Research and Markets (http://www.researchandmarkets.com/research/0905cf/european_patient_m) has announced the addition of Frost & Sullivan's new report "European Patient Monitoring Market Outlook- 2009" to their offering.
This research service examines the European patient monitoring market in terms of the challenges faced by market participants, drivers, and restraints in the industry, the market share analysis, the revenue forecasts, growth rates, as well as future outlook.
This Frost & Sullivan research service titled European Patient Monitoring Market Outlook-2009 provides market drivers and restraints along with strategic recommendations. In this research, Frost & Sullivan's expert analysts thoroughly examine the following market segments: central station monitoring, multi-parameter monitoring, vital signs monitoring, remote patient monitoring, telemetry monitoring, and telemedicine monitoring. The countries covered in this research are France, Germany, Italy, Spain, The United Kingdom, Benelux, and Scandinavia.
Untapped Patient Monitoring Solutions Market in Europe Holds Promising Opportunities
The lucrative patient monitoring solutions have largely remained unexploited in the past. Aging baby boomers and the expansion of the middle-class primarily drive the European patient monitoring market. Baby boomers are leading consumerism in healthcare by being more involved in the decision-making process on their treatment and overall health management. Moreover, the major impetus for physicians, hospitals, and home health organisations to focus on monitoring their patients is cost. "In the last decade, several long-term trends have emerged, which have driven the need for advanced patient care in the intermediate and sub-acute areas of the hospital," says the analyst of this research. "Additionally, the susceptibility and seriousness of illnesses for patients electing to be admitted to a hospital has also increased." The rapid turnover of patients from critical care to sub-acute areas continues to boost the demand for patient monitoring devices in cardiac step-down units, other sub-acute care areas and home care.
12 European Union (EU) countries have made their e-health systems compatible, coming together for the launch of a large-scale healthcare IT pilot project - European patient smart open services (epSOS) - in 2008. The epSOS, supported by the European Commission (EC), aims to create interoperability of national e-health systems. Among the twelve countries that have already signed up for this three year project are: Austria, the Czech Republic, Denmark, France, Germany, Greece, Italy, the Netherlands, Slovakia, Spain, Sweden and the United Kingdom. Standardisation of e-health systems across Europe implies that citizens who fall ill in the member state that is not their own will be able to have a local physician from any EU state access their vital information quickly and accurately.