According to the research report titled ‘Global Hemodynamic Monitoring Market Size study, by Type (Invasive Hemodynamic Monitoring Systems, Non-Invasive Hemodynamic Monitoring Systems), by Product (Disposables, Monitors), by End-User (Hospitals, Clinics and Ambulatory Care Centers, Home Care Settings) and Regional Forecasts 2020-2027‘, available with Market Study Report, global hemodynamic monitoring market was remunerated at USD 912 million in 2019 and is projected to register a CAGR of 6.4% during 2020-2027.
 

Increasing incidences of cardiovascular diseases and diabetes, alongside growing geriatric population are propelling the growth of global hemodynamic monitoring system market growth. According to American Heart Association (AHA), number of deaths due to cardiovascular diseases (CVDs) was estimated at 17.6 million in 2016 and is projected to reach 23.6 million by the year 2030. Further, CDC (Centre for Disease Control & Prevention) stated that approximately 610,000 deaths due to heart disorders are recorded every year in United States.

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Notably, hemodynamic monitoring is used for early detection, identification and treatment of life-threatening conditions like cardiac tamponade and heart failure. The device monitors blood pressure inside heart, veins, and arteries, while measuring electrocardiogram and level of oxygen in blood.
 

The sudden spread of COVID-19 virus has bolstered the demand for hemodynamic monitoring systems and other live-saving devices in order to measure the blood flow, hence stimulating market outlook. However, lack of skilled professionals and risk related to invasive hemodynamic monitoring will impede the market growth during the forecast period.
 

Based on type, global hemodynamic monitoring market is segmented into invasive and non-invasive. With regards to the product terrain, the industry is bifurcated into disposables and monitors. While as end-user spectrum, the market is classified into hospitals, ambulatory care centers & clinics, and home care settings.
 

Based on regional analysis, North America hemodynamic monitoring market is estimated to accumulate substantial revenues by the year 2027, mainly due to growing number of surgeries, rising prevalence of cardiovascular diseases, and presence of established vendors in the region.
 

Meanwhile, Asia-Pacific market is anticipated to witness strong growth during 2020-2027, owing to improved government reimbursement for cardiac procedures and enhancement in healthcare infrastructure in developing nations.
 

Key players operating in global hemodynamic monitoring market include LiDCO Group Plc, Uscom Limited (UCM), CareTaker LLC, Osypka Medical GmbH, Edwards Lifesciences, ICU Medical Inc., Deltex Medical Group, CNSystems Medizintechnik GmbH, Pulsion Medical Systems, and NI Medical Ltd.