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Global Pacemakers Market to Surge to $4.9 Billion

The global pacemakers market is projected to surge from its current $4.4 billion valuation to $4.9 billion by 2023, at a CAGR of 2%, according to a new report. This market is driven by various factors such as the increasing prevalence of cardiovascular diseases and technological advancements in medical devices, researchers say.

Report Shows North America Leads in Adoption of Monitoring Devices

North America is expected to continue dominating the global monitoring devices market, accounting for about 35% of the overall market by end of 2015, according to a new report from Future Market Insights. “Vital Signs Monitoring Devices Market: Global Industry Analysis and Opportunity Assessment 2015-2025” covers trends driving growth in each segment of the vital signs monitoring devices market in specific regions.

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Geriatric Population Driving Growth of Global Portable Ultrasound Market

According to analysts at technology market research firm Technavio, the global portable ultrasound market is predicted to grow at a compound annual growth grate of 8.74% from 2014 to 2019, largely due to an increasing geriatric population. Portable ultrasound devices are lighter and smaller than conventional ultrasound machines, and can be used at point of contact and operated on battery power.

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Industry Report Forecasts Growth of Portable CT and X-ray Devices through 2020

According to a new study by Hexa Research, the global market for portable x-ray and CT scan devices is predicted to grow at a compound annual growth grate of 7.5% from 2013 to 2020. The demand for portable scanning devices will be driven by growing cases of accidents and health conditions among the aging population, necessitating orthopedic, cardiovascular, or brain-related investigations.

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Patient Monitoring Equipment Market to Reach $4.7 Billion by 2023

According to a new market report from Transparency Market Research, the global patient monitoring equipment market was valued at more than $3 billion in 2014, and is projected to reach a value of $4.7 billion between 2015 and 2023. Factors such as increasing incidence of chronic diseases, growing awareness of applications for patient monitors, and increased spending by patients and governments are fueling the growth.

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