This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Private Healthcare Facilities Strengthen Cardiac Patient Monitoring Devices Market In CEE, Finds Frost & Sullivan

LONDON, Dec. 5, 2012 /PRNewswire/ -- The rising incidence of cardiovascular diseases is increasing the focus of healthcare providers, payers and patients on early diagnosis and prevention. At the same time, the cardiac patient monitoring market in Central and Eastern Europe (CEE) is saturating, and the products themselves are becoming commoditised.

"Nevertheless, the dynamic development of private healthcare facilities in CEE countries is expected to drive the expansion of installed base of cardiac patient monitoring devices," notes Frost & Sullivan Industry Analyst Dominika Grzywinska. "This, in turn, should postpone progressing market saturation."

New analysis from Frost & Sullivan ( http://www.healthcare.frost.com), Central and Eastern European Cardiac Patient Monitoring Market Outlook, finds that the market earned revenues $63.3 million in 2011 and estimates this to reach $83.9 million in 2016. The research covers resting electrocardiogram (ECG), stress ECG, cardiac event recorders, ECG Holter monitors and data management systems (DMS) segments across Bulgaria, the Czech Republic, Hungary, Poland and Romania.

Cardiac patient monitoring devices, especially resting ECG units, are becoming a commodity in the CEE healthcare space. Most healthcare facilities are equipped with such devices, which has resulted in impending market saturation.

This trend is further intensified by limited changes in the technology development arena. With no new solutions that add significant clinical value being launched, the installed base has less growth potential. However, the dynamic development of private healthcare facilities, especially in Bulgaria, Poland and Romania, is generating sizeable demand for new cardiac patient monitoring units.

End user price sensitivity remains a concern. While factors like quality or service are also considered, price is often the main criterion in product selection.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs