The demand for mobile continuous patient monitor market witnessed an incredible rise in 2024 due to rising investments by the government in highly advanced, equipped and upgraded mobile monitoring devices to track patients from home without clinical visits for their safety due to the spread of Covid-19 pandemic. In 2024, further researches are getting conducted to bring continuous developments in this market.
Shifting focus from cinical visits to health tracking from home for avoiding unnecssary spread of Covid-19 in 2024 is adding immense progress to this market.
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At present, mobile patient monitors are allowing the physicians and hospitals to monitor patients outside the conventional clinic settings where the technology can provide 24/7 data sharing between patients and physicians. 24/7 data tracking and patient monitoring is acting as a major trend adding remunerative progress to this market in 2024.
Over 88 percent of hospitals and clinics in 2024 are making investments in mobile patient monitors for making a better connection between hospitals and patients .
The potential to reduce the need for clinical visits which acts as a substantial burden for the patients with limited mobility continues to drive the demand in 2024. Cyber attacks usually poses a threat to patient’s data securities making some users reluctant to prefer mobile patient monitors. To overcome the confidentiality and privacy issues, manufacturers in 2024 introduced smart patient monitors with high security controls and access restrictions to protect patient’s useful data. Masimo and Medtronic are among the key players involved in innovative launches in 2024.
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Mobile continuous patient monitors makes the advantage of mobile and wireless computing technologies for periodic and continuous measurement of health for patients. Mobile continuous patient monitors are user friendly effective and convenient for both healthcare professionals and patients. With the development of Mobile continuous patient monitors mobile health or E- health has emerged. Some of the bio signals which are measured by Mobile continuous patient monitors are Electro Encephalo Gram (EEG), Heart Rate Variability (HRV), and blood pressure. The manufacturers provide patient information and associate teams across care settings. Mobile continuous patient monitors facilitate diagnosis and provide prompt interventions. These factors are responsible for the growth of Mobile continuous patient monitors in the future
Mobile continuous patient monitors market: Drivers and Restraints
Increasing chronic diseases and heart diseases lead to decreased productivity, and high health care costs. In many countries heart diseases is costly, also diabetes approximately accounts for 15% of the healthcare budgets. With the mobile continuous patient monitoring technology, devices should be used to reduce the cost of health sectors.
The Mobile continuous patient monitors enhance and evaluate by monitoring the patients by continuously assessing the signs and symptoms of disease and analyzing with self-management programs to further prevent the chronic diseases. These devices are used at home and in hospitals which provide comfort to the patients and hospital staff. Any fluctuations in the device leads to the timely access to health information to the doctors. These factors are driving the Mobile continuous patient monitors market. Also the mobile continuous patient monitors reduce travelling and physical presence of patients in urban health centers in remote areas. These mobile continuous patient monitors’ help in coordinating between health care professionals.
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However there are challenges associated with the technology advancements such as technology acceptance and risks of confidentiality, administrative barriers and costs of maintenance and implementations. Also with the Mobile continuous patient monitors the face to face interaction between doctors and patients. Also the mobile continuous patients monitors causes medical errors and negative effects on care outcomes
Mobile continuous patient monitors market: Key Players
Examples of some of the major players identified in the global Mobile continuous patient monitors market are OSI Systems, Inc, Schiller, Huntleigh Healthcare Limited., HEYER Medical AG, Radiometer Medical ApS, Masimo., myErka, Kalamed Medical Systems, Nihon Kohden Corporation, Koninklijke Philips, CNSystems Medizintechnik GmbH., ELCAT, Promed Group Co., Ltd., Trimpeks among others. The manufacturers are involved in partnerships for R&D in order to exploit maximum potential. Also, they are majorly focusing on strengthening the core skills of their product portfolio. The manufacturers are reviewing and making efforts by increasing the monitoring the conditions of the patients with Mobile continuous patient monitors market.
Mobile continuous patient monitors Market: Segmentation
Tentatively, the global Mobile continuous patient monitors market can be segmented on the basis of product type, indications, End Users and geography.
Based on types of product, the global Mobile continuous patient monitors Market is segmented as:
- Portable and Compact
- Floor Standing
Based on Indications, the global Mobile continuous patient monitors Market is segmented as:
- ECG
- Blood Pressure
- Temperature
- Hemoglobin
Based on end users, the global Mobile continuous patient monitors Market is segmented as:
- Intensive Care
- Ambulatory surgical centers
- Hospitals
- Home care settings
Based on Region, the global Mobile continuous patient monitors Market is segmented as:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan and China
- China
- Japan
- Middle East & Africa
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