Japan Patient Care Monitoring Equipment Market

Japan Patient Care Monitoring Equipment Market

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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

The Japan patient care monitoring equipment market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 4.6% during 2023–2031.

Growth of the market is attributed to the rapidly growing elderly population, rising prevalence of chronic diseases, and increasing hospital infections (HAI) have forced medical institutions to focus on minimizing transmission.

Japan Patient Care Monitoring Equipment Market Outlook

The patient monitoring system is used to measure, record, distribute, and display a combination of biometric data, such as heart rate, blood oxygen saturation (SPO2), blood pressure, and temperature. They are used to monitor patients on a continuous basis, which helps prevent serious problems.

Although most markets are declining, the COVID19 outbreak has had a positive impact on several health-related markets, including patient monitors. Epidemics and patient monitoring patient monitors (including heart rate monitors, ventilators, and temperature monitors) are in high demand.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing demand for wearable patient monitoring devices is expected to boost the market during the forecast period.

  • Rapid growth of the healthcare industry due to covid-19 outbreak and increasing geriatric population is major factors driving the market.

  • Growing preference for telehealth services and continuous patient monitoring systems is anticipated to fuel the market.

  • High price of patient monitoring system is projected to restrict the market growth.

  • Lack of reimbursement strategies and strict government framework for healthcare sector act as major factors that can hamper the market growth during the forecast period.

  • R&D investment and technological advancement of patient monitoring systems for home care settings and continuous transmission of data to healthcare professionals for monitoring is projected to offer significant opportunities for the market players.

Scope of Japan Patient Care Monitoring Equipment Market Report

The report on the Japan patient care monitoring equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Japan Patient Care Monitoring Equipment Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Type of Devices (Blood Glucose Monitors, Pulse Oximeters, Temperature Monitors, and Blood Pressure Monitors), Applications (Cardiology, Neurology, Respiratory, Fetal and Neonatal, Weight Management and Fitness Monitoring, and Others), and End Users (Hospitals, Home Settings, and Ambulatory Surgery Centers)

Geography

Japan

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Nihon Kohden Corporation, Boston Scientific Corporation, Abbott Laboratories, General Electric Company (GE Healthcare), and Koninklijke Philips N.V

Japan Patient Care Monitoring Equipment Market Segment Insights

The pulse oximeters segment is projected to hold a major market share

Based on type of devices, the patient care monitoring equipment market is segregated into blood glucose monitors, pulse oximeters, temperature monitors, and blood pressure monitors. The pulse oximeter segment is expected to represent a key share of the market during the forecast period owing to its application to assess the immersion of hemoglobin in the oxygen in blood. It can be used to measure the oxygen infiltration volume of hemoglobin.

On the other hand, the blood glucose monitor segment is anticipated to expand at a rapid pace during the forecast period. The blood glucose monitoring product segment dominated the patient monitoring equipment market as the incidence of diabetes is rising, new products are launched, and the acceptance of blood glucose meters continues to increase this should lead to the growth of market segments.

Japan Patient Care Monitoring Equipment Market End User

The weight management and fitness monitoring segment is expected to grow at a rapid pace

Based on applications, the patient care monitoring equipment market is segregated into cardiology, neurology, respiratory, fetal and neonatal, weight management & fitness monitoring, and others. The weight management and fitness monitoring segment is expected to represent a key share of the market during the forecast period owing to increasing chronic diseases, such as diabetes, obesity, and cardiovascular diseases.

Japan is the country with the majority of aging population in the world. Therefore, it is necessary to monitor the overall health of the patient, it is expected that these factors will increase the demand for weight control and health monitoring devices.

The hospitals segment is anticipated to expand at a substantial CAGR

Based on end-users, the Japan patient care monitoring equipment market is fragmented into hospitals, home settings, and ambulatory surgery centers. The hospital segment is expected to represent a key share of the market during the forecast period.

Factors such as rising incidence of CVD, increasing number of patient visits to hospitals for diagnosis, rising number of cardiac implant operations, and availability of payment for these treatments drives the market.  

Japan Patient Care Monitoring Equipment Market Region

Segments

The Japan patient care monitoring equipment market has been segmented on the basis of

Type of devices

  • Blood Glucose Monitors
  • Pulse Oximeters
  • Temperature Monitors
  • Blood Pressure Monitors

Applications

  • Cardiology
  • Neurology
  • Respiratory
  • Fetal and Neonatal
  • Weight Management and Fitness Monitoring
  • Others

End Users

  • Hospitals
  • Home Settings
  • Ambulatory Surgery Centers

Key Players

  • Nihon Kohden Corporation
  • Boston Scientific Corporation
  • Abbott Laboratories
  • General Electric Company (GE Healthcare)
  • Koninklijke Philips N.V

