How Patient Monitoring Devices Market Players have Encountered Temporary Covid-19 Tailwinds; Worth Watching New Growth Cycle

Patient Monitoring Devices Market Latest Edition Published with Forecast to 2027


The article cited AMA's "North America Patient Monitoring Devices Market Study" explored substantial growth in North America and CAGR of 6.4%. According to the report, Growing Preference for Home and Remote Monitoring is one of the primary growth factors for the market. Availability of Wireless Monitoring Devices is also expected to contribute significantly to the Patient Monitoring Devices market. Overall, Cardiology applications of Patient Monitoring Devices, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User, such as Home Healthcare, is boosting the Patient Monitoring Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the North America Patient Monitoring Devices market identified that the demand is rising in many different parts of the world as "Increasing Demand for Patient Monitoring Devices in Non-Hospital Settings ". Furthermore, some recent industry insights like "On 6th May 2019, Abbott has launched a new, smarter heart monitor for better arrhythmia detection—positive news for people at risk for irregular heartbeats. Now with CE Mark in Europe and U.S. Food and Drug Administration (FDA) clearance, the next-generation Confirm Rx™ insertable cardiac monitor (ICM), a paperclip-sized implantable device, combines smartphone connectivity and continuous, remote monitoring to track unpredictable heart rhythm problems for fast and accurate diagnosis." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the North America Patient Monitoring Devices market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Patient Monitoring Devices market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Patient Monitoring Devices market size is calculated using market estimation process, the Patient Monitoring Devices market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the North America Patient Monitoring Devices market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager