The global patient monitoring and ultrasound devices display market is projected to grow at 5.1% CAGR during the assessment period 2017-2025, according to a latest research added to the repository of Market Research Reports Search Engine (MRRSE). The report titled “Patient Monitoring and Ultrasound Devices Display Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” offers holistic analysis and insights on the market.
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According to the report, the advancement in healthcare technology has led to the proliferation of patient monitoring and ultrasound devices display globally. The demand has been growing at a brisk pace, as hospitals, ambulatory surgical centers, and clinics deploy advanced equipment in their operations. The report projects the global patient monitoring and ultrasound devices display market to surpass US$ 4.6 Bn by the end of 2025.
The report offers region-wise analysis and insights to give readers a detailed understanding on the lucrative and sluggish pockets of opportunity. According to the report, North America, led by strong demand in the US, is likely to continue its dominance as an attractive market for key players. The US has been at the forefront of adoption of new healthcare technologies, and demand for high-quality and touchscreen display devices is growing at a brisk pace in the region.
In addition to North America, Europe is another lucrative market for patient monitoring and ultrasound devices display market. The demand for these display devices in Europe is concentrated in Western Europe, specifically EU5. High emphasis on improving the healthcare system, combined with rising awareness on the benefits of these systems is likely to provide an impetus to the growth of the market in Europe.
Asia Pacific’s emergence on the global healthcare map has been phenomenal, and many countries in the region are positioning themselves as medical tourism hubs. Governments in many countries in Asia Pacific are investing in healthcare equipment, as a result of which demand for patient monitoring and ultrasound devices display has witnessed an increase. The report projects Asia Pacific patient monitoring and ultrasound devices display market to grow at the highest CAGR during the assessment period.
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The report also includes a detailed competition analysis section that offers insights on the key product and business strategies of key players. This section can be beneficial for readers looking for insights on the strategies of existing players. New market entrants can analyze the prevailing situation in the market, and alter their strategies accordingly. Some of the leading players in the market include Philips Healthcare, Barco NV, Toshiba Medical Systems Corporation (TMSC), Shimadzu Corporation, Cook Medical, Shanghai United Imaging Healthcare Co Ltd., China Medical Equipment Co Ltd., EZISURG MEDICAL, Carestream Health, Hitachi Medical Corporation, Hologic, Inc., Beijing JingJing Medical Equipment Co Ltd, Medtronic, Inc., Shanghai Fosun Long March Medical Science Co Ltd, Lifetech Scientific Corporation, Esaote SpA, and Beijing Leadman Biochemistry Ltd.
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