Patient Monitoring

The market place for patient monitoring in emerging countries (China, India and Brazil) is anticipated to grow at Compounded Annual Development Price (CAGR) of 8% to attain revenues of $ 686m in 2016. The industry is anticipated to be driven primarily due to increasing patient population. Huge pool of elderly population in these countries is the key driving factor for development in these markets along with the substantial boost in disposable revenue in these countries which has raised the affordability of healthcare.

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Of the total revenue generated inside the patient monitoring marketplace in emerging countries in 2009, multiparameter patient monitors accounted for 63% of the income. Increasing demand coupled with greater acceptance of multiparameter monitors is probably to increase the income share, which is forecast to reach 69% by 2016.

In 2009, patient monitoring leads and multirae monitors electrodes accounted for 23% of the revenue generated, while the other people such as non-invasive blood pressure monitors, micro-electromechanical systems, neonatal monitors, fetal monitors and remote patient monitoring combined together accounted for only 14% share.

China is the biggest geographical contributor to revenues in patient monitoring marketplace among emerging nations. Chinas patient monitoring market place was valued at $ 221.6m in 2009 and accounts for about 56% of the revenues in emerging nations patient monitoring industry. The income share for China is expected to attain 60% by 2016 with CAGR of 9% over 20092016. Apart from the increasing elderly population, not too long ago introduced healthcare reforms are forecast to drive the patient monitoring industry.

Philips Healthcare with a market share of 25% is the leader in the patient monitoring market place in emerging countries. The market place in emerging countries is hugely fragmented with presence of numerous small local players. Philips Healthcare maintains the leadership position in multirae monitors these markets with sturdy dominance in markets such as multiparameter patient monitoring segment along with sturdy brand recognition and a extensive item portfolio.

GlobalDatas new report, Patient Monitoring – Emerging Nations (China, India, Brazil) Opportunity Assessment, Competitive Landscape and Marketplace Forecasts to 2016 supplies important data, information and analysis on the global patient monitoring market. The report provides market landscape, competitive landscape and marketplace trends details on the patient monitoring marketplace. The report provides comprehensive data on the important trends affecting the market place, and essential analytical content material on the industry dynamics. The report also evaluations the competitive landscape and technology offerings.

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