Hemodynamic Monitoring Systems Market is valued at USD 1360.8 Million in 2021 and expected to reach USD 2107.7 Million by 2028 with the CAGR of 6.45% over the forecast period.
Global Hemodynamic Monitoring Systems Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing prevalence of cardiovascular diseases, rising demand for non-invasive monitoring system and technological advancements are some of the major factors driving the growth of Global Hemodynamic Monitoring Systems Market.
Hemodynamic monitoring system are used to monitor the movements and pressure of blood flow of blood vessels during heart contraction and relaxation is called. It is used for the close observation of the functions of the cardiovascular system and circulatory status of critically ill patients. It includes measuring and interpreting intravascular pressure, oxygenation, and blood flow within the circulatory system. It is majorly used to maintain adequate perfusion of the internal organs and early identification of preventable complications and life-threatening conditions such as heart failure.
The covid-19 pandemic has also impacted the growth of the global hemodynamic monitoring system market as hemodynamic monitoring system is used for serious covid patients to monitor blood pressure, oxygen levels and fluid. Thus, demand for intensive care unit devices such as hemodynamic monitoring systems has been increased during pandemic.
The global hemodynamic monitoring systems market is segmented on the basis of the type, product, end-users and region & country level. On the basis of type, the global hemodynamic monitoring systems market is segmented into invasive hemodynamic monitoring systems, minimal-invasive hemodynamic monitoring systems, non-invasive hemodynamic monitoring systems. On the basis of product, the market is segmented into disposables, and monitors. On the basis of end users, the market is segmented into hospitals, cath labs, ambulatory care settings, home-based care settings and others.
The regions covered in the global hemodynamic monitoring systems market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. On the basis of country level, the market of global hemodynamic monitoring system market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Some major key players for the global hemodynamic monitoring systems market are Cheetah medical Inc., ICU medical Schwarzer Cardiotek GmbH, Edwards Lifesciences Corporation, General Electric Company, Tensys medical, Cheetah medical Inc., ICU medical, Koninklijke Philips N.V. Abbott Laboratories, Deltex medical group, LiDCo Group and others.
Report Analysis | Details |
---|---|
Historical data | 2018 - 2021 |
Forecast Period | 2022 - 2028 |
Market Size in 2021: | USD 1360.8 Million |
Base year considered | 2020 |
Forecast Period CAGR %: |
6.45 % |
Market Size Expected in 2028: | USD 2107.7 Million |
Tables, Charts & Figures: | 175 |
Pages | 200 |
Hemodynamic Monitoring Systems Comapnies | Cheetah medical Inc., ICU medical Schwarzer Cardiotek GmbH, Edwards Lifesciences Corporation, General Electric Company, Tensys medical, Cheetah medical Inc., ICU medical, Koninklijke Philips N.V. Abbott Laboratories, Deltex medical group, LiDCo Group and others. |
Segments Covered | By Type, By Product, By End-User |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
News-
Edwards Received Clearance for Hypotension Prediction Index Software for Noninvasive Acumen IQ Cuff
On June 1st, 2021; The U.S. Food and Drug Administration approved Edwards Lifesciences Acumen Hypotension Prediction Index (HPI) software with the Acumen IQ finger cuff. For the patients with low blood pressure or hypertension Acumen HPI software is used which is the first noninvasive solution. Patients using invasive arterial line can use Acumen HPI software it provides access to automatically calculated, beat-to-beat hemodynamic parameters including mean arterial pressure and cardiac output.
Increasing Prevalence of Cardiovascular Diseases, Rising Demand for Non-Invasive Monitoring System and Technological Advancements are Some of the Major Factors Driving the Growth of Global Hemodynamic Monitoring Systems Market
One of the major factors driving the growth of the global hemodynamic monitoring systems is increasing prevalence of cardiovascular diseases. In cardiac surgery, hemodynamic monitoring systems are used for continuous monitoring of the blood movements and pressure exerted on the veins, chambers, and arteries of the heart. Thus, increasing number of cardiovascular diseases will increase the demand for hemodynamic monitoring systems. For instance; as per World Health Organizations (WHO); cardiovascular diseases (CVDs) are the foremost cause of death globally, taking an estimated 17.9 million lives each year. In addition, the rising demand for non-invasive monitoring system is boosting the market growth as hemodynamic monitoring systems are less expensive and are safe alternative for patients who need more in-depth monitoring of their hemodynamic status. Moreover, their use with time will be more widespread as the awareness increases which is expected to propel the growth of market.
Moreover, the growing technological advancements in the this field are also supplementing the growth of the market. Technological advancements in hemodynamic systems and new product launches and approvals are further augumenting the market growth. For instance; U.S Food and Drug Administration approved clearance for Edwards Lifesciences Corporations advanced monitoring system in April 2017.
However, a bleeding and sepsis risk associated with invasive hemodynamic monitoring may hinder the market growth. In spite of this, research and advancements in this field may offer more opportunities for the further growth of the global hemodynamic monitoring systems market.
North America is Expected to Dominate the Global Hemodynamic Monitoring Systems Market
North America is expected to dominate the global hemodynamic monitoring systems market due to increasing prevalence of cardiovascular diseases, rising geriatric population and sedentary lifestyle in this region. For instance; as per Center for Disease Control and Prevention CDC; nearby 659,000 people in the United States die from heart disease each year. In addition, rising geriatric population also contributing to the increasing market growth as old people are more prone to cardiovascular diseases. For instance; over 50 million senior citizens live in the U.S., making up 16.5% of the total population as per the U.S. Census Bureau’s latest estimates. And, sedentary lifestyle is also expected to drive market growth as due to limited physical activities people the heart diseases are increasing which will also supplement the market growth in this region.
Asia Pacific is expected to show a fastest growth in the global hemodynamic monitoring systems market due to increasing cardiovascular diseases, rising demand for home-based and non-invasive monitoring systems and growing technological advancements in this region. For instance; as per National Library of Medicine (NIH); cardiovascular diseases are leading cause of death in India and can cause 17.7 million deaths every year. In addition, demand of noninvasive monitoring systems has increased as advances in software are developing.
By Type
By Product
By End-User
By Region Analysis
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
By Type
By Product
By End-User
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