Patient Care Monitoring Systems is accounted for $17.41 billion in 2017 and is expected to reach $33.95 billion by 2026 growing at a CAGR of 7.7% during the forecast period. Increasing incidence of chronic diseases and the growing availability of wireless monitoring devices and for eco-friendly packaging are the major factors boosting the market growth. Moreover, the demand for extended shelf-life of products will create ample opportunities for market growth. However, high capital investments for manufacturing may hinder the growth of the market.
Major Key Players of the Patient Care Monitoring Systems Market are:
Bosch Medical, Cardiocom, GE Healthcare, Honeywell HomMed, Omron Healthcare, Philips Healthcare, Abbott Laboratories, AMD Global Telemedicine, Carematix, Coviden, Mindray, OSI Systems, Welch Allyn, Second Opinion Telemedicine Schiller AG and Roche.
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