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Pressure Monitoring Devices Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR45164
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The pressure monitoring devices market size has the potential to grow by USD 3.28 billion during 2020-2024. However, the market’s growth momentum will decelerate during the forecast period.

This report provides a detailed analysis of the market by product (pulmonary pressure monitoring devices, BP monitoring devices, and ICP monitoring devices), geography (North America, Europe, APAC, and ROW), and end-user (hospitals, ASCs, and others). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including A&D Co. Ltd., Beurer GmbH, Dragerwerk AG & Co. KGaA, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, Gaeltec Device Ltd., General Electric Co., Hill-Rom Holdings Inc., Koninklijke Philips NV, Medtronic Plc, and Rudolf Riester GmbH.

Market Overview

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Market Competitive Analysis

The market is fragmented. A&D Co. Ltd., Beurer GmbH, Dragerwerk AG & Co. KGaA, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, Gaeltec Device Ltd., General Electric Co., Hill-Rom Holdings Inc., Koninklijke Philips NV, Medtronic Plc, and Rudolf Riester GmbH are some of the major market participants. Factors such as advances in technology will offer immense growth opportunities. However, high cost of intracranial pressure monitoring devices may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this pressure monitoring devices market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this pressure monitoring devices market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • A&D Co. Ltd.
  • Beurer GmbH
  • Dragerwerk AG & Co. KGaA
  • ERKA. Kallmeyer Medizintechnik GmbH & Co. KG
  • Gaeltec Device Ltd.
  • General Electric Co.
  • Hill-Rom Holdings Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • Rudolf Riester GmbH

 

Pressure Monitoring Devices Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The growing prevalence of chronic diseases will significantly influence the pressure monitoring devices market's growth in this region.

37% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for pressure monitoring devices in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the pressure monitoring devices market size.

Pressure Monitoring Devices Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive pressure monitoring devices market growth during the next five years
  • Precise estimation of the pressure monitoring devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pressure monitoring devices industry across North America, Europe, APAC, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pressure monitoring devices market vendors

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Pressure Monitoring Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Decelerate at a CAGR of 9%

Market growth 2020-2024

$ 3.28 billion

Market structure

Fragmented

YoY growth (%)

12.70

Regional analysis

North America, Europe, APAC, and ROW

Performing market contribution

North America at 37%

Key consumer countries

US, Germany, Mexico, Canada, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A&D Co. Ltd., Beurer GmbH, Dragerwerk AG & Co. KGaA, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, Gaeltec Device Ltd., General Electric Co., Hill-Rom Holdings Inc., Koninklijke Philips NV, Medtronic Plc, and Rudolf Riester GmbH

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five force summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Pulmonary pressure monitoring devices - Market size and forecast 2019-2024
    • BP monitoring devices - Market size and forecast 2019-2024
    • ICP monitoring devices - Market size and forecast 2019-2024
    • Market opportunity by Product

    Market Segmentation by End-user

    • Hospitals
    • ASCs
    • Others

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • APAC - Market size and forecast 2019-2024
      • ROW - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • A&D Co. Ltd.
      • Beurer GmbH
      • Dragerwerk AG & Co. KGaA
      • ERKA. Kallmeyer Medizintechnik GmbH & Co. KG
      • Gaeltec Device Ltd.
      • General Electric Co.
      • Hill-Rom Holdings Inc.
      • Koninklijke Philips NV
      • Medtronic Plc
      • Rudolf Riester GmbH

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The pressure monitoring devices market growth will increase by $3280.00 million during 2019-2024.
      The pressure monitoring devices market is expected to grow at a CAGR of 8.76% during 2019-2024.
      Technavio has segmented the pressure monitoring devices market by product (Pulmonary pressure monitoring devices, BP monitoring devices, and ICP monitoring devices) and geographic (North America, Europe, APAC, and ROW).
      A&D Co. Ltd., Beurer GmbH, Dragerwerk AG & Co. KGaA, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, Gaeltec Device Ltd., General Electric Co., Hill-Rom Holdings Inc., Koninklijke Philips NV, Medtronic Plc, Rudolf Riester GmbH are a few of the key vendors in the pressure monitoring devices market.
      North America will register the highest growth rate of 36.80% among the other regions. Therefore, the pressure monitoring devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the pressure monitoring devices market growth are:
      • Advances in technology
      The pressure monitoring devices market vendors should focus on grabbing business opportunities from the pulmonary pressure monitoring devices segment as it accounted for the largest market share in the base year.
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