GBIME0084MR Patient Monitoring Devices Market to 2019 ... · Chapter five discusses remote patient monitoring devices, micro-electromechanical systems, patient monitoring accessories,

Patient Monitoring Devices Market to 2019 Increasing Investment in Healthcare Infrastructure in Emerging Economies Provides Significant Opportunity for Future Growth

GBI Research Report Guidance

© GBI Research. This is a licensed product and is not to be photocopied GBIME0084MR / Published JUNE 2013 Page 2

GBI Research Report Guidance

The report begins with an executive summary capturing the key points that determine the dynamics of the patient monitoring devices market. Competition in the industry and key categories, segments and geographical regions are also outlined.

Chapter two provides an introduction to the global patient monitoring devices report.

Chapter three provides a device overview for the global patient monitoring devices market.

Chapter four provides information on the market size for the historic period 2005 – 2012 and the forecast period 2012 – 2019. It also has information related to the patient monitoring devices market trends, market dynamics and the competitive landscape. In the market dynamics section, comprehensive information is provided on market drivers and restraints.

Chapter five discusses remote patient monitoring devices, micro-electromechanical systems, patient monitoring accessories, non-invasive blood pressure monitors, multiparameter patient monitoring, neonatal monitoring and fetal monitoring categories and their respective segments. Market size information for the 2005 – 2012 historic period and the 2012 – 2019 forecast period are discussed for each category along with market dynamics and competition. The company shares information for the micro-electromechanical systems category has not been covered.

Chapter six provides market size information for the 2005 – 2012 historic period and the 2012 – 2019 forecast period for the US, Canada, the UK, France, Germany, Italy, Spain, Japan, China, India, Australia and Brazil. A cross-country analysis of these countries is also discussed. The report does not provide market information on the Chinese RPM market as the device is not available for commercial use in China.

Chapter seven gives profiles on the leading patient monitoring device companies with the companies’ products, features and benefits.

Chapter eight focuses on the pipeline products in various categories. The key pipeline products are listed and discussed in detail and product approval and expected launch dates are also provided for a number of products.

Chapter nine discusses the consolidation landscape in the patient monitoring devices industry. This chapter looks at the total number of deals that took place during the 2008 – 2012 period.

© GBI Research. This is a licensed product and is not to be photocopied GBIME0084MR / Published JUNE 2013

Page 3

Executive Summary

Executive Summary

Global Patient Monitoring Devices Market is Forecast to Reach $XX Billion by 2019

Global Patient Monitoring Devices Market, Revenue ($bn), 2012 – 2019

2012 2019

Rev

enue

($bn

)

CAGR (2012 - 2019): XX%

Source: GBI Research’s proprietary database [Accessed February 7, 2013]; interviews with marketing managers and other industry experts

The global patient monitoring devices market was valued at $XX billion in 2012 and is forecast to exceed XX billion by 2019 at a Compound Annual Growth Rate (CAGR) of XX%. The market is primarily driven by the aging population worldwide. The aging population in turn increases the hospitalization rate, which increases the demand for patient monitoring devices. The worldwide increase in Gross Domestic Product (GDP) per capita leads to increasing healthcare expenditure, which in turn drives the market growth. Increasing investment on healthcare infrastructure in emerging economies by corporate groups provides significant opportunity for the future growth of the patient monitoring devices market.

The US Continues to be the Largest Market for Patient Monitoring Devices

The US is the largest market for patient monitoring devices, contributing XX% towards the global market in 2012. The US patient monitoring devices market was valued at $XX billion in 2012 and is forecast to reach $XX billion by 2018, growing at a CAGR of XX%. The US is primarily a replacement market for patient monitoring devices, due to pre-existing high penetration and limited scope for the addition of new hospitals. The country’s elderly population accounts for a large percentage of the population suffering from chronic diseases, leading to increased hospitalizations, and is expected to drive the future growth of the market. Remote Patient Monitoring (RPM) will continue to be the fastest growing segment due to the following benefits it provides: reductions in hospitalization rates, office follow-ups and healthcare expenditure. Improved patient safety and a shortage of healthcare professionals are the other major drivers for the future growth of the US RPM market.

The global patient monitoring devices market was valued at $XX billion in 2012 and is forecast to exceed XX billion by 2019 at a Compound Annual Growth Rate (CAGR) of XX%


Page 6

Table of Contents

1 Table of Contents

1 Table of Contents ................................................................................................................................. 6 1.1 List of Tables ............................................................................................................................10 1.2 List of Figures...........................................................................................................................13

2 Introduction........................................................................................................................................14 3 Patient Monitoring Devices: Overview .................................................................................................15

3.1 Remote Patient Monitoring ......................................................................................................15 3.1.1 External Remote Patient Monitoring Devices.....................................................................15 3.1.2 Implantable Remote Patient Monitoring Devices ...............................................................15

3.2 Micro-electromechanical Systems ............................................................................................15 3.3 Patient Monitoring Accessories ................................................................................................16

3.3.1 Non-invasive Blood Pressure Cuffs ....................................................................................16 3.3.2 Patient Monitoring Leads and Electrodes ..........................................................................16 3.3.3 Patient Monitoring Temperature Probes ...........................................................................16

3.4 Non-invasive Blood Pressure Monitors .....................................................................................17 3.4.1 Aneroid Sphygmomanometers..........................................................................................17 3.4.2 Digital Sphygmomanometers ...........................................................................................17 3.4.3 Mercury Sphygmomanometers .........................................................................................17

3.5 Multiparameter Patient Monitoring .........................................................................................17 3.5.1 High Acuity Monitors ........................................................................................................17 3.5.2 Low Acuity Monitors ........................................................................................................18 3.5.3 Mid Acuity Monitors .........................................................................................................18

3.6 Neonatal Monitors ...................................................................................................................18 3.7 Fetal Monitors .........................................................................................................................18

3.7.1 Antepartum Monitors.......................................................................................................18 3.7.2 Intrapartum monitors.......................................................................................................18

4 Global Patient Monitoring Devices Market: Market Characterization....................................................19 4.1 Global Patient Monitoring Devices Market, Revenue ($bn), 2005 – 2012 ...................................19 4.2 Global Patient Monitoring Devices Market, Revenue ($bn), 2012 – 2019 ...................................20 4.3 Global Patient Monitoring Devices Market, Key Company Shares (%), 2011 ...............................21 4.4 Global Patient Monitoring Devices Market: Key Trends .............................................................22

4.4.1 Integration of Wireless Technology with Patient Monitoring Devices .................................22 4.4.2 Key Players in Patient Monitoring Market adopt Inorganic Growth Strategy ......................24 4.4.3 Integration of Patient Monitoring with Hospital Information Systems for Improved Patient

Data Management ...........................................................................................................25 4.5 Patient Monitoring Devices: Market Dynamics..........................................................................26

4.5.1 Market Drivers .................................................................................................................26 4.5.2 Market Restraints ............................................................................................................30

5 Global Patient Monitoring Devices Market: Category Analysis and Forecasts ........................................31 5.1 Multiparameter Patient Monitoring Market, Global, Revenue ($bn), 2005 – 2012 ....................31 5.2 Multiparameter Patient Monitoring Market, Global, Revenue ($bn), 2012 – 2019 ....................32 5.3 Multiparameter Patient Monitoring, Global, Key Company Share (%), 2011...............................33 5.4 Multiparameter Patient Monitoring: Market Dynamics .............................................................34


5.5 Non-invasive Blood Pressure Monitors Market, Global, Revenue ($m), 2005 – 2012 .................35 5.6 Non-invasive Blood Pressure Monitors Market, Global, Revenue ($m), 2012 – 2019 .................36 5.7 Non-invasive Blood Pressure Monitors Market, Global, Key Company Shares (%), 2011 .............37 5.8 Non-invasive Blood Pressure Monitors: Market Dynamics .........................................................38

5.8.1 Market Drivers .................................................................................................................38 5.8.2 Market Restraint ..............................................................................................................38


Page 7

Table of Contents

5.9 Patient Monitoring Accessories Market, Global, Revenue ($m), 2005 – 2012 .............................39 5.10 Patient Monitoring Accessories Market, Global, Revenue ($m), 2012 – 2019 .............................40 5.11 Patient Monitoring Accessories Market, Global, Key Company Shares (%), 2011 ........................41 5.12 Patient Monitoring Accessories Market: Market Dynamics........................................................42


5.13 Micro-electromechanical Systems Market, Global, Revenue ($m), 2005 – 2012 .........................44 5.14 Micro-electromechanical Systems Market, Global, Revenue ($m), 2012 – 2019 .........................45 5.15 Micro-electromechanical Systems: Market Dynamics................................................................46

5.15.1 Market Driver ..................................................................................................................46 5.15.2 Market Restraint ..............................................................................................................46

5.16 Remote Patient Monitoring Market, Global, Revenue ($m), 2005 – 2012 ..................................47 5.17 Remote Patient Monitoring Market, Global, Revenue ($m), 2012 – 2019 ..................................48 5.18 Remote Patient Monitoring Market, Global, Key Company Share (%), 2011 ...............................49 5.19 Remote Patient Monitoring Market – Market Dynamics ..........................................................50


5.20 Neonatal Monitors, Global, Revenue ($m), 2005 – 2012 ...........................................................53 5.21 Neonatal Monitors Market, Global, Revenue ($m), 2012 – 2019 ...............................................54 5.22 Neonatal Monitors Market, Global, Key Company Share (%), 2011 ............................................55 5.23 Neonatal Monitors Market: Market Dynamics ..........................................................................56


5.24 Fetal Monitors Market, Global, Revenue ($m), 2005 – 2012 ......................................................57 5.25 Fetal Monitors Market, Global, Revenue ($m), 2012 – 2019 ......................................................58 5.26 Fetal Monitors Market, Global, Key Company Share (%), 2011 ..................................................59 5.27 Fetal Monitors Market: Market Dynamics.................................................................................60

5.27.1 Market Drivers .................................................................................................................60 5.27.2 Market Restraint ..............................................................................................................60

6 Global Patient Monitoring Devices Market: Country Analysis and Forecasts .........................................61 6.1 Patient Monitoring Devices Market: Cross-country Analysis ......................................................61 6.2 Historic and Forecast Revenue, by Country ...............................................................................63

6.2.1 Patient Monitoring Devices Market, US, Revenue ($bn), 2005 – 2012 ................................63 6.2.2 Patient Monitoring Devices Market, US, Revenue ($bn), 2012 – 2019 ................................64 6.2.3 Patient Monitoring Devices Market, Japan, Revenue ($m), 2005 – 2012.............................65 6.2.4 Patient Monitoring Devices Market, Japan, Revenue ($m), 2012 – 2019.............................66 6.2.5 Patient Monitoring Devices Market, China, Revenue ($m), 2005 – 2012 .............................67 6.2.6 Patient Monitoring Devices Market, China, Revenue ($m), 2012 – 2019 .............................68 6.2.7 Patient Monitoring Devices Market, Germany, Revenue ($m), 2005 – 2012 .......................69 6.2.8 Patient Monitoring Devices Market, Germany, Revenue ($m), 2012 – 2019 .......................70 6.2.9 Patient Monitoring Devices Market, France, Revenue ($m), 2005 – 2012 ...........................71 6.2.10 Patient Monitoring Devices Market, France, Revenue ($m), 2012 – 2019 ...........................72 6.2.11 Patient Monitoring Devices Market, the UK, Revenue ($m), 2005 – 2012 ...........................73 6.2.12 Patient Monitoring Devices Market, the UK, Revenue ($m), 2012 – 2019 ...........................74 6.2.13 Patient Monitoring Devices Market, Australia, Revenue ($m), 2005 – 2012 ........................75 6.2.14 Patient Monitoring Devices Market, Australia, Revenue ($m), 2012 – 2019 ........................76 6.2.15 Patient Monitoring Devices Market, Italy, Revenue ($m), 2005 – 2012 ...............................77 6.2.16 Patient Monitoring Devices Market, Italy, Revenue ($m), 2012 – 2019 ...............................78 6.2.17 Patient Monitoring Devices Market, Spain, Revenue ($m), 2005 – 2012 .............................79 6.2.18 Patient Monitoring Devices Market, Spain, Revenue ($m), 2012 – 2019 .............................80 6.2.19 Patient Monitoring Devices Market, Brazil, Revenue ($m), 2005 – 2012 .............................81 6.2.20 Patient Monitoring Devices Market, Brazil, Revenue ($m), 2012 – 2019 .............................82


Page 8

Table of Contents

6.2.21 Patient Monitoring Devices Market, Canada, Revenue ($m), 2005 – 2012 ..........................83 6.2.22 Patient Monitoring Devices Market, Canada, Revenue ($m), 2012 – 2019 ..........................84 6.2.23 Patient Monitoring Devices Market, India, Revenue ($m), 2005 – 2012 ..............................85 6.2.24 Patient Monitoring Devices Market, India, Revenue ($m), 2012 – 2019 ..............................86

7 Global Patient Monitoring Devices Market: Competitive Assessment ...................................................87 7.1 Philips Healthcare ....................................................................................................................88

7.1.1 Business Overview ............................................................................................................88 7.1.2 Marketed Products ...........................................................................................................88

7.2 GE Healthcare ..........................................................................................................................89 7.2.1 Business Overview ............................................................................................................89 7.2.2 Marketed Products ...........................................................................................................89

7.3 Omron Healthcare Co., Ltd. ......................................................................................................90 7.3.1 Business Overview ............................................................................................................90 7.3.2 Marketed Products ...........................................................................................................90

7.4 Mindray Medical International Limited .....................................................................................91 7.4.1 Business Overview ............................................................................................................91 7.4.2 Marketed Products ...........................................................................................................91

7.5 Draegerwerk AG & Co. KGaA ....................................................................................................92 7.5.1 Business Overview ............................................................................................................92 7.5.2 Marketed Products ...........................................................................................................92

7.6 Nihon Kohden Corporation ......................................................................................................93 7.6.1 Business Overview ............................................................................................................93 7.6.2 Marketed Products ...........................................................................................................93

7.7 3M Health Care........................................................................................................................94 7.7.1 Business Overview ............................................................................................................94 7.7.2 Marketed Products ...........................................................................................................94

7.8 Covidien Plc. ............................................................................................................................95 7.8.1 Business Overview ............................................................................................................95 7.8.2 Marketed Products ...........................................................................................................95

7.9 OSI Systems, Inc. ......................................................................................................................96 7.9.1 Business Overview ............................................................................................................96 7.9.2 Marketed Products ...........................................................................................................96

7.10 Welch Allyn Inc. .......................................................................................................................97 7.10.1 Business Overview ............................................................................................................97 7.10.2 Marketed Products ...........................................................................................................97

7.11 A&D Medical ...........................................................................................................................98 7.11.1 Business Overview ............................................................................................................98 7.11.2 Marketed Products ...........................................................................................................98

7.12 Microlife Corporation...............................................................................................................99 7.12.1 Business Overview ............................................................................................................99 7.12.2 Marketed Products ...........................................................................................................99

7.13 Ambu A/S .............................................................................................................................. 100 7.13.1 Business Overview .......................................................................................................... 100 7.13.2 Marketed Products ......................................................................................................... 100

7.14 Fukuda Denshi Co., Ltd. .......................................................................................................... 101 7.14.1 Business Overview .......................................................................................................... 101 7.14.2 Marketed Products ......................................................................................................... 101

8 Global Patient Monitoring Devices Market: Product Pipeline Analysis ................................................ 102 8.1 Patient Monitoring Devices – Pipeline Products Summary ..................................................... 102

8.1.1 Multiparameter Patient Monitoring: Profiles of Key Pipeline Products ............................. 103 8.1.2 Multiparamter Patient Monitoring: List of Pipeline Products............................................ 116

8.2 Non-invasive Blood Pressure Monitors: Product Pipeline Analysis ........................................... 118


Page 9

Table of Contents

8.2.1 Non-invasive Blood Pressure Monitors: Profiles of Key Pipeline Products .......................... 118 8.2.2 Non-invasive Blood Pressure Monitors: List of Pipeline Products ...................................... 122

8.3 Micro-electromechanical Systems: Product Pipeline Analysis .................................................. 123 8.3.1 Micro-electromechanical Systems: Profiles of Key Pipeline Products................................. 123 8.3.2 Micro-electromechanical Systems: List of Pipeline Products ............................................. 124

8.4 Remote Patient Monitoring: Product Pipeline Analysis ............................................................ 125 8.4.1 Remote Patient Monitoring: Profiles of Key Pipeline Products .......................................... 125 8.4.2 Remote Patient Monitoring: List of Pipeline Products ...................................................... 133

8.5 Neonatal Monitors: Product Pipeline Analysis ......................................................................... 134 8.5.1 Neonatal Monitors: Profiles of Key Pipeline Products ....................................................... 134 8.5.2 Neonatal Monitors: List of Pipeline Products ................................................................... 136

8.6 Fetal Monitors: Product Pipeline Analysis ............................................................................... 137 8.6.1 Fetal Monitors: Profiles of Key Pipeline Products ............................................................. 137 8.6.2 Fetal Monitors: List of Pipeline Products.......................................................................... 139

9 Global Patient Monitoring Devices Market: Consolidation Landscape ................................................. 140 9.1 Patient Monitoring Devices Market: Deals by Count and Deal Value, 2007 – 2011 ................... 140 9.2 Key Deals: 2008 – 2012 .......................................................................................................... 143

