Asia Pacific Multiparameter Patient Monitoring Systems Market

Asia Pacific Multiparameter Patient Monitoring Systems Market Size, Share & Industry Trends Analysis Report By End-Use, By Acuity Level (High, Medium and Low), By Device Type, By Age Group (Geriatric, Pediatric and Adult), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11982 Publication Date: October-2022 Number of Pages: 104
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Market Report Description

The Asia Pacific Multiparameter Patient Monitoring Systems Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).

The prevalence of "ransomware," a type of malicious software that locks users out of their computers and demands payment before releasing them, has surged in recent years. A refusal to comply can result in the theft of a large number of patient records. Standardization of measured data requires that a system be able to incorporate, recognize, and manage all of the different monitoring modules' data if the data originates from many monitoring modules.

Defibrillator with integrated monitoring: this is a very helpful device for facilitating quick intervention in the event of cardiac arrest. In the emergency room, monitors that include defibrillators are employed. A touch screen is a feature that has nearly reached an essential status in the operation of monitoring systems. Some versions run on batteries as their power source.

They are often utilized in the field (for example, in the area of emergency medicine) or as a backup in the case that there is a loss of power. They may be preceded by numerical readouts of computed parameters based on the original data, such as maximum, minimum, and average value systems, pulse and respiratory frequencies, and so on. Physiological data are displayed constantly on a CRT, LED, or LCD screen as data channels along the time axis.

The settings and primary mechanisms that led to China's rapid deployment of digital health projects in response to COVID-19, as well as the lessons gained, will be examined. Medical equipment sales represent the most active and strategically significant segment of the healthcare business for multinational corporations. Imported medical equipment dominates the premium and technology-heavy market sectors, and indigenous products dominate the low- to middle-market categories. The majority of medical instruments are still purchased by public institutions. China will have 35,394 hospitals by 2020, with over 7.1 million beds and 3.32 billion patient visits, according to the National Health Commission's Chinese-language website.

The China market dominated the Asia Pacific Multiparameter Patient Monitoring Systems Market by Country in 2021; thereby, achieving a market value of $1.2 billion by 2028. The Japan market is registering a CAGR of 6% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 7.4% during (2022 - 2028).

Based on End-Use, the market is segmented into Hospitals, Homecare Settings, Ambulatory Surgical Centers and Others. Based on Acuity Level, the market is segmented into High, Medium and Low. Based on Device Type, the market is segmented into Portable and Fixed. Based on Age Group, the market is segmented into Geriatric, Pediatric and Adult. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Multiparameter Patient Monitoring Systems Market is Projected to reach USD 15.5 Billion by 2028, at a CAGR of 5.8%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., GE Healthcare, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Drägerwerk AG & Co. KGaA, Medtronic PLC, Masimo Corporation, Skanray Technologies Ltd., Schiller AG, Spacelabs Healthcare and Smiths Medical (ICU Medical, Inc.)

Scope of the Study

Market Segments Covered in the Report:

By End-Use

  • Hospitals
  • Homecare Settings
  • Ambulatory Surgical Centers
  • Others

By Acuity Level

  • High
  • Medium
  • Low

By Device Type

  • Portable
  • Fixed

By Age Group

  • Geriatric
  • Pediatric
  • Adult

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Koninklijke Philips N.V.
  • GE Healthcare
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Drägerwerk AG & Co. KGaA
  • Medtronic PLC
  • Masimo Corporation
  • Skanray Technologies Ltd.
  • Schiller AG
  • Spacelabs Healthcare
  • Smiths Medical (ICU Medical, Inc.)
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