Hemodynamic Monitoring Systems Market 2020 Global Analysis, Trends, Forecast up to 2030
Market Industry Reports (MIR) has published a new report titled “Hemodynamic Monitoring Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global hemodynamic monitoring systems market was estimated to be over US$ 910million in 2019. It is anticipated to grow at a CAGR 6.2% from 2020 to 2030.
The growth of hemodynamic monitoring systems market can be majorly attributed to rising geriatric population. According to Population Reference Bureau, in 2018 the number of Americans of age group 65 & older was around 52 million. This number is projected to reach nearly 95 million by 2060. Geriatric population is associated with several age-related anatomic, physiologic and metabolic changes hence there is an inherent risk of morbidity and mortality during surgeries among such patients. Hence, it is highly important to closely monitor the patient’s cardiovascular and hemodynamic condition to avoid any postoperative complications.
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However, the high cost of patient monitoring devices, discourages there adoption in small healthcare facilities. Moreover, lack of skilled professionals is another factor that is likely to restrain the growth of hemodynamic monitoring systems market to a certain extent.
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Asia Pacific is expected to witness highest CAGR in hemodynamic monitoring systems market over the forecast period. Increasing incidence of cardiovascular diseases such as coronary heart disease, stokes, hypertension and heart failure can be primarily attributed to the market growth in this region. Moreover, favorable reimbursement coverage for several cardiac procedures in selected APAC countries and improving healthcare facilities propel the market growth in this region.
Table of Contents
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Market Classification
- Geographic Scope
- Years Considered for the Study
- Historical Years – 2016 & 2017
- Base Year – 2018
- Forecasted Years – 2019 to 2030
- Currency Used for the Study
- Report Beneficiary List
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottoms Up Approach
- Top Down Approach
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