The market is segmented into devices pertaining to multi-parameter vital signs monitoring, wireless ambulatory telemetry, telehealth, intracranial pressure monitoring, electromyogram, electroencephalography, cerebral oximetry, fetal and neonatal monitoring, pulse oximetry, cardiac output monitoring and blood pressure monitoring.
Revenue growth since the end of the recession in 2011 has varied across segments; however, the overall market continues to see recovery motivated by the need to replace equipment that had been retained during the economic downturn. Future growth is expected due to the continued expansion of vital sign monitoring in low-acuity areas of hospitals, alternate care and home settings. Furthermore, advancements in device connectivity and interoperability will drive the total market as these improvements will help in stabilizing the price decline across segments. In the case of segments that are matured, and thus heavily reliant upon replacement sales, revenue growth may still be driven by the sales of consumables, which are increasing as a result of growing procedural volumes and increased awareness.
The U.S. market for patient monitoring devices and equipment includes products that are designed to measure and observe changes in vital signs, or the neurological, homodynamic and cardiac functions of a patient. The devices exist within almost all areas of hospitals and alternate care sites and are also used in patient homes. Patient monitoring devices are also used for diagnosing patients with certain health complications, providing alerts and tracking treatments. They are aimed at effectively, accurately and quickly obtaining readings that allow health care professionals to make appropriate decisions for patient care. In many cases, patient monitoring devices play a key role in influencing treatments and patient outcomes.
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TABLE OF CONTENTS I
LIST OF FIGURES III
LIST OF CHARTS V
EXECUTIVE SUMMARY 1
U.S. PATIENT MONITORING DEVICE AND EQUIPMENT MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 8
MARKETS INCLUDED 12
MARKET DEVELOPMENTS 17
KEY REPORT UPDATES 19
VERSION HISTORY 20
RESEARCH METHODOLOGY 21
1.1 RESEARCH SCOPE 21
1.2 IDATA’S 9-STEP METHODOLOGY 21
1.2.1 Step 1: Project Initiation & Team Selection 21
1.2.2 Step 2: Prepare Data Systems and Perform Secondary Research 23
1.2.3 Step 3: Preparation for Interviews & Questionnaire Design 24
1.2.4 Step 4: Performing Primary Research 25
1.2.5 Step 5: Research Analysis: Establishing Baseline Estimates 27
1.2.6 Step 6: Market Forecast and Analysis 28
1.2.7 Step 7: Identify Strategic Opportunities 30
1.2.8 Step 8: Final Review and Market Release 31
1.2.9 Step 9: Customer Feedback and Market Monitoring 32
U.S. PATIENT MONITORING DEVICE AND EQUIPMENT MARKET OVERVIEW 33
2.1 INTRODUCTION 33
2.1.1 Monitoring Devices 33
2.1.2 Telehealth 34
2.2 MARKET OVERVIEW 36
2.3 TREND ANALYSIS 42
2.4 DRIVERS AND LIMITERS 46
2.4.1 Market Drivers 46
2.4.2 Market Limiters 47
2.5 COMPETITIVE MARKET SHARE ANALYSIS 50
2.6 MERGERS AND ACQUISITIONS 59
ABBREVIATIONS 65
Chart 1 1: Patient Monitoring Device and Equipment Market by Segment, U.S., 2013 – 2023 3
Chart 1 2: Patient Monitoring Device and Equipment Market Overview, U.S., 2016 & 2023 3
Chart 2 1: Patient Monitoring Device and Equipment Market by Segment, U.S., 2013 – 2023 40
Chart 2 2: Patient Monitoring Device and Equipment Market Breakdown, U.S., 2016 41
Chart 2 3: Patient Monitoring Device and Equipment Market Breakdown, U.S., 2023 41
Chart 2 4: Growth Rates by Segment, Patient Monitoring Device and Equipment Market, U.S., 2013 – 2023 45
Chart 2 5: Leading Competitors, Patient Monitoring Device and Equipment Market, U.S., 2016 58
Figure 1 1: Patient Monitoring Device and Equipment Market Share Ranking by Segment, U.S., 2016 (1 of 2) 4