Competitive Landscape

Key players competing in the patient care monitoring equipment market include Nihon Kohden Corporation, Boston Scientific Corporation, Abbott Laboratories, General Electric Company (GE Healthcare), and Koninklijke Philips N.V

Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Japan Patient Care Monitoring Equipment Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Care Monitoring Equipment Market Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Care Monitoring Equipment Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Care Monitoring Equipment Market Market - Supply Chain
  4.5. Global Care Monitoring Equipment Market Market Forecast
     4.5.1. Care Monitoring Equipment Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Care Monitoring Equipment Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Care Monitoring Equipment Market Market Absolute $ Opportunity
5. Global Care Monitoring Equipment Market Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Care Monitoring Equipment Market Market Size and Volume Forecast by Applications
     5.3.1. Cardiology
     5.3.2. Neurology
     5.3.3. Respiratory
     5.3.4. Fetal and Neonatal
     5.3.5. Weight Management and Fitness Monitoring
     5.3.6. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Care Monitoring Equipment Market Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Care Monitoring Equipment Market Market Size and Volume Forecast by End Users
     6.3.1. Hospitals
     6.3.2. Home Settings
     6.3.3. Ambulatory Surgery Centers
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Care Monitoring Equipment Market Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Care Monitoring Equipment Market Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Care Monitoring Equipment Market Demand Share Forecast, 2019-2026
8. North America Care Monitoring Equipment Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Care Monitoring Equipment Market Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Care Monitoring Equipment Market Market Size and Volume Forecast by Applications
     8.4.1. Cardiology
     8.4.2. Neurology
     8.4.3. Respiratory
     8.4.4. Fetal and Neonatal
     8.4.5. Weight Management and Fitness Monitoring
     8.4.6. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Care Monitoring Equipment Market Market Size and Volume Forecast by End Users
     8.7.1. Hospitals
     8.7.2. Home Settings
     8.7.3. Ambulatory Surgery Centers
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Care Monitoring Equipment Market Demand Share Forecast, 2019-2026
9. Latin America Care Monitoring Equipment Market Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Care Monitoring Equipment Market Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Care Monitoring Equipment Market Market Size and Volume Forecast by Applications
     9.4.1. Cardiology
     9.4.2. Neurology
     9.4.3. Respiratory
     9.4.4. Fetal and Neonatal
     9.4.5. Weight Management and Fitness Monitoring
     9.4.6. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Care Monitoring Equipment Market Market Size and Volume Forecast by End Users
     9.7.1. Hospitals
     9.7.2. Home Settings
     9.7.3. Ambulatory Surgery Centers
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Care Monitoring Equipment Market Demand Share Forecast, 2019-2026
10. Europe Care Monitoring Equipment Market Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Care Monitoring Equipment Market Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Care Monitoring Equipment Market Market Size and Volume Forecast by Applications
     10.4.1. Cardiology
     10.4.2. Neurology
     10.4.3. Respiratory
     10.4.4. Fetal and Neonatal
     10.4.5. Weight Management and Fitness Monitoring
     10.4.6. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Care Monitoring Equipment Market Market Size and Volume Forecast by End Users
     10.7.1. Hospitals
     10.7.2. Home Settings
     10.7.3. Ambulatory Surgery Centers
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Care Monitoring Equipment Market Demand Share Forecast, 2019-2026
11. Asia Pacific Care Monitoring Equipment Market Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Care Monitoring Equipment Market Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Care Monitoring Equipment Market Market Size and Volume Forecast by Applications
     11.4.1. Cardiology
     11.4.2. Neurology
     11.4.3. Respiratory
     11.4.4. Fetal and Neonatal
     11.4.5. Weight Management and Fitness Monitoring
     11.4.6. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Care Monitoring Equipment Market Market Size and Volume Forecast by End Users
     11.7.1. Hospitals
     11.7.2. Home Settings
     11.7.3. Ambulatory Surgery Centers
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Care Monitoring Equipment Market Demand Share Forecast, 2019-2026
12. Middle East & Africa Care Monitoring Equipment Market Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Care Monitoring Equipment Market Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Care Monitoring Equipment Market Market Size and Volume Forecast by Applications
     12.4.1. Cardiology
     12.4.2. Neurology
     12.4.3. Respiratory
     12.4.4. Fetal and Neonatal
     12.4.5. Weight Management and Fitness Monitoring
     12.4.6. Others
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Care Monitoring Equipment Market Market Size and Volume Forecast by End Users
     12.7.1. Hospitals
     12.7.2. Home Settings
     12.7.3. Ambulatory Surgery Centers
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Care Monitoring Equipment Market Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Care Monitoring Equipment Market Market: Market Share Analysis
  13.2. Care Monitoring Equipment Market Distributors and Customers
  13.3. Care Monitoring Equipment Market Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Nihon Kohden Corporation
     13.4.2. Boston Scientific Corporation
     13.4.3. Abbott Laboratories
     13.4.4. General Electric Company (GE Healthcare)
     13.4.5. Koninklijke Philips N.V

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