Advanced Remote Patient Monitoring Systems, 7th Edition
LONDON, Feb. 9, 2015 /PRNewswire/ -- For their potential to reduce healthcare costs and improve patient outcomes, patient monitoring systems with advanced capabilities are among the fastest-growing devices in terms of revenue growth. In recent years, there's been demand from healthcare organizations for monitors with remote reporting functions and EMR transfer.
This Kalorama Information report, Advanced Remote Patient Monitoring Systems, is a comprehensive study on the patient monitoring industry, including the advanced system with remote and wireless capability to includes patient monitoring equipment and devices which have advanced features. The report specifically focuses on technologically advanced (including wireless and remote) patient monitors; monitors with patient data processing applications; and monitors which are capable of data transfer to an EMR system-including equipment and peripherals which coordinate the flow of data to hospital electronic medical record systems. For the most part, devices covered in this report can: 1) provide monitoring information beyond a patient room; and 2) provide data for an EMR system or are expected to add such features within the forecast period.
This report provides complete market sizes and revenue breakouts for the important segments of the advanced monitoring market. For the purpose of this report, three general areas of advanced patient monitoring are covered.
These include:
Blood Management and Function Monitors Glucose Monitor, Blood Pressure Monitor, PT/INR, Other
Cardiac Event and Function Monitors Cardiac Event, EKG/ECG
Neurological Event Monitors
Respiratory Function Monitors Anesthesia General Sleep Apnea
For each major category area the report contains market size and forecast. Company market share is provided for each major category.
In this report, in order to reflect coverage of the broad range of patient monitoring products, The advanced patient monitoring market is segmented into two general end-user markets: hospital/acute care facilities and the telehome or Telemedicine market (which includes both home/mobile care devices). Hospitals and acute care include inpatient facilities (ie. Hospitals, trauma centers, etc.), surgery centers, burn units, urgent care clinics and other similar establishments. The Telemedicine or telehome (home/mobile care) segment includes home healthcare, assisted living homes, first responders, and other institutions. The report breaks out the market for patient monitoring systems by end user:
Hospital Patient Monitoring
Telemedicine Patient Monitoring
Businesses can use this report to plan based on the category they want to focus their research effort on.
Global Coverage of Markets and Key Trends
This truly worldwide report contains segmentation of the global market for the industry, including market estimates for US, Europe, Japan, China and Brazil. The U.S. market is also covered in detail with an entire section of market analysis just for patient monitoring in the world's largest healthcare system.
A number of trends will be important for market-watchers to understand to fully assess the opportunity available. Issues and trends driving the market for patient monitoring, particularly advanced patient monitoring include:
Increasing life expectancy
Global healthcare trends
Healthcare expenditures
American Reinvestment and Recovery Act of 2009
Health Insurance Portability and Accountability Act (HIPAA)
Healthcare Efficiency
Capacity Challenges
Decreasing Resources
Mental Health Assessments and Telemedicine
Acceptance of Mobile Technologies
Advanced Patient monitoring systems are defined by the tasks they can perform. Software enables these tasks, and represents important markets on their own. This report contains coverage of these aspects of the market, with market size and forecast assessments.
Patient Data Processing Applications and Equipment: uses algorithms to evaluate monitoring measurements for a patient's specific condition(s). Usually, these can be customized by the physician, with reports sent to the physician. In the market for advanced patient monitoring systems, the applications and equipment are either integrated into the patient monitoring system or are add-ons to the measuring systems.
EMR Data Transfer Equipment and Applications: described in the report as either components of, or add-ons to, patient monitoring systems. This report does not include EMR software. In general, the applications in this segment transfer data to third-party EMRs. The base year is 2012, with forecasts provided for each year through 2017. The market was evaluated via a combination of disease prevalence trends, population trends, device innovations, federal and industry standards and regulations. Both primary and secondary sources were consulted in developing market estimates.
Extensive Company Coverage
There are a considerable number of companies offering some form of wireless and remote technologies, patient data processing applications and equipment, and EMR data transfer equipment. A select few are profiled in this report including:
Introduction
Abbott Laboratories
Aerotel Medical Systems
Alere
AMD Global Telemedicine
American TeleCare
AuthentiDate
B. Braun
Baxter
Bosch
Boston Scientific
C.R. Bard
Cardiocom
Carematix
Compumedics .
Covidien
Criticare Systems
Dräger Medical
GE Healthcare
Getinge Group
GlobalMed Group
Hoana Medical
Honeywell HomMed
Infinium Medical
InTechnology
Intel Corporation
InTouch Health
Johnson & Johnson
LIFEWATCH
Masimo
MEDTRONIC
Mindray
Nihon Kohden
Omron Healthcare
OSI Systems
PHILIPS HEALTHCARE
Proteus Digital Health
Roche
Schiller
Second Opinion Telemedicine .
Smiths Medical
St. Jude Medical
Welch Allyn
Telephone interviews and email correspondence were the primary method of gathering information. For the purpose of this study Kalorama Information conducted interviews with more than 100 key industry officials, consultants, health care providers, and government personnel. These sources were the primary basis in gathering information specifically relating to revenue and market share data presented in this report. Specific interviews with IT company representatives included marketing directors, division managers, and product representatives. Secondary sources such as company literature, databases, investment reports, and medical, information technology and business journals were used to complement primary information.
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