Figure 1 2: Patient Monitoring Device and Equipment Market Share Ranking by Segment, U.S., 2016 (2 of 2) 5
Figure 1 3: Companies Researched in this Report, U.S., 2016 (1 of 2) 6
Figure 1 4: Companies Researched in this Report, U.S., 2016 (2 of 2) 7
Figure 1 5: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (1 of 4) 8
Figure 1 6: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (2 of 4) 9
Figure 1 7: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (3 of 4) 10
Figure 1 8: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (4 of 4) 11
Figure 1 9: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (1 of 5) 12
Figure 1 10: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (2 of 5) 13
Figure 1 11: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (3 of 5) 14
Figure 1 12: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (4 of 5) 15
Figure 1 13: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (5 of 5) 16
Figure 1 14: Recent Events in the Patient Monitoring Device and Equipment Market, U.S., 2012 – 2016 (1 of 2) 17
Figure 1 15: Recent Events in the Patient Monitoring Device and Equipment Market, U.S., 2012 – 2016 (2 of 2) 18
Figure 1 16: Key Report Updates (1 of 2) 19
Figure 1 17: Key Report Updates (2 of 2) 20
Figure 1 18: Version History 20
Figure 2 1: Patient Monitoring Device and Equipment Market by Segment, U.S., 2013 – 2023 (US$M) (1 of 2) 38
Figure 2 2: Patient Monitoring Device and Equipment Market by Segment, U.S., 2013 – 2023 (US$M) (2 of 2) 39
Figure 2 3: Patient Monitoring Device and Equipment Market Growth Rates by Segment, U.S., 2013 – 2023 (1 of 2) 43
Figure 2 4: Patient Monitoring Device and Equipment Market Growth Rates by Segment, U.S., 2013 – 2023 (2 of 2) 44
Figure 2 5: Drivers and Limiters, Patient Monitoring Device and Equipment Market, U.S., 2016 49
Figure 2 6: Leading Competitors, Patient Monitoring Device and Equipment Market, U.S., 2016 (1 of 2) 55
Figure 2 7: Leading Competitors, Patient Monitoring Device and Equipment Market, U.S., 2016 (2 of 2) 56
Figure 2 8: Other Notable Competitors, U.S. Patient Monitoring Equipment Market, 2016 57
Medtronic
Philips Healthcare
Masimo
GE Healthcare
Edwards Lifesciences
Mindray Medical
Natus Medical
Honeywell Life Sciences
Welch Allyn
Omron Healthcare
Nihon Kohden
Spacelabs Healthcare
St. Jude Medical
Nonin Medical
Boston Scientific
Others include: • A&D Medical • Cadwell Laboratories • Denshi • Medline • Samsung • ADC • Care Innovationsm • GE Healthcare • Medocity • Santa Medical • Advanced Brain Monitoring • Carewell • GlobalMed • Mennen Medical • Schiller • Advantage Home Telehealth • CAS Medical Systems • Telemedicine • Merit • Smiths Medical • Aerotel Medical Systems, • Cheetah Medical • Graham-Field • Microlife • Sophysa • AmbioHealth • ChoiceMMed • HoMedics • Neoventa • Spielberg • Ambu • Cnsystems • Huntleigh Healthcare • Nihon Kohden • SunTech Medical • AMC Healthcare • Codman & Shurtleff, • Hutchinson Technology • OBS Medical • Teleflex Medical • AMD Global • Compumedics • HydroDotICU Medical • Optum (UnitedHealth) • Tensys • Telemedicine • Constant Care Technology • IdealLife • Ornim Medical • Tunstall Healthcare • American Telecare • Contec Medical Systems • Infinium Medical • Osypka Medical • USCOM • American Well • Criticare Systems • Integra Lifesciences • Panasonic • Utah Medical
• AnalogicCorporation • Deltex Medical • Ives EEG Solutions • Philips Healthcare • Veridian Healthcare • Argon Medical • Devon Medical • Ivy • Physioflow • ViTel Net (ViTelCare) • AuthentiDate • Dräger Medical • Biomedical • Polymap Wireless • Viterion Telehealthcare • Avizia • EBNeuro • Labtron • Prestige Medical • VRI • B. Braun • Edwards Lifesciences • LG CNS • Pulsion Medical • WA Baum • Biolight • Electro Geodesics • LiDCO • Qardio • Welch Allyn • Biotronik • Entra Health • LifeWatchAG • RAUMEDIC • Zoe Medical • Briggs Healthcare • Fukuda • Mediaid Inc. • RhythmLink • Zynex Medicaletc
