Market Trends of Europe Hemodynamic Monitoring Industry
This section covers the major market trends shaping the Europe Hemodynamic Monitoring Market according to our research experts:
Hospital-based Monitoring Systems are Expected to Grab the Largest Market Share in the Application Segment
In the application segment of the market, hospital-based monitoring systems are believed to have the largest market share in the coming future.
Hospitals face multiple challenges in assessing multiple blood parameters in intensive care units, emergency rooms, and other departments. A majority of critically ill patients admitted to the ER are anemic, with over a third requiring a blood transfusion. Repeated blood draws have been observed to increase organ dysfunction and morbidity in such patients. Patients with anemia are more likely to have in-hospital complications, including heart failure, recurrent ischemia, re-infarction, cardiogenic shock, stroke, major bleeding, and hypoxia. Therefore, in hospitals, particularly in intensive care and emergency units, continuous monitoring of hemodynamics can optimize diagnosis, and minimize complications and hospitalization time.
Owing to the importance of hemodynamic monitors in hospitals and the rising need for the same, for better care provision, the segment is expected to grow.