Global Vital Signs Monitoring Devices Market 2023-2029
Vital signs monitoring devices are medical devices that are used to measure and monitor a patient's vital signs, including blood pressure, heart rate, respiratory rate, temperature, and oxygen saturation. These devices are commonly used in hospitals, clinics, and other healthcare settings to monitor patients' health and detect any changes or abnormalities. According to the latest estimates, the global vital signs monitoring devices market is set to achieve an incremental growth of USD 4.4 billion, accelerating at a CAGR of almost 6.7% during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global vital signs monitoring devices market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, patient group, end user, and region. The global market for vital signs monitoring devices can be segmented by product: integrated vital sign monitoring devices, standalone vital sign monitoring devices. According to the research, the standalone vital sign monitoring devices segment had the largest share in the global vital signs monitoring devices market. Vital signs monitoring devices market is further segmented by patient group: adult patient group, geriatric patient group, pediatric patient group. In 2022, the geriatric patient group segment made up the largest share of revenue generated by the vital signs monitoring devices market. Based on end user, the vital signs monitoring devices market is segmented into: ambulatory surgery centers (ASCs), home care settings, hospitals and clinics, others. Among these, the hospitals and clinics segment was accounted for the highest revenue generator in 2022. On the basis of region, the vital signs monitoring devices market also can be divided into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. Asia-Pacific captured the largest share of the market in 2022.
Market Segmentation
By product: integrated vital sign monitoring devices, standalone vital sign monitoring devices
By patient group: adult patient group, geriatric patient group, pediatric patient group
By end user: ambulatory surgery centers (ASCs), home care settings, hospitals and clinics, others
By region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America
The report also provides analysis of the key companies of the industry and their detailed company profiles including A&D Company, Limited, Contec Medical Systems Co., Ltd., GE HealthCare Technologies Inc., Halma plc, Hill-Rom Holdings, Inc., Koninklijke Philips N.V., Masimo Corporation, Medtronic plc, Nihon Kohden Corporation, Nonin Medical, Inc., Omron Corporation, OSI Systems, Inc., Smiths Medical, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
To analyze and forecast the market size of the global vital signs monitoring devices market.
To classify and forecast the global vital signs monitoring devices market based on product, patient group, end user, region.
To identify drivers and challenges for the global vital signs monitoring devices market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global vital signs monitoring devices market.
To identify and analyze the profile of leading players operating in the global vital signs monitoring devices market.
Why Choose This Report
Gain a reliable outlook of the global vital signs monitoring devices market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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