Medtronic Targets Airway Management, Respiratory Monitoring For Rapid Growth
Medtronic is moving quickly to increase its market share in airway management and respiratory monitoring and is expanding its product portfolio to help hospitals reduce the incidence of respiratory compromise and preventable adverse events. The company recently acquired Aircraft Medical and its video laryngoscopy business, launched its own laryngeal mask product and identified a wide range of potential applications for its fast-growing capnography product line.
You may also be interested in...
Market Intel: Medtronic, Philips, Masimo, And Others Keep Pulse Beating In Oximetry Patient Monitoring Market
Demand for reliable, accurate, high-quality pulse oximetry devices in and – increasingly – outside hospitals is driven by the rise of chronic diseases, a growing elderly population prone to asthma, heart disease, sleep apnea and chronic obstructive pulmonary disease, as well as the need to monitor oxygen levels in premature babies. According to a new report by Meddevicetracker, the global market for standalone, hospital-grade pulse oximetry devices and accessories will reach $1.9bn by 2021, a CAGR of 5.4% from 2016. In this feature, we'll take a closer look at the overall pulse oximetry market, the major players and which forces are driving – and stymying – its growth.
The HMA-EMA Big Data Task Force has offered recommendations to use data for the benefit of public health.