The extensive applicability of multiparameter patient monitoring devices is mostly observed in the area of cardiology. High incidence of chronic diseases such as cardiovascular anomalies, chronic obstructive pulmonary disease, and diabetes is a key factor that drives the global multiparameter patient monitoring devices market.
Albany, NY -- (SBWIRE) -- 09/09/2015 -- Market Research Reports Search Engine (MRRSE) has announced the addition of a new research report to its growing collection. The new report discusses the multiparameter patient monitoring devices market in Europe. The report focuses on the five major economies in Western Europe – the UK, France, Germany, Spain, and Italy – to provide an accurate snapshot of the Europe market for multiparameter patient monitoring devices. The new report, authored by GBI Research, is titled 'Market Digest: Multiparameter Patient Monitoring Devices 2006 to 2020 - Europe (Germany, France, Italy, UK and Spain) ' and details historical statistics regarding the European multiparameter patient monitoring devices. It then examines the trends shaping the dynamics of the multiparameter patient monitoring devices market in Europe and bases future market forecasts on the same.
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The multiparameter patient monitoring devices market , marked by a large number of collaborative efforts, including mergers and acquisitions, is led by Philips Healthcare, Mindray Medical, GE Healthcare, OSI Systems, etc. The report emphasizes upon the need to increase marketing activities and technological innovation in order to claim a sizeable stake in the market. On those lines, the report profiles the recent innovation of BeneHeart R3, a new ECG device developed by Mindray Medical. Information about the competitive landscape of the market and the breakup of the market between the major players helps stakeholder form informed strategies to exploit available niches in the market.
The report zooms in on the lack of sufficient investment in the market as the major restraint acting upon the multiparameter patient monitoring devices market. This factor has even overturned the benefits offered by the constant technological innovation and research happening in the field.
The report segments the Europe multiparameter patient monitoring devices market by product type and geography. The three main types of multiparameter patient monitoring devices are high acuity devices, mid acuity, and low acuity devices. Within the segment of high acuity devices, the subcategories of perioperative monitors, critical care monitors, and MRI-compatible monitors. Within mid acuity devices, the segments of emergency devices and post-anesthesia care devices are formed.
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The report presents in-depth data about the major national markets in the multiparameter patient monitoring devices market in Europe: Germany, the UK, France, Italy, and Spain. The report presents historical data charting the progress of the market in each country from 2006 to 2013 and forecasts for the market's potential growth from 2013 to 2020. Data regarding revenue and volume sales achieved by each of the three product types of multiparameter patient monitoring devices in each national market is presented in the report, for a comprehensive understanding of the market dynamics in each major market.
The report is compiled with the help of primary and secondary research and a distinct panel detailing the opinions of experienced market experts about the potential growth trajectory and the factors governing it in the forecast period.
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