The U.S. patient monitoring market was valued at over $3.5 billion in 2013 and is expected to reach $5.1 billion by 2020, according to a new report by iData Research. The growth of the market is most notable due to the expansion of multi-parameter vital sign monitors, electroencephalograms (EEG), electromyograms (EMG), cerebral oximeters and, pulse oximetry devices. The Pulse oximetry monitoring market alone is expected to exceed $1.0 billion by 2020. Key companies leading the growth in the U.S. patient monitoring market are
1. Biotronik
BIOTRONIK operates in more than 100 countries around the world, offering products and services essential to the lives of people living with cardiac conditions. BIOTRONIK employ more than 5,600 employees who undertake tenacious research and development and meticulous manufacturing to meet this huge responsibility.
2. Bosch Healthcare
Bosch Healthcare is the market leader in evidenced-based telehealth solutions. Bosch Healthcare offers a broad portfolio of products, systems and services that empower patients with chronic conditions to better understand and self-manage their conditions.
3. Boston Scientific
Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices.
4. Honeywell
Honeywell’s advanced telehealth systems can be easily used where patients live, work and play allowing them to lead productive, uninterrupted lives. HomMed LifeStream solutions also provide clinicians with easy and efficient monitoring backed by excellent support and industry-leading expertise. The result is better patient care along with improved clinical and financial outcomes.
5. Medtronic
Medtronic, Inc., headquartered in Minneapolis, Minnesota USA is the global leader in medical technology – alleviating pain, restoring health and extending life for millions of people around the world.
6. Philips Healthcare
Philips Healthcare is committed to providing meaningful innovations that improve the quality of care, enhance patients’ lives and enable the delivery of better outcomes at lower cost. We operate in four main business areas: Diagnostic Imaging Systems; Patient Care and Clinical Informatics; Customer Services; and Home Healthcare.
7. St. Jude Medical
St. Jude Medical develops medical technology and services that focus on putting more control into the hands of those who treat cardiac, neurological and chronic pain patients worldwide.
