Semiconductors in the Patient Monitoring Systems Market to 2016

This report provides key information and analysis on the market opportunities of semiconductors in patient monitoring systems
 
Oct. 5, 2012 - PRLog -- The evolution of medical monitoring devices is spurring on developments in the semiconductor industry, states a new report by business experts GBI Research.

The new report* states that semiconductors form an essential element in many patient monitoring devices, and the pressure is on to better serve individuals with smaller, faster, and more advanced gizmos.

The global population is aging and the prevalence of chronic diseases is growing, so the demand for healthcare services is interminably increasing. As many national healthcare programs attempt to cut expenditure, there is a growing need for reliable and cost-effective technology to provide round-the-clock observation of critically ill patients, and the use of technology could help to alleviate staffing pressures.

Patient monitoring can track an individual’s blood pressure, temperature, oxygen-saturation, or respiration, and can also offer data conversion, processing and controlling. Semiconductors are embedded in patient monitoring devices, and are critically important for the device to operate. The sale of semiconductors therefore increases as the demand for patient monitoring devices climbs. Developments in semiconductor technologies also mean leaps and bounds in progress for patient monitoring abilities.

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Small and portable patient monitoring devices represent an improvement in a patient’s quality of life, as they allow treatment to be conducted in more convenient locations – at home or elsewhere. Semiconductor components are therefore steadily shrinking to meet this need, becoming more compact in order to downsize the monitoring equipment. The miniaturization of patient monitoring devices, obtained through cutting-edge semiconductor technology, opens the possibility of mounting equipment within mobile clinics, ambulances and doctors’ offices. Thin-film capacitors, resistors and substrate technologies, alongside System-in-Package (SiP) IC technology and high-energy batteries can help in this.

GBI Research expects the market for semiconductors in patient monitoring devices to grow at a high rate over the next few years, from $1.8 billion in 2011 to $2.4 billion by 2015. This will be due to their increasing number of applications in various patient monitoring devices, and the growing demand for telehealth monitoring services and wireless devices. The global market is expected to change significantly, with developing countries in Asia-Pacific emerging as a powerful rival to the matured market in North America.

This report provides key information and analysis on the market opportunities of semiconductors in patient monitoring systems. It provides information on industry dynamics, key suppliers, and the sales revenue and sales volume of semiconductors in patient monitoring systems. The report also provides forecasts for semiconductors in patient monitoring systems based on product type, region and end-application until 2016. Market size forecasts until 2016 are provided for discrete semiconductors, ICs, sensors and optoelectronics. The application markets - fetal monitors, MEMs, neonatal monitors, multi-parameter patient monitoring, remote patient monitoring and blood pressure monitors for the semiconductors in patient monitoring systems are also discussed.

This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

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