Condition Monitoring Device Market, by Product Type (Blood Pressure Monitors, Glucometers, Pulse Oximeters, ECG Monitors, Cold Chain System, and Others), by Application (Patient Monitoring and Cold Chain Logistics), by End User (Hospitals, Homecare Settings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jun 2022

Code : CMI4938

Pages :306

Formats :

Excel and PDF

Industry : Medical Devices

Leading Companies

The increasing adoption of business development strategies such as collaboration, agreement, and acquisition by key market players is anticipated to drive the global condition monitoring device market growth during the forecast period.

The market players are engaged in business development strategies, which is expected to boost the growth of the condition monitoring device market over the forecast period. For instance, in January 2022, MedSys Health, a South Florida-based start-up revolutionizing virtual care, entered in a collaboration with FirstNet a provider of reliable and interoperable network for simplifying and expanding remote patient monitoring (RPM) solutions for high-risk patients. MedSys Health provides end-to-end virtual care platforms including telemedicine, RPM, and patient engagement solutions. The company’s RPM solution helps in monitoring various conditions such as hypertension, heart disease, diabetes, and other respiratory diseases. MedSys Health is adding smartphones from AT&T embedded with FirstNet’s IoT SIMs to its remote patient monitoring kits. The kits contain one or more monitoring devices such as glucometers, pulse oximeters, blood pressure monitors, respiratory monitors, and others.

Key Players

Major players operating in the global condition monitoring device market include General Electric Company, Koninklijke Philips N.V., Nihon Kohden Corporation, Hoffmann-La Roche Ltd, Braun Melsungen AG, Abbott, Masimo, Smiths Medical, 1byone, Inc., B Medical Systems, IndoSurgicals Pvt. Ltd., Biomedhelix (Pty) Ltd., and Thermofisher Scientific Inc.