SOURCE: Radiant Insights, Inc.

Radiant Insights, Inc.

February 09, 2016 08:00 ET

Hospital Patient Multi-Parameter Monitors Market Worth $5.3 Billion by 2019: Radiant Insights, Inc.

SAN FRANCISCO, CA--(Marketwired - Feb 9, 2016) - The cardiac patient monitoring hospital devices market was valued above USD 3.5 billion in 2012 and is estimated to reach USD 5.3 billion at 5.5% growth rate over the forecast period. It continues to grow with penetration into all areas of expansion of hospitals and further. The mounted base continues to rise as substitute of unit is extended to 12 years and above.

Critical care units had the cardiac monitor units initially but primary disease patients have complications affecting heart and require monitoring other than the cardiac care units. Resourceful companies perch to enter the industry, most probably via acquisition. Even with merger and acquisition the vendors are perched for facing high competition.

Breathlessness is the common symptom of this disease therefore it is often wrongly diagnosed for respiratory disease and overlooked by the sufferer not understanding the symptoms. Monitoring of cardiac patients might detect arrhythmias and start the treatment fast before it's too late to rectify failure of heart.

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Detecting fast and starting quick treatment is necessary. Technology of hospital cardiac patient monitoring is essential support to provide the treatment. Every department in the hospitals as well as during move have augmented admittance to the device. The patient understands its importance and treatment of cardiac symptoms instead waiting till the condition deteriorates.

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