Operating Room Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019
Albany, NY (PRWEB) January 18, 2014
Along with growing healthcare market, the demand for patient examination devices is increasing worldwide. A wide variety of patient examination devices are used to monitor the vital signs of patients such as temperature, heart rate and blood pressure. The market for patient examination devices may be segmented into primary care patient examination devices and specialty care patient examination devices. Stethoscope, thermometer, thin beam torch, weighing machines and sphygmomanometers are examples of primary care patient examination devices while tonometry used by ophthalmologist to measure intraocular pressure, tunning forks to determine deafness and reflex testing hammer to test motor reflex of the body are the examples of specialty care patient examination devices.
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The market for patient examination devices is predicted to grow worldwide under the influence of increasing overall population leading to high prevalence of diseased population, introduction of new products coupled with innovative technologies and enhancing trends of keeping examination devices at home. In emerging countries including India, China, Russia, Brazil and South Africa, the market is expected to grow due to rapidly increasing aging population causing increased patient care and awareness of these devices among general population. As of 2012, according to United Nations, the elderly population in India over 60 years is going to be triple by 2050 from 100 million today to 300 million while a blog posted on the website of HelpAge International, dated 19th June 2013, suggests that the aging population of China is going to be 440 million by 2050 from 194 million of today. The digitalization of patient examination devices has made interpretation so easy that people have started using these devices at their home.
Some of the key players engaged in the manufacturing and distribution of patient examining devices are 3M Healthcare, Philips Healthcare, GE Healthcare, Covidien plc, Omron Healthcare, Cardinal Health, Inc., BIOTRONIK International, Terumo Corporation and Morepen Laboratories.
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