Hospital Patient Multi -Parameter Monitors: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019

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Research and Markets

05 Feb, 2014, 03:00 GMT

DUBLIN, February 5, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/j77sr7/hospital_patient) has announced the addition of Wintergreen Research, Inc's new report "Hospital Patient Multi -Parameter Monitors: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019" to their offering.

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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:

Key Topics Covered:

1. PATIENT MONITORING MARKET DESCRIPTION AND MARKET DYNAMICS

2. HOSPITAL MULTI-PARAMETER PATIENT MONITOR MARKET SHARES AND MARKET FORECASTS

3. HOSPITAL MULTI-PARAMETER AND CARDIAC PATIENT MONITORING PRODUCT DESCRIPTION

4. MULTI-PARAMETER HOSPITAL PATIENT MONITOR TECHNOLOGY

5. HOSPITAL MULTI-PARAMETER PATIENT MONITOR COMPANY PROFILES

Companies Mentioned:

Market Leaders

  • Mindray
  • OSI / SpaceLabs
  • Fukuda Denshi
  • General Electric (GE)
  • Nihon Kohden
  • Opto Circuits / Criticare Systems
  • Philips

Market Participants

  • Biolight
  • Cardiac Science
  • Criticare Systems
  • Drager
  • Guangdong Biolight
  • Meditech
  • Mindray
  • Mortara
  • Opto Circuits
  • Schiller

For more information visit http://www.researchandmarkets.com/research/j77sr7/hospital_patient

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets