It is an innovative and useful quadrant for vendors who wish to analyze the potential growth markets based on parameters like Patient dynamics (Patient pool, epidemiology of disease, preference towards surgeries/alternative therapies) and Macroeconomic indicators (Number of Hospitals and Orthopedic clinics, reimbursement scenario, diagnosis rate, treatment rate and healthcare expenditure).
The market holds a high potential for growth in future due driving factors such as increasing incidences of cardiovascular diseases, favorable government initiatives, and growing contribution of independent organization for growth of this market, and technological advancements in cardiac output monitoring devices. The demand for high-end non-invasive devices is on the rise and is moving in tandem with the increasing need of highly sophisticated technologies, which can offer reliable and quick results. However, factors such as unstable reimbursement policies, and low level of accuracy with invasive cardiac output monitoring devices are expected to restrain the growth of this market.
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Some of the key players operating in this market are;
- Edwards Lifesciences Corporation (U.S.),
- Cheetah Medical (U.S.),
- PULSION Medical Systems SE (Germany),
- Deltex Medical (U.K.),
- LiDCO Group plc (U.K.),
- CNSystem Medizintechnik AG (Austria),
- ICU Medical (U.S.),
- Tensys Medical (U.S.),
- USCOM Ltd (Australia) among other companies.
The report has profiled the leading players of this market along with the developments (New product launches and partnerships, agreements, collaborations, and joint ventures) done by the companies over the past three years and strategies adopted by them to sustain and strengthen their position in the Asia-pacific cardiac output monitoring devices market.
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In this report, the Asia-pacific cardiac output monitoring devices market is broadly classified on the basis of product types which includes: invasive, minimally invasive, and non-invasive cardiac output monitoring devices. By technology the market is segmented into: pressure pulse analysis, Doppler method, and Bioimpedance & Bioreactance. Furthermore, based on the end-users, the market is divided into: hospitals, and ambulatory care.
Geographically the market is further sub segmented into India, China, Japan, Australia, New Zealand, Singapore and rest of Asia-pacific. Japan holds a larger share in the Asia-pacific cardiac output monitoring devices market registering around 31.2% of share 2014, followed by China. The growth of the India market is likely to be driven by factors such as the growing obese population which in turn increases the risk of cardiovascular diseases, and growing corporate agreements between various players in the market.
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