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2021
Multi-parameter Patient Monitoring Market

Multi-parameter patient monitoring Market: Global Opportunity Analysis and Industry Forecast 2020–2027

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COVID-19

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The multi-parameter monitors intended for providing various types of information on a single screen, therefore it furnishes all the information required for understanding the patient current situation. It appears like a monitor for offering the solution for differing critical care.

Multi-parameter patient monitoring dispenses an inclusive comprehension of patients by providing a wider scope of monitoring. Patient monitors supplies various information like central venous pressure, reading heart rate, ECG, non-invasive blood pressure, PaCO2, SpO2, and temperature and invasive blood pressure. These monitors consist of the alarm of the parameters are set and the caretakers are being alerted for variations far off the parameter set.

Multiparameter-patient-monitoring-Market

Based on the status of the patient, it needs several patient physiological parameters are required to be monitored. In this case, Multi-Parameter Patient Monitor MP50, MP70 is used. Patient devices are usually modular or are configured beforehand in their concept. These multi-parameter patient monitors are usually placed beside the patient beds and arrangements are made for parameter monitoring which consists of the NIBP, ECG, Temperature, and Invasive Blood Pressures (IBP’S) and SPO2.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Device Type, Acuity Level, Age Group, End User, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa.

  Companies covered

Major players analyzed include Epsimed, KizlonMedical, Mediana, Medion Healthcare, Medtronics, Mindray, Opto India, OSI Systems, Philips Healthcare, Skanray Technologies, Spacehealth Labs, VOTEM.

 

COVID-19 scenario analysis:

To take care of the infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With a rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil populations for precautionary measures.

Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.

Owing to such factors, COVID 19 is expected to have a significant impact on the Multi-parameter patient monitoring market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis:

Increasing frequencies of various diseases like diabetes and cancer in both the developed and developing countries are driving the growth of the multi-parameter patient monitoring equipments. Additionally, endocrine diseases like hyperthyroidism are also growing high specifically in the developing countries which results in the need for the vital parameters of critical monitoring and surgeries. Furthermore, other trends in the demographics like growing diseases and infections in the population are leading to the growth of the multi-parameter patient monitoring market.

There has also been an increase in the awareness in regards to the technology available and advancements in the multi-parameter patient monitors, various governments in the developing economies have come up with new and various initiatives which are helping in the improvement of the awareness within the doctors. Moreover, developing economies are very preservative when it comes to the economic factors of the devices and therefore, the regulatory authorities and government are tackling these issues by bringing up new initiatives for the lowering of the prices of multi-parameter monitors.

Advances in the monitoring devices like remote patient monitoring, homecare healthcare services, and wireless devices furnished by the help of like cloud and Wi-Fi are propelling the multimodal market growth.

On the other hand, stringent regulatory framework by the regulatory authorities along with the expensive charges associated with the multiparameter monitoring devices are the major challenges faced by the multi-parameter patient monitoring market.

New product launches and acquisitions to flourish the market:

On December 10th, 2019, Nihon Kohden Corporation introduced its new monitors' named Life Scope SVM-7200 series for the U.S. outpatient facilities.

Surge in usage in hospitals and patients segment applications:

Hospitals, Homecare Settings, and Ambulatory surgical centers (ASC) are the major consumers of the multi-parameter patient monitoring market. Amongst them, hospitals and the Ambulatory surgical center are the biggest end-users. This is due to the increasing demand and significant number in the intensive care units. Ambulatory surgical centers are also increasing on a large scale. The requirement of technological advances like transportable multi-parameter patient monitoring is higher in ASCs.

