New Forecast Shows Patient Monitoring Systems Market to Reach $18.9 billion by 2016
Increasing aging population, rising rates of disease, and shift to home and remote monitoring all to contribute to a 5.9% CAGR
FARMINGTON, Conn., May 9, 2012 /PRNewswire-iReach/ -- Global Information Inc. is pleased to announce two significant new reports tracking the growth in the patient monitoring systems market:
Electronic Blood Pressure Monitors: Devices, Players, Markets and Forecasts
The convergence of new measurement technologies, patient demographics and managed care cost initiatives is driving patient monitoring away from caregiver facilities and into patients' homes. With approximately 1 billion people worldwide suffering from high blood pressure, at-home blood pressure monitoring is a critical tool in reducing the negative healthcare impacts of chronic diseases. With technological advances providing accurate readings in a format that consumers can understand, electronic blood pressure monitors can clearly indicate when a follow-up visit to a caregiver is needed.
Greystone Research Associates new market research report, Electronic Blood Pressure Monitors: Devices, Players, Markets and Forecasts, analyzes and evaluates electronic blood pressure monitoring products and assesses market potential and commercialization risks and opportunities. This report also provides market forecasts for key market segments through 2016, profiles market participants, their technology, product development activity, and business strategies.
An Executive Summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/grey239812-electronic-blood-pressure-monitors-devices-players.html
Patient Monitoring Systems Market (2011 - 2016) - Global Trends, End-user & Value-Volume Analysis
Driven by an increasing aging population, rising incidences of lifestyle diseases, home and remote monitors, and the increasing portability of equipment, the market for Patient Monitoring systems is poised to grow at a CAGR of 5.9% from 2011 to 2016 to reach 18.9 billion by 2016. Markets and Markets new forecast for the Patient Monitoring Systems Market (2011 – 2016) demonstrates that growth is restricted to a certain extent by adverse economic conditions in the Western markets, which will compel companies to focus on Eastern markets.
Government policies implemented to reduce patient stay in hospitals accounts for a 2.8% share drop in hospital monitoring systems, but the market for home monitoring - currently accounting for a 38.3% share of the patient monitoring market – will see rapid growth in the coming 4 years. This report explores the future of both market segments, as well as exploring key players in depth, including Philips Healthcare, GE Healthcare, and MindRay Medical, and offers over 250 tables and images laying out a comprehensive overview of the marketplace.
An Summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/mama239654-patient-monitoring-systems-market-2011-2016-global.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia Global Information, Inc., 860-674-8796, [email protected]
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SOURCE Global Information, Inc.
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