efficiently by reducing the error. Also it can be used in detecting inpatient and outpatient conditions with the changing lifestyle people have become prone to many diseases so a constant system is required to monitor the health of the patient. This multi-modal spot check patient monitoring system is easy to use, has parameters like alarms installed in it and contributes to reduce the hospital costs and stays. It provides caretakers to directly access the patient. Welch Allyn Spot check patient monitoring device offers many options and parameters so that the patient can customise it according to meet his specific needs. Moreover the device can recall the last 50 readings so that the patient can compare his results  The global spot patient monitoring system market is anticipated to witness a high growth in the forecasted period.

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Factors driving the growth of Spot check Patient Monitors

The major factors driving the growth of the spot check monitoring market is change in the lifestyle of the growing population which is causing chronic disorders and deaths. The prevalence of cardiovascular diseases, blood pressure, hypertension and respiratory diseases among the population is causing the need for more accurate and vigilant monitors. Moreover with the increase in the rising air pollution need for respiratory equipments in the emerging countries is increasing. Also the demand for home care spot check monitors is increasing as ill patients require constant monitoring and frequent visits to hospitals are unaffordable. These machines have long battery back-ups and can be used for bedside monitoring Increasing focus on the disease management will lead to increase in the adoption rate of spot check monitors. Moreover, rise in the ambulatory centres and improved reimbursements across various countries have pushed the spot check patient monitoring market growth. However, lack of awareness of spot check patient monitoring market in the developing regions could hamper the growth of vital signs monitoring devices market. The Spot check patient monitor companies are focused on increasing awareness about their products through marketing activities and will gain attraction during the forecast period.

Regional outlook

Depending on geographic regions, the global spot check patient monitor market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, and Asia Pacific excluding China, China and Middle East & Africa. North America followed by Europe is expected to dominate the market of spot check patient monitor due to technological advancement with the adoption of portable patient monitoring devices for self-care owing to an increased rate of diseases like blood pressure and cardiac diseases. On the other hand Asia pacific regions are expected to grow during the forecast period due to the increasing population suffering from health problems. The government is focusing on providing initiatives and creating public awareness among people to prevent the risks of diseases. Moreover the manufacturers are investing on the spot check patient monitors to expand their product portfolios and focusing on R&D for the development of better and new products that are precise in function, cost effective, and store & analyse the data effectively.

Some of the major market players in spot check patient monitor market are Analogic Corporation, GE Healthcare, Koninklijke Philips N.V.; Medtronic plc; Spacelabs Healthcare .; Cardioline S.p.A, Mindray, Okuman Medikal Sistemler, Welch Allyn, Masimo, Rudolf Riester GmbH, and Omron Healthcare, Inc.

Market Segmentation

By product type

  • O2 and CO2 measurement
  • Blood pressure measurement
  • Temperature measurement
  • ECG measurement
  • Blood Glucose measurement
  • Pulse Oximeter

By end user

  • Hospitals and clinics
  • Ambulatory centres
  • Ambulances
  • Home care

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By region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding China
  • China
  • Middle East & Africa

Key Data Points Covered in Report

The report covers exhaustive analysis on:

  • The spot check patient monitoring Market by composition, product type, end user and region
  • Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding China, china, Middle East & Africa by product type, end-user segments and country
  • The spot check patient monitoring Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • The spot check patient monitoring Market Size & Forecast 2018 – 2026
  • The spot check patient monitoring Market Current Trends/Issues/Challenges
  • Competition & Companies involved

Report Highlights:

  • Shifting industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size, recent industry trends
  • Key competition landscape, market structure, regulatory scenario
  • Epidemiology outlook for diseases
  • Economical spending, regional healthcare outlook, consumer healthcare expenditure
  • Availability of procedure, cost of stents, specificity and sensitivity of test
  • Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance in terms of value and volume

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