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    Non-Invasive Monitoring Device Market

    ID: MRFR/MED/0977-CR
    204 Pages
    Kinjoll Dey
    August 2019

    Non-Invasive Monitoring Device Market Research Report Information by Type (Cardiac Monitoring Devices, Brain Monitoring Devices, Blood Pressure Monitoring Devices, Anesthesia Monitoring Devices and Blood Glucose Monitoring Devices), Modality (Table-Top Devices and Wearable Devices), Application (Cardiology, Neurology and Oncology), End User (Hospitals & Clinics, Diagnostic Centers, Research & Academic Institutes) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2032

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    Non-Invasive Monitoring Device Market Research Report - Forecast till 2032 Infographic
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    Table of Contents

    Non-Invasive Monitoring Device Market Summary

    As per Market Research Future Analysis, the Non-Invasive Monitoring Device market is projected to reach USD 2.1 Billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032. The market is driven by the increasing demand for patient monitoring solutions that do not require penetration into the body, making them safer and more user-friendly. Key applications include pulse oximetry, blood pressure measurement, and continuous glucose monitoring, particularly for diabetes management. The COVID-19 pandemic has further accelerated the demand for these devices, especially in critical care settings. North America holds the largest market share, driven by high diabetes prevalence and technological adoption.

    Key Market Trends & Highlights

    The Non-Invasive Monitoring Device market is experiencing significant growth due to technological advancements and rising health awareness.

    • Market value is expected to reach USD 21,586.2 Million by 2032.
    • The non-invasive monitoring device market growth is estimated at 6.80%.
    • North America is the largest market, driven by high diabetes rates and medical device expenditure.
    • Asia Pacific is the fastest-growing region, propelled by increasing diabetes prevalence.

    Market Size & Forecast

    Market Size USD 2.1 Billion by 2032
    CAGR 5.1% from 2023 to 2032
    Largest Regional Market North America
    Growth Rate 6.80%.

    Major Players

    Key players include Advanced Brain Monitoring, General Electric Medical, Medtronic, Philips, and Abbott.

    Non-Invasive Monitoring Device Market Trends

    The Global Non-Invasive Monitoring Device Market is poised for substantial growth as healthcare providers increasingly prioritize patient comfort and safety, driving innovation in monitoring technologies.

    U.S. Food and Drug Administration (FDA)

    Non-Invasive Monitoring Device Market Drivers

    Growing Aging Population

    The Global Non-Invasive Monitoring Device Market Industry is also propelled by the growing aging population, which is more susceptible to various health issues. As individuals age, the need for regular health monitoring becomes paramount. Non-invasive devices offer a practical solution, allowing elderly patients to manage their health without invasive procedures. This demographic shift is expected to drive market growth as healthcare systems adapt to cater to the needs of older adults. The increasing demand for user-friendly and effective monitoring solutions aligns with the projected CAGR of 8.39% from 2025 to 2035, indicating robust market potential.

    Market Growth Projections

    The Global Non-Invasive Monitoring Device Market Industry is projected to experience substantial growth over the coming years. With a market value expected to reach 1.0 USD Billion in 2024 and 2.44 USD Billion by 2035, the industry is on a promising trajectory. The anticipated CAGR of 8.39% from 2025 to 2035 indicates a robust expansion phase, driven by various factors including technological advancements and increasing healthcare demands. This growth reflects the industry's potential to innovate and adapt to changing healthcare landscapes, ensuring that non-invasive monitoring devices remain integral to patient care.

    Technological Advancements

    The Global Non-Invasive Monitoring Device Market Industry is experiencing rapid technological advancements, which enhance the accuracy and efficiency of monitoring devices. Innovations such as wearable sensors and advanced imaging techniques are becoming increasingly prevalent. For instance, devices that utilize photoplethysmography for heart rate monitoring are gaining traction. These advancements not only improve patient outcomes but also facilitate remote monitoring, which is crucial in today's healthcare landscape. As a result, the market is projected to reach 1.0 USD Billion in 2024, reflecting a growing demand for sophisticated non-invasive monitoring solutions.

