Patient Monitoring Market Analysis, Size, Trends | India | 2017-2023 | MedSuite (Includes 6 Reports)
- Year: 2017
- Scope: 2013-2023
- Region: India
- Pages: 246
- Published Date: 4/1/2017
- Type: MedSuite
Recently, the Indian government has been adamant on clearing regulatory hurdles related to imports and exports of medical devices, and has set new standards around clinical trials. In addition, the Indian government runs several health insurance programs designed for high-risk patients to pay upfront cash and then get reimbursed by filing a claim. This process has proven inefficient and slow, and major improvements are possible if better payment mechanisms are implemented. In India, health policy is undergoing extensive reform. The government has been particularly interested in ensuring that basic medical services are available for the whole Indian population and not just for the middle and upper class. According to the World Bank and National Commission’s report on Macroeconomics, only 5% of Indians are covered by health insurance policies, which is only available for the urban, middle and high income populations. In addition to healthcare reforms, the government is encouraging private capital investment to improve service quality and meet the publics diverse and complex needs. More reform is required to bring new opportunities to invest in the healthcare market and bring profound change to the healthcare landscape in India.
Patient Monitoring Market Trends
The Indian market is still undergoing frequent and drastic changes in terms of regulations, shaped by efforts to contain the growing healthcare budget and increase market transparency. Specifically, in some markets, the prices are being directly reduced by the government. This report includes an analysis of other factors and trends that have positively and negatively impacted the market.
Patient Monitoring Market Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2023, and Historical Data to 2013
- Market Drivers & Limiters for Each Device Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios for Top Competitors
- Related Press Releases from Top Competitors
Patient Monitoring Market Share Analysis
Companies researched in this report for India include GE Healthcare, Philips Healthcare, RMS Medical, Nidek India, Clarity Medical, Mindray, Omron Healthcare, Borze India, Medtronic, Ambu, Boston Scientific, Cadwell Medical and various others.
History of Our Patient Monitoring Market Research
We’ve been doing market research for medical devices for over a decade. We have built relationships with the top competitors in the patient monitoring equipment market so that we can gather proprietary information in confidence to assure more accurate research – that our partners and clients then benefit from.
Because we’re a third party researcher, we have the ability to reach well into the top patient monitoring equipment companies and look at a multi-angle approach to our research. Not only do we consider financial filings, we conduct interviews, use hospital and procedural databases, and our own history of research to create a picture of the market that’s incredibly accurate.
Our clients have used our market research for years to strategize new markets to break into, submit SEC filings, decide sales and marketing strategies, plan acquisitions and product launches, and provide a 3rd party source to show investors, boards, and senior executives.
iData’s 9-Step Research MethodologyOur 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.