European Market Report for Multi-Parameter Vital Signs Monitoring 2016 - MedCore
Nearly all patients within critical care units, operating theaters, recovery and step down wards are monitored by multi-parameter devices. Since almost all patients within these medical departments undergo acute procedures, it is vital that their physiological states are monitored. Moreover, multi-parameter monitoring devices are used in hospital neonatal and pediatric units as well as alternate care facilities. Monitoring enables clinicians and other healthcare professionals to respond quickly, efficiently and accurately to changes in a patient’s vital signs and other bodily processes in order to prevent future complications or even death.
In less critical areas, multi-parameter devices are becoming increasingly used for improving the accuracy of a medical professional’s judgment and for helping anticipate the patient’s changing condition. Multi-parameter devices are becoming more commonly found in emergency rooms (ER) and general ward areas.
A multi-parameter device’s functions range from 2 to 12 parameter depending on device acuity level. Low-acuity devices are generally able to monitor one to five parameters and high-acuity devices are able to monitor six to 12 parameters. In general, hard-wired multi-parameter monitoring devices can either be configured or modular. Low-acuity devices are generally configured, as they are designed to monitor specific parameters and are less flexible than modular devices. Modular devices may have a configured component built-in upon purchase, and SpO2 units from Masimo or Nellcor (Medtronic) were the most popular. However, the dominant characteristic of these devices is their set of interchangeable ports that allow parameter modules to be plugged in and incorporated into the monitoring process. Patient-worn telemetry devices, which are also referred to as ambulatory telemetry devices, have traditionally been used for monitoring one or two parameters. However, recent advancements have enabled these devices to monitor, on average, three to four parameters. A typical device would exhibit a combination of all or some of the parameters listed below. Additionally, other options included in the table below are features that are often available but are not the main function of the device.
The average lifespan of a multi-parameter monitoring device is nine years; however, software updates may occur more frequently depending on the rate of technological advancement. Monitors are known to be used for as long as fifteen years, when there is no budget for capital equipment.
Multi-parameter monitoring devices are used throughout hospitals for collecting data for monitoring and diagnostic purposes. They measure patient vital signs, in addition to neurological, respiratory, anesthetic and hemodynamic statuses. The multi-parameter vital signs monitoring market consists of devices that perform continuous or intermittent data collection. This data may be analyzed and display notifications relating to a patient’s condition. This information allows clinicians to monitor changes to a patient’s status as a result of administered treatment, or to help diagnose the patient.
- SUITE EXECUTIVE SUMMARY
- EUROPEAN PATIENT MONITORING MARKET OVERVIEW
- COMPETITIVE ANALYSIS
- MARKET TRENDS
- MARKET DEVELOPMENTS
- MARKETS INCLUDED
- KEY REPORT UPDATES
- VERSION HISTORY
- RESEARCH METHODOLOGY
- 1.1 RESEARCH SCOPE
- 1.2 IDATA’S 9-STEP METHODOLOGY
- Step 1: Project Initiation & Team Selection
- Step 2: Prepare Data Systems and Perform Secondary Research
- Step 3: Preparation for Interviews & Questionnaire Design
- Step 4: Performing Primary Research
- Step 5: Research Analysis: Establishing Baseline Estimates
- Step 6: Market Forecast and Analysis
- Step 7: Identify Strategic Opportunities
- Step 8: Final Review and Market Release
- Step 9: Customer Feedback and Market Monitoring
- COUNTRY PROFILES
- 2.1 INTRODUCTION
- 2.1.1.1 Population
- 2.1.1.2 Median Age
- 2.1.1.3 GDP Per Capita
- 2.1.1.4 Price Index
- 2.2 GERMANY
- 2.3 FRANCE
- 2.4 UNITED KINGDOM
- 2.5 ITALY
- 2.6 SPAIN
- 2.7 BENELUX
- 2.8 SCANDINAVIA
- 2.9 AUSTRIA
- 2.10 SWITZERLAND
- 2.11 PORTUGAL
- MULTI-PARAMETER VITAL SIGNS MONITORING MARKET
- 3.1 INTRODUCTION
- 3.2 MARKET OVERVIEW
- 3.3 MARKET ANALYSIS AND FORECAST
- 3.3.1 High-Acuity Monitoring Market
- 3.3.2 Mid-Acuity Monitoring Market
- 3.3.3 Low-Acuity Monitoring Market
- 3.3.4 Central Station Monitoring Market
- 3.4 DRIVERS AND LIMITERS
- 3.4.1 Market Drivers
- 3.4.2 Market Limiters
- 3.5 COMPETITIVE MARKET SHARE ANALYSIS
- ABBREVIATIONS
- List of Charts
- Chart 1 1: Patient Monitoring Market by Segment, Europe, 2012 – 2022
- Chart 1 2: Patient Monitoring Market Overview, Europe, 2012 & 2022
- Chart 2 1: Country Profile, Germany, 2015
- Chart 2 2: Country Profile, France, 2015
- Chart 2 3: Country Profile, United Kingdom, 2015
- Chart 2 4: Country Profile, Italy, 2015
- Chart 2 5: Country Profile, Spain, 2015
- Chart 2 6: Country Profile, Benelux, 2015
- Chart 2 7: Country Profile, Scandinavia, 2015
- Chart 2 8: Country Profile, Austria, 2015
- Chart 2 9: Country Profile, Switzerland, 2015
- Chart 2 10: Country Profile, Portugal, 2015
- Chart 3 1: Multi-Parameter Vital Signs Monitoring Market by Segment, Europe, 2012 – 2022
- Chart 3 2: Multi-Parameter Vital Signs Monitoring Market Breakdown, Europe, 2015
- Chart 3 3: Multi-Parameter Vital Signs Monitoring Market Breakdown, Europe, 2022
- Chart 3 4: High-Acuity Monitoring Market, Europe, 2012 – 2022
- Chart 3 5: Mid-Acuity Monitoring Market, Europe, 2012 – 2022
- Chart 3 6: Low-Acuity Monitoring Market, Europe, 2012 – 2022
- Chart 3 7: Central Station Monitoring Market, Europe, 2012 – 2022
- Chart 3 8: Leading Competitors, Multi-Parameter Vital Signs Monitoring Market, Europe, 2015
- List of Figures
- Figure 1 1: Patient Monitoring Competitor Market Share Ranking by Segment, Europe, 2015 (1 of 2)
- Figure 1 2: Patient Monitoring Competitor Market Share Ranking by Segment, Europe, 2015 (2 of 2)
- Figure 1 3: Companies Researched in this Report, Europe, 2015
- Figure 1 4: Factors Impacting the Patient Monitoring Market by Segment, Europe (1 of 4)
- Figure 1 5: Factors Impacting the Patient Monitoring Market by Segment, Europe (2 of 4)
- Figure 1 6: Factors Impacting the Patient Monitoring Market by Segment, Europe (3 of 4)
- Figure 1 7: Factors Impacting the Patient Monitoring Market by Segment, Europe (4 of 4)
- Figure 1 8: Recent Events in the Patient Monitoring Market, Europe, 2012 – 2015 (1 of 2)
- Figure 1 9: Recent Events in the Patient Monitoring Market, Europe, 2012 – 2015 (2 of 2)
- Figure 1 10: Patient Monitoring Markets Covered, Europe, 2015 (1 of 2)
- Figure 1 11: Patient Monitoring Markets Covered, Europe, 2015 (2 of 2)
- Figure 1 12: Key Report Updates
- Figure 1 13: Version History
- Figure 3 1: List of Parameter Capabilities by Product Type, Europe, 2015
- Figure 3 2: Multi-Parameter Vital Signs Monitoring Market by Segment, Europe, 2012 – 2022 (€M)
- Figure 3 3: Multi-Parameter Vital Signs Monitoring Market by Segment, Europe, 2012 – 2022 (US$M)
- Figure 3 4: High-Acuity Monitoring Market, Europe, 2012 – 2022 (€ and US$)
- Figure 3 5: Units Sold by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022
- Figure 3 6: Average Selling Price by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (€)
- Figure 3 7: Average Selling Price by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (US$)
- Figure 3 8: Market Value by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (€M)
- Figure 3 9: Market Value by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (US$M)
- Figure 3 10: Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (€ and US$)
- Figure 3 11: Units Sold by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022
- Figure 3 12: Average Selling Price by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (€)
- Figure 3 13: Average Selling Price by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (US$)
- Figure 3 14: Market Value by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (€M)
- Figure 3 15: Market Value by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (US$M)
- Figure 3 16: Low-Acuity Monitoring Market, Europe, 2012 – 2022 (€ and US$)
- Figure 3 17: Units Sold by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022
- Figure 3 18: Average Selling Price by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (€)
- Figure 3 19: Average Selling Price by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (US$)
- Figure 3 20: Market Value by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (€M)
- Figure 3 21: Market Value by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (US$M)
- Figure 3 22: Central Station Monitoring Market, Europe, 2012 – 2022 (€ and US$)
- Figure 3 23: Units Sold by Country, Central Station Monitoring Market, Europe, 2012 – 2022
- Figure 3 24: Average Selling Price by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (€)
- Figure 3 25: Average Selling Price by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (US$)
- Figure 3 26: Market Value by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (€M)
- Figure 3 27: Market Value by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (US$M)
- Figure 3 28: Drivers and Limiters, Multi-Parameter Vital Signs Monitoring Market, Europe, 2015
- Figure 3 29: Leading Competitors by Segment, Multi-Parameter Vital Signs Monitoring Market, Europe, 2015