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(Medical-NewsWire.com, December 24, 2019 ) Market Overview
• A physical, medical or clinical examination is the process by which a medical professional investigates the body of a patient for signs of disease.
• Patient examination devices are used for a physical diagnosis like body temperature measurement and auscultation.
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Growth Factors
• Global Patient Examination Devices market will witness considerable growth over the forecast period.
• Some factors driving market growth are growing elderly population, increasing number of new hospitals, high incidence of common diseases, and government investments in developing healthcare infrastructure.
• However, decreased overall revenues due to intense price competition are likely to inhibit market growth.
Market Segmentation
• The global Patient Examination Devices market report segments the market by product type, by the end user, and by region.
• Based on product type, the market is categorized into Stethoscope and Thermometer.
• Geographically, the market is segmented into five major regions, namely North America, South America, Europe, Asia Pacific, and RoW.
• In 2014, the patient examination devices market in the US was valued at around USD 475 million and was expected to grow to approximately USD 586.5 million by the year 2021.
• The Asia Pacific will be the fastest growing market owing to improved economic conditions and favorable government initiatives to offer better healthcare facilities.
Scope of the Report
• The report also profiles the following companies in Patient Examination Devices market – 3M Health Care Ltd., Cardinal Health, Inc., Covidien plc, Welch Allyn Inc., Microlife Corporation and others.
By Product Type
• Stethoscopes
• Thermometers
By End User
• Hospitals
• Clinics
• Home Care
By Region
• Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
• Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)
• North America (The USA, Canada, Mexico)
• South America (Brazil, Argentina, Rest of South America)
• Rest of the World
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