LAMEA Multiparameter Patient Monitoring Systems Market

LAMEA 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-11984 Publication Date: October-2022 Number of Pages: 104
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Market Report Description

The Latin America, Middle East and Africa Multiparameter Patient Monitoring Systems Market would witness market growth of 11.6% CAGR during the forecast period (2022-2028).

Digital medical displays include reconstructions of physiological parameters over time (the X axis), as well as automatic numeric readouts of the maximum and/or average values of the parameters that are currently being presented on the screen. Digital signal processing (DSP) is frequently used in today's medical display systems. DSP offers several benefits, including downsizing, mobility, and multi-parameter displays that can monitor a variety of different vital signs all at once.

Old analog patient displays, on the other hand, were based on oscilloscopes and consisted of only a single channel. This channel was traditionally used for electrocardiographic monitoring (ECG). As a consequence of this, medical monitors often required a high level of specialization. The patient's blood pressure, pulse oximetry, and electrocardiogram would each be measured by a separate monitor. A fourth monitor would display the patient's heart rate.

In later analog models, it was common for there to be a second or third channel shown on the same screen. These extra channels were used to monitor things like blood pressure and breathing movements. These devices had widespread adoption and were responsible for the preservation of a great number of lives, although they were susceptible to electrical interference, experienced variations in base level, and lacked numeric readouts and alarms.

As one of the most economically developed and varied nations in the Middle East, the UAE boasts a good healthcare infrastructure. The UAE government has made the development of world-class health systems a top priority, and as a result, the industry has evolved and grown substantially over the past few decades. In response to the emergence of COVID-19 in January 2020, the UAE government swiftly implemented preventative health measures. In terms of COVID-19 response, the United Arab Emirates has been recognized as one of the top countries in the world and the highest in the Arab world due to the efforts of its leadership.

The Brazil market dominated the LAMEA Multiparameter Patient Monitoring Systems Market by Country in 2021; thereby, achieving a market value of $354.6 million by 2028. The Argentina market is showcasing a CAGR of 12.2% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 11.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Multiparameter Patient Monitoring Systems Market is Predict to reach $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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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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