Original Source: Patient Monitoring Emerging Markets MARKET OVERVIEW Browse in-depth ToC on Patient Monitoring Emerging Markets (BRIC – Brazil, Russia, India and China) 2010 – 2014 Early buyers will receive 10% customization of reports PATIENT MONITORING MARKET – BRAZIL Brazil has the largest medical devices market. PATIENT MONITORING MARKET – RUSSIA Market for patient monitors accounted for $21.3 million in 2009. PATIENT MONITORING MARKET – INDIA Patient monitor market accounts for $94.8 million in 2009. PATIENT MONITORING MARKET – CHINA Mindray is the market leader in the Chinese patient monitoring market, accounting for 42% of the total market. COMPETITIVE LANDSCAPE Major growth strategies followed by the industry players are new product development, mergers and acquisitions and agreements and collaborations. New product developments form 59% of the total strategic developments in the patient monitoring devices market. 1 INTRODUCTION 1.1 KEY TAKE-AWAYS Define and measure the BRIC patient monitoring market with respect to products. 1.2 REPORT DESCRIPTION BRIC patient monitoring market is witnessing substantial growth opportunities due to worldwide aging population, rise in healthcare expenditure and government initiatives to improve healthcare delivery. The BRIC patient monitor market is expected to grow at a CAGR of 10.2% from 2009 to 2014. This report covers and analyzes the market potential of monitoring devices such as patient monitors, vital signs monitor, fetal monitors and central station monitors. It also forecasts, identifies and analyzes market trends, drivers, restraints and opportunities, competitive landscape and strategic developments. 1.3 MARKETS COVERED The report BRIC monitoring devices categorize the market based on patient monitors, vital signs monitor, fetal monitors and central stations. In addition to the market sizes and forecasts, the report identifies and analyzes trends and opportunities for various types of monitors; providing market tables for the submarkets in Brazil, Russia, India and China. 1.4 STAKEHOLDERS Patient monitor manufacturing companies 1.5 RESEARCH METHODOLOGY Market revenues of the company were determined by primary research, which includes interviews with key opinion leaders, CEOs, directors and managers in the industry. Original Source: Patient Monitoring Emerging Markets About: M&M Banking and Financial Services Practice recognize the challenges that financial institutions face while bringing the right products to market. Our reports and consulting practice provides a unique perspective allowing financial institutions to understand and strategize to achieve their product goals. Through a mix of case studies, primary research, and business modeling we provide a 360° view to identify how our clients can create, capture, and retain the value of their products and outthink the competition. Contact:
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Patient Monitoring Emerging Markets (BRIC – Brazil, Russia, India and China) 2010 – 2014
Patient monitors account for 79.1% of the total patient monitoring devices market.
Philips holds 42% of the total patient monitoring market in Brazil.
ANVISA is the regulating authority responsible for the regulation of medical devices and pharmaceuticals in Brazil.
Vital signs monitors are 9% of the total Russia patient monitoring devices market.
GE holds 23% of the total Russia patient monitors market.
Vital signs monitor is expected to grow at a CAGR of 10%.
Philips is the leading player in the Indian patient monitor market, holding 48% of the total market.
China patient monitoring devices market accounted for $155 million in 2009.
The regulatory process for medical devices in China is controlled by State Food & Drug Administration (SFDA)
Analyze market structure by identifying various sub-segments of the BRIC patient monitoring market.
Forecast revenues of the BRIC patient monitoring market and its various submarkets with respect to four main geographies of Brazil, Russia, India and China.
Identify major market trends and factors driving or inhibiting growth of the BRIC patient monitoring market and its various submarkets.
Strategically analyze each submarket with respect to individual growth trends and contribution to the overall BRIC patient monitoring market.
Analyze opportunities for the stakeholders by identifying high-growth segments of the BRIC patient monitoring market.
In-depth profile of key players in the BRIC patient monitoring market, and comprehensively analyze their market shares and core competencies in each segment.
Track and analyze competitive developments such as alliances, joint ventures, mergers and acquisitions in the BRIC patient monitoring market.
Patient monitor device distributors
Healthcare institutions and governing bodies
Various research and consulting firms
Market size of the segments was calculated using the bottom-up approach.
Market information was obtained through secondary research from company websites and news articles.