9.2.1 Asahi Kasei’s Acquisition of Zoll Medical ......................................................................... 143 9.2.2 Draegerwerk’s Acquisition of the Remaining 25% Stake in Drager Medical from Siemens . 144 9.2.3 Covidien’s Acquisition of Oridion Systems........................................................................ 144 9.2.4 Covidien’s Acquisition of Somanetics ............................................................................... 145 9.2.5 3M’s Acquisition of Attenti Holdings from Francisco Partners .......................................... 145 9.2.6 Opto Circuits India’s Acquisition of Criticare Systems ....................................................... 145 9.2.7 Halma’s Acquisition of SunTech Medical Group ............................................................... 146 9.2.8 Philips Medical Systems’ Acquisition of Dixtal Biomedica e Tecnologia ............................. 147 9.2.9 Philips Medical’s Acquisition of Shenzhen Goldway Industrial .......................................... 147 9.2.10 ConvaTec’s Acquisition of AbViser Medical ...................................................................... 147

10 Appendix .......................................................................................................................................... 149 10.1 Definitions ............................................................................................................................. 149

10.1.1 Patient Monitoring Devices ............................................................................................ 149 10.2 Acronyms .............................................................................................................................. 151 10.3 Sources.................................................................................................................................. 153 10.4 Research Methodology .......................................................................................................... 156

10.4.1 Secondary Research ....................................................................................................... 156 10.4.2 Primary Research ........................................................................................................... 156 10.4.3 Models .......................................................................................................................... 157 10.4.4 Forecasts ....................................................................................................................... 157 10.4.5 Expert Panels ................................................................................................................. 157

10.5 Contact Us ............................................................................................................................. 158 10.6 Disclaimer.............................................................................................................................. 158


Page 10

Table of Contents

1.1 List of Tables

Table 1: Global Patient Monitoring Devices Market, Revenue ($bn), 2005 – 2012 ..................................19 Table 2: Global Patient Monitoring Devices Market, Revenue ($bn), 2012 – 2019 .................................20 Table 3: Global Patient Monitoring Devices Market, Company Revenue ($m), 2011 ...............................21 Table 4: Wireless Patient Monitoring Devices, Pipeline Products, Examples ...........................................23 Table 5: Central Patient Monitoring Devices, Examples .........................................................................25 Table 6: BRICS Per Capita Total and Government Expenditure on Health (PPP in $), 2000 – 2009 ...........26 Table 7: Total Expenditure on Health as a % of GDP, Emerging Countries, 2000 – 2009 ..........................27 Table 8: Key Hospital Groups Planning Expansion in Tier II and Tier III Regions in India...........................28 Table 9: Estimated and Projected Distribution of the Population Aged 60 Years or Over in Asia and

Europe, 2012 – 2050 ...............................................................................................................29 Table 10: Budget of the US Government, Grants ($m), 2012 – 2013 ........................................................30 Table 11: Multiparameter Patient Monitoring Market, Global, Revenue ($bn), 2005 – 2012 ...................31 Table 12: Multiparameter Patient Monitoring Market, Global, Revenue ($bn), 2012 – 2019 ....................32 Table 13: Multiparameter Patient Monitoring Market, Global, Company Revenue ($m), 2011 .................33 Table 14: Non-invasive Blood Pressure Monitors Market, Global, Revenue ($m), 2005 – 2012 .................35 Table 15: Non-invasive Blood Pressure Monitors Market, Global, Revenue ($m), 2012 – 2019 .................36 Table 16: Non-invasive Blood Pressure Monitors Market, Global, Company Revenue ($m), 2011 .............37 Table 17: Patient Monitoring Accessories Market, Global, Revenue ($m), 2005 – 2012 ............................39 Table 18: Patient Monitoring Accessories Market, Global, Revenue ($m), 2012 – 2019 ............................40 Table 19: Patient Monitoring Accessories Market, Global, Company Revenue ($m), 2011 ........................41 Table 20: Micro-electromechanical Systems Market, Global, Revenue ($m), 2005 – 2012 ........................44 Table 21: Micro-electromechanical Systems Market, Global, Revenue ($m), 2012 – 2019 ........................45 Table 22: Remote Patient Monitoring Market, Global, Revenue ($m), 2005 – 2012..................................47 Table 23: Remote Patient Monitoring Market, Global, Revenue ($m), 2012 – 2019..................................48 Table 24: Remote Patient Monitoring Market, Global, Company Revenue ($m), 2011 .............................49 Table 25: Neonatal Monitors, Global, Revenue ($m), 2005 – 2012...........................................................53 Table 26: Neonatal Monitors, Global, Revenue ($m), 2012 – 2019...........................................................54 Table 27: Neonatal Monitors, Global, Company Revenue ($m), 2011 ......................................................55 Table 28: Fetal Monitors Market, Global, Revenue ($m), 2005 – 2012 .....................................................57 Table 29: Fetal Monitors Market, Global, Revenue ($m), 2012 – 2019 .....................................................58 Table 30: Fetal Monitors Market, Global, Company Revenue ($m), 2011 .................................................59 Table 31: Patient Monitoring Devices Market, Cross-country Analysis, Global, CAGR (%), 2005 – 2019 .....61 Table 32: Patient Monitoring Devices Market, US, Revenue ($bn), 2005 – 2012 .......................................63 Table 33: Patient Monitoring Devices Market, US, Revenue ($bn), 2012 – 2019 .......................................64 Table 34: Patient Monitoring Devices Market, Japan, Revenue ($m), 2005 – 2012 ...................................65 Table 35: Patient Monitoring Devices Market, Japan, Revenue ($m), 2012 – 2019 ...................................66 Table 36: Patient Monitoring Devices Market, China, Revenue ($m), 2005 – 2012 ...................................67 Table 37: Patient Monitoring Devices Market, China, Revenue ($m), 2012 – 2019 ...................................68 Table 38: Patient Monitoring Devices Market, Germany, Revenue ($m), 2005 – 2012 ..............................69 Table 39: Patient Monitoring Devices Market, Germany, Revenue ($m), 2012 – 2019 ..............................70 Table 40: Patient Monitoring Devices Market, France, Revenue ($m), 2005 – 2012 .................................71 Table 41: Patient Monitoring Devices Market, France, Revenue ($m), 2012 – 2019 .................................72 Table 42: Patient Monitoring Devices Market, the UK, Revenue ($m), 2005 – 2012 .................................73 Table 43: Patient Monitoring Devices Market, the UK, Revenue ($m), 2012 – 2019 .................................74 Table 44: Patient Monitoring Devices Market, Australia, Revenue ($m), 2005 – 2012 ..............................75 Table 45: Patient Monitoring Devices Market, Australia, Revenue ($m), 2012 – 2019 ..............................76 Table 46: Patient Monitoring Devices Market, Italy, Revenue ($m), 2005 – 2012 .....................................77 Table 47: Patient Monitoring Devices Market, Italy, Revenue ($m), 2012 – 2019 .....................................78 Table 48: Patient Monitoring Devices Market, Spain, Revenue ($m), 2005 – 2012 ...................................79 Table 49: Patient Monitoring Devices Market, Spain, Revenue ($m), 2012 – 2019 ...................................80 Table 50: Patient Monitoring Devices Market, Brazil, Revenue ($m), 2005 – 2012 ...................................81 Table 51: Patient Monitoring Devices Market, Brazil, Revenue ($m), 2012 – 2019 ...................................82 Table 52: Patient Monitoring Devices Market, Canada, Revenue ($m), 2005 – 2012 ................................83 Table 53: Patient Monitoring Devices Market, Canada, Revenue ($m), 2012 – 2019 ................................84 Table 54: Patient Monitoring Devices Market, India, Revenue ($m), 2005 – 2012 ....................................85 Table 55: Patient Monitoring Devices Market, India, Revenue ($m), 2012 – 2019 ....................................86 Table 56: Philips Healthcare, Key Marketed Products, Patient Monitoring Devices, 2013 .........................88


Page 11

Table of Contents

Table 57: GE Healthcare, Key Marketed Products, Patient Monitoring Devices, 2013 ...............................89 Table 58: Omron Healthcare Co., Ltd., Key Marketed Products, Patient Monitoring Devices, 2013 ...........90 Table 59: Mindray Medical International Limited, Key Marketed Products, Patient Monitoring Devices,

