Multi-Parameter Vital Sign Monitoring Market Report | United States | 2019-2025 | MedCore

  • Year: 2019
  • Scope: 2015-2025
  • Region: United States
  • Pages: 544
  • Type: MedCore

Future growth in the market will be driven primarily by the expansion of the low-acuity monitoring market across both hospital and alternate care settings. The mid-acuity market, on the other hand, will grow steadily in hospitals as patients are being transferred out of higher acuity areas more quickly. Mid-acuity monitors, which are capable of performing invasive monitoring while maintaining a transportable size, are well positioned to play a role in addressing this ongoing trend. High-acuity and central station monitoring, on the other hand, will remain largely stable, as unit volumes are driven by the replacement of old 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.

Segments Covered in This Market

  • Low-Acuity Vital Signs Monitoring Market (Hospital, Alternate Care)
  • Mid-Acuity Vital Signs Monitoring Market (Hospital, Alternate Care)
  • High-Acuity Vital Signs Monitoring Market
  • Central Station Monitoring Market (Low- Acuity, Mid-Acuity, High-Acuity)

Report Data Types Included

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares
  • Product Portfolios
  • Related Press Releases from Top Competitors

Companies Analyzed

Of the many companies in the U.S. Multi-Parameter Vital Sign Monitoring Market, Philips Healthcare was the leader, followed by GE Healthcare and Mindray Medical. Philips Healthcare’s IntelliVue™ and SureSigns™ product lines range from low-acuity to high-acuity and have product designs ranging from extremely compact to portable bedside units. These systems connect with the IntelliVue Information Center™ or PIIC iX™ central monitoring system, which offers real-time monitoring, review applications and clinical decision support (CDS) tools, such as Philip’s exclusive STEMI™ Limit Map. Other companies analyzed include Spacelabs Healthcare, Nihon Kohden, Dräger Medical, and Welch Allyn.

About Our In-Depth MedCore Research

Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.

This MedCore is also found in the full report suite titled U.S. Market Report Suite for Patient Monitoring Equipment – MedSuite

Learn More about these product types

FREE Sample Report

The "Multi-Parameter Vital Sign Monitoring Market Report " includes analysis on the following companies currently active in this market: Philips Healthcare GE Healthcare Mindray Medical Spacelabs Healthcare Welch Allyn Nihon Kohden Dräger Medical Others: Analogic Corporation, Biolight, Bionet, Carewell, ChoiceMMed, Comen, Criticare Systems, Fukuda Denshi, Huntleigh Healthcare, Infinium Medical, Ivy Biomedical, etc *Not all companies may be currently active in every segment. For more details contact an iData Research Product Advisor.

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

Click Here to Read More About Our Methodology