Hemodynamic Monitoring Market to be dominated by Non-Invasive Hemodynamic Monitoring segment through 2028
The increasing prevalence of cardiac disorders is
expected to drive Global Hemodynamic Monitoring Market in the forecast period,
2024-2028.
According to TechSci Research report, “Hemodynamic Monitoring Systems Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global Hemodynamic Monitoring Market is anticipated to grow at an
impressive rate in the forecast period, 2024-2028. This can be ascribed
to the increasing technological advancements in hemodynamic monitoring systems
along with increasing research into hemodynamic monitoring systems. The
increasing prevalence of cardiovascular diseases and diabetes, rising geriatric
population, growing number of surgeries along with growing awareness
initiatives taken by market players and government and focus on critical care
infrastructure & services are expected to create lucrative growth during
the forecast period. Also, governments are trying to reduce healthcare costs
across the globe is expected to create lucrative growth during the forecast
period. Similarly, favorable reimbursement procedure for cardiovascular
treatment is expected to enhance the demand for the hemodynamic monitoring
market in the forecast period.
However, risks
associated with invasive hemodynamic monitoring like sepsis, bleeding,
hemorrhage, thrombosis, and air embolism may hamper the global hemodynamic
monitoring market in the forecast period. Similarly, increasing pricing
pressure on market players, lack of patient awareness related to disease
diagnosis, and a dearth of skilled professionals may restrict the growth of the
hemodynamic monitoring market during the forecast period.
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The global hemodynamic monitoring
market is segmented into product, type, end-user, and by region.
Based on type, the global Hemodynamic
Monitoring market can be segmented into Invasive
Hemodynamic Monitoring Systems, Minimally Invasive Hemodynamic Monitoring
Systems, and Non-invasive Hemodynamic Monitoring Systems. The Non-Invasive Hemodynamic segment is
expected to dominate the market in 2022 and maintain its dominance throughout
the forecast period. The
increasing incidence of respiratory diseases, stroke, and congestive heart
failure along with lower staffing costs, treatment costs and hospital stays,
better portability and ease of use, and precision is expected to boost the
market growth during the forecast period.
Based on end use, the global Hemodynamic
Monitoring market can be segmented into Hospitals, Clinics, and Ambulatory Care
Centers. The hospital segment is predicted to dominate the market in 2022 and
maintain its dominance throughout the forecast period. However, the increasing demand
for advanced diagnostics and therapies along with the demand for faster and
more accurate diagnoses, the presence of advanced monitors as well as the
availability of competent staff helps patients is expected to create lucrative
growth during the forecast period. It is due to the rising demand for innumerable
portable and non-invasive monitoring devices, home care settings, various
ambulatory services, and the rising usage in specialty clinics has enhanced the
demand for the hemodynamic monitoring market during the forecast period.
Major companies are operating in the global
Hemodynamic Monitoring market are:
- Edwards Lifesciences
Corporation
- Pulsion Medical
Systems Se.
- Lidco Group.
- Deltex Medical Group
PLC.
- ICU Medical Inc.
- Cnsystems
Medizintechnik GmbH.
- Caretaker Medical.
- Osypka Medical GmbH.
- Cheetah Medical.
- NI Medical.
- Uscom.
NICCI is Getinge’s latest innovation in Advanced Hemodynamic Monitoring,
providing continuous and non-invasive hemodynamic insights to reduce the risk
of severe complications for patients with low blood pressure. In
October 2020, Getinge launched NICCI, an innovative advanced hemodynamic
monitoring solution that provides continuous and non-invasive hemodynamic
insights reducing the risk of severe complications in patients with low blood
pressure.
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“North
America is expected to register the highest growth in the Global Hemodynamic
Monitoring Market on account due to the growing development of health care
settings and increasing health awareness levels among the population across the
region. Similarly, the increasing prevalence of cardiovascular illness and
diabetes, product introduction and acquisition, and growing assurance of specialists
in the upcoming new technology are expected to propel the growth of the market
during the forecast period. Increasing investments from different organizations
into research and development and increasing hospital admissions attributed to
the high prevalence of cardiovascular diseases and diabetes impact the usage of
monitoring devices which is expected to drive the demand for the Hemodynamic
Monitoring market in the forecast period. Similarly, owing
to the increasing population and rapidly rising demand for advance diagnosis is
expected to propel the market growth till 2028” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Global Hemodynamic Monitoring Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2028, Segmented
By Product (Disposable v/s Monitors), By Type
(Invasive Hemodynamic Monitoring Systems, Minimally Invasive Hemodynamic
Monitoring Systems, Non-invasive Hemodynamic Monitoring Systems), By End User
(Hospitals, Clinics, and Ambulatory Care Centres), and By Region”, has evaluated the future growth potential of global hemodynamic
monitoring market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision-makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global hemodynamic monitoring
market.
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