Respiratory
monitoring devices are used for monitoring the respiration rate and
are better known as heart-respiratory monitors due to their uses in
heart monitoring. Such devices are utilized in hospitals on patients
who face risks of apnea, and in some cases used at home as well. The
monitor uses several patches placed on the body to measure the heart
rate and the breathing rate responding to the body’s movement and
then transmits the data to the attached leads. The respiratory
monitor comprises of a monitor that displays and logs the value in
real-time so that the care team can analyze the values at different
points of time. Increase in the sales of portable respiratory
monitoring systems due to increasing risks of sudden infant death
syndrome, increasing respiratory problems among individuals, along
with continuous improvement in technologies are among the key drivers
of the respiratory monitoring device market.
The
market for respiratory monitoring includes a variety of monitoring
products, including a specialty version designed for infants.
Oximeter, a device that is attached to the finger and is used to
track oxygen levels in the blood, an arm or a wrist cuff, a device
that is used to measure blood pressure, and patches are the products
under this market. Geographically, the market is broadly divided into
the Americas, EPEA, and APAC regions with APAC having the maximum
potential for growth.
The
market for respiratory monitoring devices suffers certain restraints
during the current period such as – decrease in product
differentiation and low per capita income in developing nations, but
as the world is moving towards development, the rise of economies
will boost the demand for respiratory monitoring devices as people
will have more disposable income. Some of the market players of this
market are CareFusion Corp., Covidien Plc, Draegerwerk AG and Co., GE
Healthcare Ltd., Philips Healthcare, Siemens Healthcare, and ResMed
Inc.
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