Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Declining Reimbursements and Lower Price Points Challenge the Growth of the North American Cardiac Monitoring - New analysis from Frost & Sullivan, North American Cardiac Monitoring and Diagnostic Services Markets, reveals that revenues in this market totaled $3.48 billion in 2006, and are likely to reach $3.83 billion in 2013
Declining Reimbursements and Lower Price Points Challenge the Growth of the North American Cardiac Monitoring

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2007/08/30 - New analysis from Frost & Sullivan, North American Cardiac Monitoring and Diagnostic Services Markets, reveals that revenues in this market totaled $3.48 billion in 2006, and are likely to reach $3.83 billion in 2013.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Despite the growing prevalence of cardiovascular diseases, North American cardiac monitoring service providers are facing some difficult times due to declining reimbursement levels. All the more, the heightened focus on price to gain a competitive advantage is leading to high price pressures and diminishing revenue potential. Differentiating products on attributes other than price could help market participants stave off these challenges and maintain market position.

New analysis from Frost & Sullivan (patientmonitoring.frost.com), North American Cardiac Monitoring and Diagnostic Services Markets, reveals that revenues in this market totaled $3.48 billion in 2006, and are likely to reach $3.83 billion in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American Cardiac Monitoring and Diagnostic Services Markets, then send an email to Melina Trevino - Corporate Communications at melina.trevino[.]frost.com with the following information: your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information via email upon receipt of the above information.

"With reimbursement taking a big hit in 2007, cardiac monitoring service providers are struggling to maintain positive growth," notes Frost & Sullivan Research Analyst Zachary Bujnoch. "Long-standing growth factors such as prevalence of CVD and ageing populations along with current trends such as increasing demand for ambulatory services could, however, help maintain growth."

Furthermore, wireless systems are fast penetrating the point-of-care market and are to a greater extent driving the ambulatory market. Wireless systems can significantly improve compliance rates as they are less obtrusive than wire-bound devices. Using a wireless device to transmit data back to the data processing center also eliminates many of the restrictions placed on the patient during the monitoring session. These benefits promise to increase overall compliance, and service providers that utilize this capability will have a distinct advantage in addition to persuading more healthcare providers to utilize this form of monitoring.

Nevertheless, the decline in reimbursement for ECG monitoring devices continues to limit revenue potential. Even though the decline has been relatively steady, large drops, like seen this year, further heighten market competition and increase focus on competitive strategies such as price.

"Increased competition in the North American cardiac monitoring and diagnostic services markets has made price a key competitive factor," says Bujnoch. "While price is important, over emphasis on it is detrimental to the market, and can result in the neglect of other essential value adding elements."

Going forward, it will be important for market participants to focus on differentiating factors other than price. These incorporate end-user experience which can be enhanced not only by providing exceptional customer support, but also by implementing other value-added components through direct customer interaction. Some examples of value-added programs include providing support on key issues, such as, physician education concerning products, services, and current reimbursements.

North American Cardiac Monitoring and Diagnostic Services Markets is part of the Patient Monitoring Growth partnership Service program, which also includes research in the following markets: ECG cardiac products, multiparameter patient monitoring, and pulse oximetry. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective, and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Declining Reimbursements and Lower Price Points Challenge the Growth of the North American Cardiac Monitoring

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Melina Trevino 
210.247.2440 melina.trevino[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Medical Services/Equipment Most Recent Related Press Releases:

Sparta Systems Broadens Partnership with TrackWise Implementation Specialist Equality Systems
Thales Launches the Pixium Portable 3543 DR Wifi Enabled Flat Panel Detector
GE Healthcare Showcases Industry-first Technologies and Digital Solutions, Focused on Improving Outcomes, At RSNA 2016
Agfa and LCsys Team Up to Launch ABSOLUT-ID, Their Turnkey Integrated Solution for the Production of High Security ID Cards
ZOLL Technology for Improving CPR Quality to be Showcased at American Heart Association Annual Conference
AccuVein to Exhibit Leading Vein Visualization Technology at American Society for Dermatologic Surgery Annual Meeting
US Biomedical Textiles Transform Implant Device Technology by Aligning to Changes in Patient Preference Finds Frost & Sullivan
Frost & Sullivan Commends Influence Health for Constantly Evolving its Patient Engagement Products to Accelerate Market Transformation
Frost & Sullivan Awards Carestream Top Honors for OnSight 3D Extremity System
Sparta Systems Launches the Next-Generation Cloud Solution Stratas QMS

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today