DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Australia Market Overview for Patient Monitoring Equipment 2017 - MedView" report to their offering.
Despite growing demand for quality patient monitoring solutions, some hospitals cannot afford high-cost monitoring platforms in light of budget constraints. In addition, the shrinking hospital profit margins, reimbursement cuts and consolidation within industry (i.e. private practices closing in favor of security of hospital affiliation) all reduce the total market opportunity and is resulting in more rapid ASP declines. Moreover, given the lack of reimbursement from alternate care setting devices, low growth is expected in many of the patient monitoring market segments.
In light of an aging population as well as environmental and chemical stressors the number of chronically ill patients within the population has been steadily increasing. This includes those individuals being diagnosed with heart disease, obesity, diabetes, high cholesterol and high blood pressure among other conditions. Furthermore, these illnesses are becoming more prevalent among younger demographics.
A trend that is currently prevailing across Australia relates to the adoption of less-invasive, more accessible, patient-centric monitoring device configurations. This is exemplified by the movement towards wireless telemetry solutions and remote patient monitoring platforms in the hospital. Furthermore, emphasis is now being placed on patient comfort and mobility across lower-acuity care settings, wherein gaps in monitoring are further being filled with portable solutions. With respect to consumables, there is a shift in demand towards disposable units in many regions as a proactive means of reducing cross-contamination risk and reducing liability concerns.
Key Topics Covered:
Australia Market For Patient Monitoring Equipment Overview
1. Research Methodology
2. Australia Patient Monitoring Equipment Market Overview
2.1 Introduction
2.1.1 Monitoring Devices
2.1.2 Telehealth
2.2 Currency Exchange Rate
2.3 Market Overview
2.4 Trend Analysis By Segment
2.5 Drivers And Limiters
2.6 Competitive Market Share Analysis
2.7 Company Profiles
2.7.1 Boston Scientific
2.7.2 Edwards Lifesciences
2.7.3 GE Healthcare
2.7.4 Honeywell Life Sciences
2.7.5 Masimo
2.7.6 Medtronic
2.7.7 Mindray Medical
2.7.8 Natus Medical
2.7.9 Nihon Kohden
2.7.10 Nonin Medical
2.7.11 Omron Healthcare
2.7.12 Philips Healthcare
2.7.13 St. Jude Medical
2.7.14 Spacelabs Healthcare
2.7.15 Welch Allyn
For more information about this report visit http://www.researchandmarkets.com/research/32sz2g/australia_market
