Patient monitoring market is mounting as a result of advancement in upcoming technologies that is providing an excellent opportunity for cultivating improvised care for patients across every corner of the globe. Patient monitoring system involves continuous/semi-continuous measurement of patient’s physiological parameters such as heart rate, respiratory rate, blood pressure, core temperatures and pulse oximetry etc., which accelerates patient’s quality care by making superior clinical-decision. Patient monitoring plays a fundamental role in emergency and operating rooms, intensive and critical care units by reducing onset of complications and risks in patient. It is proven to be very useful in respiratory therapy, recovery rooms, out-patient care, transport, radiology, cath labs, gastroenterology departments, ambulatory, home, and sleep screening applications.
Patient monitoring devices market is mainly divided into following segments such as by-devices, by-end-users. Patient Monitoring market by-devices are classified into cardiac monitors, fetal, prenatal and neonatal monitors, hemodynamic monitors, multi-parameter monitors, neurological monitors, respiratory monitors, remote patient monitors, micro electromechanical systems-based monitors, temperature and weight monitors. PM market by-end-users are divided into medical centers and medical specialist, primary healthcare and community healthcare centers, laboratories and diagnostic centers and home-based users.
Patient monitoring devices are requisite part of medical team for every procedure i.e. operating in a clinic or multi specialty hospitals. The reduction in size of the monitors over the years through contemporary technologies and rising adoption of telemetry and remote monitoring has increased the growth of the patient monitoring devices. Cardiac monitoring segment commanded the largest share in global patient monitoring market for 2013 and is expected to maintain its strong share by 2019. Multi-parameter monitoring is the second largest share holder in the market. Moreover, respiratory monitoring and neurological monitors is the fastest growing segments due to rising incidence of respiratory and neuro-degenerative diseases and demand for portable devices.
The global patient monitoring devices market is expected to reach approximately $24,353 million by 2020 growing at CAGR of around 5.2%. Geographically, North America commands the largest share and is expected to record a healthy market share by $9,681 million by 2020. APAC is going to be one of the prominent regions for this market in coming years driven by healthcare awareness, high purchasing power and rising population.
1 EXECUTIVE SUMMARY 23
2 INTRODUCTION 26
2.1 KEY TAKE AWAYS 26
2.2 REPORT DESCRIPTION 26
2.3 MARKETS COVERED 28
2.4 STAKEHOLDERS 31
2.5 RESEARCH METHODOLOGY 31
2.5.1 MARKET SIZE ESTIMATION 32
2.5.2 MARKET CRACK DOWN & DATA TRIANGULATION 35
2.5.3 SECONDARY RESEARCH RESOURCES 36
2.5.4 PRIMARY RESEARCH RESOURCES 37
2.5.5 ASSUMPTIONS 37
3 MARKET ANALYSIS 38
3.1 INTRODUCTION 38
3.2 MARKET SEGMENTATION 39
3.3 FACTORS INFLUENCING MARKET 40
3.3.1 DRIVERS AND OPPORTUNITIES 41
3.3.1.1 Increasing geriatric population and rising incidences of lifestyle
diseases 41
3.3.1.2 Rise in sales of remote monitoring systems favoring reduced healthcare expenditure 41
3.3.1.3 Advancement of new technologies and less staff usage 42
3.3.1.4 Expansion of point-of-care devices 42
3.3.1.5 Emerging markets and low cost manufacturers 42
3.3.1.6 Advancement in wireless and sensor technologies 43
3.3.2 RESTRAINTS AND THREATS 43
3.3.2.1 Financial crisis 43
3.3.2.2 High pricing of devices 44
3.3.2.3 Reimbursement issues 44
