The total cardiac output market will continue to see strong growth over the forecast period due to increased awareness of the efficacy of CO monitoring. This measurement has become an integral part of critical care practice and may help in facilitating improved patient outcomes. Operating rooms (ORs) have traditionally been the primary users of cardiac output monitoring and pulmonary artery catheters (PACs). Newer therapies, however, are geared toward quickly identifying patient conditions on the front line, namely within intensive care units (ICUs) and emergency rooms (ERs), where CO may be utilized as an early warning indicator for circulatory disturbances.
With ongoing improvements in reading accuracy, it is expected that the non-invasive and minimally invasive technologies will drive growth in the ICU and ER market and take market share from PAC procedures in the OR. Over the forecast period the minimal and non-invasive monitoring segments will continue to grow, motivated in part by demand-driven product advancements. Modern non-invasive technologies are greatly improved and have become more widely accepted as an alternative to invasive CO monitoring in some settings. This trend is exemplified through the increased adoption of Bioreactance® and non-invasive pulse pressure based CO monitoring devices and methodologies. While the industry’s direction may be detrimental to the health of the invasive monitoring segment, there is some degree of insulation against cannibalization due to the acceptance of PAC procedures as the most precise form of CO monitoring. The market split will stabilize towards the end of the forecast period, with the non-invasive segment lagging behind the minimally invasive segment across Europe, due to fragmented uptake of the newer technologies.
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TABLE OF CONTENTS I
LIST OF FIGURES V
LIST OF CHARTS VIII
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
CARDIAC OUTPUT MONITORING MARKET 41
3.1 INTRODUCTION 41
3.1.1 The Fick Principle 41
3.1.2 Dilution Methods 42
3.1.3 Doppler Ultrasound Methods 42
3.1.4 Pulse Pressure Methods 42
3.1.5 Other Methods 43
3.2 MARKET OVERVIEW 44
3.3 MARKET ANALYSIS AND FORECAST 48
3.3.1 Invasive Cardiac Monitoring Market 48
3.3.1.1 Invasive Cardiac Output Monitor Market 51
3.3.1.2 Pulmonary Artery Catheter Market 58
3.3.2 Minimally Invasive Cardiac Monitoring Market 65
3.3.2.1 Minimally Invasive Cardiac Output Monitor Market 68
3.3.2.2 Minimally Invasive Cardiac Output Sensor Market 76
3.3.3 Non-Invasive Cardiac Monitoring Market 83
3.3.3.1 Non-Invasive Cardiac Output Monitor Market 86
3.3.3.2 Non-Invasive Cardiac Output Sensor Market 93
3.4 DRIVERS AND LIMITERS 100
3.4.1 Market Drivers 100
3.4.2 Market Limiters 100
3.5 COMPETITIVE MARKET SHARE ANALYSIS 103
ABBREVIATIONS 109
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: Cardiac Output Monitoring Market by Segment, Europe, 2012 – 2022 46
Chart 3 2: Cardiac Output Monitoring Market Breakdown, Europe, 2015 47
Chart 3 3: Cardiac Output Monitoring Market Breakdown, Europe, 2022 47
Chart 3 4: Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 50
Chart 3 5: Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 52
Chart 3 6: Pulmonary Artery Catheter Market, Europe, 2012 – 2022 59
Chart 3 7: Minimally Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 67
Chart 3 8: Minimally Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 70
Chart 3 9: Minimally Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 77
Chart 3 10: Non-Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 85
Chart 3 11: Non-Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 87
Chart 3 12: Non-Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 94
Chart 3 13: Leading Competitors, Cardiac Output Monitoring Market, Europe, 2015 107
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: Cardiac Output Monitoring Market by Segment, Europe, 2012 – 2022 (€M) 45
Figure 3 2: Cardiac Output Monitoring Market by Segment, Europe, 2012 – 2022 (US$M) 46
Figure 3 3: Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 (€M) 49
Figure 3 4: Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 (US$M) 49
Figure 3 5: Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€ and US$) 51
Figure 3 6: Units Sold by Country, Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 53
Figure 3 7: Average Selling Price by Country, Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€) 54
Figure 3 8: Average Selling Price by Country, Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (US$) 55
Figure 3 9: Market Value by Country, Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€M) 56
Figure 3 10: Market Value by Country, Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (US$M) 57
Figure 3 11: Pulmonary Artery Catheter Market, Europe, 2012 – 2022 (€ and US$) 58
Figure 3 12: Units Sold by Country, Pulmonary Artery Catheter Market, Europe, 2012 – 2022 60
Figure 3 13: Average Selling Price by Country, Pulmonary Artery Catheter Market, Europe, 2012 – 2022 (€) 61
Figure 3 14: Average Selling Price by Country, Pulmonary Artery Catheter Market, Europe, 2012 – 2022 (US$) 62
Figure 3 15: Market Value by Country, Pulmonary Artery Catheter Market, Europe, 2012 – 2022 (€M) 63
Figure 3 16: Market Value by Country, Pulmonary Artery Catheter Market, Europe, 2012 – 2022 (US$M) 64
Figure 3 17: Minimally Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 (€M) 66
Figure 3 18: Minimally Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 (US$M) 66
Figure 3 19: Minimally Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€ and US$) 69
Figure 3 20: Units Sold by Country, Minimally Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 71
Figure 3 21: Average Selling Price by Country, Minimally Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€) 72
Figure 3 22: Average Selling Price by Country, Minimally Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (US$) 73
Figure 3 23: Market Value by Country, Minimally Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€M) 74
Figure 3 24: Market Value by Country, Minimally Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (US$M) 75
Figure 3 25: Minimally Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (€ and US$) 77
Figure 3 26: Units Sold by Country, Minimally Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 78
Figure 3 27: Average Selling Price by Country, Minimally Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (€) 79
Figure 3 28: Average Selling Price by Country, Minimally Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (US$) 80
Figure 3 29: Market Value by Country, Minimally Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (€M) 81
Figure 3 30: Market Value by Country, Minimally Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (US$M) 82
Figure 3 31: Non-Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 (€M) 84
Figure 3 32: Non-Invasive Cardiac Monitoring Market by Type, Europe, 2012 – 2022 (US$M) 84
Figure 3 33: Non-Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€ and US$) 87
Figure 3 34: Units Sold by Country, Non-Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 88
Figure 3 35: Average Selling Price by Country, Non-Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€) 89
Figure 3 36: Average Selling Price by Country, Non-Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (US$) 90
Figure 3 37: Market Value by Country, Non-Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (€M) 91
Figure 3 38: Market Value by Country, Non-Invasive Cardiac Output Monitor Market, Europe, 2012 – 2022 (US$M) 92
Figure 3 39: Non-Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (€ and US$) 93
Figure 3 40: Units Sold by Country, Non-Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 95
Figure 3 41: Average Selling Price by Country, Non-Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (€) 96
Figure 3 42: Average Selling Price by Country, Non-Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (US$) 97
Figure 3 43: Market Value by Country, Non-Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (€M) 98
Figure 3 44: Market Value by Country, Non-Invasive Cardiac Output Sensor Market, Europe, 2012 – 2022 (US$M) 99
Figure 3 45: Drivers and Limiters, Cardiac Output Monitoring Market, Europe, 2015 102
Figure 3 46: Leading Competitors by Segment, Cardiac Output Monitoring Market, Europe, 2015 107
Edwards Lifesciences
Pulsion Medical Systems
Cheetah Medical
LiDCO
Deltex Medical
