Research Report on China's Patient Monitor Export 2023-2032
A patient monitor is a device that uses sensor technology to sense various physiological changes in a patient, measure multiple physiological parameters and make clinical decisions. Patient monitors usually consist of a main unit, power supply, display, physiological parameter function module and alarm system to collect parameter information from the patient, process, display the information and issue alarms.
The use of patient monitors not only reduces the stress of medical staff and improves the efficiency of nursing care, but also enables physicians to keep track of patients' conditions and address them in a timely manner, thereby improving the level of hospital care. As the size of the global patient population expands and the pressure on medical institutions increases, patient monitors are becoming more and more widely used in clinical settings.
China is one of the world's leading producers and exporters of patient monitors, exporting a large number of patient monitors every year. According to CRI analysis, in 2021, China exported 31,063,200 units of patient monitors, down 0.20% year-on-year, with an export value of US$620 million, down 34.79% year-on-year. From January to November 2022, China exported 34,898,600 units of patient monitors, up 22.30% year-on-year, with an export value of US$527 million, down 7.57% year-on-year.
In 2021, China exported patient monitors to more than one hundred and ninety countries and regions around the world. CRI analysis, by export volume, the United States, Indonesia, Sweden, the United Kingdom, Turkey, Germany, Brazil, India, Australia and France are the main export destinations for Chinese patient monitors. In 2021, China exported 5,625,900 patient monitors to the U.S., accounting for 18.11% of total patient monitor exports that year, with an export value of US$118 million, or 19.10% of total exports.
China is a major global producer and exporter of patient monitors. CRI expects that the global patient monitor market size will continue to grow from 2023-2032, which will help boost the growth of China's patient monitor export volume.
Topics covered:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook