Advanced Remote Patient Monitoring Systems

March 2013 | 380 pages | ID: A9812EDB4E0EN
Kalorama Information

Abstracts

Patient monitoring systems with advanced features, especially wireless or remote capability, are among the fastest-growing medical devices. The aging population and the associated increases in diseases such as congestive heart disease and diabetes as well as the cost of treating those conditions, is driving sales of these devices. Use of new patient monitoring technologies can result in a need for fewer personnel, increased coverage by existing personnel, and a reduction in errors and are expected to lead to better patient care and the recognition of serious health problems before they become an issue.

Full Coverage of This Fast-Growing Medical Device Area

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.

Segmented Into Relevant Market Sectors

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:

• Vital Sign Monitoring (Blood Pressure, Pulse Oximeters, Other)
• Diagnostic Monitoring (EKG, Other)
• Specialized or Disease-Specific Monitoring (Anesthesia Monitors, Cardiac Rhythm Monitoring, Diabetes -Glucose Monitoring, Respiratory Monitors)

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
• Implantable devices
• HIPAA and Electronic Data Security
• Medicine- at-Work concept
• Emphasis on reducing hospital days
• Intensive care, cardiology nursing shortages
• Cost effectiveness
• Mental Health Assessments and Telemedicine
• New wireless technologies
• Algorithms to “sort” data or trigger alarms
• Off-site access to data
• Full-service outsourcing
• Converged wireless networks
• Data management and the electronic medical record
• HIPAA
• FCC rules for medical wireless communication

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:

• Abbott Laboratories
• Aerotel Medical Systems
• Alere
• AMD Global Telemedicine
• American Telecare
• AuthentiDate
• B. Braun
• Baxter
• Bosch Medical
• Boston Scientific
• C.R. Bard
• Cardiocom
• Carematix
• Compumedics
• Covidien
• Criticare Systems
• Cybernet Medical
• Dräger Medical
• GE Healthcare
• Getinge Group
• Global Media Group
• Hoana Medical
• Honeywell HomMed
• Infinium Medical
• InTechnology
• Intel Corporation
• InTouch Health
• Johnson & Johnson
• LifeWatch
• Masimo Corp
• Medtronic, Inc.
• Mindray
• Nihon Kohden
• Omron Healthcare
• OSI Systems
• Philips Healthcare
• Proteus Digital Health
• Roche
• Second Opinion Telemedicine
• Schiller AG
• Smiths Medical
• St. Jude Medical
• Welch Allyn

Contents

CHAPTER ONE: EXECUTIVE SUMMARY

Introduction
Scope and Methodology
Product Details
End-Users
Hospitals
Home Health
Nursing Homes
Other Markets
Issues and Trends
Size and Growth of the Market
Competitors

CHAPTER TWO: INTRODUCTION

Overview
Aging of the Population
Population Statistics
Global Population Trends
Global Population over 65
U.S. Population Trends
U.S. Population over 65
Global Trends in Life Expectancy
Barriers to Use of New Technologies in Patient Monitoring
Emerging Trends
Cloud-Based Mobile Healthcare
Cloud Connectivity and Compatibility
Healthcare Establishments
Hospitals
U.S. Hospital Segment
Hospital Systems around the World
Physicians
Number of Physicians
Nursing Homes
International Trends in Nursing Facilities
Home Health
Proven Cost Effectiveness

