MRI Compatible Patient Monitoring Systems Market Pegged for Robust Expansion During 2017 – 2027

VALLEY COTTAGE, N.Y. – The magnetic resonance imaging (MRI) is an imaging technique designed to visualize internal structures of the body using magnetic and electromagnetic fields which induce a resonance effect of hydrogen atoms. MRI compatible patient monitoring systems are the modules used to monitor and examine physiological parameters such as vital signs, heart rate, blood oxygen levels, blood pressure, and blood sugar. The use of MRI compatible patient monitoring systems improves the quality of care and life which allows early prediction and detection of exacerbations while ongoing MRI procedure. The MRI compatible patient monitoring systems are technologically modified and equipped with safety features, such as alarms or other operator alerts that are intended to activate in the event of a problem.

The advancements in the MRI compatible patient monitoring systems and the increasing awareness about the safety benefits of advanced MRI compatible patient monitoring systems such as non-magnetic systems over the conventional patient monitoring systems worldwide, which is expected to bolster the growth of the global MRI compatible patient monitoring systems market.

Download the sample copy of Report with table of contents and Figures @  https://www.futuremarketinsights.com/reports/sample/rep-gb-5967

MRI Compatible Patient Monitoring Systems Market: Segmentation

The global MRI compatible patient monitoring systems market is segmented on the basis of product type, modality type, application, and end user.

On the basis of product type, the global MRI compatible patient monitoring systems market is segmented into:

• Magnetic Devices
• Non-magnetic Devices

On the basis of modality type, the global MRI compatible patient monitoring systems market is segmented into:

• Portable
• Non-portable

On the basis of application, the global MRI compatible patient monitoring systems market is segmented into:

• Blood Glucose Monitoring
• EEG and ECG Monitoring
• Capnography Monitoring
• Spirometer Monitoring
• Sleep Apnea Monitoring
• Pulse Oxymeter Monitoring
• Fetal Doppler Monitoring
• Multi-parameter Monitoring
• Weight Monitoring
• Temperature Monitoring
• Others

On the basis of end user, the global MRI compatible patient monitoring systems market is segmented into:

• Hospitals
• Ambulatory Surgical Centers
• Diagnostics Centers
• Emergency Medical Services
• Others

The global MRI compatible patient monitoring systems market is expected to register a significant CAGR over a forecast period. Globally, increasing prevalence of MRI diagnosis of an ageing population is one of the key factors, which drives the global MRI compatible patient monitoring systems market over the forecast period 2017-2027. Increasing demand for large volume patient treatment and monitoring during MRI procedures owing to the growing access to the compatible medical services is also the important factor fuelling the revenue growth of the global MRI compatible patient monitoring systems market.

Preview Analysis of MRI Compatible Patient Monitoring Systems Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027: https://www.futuremarketinsights.com/reports/mri-compatible-patient-monitoring-systems-market

The favorable government policies for start-up companies such as medical device manufacturers and new manufacturing setups for production capacity expansion by the leading manufacturers in developing economies is also anticipated to fuel the growth of this market over the forecast period. The increasing spending on healthcare per capita in both developing and developed economies such as U.S., Canada, France, Germany, China, and India is also anticipated to propel the growth of the global MRI compatible patient monitoring systems market. In addition to that, the increasing strategic collaborations among key players for the geographical expansion and patent transfer of the MRI compatible patient monitoring systems also expected to drive the growth of the global MRI compatible patient monitoring systems market.

However, Product recall and safety concerns due to the adverse events associated with the use of patient monitoring in MRI settings including numerous injuries and deaths may hamper the growth of the global MRI compatible patient monitoring systems market. The stringent rules and regulations by the U.S. Food and Drug Administration such as (FDA) 510 (K) for MRI compatible patient monitoring systems and the European Commission for new product launches and its marketing and sales activities, may hinder the growth of the global MRI compatible patient monitoring systems market. The higher price of MRI compatible patient monitoring systems may also become a cost restraint for the global MRI compatible patient monitoring systems market over the forecast period.

On the basis of regional presence, the global MRI compatible patient monitoring systems market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East & Africa. The North America is dominating and contributed the leading shares to the global MRI compatible patient monitoring systems market in terms of revenue and expected to register a significant growth over a forecast period due to technological advancement and developed medical infrastructure along with the reimbursement facilities.

The Europe has also contributed the moderate shares and registered a healthy growth rate to the global MRI compatible patient monitoring systems market followed by North America. The APEJ has become the lucrative market for MRI compatible patient monitoring systems and anticipated to register significant shares over the forecast period due to the increasing adoption of MRI compatible patient monitoring systems and developing medical infrastructure. The Latin America and MEA are at a nascent stage to the global MRI compatible patient monitoring systems market and expected to show a moderate growth over a forecast period due to increasing medical facilities in the region.

Buy this report @  https://www.futuremarketinsights.com/checkout/5967

Some of the market players in MRI compatible patient monitoring systems market globally include iRadimed Corporation, Fresenius Kabi AG, B. Braun Melsungen AG, Becton, Dickinson Company (CareFusion), Smiths Medical (Smiths Group plc.), Baxter International Inc., and Arcomed AG, PULSION Medical Systems SE, LiDCO Group plc, CAS Medical Systems, Deltex Medical Group Plc., Philips Medical Systems, GE Healthcare, Draeger Medical, Inc.,  Schwarzer Cardiotek GmbH, and Tensys Medical, Inc.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you:  https://www.futuremarketinsights.com/askus/rep-gb-5967

More from Healthcare, Pharmaceuticals and Medical devices:

• Prothrombin Complex Concentrate Market
• Frontotemporal Disorders Treatment Market
• Hypoparathyroidism Treatment Market

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us

Mr. Abhishek Budholiya
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44-(0)-20-7692-8790 
Sales: sales@futuremarketinsights.com  
Press Office: Press@futuremarketinsights.com  
Blog: Market Research Blog  
Website: https://www.futuremarketinsights.com/