Global Blood Monitoring & Cardiac Monitoring Devices Market Assessment & Forecast: 2015-2019

Published: July 2015

Global Blood Monitoring & Cardiac

Monitoring Devices Market

Assessment & Forecast:

2015-2019

Segments Assessed: [(Blood Pressure (Sphygmomanometer, Automated,

Ambulatory, Accessories), Cholesterol Monitors, Blood Gas Analyzers, Glucose

Monitors (CGM, Test Strips, Meters, Lancets), Cardiac Electrocardiogram (ECG),

Resting & Stress ECG, Holter, Event Monitors, Output, Wearable Heart Rate

Monitors)].

Geographies Assessed: North America, Europe, Asia-Pacific, Latin America,

Middle-East and Africa.

Global Blood Monitoring & Cardiac Monitoring Devices Market Assessment, Forecast (2015-2019)

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About Us

Spearhead Acuity Business Research & Consulting (SA-BRC) is a premium Life Science business

intelligence and data analytics firm. The SA-BRC team offers a wide range of business intelligence

services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals,

Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the

entire value chain of healthcare industry. Our research and consulting capabilities extend across

several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical

Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

Our skills and capabilities help in putting forth the most accurate perspective of the market. We track

all major and minor events that create ripples and affect the life-science market in different ways.

Our data modeling process includes the evaluation of impacting events and analyzing other

invaluable sources (public & proprietary) of information and finally reporting results that will

influence the decision making of the readers.

SA-BRC has helped start-ups and market leaders across the globe achieve their revenue goals

strategically in multiple stages such as adoption, pre-launch research, regional analysis, social media

analytics, competitive mapping, market entry and post marketing surveillance. We frequently build

panels of experts for gathering data and invite participants of the healthcare industry to share their

opinions and views on our reports. Our current network of industry experts span across all major

life-science domains and take pride in keeping ourselves abreast with the latest happenings within

the sphere of Life-Science.

Report:

GLOBAL NON-VASCULAR

STENTS MARKET

2013-2019


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Table of Content

Chapter 1 Preface 7

1.1 Research Scope 7

1.1.1 Market Segmentation 8

1.2 Methodology of Research 9

1.2.1 Companies covered in this report 10

Chapter 2 Précis 11

2.1 Market Inferences 11

Chapter 3 Market Dynamics 12

3.1 Market Drivers 12

3.1.1 Rising incidences of chronic diseases creating demand for better and improved care 12

3.1.2 Increasing demand for non-invasive devices 12

3.1.3 Increasing population opting for self-monitoring devices 12

3.1.4 Ease of use and interpretation of wearable blood & cardiac monitoring devices driving sales 13

3.2 Market Inhibitors 13

3.2.1 Presence of alternatives in hemodynamic and cardiac monitoring refrains the growth 13

3.2.2 Decreasing costs of blood glucose monitoring strips 13

3.3 Opportunities 14

3.3.1 Technological advancement in the ECG monitoring devices 14

3.3.2 High unmet healthcare needs in emerging economies 14

3.3.3 Sizable opportunity in ancillary industry 14

Chapter 4 Blood Monitoring & Cardiac Monitoring Devices – Global

Market Size & Assessment by Product, Forecast: 2015 -

2019 15

4.1 Blood Monitoring Devices Market, US$ Mn (2013 - 2019) 15

4.1.1 Blood Pressure Monitors Market, US$ Mn (2013 - 2019) 15

4.1.1.1 Sphygmomanometers 18

4.1.1.2 Automated Blood Pressure Monitors 18

4.1.1.3 Ambulatory Blood Pressure Monitors 18

4.1.1.4 Accessories 19

4.1.2 Blood Glucose Monitors Market, US$ Mn (2013 - 2019) 19

4.1.2.1 Single Point Blood Glucose Monitors 21

4.1.2.1.1 Blood Glucose Test Strips Market, US$ Mn (2013 - 2019) 21

4.1.2.1.2 Blood Glucose Meters Market, US$ Mn (2013 - 2019) 22

4.1.2.1.3 Lancets Market, US$ Mn (2013 - 2019) 23

4.1.2.2 Continuous Blood Glucose Monitors Market, US$ Mn (2013 - 2019) 24

4.1.3 Pulse Oximetry and Blood Gas Analyzers Market, US$ Mn (2013 – 2019) 26


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4.1.3.1 Pulse Oximeters Market, US$ Mn (2013-2019) 26

4.1.3.2 Blood Gas Analyzers Market, US$ Mn (2013-2019) 27

4.1.4 Blood Cholesterol Monitors Market, US$ Mn (2013 – 2019) 28

4.2 Cardiac Monitoring Devices Market, US$ Mn (2013 - 2019) 30

4.2.1 Electrocardiograph Market, US$ Mn (2013 – 2019) 31

4.2.2 Cardiac Event Recorders Market, US$ Mn (2013 – 2019) 32

4.2.3 Cardiac Output Monitors Market, US$ Mn (2013 – 2019) 33

4.2.4 Cardiac Holter Monitors Market, US$ Mn (2013 – 2019) 35

4.2.5 Wearable Heart Rate Monitors Market, US$ Mn (2013 – 2019) 36

Chapter 5 Blood Monitoring & Cardiac Monitoring Devices – Global

Market Size Assessment, by Geography, Forecast: 2015 -

2019 38

5.1 North America Blood Monitoring & Cardiac Monitoring Devices Market, US$ Mn (2013 - 2019) 38

5.2 Europe Blood Monitoring & Cardiac Monitoring Devices Market, US$ Mn (2013 - 2019) 40

5.3 Asia-Pacific Blood Monitoring & Cardiac Monitoring Devices Market, US$ Mn (2013 - 2019) 42

5.4 Latin America Blood Monitoring & Cardiac Monitoring Devices Market, US$ Mn (2013 - 2019) 43

5.5 Middle-East Blood Monitoring & Cardiac Monitoring Devices Market, US$ Mn (2013 - 2019) 45

5.6 Africa Blood Monitoring & Cardiac Monitoring Devices Market, US$ Mn (2013 - 2019) 46

Chapter 6 Key Players Analysis: Blood Monitoring & Cardiac

Monitoring Devices Market, 2014 (%) 48

6.1 Key Players Market Share: Global Blood Monitoring Devices Market,

2014 (%) 48

6.1.1 Key Players Market Share: Global Blood Pressure Monitoring Devices, 2014 (%) 48

6.1.2 Key Players Market Share: Global Single Point Blood Glucose Monitoring Devices Market, 2014 (%) 49

6.1.3 Key Players Market Share: Global Continuous Glucose Monitoring Devices Market, 2014

(%) 49

6.2 Key Players Market Share: Global Cardiac Monitoring Devices Market, 2014 (%) 50

6.3 Global Blood Monitoring & Cardiac Monitoring Devices Market: Recent Developments 2013-2015 51

6.3.1 Mergers and Acquisitions 51

6.3.2 Joint Ventures, Expansion and Collaborations 51

6.3.3 New Product Launches, Approvals and Recalls 51

Chapter 7 Competitive Landscape & Epilogue 52


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List of Figures

FIG. 1 Market Segmentation: Blood Monitoring & Cardiac Monitoring Devices Market 8

FIG. 2 Research Methodology: Global Blood Monitoring & Cardiac Monitoring Market Assessment 9

FIG. 3 Blood Monitoring & Cardiac Monitoring Devices Market Share, by Geography 2014 & 2019 (% Share - US$ Million) 11

FIG. 4 Global Blood Monitoring Devices Market Share, by Segment 2014 & 2019 (Value %) 15

FIG. 5 Global Blood Pressure Monitors Market, 2013 – 2019 (US$ Millions) 17

FIG. 6 Global Blood Glucose Monitors Market, 2013 – 2019 (US$ Millions) 20

FIG. 7 Global Blood Glucose Monitors Market Share, by Segment 2014 & 2019 (Value %) 20

FIG. 8 Global Blood Glucose Test Strips Market, 2013 – 2019 (US$ Millions) 22

FIG. 9 Global Blood Glucose Meters Market, 2013 – 2019 (US$ Millions) 23

FIG. 10 Global Lancets Market, 2013 – 2019 (US$ Millions) 24

FIG. 11 Global Continuous Glucose Monitors Market, 2013 – 2019 (US$ Millions) 25

FIG. 12 Global Pulse Oximeters Market, 2013 – 2019 (US$ Millions) 26

FIG. 13 Global Blood Gas Analyzers Market, 2013 – 2019 (US$ Millions) 27

FIG. 14 Global Blood Cholesterol Monitors Market, 2013 – 2019 (US$ Millions) 29

FIG. 15 Global Cardiac Monitoring Devices Market Share, 2014 & 2019 (Value %) 30

FIG. 16 Global Electrocardiograph (ECG/EKG) Devices Market, 2013 – 2019 (US$ Millions) 31

FIG. 17 Global Cardiac Event Recorders Market, 2013 – 2019 (US$ Millions) 33

FIG. 18 Global Cardiac Output Monitors Market, 2013 – 2019 (US$ Millions) 34

FIG. 19 Global Cardiac Holter Monitors Market, 2013 – 2019 (US$ Millions) 36

FIG. 20 Global Wearable Heart Rate Monitors Market, 2013 – 2019 (US$ Millions) 37

FIG. 21 Key Players Market Share: Global Blood Pressure Monitoring Devices, 2014 (%) 48

FIG. 22 Key Players Market Share: Global Single Point Blood Glucose Monitoring Devices, 2014 (%) 49

FIG. 23 Key Players Market Share: Global Continuous Blood Glucose Monitoring Devices, 2014 (%) 50

FIG. 24 Key Players Market Share: Global Cardiac Monitoring Devices, 2014 (%) 50


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List of Tables

TABLE 1 List of companies covered in this report 10

TABLE 2 Blood Pressure Monitors Market, by Product Type, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 17

TABLE 3 Global Blood Monitoring & Cardiac Monitoring Devices Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 38

TABLE 4 North America Blood Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 39

TABLE 5 North America Cardiac Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 40

TABLE 6 Europe Blood Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 41

TABLE 7 Europe Cardiac Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 41

TABLE 8 Asia-Pacific Blood Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 42

TABLE 9 Asia-Pacific Cardiac Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 43

TABLE 10 Latin America Blood Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 44

TABLE 11 Latin America Cardiac Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 44

TABLE 12 Middle-East Blood Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 45

TABLE 13 Middle-East Cardiac Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 46

TABLE 14 Africa Blood Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 47

TABLE 15 Africa Cardiac Monitoring Devices Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 47


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Chapter 1 Preface

1.1 Research Scope

Chapter Number Segment Description

Chapter 1:

Preface

Research Scope

The preface provides a brief overview of the flow of the

research report. The overview is further supplemented by a

graphical representation of the segmentation as analyzed

in the report. This is followed by the postulations or

assumptions considered for analysis of different segments.

Research Methodology

Provides the methodology adopted by SA-BRC while

estimating the current and future market in terms of value

and/or volume.

Chapter 2:

Précis Inferences & Summary

The chapter lists down key (quantitative and qualitative)

highlights and takeaways of the market as reported in the

study.

Chapter 3:

Market Dynamics

Drivers, Inhibitors &

Opportunities

Explains the foremost factors that are affecting the growth

trends (positively and negatively) of the Blood Monitoring &

Cardiac Monitoring Devices Market.

Chapter 4:

Product Market Size &

Forecast – Blood

Monitoring & Cardiac

Monitoring Devices

Market Estimations for

Blood Monitoring & Cardiac

Monitoring Devices

Market estimates provided for sphygmomanometers,

automated blood pressure monitors, ambulatory blood

pressure monitors, single point blood glucose monitors,

blood glucose test strips, blood glucose meters, lancets

market, continuous blood glucose monitors, pulse

oximetry, blood gas analyzers, electrocardiograph, cardiac

event recorders, cardiac output monitors, cardiac holter

monitors, wearable heart rate monitors. Estimates market

value with 2013 & 2014 as historical years and forecast of

2015-2019.

Chapter 5:

Geography Market Demographical Analysis

Provides estimates by value for 6 geographies of North

America, Europe, Asia-Pacific, Latin America, Middle-East

and Africa. Estimates with 2013 & 2014 as historical years

and forecast of 2015-2019.

Chapter 6:

Key Players Market

Share Analysis

Market Share (2014),

Recent Developments &

Competitive Strategies

Elaborates the estimated market share of major players,

provides recent developments for the years 2013, 2014 &

2015 and major competitive strategies adopted by

companies in this area based on events for past 5 years.

Chapter 7:

Epilogue

Postscript Qualitative

Overview

Provides postscript content to the report and includes an

informal perspective on the market with the best possible


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outcome by the end of forecast period.

Companies Covered: Qualitative & Quantitative

Analysis

Mortara, GE Healthcare, Philips Healthcare, Omron

Healthcare, Roche, SpaceLabs Healthcare, DexCom,

Dragerwerk AG, Abbott Laboratories, LifeScan (J&J), Welch

Allyn, Bayer Healthcare, Medtronic Inc, Schiller AG, A&D

Medical, etc.

