gbime0058mr-patient monitoring devices market in emerging ... · 3.3.2 increasing popularity of...

GBIME0058MR /Published MAR 2012

Patient Monitoring Devices Market in Emerging Countries (China, India, Brazil) to 2017 - Increasing Government Spending and Foreign Direct Investment (FDI) to Drive Future Growth © GBI Research. This report is a licensed product and is not to be copied,

reproduced, shared or resold in any form

Patient Monitoring Devices Market in Emerging Countries (China, India, Brazil) to 2017 - Increasing Government Spending and Foreign Direct Investment (FDI) to Drive

Future Growth Reference Code: GBIME0058MR Publication Date: March 2012

The Patient Monitoring Equipment Market in the Emerging Countries (China, India and Brazil) is Forecast to Exceed $XXm by 2017

Patient Monitoring Equipment Market, Emerging Countries (China, India and Brazil), Revenue ($m), 2010-2017

2010 2017

Rev

enue

($m

)

CAGR (2010-2017): XX%

Source: GBI Research, Annual Reports, SEC Filings, Investor Presentations, Earning Call Transcripts, News and Press Releases, Scientific Journals, Trade Associations, Interviews with Industry Experts and Key Opinion Leaders (KOLs)

The market for patient monitoring equipment in the emerging countries (China, India and Brazil) was valued at $XXm in 2010 and is expected to grow at a Compounded Annual Growth Rate (CAGR) of XX% to reach revenues of $XXm by 2017. This growth is primarily due to the anticipated rise in the elderly population within the developing countries leading to a continuous increase in the number of patients suffering from chronic diseases such as Cardiovascular Disease (CVD) and diabetes. This escalation in chronic diseases will result in an increase in hospitalizations. Also,increasing per capita spending on healthcare led by government spending and Foreign Direct Investments (FDI) are other factors driving future growth in this market.

The market for patient monitoring in emerging countries (China, India and Brazil) was valued at $XXm in 2010 and is expected to grow at Compounded Annual Growth Rate (CAGR) of XX% to reach revenues of $XXm in 2017.

GBIME0058MR /Published MAR 2012 Page 4



1 Table of Contents 1 Table of Contents...................................................................................................................4

1.1 List of Tables................................................................................................................8 1.2 List of Figures ............................................................................................................10

2 Introduction ..........................................................................................................................12 2.1 GBI Research Report Guidance..................................................................................13

3 Patient Monitoring Equipment, Emerging Countries - Market Characterization........................14 3.1 Patient Monitoring Equipment Market, Emerging Countries (China, India and Brazil),

Revenue ($m), 2003-2017..........................................................................................14 3.1.1 Patient Monitoring Equipment Market, Emerging Countries (China, India and Brazil),

Revenue ($m), 2003-2010...................................................................................14 3.1.2 Patient Monitoring Equipment Market, Emerging Countries (China, India and Brazil),

Revenue ($m), 2010-2017...................................................................................15 3.2 Patient Monitoring Equipment Market, Emerging Countries (China, India and Brazil),

Company Share (%), 2010 .........................................................................................16 3.2.1 Patient Monitoring Equipment Market, China, Company Share (%), 2010..............16 3.2.2 Patient Monitoring Equipment Market, India, Company Share (%), 2010 ...............17 3.2.3 Patient Monitoring Equipment Market, Brazil, Company Share (%), 2010..............18

3.3 Patient Monitoring Equipment Market, Key Trends ......................................................19 3.3.1 China and India, the World’s Most Populous Countries, to drive the Future Growth of

the Patient Monitoring Equipment Market in the Emerging Countries.....................19 3.3.2 Increasing Popularity of Emerging Countries as Medical Tourism Destinations is a

Key Trend Encouraging Patient Monitoring Equipment Market Growth..................20 3.3.3 Increasing Information Divide between the Urban and Rural Populations makes it

Difficult for the Market to Expand at a Faster Pace ...............................................21 3.4 Patient Monitoring Equipment, Emerging Countries (China, India and Brazil), Market

Dynamics...................................................................................................................22 3.4.1 Market Drivers.....................................................................................................23 3.4.2 Market Restraints ................................................................................................27

4 Patient Monitoring Equipment Market, Emerging Countries - Category Analysis .....................29 4.1 Multiparameter Patient Monitoring...............................................................................29 4.2 Multiparameter Patient Monitoring Equipment Market, Emerging Countries, Revenue

($m), 2003-2017.........................................................................................................30 4.2.1 Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m),

2003-2010 ..........................................................................................................30 4.2.2 Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m),

2010-2017 ..........................................................................................................31 4.2.3 Multiparameter Patient Monitoring Equipment Market, India, Revenue ($m),

2003-2010 ..........................................................................................................32 4.2.4 Multiparameter Patient Monitoring Equipment Market, India, Revenue ($m),

2010-2017 ..........................................................................................................33 4.2.5 Multiparameter Patient Monitoring Equipment Market, Brazil, Revenue ($m),

2003-2010 .........................................................................................................34 4.2.6 Multiparameter Patient Monitoring Equipment Market, Brazil, Revenue ($m),

2010-2017 ..........................................................................................................35 4.3 Multiparameter Patient Monitoring Equipment Market, Emerging Countries, Company

Share (%), 2010.........................................................................................................36 4.3.1 Multiparameter Patient Monitoring Equipment Market, China, Company Share (%),

2010 ...................................................................................................................36 4.3.2 Multiparameter Patient Monitoring Equipment Market, India, Company Share (%),

2010 ...................................................................................................................37 4.3.3 Multiparameter Patient Monitoring Equipment Market, Brazil, Company Share (%),

2010 ...................................................................................................................38 4.4 Multiparameter Patient Monitoring, Emerging Countries, Market Dynamics ..................39

4.4.1 Market Drivers.....................................................................................................39 4.4.2 Market Restraint..................................................................................................41




4.5 Non-Invasive Blood Pressure Monitors........................................................................41 4.6 Non-Invasive Blood Pressure Monitors Market, Emerging Countries, Revenue ($m),

2003-2017..................................................................................................................42 4.6.1 Non-Invasive Blood Pressure Monitors Market, China, Revenue ($m), 2003-2010.42 4.6.2 Non-Invasive Blood Pressure Monitors Market, China, Revenue ($m), 2010-2017.43 4.6.3 Non-Invasive Blood Pressure Monitors Market, India, Revenue ($m), 2003-2010 ..44 4.6.4 Non-Invasive Blood Pressure Monitors Market, India, Revenue ($m), 2010-2017 ..45 4.6.5 Non-Invasive Blood Pressure Monitors Market, Brazil, Revenue ($m), 2003-2010 .46 4.6.6 Non-Invasive Blood Pressure Monitors Market, Brazil, Revenue ($m), 2010-2017 .47

4.7 Non-Invasive Blood Pressure Monitors Market, Emerging Countries, Company Share (%), 2010...................................................................................................................48

4.7.1 Non-Invasive Blood Pressure Monitors Market, China, Company Share (%), 2010 48 4.7.2 Non-Invasive Blood Pressure Monitors Market, India, Company Share (%), 2010..49 4.7.3 Non-Invasive Blood Pressure Monitors Market, Brazil, Company Share (%), 2010.50

4.8 Non-Invasive Blood Pressure Monitors, Emerging Countries, Market Dynamics ...........51 4.8.1 Market Drivers.....................................................................................................51 4.8.2 Market Restraint..................................................................................................51

4.9 Patient Monitoring Accessories ...................................................................................52 4.10 Patient Monitoring Accessories Market, Emerging Countries, Revenue ($m), 2003-2017..

...........................................................................................................................53 4.10.1 Patient Monitoring Accessories Market, China, Revenue ($m), 2003-2010 ............53 4.10.2 Patient Monitoring Accessories Market, China, Revenue ($m), 2010-2017 ............54 4.10.3 Patient Monitoring Accessories Market, India, Revenue ($m), 2003-2010..............55 4.10.4 Patient Monitoring Accessories Market, India, Revenue ($m), 2010-2017..............56 4.10.5 Patient Monitoring Accessories Market, Brazil, Revenue ($m), 2003-2010 ............57 4.10.6 Patient Monitoring Accessories Market, Brazil, Revenue ($m), 2010-2017 ............58

4.11 Patient Monitoring Accessories Market, Emerging Countries, Company Share (%), 2010 . ...........................................................................................................................59

4.11.1 Patient Monitoring Accessories Market, China, Company Share (%), 2010............59 4.11.2 Patient Monitoring Accessories Market, India, Company Share (%), 2010.............60 4.11.3 Patient Monitoring Accessories Market, Brazil, Company Share (%), 2010............61

4.12 Patient Monitoring Accessories, Emerging Countries, Market Dynamics.......................62 4.12.1 Market Drivers.....................................................................................................62 4.12.2 Market Restraint..................................................................................................62

4.13 Micro-Electromechanical Systems ..............................................................................62 4.14 Micro-Electromechanical Systems Market, Emerging Countries, Revenue ($m),

2003-2017..................................................................................................................63 4.14.1 Micro-Electromechanical Systems Market, China, Revenue ($m), 2003-2010........63 4.14.2 Micro-Electromechanical Systems Market, China, Revenue ($m), 2010-2017........64 4.14.3 Micro-Electromechanical Systems Market, India, Revenue ($m), 2003-2010 .........65 4.14.4 Micro-Electromechanical Systems Market, India, Revenue ($m), 2010-2017 .........66 4.14.5 Micro-Electromechanical Systems Market, Brazil, Revenue ($m), 2003-2010........67 4.14.6 Micro-Electromechanical Systems Market, Brazil, Revenue ($m), 2010-2017........68

4.15 Micro-Electromechanical Systems, Emerging Countries, Market Dynamics ..................69 4.15.1 Market Drivers.....................................................................................................69 4.15.2 Market Restraint..................................................................................................70

4.16 Neonatal Monitors ......................................................................................................70 4.17 Neonatal Monitors Market, Emerging Countries, Revenue ($m), 2003-2017 .................71

4.17.1 Neonatal Monitors Market, China, Revenue ($m), 2003-2010 ...............................71 4.17.2 Neonatal Monitors Market, China, Revenue ($m), 2010-2017 ...............................72 4.17.3 Neonatal Monitors Market, India, Revenue ($m), 2003-2010.................................73 4.17.4 Neonatal Monitors Market, India, Revenue ($m), 2010-2017.................................74 4.17.5 Neonatal Monitors Market, Brazil, Revenue ($m), 2003-2010................................75 4.17.6 Neonatal Monitors Market, Brazil, Revenue ($m), 2010-2017................................76

4.18 Neonatal Monitors Market, Emerging Countries, Company Share (%), 2010.................77




4.18.1 Neonatal Monitors Market, China, Company Share (%), 2010...............................77 4.18.2 Neonatal Monitors Market, India, Company Share (%), 2010 ................................78 4.18.3 Neonatal Monitors Market, Brazil, Company Share (%), 2010...............................79

4.19 Neonatal Monitors, Emerging Countries, Market Dynamics..........................................80 4.19.1 Market Drivers.....................................................................................................80 4.19.2 Market Restraint..................................................................................................80

4.20 Remote Patient monitoring equipment market .............................................................81 4.21 Remote Patient Monitoring Equipment Market, Emerging Countries, Revenue ($m),

2003-2017..................................................................................................................82 4.21.1 Remote Patient Monitoring Equipment Market, India, Revenue ($m), 2003-2010...82 4.21.2 Remote Patient Monitoring Equipment Market, India, Revenue ($m), 2010-2017...83 4.21.3 Remote Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2003-2010..84 4.21.4 Remote Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2010-2017..85

4.22 Remote Patient Monitoring Equipment Market, Emerging Countries, Company Share (%), 2010...................................................................................................................86

4.22.1 Remote Patient Monitoring Equipment Market, India, Company Share (%), 2010 ..86 4.22.2 Remote Patient Monitoring Equipment Market, Brazil, Company Share (%), 2010 .87

4.23 Remote Patient Monitoring, Emerging Countries, Market Dynamics .............................88 4.23.1 Market Drivers.....................................................................................................88 4.23.2 Market Restraint..................................................................................................90

4.24 Fetal Monitors ............................................................................................................90 4.25 Fetal Monitors Market, Emerging Countries, Revenue ($m), 2003-2017 .......................91

4.25.1 Fetal Monitors Market, China, Revenue ($m), 2003-2010 .....................................91 4.25.2 Fetal Monitors Market, China, Revenue ($m), 2010-2017 .....................................92 4.25.3 Fetal Monitors Market, India, Revenue ($m), 2003-2010.......................................93 4.25.4 Fetal Monitors Market, India, Revenue ($m), 2010-2017.......................................94 4.25.5 Antepartum Monitors Market, Brazil, Revenue ($m), 2003-2010............................95 4.25.6 Antepartum Monitors Market, Brazil, Revenue ($m), 2010-2017............................96

4.26 Fetal Monitors Market, Emerging Countries, Company Share (%), 2010.......................97 4.26.1 Fetal Monitors Market, China, Company Share (%), 2010.....................................97 4.26.2 Fetal Monitors Market, India, Company Share (%), 2010 ......................................98 4.26.3 Antepartum Monitors Market, Brazil, Company Share (%), 2010 ...........................99

4.27 Fetal Monitors, Emerging Countries, Market Dynamics ..............................................100 4.27.1 Market Drivers...................................................................................................100 4.27.2 Market Restraint................................................................................................100

5 Patient Monitoring Equipment Market, Emerging Countries - Strategic Competitive Assessment..........................................................................................................................................101

5.1 Philips Healthcare ....................................................................................................104 5.1.1 Overview...........................................................................................................104 5.1.2 Key Marketed Products - Patient Monitoring Equipment......................................104

5.2 Omron Healthcare....................................................................................................104 5.2.1 Overview...........................................................................................................104 5.2.2 Key Marketed Products - Patient Monitoring Equipment......................................104

5.3 GE Healthcare .........................................................................................................105 5.3.1 Overview...........................................................................................................105 5.3.2 Key Marketed Products - Patient Monitoring Equipment......................................105

5.4 Mindray Medical International Limited .......................................................................106 5.4.1 Overview...........................................................................................................106 5.4.2 Key Marketed Products - Patient Monitoring Equipment......................................106

5.5 Nihon Kohden Corporation .......................................................................................106 5.5.1 Overview...........................................................................................................106 5.5.2 Key Marketed Products - Patient Monitoring Equipment......................................106

5.6 Draegerwerk AG & Co. KGaA...................................................................................107 5.6.1 Overview...........................................................................................................107 5.6.2 Key Marketed Products - Patient Monitoring Equipment......................................107




5.7 Larsen & Toubro Medical Equipment & Systems .......................................................107 5.7.1 Overview...........................................................................................................107 5.7.2 Key Marketed Products - Patient Monitoring Equipment......................................107

5.8 Covidien plc .............................................................................................................108 5.8.1 Overview...........................................................................................................108 5.8.2 Key Marketed Products - Patient Monitoring Equipment......................................108

5.9 Microlife Corporation ................................................................................................108 5.9.1 Overview...........................................................................................................108 5.9.2 Key Marketed Products - Patient Monitoring Equipment......................................108

5.10 Sunray Medical Apparatus Co., Ltd. ..........................................................................109 5.10.1 Overview...........................................................................................................109 5.10.2 Key Marketed Products - Patient Monitoring Equipment......................................109

5.11 BIOTRONIK.............................................................................................................109 5.11.1 Overview...........................................................................................................109 5.11.2 Key Marketed Products .....................................................................................109

5.12 3M Health Care (Subsidiary of 3M Company)............................................................110 5.12.1 Overview...........................................................................................................110 5.12.2 Key Marketed Products .....................................................................................110

6 Patient Monitoring Equipment Market,Emerging Countries - M&A Landscape.......................111 6.1 Key Deals ................................................................................................................111

6.1.1 Authentidate Holding Acquires Remaining Stake in ExpressMD Solutions From EncounterCare Solutions For $2.3m ..................................................................111

6.1.2 Newtech Enters Into an Agreement with Masimo................................................112 6.1.3 PULSION Medical Systems Enters Into an Agreement with Shenzhen Mindray Bio-

Medical Electronics ...........................................................................................112 6.1.4 Dehaier Medical Systems Enters Into an Agreement with Welch Allyn.................113 6.1.5 Welch Allyn Enters Into an Agreement with BPL Healthcare ...............................113 6.1.6 Philips Medical Systems Acquires Dixtal Biomedica e Tecnologia .......................114 6.1.7 Philips Medical Acquires Shenzhen Goldway Industrial.......................................114

7 Appendix............................................................................................................................115 7.1 Definitions................................................................................................................115

7.1.1 Patient Monitoring .............................................................................................115 7.2 Acronyms.................................................................................................................118 7.3 Research Methodology.............................................................................................120 7.4 Secondary Research................................................................................................120 7.5 Primary Research.....................................................................................................120 7.6 Models.....................................................................................................................121 7.7 Forecasts.................................................................................................................121 7.8 Expert Panels...........................................................................................................121 7.9 Contact Us...............................................................................................................121 7.10 Disclaimer................................................................................................................122 7.11 Sources ...................................................................................................................122




1.1 List of Tables Table 1: Patient Monitoring, Emerging Markets (China, India and Brazil), Revenue ($m), 2003-

2010 .........................................................................................................................14 Table 2: Patient Monitoring, Emerging Markets (China, India and Brazil), Revenue ($m), 2010-

2017 .........................................................................................................................15 Table 3: Patient Monitoring Equipment Market, China, Company Revenue ($m), 2010..............16 Table 4: Patient Monitoring Equipment Market, India, Company Revenue ($m), 2010 ...............17 Table 5: Patient Monitoring Equipment Market, Brazil, Company Revenue ($m), 2010..............18 Table 6: Percentage of People Aged 65 Years and Above in Total Adult Population, by Country

(%), 1980-2050..........................................................................................................23 Table 7: Disposable Income($), Emerging Countries, 2007-2011* ............................................25 Table 8: Key Hospital Groups Planning Expansion in Tier II and Tier III Regions in India...........26 Table 9: Out-of-Pocket Expenditure as % of Total Expenditure on Health ($), Emerging

Countries, 2008.........................................................................................................27 Table 10: Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m), 2003-2010

.................................................................................................................................30 Table 11: Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m), 2010-2017

.................................................................................................................................31 Table 12: Multiparameter Patient Monitoring Equipment Market, India, Revenue ($m), 2003-2010

.................................................................................................................................32 Table 13: Multiparameter Patient Monitoring Equipment Market, India, Revenue ($m), 2010-2017

.................................................................................................................................33 Table 14: Multiparameter Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2003-2010

.................................................................................................................................34 Table 15: Multiparameter Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2010-2017

.................................................................................................................................35 Table 16: Multiparameter Patient Monitoring Equipment Market, China, Company Revenue ($m),

2010 .........................................................................................................................36 Table 17: Multiparameter Patient Monitoring Equipment Market, India, Company Revenue ($m),

2010 .........................................................................................................................37 Table 18: Multiparameter Patient Monitoring Equipment Market, Brazil, Company Revenue ($m),

2010 .........................................................................................................................38 Table 19: Mobile Patient Monitoring Devices, 2011....................................................................39 Table 20: Non-Invasive Blood Pressure Monitors Market, China, Revenue ($m), 2003-2010.......42 Table 21: Non-Invasive Blood Pressure Monitors Market, China, Revenue ($m), 2010-2017.......43 Table 22: Non-Invasive Blood Pressure Monitors Market, India, Revenue ($m), 2003-2010.........44 Table 23: Non-Invasive Blood Pressure Monitors Market, India, Revenue ($m), 2010-2017.........45 Table 24: Non-Invasive Blood Pressure Monitors Market, Brazil, Revenue ($m), 2003-2010 .......46 Table 25: Non-Invasive Blood Pressure Monitors Market, Brazil, Revenue ($m), 2010-2017 .......47 Table 26: Non-Invasive Blood Pressure Monitors Market, China, Company Revenue ($m), 2010 48 Table 27: Non-Invasive Blood Pressure Monitors Market, India, Company Revenue ($m), 2010..49 Table 28: Non-Invasive Blood Pressure Monitors Market, Brazil, Company Revenue ($m), 2010.50 Table 29: Patient Monitoring Accessories Market, China, Revenue ($m), 2003-2010 ..................53 Table 30: Patient Monitoring Accessories Market, China, Revenue ($m), 2010-2017 ..................54 Table 31: Patient Monitoring Accessories Market, India, Revenue ($m), 2003-2010....................55 Table 32: Patient Monitoring Accessories Market, India, Revenue ($m), 2010-2017....................56 Table 33: Patient Monitoring Accessories Market, Brazil, Revenue ($m), 2003-2010...................57 Table 34: Patient Monitoring Accessories Market, Brazil, Revenue ($m), 2010-2017...................58 Table 35: Patient Monitoring Accessories Market, China, Company Revenue ($m), 2010............59 Table 36: Patient Monitoring Accessories Market, India, Company Revenue ($m), 2010 .............60 Table 37: Patient Monitoring Accessories Market, Brazil, Company Revenue ($m), 2010............61 Table 38: Micro-Electromechanical Systems Market, China, Revenue ($m), 2003-2010..............63 Table 39: Micro-Electromechanical Systems Market, China, Revenue ($m), 2010-2017..............64 Table 40: Micro-Electromechanical Systems Market, India, Revenue ($m), 2003-2010 ...............65 Table 41: Micro-Electromechanical Systems Market, India, Revenue ($m), 2010-2017 ...............66 Table 42: Micro-Electromechanical Systems Market, Brazil, Revenue ($m), 2003-2010 ..............67 Table 43: Micro-Electromechanical Systems Market, Brazil, Revenue ($m), 2010-2017 ..............68 Table 44: Neonatal Monitors Market, China, Revenue ($m), 2003-2010 .....................................71 Table 45: Neonatal Monitors Market, China, Revenue ($m), 2010-2017 .....................................72 Table 46: Neonatal Monitors Market, India, Revenue ($m), 2003-2010.......................................73 Table 47: Neonatal Monitors Market, India, Revenue ($m), 2010-2017.......................................74 Table 48: Neonatal Monitors Market, Brazil, Revenue ($m), 2003-2010......................................75




Table 49: Neonatal Monitors Market, Brazil, Revenue ($m), 2010-2017......................................76 Table 50: Neonatal Monitors Market, China, Company Revenue ($m), 2010...............................77 Table 51: Neonatal Monitors Market, India, Company Revenue ($m), 2010 ................................78 Table 52: Neonatal Monitors Market, Brazil, Company Revenue ($m), 2010 ...............................79 Table 53: Remote Patient Monitoring Equipment Market, India, Revenue ($m), 2003-2010 .........82 Table 54: Remote Patient Monitoring Equipment Market, India, Revenue ($m), 2010-2017 .........83 Table 55: Remote Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2003-2010........84 Table 56: Remote Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2010-2017........85 Table 57: Remote Patient Monitoring Equipment Market, India, Company Revenue ($m), 2010 ..86 Table 58: Remote Patient Monitoring Equipment Market, Brazil, Company Revenue ($m), 2010 .87 Table 59: Fetal Monitors Market, China, Revenue ($m), 2003-2010............................................91 Table 60: Fetal Monitors Market, China, Revenue ($m), 2010-2017............................................92 Table 61: Fetal Monitors Market, India, Revenue ($m), 2003-2010 .............................................93 Table 62: Fetal Monitors Market, India, Revenue ($m), 2010-2017 .............................................94 Table 63: Antepartum Monitors Market, Brazil, Revenue ($m), 2003-2010..................................95 Table 64: Antepartum Monitors Market, Brazil, Revenue ($m), 2010-2017..................................96 Table 65: Fetal Monitors Market, China, Company Revenue ($m), 2010.....................................97 Table 66: Fetal Monitors Market, India, Company Revenue ($m), 2010 ......................................98 Table 67: Antepartum Monitors Market, Brazil, Company Revenue ($m), 2010 ...........................99 Table 68: Philips Healthcare, Key Marketed Products, Patient Monitoring Equipment Market, 2011

...............................................................................................................................104 Table 69: Patient Monitoring Equipment Market, Omron Healthcare, Key Marketed Products, 2011

...............................................................................................................................104 Table 70: Patient Monitoring Equipment Market, GE Healthcare, Key Marketed Products, 2011 .105 Table 71: Patient Monitoring Equipment Market, Mindray Medical, Key Marketed Products, 2011

...............................................................................................................................106 Table 72: Patient Monitoring Equipment Market, Nihon Kohden, Key Marketed Products, 2011.106 Table 73: Patient Monitoring Equipment Market, Draegerwerk AG & Co. KGaA , Key Marketed

Products, 2011 ........................................................................................................107 Table 74: Patient Monitoring Equipment Market, Larsen & Toubro Medical Equipment & Systems,

Key Marketed Products, 2011 ..................................................................................107 Table 75: Patient Monitoring Equipment Market, Covidien plc, Key Marketed Products, 2011....108 Table 76: Patient Monitoring Equipment Market, Microlife Corporation, Key Marketed Products,

2011 .......................................................................................................................108 Table 77: Patient Monitoring Equipment Market, Sunray Medical Apparatus Co., Ltd. , Key

Marketed Products, 2011.........................................................................................109 Table 78: Patient Monitoring Equipment Market, 3M Health Care, Key Marketed Products, 2011

...............................................................................................................................110 Table 79: Authentidate Holding Acquires Remaining Stake In ExpressMD Solutions From

EncounterCare Solutions For $2.3m, 2011 ...............................................................111 Table 80: Newtech Enters Into An Agreement With Masimo, 2011 ...........................................112 Table 81: PULSION Medical Systems Enters Into An Agreement With Shenzhen Mindray Bio-

Medical Electronics, 2010 ........................................................................................112 Table 82: Dehaier Medical Systems Enters Into An Agreement With Welch Allyn, 2010 ............113 Table 83: Welch Allyn Enters Into An Agreement With BPL Healthcare, 2009...........................113 Table 84: Philips Medical Systems Acquires Dixtal Biomedica e Tecnologia, 2008....................114 Table 85: Philips Medical Acquires Shenzhen Goldway Industrial, 2008 ...................................114




1.2 List of Figures Figure 1: Patient Monitoring Equipment, Market Segmentation..................................................12 Figure 2: Patient Monitoring Equipment Market, Emerging Countries (China, India and Brazil),

Revenue ($m), 2003-2010 .........................................................................................14 Figure 3: Patient Monitoring Equipment Market, Emerging Countries (China, India and Brazil),

Revenue ($m), 2010-2017 .........................................................................................15 Figure 4: Patient Monitoring Equipment Market, China, Company Share (%), 2010....................16 Figure 5: Patient Monitoring Equipment Market, India, Company Share (%), 2010 .....................17 Figure 6: Patient Monitoring Equipment Market, Brazil, Company Share (%), 2010 ....................18 Figure 7: Emerging Countries as Medical Tourism Destinations, 2011 .......................................20 Figure 8: Patient Monitoring Equipment, Emerging Countries (China, India and Brazil), Market

Dynamics, 2011.........................................................................................................22 Figure 9: Percentage of People Aged 65 and Above in Total Adult Population, by Country (%),

1980-2050.................................................................................................................23 Figure 10: Per Capita Expenditure on Healthcare, Emerging Countries, 2011 ..............................24 Figure 11: Disposable Income($), Emerging Countries, 2007-2011* ............................................25 Figure 12: Multiparameter Patient Monitoring, Market Segmentation, 2011 ..................................29 Figure 13: Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m), 2003-2010

.................................................................................................................................30 Figure 14: Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m), 2010-2017

.................................................................................................................................31 Figure 15: Multiparameter Patient Monitoring Equipment Market, India, Revenue ($m), 2003-2010

.................................................................................................................................32 Figure 16: Multiparameter Patient Monitoring Equipment Market, India, Revenue ($m), 2010-2017

.................................................................................................................................33 Figure 17: Multiparameter Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2003-2010

.................................................................................................................................34 Figure 18: Multiparameter Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2010-2017

.................................................................................................................................35 Figure 19: Multiparameter Patient Monitoring Equipment Market, China, Company Share (%), 2010

.................................................................................................................................36 Figure 20: Multiparameter Patient Monitoring Equipment Market, India, Company Share (%), 2010

.................................................................................................................................37 Figure 21: Multiparameter Patient Monitoring Equipment Market, Brazil, Company Share (%), 2010

