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Market Overview:The report published by Market Research Future (MRFR), the non-invasive monitoring device market can anticipate a growth by 6.8% CAGR during the forecast period (2017-2023). In the process, the non-invasive monitoring device market can exceed a valuation of USD 21,586.18 million. Non-invasive monitoring devices are finding it easier to impact intensive care units.
Need for diagnostic and monitoring devices for a better and efficient service can spur the non-invasive monitoring device market growth during the forecast period. Among them, the cardiovascular segment can provide much thrust to the market. But the market can see some restraints as the accuracy of the measurement is still not perfect. However, it can be challenged in the near future by the continually developing instruments.
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Non-Invasive Monitoring Device Market -Segmental Analysis:
• By type, the market is segmented into cardiac monitoring devices, brain monitoring devices, blood pressure monitoring devices, anesthesia monitoring devices, blood glucose monitoring devices, and others.
• By modality, the market has been segmented into table top devices and wearable devices. Among these, the table top devices segment dominated the global market in 2016
• By application, the market is segmented into cardiology, neurology, oncology, and others.
• By end user, the market has been segmented into hospitals & clinics, diagnostic centers, research & academic institutes.
Intended Audience
• Medical device manufacturers and distributors
• Government research organizations
• Hospitals and clinics
• Regulatory agencies
• Pharmaceutical companies
Market for Non-Invasive Monitoring Device-Competitive Dashboard:
Major companies profiled in the non-invasive monitoring device market report made by MRFR are Medtronic Plc, General Electric Company, Abbott, Omron Corporation, KONINKLIJKE PHILIPS N. V., Vaso Corporation, Integrity Applications, CNSystems Medizintechnik AG, CAS Medical Systems, Inc., A & D Medical Inc., Tensys Medical Inc., NIMedical, OrSense Ltd., and Advanced Brain Monitoring, Inc.
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Regional Outlook:
Region-specific analysis of the global non-invasive monitoring device market leads to Asia Pacific (APAC), the Americas, Europe, and the Middle East & Africa (MEA).
Americas currently holds a substantial share of the market.The growth is attributable to the growing prevalence of cardiovascular diseases, technological advancement in non-invasive monitoring segment, the presence of major manufacturers, rising awareness among the population and high disposable income.
In the global market Europe is an important growth pocket and is poised to remain highly lucrative through the assessment period. The factors such as improving economies, disposable income per individual, increased healthcare spending, and governmental support for research and development (R&D) activities have responsible for favoring the proliferation of the market in the region. The Middle East and Africa market is projected to exhibit growth but a sluggish pace in the foreseeable future.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact Info:
Name: AKASH ANAND
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Organization: Market Research Future
Address: amanora chambers, pune
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/non-invasive-monitoring-device-market-1506
Release ID: 88917796
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