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Patient Monitoring Solutions Market

North America dominates the market owing to the rising geriatric population, rising demand for wireless and portable systems, launch of innovative products, presence of sophisticated reimbursement structures, and huge threat of coronavirus will positively impact the patient monitoring solutions market in the region.

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Patient Monitoring Solutions Market

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  1. Global Patient Monitoring Solutions Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Patient Monitoring Solutions Market The global patient monitoring solutions market is expected to witness a CAGR of 7.8% during the forecast period. The patient monitoring solutions market is growing during the forecast period owing to the increasing burden of chronic diseases, changes in the lifestyle, increasing geriatric population, rising preference for home and remote monitoring, and convenience in using portability devices. Owing to collaboration between companies, hospitals, and academic institutes will provide the launch of new and innovative products, resulting in contribution towards and propels the market growth. However, the market is faced with certain challenges i.e., high technology cost, the risk involved in operating monitoring devices, lack of security of patient’s data, and information regarding health safety concerns. Nevertheless, rising demand for monitoring devices in non-hospital settings and rising investment in healthcare IT are promising opportunities in the global patient monitoring solutions market.

  4. Global Patient Monitoring Solutions Market The COVID-19 outbreak has put a burden on the healthcare system and hospitals as they were understaffed and overworked. The patient monitoring devices are witnessing significant growth during the COVID crisis. Furthermore, patient monitoring devices like ventilators are used in monitoring the critically ill COVID-19 patients, resulting in the growth of the patient monitoring solutions market. Boston Scientific Corporation agreed to acquire Preventice Solutions, Inc., a privately held company offering remote and wearable cardiac monitors for adults and pediatric patients. The acquisition will establish a strong footprint of Boston Scientific Corporation in the implantable cardiac monitor market.

  5. Global Patient Monitoring Solutions Market Based on end-user, the global patient monitoring solutions market is segregated into hospitals & clinics, home settings, ambulatory surgical centers (ASCs), and others. The hospital segment is anticipated to hold the largest share during the forecast period 2021-2027 owing to the increasing focus on diagnosis, treatment, and providing care to the patients accurately and continuously. Moreover, with rising procedural volumes, increasing surgical facilities, hospitals are the safest treatment place owing to the availability and innovation in the latest technologies, resulting in the growth of the global patient monitoring solutions market. North America dominates the market owing to the rising geriatric population, rising demand for wireless and portable systems, launch of innovative products, presence of sophisticated reimbursement structures, and huge threat of coronavirus will positively impact the patient monitoring solutions market in the region. Some of the major players in the global patient monitoring solutions market include Medtronic, GENERAL ELECTRIC, Koninklijke Philips N.V., Abbott, Johnson & Johnson Services, Inc., F. Hoffmann-La Roche Ltd, Boston Scientific Corporation, Edwards Lifesciences Corporation, OMRON Corporation, and Getinge AB.

  6. For Sample Report :- https://www.vynzresearch.com/healthcare/patient-monitoring-solutions-market/request-sample www.vynzresearch.com

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