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  5. > Cardiac Monitoring: Market and Outsourcing Dynamics

Cardiac Monitoring: Market and Outsourcing Dynamics

  • September 2014
  • -
  • Industry Standard Research
  • -
  • 72 pages

The clinical development process is a multibillion dollar industry and cardiac monitoring tests are becoming an integral step towards a drug’s eventual approval. There are a multitude of cardiac monitoring modalities and services – each with its own related equipment and processes.

ISR has identified companies in the cardiac monitoring space, thoroughly examined their service offerings through primary and secondary research, and provided the results in this report as an important step towards understanding the market and the players.

Report Overview

The clinical development process is a multibillion dollar industry and cardiac monitoring tests are becoming an integral step towards a drug’s eventual approval. There are a multitude of cardiac monitoring modalities and services – each with its own related equipment and processes.

ISR has identified companies in the cardiac monitoring space, thoroughly examined their serviceofferings through primary and secondary research, and provided the results in this report as an important step towards understanding the market and the players.

How you can use this report:

This report offers two unique perspectives on the cardiac monitoring service provider market based on the surveys ISR has administered – (1) from the perspective of companies who currently outsource their cardiac monitoring activities and (2) from the actual cardiac monitoring service providers.

Sponsor Companies:

• Compare potential service providers
• Identify which cardiac monitoring companies are most recognizable in the cardiac monitoring

service sector
• Learn how peers use cardiac monitoring service providers
• Understand how industry peers expect the cardiac monitoring market to change in the future

Cardiac Monitoring Service Providers:

• Understand what needs and demands currently exist within the market
• Identify which cardiac monitoring companies are most recognizable in the cardiac monitoring
service sector
• Benchmark your current offerings against your competitors

Table Of Contents

Cardiac Monitoring: Market and Outsourcing Dynamics
Table of Contents

Copyright and usage guidelines ...4
Introduction .5
Differentiating dedicated cardiac monitoring and full-service CROs .6
Report benefits ...7
Report sections ...8
Methodology and sources ...9
Executive summary 10
Business dynamics ...11
Cardiac monitoring services: Current use and expected growth .11
Preference for centralized vs. decentralized approach to reading tests .12
Cardiac monitoring service provider dynamics 13
Provider familiarity ..14
Top attributes of cardiac monitoring service providers - selected by those outsourcing
the service ...15
Likelihood to outsource specific cardiac monitoring services .16
Overview of cardiac monitoring service provider capabilities .17
Overview of company profile results ...18
Study data ..19
Demographics and responsibilities of respondents outsourcing cardiac monitoring activities 20
Type of organization 20
Job titles of respondents .21
Corporate headquarters/Office location .21
Functional areas of responsibility ...22
Level of involvement with cardiac monitoring trials ...23
Familiarity with general cardiac monitoring products and services 23
Cardiac monitoring services ...24
Cardiac monitoring services used in past 12 months ..24
Growth/decline in use of cardiac monitoring services 25
Perspectives on outsourcing from companies that outsource cardiac monitoring activities 26
Perceived value of cardiac monitoring service providers 26
Service provider familiarity ..27
Use of centralized vs. decentralized approach to reading tests ..28
Preference for centralized vs. decentralized approach to reading tests .28
Projected growth/decline in cardiac monitoring studies - 18 month projection ……………..29
Top attributes of cardiac monitoring service providers - selected by those outsourcing cardiac monitoring activities .30
Likelihood to outsource specific cardiac monitoring activities ...31
Percent of cardiac monitoring activities that are outsourced .32
Percent of cardiac monitoring activities to be outsourced - 18 month projection .33
Current use of cardiac monitoring within clinical trials .34
Number of clinical cardiac monitoring trials by phase .35
Number of cardiac monitoring trials by phase - industry only 35
Average number of patients in cardiac monitoring trials by phase .36
Average number of patients in cardiac monitoring trials by phase - industry only .37
Average number of patients in interventional cardiac monitoring trials by phase .37
Average number of patients in interventional cardiac monitoring trials by phase - industry only .38
Cardiac monitoring trials by sponsor company 39
Cardiac monitoring trials by sponsor type 40
Number of interventional cardiac monitoring trials by phase .40
Number of interventional cardiac monitoring trials by phase - industry only .41
Service provider capabilities 42
Capabilities charts 43
Company profiles - Dedicated cardiac monitoring CROs .47
BioClinica ..47
Cardiabase 52
iCardiac .56
Company profiles - Full-service CROs ...60
Biomedical Systems ..60
Quintiles 63
Spaulding Clinical ..70
About Industry Standard Research 74

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