2013 .......................................................................................................................................91 Table 60: Draegerwerk AG & Co. KGaA, Key Marketed Products, Patient Monitoring Devices, 2013 .........92 Table 61: Nihon Kohden Corporation, Key Marketed Products, Patient Monitoring Devices, 2013 ...........93 Table 62: 3M Health Care Ltd., Key Marketed Products, Patient Monitoring Devices, 2013 ......................94 Table 63: Covidien Plc, Key Marketed Products, Patient Monitoring Devices, 2013 ..................................95 Table 64: OSI Systems, Inc., Key Marketed Products, Patient Monitoring Devices, 2013 ...........................96 Table 65: Welch Allyn Inc., Key Marketed Products, Patient Monitoring Devices, 2013 ............................97 Table 66: A&D Medical, Key Marketed Products, Patient Monitoring Devices, 2013.................................98 Table 67: Microlife Corporation, Key Marketed Products, Patient Monitoring Devices, 2013 ....................99 Table 68: Ambu A/S, Key Marketed Products, Patient Monitoring Devices, 2013 ................................... 100 Table 69: Fukuda Denshi Co., Ltd., Key Marketed Products, Patient Monitoring Devices, 2013 ............... 101 Table 70: Adult Rapid Response REALTROMINS, Product Status, 2013 ................................................... 103 Table 71: Adult REALTROMINS, Product Status, 2013 ............................................................................ 103 Table 72: Blink System, Product Status, 2013 ........................................................................................ 104 Table 73: Cardiopulmonary Bypass Device, Product Status, 2013 .......................................................... 104 Table 74: Disaster Triage REALTROMINS, Product Status, 2013 ............................................................. 104 Table 75: ISMO, Product Status, 2013 ................................................................................................... 105 Table 76: Pediatric Rapid Response REALTROMINS, Product Status, 2013.............................................. 105 Table 77: PICU REALTROMINS, Product Status, 2013 ............................................................................. 106 Table 78: URINFO 3000, Product Status, 2013 ....................................................................................... 106 Table 79: C400, Product Status, 2013 ................................................................................................... 106 Table 80: Core 2 Monitor, Product Status, 2013 .................................................................................... 107 Table 81: Decompression Sickness Monitor, Product Status, 2013......................................................... 107 Table 82: Gumpack, Product Status, 2013 ............................................................................................. 108 Table 83: Hand-held Sensor Device, Product Status, 2013 ..................................................................... 108 Table 84: HRWatch, Product Status, 2013 ............................................................................................. 108 Table 85: Lachesis Vital Signs Monitor, Product Status, 2013 ................................................................. 109 Table 86: LifeWatch V, Product Status, 2013 ......................................................................................... 109 Table 87: LTM/iRevive System, Product Status, 2013 ............................................................................ 110 Table 88: Medical Tricorder, Product Status, 2013 ................................................................................ 110 Table 89: Monicard Professionnal, Product Status, 2013 ....................................................................... 110 Table 90: New Version Metria Patch, Product Status, 2013 ................................................................... 111 Table 91: PD2i-VS, Product Status, 2013 ............................................................................................... 111 Table 92: Portable Microwave Sensor, Product Status, 2013 ................................................................. 112 Table 93: Pulsear Device, Product Status, 2013 ..................................................................................... 112 Table 94: Skullcap, Product Status, 2013............................................................................................... 112 Table 95: Sleep Head Band, Product Status, 2013 ................................................................................. 113 Table 96: Smartphone Vital Signs Monitor, 2013................................................................................... 113 Table 97: Vital Sign Detection Device, 2013 .......................................................................................... 114 Table 98: Vital Sign Monitor, 2013 ........................................................................................................ 114 Table 99: VSM 1 Vital Sign Monitoring System, 2013 ............................................................................. 114 Table 100: VSM 2 Tissue Hydration and Sweat, 2013 .............................................................................. 115 Table 101: Vue Patch, 2013 .................................................................................................................... 115 Table 102: Wireless Skin Patch, 2013 ...................................................................................................... 116 Table 103: Multiparamter Patient Monitoring, Global Pipeline Products, 2013 – Table 1 ........................ 116 Table 104: Blood Pressure Cuff, 2013 ..................................................................................................... 118 Table 105: Blood Pressure Monitor, 2013 ............................................................................................... 118 Table 106: Blood Pressure Wristwatch, 2013 .......................................................................................... 119 Table 107: Care Taker – Blood Pressure Monitor, 2013 ......................................................................... 119 Table 108: ContiPress, 2013 ................................................................................................................... 119 Table 109: Hemodynamic Monitor, 2013 ................................................................................................ 120 Table 110: Home-based Blood Pressure Measuring Device, 2013 ............................................................ 120 Table 111: Power-free Implantable Blood Pressure Sensor, 2013 ............................................................ 121 Table 112: Sapphire Sensor System, 2013 ............................................................................................... 121 Table 113: Wearable Blood Pressure Monitor, 2013 ............................................................................... 122 Table 114: Non-invasive Blood Pressure Monitors, Global Pipeline Products, 2013 .................................. 122


Page 12

Table of Contents

Table 115: Champion Heart Failure Monitoring System, Product Status, 2013 ......................................... 123 Table 116: OrthoChip, Product Status, 2013 ........................................................................................... 123 Table 117: Pressure Sensor, Product Status, 2013 ................................................................................... 124 Table 118: Micro-electromechanical Systems, Global Pipeline Products, 2013 ......................................... 124 Table 119: Ankle Bracelet Monitor, Product Status, 2013 ........................................................................ 125 Table 120: Biometric Bracelet, Product Status, 2013 ............................................................................... 125 Table 121: Breeze@home, Product Status, 2013 .................................................................................... 126 Table 122: BTT Wireless Device, Product Status, 2013 ............................................................................ 126 Table 123: EverWrist Fall Monitoring System, Product Status, 2013 ........................................................ 127 Table 124: Health-e-Connect System - Blood Pressure Monitor, Product Status, 2013 ............................. 127 Table 125: Health-e-Connect System - Body Composition Monitor, Product Status, 2013 ........................ 128 Table 126: Health-e-Connect System – Electrocardiogram, Product Status, 2013 ................................... 128 Table 127: Health-e-Connect System – Peak Flow Meter, Product Status, 2013 ..................................... 129 Table 128: Health-e-Connect System – Pulse Oximeter, Product Status, 2013 ........................................ 129 Table 129: Health-e-Connect System – Respiratory Health Management, Product Status, 2013 ............. 129 Table 130: Pediatric Motion Detection Device, Product Status, 2013 ....................................................... 130 Table 131: Step Activity Monitor, Product Status, 2013 ........................................................................... 130 Table 132: Telehome System, Product Status, 2013 ................................................................................ 131 Table 133: Waldo Telecardiology System, Product Status, 2013 .............................................................. 131 Table 134: Wearable Sensor, Product Status, 2013 ................................................................................. 131 Table 135: Remote Monitoring Device, Product Status, 2013 .................................................................. 132 Table 136: Remote Monitoring System V2, Product Status, 2013 ............................................................ 132 Table 137: Smartview, Product Status, 2013 ........................................................................................... 133 Table 138: Remote Patient Monitoring, Global Pipeline Products, 2013 – Table 1 .................................. 133 Table 139: Active Gait, Product Status, 2013........................................................................................... 134 Table 140: BabyConnect – Clinical Use, Product Status, 2013 ................................................................ 134 Table 141: Exmobaby Sleep Suit, Product Status, 2013 ........................................................................... 135 Table 142: PhysiScore System, Product Status, 2013 ............................................................................... 135 Table 143: Neonatal REALTROMINS, Product Status, 2013 ...................................................................... 135 Table 144: PhysiScore System, Product Status, 2013 ............................................................................... 136 Table 145: Neonatal Monitors, Global Pipeline Products, 2011 ............................................................... 136 Table 146: FetalConnect – Antepartum, Product Status, 2013 ............................................................... 137 Table 147: Next Generation Sonicaid FetalCare, Product Status, 2013 ..................................................... 137 Table 148: Cervical Dystocia Monitor, Product Status, 2013 .................................................................... 138 Table 149: eToco +fHR Device, Product Status, 2013............................................................................... 138 Table 150: FetalConnect – Intrapartum, Product Status, 2013 ............................................................... 139 Table 151: FetalConnect – Intrapartum, Product Status, 2013 ............................................................... 139 Table 152: Fetal Monitors, Global Pipeline Products, 2013 ...................................................................... 139 Table 153: Patient Monitoring Devices Market, Mergers & Acquisitions, by Number of Deals and Deal Value

($m), Global, 2008 – 2012 ..................................................................................................... 140 Table 154: Patient Monitoring Devices Market, Mergers & Acquisitions, Global, 2012 ............................. 141 Table 155: Patient Monitoring Devices Market, Mergers & Acquisitions, Global, 2011 ............................. 141 Table 156: Patient Monitoring Devices Market, Mergers & Acquisitions, Global, 2010 ............................. 142 Table 157: Patient Monitoring Devices Market, Mergers & Acquisitions, Global, 2009 ............................. 142 Table 158: Patient Monitoring Devices Market, Mergers & Acquisitions, Global, 2008 ............................. 143


Page 13

Table of Contents

1.2 List of Figures

Figure 1: Global Patient Monitoring Devices Market, Revenue ($bn), 2005 – 2012 ..................................19 Figure 2: Global Patient Monitoring Devices Market, Revenue ($bn), 2012 – 2019 ..................................20 Figure 3: Global Patient Monitoring Devices Market, Key Company Share (%), 2011 ...............................21 Figure 4: BRICS Per Capita Total and Government Expenditure on Health (PPP in $), 2000 – 2009 ...........26 Figure 5: Total Expenditure on Health as a % of GDP, Emerging Countries, 2000 – 2009 ..........................27 Figure 6: Estimated and Projected Distribution of the Population Aged 60 Years or Over in Asia and

Europe, 2012 – 2050 ...............................................................................................................29 Figure 7: Multiparameter Patient Monitoring Market, Global, Revenue ($bn), 2005 – 2012 ....................31 Figure 8: Multiparameter Patient Monitoring Market, Global, Revenue ($bn), 2012 – 2019 ....................32 Figure 9: Multiparameter Patient Monitoring, Global, Key Company Share (%), 2011 ..............................33 Figure 10: Non-invasive Blood Pressure Monitors Market, Global, Revenue ($m), 2005 – 2012 .................35 Figure 11: Non-invasive Blood Pressure Monitors Market, Global, Revenue ($m), 2012 – 2019 .................36 Figure 12: Non-invasive Blood Pressure Monitors Market, Global, Key Company Shares (%), 2011 ............37 Figure 13: Patient Monitoring Accessories Market, Global, Revenue ($m), 2005 – 2012 ............................39 Figure 14: Patient Monitoring Accessories Market, Global, Revenue ($m), 2012 – 2019 ............................40 Figure 15: Patient Monitoring Accessories Market, Global, Key Company Shares (%), 2011 .......................41 Figure 16: Micro-electromechanical Systems Market, Global, Revenue ($m), 2005 – 2012 ........................44 Figure 17: Micro-electromechanical Systems Market, Global, Revenue ($m), 2012 – 2019 ........................45 Figure 18: Remote Patient Monitoring Market, Global, Revenue ($m), 2005 – 2012..................................47 Figure 19: Remote Patient Monitoring Market, Global, Revenue ($m), 2012 – 2019..................................48 Figure 20: Remote Patient Monitoring Market, Global, Key Company Share (%), 2011 ..............................49 Figure 21: Remote Follow-up of Patients Receiving Implantable Cardioverter Defibrillator for Prophylactic

Therapy (REFORM) Clinical Trial...............................................................................................50 Figure 22: Neonatal Monitors, Global, Revenue ($m), 2005 – 2012...........................................................53 Figure 23: Neonatal Monitors, Global, Revenue ($m), 2012 – 2019...........................................................54 Figure 24: Neonatal Monitors Market, Global, Key Company Share (%), 2011 ...........................................55 Figure 25: Fetal Monitors Market, Global, Revenue ($m), 2005 – 2012 .....................................................57 Figure 26: Fetal Monitors Market, Global, Revenue ($m), 2012 – 2019 .....................................................58 Figure 27: Fetal Monitors Market, Global, Key Company Share (%), 2011 .................................................59 Figure 28: Patient Monitoring Devices Market, Cross-country Analysis, Global, CAGR (%), 2005 – 2019 .....61 Figure 29: Patient Monitoring Devices Market, US, Revenue ($bn), 2005 – 2012 .......................................63 Figure 30: Patient Monitoring Devices Market, US, Revenue ($bn), 2012 – 2019 .......................................64 Figure 31: Patient Monitoring Devices Market, Japan, Revenue ($m), 2005 – 2012 ...................................65 Figure 32: Patient Monitoring Devices Market, Japan, Revenue ($m), 2012 – 2019 ...................................66 Figure 33: Patient Monitoring Devices Market, China, Revenue ($m), 2005 – 2012 ...................................67 Figure 34: Patient Monitoring Devices Market, China, Revenue ($m), 2012 – 2019 ...................................68 Figure 35: Patient Monitoring Devices Market, Germany, Revenue ($m), 2005 – 2012 ..............................69 Figure 36: Patient Monitoring Devices Market, Germany, Revenue ($m), 2012 – 2019 ..............................70 Figure 37: Patient Monitoring Devices Market, France, Revenue ($m), 2005 – 2012 .................................71 Figure 38: Patient Monitoring Devices Market, France, Revenue ($m), 2012 – 2019 .................................72 Figure 39: Patient Monitoring Devices Market, the UK, Revenue ($m), 2005 – 2012 .................................73 Figure 40: Patient Monitoring Devices Market, the UK, Revenue ($m), 2012 – 2019 .................................74 Figure 41: Patient Monitoring Devices Market, Australia, Revenue ($m), 2005 – 2012 ..............................75 Figure 42: Patient Monitoring Devices Market, Australia, Revenue ($m), 2012 – 2019 ..............................76 Figure 43: Patient Monitoring Devices Market, Italy, Revenue ($m), 2005 – 2012 .....................................77 Figure 44: Patient Monitoring Devices Market, Italy, Revenue ($m), 2012 – 2019 .....................................78 Figure 45: Patient Monitoring Devices Market, Spain, Revenue ($m), 2005 – 2012 ...................................79 Figure 46: Patient Monitoring Devices Market, Spain, Revenue ($m), 2012 – 2019 ...................................80 Figure 47: Patient Monitoring Devices Market, Brazil, Revenue ($m), 2005 – 2012 ...................................81 Figure 48: Patient Monitoring Devices Market, Brazil, Revenue ($m), 2012 – 2019 ...................................82 Figure 49: Patient Monitoring Devices Market, Canada, Revenue ($m), 2005 – 2012 ................................83 Figure 50: Patient Monitoring Devices Market, Canada, Revenue ($m), 2012 – 2019 ................................84 Figure 51: Patient Monitoring Devices Market, India, Revenue ($m), 2005 – 2012 ....................................85 Figure 52: Patient Monitoring Devices Market, India, Revenue ($m), 2012 – 2019 ....................................86 Figure 53: Patient Monitoring Devices, Competitive Assessment, 2011.....................................................87 Figure 54: Patient Monitoring Devices Market, Mergers & Acquisitions, by Number of Deals and Deal

Value, Global, 2008 – 2012 .................................................................................................... 140


Page 14

Introduction

2 Introduction

Patient monitoring devices are used to observe, measure and record patients’ vital signs. These monitors are used in hospitals, the home and ambulatory settings. Patient monitoring equipment is critical in hospital settings such as emergency rooms, intensive care and critical care units. Patient monitoring devices comprise multiparameter patient monitors, patient monitoring accessories, non-invasive blood pressure monitors, fetal and neonatal monitors, Remote Patient Monitoring (RPM) and micro-electromechanical systems.

Technology innovations have provided advanced and sophisticated multiparameter patient monitoring systems that have replaced the traditional single parameter patient monitoring systems. Advances in RPM technologies have resulted in reduced healthcare costs that are associated with frequent hospital visits and re-admissions; they have also improved patient recovery and encouraged a faster response rate in some emergency cases. Developments in connectivity and centralized monitoring platforms have helped patient monitoring systems emerge from hospital settings to catheterization labs and outpatient and ambulatory settings, as well as remote locations such as patients’ homes.

The increased demand in patient monitoring devices can be attributed to the increased patient base and the corresponding increase in the prevalence of chronic diseases. Technological innovation and the increased adoption of products with advanced patient monitoring technologies will fuel the growth of the patient monitoring devices market in the future.


Page 19

Global Patient Monitoring Devices Market: Market Characterization

4 Global Patient Monitoring Devices Market: Market Characterization

4.1 Global Patient Monitoring Devices Market, Revenue ($bn), 2005 – 2012

Figure 1: Global Patient Monitoring Devices Market, Revenue ($bn), 2005 – 2012

2005 2006 2007 2008 2009 2010 2011 2012

Rev

enue

($bn

)

Multiparameter Patient Monitoring Non-invasive Blood Pressure Monitors Patient Monitoring AccessoriesMicro-electromechanical Systems Remote Patient Monitoring Neonatal MonitorsFetal Monitors


Table 1: Global Patient Monitoring Devices Market, Revenue ($bn), 2005 – 2012

2005 2006 2007 2008 2009 2010 2011 2012 CAGR

2005 – 2012

Multiparameter Patient Monitoring

Non-invasive Blood Pressure Monitors

Patient Monitoring Accessories

Micro-electromechanical Systems

Remote Patient Monitoring

Neonatal Monitors

Fetal Monitors

Total


The global patient monitoring devices market was valued at $XX billion in 2005. It grew at a CAGR of XX% to reach $XX billion in 2012. The largest category in the patient monitoring devices market was multiparameter patient monitoring, with a value of $XX billion, in 2012. The RPM category was the fastest growing category, as it helps reducing healthcare expenditure resulting in a further reduction of burden on insurers and healthcare providers. Increased investment on healthcare infrastructure in emerging economies is expected to drive the global patient monitoring market.


Page 21

Global Patient Monitoring Devices Market: Market Characterization

4.3 Global Patient Monitoring Devices Market, Key Company Shares (%), 2011

Figure 3: Global Patient Monitoring Devices Market, Key Company Share (%), 2011

Philips Healthcare

GE Healthcare

Omron Healthcare Co., Ltd.

Draegerwerk AG & Co. KGaA

Mindray Medical International Limited

Nihon Kohden Corporation

3M Health Care Ltd.Covidien plc

OSI Systems, Inc.

Welch Allyn Inc.

A&D Medical / LifeSource

Microlife Corporation

Ambu A/S

Fukuda Denshi Co., Ltd.

Others


Table 3: Global Patient Monitoring Devices Market, Company Revenue ($m), 2011

Company Name Revenue ($m)

Philips Healthcare

GE Healthcare

Omron Healthcare Co., Ltd.

Draegerwerk AG & Co. KGaA

Mindray Medical International Limited

Nihon Kohden Corporation

3M Health Care Ltd.

Covidien plc

OSI Systems, Inc.

Welch Allyn Inc.

A&D Medical/LifeSource

Microlife Corporation

Ambu A/S

Fukuda Denshi Co., Ltd.

Others



Page 149

Appendix

10 Appendix

10.1 Definitions

10.1.1 Patient Monitoring Devices

Patient monitoring devices are used to observe measure and record vital signs in patients. These monitors are used in hospitals, home and ambulatory settings. Seven categories of monitors have been tracked under this market, which includes multiparameter patient monitoring, neonatal monitors, fetal monitors, patient monitoring accessories, RPM, non-invasive blood pressure monitors and MEMS.

10.1.1.1 Remote Patient Monitoring

RPM devices are used to retrieve and transmit data through a wireless system to a monitoring station or a physician’s office for further analysis and interpretation. This category includes both implantable and external RPM devices.

External Remote Patient Monitoring Devices

External RPM devices retrieve the data from the external measurement device (such as glucose meters, blood pressure monitors, pulse oximeters, weight scales and ECGs) and transmit it through a wireless system to a monitoring station or a physician’s office for further analysis and interpretation. This segment includes the external module or transmitter that receives the data from external measurement devices.

Implantable Remote Patient Monitoring Devices

Implantable RPM devices retrieve the data from the implantable sensor and transmit it through a wireless system to a monitoring station or a physician’s office for further analysis and interpretation. This segment includes an external module or transmitter that receives the data only from the implantable sensors used for arrthymia and heart failure management.

10.1.1.2 Micro-electromechanical Systems

MEMS are sensors used to measure body parameters such as blood pressure, uterine pressure and endovascular pressure. These sensors are attached to catheters and inserted into the relevant area of the body. This category includes micro-sized pressure sensors including blood pressure sensors, intrauterine pressure sensors, dialysis pressure sensors, endovascular sensors.

10.1.1.3 Patient Monitoring Accessories

Patient monitoring accessories are used along with patient monitoring devices to measure the various vital signs of the patients. This category includes patient monitoring leads and electrodes, non-invasive blood pressure cuffs and patient monitoring temperature probes.

Non-invasive Blood Pressure Cuffs

Non-invasive blood pressure cuffs are made of a non-elastic material used along with blood pressure monitors. The blood pressure cuff is applied around the upper arm above the elbow to measure blood pressure using a non-invasive blood pressure meter. It is available in different types and different sizes, for children, adults and obese adults. This segment includes reusable cuffs and disposable cuffs. Reusable cuffs are used along with blood pressure monitors. These cuffs are used on multiple patients. Disposable cuffs are used along with blood pressure monitors. These cuffs are changed for each and every patient.

Patient Monitoring Leads and Electrodes

Patient monitoring electrodes are small metal disks connected to lead wires. Electrodes emit electrical impulses and transmit them to an attached monitor where the impulses are recorded. These electrodes are of various types based on their usage and type of test, including ECG and EEG. This segment includes long-term electrodes, neonatal electrodes, rest electrodes and stress electrodes.

Patient Monitoring Temperature Probes

Patient monitoring temperature probes are disposable probes used along with multiparameter monitors. They are used for routine monitoring throughout the hospital, to measure core body temperature, and are made of non-porous material. They can be placed in the esophagus, nasopharynx or rectum.


Page 150

Appendix

10.1.1.4 Non-invasive Blood Pressure Monitors

This category includes sphygmomanometers, a device consisting of a pressure gauge and a rubber cuff that wraps around the upper arm and inflates to constrict the arteries and measure the blood pressure. This category includes mercury, aneroid and digital sphygmomanometers.

Aneroid Sphygmomanometers

An aneroid sphygmomanometer is mercury-free and consists of a cuff; a stethoscope that is built in or attached for pulse measurement; and a valve that inflates and deflates automatically with the data displayed on an easy-to-read gauge.

Digital Sphygmomanometers

Digital sphygmomanometer is mercury-free and consists of a cuff and a valve that automatically inflates and deflates. It is typically battery-operated. This segment includes both automatic inflation and manual inflation devices. The reading is displayed digitally and a stethoscope is not required.

Mercury Sphygmomanometers

A mercury sphygmomanometer is a device used to measure blood pressure. It consists of a mercury-based unit with a manually inflatable cuff attached by tubing to the unit, which is calibrated in mmHg.

10.1.1.5 Multiparameter Patient Monitoring

Multiparameter patient monitoring includes devices used for the continuous monitoring of physiological and vital parameters such as temperature, BP, SpO2, RR and CO2 in patients on a continuous basis. These types of monitors are used in emergency settings, OTs, ICUs and physicians’ clinics. This category includes high acuity monitors, mid acuity monitors, low acuity monitors and multiparameter central stations.

High Acuity Monitors

High acuity monitors are used in ICUs and OTs to monitor parameters such as temperature, RR, BP, and SpO2. This segment includes MRI-compatible monitors, critical care monitors and perioperative care monitors.

Low Acuity Monitors

Low acuity monitors are simple multi-parameter monitors used to monitor basic vital signs (like blood pressure, temperature, respiration rate, heart rate) of non-emergency patients. This segment includes ambulatory and vital signs monitors.

Mid Acuity Monitors

Mid acuity monitors are multi-parameter monitors used to monitor basic vital signs (blood pressure, temperature, respiration rate, heart rate) for patients under post-anesthesia care. This segment includes emergency care monitors and post-anesthesia care monitors.

10.1.1.6 Neonatal Monitors

Neonatal monitors are used to continuously monitor and record parameters such as ECG, heart rate, RR and the temperature of critically ill newborns and infants. They are primarily used in the neonatal wards of healthcare settings.

10.1.1.7 Fetal Monitors

Fetal monitors are devices used to monitor the fetal heart rate for indicators of stress, usually during labor and birth, using ultrasound and electrocardiography. This is essentially a device for recording uterine contractions during labor, and also the fetal heart rate, to monitor the progress of labor, and in particular the wellbeing of the fetus. This category includes antepartum and intrapartum monitors.

Antepartum Monitors

Antepartum monitors refers to devices monitoring both maternal and fetal vital signs such as fetal/maternal heart rates, fetal ECG, maternal ECG, pulse oximetry, maternal BP, and uterine activity, during and before delivery. This is used on a routine basis throughout pregnancy.


Page 151

Appendix

Intrapartum Monitors

Intrapartum monitors are used for fetal and uterine-invasive monitoring during the onset of labor and the actual birthing process until delivery. They are equipped with a fetal electrode for the invasive monitoring of fetal and uterine activity. Intrapartum monitoring can be both external and internal.

