Research and Markets: The Future of the Patient Monitoring Market - The Global Patient Monitoring Market is Forecast to Exceed $8 Billion by 2015

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/dcef58/the_future_of_the) has
announced the addition of Global Markets Direct's new report "The Future of the
Patient Monitoring Market to 2015" to their offering.

The Future of the Patient Monitoring Market to 2015

"The Future of the Patient Monitoring Market to 2015" provides key data,
information and analysis on the global patient monitoring market. The report
provides market landscape, competitive landscape and market trends information
on five market categories including multiparameter patient monitoring,
non-invasive blood pressure monitors, wireless and ambulatory monitoring
micro-electromechanical systems and remote patient monitoring. This report
provides comprehensive information on the key trends affecting these categories
and key analytical content on the market dynamics. The report also reviews the
competitive landscape in terms of pipeline products and technology offerings.

The Global Patient Monitoring Market Forecast to Exceed $8 Billion by 2015

Global Markets Direct estimates that the global market for patient monitoring
systems was valued at around $7 billion in 2008. The market is forecast to
exceed $8 billion by 2015 with a CAGR of 3%. The market is expected to be driven
by the increasing need to control rising healthcare costs, technological
advances and an aging population. Increasing affordability of computer based
monitoring is leading to large scale deployment of patient monitoring systems
across all units within hospitals. Technological improvements are helping in
meeting the demands of an increasing number of patients, and have also helped in
reducing the need for healthcare professionals who need not be at the bed side
of the patient all the time.

Multiparameter Patient Monitoring Systems and Non-Invasive Blood Pressure
Monitors Are the Key Categories within the Global Patient Monitoring Market

Multiparameter patient monitoring systems and non-invasive blood pressure
monitors market categories together accounted for 70% of the global patient
monitoring market in 2008. The multiparameter patient monitoring systems market
is expected to be driven by portability and ease of use of the systems. Such
systems also improve economies of scale for the hospitals and the overall
healthcare system in general. Non-invasive blood pressure monitors market is
expected to be driven by increasing affordability and an increase in demand for
home and self care products.

Economic Downturn in the Developed Economies Is Having a Negative Effect on
Patient Monitoring Market

The economic downturn in the developed economies has forced hospitals to reduce
their budgetary spend. Even the government sponsored healthcare agencies such as
the UK National Health Service (NHS) are reducing their budgetary spend. The
economic downturn has also resulted in millions of job losses which led to the
loss of insurance for individuals in some economies such as the US. This is
leading to a reduction in the affordability of the patients. Restrained spending
by the institutions and low affordability of the individuals are restraining the
growth in the patient monitoring market.

Scope:

* The report covers data and analysis on the patient monitoring market in the
leading geographies of the world - the US, Canada, UK, Germany, France, Italy,
Spain, Japan, China, India, Australia, and Brazil.
* The report covers global market size and company share data for five market
categories including micro-electromechanical systems, multiparameter patient
monitoring, non-invasive blood pressure monitors, remote patient monitoring and
wireless and ambulatory monitoring.
* Annualized market revenues data from 2001 to 2008, forecast forward for 7
years to 2015. Updated company shares data for 2008.
* The report provides qualitative analysis of market drivers, restraints, future
outlook and challenges by categories and segments.
* The report also covers information on the leading market players, the
competitive landscape, and the leading pipeline products and technologies. Key
companies covered include Philips Medical Systems, GE Healthcare, OMRON
HEALTHCARE Co., Ltd., Drager Medical AG & Co. KG, Mindray Medical International
Limited and Nihon Kohden Corporation
* Insight into the key mergers and acquisitions (M&As), partnerships, venture
capital and private equity investments.
* The report is built using data and information sourced from proprietary
databases, primary and secondary research and in house analysis by Global
Markets Direct's team of industry experts.

For more information visit
http://www.researchandmarkets.com/research/dcef58/the_future_of_the

Research and Markets
Laura Wood, Senior Manager, press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2009