European Markets for Patient Monitoring Devices Analysed by iData Research07 Apr 2011 • by Natalie Aster
Market Publishers Ltd informs that new report “European Markets for Patient Monitoring Devices 2011” by iData Research Inc. have been added to its catalogue.
In 2010, the European patient monitoring markets recovered from the global economic recession of 2008 and 2009. The market for patient monitoring devices and equipment includes multi-parameter vital sign monitors, telemetry devices, cardiac output monitors and consumables, electromyogram devices and consumables, electroencephalogram monitors, fetal and neonatal monitors, pulse oximetry monitors and consumables and telehealth solutions. This mature market is expected to continue expanding as new technologies and evolving clinical practices drive growth.
Published: April 2011
Price: US$ 11,495.00
The market for cardiac output devices and consumables was the most rapidly growing segment in 2010, increasing by 7.6% over the previous year.
Increased awareness due to campaigns and clinical evidence was responsible for this growth. Preference toward less invasive procedures will continue to drive growth over the forecast period. The telehealth market represented the second highest growth rate in the European markets in 2010. This emerging market was still largely in the pilot phase in 2010, and is expected to show strong growth over the forecast period as health care providers recognize the benefits of using remote monitoring. Telehealth market growth is expected to accelerate by the end of the forecast period.
The low-acuity vital signs monitoring market is expected to rapidly increase as healthcare workers strive to improve patient safety across all hospital departments.
The multi-parameter vital signs monitoring market is comprised of high, mid and low-acuity multi-parameter monitors as well as associated central station monitors. Growth in the multi-parameter vital signs monitoring market is expected to be driven by significant increases in low-acuity monitoring device sales, as demand for these devices in hospital wards rises. Low-acuity monitoring was the fastest growing segment in the multi-parameter vital sign monitoring market in 2010, increasing by 7.6% over 2009. The remaining market segments will continue to see low growth, as the markets are mature and unit sales are for replacement equipment. Growth in other segments will remain low for replacement devices. The market will experience a slight increase in growth over the forecast period as requirements for updates and new connectivity features drive unit sales.
More information can be found in the report “European Markets for Patient Monitoring Devices 2011” by iData Research Inc.
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