Global Vital Signs Monitoring Market Size, Share, Forecast Report, 2020-2027
Global vital signs monitoring market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 4.4 billion in 2017 and is projected to grow at a CAGR of 7.5% over the forecast period. Vital signs monitoring devices are used for measuring or monitoring the vital signs i.e. blood pressure, temperature, heart rate and respiration rate of a person. These signs are required to be in normal range for a human being to lead a healthy life.
The factors such as growing geriatric population, rising prevalence of chronic diseases and changing lifestyle are expected to propel the growth of the market. However, the high cost of devices and stringent government regulations can hamper the market growth over the forecast period.
Segmentation:
The global vital signs monitoring market has been segmented into product, type, portability, end user and distribution channel. The market, on the basis of product, has been segmented into blood pressure monitoring devices, pulse oximeter, temperature monitoring devices, respiratory rate monitors and others.
The market, by type, has been segmented into integrated systems, non-integrated systems and others.
The market, by portability, has been segmented into standalone and portable. Standalone devices are expected to dominate the global vital signs monitoring market owing to high usage of such devices in hospitals, clinics and ambulatory centers. Portable devices are anticipated to be the fastest growing segment owing to rising preference of such devices in home healthcare settings and convenience of these devices.
The market, by end user, has been segmented into hospitals & clinics, ambulatory centers, home healthcare and others.
The market, by distribution channel, has been segmented into hospital pharmacy, retail pharmacies, online websites and others.
Key players:
Medtronic, Koninklijke Philips N.V., GENERAL ELECTRIC COMPANY, Boston Scientific Corporation, Natus Medical Incorporated, Siemens Healthcare Private Limited, Spacelabs Healthcare, Masimo, Mindray DS USA, Inc., SunTech Medical, Inc., Welch Allyn, Omron Healthcare, Inc., Smiths Medical, Hicks Thermometers India Limited, CASMED and others are some of the key players in the global vital signs monitoring market.
Global Vital Signs Monitoring Market, by Product
Global Vital Signs Monitoring Market, by Type
Global Vital Signs Monitoring Market, by Portability
Global Vital Signs Monitoring Market, by End User
Global Vital Signs Monitoring Market, by Distribution Channel
Global Vital Signs Monitoring Market, by Region
Global Vital Signs Monitoring Market, by Key Players
Cross-segment Market Size and Analysis for
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