Newer solutions accelerate market growth
Devices such as mobile continuous monitors are continuing to gain traction in many countries; their portability and small size benefit patients who need continuous monitoring but need to remain mobile to aid their recovery and to ensure any deterioration is identified quickly. The need for greater flexibility has also resulted in a decline of demand for patient monitors specifically designed for transport, as new developments allow devices to be flexibly adapted to different care settings and different levels of acuity.
Fastest growth is projected for the mobile continuous devices market due to the increased demand for continuous solutions in low-acuity settings to help maintain consistent monitoring throughout the patient’s care provision. Pricing will become more competitive as more players enter this market. The U.S. market for mobile continuous monitors is more established than other regions and it is likely to experience the fastest price erosion of all regions due to movement toward lower-cost patch solutions.
Ad Statistics
Times Displayed: 109208
Times Visited: 6638 MIT labs, experts in Multi-Vendor component level repair of: MRI Coils, RF amplifiers, Gradient Amplifiers Contrast Media Injectors. System repairs, sub-assembly repairs, component level repairs, refurbish/calibrate. info@mitlabsusa.com/+1 (305) 470-8013
Purchasing models are further developing
With many healthcare providers focusing on cost efficiency and return on investment (ROI), the interest in OPEX (operating expenditure) purchase models is increasing. Healthcare providers are rethinking the cost model to enable a more sustainable healthcare system. OPEX-based solutions enable providers to outsource responsibility of maintaining and supporting solutions. The shift in patient care from hospital settings toward the home or ambulatory settings has been historically challenged by financing issues. The movement to OPEX purchasing will help maintain the flexibility of healthcare provision; however, it will require consideration from both manufacturers and care providers before it is commercially viable globally. OPEX purchasing has been most successful in the remote patient monitoring model, and more specifically in the U.S. Further developments will be seen in hospital settings, where the aim is to improve clinical outcomes, diminish the pressure on overstretched staff and reduce the overall cost of care.
