The market is dominated by one vendor, Medtronic, which acquired Covidien in January 2015; however, CAS Medical Systems has been a strong competitor for several years and Nonin Medical entered the market in 2010. CAS Medical utilizes a different technology from Medtronic (Covidien) and Nonin. Both technologies perform the same monitoring capabilities, but CAS Medical’s technology utilizes laser light to measure oxygen saturation, while Covidien and Nonin use light emitting diodes (LED). There is currently a trend towards to adopt laser based oximetry as this is known to produce a more accurate depiction of a patient’s oxygen saturation levels.
The technology for cerebral oximetry has been available for many years; however, despite high growth rates, cerebral oximetry is not considered standard of care. Until clinicians can understand the displayed value in a relative form, market growth will be restricted. Increased clinical research into the benefits of cerebral oximetry monitoring and recent evidence supporting improved patient outcomes serve as drivers for greater awareness and adoption among specialists.
Cerebral oximetry is a non-invasive technology that continuously monitors cerebral tissue oxygen saturation through optical techniques. More specifically, trans-cranial cerebral oximetry is a method to detect cerebral hypoxia and to avoid cerebral dysfunctions. Brain tissue saturation measurements are critical to monitoring the level of cerebral hypoperfusion. When coupled with pulse oximetry, cerebral oxygen saturation readings allow healthcare professionals to establish the effects of cerebral metabolism changes regionally and balance local cerebral oxygen supply (versus demand). When used in conjunction with other vital signs measurements, cerebral oxygenation measurements are effective at improving patient outcomes, such as cutting stroke incidences after open heart surgeries. Some recent studies include those within the following medical areas: adult and pediatric cardiac surgery, sleep studies, neurological intensive care unit (ICU) and emergency departments.
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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
CEREBRAL OXIMETRY MONITORING MARKET 33
2.1 INTRODUCTION 33
2.1.1 Oximetry Technologies 34
2.1.2 Market Impacts 34
2.2 MARKET OVERVIEW 35
2.3 MARKET ANALYSIS AND FORECAST 39
2.3.1 Cerebral Oximetry Monitor Market 39
2.3.2 Total Cerebral Oximetry Sensor Market 42
2.3.2.1 Adult Cerebral Oximetry Sensor Market 45
2.3.2.2 Pediatric Cerebral Oximetry Sensor Market 47
2.4 DRIVERS AND LIMITERS 49
2.4.1 Market Drivers 49
2.4.2 Market Limiters 49
2.5 COMPETITIVE MARKET SHARE ANALYSIS 51
ABBREVIATIONS 54
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: Cerebral Oximetry Monitoring Market by Segment, U.S., 2013 – 2023 37
Chart 2 2: Cerebral Oximetry Monitoring Market Breakdown, U.S., 2016 38
Chart 2 3: Cerebral Oximetry Monitoring Market Breakdown, U.S., 2023 38
Chart 2 4: Cerebral Oximetry Monitor Market, U.S., 2013 – 2023 41
Chart 2 5: Cerebral Oximetry Sensor Market, U.S., 2013 – 2023 44
Chart 2 6: Adult Cerebral Oximetry Sensor Market, U.S., 2013 – 2023 46
Chart 2 7: Pediatric Cerebral Oximetry Sensor Market, U.S., 2013 – 2023 48
Chart 2 8: Leading Competitors, Cerebral Oximetry Monitoring Market, U.S., 2016 53
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: Cerebral Oximetry Monitoring Market by Segment, U.S., 2013 – 2023 (US$M) 36
Figure 2 2: Cerebral Oximetry Monitor Market, U.S., 2013 – 2023 40
Figure 2 3: Total Cerebral Oximetry Sensor Market, U.S., 2013 – 2023 43
Figure 2 4: Adult Cerebral Oximetry Sensor Market, U.S., 2013 – 2023 45
Figure 2 5: Pediatric Cerebral Oximetry Sensor Market, U.S., 2013 – 2023 47
Figure 2 6: Drivers and Limiters, Cerebral Oximetry Monitoring Market, U.S., 2016 50
Figure 2 7: Leading Competitors, Cerebral Oximetry Monitoring Market, U.S., 2016 52
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
