Global Vital Sign Monitoring Devices Market Growth 2023-2029

Global Vital Sign Monitoring Devices Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Vital Sign Monitoring Devices Industry Forecast” looks at past sales and reviews total world Vital Sign Monitoring Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Vital Sign Monitoring Devices sales for 2023 through 2029. With Vital Sign Monitoring Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vital Sign Monitoring Devices industry.

This Insight Report provides a comprehensive analysis of the global Vital Sign Monitoring Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vital Sign Monitoring Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vital Sign Monitoring Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vital Sign Monitoring Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vital Sign Monitoring Devices.

The global Vital Sign Monitoring Devices market size is projected to grow from US$ 2940.5 million in 2022 to US$ 3827.5 million in 2029; it is expected to grow at a CAGR of 3827.5 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Vital Sign Monitoring Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
High-acuity Monitors
Mid-acuity Monitors
Low-acuity Monitors

Segmentation by application
Hospital
Home Health Care

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Philips Healthcare
GE Healthcare
Nihon Kohden
Dragerwerk
Mindray
OSI (Spacelabs)
Hill-Rom (Welch Allyn)
Edan
Smiths Medical
Biolight
Schiller
Creative Medical
CAS Medical Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vital Sign Monitoring Devices market?

What factors are driving Vital Sign Monitoring Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vital Sign Monitoring Devices market opportunities vary by end market size?

How does Vital Sign Monitoring Devices break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.