Future Of Patient Monitoring Market To 2015 --- Aarkstore Enterprise
The new report, "The Future of the Patient Monitoring Market to 2015" provides key data
, information and analysis on the global patient monitoring market. The report provides market landscape, competitive landscape and market trends information on five market categories including multiparameter patient monitoring, non-invasive blood pressure monitors, wireless and ambulatory monitoring micro-electromechanical systems and remote patient monitoring. This report provides comprehensive information on the key trends affecting these categories and key analytical content on the market dynamics. The report also reviews the competitive landscape in terms of pipeline products and technology offerings.
The Global Patient Monitoring Market Forecast to Exceed $8 Billion by 2015
It is estimated that the global market for patient monitoring systems was valued at around $7 billion in 2008. The market is forecast to exceed $8 billion by 2015 with a CAGR of 3%. The market is expected to be driven by the increasing need to control rising healthcare costs, technological advances and an aging population.
Increasing affordability of computer based monitoring is leading to large scale deployment of patient monitoring systems across all units within hospitals. Technological improvements are helping in meeting the demands of an increasing number of patients, and have also helped in reducing the need for healthcare professionals who need not be at the bed side of the patient all the time.
Multiparameter Patient Monitoring Systems and Non-Invasive Blood Pressure Monitors Are the Key Categories within the Global Patient Monitoring Market
Multiparameter patient monitoring systems and non-invasive blood pressure monitors market categories together accounted for 70% of the global patient monitoring market in 2008. The multiparameter patient monitoring systems market is expected to be driven by portability and ease of use of the systems. Such systems also improve economies of scale for the hospitals and the overall healthcare system in general. Non-invasive blood pressure monitors market is expected to be driven by increasing affordability and an increase in demand for home and self care products.
Economic Downturn in the Developed Economies Is Having a Negative Effect on Patient Monitoring Market
The economic downturn in the developed economies has forced hospitals to reduce their budgetary spend. Even the government sponsored healthcare agencies such as the UK National Health Service (NHS) are reducing their budgetary spend. The economic downturn has also resulted in millions of job losses which led to the loss of insurance for individuals in some economies such as the US. This is leading to a reduction in the affordability of the patients. Restrained spending by the institutions and low affordability of the individuals are restraining the growth in the patient monitoring market.
Remote Patient Monitoring Offers Solutions to the Rising Healthcare Costs
The global market for remote patient monitoring systems was valued at $0.26 billion in 2008 and is forecast to reach $0.34 billion in 2015 with a CAGR of 4%. In 2008, US healthcare expenditure was 16.6% of the GDP making it the highest in the developed economies. Healthcare expenditure across all the developed economies is expected to continue to rise for several years. Increasing incidence of chronic diseases in the general population is cited as one of the major factors behind the rising healthcare costs. By reducing the patient stay in the hospital, remote patient monitoring is controlling the rising healthcare costs. Remote monitoring of older patients in homecare settings is one of the preferable alternatives being implemented to tackle the rise in healthcare costs.
The new report, "The Future of the Patient Monitoring Market to 2015" provides key data, information and analysis on the global patient monitoring market. The report provides market landscape, competitive landscape and market trends information on five market categories including micro-electromechanical systems, multiparameter patient monitoring, non-invasive blood pressure monitors, remote patient monitoring and wireless and ambulatory monitoring. This report provides comprehensive information on the key trends affecting these categories, and key analytical content on the market dynamics. The report also reviews the competitive landscape in terms of mergers and acquisitions, pipeline products and technology offerings.
Scope
- The report covers data and analysis on the patient monitoring market in the leading geographies of the world the US, Canada, UK, Germany, France, Italy, Spain, Japan, China, India, Australia, and Brazil.
- The report covers global market size and company share data for five market categories including micro-electromechanical systems, multiparameter patient monitoring, non-invasive blood pressure monitors, remote patient monitoring and wireless and ambulatory monitoring.
- Annualized market revenues data from 2001 to 2008, forecast forward for 7 years to 2015. Updated company shares data for 2008.
- The report provides qualitative analysis of market drivers, restraints, future outlook and challenges by categories and segments.
- The report also covers information on the leading market players, the competitive landscape, and the leading pipeline products and technologies. Key companies covered include Philips Medical Systems, GE Healthcare, OMRON HEALTHCARE Co., Ltd., Drager Medical AG & Co. KG, Mindray Medical International Limited and Nihon Kohden Corporation
- Insight into the key mergers and acquisitions (M&As), partnerships, venture capital and private equity investments.
- The report is built using data and information sourced from proprietary databases, primary and secondary research and in house analysis by Global Markets Directs team of industry experts.
Reasons to buy
- Design and develop your product development, marketing and sales strategies by identifying key areas of growth.
- Exploit Mergers and Acquisitions (M&A) opportunities by identifying market players with the most innovative pipeline.
- Develop market-entry and market expansion strategies by identifying the emerging market categories and geographic markets poised for strong growth.
- Identify key players best positioned to take advantage of the emerging market opportunities by developing insight on the prevalent and anticipated competitive landscape.
- Exploit in-licensing and out-licensing opportunities by identifying products, most likely to ensure a robust return.
- Whats the next big thing in the patient monitoring market landscape? Identify, understand and capitalize.
- Make more informed business decisions from the insightful and in-depth analysis of the global patient monitoring market and the factors shaping it.
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http://www.aarkstore.com/reports/Future-of-Patient-Monitoring-Market-to-2015-16570.html
by: Aarkstore Enterprise
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