The global vital
sign monitoring devices market is expected to reach USD 7.1
billion by 2025, according to a new report by Grand View Research, Inc.
Continuous efforts towards new product development, spurring demand for the
home healthcare services, increasing prevalence of chronic diseases and rising
number of healthcare settings are driving factor for the remunerative growth of
the market.
Development of comprehensive vital sign monitors which
can monitor blood pressure, pulse and temperature is notable example of the
development in this sector. Moreover, development of wireless and portable
devices improved patient compliance is focal area of the development for the
vital sign monitoring devices.
The prevalence of chronic diseases is exponential over
the decade, this can be accountable to the sedentary lifestyle, pollution and
stress. As a result, the prevalence of diseases such as diabetes mellitus,
hypertension, allergies and respiratory disorders has increased rapidly. Hence,
government, independent healthcare organizations, and private players are
engaged in creating awareness about to take precautionary and preventive
measures. This increasing awareness has led to increased demand for these
devices in hospital and home use.
Browse full research report on Vital Signs Monitoring Devices Market: www.grandviewresearch.com/industry-analysis/vital-signs-monitoring-market
Further
Key Findings From the Study Suggest:
- Blood pressure monitors held the largest share in product segment
in 2016. This segment is also anticipated to exhibit sturdy growth over
the forecast period.
- Hospitals due to greater patient volumes and greater financing
abilities held commanding share in end-user segment of vitals sign
monitoring devices market.
- On the hand, home healthcare is likely to grow as key end-user for
the vital sign monitoring devices. Home healthcare is cost efficient
option compared to hospitals.
- North America is largest regional market for the vitals sign
monitoring devices market in 2016. However, Asia Pacific owing to policy
reforms, and economic developments is projected to exhibit fastest CAGR
over the forecast period.
- Some of the key players in vital sign monitoring devices market
include 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., and SunTech Medical, Inc.
- New product developments, collaborations, regional expansion, and
mergers are key strategic initiatives undertaken.
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the vital sign monitoring devices market by
product, end-use and region:
Product
Outlook (Revenue, USD Million; 2014 - 2025)
- Blood
Pressure Monitors
- Mercury
Blood Pressure Monitors
- Aneroid
Blood Pressure Monitors
- Digital
Blood Pressure Monitors
- Ambulatory
Blood Pressure Monitors
- Blood
Pressure Instrument Accessories
- Pulse
Oximeters
- Table-Top/Bedside
Pulse Oximeters
- Fingertip
Pulse Oximeters
- Hand-Held
Pulse Oximeters
- Wrist-Worn
Pulse Oximeters
- Pediatric
Pulse Oximeters
- Pulse
Oximeter Accessories
- Temperature
Monitoring Devices
- Mercury
Filled Thermometers
- Digital
Thermometers
- Infrared
Thermometers
- Liquid
Crystal Thermometer
- Temperature
Monitoring Device Accessories
- Other Vital
Sign Monitors
End-Use
Outlook (Revenue, USD Million; 2014 - 2025)
- Hospitals
- Physician’s
Office
- Home
Healthcare
- Ambulatory
Centers
- Emergency
Care Centers
- Other
Healthcare Settings
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
- Saudi Arabia
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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