Monitoring patients, if possible round-the-clock, is one necessary part of treatment. Such steps help in maintaining constant care of the patients. With growing technological assistance in the segment, people are now opting for various monitoring devices that are non-invasive. This provides easy operational technique, regular check-up, better initiation of preventive measures, and others. However, invasive and minimally-invasive monitoring devices have substantial market presence as well. But the non-invasive ones are gaining prominence. The global non-invasive monitoring devices market can inspire a growth by 6.80% CAGR over the review period of 2014 to 2023 with Market Research Future (MRFR) claiming that the move may take the global market forward and enable it to cross a valuation of USD 21,586.2 million by the end of the forecast period.
By type, Non-invasive Glucose Monitoring Devices Market covers anesthesia monitoring devices, cardiac monitoring devices (electrocardiography & cardiac output monitors), blood pressure monitoring devices, brain monitoring devices, and blood glucose monitoring devices.
By modality, the market for non-invasive monitoring device includes table-top devices and wearable devices.
By application, the non-invasive monitoring device market includes neurology, cardiology, and oncology.
By end-user, the market segmentation includes diagnostic centers, hospital & clinics, and research & academic institutes. The hospitals & clinics segment had a valuation of USD 5457.4 million in 2016.
List of Figures
FIGURE 1 GLOBAL NON-INVASIVE MONITORING DEVICE MARKET, 2014 TO 2023 (USD MILLION)
FIGURE 2 GLOBAL NON-INVASIVE MONITORING DEVICE MARKET SHARE BY TYPE, 2016 (%)
FIGURE 3 GLOBAL NON-INVASIVE MONITORING DEVICE MARKET SHARE BY MODALITY, 2016 (%)
FIGURE 4 GLOBAL NON-INVASIVE MONITORING DEVICE MARKET SHARE BY APPLICATION, 2016(%)
FIGURE 5 GLOBAL NON-INVASIVE MONITORING DEVICE MARKET SHARE BY END USER, 2016 (%)
The Americas and Europe are regions that have the potential to take the global non-invasive monitoring device market ahead as their technological prowess is expected to make sure that the market moves ahead at a substantial pace. Investment in the market are also flowing in substantially to make sure that the growth flows forward uninterrupted. The market is further getting bolstered by high per capita income.
The APAC market is having a strong growth due to continuous investment made by emerging economies like China, India, Japan, and others. These countries are assisting in expanding the market as rise in per capita income of the middle class that includes a massive population is impacting the market.
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