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Scope of Multiparameter Patient Monitoring system

Scope of Multiparameter Patient Monitoring system

Albany, New York, December 12, 2016: Market Research Hub has highlighted the Multiparameter Patient Monitoring in a new report added to its repository. This report is prepared using data sourced from in-house databases, secondary and primary research by GlobalData’s team of industry experts. The report, titled “United States Multiparameter Patient Monitoring Market Report 2016” highlights Medical Devices sector report, Multiparameter Patient Monitoring provides an overview of Multiparameter Patient Monitoring currently in pipeline stage.

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The report provides comprehensive information on the pipeline products with comparative analysis of the products at various stages of development. The report reviews major players involved in the pipeline product development. It also provides information about clinical trials in progress, which includes trial phase, trial status, trial start and end dates, and, the number of trials for the key Multiparameter Patient Monitoring pipeline products.

According to the latest market research industry multiparameter patient monitoring equipment market is anticipated to witness steady growth and will post a moderate CAGR of close to 5% over the forecast period. The advancements in wireless communication technology and wearable devices for medical telemetry has enhanced the scope for remote patient monitoring. It is now possible to record and transmit digitized vital signs in the form of signals from a device to the computer or hand-held personal digital assistant (PDA) of a healthcare professional instantly, thereby reducing the duration of evaluation and treatment.

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The market has witnessed the development of first-generation monitoring services that seamlessly collect and transmit data within a hospital using wireless local area network like Micropaq. Furthermore, Motiva, a next-generation monitoring equipment, offers disease management through a secure, personalized healthcare communication platform that connects people with chronic disorders at home to their healthcare providers through their TV sets and cable systems for IP access, which is expected to propel this market’s growth prospects in the coming years.

To begin with, the report elaborates the Multiparameter Patient Monitoring Sales Market overview. Various definitions and classification of the industry, applications of the industry and chain structure are given. Present day status of the Multiparameter Patient Monitoring Sales Market in key regions is stated and industry policies and news are analysed.

Next part of the Multiparameter Patient Monitoring Sales Market Industry analysis report speaks about the manufacturing process. The process is analysed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs (material cost, labour cost, etc.) and the actual process.

The top manufacturers of multi-parameter patient monitoring equipment from a global standpoint include GE Healthcare, Philips Healthcare, Nihon Kohden Corporation, Drägerwerk AG & Co. KGaA, and Spacelabs Healthcare.

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