Data Bridge Market Research Updated a new report "Global Vital Signs Monitoring Market is expected to reach USD 6,206.2 million by 2024 from USD 3,750.0 million in 2016, at a CAGR of 6.5% in the forecast period 2017 to 2024"
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Global Vital Signs Monitoring Market, By Product (Blood Pressure Monitoring (Aneroid BP Monitors, Automated BP Monitors, Ambulatory BP Monitors, BP Device Accessories), Pulse Oximeter (Tabletop/Bedside Pulse Oximeter, Fingertip, Handheld, Wrist Worn, Pediatric Pulse Oximeter, Pulse Oximeter Accessories), Temperature Monitoring Devices (Mercury-Filled Thermometers, Digital Thermometers, Infrared Thermometers, Temperature Strips, Temperature Monitoring Devices Accessories), By Type (Standalone, Portable), By Distribution Channel (Hospital Pharmacy, Pharmacy Stores, Online Websites, Others), By End Users (Hospitals & Clinics, Ambulatory Surgery Centers, Home Healthcare, Diagnostic Center, Others), By Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Global Vital Signs Monitoring Market is expected to reach USD 6,206.2 million by 2024 from USD 3,750.0 million in 2016, at a CAGR of 6.5% in the forecast period 2017 to 2024.
The actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
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Global Vital Signs Monitoring Market: Market Segmentation
The global vital signs monitoring market is segmented based on product, type, distribution channel, end-user, and geography.
On the basis of product, the vital sign monitoring market is segmented into blood pressure monitoring, pulse oximeter, and temperature monitoring devices.
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The blood pressure monitoring market is further segmented into automated BP monitors, ambulatory BP monitors, and BP device accessories. The blood pressure device accessories market is sub-segmented into bulb and valve, tubing connectors, AC adapters and cuffs, rechargeable battery, and others.
The pulse oximeter market is further categorized into tabletop/bedside pulse oximeter, fingertip, handheld, wrist worn, pediatric pulse oximeter, and pulse oximeter accessories. The blood pressure device accessories market is sub-segmented into adapter, finger probe, probe ear, flex wrap probe, compatible sensor, and others
The temperature monitoring devices segment is further classified into mercury-filled thermometers, digital thermometers, infrared thermometers, temperature strips, and temperature monitoring devices accessories. The temperature monitoring devices accessories market is sub-segmented into power supply, connectors, pockets/wells, remote indicators, and others.
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On the basis of type, the vital sign monitoring market is segmented into standalone and portable. The portable segment is expected to grow at the highest CAGR in the forecast period 2017 to 2024.
The vital sign monitoring market is also segmented on the basis of distribution channel into hospital pharmacy, pharmacy stores, online websites, and others.
Based on the end users, the vital sign monitoring market is segmented into hospitals & clinics, ambulatory surgical centers, home healthcare, diagnostic centers, and others.
Global Vital Signs Monitoring Market: Geographic Segmentation
Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S.
Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. In 2017, North America is expected to dominate the vital sign monitoring market with around 40.0% market share followed by Europe.
However, the APAC region is expected to grow at the highest rate in the forecast period 2017 to 2024.
Global Vital Signs Monitoring Market: Company Share Analysis
The global vital signs monitoring market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. Some of the major players operating in this market are Welch Allyn, Inc., A&D Medical, Contec Medical Systems, Medtronic, GE Healthcare, Masimo Corporation, Mindray Medical International Limited, Nihon Kohden, Omron Healthcare, Inc., Philips Healthcare, Smiths Medical, Dragerwerk AG & Co.
KGaA, CAS Medical Systems, Inc., Spacelabs Healthcare, Inc., Boston Scientific, Nonin Medical, Natus Medical, Hicks Thermometers (India) Limited, and Suntech Medical, Inc. among others.
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