Global Patient Monitoring Equipment Market Drivers, Trends and Opportunities Forecasts from 2017 to 2022

Executive Summary

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The 2016 study has 615 pages, 365 tables and figures. Worldwide Patient Monitoring markets are poised to achieve significant growth as a resurgence in tracking vital signs extends from the intensive care unit ICU and emergency department to all areas of the hospital, to patient transport venues, and to home outpatient treatment locations.

The patient monitoring platform is modular, integrating various components. Modular systems are developed in the context of consideration of probable specifications for the interaction of system components. Patient Monitoring systems are making a market resurgence because smaller, lighter, wireless units are less costly and more valuable in the context of treatment evaluations and recommendations. People who have cardiac or respiratory difficulty have more treatment options, making more extensive patient monitoring useful.

Designs take into consideration users with mild, moderate, and severe chronic disease condition restrictions. Users come from chronic disease groups and older age groups.

The core of a patient monitoring platform is an integration of separate vital signs detection sensors that form a system that supports adapting to numerous clinical requirements. Modules implement ways to determine patient condition. Market driving forces for multi-parameter and specialized vital signs patient monitors relate to more societal willingness to pay for vigilance, an increase in vigilance of sick people at risk. Cardiac and respiratory symptoms are measured as vital sign shifts by patient monitors.

Symptoms are represented by shifts in vital sign monitoring that measures disease conditions impacted deterioration of patient well-being. The monitoring is frequently done in conjunction with blood work.

There is a lot of complexity in determining the meaning of the patient monitor vital signs measurements. 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.

Vital signs monitoring is a way to get a window into patient condition that can provide alerts when a small change signals a possible shift in patient condition. Hospital cardiac patient monitoring technology is a vital aid in providing treatment for severely ill patients.

Alerts can be used to take action before a patient gets even more seriously ill. Hospital and outpatient 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 home is a way to avoid a hospital stay. Appropriate treatment of chronic conditions is difficult and is essential to helping people protect quality of life after recovery from a serious illness.

“Revitalization of patient monitor markets is occurring because units are smaller, less costly, and more useful across a variety of venues. Patient monitoring is moving toward the ability to help with wellness and to participate in the wearables markets.” As people shift resource toward medical treatment, patient monitoring equipment becomes a priority.

Lifestyle is supported by patient monitoring products that support earlier detection of disease conditions. Increasing market share has been achieved by providing value to the clinicians. The technical expertise of the sales force, the effectiveness of the distribution system, the strength of the dealers, and the availability of prompt and reliable service for products when addressed are able to help patient monitor vendors achieve competitive advantage.

Patient monitor markets at $11 billion in 2015 are anticipated to reach $26.2 billion by 2022. Strong growth is predicated on the increasing reliance on multi-parameter patient monitors in every bed of the hospital, in multiple areas of specialized clinics, and in many rehab centers.

Market growth occurs with the expansion of multi-parameter patient monitors connected to a central station beyond the intensive care unit to all floors of a hospital. Clinical care depends on monitoring. Vital signs monitors transmit data wirelessly directly to the electronic patient record, generating alerts if data is outside preset parameters. Patient monitors are expanding the use base in the hospital and expanding use in rehab centers, clinical settings, and home.

Companies Profiled

Market Leaders

Philips

General Electric (GE)

Drager

Nihon Kohden

Fukuda Denshi

Hill-Rom / Welch Allyn

Mindray Medical

OSI / Spacelabs

Viterion

Maquet

Penlon

Criticare Systems

Medtronic

Biotronic

Care Innovations

Sotera

Mortara Instrument

Market Participants

Abbott Labs

Alten Calsoft Labs

AMD Global Telemedicine

American Telecare

Boston Scientific

BPL Group / Penlon

Cardiocom

CardioNet

Care Innovations

Criticare Technologies

eCaring

Getinge Group / Maquet

Guangdong Biolight Meditech Co.,

Ltd.

HealthSense

Honeywell

Infinium

LifeWatch

Medtronic

NSD / Viterion

Opto Circuits

BPL Group / Penlon

Qualcomm Incorporated

Roche

Schiller

Sotera Wireless

Smiths Medical

St. Jude Medical

Vitaphone

Key Topics

Patient Monitoring Systems

Monitoring Market Driving Forces

Hospital Cardiac Monitoring

Vital Signs Monitors

Monitoring Modular systems

Transforming Health Care Landscape

Multi-Parameter Patient Monitor

Wireless Patient Monitoring

Hospital Cardiac Patient Monitoring

Vital Signs

Wrist Monitors

Pulse Oximeter Monitors

Telemedicine

Pulse Wave Transit Time PWTT

Remote Patient Monitoring
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Some Major Points from Table of Content:

Table of Contents
Patient Monitoring Systems Executive Summary 33
Patient Monitoring Systems Market Driving Forces 33
Hospital Cardiac Patient Monitoring Company and Technology Challenges 36
Patient Monitoring Market Shares 37
Patient Monitoring Market Forecasts 39

1 Patient Monitoring Market Description And Market Dynamics 41
1.1 Transforming Health Care Landscape Provides Opportunity 41
1.1.1 Quality Healthcare Delivery 46
1.2 Advances In Remote Patient Monitoring 46
1.3 Vendor Positioning in Hospital Patient Cardiac Monitors 47
1.3.1 Improving Supply Chain Efficiency 48
1.3.2 Vendors Seek to Become More Competitive 48
1.4 Multi-Parameter Patient Monitor Market Shares and Market Forecasts 49
1.5 Healthcare Markets 50
1.6 Wireless Patient Monitoring 53
1.6.1 Wireless Patient Monitoring Category 54

2 Patient Monitoring Systems Market Shares And Market Forecasts 55
2.1 Patient Monitoring Systems Market Driving Forces 55
2.1.1 Hospital Cardiac Patient Monitoring Company and Technology Challenges 58
2.1.2 Lives Improved: Striving to Make the World Healthier and More Sustainable Through Innovation 60
2.1.3 Addressing Patient Monitoring Technology Challenges: Social and Ecological Approach 61
2.2 Patient Monitoring Market Shares 69
2.2.1 Philips Healthcare 72
2.2.2 Philips IntelliVue MX40 73
2.2.3 GE Healthcare 74
2.2.4 Nihon Kohden Dominating High-Tech Asia-Pacific Patient Monitoring Market, 74
2.2.5 Fukuda Denshi 75
2.2.6 Drägerwerk 76
2.2.7 Getinge Group / Maquet 77
2.2.8 Mindray Medical International 77
2.2.9 Penlon 78
2.2.10 Honeywell Life Care Solutions 78
2.3 Patient Monitoring Market Forecasts 79
2.4 Patient Monitor Equipment Market Segments Market Share and Forecasts 82
2.4.1 Competitive Analysis 83
2.4.2 Patient Monitor Market Segments 86
2.4.3 Patient Monitor Segments by Company 87
2.4.4 Central Stations 90
2.4.5 Bedside Monitoring 97
2.4.6 Neonatal Monitoring Features 104

3 Patient Monitoring Products 140
3.1 Philips Patient Monitors 140
3.1.1 Philips IntelliVue MX40 141
3.1.2 Philips IntelliVue MX400 143
3.1.3 Philips Neonatal Monitoring Features 152
3.1.4 Philips IntelliVue MX800 154
3.1.5 Philips IntelliVue MP2 155
3.1.6 Philips IntelliVue MP5 156
3.1.7 Philips IntelliVue MX700 157
3.1.8 Philips IntelliVue MMS X2 158
3.1.9 Philips IntelliVue MX500 159
3.1.10 Philips IntelliVue MX550 160
3.1.11 Philips IntelliVue MX450 161
3.1.12 Philips IntelliVue MP90 162
3.1.13 Philips IntelliVue MP5SC 163
3.1.14 Philips SureSigns VSi 164
3.1.15 Philips SureSigns VM1 165
3.1.16 Philips SureSigns VS3 165
3.1.17 Philips SureSigns VS2+ 166
3.1.18 Philips SureSigns VS4 167

