Vital Signs Monitoring Devices Market is estimated to value at a CAGR of over 9.1% during the forecast period 2022 to 2028.

Growing product innovations, increased insistence of appalling diseases, rising insistence for domestic healthcare services are some crucial factors contributing to the growth of the market.  Furthermore, rising geriatric population, improvements in the reimbursement policies for monitoring devices shall propel the vital signs monitoring devices market growth. According to the CDC, over 65 million adults in the United States are diagnosed with high blood pressure, with over 50% of patients have their blood pressure under control. Vital sign monitoring devices help in recording blood pressures which is crucial for patients with hypertension problems and other cardiovascular diseases, thereby boosting the proliferation of the market. Furthermore, as per the data provided by the Global Health Observatory, 2015, over 65% of deaths recorded were owing to diseases that are non-communicable such as COPD. Moreover, home healthcare services have made advancements over the past few years. Home healthcare provides long term care at lower costs as compared to hospitals. Such a demand for home healthcare shall also help in the proliferation of the market to a certain extent.

Vital Signs Monitoring Devices Market Segmentation:

By Product 

• Blood Pressure Monitors
     o Mercury Blood Pressure Monitors
     o Aneroid Blood Pressure Monitors
     o Digital Blood Pressure Monitor
     o Ambulatory Blood Pressure Monitors
     o Blood Pressure Instrument Accessories
• Pulse Oximeters
     o Table-Top/Bedside Pulse Oximeters
     o Fingertip Pulse Oximeter
     o Hand-Held Pulse Oximeters
     o Wrist-Worn Pulse Oximeters
     o Pediatric Pulse Oximeters
     o Pulse Oximeter Accessories
• Temperature Monitoring Devices
     o Mercury Filled Thermometers
     o Digital Thermometers
     o Infrared Thermometers
     o Liquid Crystal Thermometer
     o Temperature Monitoring Device Accessories
• Others Vital Sign Monitors

By End User

  • Hospitals
  • Physician’s Office
  • Home Healthcare
  • Ambulatory Centers
  • Emergency Centers
  • Other Healthcare Centers

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The market is classified into product, end user and region. The product segment is fragmented into blood pressure monitors, temperature monitors and pulse oximeters. The blood pressure monitors segment is predicted to account for the largest vital signs monitoring devices market share owing to increased incidences of hypertension and rising awareness pertaining to the side effects of high blood pressure. The blood pressure monitors is further diversified into aneroid, mercury-based, ambulatory blood pressure monitoring, digital and accessories. The temperature monitoring devices segment is further divided into mercury filled thermometers, liquid crystal thermometers, digital thermometers and temperature monitoring devices. The end user segment is categorised into hospitals, physician’s office, home healthcare, ambulatory centres, emergency care centres and other healthcare settings. The hospital segment is anticipated to lead the market, and this can be credited to rising patient population, increased disposable income of the general population and the availability of skilled healthcare professionals in hospital settings.

Regional Analysis:

The North America region is estimated to dominate the market and this is mainly due to the rising geriatric population, increased prevalence of interminable diseases, growing preference for wireless devices along with proper coverage policies.

Vital Signs Monitoring Devices Market Sample Video:

Competitive Landscape:                            

The key market players associated are Koninklijke Philips N.V., Medtronic, Nihon Kohden Corporation, GE Healthcare, Masimo, Omron Healthcare, Contec Medical Systems Co. Ltd., A&D Company Ltd., Nonin Medical Inc., SunTech Medical Inc.

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key market trends
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the global vital signs monitoring devices market by product, by end user and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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