.................................................................................................................................38 Figure 22: Key Parameters Monitored by Multiparameter Patient Monitors...................................40 Figure 23: Non-Invasive Blood Pressure Monitors, Market Segmentation, 2011 ...........................41 Figure 24: Non-Invasive Blood Pressure Monitors Market, China, Revenue ($m), 2003- 2010......42 Figure 25: Non-Invasive Blood Pressure Monitors Market, China, Revenue ($m), 2010-2017.......43 Figure 26: Non-Invasive Blood Pressure Monitors Market, India, Revenue ($m), 2003-2010.........44 Figure 27: Non-Invasive Blood Pressure Monitors Market, India, Revenue ($m), 2010-2017.........45 Figure 28: Non-Invasive Blood Pressure Monitors Market, Brazil, Revenue ($m), 2003-2010 .......46 Figure 29: Non-Invasive Blood Pressure Monitors Market, Brazil, Revenue ($m), 2010-2017 .......47 Figure 30: Non-Invasive Blood Pressure Monitors Market, China, Company Share (%), 2010 ......48 Figure 31: Non-Invasive Blood Pressure Monitors Market, India, Company Share (%), 2010........49 Figure 32: Non-Invasive Blood Pressure Monitors Market, Brazil, Company Share (%), 2010.......50 Figure 33: Patient Monitoring Accessories, Market Segmentation, 2011 ......................................52 Figure 34: Patient Monitoring Accessories Market, China, Revenue ($m), 2003-2010 ..................53 Figure 35: Patient Monitoring Accessories Market, China, Revenue ($m), 2010-2017 ..................54 Figure 36: Patient Monitoring Accessories Market, India, Revenue ($m), 2003-2010....................55 Figure 37: Patient Monitoring Accessories Market, India, Revenue ($m), 2010-2017....................56 Figure 38: Patient Monitoring Accessories Market, Brazil, Revenue ($m), 2003-2010...................57 Figure 39: Patient Monitoring Accessories Market, Brazil, Revenue ($m), 2010-2017...................58 Figure 40: Patient Monitoring Accessories Market, China, Company Share (%), 2010..................59 Figure 41: Patient Monitoring Accessories Market, India, Company Share (%), 2010 ...................60 Figure 42: Patient Monitoring Accessories Market, Brazil, Company Share (%), 2010 ..................61 Figure 43: Micro-Electromechanical Systems Market, China, Revenue ($m), 2003-2010..............63 Figure 44: Micro-Electromechanical Systems Market, China, Revenue ($m), 2010-2017..............64 Figure 45: Micro-Electromechanical Systems Market, India, Revenue ($m), 2003-2010 ...............65 Figure 46: Micro-Electromechanical Systems Market, India, Revenue ($m), 2010-2017 ...............66 Figure 47: Micro-Electromechanical Systems Market, Brazil, Revenue ($m), 2003-2010 ..............67 Figure 48: Micro-Electromechanical Systems Market, Brazil, Revenue ($m), 2010-2017 ..............68




Figure 49: Applications of MEMS................................................................................................69 Figure 50: Neonatal Monitors Market, China, Revenue ($m), 2003-2010 .....................................71 Figure 51: Neonatal Monitors Market, China, Revenue ($m), 2010-2017 .....................................72 Figure 52: Neonatal Monitors Market, India, Revenue ($m), 2003-2010.......................................73 Figure 53: Neonatal Monitors Market, India, Revenue ($m), 2010-2017.......................................74 Figure 54: Neonatal Monitors Market, Brazil, Revenue ($m), 2003-2010......................................75 Figure 55: Neonatal Monitors Market, Brazil, Revenue ($m), 2010-2017......................................76 Figure 56: Neonatal Monitors Market, China, Company Share (%), 2010.....................................77 Figure 57: Neonatal Monitors Market, India, Company Share (%), 2010 ......................................78 Figure 58: Neonatal Monitors Market, Brazil, Company Share (%), 2010 .....................................79 Figure 59: Remote Patient Monitoring, Market Segmentation, 2011.............................................81 Figure 60: Remote Patient Monitoring Equipment Market, India, Revenue ($m), 2003-2010 .........82 Figure 61: Remote Patient Monitoring Equipment Market, India, Revenue ($m), 2010-2017 .........83 Figure 62: Remote Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2003-2010........84 Figure 63: Remote Patient Monitoring Equipment Market, Brazil, Revenue ($m), 2010-2017........85 Figure 64: Remote Patient Monitoring Equipment Market, India, Company Share (%), 2010.........86 Figure 65: Remote Patient Monitoring Equipment Market, Brazil, Company Share (%), 2010 .......87 Figure 66: The Lumos-T Safely RedUceS RouTine Office Device Follow-Up (TRUST) Clinical Trial

.................................................................................................................................88 Figure 67: CONNECT (Clinical Evaluation of Remote Notification to Reduce Time to Clinical

Decision) Clinical Trial ...............................................................................................89 Figure 68: Fetal Monitors, Market Segmentation, 2011................................................................90 Figure 69: Fetal Monitors Market, China, Revenue ($m), 2003-2010............................................91 Figure 70: Fetal Monitors Market, China, Revenue ($m), 2010-2017............................................92 Figure 71: Fetal Monitors Market, India, Revenue ($m), 2003-2010 .............................................93 Figure 72: Fetal Monitors Market, India, Revenue ($m), 2010-2017 .............................................94 Figure 73: Antepartum Monitors Market, Brazil, Revenue ($m), 2003-2010..................................95 Figure 74: Antepartum Monitors Market, Brazil, Revenue ($m), 2010-2017..................................96 Figure 75: Fetal Monitors Market, China, Company Share (%), 2010...........................................97 Figure 76: Fetal Monitors Market, India, Company Share (%), 2010.............................................98 Figure 77: Antepartum Monitors Market, Brazil, Company Share (%), 2010 .................................99 Figure 78: Patient Monitoring Equipment Market, China, Competitive Assessment, 2011 ...........101 Figure 79: Patient Monitoring Equipment Market, India, Competitive Assessment, 2011.............102 Figure 80: Patient Monitoring Equipment Market, Brazil, Competitive Assessment, 2011............103




2 Introduction Patient monitoring equipment comprises of monitors used to measure and record the vital signs of patients. These monitors are used in hospitals, the home and ambulatory settings. Patient monitoring devices measure the vital parameters continuously or at regular intervals. Therefore, they differ from diagnostic devices which measure these parameters through single testing procedures.

Patient monitoring devices are primarily differentiated into multiparameter and standalone devices. A multiparameter monitor displays multiple vital parameters in one screen whereas a standalone monitor can display only one parameter at a time.

Various important parameters can be measured using patient monitoring devices. Some of the parameters are:

Heart Rate (HR)

Oxygen saturation (SpO2)

Systematic pressures including Systolic Systemic Arterial Pressure (SSAP), Systemic Diastolic Arterial Pressure (SDAP) and Sleep Mean Arterial Blood Pressure (SMAP)

Core temperatures (inside the heart)

Respiratory rate (RR)

Electrocardiogram (ECG)

Peripheral temperature Cardiac Output Index (CI)

Central Venous Pressure (CVP)

Pulmonary pressures including Pulmonary Systolic Artery Pressure (PSAP), Pulmonary Diastolic Artery Pressure (PDAP) and Mean Pulmonary Artery Pressure (PMAP)

End-Tidal Carbon Dioxide (ETCO2)

Intracranial Pressure (ICP)

Electroencephalogram (EEG) to measure and record the electrical activity of the brain by using sensors (electrodes)

Figure 1: Patient Monitoring Equipment, Market Segmentation

Patient Monitoring

Multiparameter Patient Monitoring Remote Patient Monitoring

Non-Invasive Blood Pressure Monitors Neonatal Monitors

Patient Monitoring accessories Fetal Monitors

Micro-Electromechanical Systems

Patient Monitoring

Multiparameter Patient Monitoring Remote Patient Monitoring

Non-Invasive Blood Pressure Monitors Neonatal Monitors

Patient Monitoring accessories Fetal Monitors


Source: GBI Research, Secondary Research and Interviews with Industry Participants and Key Opinion Leaders

GBI Research segments patient monitoring equipment to include multiparameter patient monitoring, non-invasive blood pressure monitors, patient monitoring accessories, micro-electromechanical systems, remote patient monitoring, neonatal monitors and fetal monitors.