4 Patient Monitoring Research And Technology 416
4.1 Partners Healthcare 416
4.1.1 Partners HealthCare Focus Areas: 417
4.1.2 Partners Healthcare Digital Care Delivery 418
4.1.3 Partners Healthcare Patient Segmentation 418
4.1.4 Partners Healthcare Research and Evaluation Team 419
4.1.5 Partners Healthcare Sample Recent Telemonitoring Projects 421
4.1.6 Programs in Heart Failure, Hypertension, Diabetes and Other Chronic Conditions 421
4.1.7 Partners Healthcare Center for Connected Health 423
4.2 Veteran’s Administration (VA) 424
4.3 Philips IntelliBridge Technology 424
4.3.1 Technology to Monitor Patients on the Move 425
4.4 GE Carescape V100 Dinamap Technology 425
4.5 Nihon Kohden 426
4.5.1 Nihon Kohden Pulse Wave Transit Time PWTT technology 428
4.6 Roche and Qualcomm Collaborate To Innovate Remote Patient Monitoring 434
4.7 Wireless Cardiac “Patch” 435
4.7.1 Flexible Circuit Board 436
4.7.2 Wireless Heart-Monitoring Devices 436
4.8 Wireless Sensor Network Architecture 438
4.9 Statistics Describing Telemedicine Market 439
4.9.1 Congestive Heart Failure 439
4.9.2 Diabetes Chronic Illness Numbers 442

5. Patient Monitoring Company Description 470
5.1 Abbott Labs 470
5.2 Alten Calsoft Labs 473
5.2.1 Alten Calsoft LabsRevenue 473
5.3 AMD Global Telemedicine 474
5.4 American Telecare 474
5.5 Biotronik 474
5.5.1 Biotronik Business Areas Of Electrotherapy And Vascular Intervention 475
5.5.2 Biotronik Electrotherapy 475
5.5.3 Biotronik Vascular Intervention 476
5.5.4 Biotronik CHF Study 477
5.6 Boston Scientific 478
5.6.1 Boston Scientific / AMS Portfolio Acquisition 479
5.6.2 Boston Scientific Cardiovascular Interventional Cardiology 480
5.6.3 Boston Scientific Cardiac Rhythm Management 480
5.6.4 Electrophysiology 481
5.7 BPL Group / Penlon 481
5.7.1 Penlon Secures Investment From Leading Indian Medical Devices Company 482
5.7.2 BPL Medical Technologies 483
5.7.3 Penlon 483
5.8 Cardiocom 484
5.9 CardioNet 486

List of Tables and Figures

Table ES-1 Cardiac Patient Monitoring Market Driving Forces 34
Table ES-2 Cardiac Patient Monitoring Market Factors 36
Figure ES-3 Patient Monitors Market Shares, Dollars, 2015 38
Figure ES-4 Patient Monitoring Forecasts, Dollars, Worldwide, 2016-2022 40
Table 1-1 Transforming Healthcare Market Landscape 42
Table 1-2 Transforming Healthcare Market Functions 43
Table 1-3 Transforming Healthcare Continuum 44
Figure 1-4 Transforming Healthcare Market Landscape 45
Figure 1-5 Typical Patient Parameters Monitored 52
Table 2-1 Cardiac Patient Monitoring Market Driving Forces 56
Table 2-2 Cardiac Patient Monitoring Market Factors 58
Table 2-3 Patient Monitoring Technology Challenges: Wearables 62
Table 2-4 Patient Monitoring Technology Challenges: Systems Integration 63
Table 2-5 Patient Monitoring Technology Challenges: Wireless Communications 64
Table 2-6 Patient Monitoring Technology Challenges: Analytics 65
Table 2-7 Patient Monitoring Technology Challenges: Quality 67
Figure 2-8 Patient Monitors Market Shares, Dollars, 2015 70
Table 2-9 Patient Monitoring Market Shares, Units and Dollars, Worldwide, 2015 71
Table 2-10 Philips Patient Monitoring Portfolio Targets 72
Figure 2-11 Philips IntelliVue MX40 73

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