Increasing Incidence of Chronic Diseases to Escalate Adoption of Healthcare Informatics and Patient Monitoring Systems

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Brooklyn, NY — (SBWIRE) — 11/07/2017 — The widening pool of patients suffering from chronic conditions worldwide is one of the primary growth stimulants of the global healthcare informatics and patient monitoring market. In addition, the alarming rise in the incidence of chronic disorders is paving way for rapid technological advancements. These advancements will be instrumental in establishing an effective treatment platform for monitoring disease progression. Rapid technological advancements are, therefore, playing a vital role in the growth of the market.

Moreover, the increasing consumer spending on healthcare and rising awareness regarding the availability of innovative technologies are working in favor of the global healthcare informatics and patient monitoring market. The rising number of homecare centers and hospitals, especially in developing countries, is also allowing the market to gain significant traction. Besides this, the lack of nursing staff in several countries across the world is boosting the adoption of healthcare informatics and patient monitoring systems.

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On the other hand, these systems are generally high priced, which deters their widespread adoption, particularly in price sensitive countries. Furthermore, there have been several cases of recalls of patient monitors. The rise in such cases is, thus, negatively impacting the growth of the market. Nevertheless, the booming telemedicine sector is likely to shape the future of the market.

On the basis of type, the global healthcare informatics and patient monitoring market is segmented into metropolitan and urban hospitals and healthcare facilities and rural hospitals and healthcare facilities. The demand for healthcare informatics and patient monitoring systems is expected to remain strong in metropolitan and urban setup throughout the forecast horizon. The rising prevalence of chronic diseases such as cardiovascular and respiratory diseases and the growing number of hospitals are supplementing the growth of the segment.

Based on application, the market is divided into hospitals, home healthcare, and ambulatory care centers. The hospitals segment will account for a sizeable share in the market throughout the same period. The widening pool of patients suffering from chronic disorders and rising number of hospital beds are contributing to the growth of the segment. From the geographical standpoint, the global healthcare informatics and patient monitoring market is fragmented into United States, India, Europe, China, Southeast Asia, and Japan.

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Some of the prominent companies operating in the global healthcare informatics and patient monitoring market are Nihon Kohden India Pvt. Ltd., Wipro GE Healthcare, Philips India Ltd., Mindray Medical India Pvt. Ltd., India Medtronic Pvt. Ltd., Schiller Healthcare India Pvt. Ltd., and BPL Medical Technologies Pvt. Ltd.

Table of Contents

Global Healthcare Informatics and Patient Monitoring Market Size, Status and Forecast 2022
1 Industry Overview of Healthcare Informatics and Patient Monitoring
1.1 Healthcare Informatics and Patient Monitoring Market Overview
1.1.1 Healthcare Informatics and Patient Monitoring Product Scope
1.1.2 Market Status and Outlook
1.2 Global Healthcare Informatics and Patient Monitoring Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Healthcare Informatics and Patient Monitoring Market by Type
1.3.1 Metropolitan and Urban Hospitals and Healthcare Facilities
1.3.2 Rural Hospitals and Healthcare Facilities
1.4 Healthcare Informatics and Patient Monitoring Market by End Users/Application
1.4.1 Ambulatory Care Centers
1.4.2 Home Healthcare
1.4.3 Hospitals

2 Global Healthcare Informatics and Patient Monitoring Competition Analysis by Players
2.1 Healthcare Informatics and Patient Monitoring Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 Philips India Ltd.
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Healthcare Informatics and Patient Monitoring Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 Wipro GE Healthcare
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Healthcare Informatics and Patient Monitoring Revenue (Value) (2012-2017)
3.2.5 Recent Developments
3.3 Mindray Medical India Pvt. Ltd.
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions

4 Global Healthcare Informatics and Patient Monitoring Market Size by Type and Application (2012-2017)
4.1 Global Healthcare Informatics and Patient Monitoring Market Size by Type (2012-2017)
4.2 Global Healthcare Informatics and Patient Monitoring Market Size by Application (2012-2017)
4.3 Potential Application of Healthcare Informatics and Patient Monitoring in Future
4.4 Top Consumer/End Users of Healthcare Informatics and Patient Monitoring

5 United States Healthcare Informatics and Patient Monitoring Development Status and Outlook
5.1 United States Healthcare Informatics and Patient Monitoring Market Size (2012-2017)
5.2 United States Healthcare Informatics and Patient Monitoring Market Size and Market Share by Players (2016 and 2017)

6 EU Healthcare Informatics and Patient Monitoring Development Status and Outlook
6.1 EU Healthcare Informatics and Patient Monitoring Market Size (2012-2017)
6.2 EU Healthcare Informatics and Patient Monitoring Market Size and Market Share by Players (2016 and 2017)
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About the Author: Jim Kim

Jim has over six years experience as a teacher, ecologist, zoologist and botanist. He has a B.S. from Cornell University, and a Ph.D. in biology from Harvard University Graduate School. His professional expertise in environmental health empacts has been recognized since 1973, when he testified at a New York DEC public hearing in Utica on ground truthing aerial photo wetland mapping by wetland community type. He taught (HS) Physics, Geology, Oceanography, Chemistry and photography from 1970-1980 at Palfrey Street School, Watertown, MA. Aproject: National Cooperative Highway Research Program. Jim works as our health editor