2.1 GBI Research Report Guidance The report includes an executive summary capturing the market dynamics in the patient monitoring equipment market in the emerging countries, China, India and Brazil.

This chapter provides an introduction to patient monitoring providing an overview of the market.

The chapter “Patient Monitoring Equipment, Emerging Countries: Market Characterization” provides an overview of the patient monitoring equipment market in certain emerging countries. This chapter gives information on the market size for the historic period (2003-2010) and the forecast period (2010-2017). Please note the exceptions of the micro-electromechanical systems category and the remote patient monitoring category for China; the data available was insufficient to enable GBI Research to develop robust forecast data.

The chapter “Patient Monitoring Equipment Market, Emerging Countries: Category Analysis”, Chapter four, provides information about each category, market size (historic and forecast), company shares and market dynamics for each category in the emerging countries. Please note that the raw data available for the micro-electromechanical systems category was insufficient to enable GBI Research to provide a robust analysis of this category.

The chapter “Patient Monitoring Equipment Market, Emerging Countries: Strategic Competitive Assessment” discusses the company profiles and the key marketed products of companies present in the patient monitoring equipment market in the emerging countries. Please note the exceptions of the micro-electromechanical systems category and the remote patient monitoring category for China; the data available was insufficient to enable GBI Research to offer a complete competitive assessment for these categories.

The chapter “Patient Monitoring Equipment Market, Emerging Countries: M&A Landscape”, gives an overview of the key deals that have taken place in the market during the 2008-2011 period.




3.2.3 Patient Monitoring Equipment Market, Brazil, Company Share (%), 2010

Figure 6: Patient Monitoring Equipment Market, Brazil, Company Share (%), 2010

Philips Healthcare

GE Healthcare3M Health Care

Others

Mindray Medical International Limited Draegerwerk AG & Co.

KGaA


Table 5: Patient Monitoring Equipment Market, Brazil, Company Revenue ($m), 2010 Company Name Revenue ($m)

Philips Healthcare

GE Healthcare

Draegerwerk AG & Co. KGaA

Mindray Medical International Limited

3M Health Care

Others Source: GBI Research, Annual Reports, SEC Filings, Investor Presentations, Earning Call Transcripts, News and Press Releases, Scientific Journals, Trade Associations, Interviews with Industry Experts and Key Opinion Leaders (KOLs)

Philips Healthcare and GE Healthcare combined together account for XX% of the patient monitoring equipment market in Brazil. In 2010, with revenue of $XXm Philips Healthcare accounted for XX% of the market share, while GE Healthcare accounted for XX% share with revenue of $XXm.




4.2.2 Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m), 2010-2017

Figure 14: Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m), 2010-2017

2010 2011 2012 2013 2014 2015 2016 2017

Rev

enue

($m

)

High Acuity Monitors Low Acuity Monitors Mid Acuity Monitors Multiparameter Central Stations


Table 11: Multiparameter Patient Monitoring Equipment Market, China, Revenue ($m), 2010-2017

2010 2011 2012 2013 2014 2015 2016 2017 CAGR (2010-2017)

High Acuity Monitors

Low Acuity Monitors

Mid Acuity Monitors

Multiparameter Central Stations

Overall Market Source: GBI Research, Annual Reports, SEC Filings, Investor Presentations, Earning Call Transcripts, News and Press Releases, Scientific Journals, Trade Associations, Interviews with Industry Experts and Key Opinion Leaders (KOLs)

The multiparameter patient monitoring equipment market in China was valued at $XXm in 2010 and is forecast to reach $XXm by 2017 at a CAGR of XX%. The market for high acuity monitors was valued at $XXm in 2010 and is forecast to reach $XXm in 2017 at a CAGR of XX%. The market for low acuity monitors was valued at $XXm in 2010 and is forecast to reach $XXm in 2017 at a CAGR of XX%. The market for mid acuity monitors was valued at $XXm in 2010 and is forecast to reach $XXm in 2017 at a CAGR of XX%. The market for multiparameter central stations was valued at $XXm in 2010 and is forecast to reach $XXm by 2017 at a CAGR of XX%.




4.14.3 Micro-Electromechanical Systems Market, India, Revenue ($m), 2003-2010

Figure 45: Micro-Electromechanical Systems Market, India, Revenue ($m), 2003-2010

2003 2004 2005 2006 2007 2008 2009 2010

Rev

enue

($m

)


Table 40: Micro-Electromechanical Systems Market, India, Revenue ($m), 2003-2010

2003 2004 2005 2006 2007 2008 2009 2010 CAGR (2003-2010)



The market for micro-electromechanical systems in India was valued at $XXm in 2003 and grew to $XXm in 2010 at a CAGR of XX%.




7 Appendix 7.1 Definitions 7.1.1 Patient Monitoring Patient monitoring devices are used to observe, measure and record vital signs in patients. These monitors are used in hospitals, the home and the ambulatory settings. Seven categories of monitors have been tracked under this market which include multiparameter patient monitoring, neonatal monitors, fetal monitors, patient monitoring accessories, remote patient monitoring, non-invasive blood pressure monitors and micro-electromechanical systems. Devices and services such as glucose monitoring devices, cardio monitoring, and neurological monitors are not covered under this market.

7.1.1.1 Fetal Monitors

Fetal monitors are devices used to monitor the fetal heart rate for indicators of stress, usually during labor and birth using ultrasound and electrocardiography. They are essentially a device for recording the uterine contractions during labor, and also the fetal heart rate, to monitor the progress of labor, and in particular the wellbeing of the fetus. This category includes antepartum and intrapartum monitors.This category includes the monitors only and the accessories associated with monitoring are not tracked under it.

Antepartum Monitors

Antepartum monitors refer to devices monitoring both maternal and fetal vital signs such as fetal/maternal heart rates, fetal ECG, maternal ECG, pulse oximetry, maternal BP, and uterine activity, during and before delivery. They are used on a routine basis throughout pregnancy. One unit refers to one antepartum monitor.

Intrapartum Monitors

Intrapartum monitors are used for fetal and uterine-invasive monitoring during the onset of labor and the actual birthing process until delivery. They are equipped with a fetal electrode for invasive monitoring of fetal and uterine activity. Intrapartum monitoring can be both external and internal. One unit refers to one intrapartum monitor.

7.1.1.2 Micro-Electromechanical Systems

Micro-Electro Mechanical Systems (MEMS) are sensors used to measure body parameters such as blood pressure, uterine pressure and endovascular pressure. These sensors are attached to catheters and inserted into the relevant area of the body. This category includes micro sized pressure sensors including blood pressure sensors, intrauterine pressure sensors, dialysis pressure sensors, and endovascular sensors. Transducers and other monitoring accessories are not covered under this category. One unit refers to one sensor.

