Global Vital Sign Monitoring Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Vital Sign Monitoring Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Vital Sign Monitoring Devices market size was valued at USD 3092.9 million in 2023 and is forecast to a readjusted size of USD 3945.9 million by 2030 with a CAGR of 3.5% during review period.

Vital Signs Monitors is a special device that is used for keeping track of the vital signs of patient’s health. This patient monitoring equipment is generally used in different hospital departments to monitor patients in their beds. The equipment measures blood pressure, etc. temperature, respiration rate and other data.

As for the new monitors, they are generally equipped with much better ECG filtering, as well as accurate NIBP – non-invasive arterial blood pressure. The integrating parameters enable monitoring on one display that speeds up the clinician’s decision-making process.

Monitoring of vital parameters can include several of the ones mentioned above, and most commonly include at least blood pressure and heart rate, and preferably also pulse oximetry and respiratory rate.

The classification of Vital Signs Monitors includes High-acuity Monitors, Mid-acuity Monitors and Low-acuity Monitors. The revenue proportion of High-acuity Monitors is about 55%, Low-acuity Monitors is the fastest developing department. Europe countries are to improve care in low-acuity wards, as it will allow patients to be moved from expensive high-acuity wards sooner, while still being monitored to ensure they receive any necessary care. This is leading to demand for low-acuity monitors, to ensure all patients are monitored at all times.

Vital Signs Monitors is applied in Hospital and Home Health Care. The most of Vital Signs Monitors is used in Hospital, and the market share is about 68%.

North America is the largest market, with a market share nearly 40%. Europe is the second largest market with a market share of 21%. Asia-Pacific is also an important sales area, especially in China.

The top three players of the global market for Vital Signs Monitors is expected to witness an intense competitive scenario, the top four companies namely Nihon Kohden, GE Healthcare, Philips Healthcare, and Dragerwerk held a share of around 75% in the global Vital Signs Monitors market.

The Global Info Research report includes an overview of the development of the Vital Sign Monitoring Devices industry chain, the market status of Hospital (High-acuity Monitors, Mid-acuity Monitors), Home Health Care (High-acuity Monitors, Mid-acuity Monitors), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Vital Sign Monitoring Devices.

Regionally, the report analyzes the Vital Sign Monitoring Devices markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Vital Sign Monitoring Devices market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Vital Sign Monitoring Devices market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Vital Sign Monitoring Devices industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., High-acuity Monitors, Mid-acuity Monitors).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Vital Sign Monitoring Devices market.

Regional Analysis: The report involves examining the Vital Sign Monitoring Devices market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Vital Sign Monitoring Devices market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Vital Sign Monitoring Devices:

Company Analysis: Report covers individual Vital Sign Monitoring Devices manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Vital Sign Monitoring Devices This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospital, Home Health Care).

Technology Analysis: Report covers specific technologies relevant to Vital Sign Monitoring Devices. It assesses the current state, advancements, and potential future developments in Vital Sign Monitoring Devices areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Vital Sign Monitoring Devices market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Vital Sign Monitoring Devices market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
High-acuity Monitors
Mid-acuity Monitors
Low-acuity Monitors

Market segment by Application
Hospital
Home Health Care

Major players covered
Philips Healthcare
GE Healthcare
Nihon Kohden
Dragerwerk
Mindray
OSI (Spacelabs)
Hill-Rom (Welch Allyn)
Edan
Smiths Medical
Biolight
Schiller
Creative Medical
CAS Medical Systems

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Vital Sign Monitoring Devices product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Vital Sign Monitoring Devices, with price, sales, revenue and global market share of Vital Sign Monitoring Devices from 2019 to 2024.

Chapter 3, the Vital Sign Monitoring Devices competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Vital Sign Monitoring Devices breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Vital Sign Monitoring Devices market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Vital Sign Monitoring Devices.

Chapter 14 and 15, to describe Vital Sign Monitoring Devices sales channel, distributors, customers, research findings and conclusion.