According to GlobalData’s medical device pipeline database, 201 Multiparameter Patient Monitoring 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.
Of these devices, 108 are in active development, while the remaining 93 are in an inactive stage of development. There are 53 products in the early stages of development, and the remaining 55 are in the late stages of development.
Patient monitoring market includes blood pressure monitors, fetal monitors, micro-electromechanical sensors, multiparameter patient monitoring, neonatal monitors, patient monitoring accessories, and remote patient monitoring. Multiparameter patient monitoring includes devices used for continuous monitoring of physiological and vital parameters such as, temperature, blood pressure (BP), oxygen saturation in blood (SpO2), respiration rate (RR) and capnography (CO2) in patients on a continuous basis. These types of monitors are used in the emergency settings, operation theatres (OT), intensive care units (ICU) and physician’s clinics. This category includes high acuity monitors, mid acuity monitors, low acuity monitors and multiparameter central stations. This category includes the monitors only and the accessories associated with monitoring are not tracked under it.
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.
Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Multiparameter Patient Monitoring 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 Multiparameter Patient Monitoring devices. Overall, most of these Multiparameter Patient Monitoring pipeline devices are being developed by private entities.
Key players involved in the active development of Multiparameter Patient Monitoring include MS Westfalia, University of California San Diego, Massachusetts Institute of Technology, REALTROMINS, Chinese University of Hong Kong, Chinese University of Hong Kong, Georgia Institute of Technology, ImpediMed, California Institute of Technology and CardieX.
For a complete picture of the developmental pipeline for Multiparameter Patient Monitoring devices, buy the report here.
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