7.1.1.3 Multiparameter Patient Monitoring

Multiparameter patient monitoring includes devices used for continuous monitoring of physiological and vital parameters such as, temperature, blood pressure (BP), oxygen saturation in blood (SpO2), respiration rate (RR) and capnography (CO2) in patients on a continuous basis. These types of monitors are used in the emergency settings, operation theatres (OT), intensive care units (ICU) and physician’s clinics. This category includes high acuity monitors, mid acuity monitors, low acuity monitors and multiparameter central stations. This category includes the monitors only and the accessories associated with monitoring are not tracked under it.

High Acuity Monitors

High acuity monitors are used in the intensive care units (ICU) and operating theatre (OT) to monitor parameters such as, temperature, respiration rate (RR), blood Pressure (BP), oxygen saturation in blood (SpO2). This segment includes MRI compatible monitors, critical care monitors and perioperative care monitors. This segment does not include anesthesia monitors.




Critical Care Monitors

Critical care monitors are machines that can measure and display information regarding various vital signs and are used primarily in the intensive care units (ICU) and acute care units (ACU) for critically ill patients. In addition to basic parameters, such as temperature, blood pressure, heart rate and respiratory rate, critical care monitors typically measure cardiac output (the volume of blood pumped by the heart in a specific time period) and multiple invasive/non invasive blood pressures. One unit refers to one critical care monitor.

MRI Compatible Monitors

MRI compatible monitors include devices used for monitoring the patients during MRI investigations and to measure and monitor parameters such as, electrocardiography (ECG), oxygen saturation in blood (SpO2), and blood pressure (BP). One unit refers to one MRI compatible monitor.

Perioperative Care Monitors

Perioperative care monitors are the devices used to monitor parameters such as, electrocardiography (ECG), anesthetic agent levels, oxygen saturation in blood (SpO2), electroencephalography (EEG) in patients during hospital stay for any surgery. One unit refers to one perioperative care monitor.

Low Acuity Monitors

Low acuity monitors are simple multi-parameter monitors used to monitor basic vital signs (such as blood pressure, temperature, respiration rate, heart rate) of non-emergency patients. This segment includes ambulatory and vital signs monitors but does not include obstetrical ante-natal monitoring and labor & delivery monitoring.

Ambulatory Monitors

Ambulatory monitors or transport monitors facilitate the monitoring of vital physiologic parameters and electrocardiograph (ECG), while transferring the patients to or from the hospital. Monitors used in ambulances are also considered in this category. One unit refers to one ambulatory monitor.

Vital Sign Monitors

Vital sign monitors are used to measure and record the basic vital signs such as pulse rate, temperature and respiratory rate of an individual. These types of monitors are mostly used in small healthcare settings, physician offices, clinics etc. One unit refers to one vital sign monitor.

Mid Acuity Monitors

Mid acuity monitors are multi-parameter monitors used to monitor basic vital signs (blood pressure, temperature, respiration rate, heart rate) for patients under post anesthesia care. This segment includes emergency care monitors and post anaesthesia care monitors.

Emergency Care Monitors

These are intensive care monitors used during emergency to measure basic parameters such as, electrocardiogram (ECG), blood pressure (BP), oxygen saturation in blood (SpO2), and temperature for patients in the emergency rooms. One unit refers to one emergency care monitor.

Post Anesthesia Care Monitors

Post anesthesia care monitors are used to measure basic hemodynamic parameters and advanced airway gas monitoring during post anesthesia or recovery phase after surgery. One unit refers to one post anesthesia care monitor.

Multiparameter Central Stations

Multiparameter central stations are central monitoring solutions which include bedside and telemetry monitors, centralized stations, wireless interfaces, and network support. These stations are generally installed in the hospitals and can handle 10 or more monitors with multiple waveforms. One unit refers to one multiparameter central station.




7.1.1.4 Neonatal Monitors

Neonatal monitors are used to continuously monitor and record parameters such as, electrocardiograph (ECG), heart rate, respiration rate (RR) and temperature of critically ill newborns and infants. They are primarily used in neonatal wards of healthcare settings. One unit refers to one neonatal monitor.

7.1.1.5 Non-Invasive Blood Pressure Monitors

This category includes sphygmomanometers, a device consisting of a pressure gauge and a rubber cuff that wraps around the upper arm and inflates to constrict the arteries and measure the blood pressure. This category includes mercury, aneroid and digital sphygmomanometers.

Aneroid Sphygmomanometers

An aneroid sphygmomanometer is mercury free and consists of a cuff; a stethoscope that is built in or attached for pulse measurement; and a valve that inflates and deflates automatically with the data displayed on an easy-to-read gauge. One unit refers to one aneroid sphygmomanometer.

Digital Sphygmomanometers

Digital sphygmomanometer is mercury free and consists of a cuff and a valve that automatically inflates and deflates. It is typically battery-operated. This segment includes both automatic inflation and manual inflation devices. The reading is displayed digitally and a stethoscope is not required. One unit refers to one digital sphygmomanometer.

Mercury Sphygmomanometers

Mercury sphygmomanometer is a device used to measure blood pressure. It consists of a mercury-based unit with a manually inflatable cuff attached by tubing to the unit which is calibrated in millimetres of mercury. One unit refers to one mercury sphygmomanometer.

7.1.1.6 Patient Monitoring Accessories

Patient monitoring accessories are used along with patient monitoring devices, to measure the various vital signs of the patients. This category includes patient monitoring leads and electrodes, non-Invasive Blood Pressure Cuffs and Patient Monitoring Temperature Probes.

Non-Invasive Blood Pressure Cuffs

Non-invasive blood pressure cuffs are made of a non-elastic material used along with blood pressure monitors. The blood pressure cuff is applied around the upper arm above the elbow to measure the blood pressure using a non invasive blood pressure meter. It is available in different types and different sizes, for children, adults and obese adults. This segment includes reusable cuffs and disposable cuffs.

Disposable Cuffs

Disposable cuffs are used along with the blood pressure monitors. These cuffs are changed for each and every patient. One unit refers to one disposable cuff.

Reusable Cuffs

Reusable cuffs are used along with the blood pressure monitors. These cuffs are used on the multi number of patients. One unit refers to one reusable cuff.

Patient Monitoring Leads and Electrodes

Patient monitoring electrodes are small metal disks connected to lead wires. Electrodes pick electrical impulses and transmit them to an attached monitor where the impulses are recorded. These electrodes are of various types based on the type of usage and type of test such as Electroencephalograph and Electrocardiograph. This segment includes long-term electrodes, neonatal electrodes, rest electrodes and stress electrodes.

Long-term (Holter) Electrodes

Holter electrodes are electrodes that are connected to the lead wires of a holter monitor. These electrodes pick up electrical impulses of the heart which are recorded by the holter monitor and give a 24-hour record of heart's electrical activity. One unit refer to a pack of 50 electrodes.




Neonatal Electrodes

Neonatal electrodes are used to measure the normal functioning of the various body organs of the premature and new born babies. One unit refer to a pack of 50 neonatal electrodes.

