Market Insights and Analysis: Physiological Monitors Market Overview and Projections (2023-2028)
The Global Physiological Monitors Market size was valued at USD 41.11 Billion in 2022 and is projected to grow at a CAGR of around 6.87% during the forecast period, i.e., 2023-28.
Top leading companies in the Physiological Monitors Market includes:
Honeywell International Inc., A&D Company Limited, Panasonic Holdings Corporation, Boston Scientific Corporation, Abbott Laboratories, Medtronic Plc, General Electric, OMRON Healthcare Co., Ltd, Koninklijke Philips N.V.
Recent Developments:
- In May 2023, Abbott, headquartered in Abbott Park, Illinois, declared that its Assert-IQ™ insertable cardiac monitor (ICM) had been granted clearance by the U.S. Food and Drug Administration (FDA), giving physicians a renewed choice for diagnosing and continuously monitoring individuals with irregular heartbeats. This approval expands Abbott's range of connected health devices, enabling doctors to remotely handle & care for their patients.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product
-Hemodynamic Monitoring Devices
-Neuromonitoring Devices
-Cardiac Monitoring Devices
-Fetal and Neonatal Monitoring Devices
-Respiratory Monitoring Devices
By Application
-Cardiology
-Neurology
-Respiratory
-Fetal and Neonatal
-Weight Management
- Cardiology garnered the highest share of the Global Physiological Monitors Market in 2022.
By End User
-Hospitals and Clinics
-Home Settings
-Ambulatory Surgical Centers
-Others
By Company
-Revenue Shares
-Competition Characteristics
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Physiological Monitors Market Geographic Reach:
The Geographic Reach of the Physiological Monitors Market evaluates the spread and significance of Physiological Monitors market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of the Middle East & Africa
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