Global Hemodynamic Monitoring Market to Expand at 6.44% CAGR between 2016 and 2020

Published Date : May 29, 2017

ALBANY, New York, May 29, 2017: A new research report on the global market for hemodynamics monitoring has recently been added to the repository of The study, titled “Global Hemodynamic Monitoring Market 2016-2020,” offers an exhaustive assessment of this market, focusing specifically on the key trends, driving forces, limiting factors, growth prospects, and the market’s future potential.

According to the research study, the increasing usage of hemodynamic monitoring systems in the treatment of various diseases and in critical care is boosting the market for hemodynamic monitoring across the world. Researchers expect this market to remain expanding steadily at a CAGR of 6.44% during the period from 2016 to 2020, reports the study. 

The report analyzes the global market for hemodynamic monitoring on the basis of the product and the region. Based on the product, the market has been classified into hemodynamic monitoring systems and hemodynamic monitoring consumables. In 2015, the demand for hemodynamic monitoring consumables led the global market with a share of nearly 74%. Researchers expect the scenario to remain so over the forecast period, thanks to the substantial rise in the demand for catheters and sensors, fueled by a significant rise in the number of major surgeries, states the research report. 

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In terms of the geography, the report has classified the worldwide market for hemodynamic monitoring into the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA). The Americas led the global market in 2015, accounting for more than 45%. The regional market is likely to continue on the top over the forecast period. The remarkable rise in the number of medical facilities, such as hospitals and ambulatory surgical centers, which are readily adopting hemodynamic monitoring systems and consumables for the efficient monitoring of individuals with life-threatening conditions, are likely to propel the Americas market for hemodynamic monitoring in the near future, states the research report. 

As per the research report, the global market for hemodynamic monitoring is highly competitive due to the presence of a number of small and large suppliers. The leading players, namely, Edwards Lifesciences, LiDCO, PULSION Medical Systems, and ICU Medical, are focusing aggressively on expanding their product portfolios. The advancements in technology, and the reduction in the average selling prices are resulting in intense competition between vendors, which is likely to intensify further with large vendors occupying small manufacturers to strengthen their presence in the global market. 

Other prominent market players mentioned in this research report are Cheetah Medical, FUJIFILM SonoSite, Deltex Medical Group, GE Healthcare, Tensys Medical, Nihon Kohden, Mindray, NImedical, Osypka Medical, Noninvasive Medical Technologies, Philips Healthcare, and Uscom. 

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