Spain Multiparameter Patient Monitoring Systems Market Size & Outlook
Spain multiparameter patient monitoring systems market, 2018-2030 (US$M)
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Spain multiparameter patient monitoring systems market highlights
- The Spain multiparameter patient monitoring systems market generated a revenue of USD 260.4 million in 2023 and is expected to reach USD 375.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.4% 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 260.4 million |
| Market revenue in 2030 | USD 375.7 million |
| Growth rate | 5.4% (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, Spain accounted for 2.1% 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 Europe, Italy multiparameter patient monitoring systems market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 654.1 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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Spain 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 66.36% in 2023. Horizon Databook has segmented the Spain multiparameter patient monitoring systems market based on portable, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
Although international organizations such as the European Commission fund remote monitoring projects in the region, the adoption of remote patient monitoring at a national level is low.
However, Spain implemented certain initiatives, which include the Ministry of Health and Social Policy encouraging the adoption of remote patient monitoring and telemedicine in collaboration with the Research Unit for Telemedicine and Information Society (UITes) (inside the Institute of Carlos Ill).
The adoption of remote monitoring in Spain is highest in Autonomous Communities (ACs) of Andalucía, Catalonia, Canarias, Madrid, Basque Country Valencia, and Navarra. The availability of suitable health IT infrastructure in Spain is driving the healthcare IT market postpandemic.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain multiparameter patient monitoring systems market , including forecasts for subscribers. This country databook contains high-level insights into Spain multiparameter patient monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain multiparameter patient monitoring systems market size, by product, 2018-2030 (US$M)
Spain Multiparameter Patient Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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