    Shift Towards Home Healthcare

    The Global Non-Invasive Monitoring Device Market Industry is witnessing a notable shift towards home healthcare, driven by patient preferences for convenience and comfort. Non-invasive monitoring devices enable patients to manage their health from home, reducing the need for frequent hospital visits. This trend is particularly relevant in the context of chronic disease management, where continuous monitoring is essential. The rise of telehealth services further supports this shift, as healthcare providers increasingly utilize remote monitoring tools. Consequently, the market is poised for growth, with a projected increase in demand for home-based monitoring solutions.

    Rising Chronic Disease Prevalence

    The Global Non-Invasive Monitoring Device Market Industry is significantly influenced by the rising prevalence of chronic diseases such as diabetes and cardiovascular disorders. These conditions necessitate continuous monitoring, thereby driving demand for non-invasive solutions. According to health statistics, millions of individuals globally are affected by these diseases, leading to an increased focus on preventive healthcare measures. The market is expected to expand as healthcare providers seek efficient monitoring tools that minimize patient discomfort. This trend is anticipated to contribute to the market's growth, with projections indicating a value of 2.44 USD Billion by 2035.

    Increased Investment in Healthcare Infrastructure

    The Global Non-Invasive Monitoring Device Market Industry benefits from increased investment in healthcare infrastructure, particularly in developing regions. Governments and private entities are recognizing the importance of modernizing healthcare facilities and integrating advanced monitoring technologies. This investment is crucial for improving patient care and outcomes, as non-invasive devices play a vital role in effective health monitoring. Enhanced infrastructure facilitates the adoption of these technologies, thereby expanding market reach. As healthcare systems evolve, the demand for innovative non-invasive monitoring solutions is expected to rise, contributing to overall market growth.

    Market Segment Insights

    Regional Insights

    Key Companies in the Non-Invasive Monitoring Device Market market include

    Industry Developments

    Future Outlook

    Non-Invasive Monitoring Device Market Future Outlook

    The Non-Invasive Monitoring Device Market is projected to grow at an 8.39% CAGR from 2024 to 2035, driven by technological advancements, increasing chronic disease prevalence, and rising consumer demand for home healthcare solutions.

    New opportunities lie in:

    • Develop AI-driven analytics for real-time patient monitoring.
    • Expand product lines to include wearable devices for remote health tracking.
    • Forge partnerships with telehealth platforms to enhance service delivery.

    By 2035, the market is expected to be robust, reflecting substantial advancements and widespread adoption.

    Market Segmentation

    Report Scope

    Attribute/Metric Details
    Market Size 2022 N/A (USD Billion)
    Market Size 2023 N/A (USD Billion)
    Market Size 2032 2.1 (USD Billion)
    Compound Annual Growth Rate (CAGR) 5.1 % (2024- 2032)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2022
    Market Forecast Period 2023 - 2032
    Historical Data 2019 - 2022
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Advanced Brain Monitoring, General Electric, medical, Medtronic, CNSystems Medizintechnik, Philips, Integrity Applications, OrSense, Abbott, Tensys Medical Omron, A&D Medical, Vaso Corporation, CAS Medical Systems
      Key Market Opportunities ·  The prevalence of people having these disorders is increasing ·  Technological advancement in the healthcare sector ·  The awareness and requirement of the monitoring devices
      Key Market Drivers ·  The requirement of the blood monitoring system ·  The availability of non-invasive monitoring device ·  Several initiatives by the government to reduce the rate of a diabetes patient ·  The immense population of diabetes patients

    Market Highlights

    Author

    Kinjoll Dey
    Research Analyst Level I

    He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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    FAQs

    At what CAGR is the non-invasive monitoring device market projected to grow in the forecast period (2017-2023)?

