Nearly all patients within critical care units, operating theaters, recovery and step down wards are monitored by multi-parameter devices. Since almost all patients within these medical departments undergo acute procedures, it is vital that their physiological states are monitored. Moreover, multi-parameter monitoring devices are used in hospital neonatal and pediatric units as well as alternate care facilities. Monitoring enables clinicians and other healthcare professionals to respond quickly, efficiently and accurately to changes in a patient’s vital signs and other bodily processes in order to prevent future complications or even death.
In less critical areas, multi-parameter devices are becoming increasingly used for improving the accuracy of a medical professional’s judgment and for helping anticipate the patient’s changing condition. Multi-parameter devices are becoming more commonly found in emergency rooms (ER) and general ward areas.
A multi-parameter device’s functions range from 2 to 12 parameter depending on device acuity level. Low-acuity devices are generally able to monitor one to five parameters and high-acuity devices are able to monitor six to 12 parameters. In general, hard-wired multi-parameter monitoring devices can either be configured or modular. Low-acuity devices are generally configured, as they are designed to monitor specific parameters and are less flexible than modular devices. Modular devices may have a configured component built-in upon purchase, and SpO2 units from Masimo or Nellcor (Medtronic) were the most popular. However, the dominant characteristic of these devices is their set of interchangeable ports that allow parameter modules to be plugged in and incorporated into the monitoring process. Patient-worn telemetry devices, which are also referred to as ambulatory telemetry devices, have traditionally been used for monitoring one or two parameters. However, recent advancements have enabled these devices to monitor, on average, three to four parameters. A typical device would exhibit a combination of all or some of the parameters listed below. Additionally, other options included in the table below are features that are often available but are not the main function of the device.
The average lifespan of a multi-parameter monitoring device is nine years; however, software updates may occur more frequently depending on the rate of technological advancement. Monitors are known to be used for as long as fifteen years, when there is no budget for capital equipment.
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TABLE OF CONTENTS I
LIST OF FIGURES V
LIST OF CHARTS VII
SUITE EXECUTIVE SUMMARY 1
EUROPEAN PATIENT MONITORING MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 7
MARKET DEVELOPMENTS 11
MARKETS INCLUDED 13
KEY REPORT UPDATES 15
VERSION HISTORY 16
RESEARCH METHODOLOGY 17
1.1 RESEARCH SCOPE 17
1.2 IDATA’S 9-STEP METHODOLOGY 17
Step 1: Project Initiation & Team Selection 17
Step 2: Prepare Data Systems and Perform Secondary Research 19
Step 3: Preparation for Interviews & Questionnaire Design 20
Step 4: Performing Primary Research 21
Step 5: Research Analysis: Establishing Baseline Estimates 23
Step 6: Market Forecast and Analysis 24
Step 7: Identify Strategic Opportunities 26
Step 8: Final Review and Market Release 27
Step 9: Customer Feedback and Market Monitoring 28
COUNTRY PROFILES 29
2.1 INTRODUCTION 29
2.1.1.1 Population 29
2.1.1.2 Median Age 29
2.1.1.3 GDP Per Capita 29
2.1.1.4 Price Index 29
2.2 GERMANY 31
2.3 FRANCE 32
2.4 UNITED KINGDOM 33
2.5 ITALY 34
2.6 SPAIN 35
2.7 BENELUX 36
2.8 SCANDINAVIA 37
2.9 AUSTRIA 38
2.10 SWITZERLAND 39
2.11 PORTUGAL 40
MULTI-PARAMETER VITAL SIGNS MONITORING MARKET 41
3.1 INTRODUCTION 41
3.2 MARKET OVERVIEW 43
3.3 MARKET ANALYSIS AND FORECAST 47
3.3.1 High-Acuity Monitoring Market 47
3.3.2 Mid-Acuity Monitoring Market 55
3.3.3 Low-Acuity Monitoring Market 63
3.3.4 Central Station Monitoring Market 71
3.4 DRIVERS AND LIMITERS 79
3.4.1 Market Drivers 79
3.4.2 Market Limiters 80
3.5 COMPETITIVE MARKET SHARE ANALYSIS 82
ABBREVIATIONS 89
Chart 1 1: Patient Monitoring Market by Segment, Europe, 2012 – 2022 3
Chart 1 2: Patient Monitoring Market Overview, Europe, 2012 & 2022 3
Chart 2 1: Country Profile, Germany, 2015 31
Chart 2 2: Country Profile, France, 2015 32
Chart 2 3: Country Profile, United Kingdom, 2015 33
Chart 2 4: Country Profile, Italy, 2015 34
Chart 2 5: Country Profile, Spain, 2015 35
Chart 2 6: Country Profile, Benelux, 2015 36
Chart 2 7: Country Profile, Scandinavia, 2015 37
Chart 2 8: Country Profile, Austria, 2015 38
