Showing posts with label India Healthcare Informatics and Patient Monitoring Market. Show all posts
Showing posts with label India Healthcare Informatics and Patient Monitoring Market. Show all posts

Thursday, 22 February 2018

India Healthcare Informatics and Patient Monitoring Market Value to Reach US$ 560.9 Million by 2025

This report on the healthcare informatics and patient monitoring market studies the current and future prospects of the India market. Healthcare informatics and patient monitoring devices enables monitoring of patient’s health and assists medical practitioners in deciding the treatment regimen as well as track the disease progression during treatment. Patient monitoring is effective in the management of post-acute care and chronic disease. Geriatric population is observed to be at a high risk of chronic diseases such as diabetes, hypertension, cardiovascular diseases and respiratory diseases. Thus, rising geriatric population propels the prevalence of chronic diseases leading to accentuate the growth of healthcare informatics and patient monitoring market in India.
The healthcare informatics and patient monitoring market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments and sub-segments of the market. It also provides information and data analysis of the healthcare informatics and patient monitoring market with respect to market segments based on the type and demography of end-users and their geographic analysis.
Based on demography, the healthcare informatics and patient monitoring market has been segmented into two major categories: metropolitan and urban hospitals and healthcare facilities and rural hospitals and healthcare facilities. Based on type, the market has been categorized into three segments: Ambulatory care, hospitals and home health care. The market segments have been extensively analyzed based on usefulness, efficacy, revenue, and geographical coverage. The market size and forecast in terms of US$ million for each segment has been provided for the period from 2015 to 2025. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2015 as the base year.
Geographically, the healthcare informatics and patient monitoring market has been categorized into four major regions: North, East, West and South. The market size and forecast for each of these regions has been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2015 as the base year. The research study also covers the competitive scenario in these regions.
A detailed qualitative analysis of factors responsible for driving and restraining the growth of the market and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis, value chain analysis, Porter’s Five Forces analysis, and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the healthcare informatics and patient monitoring market.
A list of recommendations has been provided for new entrants as well as existing market players to assist them in taking strategic initiatives to establish a strong presence in the market. The report also profiles major players in the healthcare informatics and patient monitoring market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include Philips India Ltd., Wipro GE Healthcare, Mindray Medical India Pvt. Ltd., Nihon Kohden India Pvt. Ltd., Schiller Healthcare India Pvt. Ltd., Dräger India Pvt. Ltd., BPL Medical Technologies Pvt. Ltd., India Medtronic Pvt. Ltd.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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Monday, 19 February 2018

India Healthcare Informatics and Patient Monitoring Market to Rise at 16.3% CAGR from 2017 to 2025

The market for healthcare informatics and patient monitoring in India is characterized by stiff competition among the existing numerous players. Currently the market is fragmented in nature on account of the presence of a copious number of local as well as international players. Some of the key players operating in the market are Mindray Medical India Pvt. Ltd., Philips India Ltd., Wipro GE Healthcare, Nihon Kohden India Pvt. Ltd., BPL Medical Technologies Pvt. Ltd., Schiller Healthcare India Pvt. Ltd., Dräger India Pvt. Ltd., and India Medtronic Pvt. Ltd. The robust competition in the market is predicted to catalyze its phenomenal growth.
As per a report by Transparency Market Research, the market for healthcare informatics and patient monitoring in India will likely expand at a stellar 16.3% CAGR during the period between 2017 and 2025. Expanding at this rate, the report forecasts the market to become worth US$560.9 mn by 2025 from US$124.7 mn in 2015.
Depending upon demography, the India market for healthcare informatics and patient monitoring can be broadly divided into metropolitan and urban hospitals and healthcare facilities and rural hospitals and healthcare facilities. Of the two, the metropolitan and urban hospitals and healthcare facilities segment leads the market with a mammoth share in it. In 2014, the segment held a whopping 88.0% share in the market. Growing occurrence of cardiovascular and respiratory diseases has led to the segments swift progress so far. Apart from that, the increasing occurrence of fatal conditions and rising number of beds in tier 1 and tier 2 cities have also propelled the segment to a dominant position.
Based on region, the India market for healthcare informatics and patient monitoring can be segmented North, South, West, and East. Of them, the market in South India holds a dominant share by dint of being a frontrunner in adoption of cutting-edge medical technology. Besides, easy availability of technologically superior patient monitors and solid support from the government has also fuelled strong growth in the market in the region. In 2015, South India accounted for 39.0% share in the overall India market.
At the forefront of driving growth in the India healthcare informatics and patient monitoring market is the alarming instances of chronic conditions resulting from a growing pool of elderly and changes in lifestyle due to increasing wealth of people. As per the lead analyst of the TMR report, “With the increased prevalence of chronic disorders, patient monitoring devices are undergoing rapid and innovative technological advancement in order to establish an effective treatment platform for monitoring disease progression.” This is also another reason for the rapid growth in the healthcare informatics and patient monitoring market in India along with the rising awareness about the latest technologies in the field.
In addition, rise in the number of hospitals and home care centers and a dearth of nursing staff is also expected to fuel growth in the India healthcare informatics and patient monitoring market. For example, patient monitors are leveraged to keep a tab on a patients’ vital signs under critical care. Such monitors primarily measure five main vital signs of temperature, heart rate, blood pressure, pulse oximetry, and respiratory rate.
Proving to be a drawback to the market is the price sensitivity of the consumer and frequent recall of patient monitors.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