1.1.1 Market Segmentation

FIG. 1 Market Segmentation: Blood Monitoring & Cardiac Monitoring Devices Market

Source: SA-BRC Analysis

Blood Monitoring & Cardiac Monitoring Devices Market

Assessment: Forecast 2015 - 2019

Products Demographic

Blood Monitoring

DevicesNorth America

Europe

Asia-Pacific

Latin America

Middle-East

Africa

Cardiac Monitoring Devices

Blood Pressure

Monitors

Blood Glucose

Monitors

Pulse Oximetry &

Blood Gas Analyzers

Blood Cholesterol

Monitors

Sphygmomanometers

Automated BP Monitors

Ambulatory BP Monitors

Accessories

Single Point Glucose Monitors

Automated BP Monitors

Electrocardiograph (ECG/EKG)

Cardiac Output Monitor

Cardiac Event Recorder

Cardiac HolterMonitors

Wearable Heart Rate Monitors


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1.2 Methodology of Research

FIG. 2 Research Methodology: Global Blood Monitoring & Cardiac Monitoring Market Assessment

Source: SA-BRC Analysis. **Websites mentioned in the above representation are few examples from our exhaustive list of references that

cannot be compiled in entirety

Quantitative

Research

Qualitative

Research

Primary Research Secondary/Desk Research

Online-web (CATI/CAWI/CAPI)

Telephonic and video conference

Interviewee Location: Multiple

respondents from each of 6 geographies

Interviewee Field Exp.: All Interviewees

were c-level, d-level, VP level and senior

management

Target Information: validation of

secondary findings; cross-verification of

other primary interviews

Organization – Hospital Purchase Dept,

CT Manufacturers, Distributors, Resellers

Proprietary third party databases

In-house data repository

Company sites

Annual Reports/ SEC Filings

Investor presentations

Equity & Stock

(Seeking Alpha, Zacks, etc.)

WHO/CDC/NHS/OECD/Globocan

Primary Research Secondary/Desk Research

Online forums/blogs

Online communities/Patient Advocacy

Groups

Online chat with KOLs/experts

Focused Group Discussions

Target Information: Insights on market

trends, market impact factors, marketing

and awareness programs etc.

WHO/CDC/NHS/OECD/Globocan

Medgadget, TechnologyReview.com,

Fiercemedical Devices

European Heart Rhythm Association

Diatribe, DiabetesMine, Mass Device

Wired

Data triangulation was done for the information (quantitative/qualitative) collected through

primary and secondary sources. Analysis also included evaluation of all major macro and

microeconomic factors.

Post data triangulation process, the summary of our study was shared with KOLs and industry

experts to suggest further insights to our analysis as well as validate the overall Blood Monitoring

& Cardiac Monitoring Devices Market.

Key Findings

Market Forecast

Insight Generation

Spearhead-Acuity Team


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1.2.1 Companies covered in this report

TABLE 1 List of companies covered in this report

S.No Company Name S.No Company Name

1 Mortara 2 Abbott Laboratories

3 GE Healthcare 4 LifeScan (J&J)

5 Philips Healthcare 6 Welch Allyn

7 Omron Healthcare 8 Bayer Healthcare

9 Roche 10 Medtronic Inc

11 SpaceLabs Healthcare 12 Schiller AG

13 DexCom 14 A&D Medical

15 Dragerwerk AG


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Chapter 2 Précis

2.1 Market Inferences

Key Highlights and Insights to the global blood monitoring & cardiac monitoring devices market:

The global market for blood monitoring & cardiac monitoring devices was valued at US$

17,770.3 million in 2014 and expected to grow to US$ 24,830.1 million by 2019 at a CAGR

of 6.8% from 2015 to 2019.

The blood glucose monitoring devices segment controlled 64.5% of the market that

translated into revenues of US$ xx million in 2014.

The cardiac output monitors market segment was the fastest growing segment between

2015 and 2019 at a CAGR of xx%.

North America continued to lead market for blood monitoring and cardiac monitoring devices

with a share of xx% in 2014 that translated into revenues worth US$ xx million.

Asia-Pacific is expected to be the fastest growing market with growth rates of xx% between

the years 2015 and 2019.

Omron Healthcare, Roche, LifeScan, Medtronic Inc and GE Healthcare are few of the top

players in this market.

