Market Research Logo

Global Multi-Parameter Patient Monitoring Equipment Market 2016-2020

Global Multi-Parameter Patient Monitoring Equipment Market 2016-2020

About Multiparameter Patient Monitoring Equipment

Multiparameter patient monitoring equipment includes a core monitor box with slots in which separate units for several parameters can be fitted, and readings can be taken. Multiparameter patient monitoring equipment monitor an individual’s health and helps medical professionals to decide on the treatment required as well as track the progress of a disease during treatment. Multiparameter patient monitoring is especially effective in the management of chronic diseases and post-acute care. The multiparameter remote monitoring devices are used by medical professionals in hospitals as well as by individual users at home.

Technavio’s analysts forecast the global multiparameter patient monitoring equipment market to grow at a CAGR of 4.77% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global multiparameter patient monitoring equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of multiparameter patient monitoring equipment to hospitals, ambulatory care centers, and home healthcare.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Multiparameter Patient Monitoring Equipment Market 2016-2020, 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
  • CAS Medical Systems
  • GE Healthcare
  • Mindray Medical International
  • Philips Healthcare
  • Spacelabs Healthcare
Other prominent vendors
  • CareTaker Medical
  • Contec Medical Systems
  • Corsens Medical
  • Drägerwerk
  • EarlySense
  • Edwards Lifesciences
  • Guangdong Biolight Meditech
  • InfoBionic
  • Lifebridge Health
  • Masimo
  • Mennen Medical
  • Mortara Instrument
  • Omron Healthcare
  • Respirtech
  • Schiller
  • Xhale
Market driver
  • Paradigm shift of multiparameter patient monitoring equipment from hospital care to ambulatory and mobility services
  • For a full, detailed list, view our report
Market challenge
  • Huge amount of data hampering key decision making of clinicians
  • For a full, detailed list, view our report
Market trend
  • Advent of wearable multiparameter patient monitoring equipment and integration with smartphones
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Multiparameter Patient Monitoring Equipment Market 2016-2020

Technavio recognizes the following companies as the key players in the global multiparameter patient monitoring equipment market: CAS Medical Systems, GE Healthcare, Mindray Medical International, Philips Healthcare, and Spacelabs Healthcare.

Other Prominent Vendors in the market are: CareTaker Medical, Contec Medical Systems, Corsens Medical, Drägerwerk, EarlySense, Edwards Lifesciences, Guangdong Biolight Meditech, InfoBionic, Lifebridge Health, Masimo, Mennen Medical, Mortara Instrument, Omron Healthcare, Respirtech, Schiller, and Xhale.

Commenting on the report, an analyst from Technavio’s team said: “Emergence of advanced multiparameter patient monitoring equipment will be a key trend for market growth. The market has been witnessing a growing adoption of multiparameter patient monitoring equipment for emerging applications such as neonatal care and pediatrics. For instance, according to the American Thoracic Society, the prevalence of respiratory disorders is more in pediatrics. Also, the traditional multiparameter patient monitoring systems have limited use in neonatal care owing to the complexities in the procedure. Current methods use sensors on the skin or devices strapped to the body for the measurement of SpO2, respiratory rate, and other vital signs.”

According to the report, one of the key drivers for market growth will be increase in demand for home care monitoring equipment. To measure the chronic conditions, most people prefer digital, portable, and easy-to-use multiparameter patient monitoring that can be used at home. The focus on quality care and disease management will lead to an increase in adoption of portable, self-care, multiparameter patient monitoring devices, especially in developed countries. For instance, individuals with low/high blood pressure can take better care of themselves at home. The demand for wireless multiparameter home care monitoring is likely to propel the growth of the market during the forecast period.

Further, the report states that the multiparameter patient monitoring equipment includes the transfer of individual's health data to healthcare providers, which could be a challenge for the market. The implications of giving up the individual's health data are enormous. They can share a large amount of data associated with personal health and fitness to an unquantifiable audience. Since these devices store a significant amount of sensitive information, it can cause a disruption in work for users. Further, the devices used in home healthcare use Global Positioning System (GPS) navigation to retrieve location-based information. In some instances, people have to share their location to obtain certain information.

Companies Mentioned

CAS Medical Systems, GE Healthcare, Mindray Medical International, Philips Healthcare, Spacelabs Healthcare, CareTaker Medical, Contec Medical Systems, Corsens Medical, Drägerwerk, EarlySense, Edwards Lifesciences, Guangdong Biolight Meditech, InfoBionic, Lifebridge Health, Masimo, Mennen Medical, Mortara Instrument, Omron Healthcare, Respirtech, Schiller, Xhale.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Patient monitoring
      • Table Factors affecting adoption of multiparameter patient monitoring equipment
    • Specifications of multiparameter patient monitoring equipment
      • Table Specifications of multiparameter patient monitoring
      • Table Market opportunities of multiparameter patient monitoring equipment market in major applications
  • Market landscape
    • Market overview
      • Table Global multiparameter patient monitoring equipment market analysis
      • Table Global multiparameter patient monitoring equipment market 2015-2020 ($ billions)
      • Table Global multiparameter patient monitoring equipment market: Opportunity analysis
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by acuity level
    • Table Segmentation of global multiparameter patient monitoring equipment market by acuity level 2015-2020
    • Table Growth rate and revenue of global multiparameter patient monitoring equipment market by acuity level 2015
    • Table Segmentation of global multiparameter patient monitoring equipment market by acuity level
    • High-acuity level monitoring
    • Global high-acuity level multiparameter patient monitoring equipment market
    • Market size and forecast
      • Table Global high-acuity level multiparameter patient monitoring equipment market 2015-2020 ($ billions)
      • Table Global high-acuity level multiparameter monitoring equipment market: Opportunity analysis
    • Mid-acuity level monitoring
    • Global mid-acuity level multiparameter patient monitoring equipment market
    • Market size and forecast
      • Table Global mid-acuity level multiparameter patient monitoring equipment market 2015-2020 ($ billions)
      • Table Global mid-acuity level multiparameter monitoring equipment market: Opportunity analysis
    • Low-acuity level monitoring
    • Global low-acuity level multiparameter patient monitoring equipment market
    • Market size and forecast
      • Table Global low-acuity level multiparameter patient monitoring equipment market 2015-2020 ($ billions)
      • Table Global low-acuity level multiparameter monitoring equipment market: Opportunity analysis
      • Table Global multiparameter patient monitoring equipment market by acuity level 2015-2020 ($ billions)
      • Table Global multiparameter patient monitoring equipment market by acuity level 2015-2020
      • Table Global multiparameter patient monitoring market analysis by acuity level (2015-2020)
  • Market segmentation by end-user
    • Table Global multiparameter patient monitoring equipment market by end-user 2015
    • Hospitals
    • Ambulatory care centers
    • Home care
  • Geographical segmentation
    • Table Geographical presence of global multiparameter patient monitoring equipment market
    • Table Global multiparameter patient monitoring equipment: Regional market lifecycle analysis
    • Table Global multiparameter patient monitoring equipment market by geography 2015 and 2020
    • Table Global multiparameter patient monitoring equipment market by geography
    • Table Global multiparameter patient monitoring equipment market by geography 2015-2020 ($ billions)
    • Table Global multiparameter patient monitoring equipment market by geography 2015-2020)
    • Multiparameter patient monitoring equipment market in Americas
    • Market size and forecast
      • Table Multiparameter patient monitoring equipment market in Americas 2015-2020 ($ billions)
    • Multiparameter patient monitoring equipment market in EMEA
    • Market size and forecast
      • Table Multiparameter patient monitoring equipment market in EMEA 2015-2020 ($ billions)
    • Multiparameter patient monitoring equipment market in APAC
    • Market size and forecast
      • Table Multiparameter patient monitoring equipment market in APAC 2015-2020 ($ billions)
  • Market drivers
    • Evolution of remote patient monitoring equipment
      • Table Remote monitoring of individuals with various chronic diseases 2015-2020 ($ millions)
      • Table Evolution of remote patient monitoring with multiparameter patient monitoring
    • Increasing demand for better algorithm-based monitoring equipment
      • Table Algorithm-based monitoring versus traditional monitoring
    • Paradigm shift of multiparameter patient monitoring equipment from hospital care to ambulatory and mobility services
      • Table The transition of multiparameter patient monitoring equipment across various applications
    • Increase in demand for home care monitoring equipment
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Financial and budget constraints of hospitals
    • Data security issues
    • Huge amount of data hampering key decision making of clinicians
      • Table Force field analysis of multiparameter patient monitoring equipment market
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emergence of advanced multiparameter patient monitoring equipment enhancing scope across new applications
    • Advent of wearable multiparameter patient monitoring equipment and integration with smartphones
    • Emergence of new technology platforms in multiparameter patient monitoring equipment
    • Increased adoption of portable wireless patient monitoring
      • Table Impact assessment of key trends in multiparameter patient monitoring equipment market
  • Vendor landscape
    • Competitive scenario
      • Table Existence of vendors in multiparameter patient monitoring equipment market
    • Key news
  • Key vendor analysis
    • CAS Medical Systems
      • Table CAS Medical Systems: Metrics analysis
    • GE Healthcare
      • Table GE Healthcare: Metrics analysis
    • Mindray Medical International
      • Table Mindray Medical International: Product segments
      • Table Mindray Medical International: Patient monitoring and life support products segment revenue 2012-2014 ($ millions)
      • Table Mindray Medical International: Metrics analysis
    • Philips Healthcare
      • Table Philips Healthcare: Product segments
      • Table Philips Healthcare: Metrics analysis
    • Spacelabs Healthcare
      • Table Spacelabs Healthcare: Divisions
      • Table Spacelabs Healthcare: Metrics analysis
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report