Business & Finance

Global Wireless Patient Monitoring Devices Market to register a staggering CAGR during the forecast 2019-2025

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Researchmoz added latest report “Global Wireless Patient Monitoring Devices Market Research Report 2019″. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Wireless Patient Monitoring Device is a technology that is used to enable monitoring of patients outside of conventional clinical settings (e.g. in the home). These devices have the advantage of allowing patient movement without restricting patients to a bedside monitor with a hard-wired connection. It simplifies the accessibility towards health care resources, reduces healthcare costs, allows earlier diagnosis and prevents misdiagnosis. But the most important advantage of using patient monitoring systems in healthcare facilities is that it improves communication between patients and their healthcare providers by simplifying data transmission. Also this is an efficient way to address the issue of staff shortage which is a common factor observed in various large healthcare institutions. This reduces the strain on the resources such lab tests, beds, staff and other healthcare resources.

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The wireless patient monitoring technology allows healthcare providers to reach out to wider array of healthcare seekers by not confining to the confines of the traditional healthcare facility. This technology generates real time data from the patients physiological conditions to facilitate better diagnosis and devise better strategies for emergency measures. Also, the increasing prevalence of various diseases such as respiratory diseases, strokes and heart failures, hypertension, diabetes, renal diseases, epilepsy etc. has put a strain on existing healthcare resources in form of hospital beds, conventional diagnostic resources etc. along with healthcare staff in form of physicians, nurses, etc. Wireless patient monitoring devices reduces this stress as it allows for better data transmission within or outside the boundaries of a healthcare facility. Also, favorable government initiatives to promote the usage are expected to positively impact the market growth over the forecast years.

The global Wireless Patient Monitoring Devices market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Wireless Patient Monitoring Devices volume and value at global level, regional level and company level. From a global perspective, this report represents overall Wireless Patient Monitoring Devices market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Honeywell HomMed
Medtronics
Boston Scientific
GE Healthcare
Johnson and Johnson
Philips Healthcare
Roche Diagnostics
Abbott Laboratories
Carematix
Nihon Kohden

Segment by Regions
North America
Europe
China
Japan

Segment by Type
Cardiac Monitoring Devices
Respiratory Monitoring Devices
Hematological Monitoring Devices
Multi-sign Monitors
Others

Segment by Application
Hospitals
Nursing Centers
Ambulatory Surgical Centers
Others

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