Factors such as technological advancements in hemodynamic monitoring systems, increasing research into hemodynamic monitoring systems, influx of VC funding, rising prevalence of cardiovascular diseases & diabetes, rising geriatric population & growing number of surgeries, awareness initiatives by industry players, and government focus on critical care infrastructure & services are driving the growth of the hemodynamic monitoring systems market. In addition, growing demand for patient monitoring devices in non-hospital settings and the emerging economies (such as China, India, Brazil, and Mexico) are expected to offer lucrative growth opportunities for market players in the hemodynamic monitoring systems market. However, a risk associated with invasive hemodynamic monitoring, such as sepsis, bleeding, hemorrhage, thrombosis, air embolism, and pulmonary capillary necrosis is expected to restrain the growth of this market. Moreover, increasing pricing pressure on market players, limited patient awareness related to disease diagnosis, and dearth of skilled professionals are adversely impacting the growth of the market.
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Driver: Technological advancements in hemodynamic monitoring systems
Recent years have witnessed a growing preference for noninvasive technologies from traditionally accepted invasive techniques.
Key Market Players
Edwards Lifesciences (US), PULSION Medical Systems SE (Germany), LiDCO Group (UK), Deltex Medical (UK), ICU Medical (US), CNSYSTEMS MEDIZINTECHNIK GMBH(Austria), CareTaker Medical (US), OSYPKA MEDICAL GMBH (Germany), Cheetah Medical (US), Uscom (Australia), NI Medical (Israel)
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