Rest Electrodes

Resting snap electrodes are used in routine ECG tests, as well as Echo test or any short term situation in which the patient is relatively stationary. These are deactivated electrodes that are used along with the activated electrodes to measure electric impulses which are recorded in a monitor. The deviation / variance of the electric activity is studied which gives an indication of the functioning of the organ being monitored. One unit refer to pack of 50 rest electrodes.

Stress Electrodes

Stress electrodes are type of ECG electrode used in a stress test (treadmill test) to pick up electrical impulses of the heart and are connected to wires called leads, which in turn are connected to a machine with a television monitor that records the electrical activity of the heart. One unit refers to a pack of 50 stress electrodes.

Patient Monitoring Temperature Probes

Patient monitoring temperature probes are disposable probes used along with multiparameter monitors. They are used for routine monitoring throughout the hospital, to measure core body temperature and are made of non-porous material. They can be placed in the esophagus, nasopharynx, or rectum portion of the body. One unit refers to one probe.

7.1.1.7 Remote Patient Monitoring

The remote patient monitoring devices are used to retrieve and transmit data through a wireless system to a monitoring station or a physician’s office for further analysis and interpretation. This category includes implantable remote patient monitoring and external remote patient monitoring devices.

External Remote Patient Monitoring Devices

External remote patient monitoring devices retrieve the data from the external measurement device (glucose meters, blood pressure monitors, pulse oximeters, weight scales, ECG) and transmit it, through a wireless system to a monitoring station or a physician’s office for further analysis and interpretation. This segment includes the external module or transmitter which receives the data from the external measurement devices. One external remote patient monitoring device consists of one external module or transmitter.

Implantable Remote Patient Monitoring Devices

Implantable remote patient monitoring devices retrieve the data from the implantable sensor and transmit it, through a wireless system to a monitoring station or a physician’s office for further analysis and interpretation. This segment includes the external module or transmitter which receives the data only from the implantable sensors used for arthymia and heart failure management. One implantable remote patient monitoring device consists of one external module or transmitter.

7.2 Acronyms AAFP: American Academy of Family Physicians

ART: Assisted Reproductive Technology

BP: Blood Pressure

BNP: B type Natriuretic Peptide

CAGR: Compounded Annual Growth Rate

CCU: Critical Care Unit

CDC: Centers for Disease Control

CE: Conformite Europeene

CI: Cardiac Output Index




CONNECT: Clinical Evaluation of Remote Notification to Reduce Time to Clinical Decision

CVD: Cardiovascular Disease

CVP: Central Venous Pressure

CRT -D: Cardiac Resynchronization Therapy - Defibrillator

DRG: Diagnosis Related Groups

DIPP: Department of Industrial Policy and Promotion

ECG: Electrocardiogram

EEG: Electroencephalograph

ETCO2: End-Tidal carbon dioxide

FDI: Foreign Direct Investment

GDP: Gross Domestic Product

HR: Heart Rate

ICD: Implantable Cardioverter Defibrillators

ICU: Intensive Care Unit

ICP: Intracranial Pressure

IDF: International Diabetes Federation

JCI: Joint Commission Control

MEMS: Micro-Electrochemical Systems

MRI: Magnetic Resonance Imaging

NRCMS: New Rural Co-operative Medical System

OEM: Original Equipment Manufacturer

OT: Operation Theatres

PET: Positron Emission Tomography

PDAP: Pulmonary Diastolic Artery Pressure

PMAP: Mean Pulmonary Artery Pressure

PSAP: Pulmonary Systolic Artery Pressure

RPM: Remote Patient Monitoring

RR: Respiration Rate

SpO2: Oxygen Saturation in Blood

SSAP: Systolic Systemic Arterial Pressure

SDAP: Systemic Diastolic Arterial Pressure

SMAP: Sleep Mean Arterial Blood Pressure

TI: Thoracic Impedance

TRUST: The Lumos-T Safely RedUceS RouTine Office Device Follow-

US FDA: United States Food and Drug Administration

WHO: World Health Organization




7.3 Research Methodology GBI Research’s dedicated Research and Analysis Teams consists of experienced professionals with a pedigree in marketing, market research, consulting backgrounds in the medical devices industry and advanced statistical expertise.

GBI Research adheres to the Codes of Practice of the Market Research Society (www.mrs.org.uk) and the Society of Competitive Intelligence Professionals (www.scip.org).

All GBI Research databases are continuously updated and revised. The following research methodology is followed for all databases and reports.

7.4 Secondary Research The research process begins with exhaustive secondary research into internal and external sources being carried out to find qualitative and quantitative information relating to each market.

The secondary research sources that are typically referred to include, but are not limited to:

Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings.

Industry trade journals, scientific journals and other technical literature.

Internal and external proprietary databases.

Relevant patent and regulatory databases.

National government documents, statistical databases and market reports.

Procedure registries.

News articles, press releases and web-casts specific to the companies operating in the market.

7.5 Primary Research GBI Research conducts hundreds of primary interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfills the following functions:

It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.

Helps in validating and strengthening the secondary research findings.

Further develops the Analysis Team’s expertise and market understanding.

Primary research involves e-mail correspondence and telephone interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies.

The participants who typically take part in such a process include, but are not limited to:

Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers.

Hospital purchasing managers, laboratory personnel, pharmacists, distributors and paramedics.

Outside experts: investment bankers, valuation experts, research analysts specializing in specific medical equipment markets.

Key opinion leaders: physicians and surgeons specializing in different therapeutic areas corresponding to different kinds of medical equipment. Key opinion leaders: physicians and surgeons specializing in different therapeutic areas corresponding to different kinds of medical equipment.




7.6 Models Where no hard data is available, GBI Research uses modeling and estimates in order to produce comprehensive data sets. The following rigorous methodology is adopted:

Available hard data is cross referenced with the following data types to produce estimates:

Demographic data: population, split by segment.

Macro-economic indicators: GDP, inflation rate and so on.

Healthcare indicators: health expenditure, physicians base, healthcare infrastructure and facilities.

Selected epidemiological and procedure statistics.

Data is then cross checked by the Expert Panel.

All data and assumptions related to modeling are stored and are available to clients on request.

7.7 Forecasts GBI Research uses proprietary forecast models. The following four factors are utilized in the forecast models:

Historic growth rates.

Macro indicators such as population trends and healthcare spending.

Forecast epidemiological data.

Qualitative trend information and assumptions.

Data is then cross checked by the Expert Panel.

7.8 Expert Panels GBI Research uses a panel of experts to cross-verify its databases and forecasts.

GBI Research’s expert panel comprises marketing managers, product specialists, international sales managers from medical device companies, academics from research universities, KOLs from hospitals, consultants from venture capital funds and distributors/suppliers of medical equipment and supplies.

Historic data and forecasts are relayed to GBI Research’s expert panel for feedback and adjusted in accordance with this feedback.




7.10 Disclaimer All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, GBI Research.

7.11 Sources ASC Communications

Centers for Medicare & Medicaid Services (CMS)

European Disability Forum

Eurostat

Federal Interagency Forum on Aging-Related Statistics

International Society for Pharmacoeconomics and Outcomes Research

Radio imaging Journal

Medical device and diagnostic industry online

Medical tourism magazine

National Healing Corporation

National Institutes of Health

National Institutes of Health: National Information Center on Health Services Research and Health Care Technology

US National Library of Medicine

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