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Patient Monitors
Market, Supplier, Risk and
Competitive Intelligence

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Abi will answer all Patient Monitors related
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Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Abi will answer all Patient Monitors related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Patient Monitors to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  1. Market Analysis
  2. Industry Analysis
  3. Industry Events
  4. Market Dynamics

Production Size

Global Production Size/ Capacity

10.3 Bn (2020)

CAGR

5.5 percent

Expected Global Production Size/ Capacity

13.8 Bn (2025)

North America

3.9 Bn

Table of Contents

  1. Executive Summary
  2. Market Snapshot
  3. Global Market Outlook
  4. Covid-19 Impact
  1. Market Analysis
  2. Global Market Outlook
  3. Regional Market Outlook (North America, Europe and APAC)
  1. Industry Analysis
  2. Porter’s Five Forces Analysis
  3. Industry Events
  1. Market Dynamics
  2. Market Dynamics
  3. Technology/Developments

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Patient Monitors Global Market Outlook:

MARKET OVERVIEW

  • Global market size – 10.3 Bn (2020)
  • Expected to grow at a CAGR of 5.5 percent to 13.8 Bn by 2025

Porter's Analysis on Patient Monitors

Supplier Power

  • The supplier market for patient monitor is fragmented, with over 100 suppliers present globally with most of them supplying for patient multi-parameter monitor. The market is value based as the devices are expensive
  • Moreover, these suppliers have both the types – portable patient monitor as well as fixed/standalone patient monitor
  • Hence, the supplier power varies from medium to high

Barriers to New Entrants

  • Regulatory Requirements: US-FDA,CE, and ISO 13485 capabilities are key for production of patient monitors
  • The cost associated with this technology and issues related to government regulations and reimbursements are the major barriers for the new entrants
  • Hence, the new entrant power varies from medium to high

Intensity of Rivalry

  • Since January 2020 there have been mergers, product launces, along with collaborations: Capability expansion: Established suppliers have been growing through expanding their manufacturing capabilities (in terms of technology) in the patient monitor category to: (I) expand, enhance its product for incorporating technology (Philips and Masimo Measurement etc.) Philips and BioIntelliSense collaborate to integrate and enhance remote patient monitoring and (II) new product launches along with collaborations offering ClinOne to launch breakthrough continuous patient covid-19 monitoring solution through wearables partnership with BioIntelliSense
  • The above trends leave the intensity of the rivalry as high among suppliers

Threat of Substitutes

  • The multi-parameter patient monitors are highly adopted in healthcare facilities for examination of several parameters
  • Other types or substitutes remains single parameter patient monitors for analysis / examine and are engineered to meet / function specific requirement only
  • Due to the pricing of the product and high adoption of the product the threat of substitute remains medium

Buyer Power

  • Buyer power for healthcare clients varies between medium to high based on type of patient monitor – single/ multiparameter along with fixed or portable device
  • By considering single sourcing for patient monitor there are chances of posses a better negotiation power in terms of value and pricing

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