    Non-invasive monitoring device market projected to grow at approximately 5.1% CAGR during the assessment period (2022-2032).

    How much is the non-invasive monitoring device market worth in the future?

    The valuation of the non-invasive monitoring device market is estimated to increase to USD 2.1 Billion by the end of 2032.

    What are the major tailwinds pushing the growth of the non-invasive monitoring device market?

    Favorble reimbursement policies and the presence of numerous private & government-backed insurance firms, are major tailwinds pushing the growth of the non-invasive monitoring device market.

    Which region holds the largest share in the non-invasive monitoring device market?

    North America holds the largest share in the non-invasive monitoring device market, followed by the Asia Pacific and Europe, respectively.

    Who are the top players in the non-invasive monitoring device market?

    Medtronic Plc., Advanced Brain Monitoring, Inc., General Electric Company, NIMedical, Koninklijke Philips N.V, Omron Corporation, CNSystems Medizintechnik AG, Abbott, Vaso Corporation, Tensys Medical Inc., CAS Medical Systems, Inc., OrSense Ltd., Integrity Applications, and A&D Medical Inc., are some of the top players operating in the non-invasive monitoring device market.

    1. '1 Report Prologue
    2. Market Introduction
      1. Definition 22
      2. Scope of Study 22
      3. Research Objective 22
      4. Assumptions &
        1. Assumptions 22
        2. Limitations 22
      5. Market
    3. Research Methodology
      1. Primary Research Methodology
        1. Secondary Research Methodology 26
        2. Market Share Analysis
        3. Market Pricing Approach 27
      2. Market Size Estimation 27
      3. Forecast Model 28
    4. Market Dynamics
      1. Introduction 30
      2. Drivers
        1. Increasing Prevalence of Cardiovascular Diseases 31
        2. Increasing
        3. Increasing Prevalence of Neurovascular
        4. Increasing Geriatric Population 34
        5. Favorable Reimbursement
      3. Restraints 36
        1. Erroneous Readings 36
        2. Stringent
      4. Opportunities 38
        1. Development of Non-Invasive
        2. Partnership
      5. Macroeconomic Indicator 38
      6. Technology Trend & Assessment 39
        1. Optical Techniques 39
        2. Transdermal Techniques 40
        3. Electrochemical Techniques 40
    5. Market Factor Analysis
      1. Value Chain Analysis 42
        1. Device Manufacturers
        2. App Developers 43
        3. Network Providers/ Mobile Operators 43
        4. Healthcare Providers and Pharmaceuticals 43
        5. Patients 43
      2. Porter’s Five Forces Model 44
        1. Bargaining Power of Suppliers 44
        2. Bargaining Power of Buyers 44
        3. Threat of new Entrants 45
        4. Threat of Substitutes 45
        5. Intensity of Rivalry 45
      3. Demand &
      4. Pricing Analysis 45
      5. Investment Opportunities
    6. Global Non-Invasive Monitoring Device Market by Type
      1. Introduction
      2. Cardiac Monitoring Devices 49
        1. Electrocardiograph 50
        2. Cardiac Output Monitors 50
      3. Brain Monitoring Devices 51
      4. Blood Pressure
      5. Anesthesia Monitoring Devices 52
      6. Blood Glucose
    7. Global Non-Invasive Monitoring Device Market by Modality
      1. Introduction 55
      2. Table-Top Devices 56
      3. Wearable Devices 56
    8. Global Non-Invasive Monitoring Device Market by Application
      1. Introduction
      2. Cardiology 59
      3. Neurology 59
      4. Oncology 59
    9. Global
      1. Introduction 61
      2. Global Non-Invasive Monitoring Device Market for Hospital & Clinics By Region
      3. Global Non-Invasive Monitoring Device Market for Diagnostic Centers
      4. Global non-invasive monitoring device market for Research
