The Global Hemodynamic Monitoring Systems Market is projected to reach $1933.70 million by 2028, from a value of $1153.00 million in 2022, by registering a CAGR of 9.0% during the forecast period. Factors such as rising prevalence of lifestyle diseases, increasing incidence of respiratory disorders, and growing number of surgeries are driving the growth of the market. However, risks associated with invasive hemodynamic monitoring are hampering the growth of the market. Moreover, emerging Markets and growing Demand for Patient Monitoring Devices in Non-Hospital Settings are boosting the market growth.
Recent Developments
In February 2022, Noninvasix announced that its LIVOx Central Venous Oxygenation Monitor has received Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) for non-invasive, real-time, continuous or spot monitoring of central venous oxygen saturation (ScvO2) in adults at risk of septic shock.
In January 2022, Sensydia, an innovator in rapid, non-invasive measurement of critical cardiac function, today announced that its Cardia Performance System (CPSTM) has been granted Breakthrough Device Designation by the United States Food and Drug Administration (FDA).
In September 2019, Baxter International Inc. entered into an agreement to acquire Cheetah Medical. The agreement demonstrates Baxter’s ongoing commitment to improving clinical outcomes with an established patient monitoring technology to better inform and guide clinicians’ treatment decisions.
In March 2018, Acumen Hypotension Prediction Index (HPI) software was released by Edwards Lifesciences in the United States.
In Feb 2018, LiDCO Group signed a distribution agreement with Spacelabs Healthcare SAS to distribute LiDCO products in France.
Competitive Landscape
Cnsystems Medizintechnik GmbH, Uscom, Pulsion Medical Systems Se, Osypka Medical GmbH, NI Medical, CareTaker Medical, LiDCO Group, ICU Medical, Edwards Lifesciences Corporation, Deltex Medical, and Cheetah Medical are some of the major players in the global Hemodynamic Monitoring Systems market.