FIG. 3 Blood Monitoring & Cardiac Monitoring Devices Market Share, by Geography 2014 &

2019 (% Share - US$ Million)

Source: Proprietary data sources, KOL opinions, Primary Interviews, SA-BRC Analysis


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Chapter 3 Market Dynamics

3.1 Market Drivers

3.1.1 Rising incidences of chronic diseases creating demand for better and improved care

Chronic conditions such as diabetes, hypertension, obesity, cardiovascular diseases and others pose

a serious threat to a patient‘s health. Lack of adequate healthcare infrastructure is one of the major

reasons for high prevalence and mortality rate due to these chronic diseases. According to the World

Health Organization (WHO) as many as 23.3 million people are expected to die of CVDs

(cardiovascular diseases) globally, by 2030. Moreover, WHO projects that CVDs are to remain the

single leading cause of death. Almost 30 million Americans are diabetics, and it is estimated that

more than 70 million Americans are pre-diabetic. So, demand for devices such as blood glucose

monitoring, bed-side blood pressure monitoring and ECG monitors enabling continuous monitoring

will increase significantly during the forecast period. Furthermore, global incidences of hypertension

and diabetes are on the rise due to changing lifestyle and food habits. It becomes very crucial for

these patients to keep a regular check on the vital body parameters such as blood pressure, blood

glucose level and cardiac functioning. This factor will drive the demand for minimally invasive glucose

monitoring devices, blood pressure cuffs and other pressure monitoring devices and various ECG

machines.

3.1.2 Increasing demand for non-invasive devices

Minimally invasive procedures reduce patient discomfort and patient recovery time. Demand for such

devices is rapidly rising with increasing awareness about them. Also, technological advancement has

led to introduction of non-invasive devices which assure increased patient comfort and less blood

loss. Especially for rising geriatrics and paediatrics patient population, demand for non-invasive

devices will rise globally, providing better and improved healthcare monitoring. The introduction of

non-invasive glucose monitoring and CGM devices are expected to rally in coming years with

significant demand stemming from emerging countries. The goal of manufacturers is to eliminate the

need for needle stick and venipunctures.

3.1.3 Increasing population opting for self-monitoring devices

There has been a noticeable shift of patient care from hospital to homecare. Many patients require

constant health monitoring and prefer the comfort of at-home healthcare monitoring over costly and


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Chapter 4 Blood Monitoring & Cardiac Monitoring Devices –

Global Market Size & Assessment by Product,

Forecast: 2015 - 2019

4.1 Blood Monitoring Devices Market, US$ Mn (2013 - 2019)

The blood monitoring devices market is comprised of four prominent product segments or categories,

namely blood pressure monitors, blood glucose monitors, blood gas analyzers and blood cholesterol

monitors. These devices monitor several parameters of blood such as the amount of blood sugar,

oxygen concentration, pH and blood gas i.e. concentration of hydrogen ions (pH), partial pressure of

carbon dioxide (pCO2) and partial pressure of oxygen (pO2), blood pressure and cholesterol. A

detailed description of the current market scene and future prospects of each of these market

segments from 2013 to 2019 has been provided in this chapter below.

FIG. 4 Global Blood Monitoring Devices Market Share, by Segment 2014 & 2019 (Value %)


4.1.1 Blood Pressure Monitors Market, US$ Mn (2013 - 2019)

Hypertension is a chronic medical condition where the arterial or systemic blood pressure remains

persistently elevated, which is an indicator of underlying cardiovascular disease or malfunction. In a


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FIG. 5 Global Blood Pressure Monitors Market, 2013 – 2019 (US$ Millions)


Some restraints that can hinder the growth of the blood pressure monitoring devices market are

restricted reimbursement policies, stringent regulatory approval processes and increasing demand

for multi-parameter monitoring equipment where temperature, blood pressure, pulse-rate and ECG

monitoring are clubbed together and can be monitored by usage of a single machine. Globally, there

exists a high demand for blood pressure monitoring devices; the North American market is the

largest market followed by the European market due to its relatively large base of hypertensive

patients.

TABLE 2 Blood Pressure Monitors Market, by Product Type, 2013 - 2019 (US$ Mn)

(CAGR: 2015 - 2019)

Region 2013 2014 2015 2016 2017 2018 2019 CAGR

%

Sphygmomano

meters 1,030.2 xx xx xx xx xx xx xx

Automated BP

Monitors xx xx xx xx xx xx xx xx

Ambulatory BP

Monitors xx xx xx xx xx xx xx xx

Accessories xx xx xx xx xx xx xx xx

Total xx xx xx xx xx xx xx xx


Few of the leading companies involved in the manufacturing and distribution of blood pressure

monitors are Abbott Laboratories, Astro-Med, Bayer HealthCare, Boston Scientific, Cardinal Health,


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Disclaimer:

SA-BRC Market Research is an informative Market Research Company with the sole intention of

sharing market related insights. The information provided in our research reports or on sa-brc.com

though collected through authentic sources, analyzed and cross validated through Key Opinion

Leaders (KOLs) in the industry; neither the company nor authors provide any kind of warranty about

the content – both qualitative and quantitative.

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