According to GlobalData’s medical device pipeline database, 173 Bedside Multiparameter Monitors devices are in various stages of development globally. GlobalData’s report Multiparameter Patient Monitoring provides an overview of the segment’s pipeline landscape and offers detailed analysis of its products. Buy the report here.
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Of these devices, 79 are in active development, while the remaining 94 are in an inactive stage of development. There are 40 products in the early stages of development, and the remaining 39 are in the late stages of development.
A bedside Multiparameter monitor is a combination of devices or processes that collects, transmit and present real time health data for different parameters to professional health care providers. The health statistics or data is captured through set of capturing devices like ECG leads, Pulse Oximeters, Inflatable rubber cuffs for blood pressure measurement etc. which is then electronically transmitted to a data collection device that consists of a software, which translates the binary information into health parameters which is displayed on a monitor. Some Patient monitors are equipped with an alarm which is programmed to send alert in case of an emergency, for example if heart rate drops below or rises above a certain level. One unit refers to One bedside multiparameter monitor.
Innovations in the medical devices sector are linked to the development of new approaches, processes, or technologies for treating, diagnosing, and managing disease in response to demand from healthcare for better patient outcomes and reduce healthcare costs.
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Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Bedside Multiparameter Monitors pipeline devices are all expected to be approved within the next ten years.
Currently, private organizations, public entities and institutions are working on the development of Bedside Multiparameter Monitors devices. Overall, most of these Bedside Multiparameter Monitors pipeline devices are being developed by private entities.
Key players involved in the active development of Bedside Multiparameter Monitors include MS Westfalia, REALTROMINS, Chinese University of Hong Kong, Chinese University of Hong Kong, University of California Los Angeles, Shenzhen Creative Industry, Shenzhen Mindray Bio-Medical Electronics, North Carolina State University, University of Washington and VitalTracer.
For a complete picture of the developmental pipeline for Bedside Multiparameter Monitors devices, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. The Pipeline Products database is a is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
