Vital Signs Monitoring Devices Market Size 2020 | Industry Report, Share, Growth, Trends and Forecast 2020-2025

Press Release:

Global Vital Signs Monitoring Devices Market to Reach US$ 7.6 Billion by 2025, Induced by Rising Prevalence of Chronic Diseases

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Vital Signs Monitoring Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global vital signs monitoring devices market grew at a CAGR of around 6% during 2014-2019. Vital signs monitoring devices refer to various medical equipment used for monitoring a patient's vital signs. This includes blood pressure monitoring devices, pulse oximeters and temperature monitoring devices that are used for observing various vital signs, such as blood pressure, body temperature, pulse rate and respiratory rate. These devices are portable, small-sized, reliable and can be set up in a medical setting, residential complexes and at the site of a medical emergency. They can also be used for monitoring activity and fitness levels for self-health tracking and early diagnosis of medical ailments.

The increasing prevalence of chronic and lifestyle-associated medical ailments across the globe is one of the key factors driving the growth of the market. Furthermore, growing geriatric population and increasing awareness regarding home monitoring devices are also providing a boost to the market growth. As at-home vital signs monitoring devices are cost-effective, easy-to-use and can measure various physiological parameters of the body using multi-parameter patient monitors, it is contributing to their rising demand. Apart from this, the onset of COVID-19 (coronavirus disease) has led to a significant increase in the demand of these devices to determine the patient’s health status, provide them with appropriate care and predict recovery. Additionally, various technological advancements, such as the integration of health monitoring devices with bluetooth, sensors and micro-electric technologies, are also creating a positive outlook for the market. Other factors, including improvements in the healthcare infrastructure and the increasing adoption of wearable healthcare devices, are expected to drive the market further. Looking forward, IMARC Group expects the global vital signs monitoring devices market to continue its moderate growth during the next five years.

Breakup by Product Type:

BP Monitoring Devices
- Aneroid BP Monitors
- Automated BP Monitors
Pulse-Oximeters
- Tabletop/Bedside Pulse-Oximeters
- Fingertip
- Handheld
- Wrist Worn
- Pediatric Pulse-Oximeters
Temperature Monitoring Devices
- Mercury-Filled Thermometers
- Digital Thermometers
- Infrared Thermometers
- Temperature Strips
Others

Breakup by End-User:

Hospitals and Clinics
Ambulatory Surgery Centers (ASCs)
Home Care
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being A&D Company Ltd., Contec Medical Systems Co. Ltd., GE Healthcare, Koninklijke Philips N.V., Masimo, Medtronic, Nihon Kohden Corporation, Nonin Medical Inc., Omron Healthcare Inc., Smiths Group Plc, etc.

Key Questions Answered in This Report:

How has the global vital signs monitoring devices market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global vital signs monitoring devices market?
What is the breakup of the market based on the product type?
hat is the breakup of the market based on the end-user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global vital signs monitoring devices market and who are the key players?
What is the degree of competition in the industry?