10.2 Acronyms

ABPM: Ambulatory Blood Pressure Monitoring

ACS: Abdominal Compartment Syndrome

ACU: Acute Care Units

APOC: Acute Point of Care

BP: Blood Pressure

BSI: Bloodstream Infection

BTT: Brain Tunnel Temperature

CAGR: Compounded Annual Growth Rate

CAS: Coronary Artery Stenosis

CCU: Critical Care Unit

CHC: Constant Health Companion

CHD: Coronary Heart Disease

CHF: Congestive Heart Failure

COMPAS: Comparative Follow-up Schedule with Home Monitoring

CONNECT: Clinical Evaluation of Remote Notification to reduce Time to Clinical Decision

COPD: Chronic Obstructive Pulmonary Disease

CPB: Cardiopulmonary Bypass Device

CPR: Cardiopulmonary Resuscitation

CRM: Cardiac Rhythm Management

CRT-D: Cardiac Resynchronization Therapy-Defibrillator

DALY: Disability Adjusted Life Year

EBCT: Electron-Beam Computerized Tomography

ECG: Electrocardiogram

EDA: Electronic Design Automation

EEG: Electroencephalogram

EFM: Electronic Fetal Monitoring

EHRA: European Heart Rhythm Association

EHG: Electrohysterogram

EMG: Electromyography

EMR: Electronic Medical Record

EMS: Emergency Medical Services

EU: European Union

fECG: Fetal ECG

fHR: Fetal Heart Rate


Page 152

Appendix

GDP: Gross Domestic Product

GMP: Good Manufacturing Practice

GSM: Global System for Mobile Communications

HCAI: Health Care-associated Infection

HIS: Hospital Information System

IAH: Intra-abdominal Hypertension

IAP: Intra-abdominal Pressure

ID: Interface Device

ICD: Implantable Cardioverter-Defibrillator

ICU: Intensive Care Unit

INVOS: In Vivo Optical Spectroscopy

ISMO: Impedance Spectroscopy Monitor

ISO: International Organization for Standardization

IT: Information Technology

LCD: Liquid Crystal Display

LIG: Living Independently Group

M&A: Mergers and Acquisitions

mECG: Maternal ECG

MEMS: Micro-electromechanical Systems

mmHg: Millimeters of Mercury

MHR: Maternal Heart Rate

MICU: Medical Intensive Care Units

MUPS: Medical Uninterruptible Power Supply

NIBP: Non-invasive Blood Pressure Monitoring

NICU: Neonatal Intensive Care Unit

NSRFs: National Strategic Reference Frameworks

OT: Operating Theatre

PAN: Personal Area Network

PICU: Pediatric Intensive Care Unit

PPP: Purchasing Power Parity

PTT: Pulse Transit Time

REFORM: Remote Follow-up of Patients Receiving Implantable Cardioverter Defibrillator for Prophylactic Therapy

ROPs: Regional Operational Programs

R&D: Research and Development

RPM: Remote Patient Monitoring

RR: Respiration Rate

SAW: Surface Acoustic Wave

SET: Signal Extraction Technology


Page 153

Appendix

SICU: Surgical Intensive Care Units

SMS: Short Message Service

TRUST: The Lumos-T Safely RedUceS RouTine Office Device Follow-Up

UA: Uterine Activity

UTI: Urinary Tract Infection

VRI: Vibration Response Imaging

VSM: Vital Sign Monitor

WiFi: Wireless Fidelity

WBAN: Wireless Body Area Network

WHO: World Health Organization

UN: United Nations

10.3 Sources

3M Health Care Ltd. (2013). Patient Monitoring. Available from: http://solutions.3m.com/wps/portal/3M/en_US/IPD-NA/3M-Infection-Prevention/products/catalog/~?N=5640900&rt=c3 [Accessed March 24, 2013].

Accent on Integration (2013). Accelero Connect Features. Available from: http://accentonintegration.com/accelero-connect/ [Accessed January 31, 2013].

Allegranzi, B. et al. (2011). Burden of endemic health care-associated infection in developing countries: systematic review and meta-analysis. Lancet, 2011; 377:228 – 241.

Ambu A/S (2013). Patient Monitoring and Diagnostics. Available from: http://www.ambuusa.com/usa/products/patient_monitoring_and_diagnostics.aspx [Accessed March 24, 2013].

American Heart Association (2013). Automatic Remote Monitoring of Implantable Cardioverter-Defibrillator Lead and Generator Performance : The Lumos-T Safely RedUceS RouTine Office Device Follow-Up (TRUST) Trial. Available from: http://circep.ahajournals.org/content/3/5/428.full.pdf

American Hospital Association (2013). Fast Facts on US Hospitals. Available from: http://www.aha.org/research/rc/stat-studies/fast-facts.shtml [Accessed January 31, 2013].

American Diabetes Association (2011). Data from the 2011 National Diabetes Fact Sheet (released Jan. 26, 2011). Available from: http://www.diabetes.org/diabetes-basics/diabetes-statistics/ [Accessed February 7, 2013].

Bagshaw, et al. (2009). Very old patients admitted to intensive care in Australia and New Zealand: a multi-centre cohort analysis. Critical Care; 13(2): R45.

Brown, D.Q. (2011). Disposable vs Reusable Electro cardiography Leads in Development of and Cross-contamination by Resistant Bacteria. American Association of Critical-Care Nurses; 31:62-68.

Business Standard (2012). Apollo Hospitals plans Rs 2k-cr expansion. Available from: http://www.business-standard.com/india/news/apollo-hospitals-plans-rs-2k-cr-expansion/492641/. [Accessed February 15, 2013].

Center for Health Market Innovations (2012). Vatsaalya Hospitals. Available from: http://healthmarketinnovations.org/program/vaatsalya-hospitals. [Accessed February 15, 2013].

Centers for Disease Control and Prevention (2011). Heart Disease and Stroke Prevention. Available from: http://www.cdc.gov/chronicdisease/resources/publications/AAG/dhdsp.htm. [Accessed February 28, 2013].

Centers for Disease Control and Prevention (2008). 2007 National Diabetes Fact Sheet. Available from: http://www.cdc.gov/Diabetes/pubs/factsheet07.htm [Accessed January 31, 2013].


Page 154

Appendix

Covidien Plc., (2013). Respiratory and Monitoring solutions. Available from: http://www.covidien.com/rms/pages.aspx?page=OurProducts&utm_source=covidien.com&utm_medium=ourproducts&utm_campaign=covidien.com [Accessed March 24, 2013].

Draegerwerk AG & Co. KGaA (2013). Patient Monitoring. Available from: http://www.draeger.com/Sites/enus_us/Pages/Hospital/ProductSelector.aspx?navID=221 [Accessed March 24, 2013].

European Hospital and Healthcare Federation (2011). Hospitals in europe healthcare data. Available from: http://www.hope.be/03activities/quality_eu-hospitals/eu_country_profiles/00-hospitals_in_europe-synthesis_vs2011-06.pdf.

Eurostat (2012). Healthcare statistics. Available from: http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Healthcare_statistics. [Accessed February 28, 2013].

EURO-PERISTAT Project (2008). EUROPEAN PERINATAL HEALTH REPORT. Available from: http://www.sante.public.lu/publications/sante-fil-vie/petite-enfance/european-perinatal-health-report/european-perinatal-health-report.pdf.

Erbel, R. et al. (2007). Non‐invasive screening for coronary artery disease: calcium scoring. BMJ Journals, 93 (12): 1620 – 1629.

Fukuda Denshi Co., Ltd. (2013). Patient Monitoring. Available from: http://www.fukuda.co.jp/english/products/patient_monitoring/index.html [Accessed March 24, 2013].

GE Healthcare (2013). CARESCAPE Network. Available from: https://www2.gehealthcare.com/portal/site/usen/ProductDetail/?vgnextoid=fa42bf371de30210VgnVCM10000024dd1403RCRD&productid=ea42bf371de30210VgnVCM10000024dd1403____ [Accessed January 31, 2013].

GE Healthcare (2013). Patient Monitoring. Available from: http://www3.gehealthcare.com/en/Products/Categories/Patient_Monitoring [Accessed March 24, 2013].

Govers, A. et al. (2006). Short-term and long-term mortality in very elderly patients admitted to an intensive care unit. Intensive Care Med 32: 1039 – 1044.

Halimi, F. et al. (2010). Remote monitoring for active cardiovascular implantable electronic devices: a European survey. European Society of Cardiology, Europace. 12, 1778 – 1780.

Hindu Business Line (2012). Narayana Hrudayalaya plans Rs 2,000 cr expansion. The Hindu Business Line. Available from: http://www.thehindubusinessline.com/companies/narayana-hrudayalaya-plans-rs-2000-cr-expansion/article4245267.ece. [Accessed February 15, 2013].

Heidenreich, P.A. et al. (2011). Forecasting the future of cardiovascular disease in the United States: a policy statement from the American Heart Association. Circulation; 123(8): 933 – 44.

International Diabetes Federation (2011). Regional Overviews. Available from: http://www.idf.org/diabetesatlas/5e/regional-overviews [Accessed February 28, 2013].

International Diabetes Federation (2012). IDF DIABETES ATLAS UPDATE 2012. Available from: http://www.idf.org/diabetesatlas/5e/Update2012 [Accessed May 15, 2013].