CHAPTER THREE: ADVANCED REMOTE PATIENT MONITORING

PRODUCTS
Overview
New Technologies
Wireless Technologies
Smartphones in Healthcare
Benefits of Healthcare Smartphones
Challenges in the Implementation of Smartphones in Healthcare Settings
Remote Monitoring
Telemedicine
Applications by Disease State
Global Cancer Incidence
Global Cardiovascular Disease Rates
Global Impact of Diabetes
Global Obesity Rates by Population
EMR (EHR) Data Transfer Applications and Equipment
Technology Achievements
Implantable Medical Devices
Technology for Drug Adherence, Targeted Delivery, and Monitoring
Mobile Medical Applications and Patient Monitoring
Nanobots
Product Segments with Advanced Technologies
Vital Signs Monitoring Devices
Blood Pressure Monitors
Pulse Oximeters
Temperature
Diagnostic Monitoring
ECG/EKG
Spirometry
Ultrasound
Specialized Monitoring
Anesthesia Monitoring
Cardiovascular Disease Monitoring
Cancer Treatment Monitors
Diabetes Monitors
Fetal Heart Monitors
Osteoarthritis
Prothrombin Time Monitors
Respiratory Monitors
Sleep Disorder Monitors
Product Offerings
Examples of Company Offerings
Abbott
American Medical Development (AMD) Telemedicine Products
American TeleCare
Bosch Healthcare
Boston Scientific
Cardiocom
Carematix
Covidien
Cybernet Medical Corporation
Draeger Medical
GE Healthcare
GlobalMed
Honeywell HomMed
Intel
InTouch Health
InTechnology
Johnson & Johnson
LifeWatch Technologies
Masimo Corporation
MedApps
Medtronic
Mindray
Nihon Kohden
Omron Corporation
OSI Systems
Philips Medical Systems
Roche
Second Opinion Telehealth Solutions, Inc.
St. Jude Medical
Welch Allyn

CHAPTER FOUR: COMPETITOR TRENDS AND MARKET SHARE ANALYSIS

Overview
Acquisitions and Agreements
Abbott Laboratories
Alere
Covidien
GE Healthcare
GlobalMed
Medtronic
Philips Healthcare
Welch Allyn
Competitor Market Analysis
Philips Healthcare
Medtronic
Covidien
Roche
St. Jude Medical
GE Healthcare
Johnson & Johnson
Omron
Draeger
Boston Scientific
Abbott Laboratories
Nihon Kohden
Masimo Corporation
Mindray
OSI Systems
Other Companies

CHAPTER FIVE: ISSUES AND TRENDS

Introduction
Issues and Trends Driving the Market
Aging of the Population
Increasing Life Expectancy and the Demand for Advanced Healthcare Delivery Options
Global Healthcare Trends
General Economic Trends by Country
U.S. Health Industry Trends
U.S. Healthcare Challenges
Economic Trends in the U.S.
U.S. Health Expenditures by Type
Health Information Technology and American Reinvestment and Recovery Act of 2009 (ARRA)
Meaningful Use Criteria
Stages of Meaningful Use
Qualifying for Stage One Meaningful Use
HIPAA
Medicine-At-Work
Healthcare Efficiency
Electronic Medical Records
Overview of EMRs
EMR Adoption
Are Electronic Healthcare Systems More Efficient?
The EMR and Mobile Apps
Hospital Communications
Remote Monitoring
Capacity Constraints
Emphasis on Reducing Hospital Days
Decreasing Healthcare Resources
Nursing Shortage
eICU
eICU Case Study
Opportunities in Telemedicine/Telemedicine
Mental Health Assessment Through Telemedicine
Post-Traumatic Stress Disorder (PTSD)
Improving the U.S. Mental Care Environment
Mental Disorder Statistics
Suicide
Growing Acceptance of Mobile Technologies
North America
Europe
South America
Asia-Pacific
Internet Users and Growing Adoption of Technology
Development of Patient Monitoring Technologies
Audio and Video
Algorithms to “Sort” Data or Trigger Alarms
Alarm Fatigue
Off-site Access to Data
Full-service Outsourcing
Converged Wireless Networks
Data Management and the Electronic Medical Record
Turnkey Systems
Disease Management Kits
FCC Rules for Medical Wireless Communication
System Compatibility

CHAPTER SIX: GLOBAL MARKET SIZE AND FORECAST

Overview
Total Global Market Size and Forecast
Global Markets by Product Type
Vital Sign Monitoring
Diagnostic Monitoring
Specialized or Disease-Specific Monitoring
End-User Markets
The Global Telemedicine Market
Global Hospital and Acute Care Patient Monitoring Market
Global Markets by Region
Market Drivers and Inhibitors
Growth Drivers
Growth Inhibitors
Emerging Trends