Chart 2 9: Country Profile, Switzerland, 2015 39
Chart 2 10: Country Profile, Portugal, 2015 40
Chart 3 1: Multi-Parameter Vital Signs Monitoring Market by Segment, Europe, 2012 – 2022 45
Chart 3 2: Multi-Parameter Vital Signs Monitoring Market Breakdown, Europe, 2015 46
Chart 3 3: Multi-Parameter Vital Signs Monitoring Market Breakdown, Europe, 2022 46
Chart 3 4: High-Acuity Monitoring Market, Europe, 2012 – 2022 49
Chart 3 5: Mid-Acuity Monitoring Market, Europe, 2012 – 2022 57
Chart 3 6: Low-Acuity Monitoring Market, Europe, 2012 – 2022 65
Chart 3 7: Central Station Monitoring Market, Europe, 2012 – 2022 73
Chart 3 8: Leading Competitors, Multi-Parameter Vital Signs Monitoring Market, Europe, 2015 88
Figure 1 1: Patient Monitoring Competitor Market Share Ranking by Segment, Europe, 2015 (1 of 2) 5
Figure 1 2: Patient Monitoring Competitor Market Share Ranking by Segment, Europe, 2015 (2 of 2) 5
Figure 1 3: Companies Researched in this Report, Europe, 2015 6
Figure 1 4: Factors Impacting the Patient Monitoring Market by Segment, Europe (1 of 4) 7
Figure 1 5: Factors Impacting the Patient Monitoring Market by Segment, Europe (2 of 4) 8
Figure 1 6: Factors Impacting the Patient Monitoring Market by Segment, Europe (3 of 4) 9
Figure 1 7: Factors Impacting the Patient Monitoring Market by Segment, Europe (4 of 4) 10
Figure 1 8: Recent Events in the Patient Monitoring Market, Europe, 2012 – 2015 (1 of 2) 11
Figure 1 9: Recent Events in the Patient Monitoring Market, Europe, 2012 – 2015 (2 of 2) 12
Figure 1 10: Patient Monitoring Markets Covered, Europe, 2015 (1 of 2) 13
Figure 1 11: Patient Monitoring Markets Covered, Europe, 2015 (2 of 2) 14
Figure 1 12: Key Report Updates 15
Figure 1 13: Version History 16
Figure 3 1: List of Parameter Capabilities by Product Type, Europe, 2015 42
Figure 3 2: Multi-Parameter Vital Signs Monitoring Market by Segment, Europe, 2012 – 2022 (€M) 44
Figure 3 3: Multi-Parameter Vital Signs Monitoring Market by Segment, Europe, 2012 – 2022 (US$M) 44
Figure 3 4: High-Acuity Monitoring Market, Europe, 2012 – 2022 (€ and US$) 48
Figure 3 5: Units Sold by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 50
Figure 3 6: Average Selling Price by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (€) 51
Figure 3 7: Average Selling Price by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (US$) 52
Figure 3 8: Market Value by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (€M) 53
Figure 3 9: Market Value by Country, High-Acuity Monitoring Market, Europe, 2012 – 2022 (US$M) 54
Figure 3 10: Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (€ and US$) 56
Figure 3 11: Units Sold by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 58
Figure 3 12: Average Selling Price by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (€) 59
Figure 3 13: Average Selling Price by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (US$) 60
Figure 3 14: Market Value by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (€M) 61
Figure 3 15: Market Value by Country, Mid-Acuity Monitoring Market, Europe, 2012 – 2022 (US$M) 62
Figure 3 16: Low-Acuity Monitoring Market, Europe, 2012 – 2022 (€ and US$) 64
Figure 3 17: Units Sold by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 66
Figure 3 18: Average Selling Price by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (€) 67
Figure 3 19: Average Selling Price by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (US$) 68
Figure 3 20: Market Value by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (€M) 69
Figure 3 21: Market Value by Country, Low-Acuity Monitoring Market, Europe, 2012 – 2022 (US$M) 70
Figure 3 22: Central Station Monitoring Market, Europe, 2012 – 2022 (€ and US$) 72
Figure 3 23: Units Sold by Country, Central Station Monitoring Market, Europe, 2012 – 2022 74
Figure 3 24: Average Selling Price by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (€) 75
Figure 3 25: Average Selling Price by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (US$) 76
Figure 3 26: Market Value by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (€M) 77
Figure 3 27: Market Value by Country, Central Station Monitoring Market, Europe, 2012 – 2022 (US$M) 78
Figure 3 28: Drivers and Limiters, Multi-Parameter Vital Signs Monitoring Market, Europe, 2015 81
Figure 3 29: Leading Competitors by Segment, Multi-Parameter Vital Signs Monitoring Market, Europe, 2015 87
Philips Healthcare
GE Healthcare
Mindray Medical
Dräger Medical
Nihon Kohden
Welch Allyn
Spacelabs Healthcare
Edan Instruments Inc.
Zoe Medical Inc.
