The report analyzes and
presents an overview of " Hospital Patient Multi-Parameter
Monitors: Market Shares, Strategies, and Forecasts, Worldwide, 2013
to 2019
"
worldwide.
WinterGreen
Research announces that it has published a new study
Hospital Patient Multi -Parameter Monitors:
Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019. The
study has 230 pages, 102 tables and figures. Whereas cardiac monitor
units were initially used in newly created critical care units, now
many patients with primary disease conditions other than cardiac
disease also have complications that affect the heart and therefor
need monitoring in other parts of the hospital.
The
hospital cardiac patient monitoring industry is evolving rapidly and
is becoming increasingly competitive as more parameters are monitored
and integration with the electronic patient record occurs. This is
the basis on which vendor share shifts, with Philips gaining share in
recent years. Companies with substantial resources are poised to
enter the market, probably through acquisition. Vendors are poised to
face increased competition even as market consolidation occurs.
Shortness
of breath is a common symptom of cardiac disease. It is frequently
misdiagnosed as a respiratory symptom or ignored by patients and is
not even considered a symptom. Hospital cardiac patient monitoring
can detect arrhythmias and get people to treatment faster before it
is too late to correct heart failure.
Early
detection of a problem in the hospital and consequent treatment is
essential. Hospital cardiac patient monitoring technology is a vital
aid in providing that treatment. Hospitals and clinicians have
increased access to devices in every department of the hospital and
during transport as insurers realize the value of detecting and
treating cardiac symptoms as they occur, rather than waiting until
the patient condition has deteriorated. .
Cardiac
patient monitoring is evolving as systems become smaller and offer
more functionality. Cardiac patient monitoring market driving forces
still relate to reimbursement by CMS and private insurance carriers
in the US and by nationalized systems in other places. The principal
competitive factors that impact the success of cardiac monitoring
solutions include the parameters discussed in the market research
study:
According
to Susan Eustis, lead author of the WinterGreen Research team that
prepared the Hospital Patient Multi -Parameter Monitors market
research study, "Hospital cardiac patient monitoring technology
companies are struggling to achieve a focus on health delivery and
well-being initiatives. Vendors strive for a balanced portfolio of
businesses that can attain global leadership positions. Vendors seek
to deliver performance above benchmark levels. Challenges are
influencing hospital cardiac patient monitoring business activities.
When
chronic disease conditions are treated early on when there is an
early change in patient condition an early intervention can make a
difference. It is even better to treat patients in a wellness
treatment environment before there are indications of chronic
disease, before symptoms develop, by addressing lifestyle issues
early on.
Global
hospital cardiac patient monitoring devices market at $3.8 billion in
2012 is forecast to reach at $5.3 billion by 2019 at a growth rate of
5.5% during the analysis period. Growth continues as market
penetration into all areas of the hospital expands. The installed
base continues to grow as replacement of units is stretched to 12
years and beyond.
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Companies Profiled
Market Leaders
Philips
Nihon Kohden
OSI / SpaceLabs
Opto Circuits / Criticare
Systems
General Electric (GE)
Mindray
Fukuda DenshiFukuda Denshi
Market Participants
Schiller
Opto Circuits
Criticare Systems
Mortara
Biolight
Mindray
Guangdong Biolight Meditech
Drager
Cardiac Science
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Lighting Community
Manganese dioxide
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Microgenerator Transforms
Mechanical Energy
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Pressure Of A Finger
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Solid State Technology
Microgenerator
Power Source Of Sensor
Sensor node
Vibration Patient
Monitoring
Photovoltaics
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Energy Scavenging
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Capture Of Ambient Energy
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Energy Harvesters
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Materials
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Internet of Things
IoT
Powering Current Sensors
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