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New Report Patient Monitoring Emerging Markets (BRIC - Brazil, Russia, India and China) 2010 - 2014 Published by MarketsandMarkets
Original Source: Remote Deposit Capture Market Remote Deposit Capture (RDC) is an easy three-step process of scanning, verifying, and depositing a check. It reduces the time required to deposit checks and simultaneously facilitates savings by eliminating the cost of going to the bank, photocopying checks, purchasing deposit slips, dedicating employees for depositing checks, and many other business activities. Browse in-depth ToC on A New Look at Merchant Remote Deposit Capture Early buyers will receive 10% customization of reports Our research reveals that the money lost by having checks sit around outweigh the costs of merchant RDC. The benefits also include improved cash flow, same day ledger transaction, enhanced customer service, and the convenience of depositing checks in-house. RDC has become a necessity because paper checks still form one of the most popular methods of payment; accounting for around 75% of initial B2B payments. Around 30 billion checks were written in 2006 alone. The conventional process of depositing checks means that a business loses a lot of time and money. As RDC can drastically reduce the time and cost of depositing checks, almost every bank is now offering RDC to cater to new customers as well as to retain existing ones. RDC has shown an impressive growth rate of 70% from 2004 to 2008. The process was initially adopted by banks and financial institutions as branch deposit capture. This was followed by the adoption of the bank’s commercial base wherein the major targeted segment was big businesses where banks held their core deposit and asset base. As banks turned their focus to merchants, they initially targeted small and medium size businesses with annual revenue of $1 million to $25 million. While RDC adoption has lagged behind expectations with 2% in 2007, this market segment is now on the upswing with its current adoption rate at around 30%. Micro business segments with annual revenue of $25,000 to $1 million account for 70% of all printed checks, and promise to be an attractive market if banks can learn how to crack it. Early adoption of large established treasury and cash management customers provided ‘low hanging fruit’ for banks. But these customers represented a small percentage of the bank’s total commercial base. Banks were content with their initial efforts that RDC was available for customers who required the solution. The smaller banks, community banks, and credit unions saw the opportunity missed by the larger FIs and slowly began to enter this market by first becoming a referral bank for their core processor and eventually becoming a processing bank. With the systems in place, banks began focusing on small businesses. As the technology stabilized, the cost dropped and banks could be innovative with the business model, placing RDC with almost any customer. Realizing that one size does not fit all, large banks also launched solutions for small businesses. Banks can benefit by viewing RDC as a means to an end. Electronic payments have increased at an annual growth rate of 12.5%, while the use of checks is declining at a rate of 6.5%. The pot of gold at the end of the rainbow is not how many scanners the banks can deploy; rather, RDC is the first step to expand into other merchant payment solutions. This is an area in which banks wish they could do better. As most banks have realized that one size does not fit all, the development of solution for businesses or merchants with low volume checks or low deposit amounts can create a niche segment for RDC adoption. Thus, innovative product offerings will play a major role in the development of the RDC market. Moreover, the integration of industry participants, i.e., the banks, scanner manufacturers, and application service providers will help them to provide more effective and cost saving solutions. Scope of the report Strategy formulation This section seeks to provide a schematic of the marketplace under study; and to enable the report user to determine their competitiveness and positioning in the market. Through our in-depth understanding of the financial services industry, we size the market, identify the trends and drivers, and develop the right framework for strategy formulation to help users maintain or enhance their market position. Business Model This section seeks to identify the already existing business models; and to optimize these models in order to help FIs enter new and lucrative markets. Vendor Selection This section seeks to profile the companies supporting the market under study. We profile the top vendors and analyze user perspectives to help you make the best decision for your financial institution. Every report includes in-depth reviews of the top vendors. What makes our report unique? A strong heritage of providing cutting-edge research: MarketsandMarkets provides clients with ground breaking marketing research. M&M’s unique research methodology and expert analytical capabilities will provide you the tools to apply the best marketing practices to your Financial Institution. Ensure that your strategy is viable: Our study will help you examine the breadth of possibilities you may encounter when planning future strategies and product launches. It will help you create plans that are resilient enough to meet the full range of unanticipated events. Discover new opportunities: This market research study will forecast the future roles, uses, and acceptances of new products, services, and applications emerging in the marketplace. It will identify opportunities where companies can get a leg up on the competition. Key questions answered Powerful Research and analysis The analysts working with MarketsandMarkets come from renowned publishers and market research firms globally, adding their expertise and domain understanding. We get the facts from over 22,000 news and information sources, a huge database of key industry participants and draw on our relationships with more than 900 market research companies. Original Source: Remote Deposit Capture Market About: M&M Banking and Financial Services Practice recognize the challenges that financial institutions face while bringing the right products to market. Our reports and consulting practice provides a unique perspective allowing financial institutions to understand and strategize to achieve their product goals. Through a mix of case studies, primary research, and business modeling we provide a 360° view to identify how our clients can create, capture, and retain the value of their products and outthink the competition. Contact:
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A New Look at Merchant Remote Deposit Capture
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MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. We publish strategic advisory reports and serve as a business intelligence partner to Fortune 500 companies across the globe. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services.
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Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
Email: sales@marketsandmarkets.com
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