Selected Clear AllCategory - Medical Devices & Equipment Analyst - Brian Arbuckle Analyst - Chenyu Cui Analyst - Deborah Yang Analyst - Irina Kornilova Analyst - Kelly Patrick
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Ventilator manufacturers continue to focus on patient safety and workflow to help win dollarsMay 24, 2019With the growing trend to focus on the quality of care provided by healthcare institutions, the critical care ventilator market has seen several transitions over the last few years. The ventilator market in developed regions is largely saturated; additionally, with continued focus on reducing healthcare spending, these markets are becoming increasingly price sensitive.
Artificial intelligence: The apple of the monitor’s eye?May 09, 2019Artificial intelligence (AI) continues to be a conversation starter throughout the medical industry. Its utilization to improve healthcare provision and efficiency is welcomed with both excitement and anticipation. As monitoring products collect vital information on patient status, they are heavily involved in providing the data utilized to make informed choices through predictive analysis in the patient care pathway.
Ventilators Report - 2019March 28, 2019This report is the fifth edition of a series of reports by IHS Markit on the ventilators market; the previous edition was published in February 2015.Subscribers Only
Sensors are here to stay: Impact on traditional patient monitorsJanuary 07, 2019Patient care is shifting from curative to preventative care, with investment heavily placed on limiting avoidable adverse events. Patient diagnosis is happening earlier to reduce the impact to the patient, and the subsequent cost to the provider. It is believed that by focusing on monitoring key health indicators, earlier diagnosis will ultimately reduce healthcare expenditure on non-communicable diseases (NCDs), which may have previously gone unnoticed until they required major and costly treatment. Patients are becoming much more involved in the decisions surrounding their own care paths.
MEDICA 2018 Brief – A change is comingDecember 03, 2018IHS Markit recently attended the world’s largest medical trade fair in Dusseldorf, Germany. With an attendance of over 120,000 visitors, the buzz around all things medical was very clear. Attendees ranged from healthcare professionals with a vested interest in learning more about innovative technologies, to dealers looking to establish relationships with new manufacturers.
Patient monitoring: Any signs of a pulse?December 03, 2018There has been a shift change in the patient monitor market, with innovation focused on improving cost efficiency, work-flow, and coverage of patient status. The continual push to monitor a patient status throughout the treatment pathway has increased demand for low-acuity monitoring. This has been further compounded by the increased throughput of patients, in addition to treatment in an ambulatory or outpatient setting. The new IHS Markit ‘Patient Monitors Report – 2018’ outlines the key technological trends in the market, and their subsequent impact on market growth and competitive environment.
Patient Monitors Report - 2018October 08, 2018Identify growth opportunities in the patient monitors segment with unmatched analysis of products and country markets. This report provides the industry’s most comprehensive analysis of the patient monitor and associated disposables and accessories market - including the five-year market forecast for revenues, unit shipments, ASPs and installed base by product and region.Subscribers Only
Cyber security: Baby steps to ensure the healthcare industry NeverCriesMay 24, 2018As the clinical benefits of a digital healthcare system unfold and spread throughout the world, securing healthcare systems and patient information has never been more important, especially in the face of growing cyber-security threats and attacks.
Infusion Pumps & Dedicated Sets Report - 2018April 24, 2018Target new market opportunities with the industry’s most extensive analysis of infusion pumps and dedicated sets. This report provides in-depth global and regional coverage of both the infusion pump and dedicated infusion pump set markets, with a base year and five-year forecast data for revenues, unit shipments and average selling prices (ASPs).Subscribers Only
European Congress of Radiology (ECR) Show Brief - 2018April 23, 2018This file contains an overview of the main highlights and trends from the European Congress of Radiology (ECR) 2018. Including key takeaways and product highlights in the medical imaging market.Subscribers Only
ECR 2018 Brief: AI – what is it? Augmented, adaptive, or artificial?March 27, 2018There was heightened buzz around the topic of AI at the 24th European Congress of Radiology, with many vendors citing the integration of data through AI as the next big trend – but what’s new? AI has been discussed at the show for several years, and each year there is more and more uncertainty around its integration into medical devices.
The future of infusion pump software – can’t speak, won’t speakMarch 27, 2018Healthcare information is everywhere, but it is not always being used to its fullest capacity. There is still a long way to go for fully integrated healthcare across the care continuum. Despite many advances in the use of patient data, there are several medical devices that are behind in the development process.
Changes in ultrasound customer base are increasing demand for direct manufacturer interactionJuly 24, 2017With many trends influencing the growth of the ultrasound market, it is interesting to analyze the subsequent impact on the sales channels customers use to purchase equipment. As with most medical technology, the underlying factor of shrinking healthcare budgets is shaking up the ultrasound equipment product mix. The focus is on providing the best level of care and reducing high-cost procedures through prevention rather than cure; this is changing the way in which healthcare is provided. Not only are healthcare professionals seeking products that improve the return on investment, but also products that can be used in non-traditional applications; ultrasound equipment is now used by a greater variety of professionals than ever before. This is subsequently affecting the demand for user training and for receiving information directly from manufacturers.
Ultrasound Distribution Channel Report - 2017June 08, 2017A brand new report as part of the Ultrasound Intelligence Service, providing insight and analysis of the distribution channels utilized to sell ultrasound equipment.The report analyses the proportion of direct and indirect sales channels for the total ultrasound equipment market, in each country market.Subscribers Only
UK trial of wireless vital signs monitoring – new gimmick, or cost-cutting lifesaver?August 13, 2015With greater buzz around cost containment and clinical efficiency, technology that promises to improve both is gaining traction in the healthcare industry. Significant investment is being made to revolutionise the way in which vital patient data is collected during the patient’s treatment process. With high risks associated with a delay in detecting patient deterioration, focus to ensure that a patient is continuously monitored throughout treatment is increasing.
Digitalization of data & images driving demand for larger screensJune 02, 2015There is no doubt that healthcare IT solutions are a key talking point amongst healthcare providers and physicians alike. In the awakening of the economic decline and the increasing financial burden of healthcare expenditure, purchasers are seeking innovative technology to drive down costs. As the industry shifts towards preventative care, the use of healthcare information technology to aid diagnosis and to improve workflow is increasing.
Standardisation in the clinical medical devices marketMay 20, 2015Cost containment continues to underpin purchasing decisions in the medical device industry, and is increasingly shaping medical device procurement. Manufacturers are developing sales strategies to maximise this opportunity by offering bundling of products to increase cost-effectiveness. This, in turn, further drives market penetration, by allowing the sale of equipment that a healthcare provider may not previously have purchased from them.
High-acuity IT systems gaining priority to provide integrated careMay 12, 2015Healthcare providers are increasingly focusing on smarter ways to provide advanced healthcare while remaining cost efficient. With healthcare budgets highly scrutinized amidst the repercussions of the global economic recession, resources for new product acquisitions are limited, and products today need to show they provide both clinical and cost benefits to purchase. For their part, purchasers are seeking products that enable them to not only remain profitable, but also to make significant cost savings further down the line. As a consequence, there is increasing interest to implement IT software that will streamline the patient pathway and improve financial outcomes.
Clinical care devices need to get smartFebruary 10, 2015The damage brought by avoidable adverse events in the hospital setting is placing increasing strain on the financial resources of health providers—so much so, that new legislation is being implemented to ensure that such events are correctly documented for future reference. In the U.S., reimbursement of treatment cost is withheld from the provider if the treatment is provided due to the occurrence of an adverse event. Providers, therefore, are increasingly aware of the necessity to collect patient data to make sure that hospitals are adhering to reimbursement and reporting requirements.