Vital Signs Monitoring Devices Market 2021-26: Global Size, Share & Outlook
The global vital signs monitoring devices market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.6% during 2021-2026, according to the latest report by IMARC Group.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Vital signs monitoring devices are used for checking and observing patient’s blood pressure, body temperature, pulse rate, and respiratory rate. They primarily include blood pressure equipment, temperature monitoring devices, pulse oximeters, etc. These monitoring devices are portable, compact, steadfast, and compatible with emergency medical settings at residential complexes and ambulatory facilities. Vital signs monitoring devices can also be used to monitor activity and fitness levels for self-health tracking and early disease diagnosis.
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Market Trends:
The rising incidences of chronic diseases, along with the increasing geriatric population, are augmenting the demand for vital signs monitoring devices. Moreover, home monitoring devices, such as multi-parameter patient monitors, offer cost-effectiveness and convenience for measuring physiological parameters of the body. Furthermore, the COVID-19 (coronavirus disease) outbreak has also increased the demand for these devices significantly for evaluating the patient’s health status, providing appropriate care, and predicting recovery. Additionally, several technological developments have led to the integration of Bluetooth sensors and micro-electric technologies with health monitoring devices. Rising healthcare infrastructure development, coupled with the increasing penetration of wearable healthcare devices, is anticipated to drive the vital signs monitoring device market.
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The report has segmented the market on the basis of product type, end-user and geography.
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 Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & 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 highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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