Patient Monitoring Equipment Market in China-Market Overview 2017

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Patient Monitoring Equipment Market in
China-Market Overview 2017
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Summary
The Chinese market for patient monitoring devices
and equipment includes products that are designed
to measure and observe changes in vital signs, or
the neurological, homodynamic and cardiac
functions of a patient. The devices exist within
almost all areas of hospitals and alternate care
sites and are also used in patient homes. Patient
monitoring devices are also used for diagnosing
patients with certain health complications,
providing alerts and tracking treatments. They
are aimed at effectively, accurately and quickly
obtaining readings that allow healthcare
professionals to make appropriate decisions for
patient care. In many cases, patient monitoring
devices play a key role in influencing treatments
and patient outcomes.
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The most notable patient monitoring devices
include multi-parameter monitoring and pulse
oximetry devices. These devices are essential to
surgeries for monitoring vital parameters from
the heart, blood and lungs. Healthcare
professionals require information on patients
vital signs in order to detect major
complications and intervene in time to prevent
death. As the patient monitoring device and
equipment market evolves to become more
efficient, less costly and more comfortable for
patients and healthcare professionals alike, a
shift from old equipment and technologies to new
technologies is essential. Moreover, as patients
are shifted out of hospitals and into alternate
care sites to save costs, patient monitoring
devices will accompany them. Patient monitoring
is also increasingly becoming more mobile and
prevalent in the home because of various forces
that are driving cost-saving measures and the
adherence to more preventative and
re-admission-averse care models.
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The Chinese market is still undergoing frequent
and drastic changes in terms of regulations,
shaped by efforts to contain the growing
healthcare budget and increase market
transparency. Specifically, in some markets, the
prices are being directly reduced by the
government. For example, it was announced that
pricing for surgical devices is aimed to be
reduced by 15 to 25. Furthermore, the Chinese
healthcare tender system is also directly
controlled by the government, and changes every
two to four years. Therefore, if the Chinese
government suddenly decides to give more tenders
to a local low-cost producer, then the ASP of the
entire market segment will decline accordingly.
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The high-end healthcare market will extend into
lower-tier cities, while main customer groups, on
which key specialties focus, will shift from
middle- to high-end customers. At the same time,
services that integrate medical services with
tourism are also expected to grow. Meanwhile,
with hospital reform, particularly with increased
medical professional mobility, private hospitals
will be able to enter the premium healthcare
segment that previously held high technical
barriers. The full report suite on the China
market for patient monitoring equipment includes
multi-parameter vital signs monitoring, wireless
ambulatory telemetry monitoring, telehealth,
electromyogram monitoring, electroencephalogram
monitoring, fetal and neonatal monitoring, pulse
oximetry, and blood pressure monitoring devices.
Across China, there is an increasing emphasis
placed on patient comfort and mobility across
lower-acuity care settings, wherein gaps in
monitoring are further being filled with portable
solutions.
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Table of Contents
1.CHINA PATIENT MONITORING EQUIPMENT MARKET
OVERVIEW Monitoring Devices Telehealth Market
Drivers Market Limiters 2.COMPETITIVE MARKET
SHARE ANALYSIS Boston Scientific Edwards
Lifesciences GE Healthcare Honeywell Life Sciences
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Full Report
Patient Monitoring Equipment Market in
China-Market Overview 2017
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