European Market for Multiparameter Patient Monitoring Solutions
London (PRWEB) November 12, 2013 -- Demand for Integration and Connectivity Spur on Market Growth
This research service presents the qualitative and the quantitative aspects of the multiparameter patient monitors market in Europe. The study includes hospital care multiparameter patient monitors such as critical care, perioperative care, sub-acute care, MRI-compatible monitors, transport care monitors and emergency care monitors. The study also discusses alternate care or non-hospital multiparameter patient monitors. The regions included in the study are Benelux and Scandinavia and countries such as Germany, France, Italy, Spain, the United Kingdom, Poland, the Czech Republic, Hungary, Romania and Bulgaria. The study period is from 2009 to 2017.
Methodology
•Each Frost & Sullivan research service follows a stringent methodology. Once a title has been identified, it is first subjected to a feasibility check to establish its potential impact and commercial viability; and once the go-ahead has been given, the lead analysts work in conjunction with their team to fully scope the project, basing segmentation on market issues that have been ascertained through primary research at the feasibility stage.
•Having established the initial study structure, the initial data collection commences. This prepares the analyst team for conducting primary interviews.
•Contact lists are drawn up and interviews are arranged with known industry and end-user contacts, and internal Frost & Sullivan resources and databases are used to establish market straw models for subsequent validation.
•Once this step has been performed, there is sufficient information to design and validate the questionnaire that forms the basis of the primary interviews. The primary research is then conducted.
•Typically, a broad cross-section of 20 to 30 people (depending on the number of participants in the market) of the following designations are interviewed:
-Product Managers
-Marketing Managers
-Marketing Directors
-Heads of Business Development
-The Research and Development (R&D) Community
-Trade and Industry Associations
-Opinion Leaders in Primary and Secondary Care, Public, and Private Sectors
-Government Officials and Implementation Agencies
•These interviews, divided among each geographical region, provide the analyst team with cross-verification of data and latest input such as revenues, growth rate, equipment replacement rate, unit shipment, and installed base. Frost & Sullivan takes the bottom-up approach, looking at market metrics country by country, using interviews at the country level to look at grass root issues and the impact they will have on revenues and growth.
•These issues include an examination of how the healthcare delivery model differs from country to country and the regulatory framework for healthcare companies, as well as the regulatory barriers to entry and the best route to market for global companies and smaller market participants. These factors shape the market calculations, building up to an overall sizing of the market.
•Once all primary research has been completed, the transcripts can then be examined in line with all secondary research and internal Frost & Sullivan database. Input from primary research is applied to all market data to establish the market metrics.
•Sales activity and contracts are closely monitored throughout the year and are employed in conjunction with average pricings to establish base year revenues and market share. Wherever possible, revenues are based on invoice payment as opposed to order entry.
•The forecasting tool Frost & Sullivan uses is based on the following:
-Econometric Model,
-Quantitative Market Input, and
-Qualitative Trends that Impact the Growth Rate
•Frost & Sullivan aims to ensure reliability of its forecasting by implementing a series of quality checks. These include:
-Bottom-up Approach,
-Cross-validation,
-Several Respondents within Each Company,
-Cross-validating with Other Market Participants, and
-Unique Relationships with the Industry.
•End-user input in all research services includes:
-Unmet Needs, and
-Cross-validation
•Once the metrics are established, they are used to illustrate the qualitative lessons learned through secondary research and, principally, primary interviews. These key lessons form the basis of Frost & Sullivan’s in-depth strategic recommendations as featured in every Market Engineering research service.
•Once the initial draft is complete, Frost & Sullivan takes its results back to the market, verifying it with known industry contacts at the European marketing director or business information level. Even after publication, close attention is paid to industry feedback, and monitoring of the market continues. This drives the value proposition of the analyst access that Frost & Sullivan offers as part of its Growth Partnership Service.
Key Findings
•There is increased interest in solutions offering integration and connectivity across Europe as they help in reducing the cost incurred while providing ease of operation. The hospitals segment in the multiparameter patient monitors market amounted to about X% of the sales in 2012.
•In Eastern Europe, the lack of funds and the slow pace of adoption of technology has led to a limited sale of equipment, hampering the market revenues to reach their full potential.
•In Western Europe, the market demand is primarily due to upgrading of older equipment with technologically advanced monitors that offer integration and connectivity.
•With product pricing being a vital criterion, the Asian manufacturers are increasing their impact in the European region, gaining increased market penetration.
•The revenues for multiparameter patient monitors market are estimated to grow to $X million by 2017. The revenues earned in Europe during 2012 stood at $X million. The revenue growth rate is more or less flat across Europe, primarily due to declining prices, although there is an increase in volume sales.
Scope and Segmentation
Geographic Coverage: Europe
Study Period: 2009–2017
Base Year: 2012
Forecast Period: 2013–2017
Monetary Unit: US Dollars
Conversion Rate: €1.00 = $X
The regions covered in this research service are:
•Western Europe
-United Kingdom
-Germany
-France
-Italy
-Spain
-Scandinavia
-Benelux
•Eastern Europe
-Poland
-Czech Republic
-Hungary
-Romania
-Bulgaria
Key Questions This Study Will Answer
•How is the multiparameter patient monitoring market growing in Europe, and at what rate? How does the market condition differs in the Western and Eastern European regions ?