3.3.2.4 Uncertain return of investment (ROI) 45
3.3.3 BURNING ISSUES 45
3.3.3.1 Thermal injuries caused by devices 45
3.3.4 WINNING IMPERATIVE 46
3.3.4.1 Wireless technology adoption at lower cost 46
3.4 PORTER’S FIVE FORCE ANALYSIS 46
3.4.1 THREAT OF NEW ENTRANTS 47
3.4.2 THREAT OF SUBSTITUTES 48
3.4.3 RIVARLY AMONG EXISTING COMPETITORS 48
3.4.4 BARGAINING POWER OF SUPPLIERS 48
3.4.5 BARGAINING POWER OF BUYERS 48
3.5 REGULATORY AFFAIRS 49
3.5.1 U.S. 49
3.5.2 EUROPE 50
3.5.3 CHINA 50
3.5.4 INDIA 51
3.5.5 JAPAN 51
3.6 MARKET SHARE ANALYSIS 52
3.7 UPCOMING TECHNOLOGIES 54
3.8 WEARABLE DEVICES 65
3.8.1 SOME OF THE RECENT WEARABLE DEVICES ARE: 66
3.9 OLDER ADULT PATIENT MONITORING DEVICES 71
3.9.1 SOME OF THE DEVICES USED BY OLDER ADULTS 72
4 GLOBAL PATIENT MONITORING SYSTEM MARKET, BY DEVICE 73
4.1 INTRODUCTION 73
4.2 CARDIAC MONITORS 76
4.2.1 ELECTROCARDIOGRAM 79
4.2.2 EVENT MONITOR 81
4.2.3 CARDIAC OUTPUT MONITOR 82
4.2.4 HOLTER MONITOR 84
4.2.5 IMPLANTABLE LOOP RECORDER 85
4.3 HEMODYNAMIC MONITORS 87
4.3.1 BLOOD PRESSURE MONITORS 89
4.3.2 BLOOD GLUCOSE MONITORS 92
4.3.2.1 Single point blood glucose monitors 93
4.3.2.2 Continuous glucose monitoring devices 93
4.3.3 BLOOD GAS AND ELECTROLYTE ANALYZERS 95
4.4 MULTI-PARAMETER MONITORS 96
4.4.1 LOW ACUITY 98
4.4.2 MID ACUITY 100
4.4.3 HIGH ACUITY 101
4.5 NEUROLOGICAL MONITORS 102
4.5.1 ELECTROENCEPHALOGRAM 105
4.5.2 TRANSCRANIAL DOPPLER 107
4.5.3 MAGNETOENCEPHALOGRAPH 109
4.5.4 CEREBRAL OXIMETRY MONITORS 111
4.5.5 INTRACRANIAL PRESSURE MONITORS 112
4.6 PRENATAL, FETAL AND NEONATAL MONITORS 114
4.6.1 ULTRASOUND AND ULTRASONOGRAPHY 116
4.6.2 FETAL DOPPLER 118
4.6.3 FETAL MAGNETIC RESONANCE IMAGING 120
4.6.4 FETAL MONITORS 121
4.6.5 INFANT WARMERS AND INCUBATORS 123
4.6.6 PHOTOTHERAPY EQUIPMENT 125
4.6.7 NEONATAL MONITORING DEVICE 126
4.6.8 RESPIRATORY ASSISTANCE AND MONITORING DEVICES 128
4.7 RESPIRATORY MONITORING DEVICES 129
4.7.1 CAPNOGRAPHS 132
4.7.2 SPIROMETER 134
4.7.3 ANESTHESIA MONITORS 135
4.7.4 SLEEP APNEA MONITORS 136
4.7.5 PULSE OXIMETERS 138
4.8 REMOTE PATIENT MONITORING DEVICES 140
4.8.1 HEMODYNAMIC MONITORING DEVICES 143
4.8.2 NEUROMONITORING DEVICES 144
4.8.3 CARDIAC MONITORING DEVICES 145
4.8.4 MULTI-PARAMETER MONITORING DEVICES 146
4.8.5 OTHERS 147
4.9 MICRO-ELECTROMECHANICAL SYSTEMS 148
4.9.1 ACCELEROMETERS 151
4.9.2 GYROSCOPES 153
4.9.3 PRESSURE SENSORS 154
4.9.4 CHEMICAL AND GAS SENSORS 155
4.9.5 THERMAL IR SENSORS 156
4.9.6 OPTICAL MEMS 157
4.9.7 RF MEMS 158
4.9.8 MICROFLUIDIC CHIPS 160
4.9.9 SILICON MICROPHONES 161
4.9.10 OTHERS 163
4.10 TEMPERATURE MONITORING DEVICES 164
4.10.1 MERCURY-FILLED THERMOMETERS 166
4.10.2 DIGITAL THERMOMETERS 167
4.10.3 INFRARED THERMOMETERS 169
4.10.4 THERMOMETER STRIPS 170
4.11 WEIGHT MONITORING DEVICES 171
5 GLOBAL PATIENT MONITORING SYSTEM MARKET, BY END-USERS 173
5.1 INTRODUCTION 173
5.2 MEDICAL CENTRE AND MEDICAL SPECIALIST 175
5.3 PRIMARY HEALTHCARE AND COMMUNITY HEALTHCARE CENTER 176
5.4 LABORATORIES AND DIAGNOSTIC CENTERS 177
5.5 HOME-BASED USERS 178
6 REGIONAL MARKET ANALYSIS 181
6.1 INTRODUCTION 181
6.2 NORTH AMERICA 182
6.2.1 U.S. 194
6.3 EUROPE 195
6.4 ASIA-PACIFIC 208
6.5 REST OF THE WORLD 220
7 COMPANY DEVELOPMENTS 233
7.1 INTRODUCTION 233
7.1.1 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES AS A MAJOR GROWTH STRATEGY OF PATIENT MONITORING PLAYERS 234
Summary: Get latest Market Research Reports on Patient Monitoring . Industry analysis & Market Report on Patient Monitoring is a syndicated market report, published as Patient Monitoring Global Market – Forecast To 2020. It is complete Research Study and Industry Analysis of Patient Monitoring market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.