Key segments covered:

 

Segments

Sub-segments

Device Type

  • Portable
  • Fixed

Acuity Level

  • High-acuity multiparameter patient monitors
  • Mid-acuity multiparameter patient monitors
  • Low-acuity multiparameter patient monitors

Age Group

  • Adult
  • Pediatric
  • Geriatric

End User

  • Hospitals
  • Homecare settings
  • Ambulatory surgical centers (ASC)
  • Others

Regions

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

 

Key benefits of the report:

  • This study presents the analytical depiction of the global Multiparameter patient monitoring industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Multiparameter patient monitoring market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global Multiparameter patient monitoring market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Multiparameter patient monitoring Market research report:

  • What are the leading market players active in the Multiparameter patient monitoring market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS

3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities

CHAPTER 4 MULTI-PARAMETER MONITORING MARKET, BY PRODUCT TYPE 

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. HIGH-ACUITY MONITORS

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast

4.3. MID-ACUITY MONITORS

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast

4.4. LOW-ACUITY MONITORS

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast

CHAPTER 5 MULTI-PARAMETER MONITORING MARKET, BY END USER

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. HOSPITALS

5.2.1. Market size and forecast

5.3. AMBULATORY SURGICAL CENTERS (ASC)

5.3.1. Market size and forecast

5.4. HOME CARE 

5.4.1. Market size and forecast

CHAPTER 6 MULTI-PARAMETER MONITORING MARKET, BY GEOGRAPHY

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.2.3.1. U.S. market size and forecast
6.2.3.2. Canada market size and forecast
6.2.3.3. Mexico market size and forecast

6.2.4. North America Multi-Parameter Monitoring Market by Product Type
6.2.5. North America Multi-Parameter Monitoring Market by End User

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.3.3.1. Germany market size and forecast
6.3.3.2. France market size and forecast
6.3.3.3. UK market size and forecast
6.3.3.4. Spain market size and forecast
6.3.3.5. Rest of Europe market size and forecast

6.3.4. Europe Multi-Parameter Monitoring Market by Product Type
6.3.5. Europe Multi-Parameter Monitoring Market by End User

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.4.3.1. Japan market size and forecast
6.4.3.2. China market size and forecast
6.4.3.3. Australia market size and forecast
6.4.3.4. India market size and forecast
6.4.3.5. Rest of Asia-Pacific market size and forecast

6.4.4. Asia-Pacific Multi-Parameter Monitoring Market by Product Type
6.4.5. Asia-Pacific Multi-Parameter Monitoring Market by End User

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.5.3.1. Brazil market size and forecast
6.5.3.2. Turkey market size and forecast
6.5.3.3. Saudi Arabia market size and forecast
6.5.3.4. South Africa market size and forecast
6.5.3.5. Rest of LAMEA market size and forecast

6.5.4. LAMEA Multi-Parameter Monitoring Market by Product Type
6.5.5. LAMEA Multi-Parameter Monitoring Market by End User

CHAPTER 7 COMPANY PROFILES

7.1. GE HEALTHCARE

7.1.1. Operating business segments
7.1.2. Business performance
7.1.3. Key strategic moves and developments

7.2. MINDRAY MEDICAL INTERNATIONAL

7.2.1. Operating business segments
7.2.2. Business performance
7.2.3. Key strategic moves and developments

7.3. PHILIPS HEALTHCARE

7.3.1. Operating business segments
7.3.2. Business performance
7.3.3. Key strategic moves and developments

7.4. CORSENS MEDICAL

7.4.1. Operating business segments
7.4.2. Business performance
7.4.3. Key strategic moves and developments

7.5. DRÄGERWERK

7.5.1. Operating business segments
7.5.2. Business performance
7.5.3. Key strategic moves and developments

7.6. EARLYSENSE

7.6.1. Operating business segments
7.6.2. Business performance
7.6.3. Key strategic moves and developments

7.7. EDWARDS LIFESCIENCES

7.7.1. Operating business segments
7.7.2. Business performance
7.7.3. Key strategic moves and developments

7.8. GUANGDONG BIOLIGHT MEDITECH

7.8.1. Operating business segments
7.8.2. Business performance
7.8.3. Key strategic moves and developments

7.9. INFOBIONIC

7.9.1. Operating business segments
7.9.2. Business performance
7.9.3. Key strategic moves and developments

7.10. Lifebridge Health

7.9.4. Operating business segments
7.9.5. Business performance
7.9.6. Key strategic moves and developments

 
 
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