Australia Multiparameter Patient Monitoring Systems Market Size & Outlook
Australia multiparameter patient monitoring systems market, 2018-2030 (US$M)
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Australia multiparameter patient monitoring systems market highlights
- The Australia multiparameter patient monitoring systems market generated a revenue of USD 114.8 million in 2023 and is expected to reach USD 176.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, portable was the largest revenue generating product in 2023.
- Portable is the most lucrative product segment registering the fastest growth during the forecast period.
Multiparameter patient monitoring systems market data book summary
| Market revenue in 2023 | USD 114.8 million |
| Market revenue in 2030 | USD 176.5 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Portable |
| Fastest growing segment | Portable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable, Fixed |
| Key market players worldwide | Spacelabs Healthcare, Koninklijke Philips NV, ICU Medical Inc, GE HealthCare Technologies Inc Common Stock, Draegerwerk AG & Co KGaA, Medtronic PLC, Masimo Corp, SCHILLER, shenzhen mindray automation equipment co., SternMed, Skanray Technologies |
Other key industry trends
- In terms of revenue, Australia accounted for 0.9% of the global multiparameter patient monitoring systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, South Korea multiparameter patient monitoring systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 372.5 million by 2030.
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Multiparameter Patient Monitoring Systems Market Scope
Multiparameter Patient Monitoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia multiparameter patient monitoring systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to multiparameter patient monitoring systems market will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 66.38% in 2023. Horizon Databook has segmented the Australia multiparameter patient monitoring systems market based on portable, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
There is high demand for a wide range of medical equipment in Australia. The market is very competitive and mature. The population in Australia expects superior quality medical treatment, and there is a constant need for state-of the-art medical products.
The demand for medical products & other healthcare services are projected to increase among Australians with continuous technological advancements, aging population, rising burden of chronic diseases, and increasing income.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia multiparameter patient monitoring systems market , including forecasts for subscribers. This country databook contains high-level insights into Australia multiparameter patient monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia multiparameter patient monitoring systems market size, by product, 2018-2030 (US$M)
Australia Multiparameter Patient Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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