The Hemodynamic Monitoring Systems Market is growing pervasively mainly due to the growing rate of cardiovascular disorders, worldwide. In the year, the hemodynamic monitoring systems market had valued at USD 780 MN which is expected to reach USD 1,054 MN by 2023, registering 7.3% CAGR during the forecast period (2017-2023).
Over the last couple of decades, incidence of diseases and disorders related to the heart and blood pressure have increased drastically. Sadly, the figure is growing every year.
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- Argon Medica
- Teleflex Incorporated
- Osypka Medical
- Edwards Lifesciences Corporation
- PULSION Medical Systems SE
- LiDCO Group plc
- Cheetah Medical
- Deltex Medical Group Plc
- ICU Medical
- The global hemodynamic monitoring systems market has been segmented on the basis of product, type, end-use, and region.
- By product, the market is segmented into disposables, monitors, minimally invasive, and others. Among these, the segment – monitors accounts for the largest segment.
- By type, the market is segmented into invasive, non-invasive, and others. Out of these, the Invasive accounts for the major segment.
- By end-user, the market is segmented into hospitals, clinics, ambulatory care centers, home care settings, and others. The segment hospitals and clinics is the largest segment.
- By region, the market is segmented into the Americas, Europe, Asia-Pacific, and Middle East & Africa.
North America accounts for the leading share in the market for the hemodynamic monitoring systems. Factors positively impacting the market growth in the region include the high per capita health care expenditures and rapid uptake of advanced technologies in the growing healthcare sector.
Moreover, the rising geriatric population along with the increasing prevalence of high/low BP, cardiovascular diseases, hypertension, and obesity issues that are leading to heart diseases & disorders are fuelling the market growth in the region.
Furthermore, the presence of well-established market players along with the growing number of patients suffering from major/minor heart issues is positively impacting the growth in the regional market.
The Europe hemodynamic monitoring systems market accounts for the second-largest market, globally. Attributing to the increasing healthcare expenditure, availability of advanced treatment facilities, and government initiatives, the market is estimated to register a remarkable CAGR during the forecast period (2017-2023). Increasing cardiovascular issues in the region are becoming paramount concerns which, in turn, are contributing to the market growth.
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