•Are there existing competitors structured to meet customer needs? Would companies collaborate to gain better access in the market ?
•Is there a preference for a particular kind of multiparameter patient monitor. Does this vary according to the region?
•Which market segment is popular and contributes the most to the overall market revenues?
•What are main factors influencing the growth of the multiparameter patient monitors market ?
Table of Contents
1. Executive Summary
2. Market Overview
3. Total Multiparameter Patient Monitoring Solutions Market
•Drivers, Restraints, and Trends
•Forecast and Trends
•Demand Analysis
•Competitive Environment
4. Critical Care Segment Breakdown
5. Perioperative Care Segment Breakdown
6. Sub-acute Care Segment Breakdown
7. MRI-compatible Monitors Segment Breakdown
8. Transport Care Segment Breakdown
9. Emergency Care Segment Breakdown
10. Out-of-Hospital Care Segment Breakdown
11. The United Kingdom Breakdown
12. Germany Breakdown
13. France Breakdown
14. Italy Breakdown
15. Spain Breakdown
16. Scandinavia Breakdown
17. Benelux Breakdown
18. Poland Breakdown
19. Czech Republic Breakdown
20. Romania Breakdown
21. Hungary Breakdown
22. Bulgaria Breakdown
23. Competitive Playbook
24. Key Companies to Watch
25. The Last Word
26. Appendix
List of Figures
•Total Multiparameter Patient Monitoring Solutions Market: Market Engineering Measurements, Europe, 2012
•Multiparameter Patient Monitoring Solutions Market: Product Profiling, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: Per cent Sales Breakdown, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: Per cent Sales Breakdown, Europe, 2017
•Total Multiparameter Patient Monitoring Solutions Market: Key Market Drivers, Europe, 2013–2017
•Total Multiparameter Patient Monitoring Solutions Market: Key Market Restraints, Europe, 2013–2017
•Total Multiparameter Patient Monitoring Solutions Market: Market Engineering Measurements, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Europe, 2009–2017
•Total Multiparameter Patient Monitoring Solutions Market: Revenue Forecast by Region, Europe, 2009–2017
•Total Multiparameter Patient Monitoring Solutions Market: Pricing Analysis, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: Procurement Process, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: PESTLE Analysis, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: Penetration Analysis, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: Company Market Share Analysis by Participants Type, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: Company Market Share Analysis by Participant Type, Europe, 2012
•Total Multiparameter Patient Monitoring Solutions Market: SWOT Analysis, Europe, 2012
•Critical Care Segment: Market Engineering Measurements, Europe, 2012
•Critical Care Segment: Revenue Forecast, Europe, 2009–2017
•Perioperative Care Segment: Market Engineering Measurements, Europe, 2012
•Perioperative Care Segment: Revenue Forecast, Europe, 2009–2017
•Sub-acute care Segment: Market Engineering Measurements, Europe, 2012
•Sub-acute Care Segment: Revenue Forecast, Europe, 2009–2017
•MRI-compatible Monitors Segment: Market Engineering Measurements, Europe, 2012
•MRI-compatible Monitors Segment: Revenue Forecast, Europe, 2009–2017
•Transport Care Segment: Market Engineering Measurements, Europe, 2012
•Transport Care Segment: Revenue Forecast, Europe, 2009–2017
•Emergency Care Segment: Market Engineering Measurements, Europe, 2012
•Emergency Care Segment: Revenue Forecast, Europe, 2009–2017
•Out-of-Hospital Care Segment: Market Engineering Measurements, Europe, 2012
•Out-of-Hospital Care Segment: Revenue Forecast, Europe, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast,
United Kingdom, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Germany, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, France, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Italy, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Spain, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Scandinavia, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Benelux, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Poland, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast,
Czech Republic, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Romania, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Hungary, 2009–2017
•Multiparameter Patient Monitoring Solutions Market: Revenue Forecast, Bulgaria, 2009–2017
•Total Multiparameter Patient Monitoring Solutions Market: Game-changing Strategies, Europe, 2012
•Decision Support Database: Total Healthcare Expenditure, Western Europe,
2004–2014
•Decision Support Database: Government Healthcare Expenditure, Western Europe, 2002–2012
•Decision Support Database: Number of Hospital Beds, Western Europe, 2002–2012
•Decision Support Database: Number of Hospitals, Western Europe, 2004–2014
•Decision Support Database: Prevalence of Cardiovascular Diseases,
Western Europe, 2002–2012
•Decision Support Database: Per cent Prevalence of Cardiovascular Diseases, Western Europe, 2002–2012
•Decision Support Database: Circulatory Disease Mortality, Western Europe,
2002–2012
•Decision Support Database: Population with COPD, Western Europe, 2002–2012
Read the full report:
European Market for Multiparameter Patient Monitoring Solutions
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: http://www.reportbuyer.com/
Sarah Smith, Research Advisor at Reportbuyer.com, +44 208 816 85 48, [email protected]
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