Albany, NY -- (SBWIRE) -- 09/19/2017 -- Patient monitoring equipment with specialized versions are used to monitor physiological signs. These devices are either used as bed-side monitors or as remote patient monitors. Remote patient monitoring is one of the key factors for the buying criteria of the patient monitoring equipment in the market. Hence, vendors are developing technologically advanced products that can be integrated with smartphones and applications, which can send test results on time and provide better patient care service. For instance, Dexcom developed the Dexcom G5 mobile continuous glucose monitoring (CGM) device, a mobile system, that sends glucose readings to a compatible smartphone every 5 minutes. In October 2014, the company received the FDA approval for its mobile application Dexcom SHARE, which is used in Dexcom G4 PLATINUM CGM system.
The global patient monitoring equipment market to grow at a CAGR of 8.93% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global patient monitoring equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of patient monitoring equipment.
The market is divided into the following segments based on geography:
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Technavio's report, Global Patient Monitoring Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- GE Healthcare
- Philips Healthcare
- Smiths Medical
Other prominent vendors
- Abbott Laboratories
- Advanced Brain Monitoring
- ATHENA GTX
- AVI Healthcare
- Beijing Carejoy Technology
- Braun & Company
- Briggs Healthcare
- CAS Medical Systems
- CareTaker Medical
- Contec Medical Systems
- Corsens Medical
- Edan Instruments
- Edwards Lifesciences
- Guangdong Biolight Meditech
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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