Netherlands-based Royal Philips Electronics has launched the Phillips SureSigns VM3, a patient monitoring system designed to meet the growing demand for healthcare equipment in emerging markets such as India, says the company.
The launch is part of a strategy Phillips has engineered to garner a market share of 40% of the Indian patient monitoring equipment market, which it says is estimated to reach $42 million in 2010.
SureSigns VM3 offers ECG, respiration and pulse oximetry in a compact monitor that can be used in various departments throughout the hospital, nursing homes, private practices and rural clinics, as well as ambulances and mobile facilities.