Monday, 28 August 2017

India Healthcare Informatics and Patient Monitoring Market

India Healthcare Informatics and Patient Monitoring Market: Snapshot

In a fragmented healthcare informatics and patient monitoring market in India, numerous local and international players are competing with one another. In order to steal a march over their rivals, they are said to be expending a lot of money on developing cutting-edge products. This is majorly fuelling growth in the market along with the dearth of nursing staff and mushrooming hospitals and homecare centers.

Read the Comprehensive Overview of Healthcare Informatics and Patient Monitoring Market: http://www.transparencymarketresearch.com/healthcare-informatics-patient-monitoring-market.html

Besides, the alarming increase in chronic diseases in the nation due to the burgeoning geriatric population and changes in lifestyle brought about by urbanization and increasing income of people has also stoked growth in the market for healthcare informatics and patient monitoring in India.

Posing a roadblock to the market, on the other hand, is the price sensitivity of the consumer and frequent recall of patient monitors.

A report by Transparency Market Research predicts the India market for healthcare informatics and patient monitoring to rise at a robust 16.3% CAGR from 2017 to 2025 to attain a value of US$560.9 mn by 2025 from US$124.7 mn in 2015.

Metropolitan and Urban Hospitals and Healthcare Facilities Segment Boosted by Increasing Cardiovascular Diseases

Based on demography, the market for healthcare informatics and patient monitoring in India can be broadly split into metropolitan and urban hospitals and healthcare facilities and rural hospitals and healthcare facilities. Of the two, the metropolitan and urban hospitals and healthcare facilities segment leads the market with a mammoth share. In 2014, the figure stood at a whopping 88.0%. One of the primary reasons for the segment’s dominant position is the growing occurrence of cardiovascular and respiratory diseases. Besides, the rising instances of fatal conditions and rising number of beds in tier 1 and tier 2 cities have also helped the segment garner a leading share in the market.

The other segment of rural hospitals and healthcare facilities is predicted to progress at a healthy clip in the foreseeable future on account of the rising demand for multispecialty hospitals in rural pockets of the country.

Depending upon types, the segment of hospitals accounts for a dominant share in the India market for healthcare informatics and patient monitoring. This is mainly because of the rising number of critically ill patients in India and increasing number of hospital beds.

South India Market Shines due to Availability of Technologically Superior Patient Monitors

Region-wise, the key segments of the India market for healthcare informatics and patient monitoring are North, South, West, and East. Of them, the South India market has progressed the most to account for a dominant position. This is primarily due to the quick adoption of latest medical technologies, better availability of technologically superior patient monitors, and solid support from the government. In 2015, South India accounted for 39.0% share in the overall India market.  Currently, the market in South India is worth US$56.81 mn.

Going forward, the Eastern part of India is also likely to contribute significantly to the market for healthcare informatics and patient monitoring, powered by the highly populated city of Kolkata where a large number of people are said to be ailing from respiratory and cardiovascular diseases.

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

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/