CHAPTER SEVEN: U.S. MARKET SIZE AND FORECAST

Overview
Total U.S. Market Size and Forecast
Markets by Product Type
Vital Sign Monitoring
Diagnostic Monitoring
Specialized or Disease-Specific Monitoring
Markets by Major Disease
Asthma
Cancer
COPD
Diabetes
Heart Conditions
Other
End-User Markets
Hospitals/Acute Care Centers
Home Health/Telemedicine

CHAPTER EIGHT: CASE STUDIES

Overview
Examples of Implemented Technologies
Honeywell's LifeStream View
St. Alexius Medical Center (SAMC) Telemedicine Project
Ottawa Hospital--Ottawa, Ontario
Philips ICU Telemedicine Program
Southeast Alabama Medical Center--Dothan, Alabama
Meridian Health—New Jersey
Mount Sinai Hospital and the University Health Network
(UHN)—New York, New York
Sentara Healthcare—Norfolk, Virginia
Provena Health--Mokena, Illinois
The Whole Child Pediatrics P.S.C.—Florence, Kentucky
Remote Monitoring with Honeywell HomMed
Rural Wireless Healthcare: 3G Mobile Medicine

CHAPTER NINE: CORPORATE PROFILES

Introduction
Patents
Profiles
Abbott Laboratories
  Company Overview
  Patents
  Performance Review
Aerotel Medical Systems
  Company Overview
  Patents
Alere
  Company Overview
  Patents
  Performance Review
AMD Global Telemedicine
  Company Overview
  Patents
American TeleCare
  Company Overview
  Patents
AuthentiDate
Company Overview
Relevant Patents
Performance Review
B. Braun
  Company Overview
  Patents
  Performance Review
Baxter
  Company Overview
  Patents
  Performance Review
Bosch
  Company Overview
  Patents
  Performance Review
Boston Scientific
  Company Overview
  Patents
  Performance Review
C.R.Bard
  Company Overview
  Patents
  Performance Review
Cardiocom
  Company Overview
  Patents
Carematix
Company Overview
Compumedics
  Company Overview
  Patents
  Performance Review
Covidein
  Company Overview
  Patents
  Performance Review
Criticare Systems
  Company Overview
  Patents
  Performance Review
Cybernet Medical
  Company Overview
  Patents
Dräger Medical
  Company Overview
  Patents
  Performance Review
GE Healthcare
  Company Overview
  Patents
  Performance Review
Getinge Group
  Company Overview
  Patents
  Performance Review
GlobalMed Group
Company Overview
Performance Review
Hoana Medical
Company Overview
Honeywell HomMed
Company Overview
Performance Review
Infinium Medical
Company Overview
InTechnology
Company Overview
Performance Review
Intel Corporation
  Company Overview
  Patents
  Performance Review
InTouch Health
  Company Overview
  Patents
Johnson & Johnson
  Company Overview
  Patents
  Performance Review
Company Overview
Performance Review
Masimo
  Company Overview
  Patents
  Performance Review
  Company Overview
  Patents
  Performance Review
Mindray
  Company Overview
  Patents
  Performance Review
Nihon Kohden
  Company Overview
  Patents
  Performance Review
Omron Healthcare
  Company Overview
  Patents
  Performance Review
OSI Systems
  Company Overview
  Patents
  Performance Review
  Company Overview
  Patents
  Performance Review
Proteus Digital Health
  Company Overview
  Patents
Roche
  Company Overview
  Patents
  Performance Review
Second Opinion Telehealth
Company Overview
Schiller
Company Overview
Smiths Medical
  Company Overview
  Patents
  Performance Review
St. Jude Medical
  Company Overview
  Patents
  Performance Review
Welch Allyn
  Company Overview
  Patents

APPENDIX A: REGULATORY AUTHORITIES AND ORGANIZATIONS ..375

APPENDIX B: LIST OF COMPANIES