    10. Global Non-Invasive Monitoring Device
      1. Introduction 65
      2. Americas 66
        1. North
        2. South America
      3. Europe 84
        1. Western Europe 89
        2. Eastern Europe 112
      4. Asia-Pacific 115
        1. Japan 119
        2. China 122
        3. India 125
        4. Australia 128
        5. South Korea 131
        6. Rest of Asia-Pacific
      5. The Middle East & Africa 138
        1. United Arab
        2. Saudi Arabia 145
        3. Oman 148
        4. Kuwait
        5. Qatar 154
        6. Rest of the Middle East & Africa 157
    11. Competitive Landscape
      1. Introduction 162
      2. Company Share Analysis
      3. Competitive Landscape 162
    12. Company Profiles
      1. General
        1. Company Overview 164
        2. Financials 164
        3. Products 164
        4. Strategy 164
        5. Key Developments 164
      2. Medtronic PLC 165
        1. Company Overview 165
        2. Financials
        3. Products 165
        4. Strategy 165
        5. Key Developments
      3. KONINKLIJKE PHILIPS NV 166
        1. Company Overview 166
        2. Financials 166
        3. Products 166
        4. Strategy 166
        5. Key
      4. Abbott 167
        1. Company Overview 167
        2. Financials 167
        3. Products 167
        4. Strategy 167
        5. Key
      5. Omron Corporation 168
        1. Company Overview 168
        2. Financials 168
        3. Products 168
        4. Strategy 168
        5. Key Developments 168
      6. Vaso Corporation 169
        1. Company Overview
        2. Financials 169
        3. Products 169
        4. Strategy 169
        5. Key Developments 169
      7. Integrity Applications 170
        1. Company
        2. Financials 170
        3. Products 170
        4. Strategy
        5. Key Developments 170
      8. CAS Medical Systems, Inc. . 171
        1. Company Overview 171
        2. Financials 171
        3. Products 171
        4. Strategy 171
        5. Key Developments 171
      9. A&D Medical
        1. Company Overview 172
        2. Financials 172
        3. Products 172
        4. Strategy 172
        5. Key Developments 172
      10. Tensys Medical Inc. 173
        1. Company Overview 173
        2. Financials
        3. Products 173
        4. Strategy 173
        5. Key Developments
      11. OrSense Ltd. 174
        1. Company Overview 174
        2. Financials
        3. Products 174
        4. Strategy 174
        5. Key Developments
      12. CNSystems Medizintechnik AG 175
        1. Company Overview 175
        2. Financials 175
        3. Products 175
        4. Strategy 175
        5. Key Developments 175
      13. NIMedical 176
        1. Company Overview
        2. Financials 176
        3. Products 176
        4. Strategy
        5. Key Developments 176
      14. Advanced Brain Monitoring, Inc.
        1. Company Overview 177
        2. Financials 177
        3. Products
        4. Strategy 177
        5. Key Developments 177
    13. Conclusion
      1. Key Findings 179
        1. The CEO’s Viewpoint 179
        2. Unmet
        3. Key Companies to Watch 179
        4. Prediction of Non-Invasive
    14. Appendix
      1. Discussion Blue Print
      2. References 182
    15. List of Tables
    16. TO 2027
    17. TO 2027 (USD MILLION) 72
    18. TO 2027
    19. TO 2027 (USD MILLION) 90
    20. TO 2027 (USD MILLION) 108
    21. TO 2027 (USD MILLION) 110
    22. TO 2027 (USD MILLION)
    23. TO 2027 (USD MILLION)
    24. TO 2027 (USD MILLION) 135
    25. TO 2027
    26. TO 2027 (USD MILLION) 141
    27. TO 2027 (USD MILLION) 143
    28. TO 2027 (USD MILLION) 144

    Non-Invasive Monitoring Device Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Non-Invasive Monitoring Device Market Research Report - Forecast till 2032 Infographic

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