Physiological Monitors Market 2023-2028: Latest Trends, Recent Developments, Growth Strategy and Major Players

Market Insights and Analysis: Physiological Monitors Market Overview and Projections (2023-2028)

The Global Physiological Monitors Market size was valued at USD 41.11 Billion in 2022 and is projected to grow at a CAGR of around 6.87% during the forecast period, i.e., 2023-28.

Top leading companies in the Physiological Monitors Market includes:

Honeywell International Inc., A&D Company Limited, Panasonic Holdings Corporation, Boston Scientific Corporation, Abbott Laboratories, Medtronic Plc, General Electric, OMRON Healthcare Co., Ltd, Koninklijke Philips N.V.

Recent Developments:

• In May 2023, Abbott, headquartered in Abbott Park, Illinois, declared that its Assert-IQ™ insertable cardiac monitor (ICM) had been granted clearance by the U.S. Food and Drug Administration (FDA), giving physicians a renewed choice for diagnosing and continuously monitoring individuals with irregular heartbeats. This approval expands Abbott’s range of connected health devices, enabling doctors to remotely handle & care for their patients.

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Report Segmentation:

The market is categorized into the following segments in the report:

By Product

-Hemodynamic Monitoring Devices

-Neuromonitoring Devices

-Cardiac Monitoring Devices

-Fetal and Neonatal Monitoring Devices

-Respiratory Monitoring Devices

By Application

-Cardiology

-Neurology

-Respiratory

-Fetal and Neonatal

-Weight Management

• Cardiology garnered the highest share of the Global Physiological Monitors Market in 2022.

By End User

-Hospitals and Clinics

-Home Settings

-Ambulatory Surgical Centers

-Others

By Company

-Revenue Shares

-Competition Characteristics

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Physiological Monitors Market Geographic Reach:

The Geographic Reach of the Physiological Monitors Market evaluates the spread and significance of Physiological Monitors market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

• North America: US, Canada, Mexico
• Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
• Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
• South America: Brazil, Argentina, Rest of South America
• Middle East & Africa: UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of the Middle East & Africa

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