International Finance Corporation (2013). Success Stories: public-private partnerships. Available from: http://www1.ifc.org/wps/wcm/connect/b4450500498391bf85dcd7336b93d75f/SuccessStories_BahiaHospital.pdf?MOD=AJPERES [Accessed February 28, 2013].

Klevens RM, et al. (2007). Estimating health care-associated infections and deaths in U.S. hospitals, 2002. Public Health Reports; Mar-Apr 122(2):160 – 166.

Medical Device Depot Inc. (2013). A&D Medical. Available from: http://www.medicaldevicedepot.com/SearchResults.asp?Search=A%26D+MEdical [Accessed March 24, 2013].


Page 155

Appendix

Medical News Today (2012). Premature Birth Rates Increase In Most Of The World. Available from: http://www.medicalnewstoday.com/articles/246413.php [Accessed February 7, 2013].

Medical Expenditure Panel Survey (2011). Hypertension in America: Estimates for the U.S. Civilian Noninstitutionalized Population, Age 18 and Older, 2008. Available from: http://meps.ahrq.gov/data_files/publications/st315/stat315.pdf.

Microlife Corporation (2013). Blood Pressure Monitors. Available from: http://www.microlife.com/products/hypertension/ [Accessed March 24, 2013].

Mindray Medical International Limited (2010). Patient Monitoring & Life Support. Available from: http://www.mindray.com/na/products/pro_line1_VSeries.html [Accessed March 24, 2013].

Nihon Kohden Corporation (2013). Central monitor for LS-NET Life Scope network. Available from: http://www.nihonkohden.com/products/type/mon/cns6201.html [Accessed January 31, 2013].

Nihon Kohden Corporation (2013). Patient Monitoring. Available from: http://www.nihonkohden.com/products_en/type/mon/ [Accessed March 24, 2013].

Nordic Innovation Centre (2008). Piezoelectric micro-electromechanical systems for Nordic industry. Available from: http://www.nordicinnovation.org/Global/_Publications/Reports/2010/Piezoelectric%20micro-electromechanical%20systems%20for%20Nordic%20industry.pdf.

OMRON Healthcare Co., Ltd. (2013). Products Overview. Available from: http://www.healthcare.omron.co.jp/english/overview/ [Accessed March 24, 2013].

US Government (2013). Cuts, Consolidations, and savings: Budget of the U.S. government. Available from: http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/ccs.pdf

Philips Healthcare (2013). UT4800 Central Monitoring System. Phillips Healthcare. Available from: http://www.healthcare.philips.com/main/products/goldway/patient-monitoring/ut4800-central-monitoring-system/ [Accessed January 31, 2013].

Philips Healthcare (2013). Monitoring. Available from: http://www.healthcare.philips.com/in_en/products/patient_monitoring/index.wpd [Accessed March 24, 2013].

Rioux, C. et al. (2006). The standardized incidence ratio as a reliable tool for surgical site infection surveillance. Infection Control and Hospital Epidemiology; 27: 817 – 824.

SpaceLabs Healthcare (2013). Ultraview SL3800. Available from: http://www.spacelabshealthcare.com/en/product/ultraview-sl3800/ [Accessed January 31, 2013].

The Economic Times (2012). Max Healthcare to add 600 operational beds in FY 2013. Available from: http://articles.economictimes.indiatimes.com/2012-04-12/news/31331197_1_bed-strength-speciality-max-healthcare-institute [Accessed February 15, 2013].

United Nations (2012). Population Aging and Development. United Nations. Available from: http://www.un.org/esa/population/publications/2012WorldPopAgeingDev_Chart/2012PopAgeingandDev_WallChart.pdf.

US Census Bureau (2012). Table 172. Hospitals—Summary Characteristics: 1990 to 2009. US Census Bureau. Available from: http://www.census.gov/compendia/statab/2012/tables/12s0172.pdf.

Vincent JL (2003). Nosocomial infections in adult intensive-care units. The Lancet, 9374(361):2068-2077

Watson, J. (2007). Health and Structural Funds in 2007-2013: Country and regional assessment. Directorate-General for Health & Consumers. Available from: http://ec.europa.eu/health/health_structural_funds/docs/watson_report.pdf.

Wheeler DS (2012). Once more unto the breach, dear friends, once more. World Journal of Critical Care Medicine; February 4; 1(1): 1-3.

World Health Organization (2009). Global Health Risks. World Health Organization. Available from: http://www.who.int/healthinfo/global_burden_disease/GlobalHealthRisks_report_full.pdf.


Page 156

Appendix

World Health Organization (2011). Report on the Burden of Endemic Health Care-Associated Infection Worldwide. World Healthcare Organization. Available from: http://whqlibdoc.who.int/publications/2011/9789241501507_eng.pdf.

World Health Organization (2012). World Health Statistics 2012. Available from: http://www.who.int/gho/publications/world_health_statistics/EN_WHS2012_Full.pdf.

The American Congress of Obstetricians and Gynecologists (2009). ACOG Refines Fetal Heart Rate Monitoring Guidelines. Available from: http://www.acog.org/About%20ACOG/News%20Room/News%20Releases/2009/ACOG%20Refines%20Fetal%20Heart%20Rate%20Monitoring%20Guidelines.aspx [Accessed February 15, 2013].

SpaceLabs Healthcare (2013). Patient Monitoring & Connectivity. Available from: http://www.spacelabshealthcare.com/en/products-services/patient-monitoring-connectivity [Accessed March 24, 2013].

Welch Allyn Inc. (2011). Patient Monitors & Systems. Available from: http://www.welchallyn.com/apps/products/product_category.jsp?catcode=PMS [Accessed March 24, 2013].

10.4 Research Methodology

GBI Research’s dedicated research and analysis teams consist of experienced professionals in marketing and market research with consulting backgrounds in the medical devices industry and advanced statistical expertise.

GBI Research adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and the Strategic and Competitive Intelligence Professionals (www.scip.org).

All GBI Research databases are continuously updated and revised. The following research methodology is followed for all databases and reports.

10.4.1 Secondary Research

The research process begins with exhaustive secondary research on internal and external sources being carried out to source qualitative and quantitative information relating to each market.

The secondary research sources that are typically referred to include, but are not limited to:

Company websites, annual reports, financial reports, broker reports, investor presentations and US Securities and Exchanges Commission (SEC) filings

Industry trade journals, scientific journals and other technical literature

Internal and external proprietary databases

Relevant patent and regulatory databases

National government documents, statistical databases and market reports

Procedure registries

News articles, press releases and web-casts specific to the companies operating in the market

10.4.2 Primary Research

GBI Research conducts hundreds of primary interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfills the following functions:

It provides first-hand information on the market size, market trends, growth trends, competitive landscape and future outlook.

It helps in validating and strengthening the secondary research findings.

It further develops the analysis team’s expertise and market understanding.


Page 157

Appendix

Primary research involves email correspondence, telephone interviews and face-to-face interviews for each market, category, segment and sub-segment across geographies.

The participants who typically take part in such a process include, but are not limited to:

Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers

Hospital stores, laboratories, pharmacies, distributors and paramedics

Outside experts: investment bankers, valuation experts, research analysts specializing in specific medical equipment markets

Key opinion leaders: physicians and surgeons specializing in different therapeutic areas corresponding to different kinds of medical equipment

10.4.3 Models

Where no hard data is available GBI Research uses modeling and estimates in order to produce comprehensive data sets. The following rigorous methodology is adopted:

Available hard data is cross-referenced with the following data types to produce estimates:

Demographic data: population, split by segment.

Macro-economic indicators: Gross Domestic Product, Inflation rate

Healthcare Indicators: health expenditure, physicians base, healthcare infrastructure and facilities

Selected epidemiological and procedure statistics

After this cross-referencing, data is then cross-checked by the expert panel.

All data and assumptions relating to modeling are stored and are available to clients on request.

10.4.4 Forecasts

GBI Research uses proprietary forecast models. The following four factors are utilized in the forecast models:

Historic growth rates

Macro indicators such as population trends and healthcare spending

Forecast epidemiological data

Qualitative trend information and assumptions

After this, data is then cross-checked by the expert panel.

All data and assumptions relating to modeling are stored and are available to clients on request.

10.4.5 Expert Panels

GBI Research uses a panel of experts to cross-verify its databases and forecasts.

GBI Research’s expert panel comprises marketing managers, product specialists, international sales managers from medical device companies; academics from research universities, KOLs from hospitals, consultants from venture capital funds and distributors/suppliers of medical equipment and supplies.

Historic data and forecasts are relayed to GBI Research’s expert panel for feedback and adjusted in accordance with this feedback.


Page 158

Appendix

10.6 Disclaimer

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, GBI Research.

Documents

GBIME0084MR Patient Monitoring Devices Market to 2019 ... · Chapter five discusses remote patient monitoring devices, micro-electromechanical systems, patient monitoring accessories,