U.S. Markets for Critical Care Patient Management and Monitoring Products to Reach Almost $9 Billion in 2012, According to Medtech Insight.

Business Editors/Health/Medical Writers

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 1, 2004

Medtech Insight LLC, a leading provider of medical technology business information, announced the publication of two new Market & Technology Reports detailing the U.S. markets for critical care patient management and monitoring products. The first of these analyses, entitled "U.S. Markets for Critical Care Patient Management Products," details the markets for drug and fluid delivery, airway management and ventilation, point-of-care blood testing, temperature management, temporary cardiopulmonary support, and blood transfusion products. The second report, entitled "U.S. Markets for Critical Care Patient Monitoring Products," examines the markets for vital signs, neurological, level-of-consciousness and hemodynamic monitoring.

The U.S. market for critical care patient management products used in hospitals was valued at more than $3 billion in 2002, and is forecast to grow at a compound annual rate of 6.8%, reaching an estimated $5.9 billion in 2012. This market includes infusion therapy catheters, pumps and administration sets; adult and pediatric ventilators; manual resuscitators; anesthesia and respiratory masks; laryngeal mask airways; point-of-care blood gas/electrolyte, cardiac marker, coagulation and blood glucose tests; temperature measurement, and ear/tympanic, electronic, liquid crystal/dot matrix, temporal artery, and glass thermometers; hyperthermia and hypothermia management devices; cardiac assist devices; intra-aortic balloon pumps; ventricular assist systems; blood pumps; oxygenators; blood salvage systems; blood substitutes; and plasma volume expanders (see http://www.medtechinsight.com/ReportA340.html). The U.S. critical care patient monitoring products market -- including modular and portable vital sign and telemetric monitoring systems; intracranial pressure and cerebral blood gas and tissue monitoring; and pulmonary artery catheters and noninvasive cardiac output monitoring -- totaled nearly $1.2 billion in 2002, and is expected to reach an estimated $2.8 billion in 2012 (see http://www.medtechinsight.com/ReportA345.html).

Growth in these dynamic markets will be impacted by the movement of treatment to alternate care sites, continuing demand for cost-effectiveness and short lengths-of-stay while at the same time maintaining and enhancing safety, and the anticipated increase in the number of hospital admissions and accompanying surgical procedure volumes during the next decade as the U.S. population ages.

Companies detailed in these reports include: Abbott Laboratories, ALARIS Medical Systems, Arizant, Arrow International, Aspect Medical Systems, CardioDynamics International, C.R. Bard, Baxter International, Becton, Dickinson and Co. (BD), Datascope, Datex-Ohmeda/Instrumentarium, Draeger Medical/Dragerwerk/Siemens, Edwards Lifesciences, GE Medical Systems, Haemonetics, Integra NeuroSciences, I-STAT, Novametrix Medical Systems/Respironics, Philips Medical Systems, Physiometrix, Roche Diagnostics, Somanetics, Sorin Group, Spacelabs Medical, The Laryngeal Mask Company/LMA International, Thoratec, Tyco International, and Welch Allyn, among many others.

Medtech Insight is publisher of the "medtech insight" newsletter, covering the latest trends and innovations in the medical device industry. The company publishes analyses of medical technology markets through its Reports group, holds "Investment In Innovation" conferences several times a year for emerging medical technology companies and potential investors (the next event is being held June 8-9, 2004, at the Palace Hotel in San Francisco; see http://www.medtechinsight.com/in3-11.html for more details), and provides custom market research through its Consulting group. For more information on these new reports as well as introductory price specials and bundled pricing, or the many other published and upcoming Market & Technology Reports from Medtech Insight, please contact Scott Pantel or Frank Leysen at Medtech Insight at [phone], [phone] toll-free in the United States, or by e-mail at [e-mail]. Visit the company's Web site, www.medtechinsight.com, to view tables of contents for published and upcoming reports, and to download a sample issue of the "medtech insight" newsletter.