Global Medical Facility Environmental Monitoring System Market 2018-2022

Global Medical Facility Environmental Monitoring System Market 2018-2022

About Medical Facility Environmental Monitoring System

Medical facility environmental monitoring systems are used for monitoring the temperature and humidity in hospitals, pharmaceutical facilities, and medical storage centers.

Technavio’s analysts forecast the global medical facility environmental monitoring system market to grow at a CAGR of 5.16% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global medical facility environmental monitoring system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Medical Facility Environmental Monitoring System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• ELPRO-BUCHS
• Halma (CenTrak)
• Mesa Labs
• STANLEY Healthcare
• The IMC Group

Market driver

• Higher efficiency than manual monitoring
• For a full, detailed list, view our report

Market challenge

• Improper execution of healthcare information systems
• For a full, detailed list, view our report

Market trend

• Growing adoption of cloud-based analytics
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global Medical Facility Environmental Monitoring System Market 2018-2022

Technavio recognizes the following companies as the key players in the global medical facility environmental monitoring system market: ELPRO-BUCHS, Halma (CenTrak), Mesa Labs, STANLEY Healthcare, and The IMC Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing adoption of cloud-based analytics. The deployment of cloud-based analytics to analyze the data captured for monitoring medical environments will reduce the need for managing a data warehouse. Cloud-based analytics facilitate access and ensure the availability of data at any location by using mobile devices.”

According to the report, one driver in the market is higher efficiency than manual monitoring. Medical facilities such as hospitals, blood banks, and pharmacies must constantly monitor temperature and humidity. Manual monitoring of temperature and humidity is a time-consuming task as it lacks real-time data trackers. Almost all the medical facilities must abide by strict regulations and are required to provide temperature readings during the process of storing or transporting medicine during regulatory audits.

Further, the report states that one challenge in the market is improper execution of healthcare information systems. The management in healthcare and medical facilities are in need of an integrated device to reduce interoperability issues. But integrating all the devices with healthcare information systems makes the entire system very expensive and makes it difficult for small and medium-sized hospitals to adopt the complete system due to financial constraints.

Companies Mentioned

ELPRO-BUCHS

Halma (CenTrak)

Mesa Labs

STANLEY Healthcare

The IMC Group