Patient Monitoring

Published - Apr 2006| Analyst - Andrew McWilliams| Code - HLC038B
Market Research Report Single User License: $2750 Member Price: FREE

Report Highlights

  • The U.S. market for patient monitoring devices and related consumable supplies such as disposable sensors was worth an estimated $4.3 billion in 2005. The market is projected to grow to $4.6 billion in 2006 and $6.3 billion by 2011, an AAGR of 6.7%.
  • The home-care market has the highest projected growth rate of any market segment (i.e., an average of 13.8% between 2006-2011). Other segments with relatively high growth rates include progressive care/cardio-pulmonary rehabilitation (4.8%) and long term/non-acute care (4.0%).
  • Across the market, there has been a noticeable trend away from bedside and tabletop monitors, towards hand-held and wearable monitors. With a projected growth rate of 12.8%, the market for hand-held and wearable monitors is expected to grow from $1 billion in 2005 (46% of the market, excluding consumables) to over $2 billion (59%) in 2011.

INTRODUCTION

Patient monitoring products measure, display and document physiological information obtained at regular intervals over time from sensors attached to the patient or other input devices. Measured parameters include electrocardiogram (ECG), invasive and non-invasive blood pressure, pulse rate, pulse oximetry, body temperature, respiration rate, end-tidal CO2 and other specialized parameters. Products vary from specialized single-parameter instruments to monitors with the ability to measure multiple parameters and interface with other instruments.

SCOPE OF STUDY

This comprehensive report:

  • Identifies and segments the main types of patient monitoring devices that have been commercialized to date
  • Analyzes the historical and current value of shipments of each of these product segments in specified applications and end-user markets
  • Identifies and evaluates the impact of demographic, technological, regulatory and other factors that will drive future demand in each of these segments
  • Forecasts the value of future shipments in each segment
  • Identifies promising new technologies and products still in the development and testing stage that are likely to be commercialized successfully in the next five years
  • Details leading vendors of patient monitoring devices and related equipment and analyzes industry structure (e.g., market shares, concentration, recent M&A activity).

METHODOLOGY AND INFORMATION SOURCES

The findings and conclusions of this report are based on information gathered from manufacturers and distributors of patient monitoring devices, from hospital experts, and from other end users. Interview data were combined with information gathered through an extensive review of secondary sources such as trade publications, trade association literature, company literature, and on-line databases to produce the baseline market estimates contained in this report.

The base year for analysis and projection is 2005. At the time this report was prepared (i.e., early 2006), year-end data for 2005 were not yet universally available. Where necessary, market estimates for 2005 were developed using interim (partial) data for 2005, combined with historical data for the years 2002 through 2004.

With 2005 as a baseline, market projections were developed for 2006 through 2011. These projections are based on a consensus among the primary contacts combined with our understanding of the key market drivers and their impact from a historical and analytical perspective. The analytical methodologies used to generate the market estimates are described in detail in the section on Detailed Market Projections.

All dollar projections presented in this report are in 2005 constant dollars.

ANALYST CREDENTIALS

The author of this report is Andrew McWilliams. Mr. McWilliams, a partner in the Boston-based international technology and marketing consulting firm of 43rd Parallel LLC, is the author of several other BCC Research studies including: B-186 Patient Monitoring Devices; B-127R Microelectronic Medical Implants: Products, Technologies, and Opportunities; B-159R Biosensors and Bioelectronics; GB-310 Nanosensors; and GB-309 Smart and Interactive Textiles.

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Note: Reports are discounted or included with certain Memberships. See Membership Options.
 
Published - Oct-2003| Analyst - Andrew McWilliams| Code - HLC038A

Report Highlights

  • The U.S. market will rise to $4.3 billion by 2008, at an average annual growth rate (AAGR) of 8.1%.
  • The home care market has the highest growth rate of any market segment.
  • Averaging 11.7%/year, the handheld monitor market will reach $1.6 billion in 2008.
  • The phone or wireless telemetry monitor market will reach $405 million in 2008.

CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
RELATED REPORTS
Share This Report