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Vital Signs Monitoring Device Trends and Forecast
The future of the global vital signs monitoring device market looks promising with opportunities in the hospital, physician’s office, home healthcare, ambulatory center, and emergency care center markets. The global vital signs monitoring device market is expected to reach an estimated $8.4 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing number of healthcare facilities, mostly hospitals, rising demand for home health services, and rising rates of chronic illnesses globally.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Vital Signs Monitoring Device by Segment
The study includes a forecast for the global vital signs monitoring device by product, end use, and region.
Vital Signs Monitoring Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Temperature Monitoring Devices
• Pulse Oximeters
• Blood Pressure Monitors
• Others
Vital Signs Monitoring Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Physician’S Office
• Home Healthcare
• Ambulatory Centers
• Emergency Care Centers
• Others
Vital Signs Monitoring Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Vital Signs Monitoring Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vital signs monitoring device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vital signs monitoring device companies profiled in this report include-
• Koninklijke Philips
• Medtronic
• Nihon Kohden
• GE Healthcare
• Masimo
• Omron Healthcare
• Contec Medical Systems
• A&D Company
• Nonin Medical
• SunTech Medical
Vital Signs Monitoring Device Market Insights
Lucintel forecasts that blood pressure monitor will remain the largest segment over the forecast period due to the increased blood pressure monitoring as a result of hypertensionÄX%$%Xs sharp rise in prevalence, as well as, the patients are monitoring their blood pressure as a preventive or precautionary strategy owing to increased awareness.
North America will remain the largest region over the forecast period due to the expanding aging population, the development of endless disorders, and the growing desire in remote and wireless gadgets, together with simplified coverage policies, are all factors to consider.
Features of the Global Vital Signs Monitoring Device Market
Market Size Estimates: Vital signs monitoring device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Vital signs monitoring device market size by product, end use, and region in terms of value ($B).
Regional Analysis: Vital signs monitoring device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, end use, and regions for the vital signs monitoring device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vital signs monitoring device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the vital signs monitoring device market size?
Answer: The global vital signs monitoring device market is expected to reach an estimated $8.4 billion by 2030.
Q2. What is the growth forecast for vital signs monitoring device market?
Answer: The global vital signs monitoring device market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vital signs monitoring device market?
Answer: The major drivers for this market are growing number of healthcare facilities, mostly hospitals, rising demand for home health services, and rising rates of chronic illnesses globally.
Q4. What are the major segments for vital signs monitoring device market?
Answer: The future of the global vital signs monitoring device market looks promising with opportunities in the hospital, physician’s office, home healthcare, ambulatory center, and emergency care center markets.
Q5. Who are the key vital signs monitoring device market companies?
Answer: Some of the key vital signs monitoring device companies are as follows:
• Koninklijke Philips
• Medtronic
• Nihon Kohden
• GE Healthcare
• Masimo
• Omron Healthcare
• Contec Medical Systems
• A&D Company
• Nonin Medical
• SunTech Medical
Q6. Which vital signs monitoring device market segment will be the largest in future?
Answer: Lucintel forecasts that blood pressure monitor will remain the largest segment over the forecast period due to the increased blood pressure monitoring as a result of hypertensionÄX%$%Xs sharp rise in prevalence, as well as, the patients are monitoring their blood pressure as a preventive or precautionary strategy owing to increased awareness.
Q7. In vital signs monitoring device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the expanding aging population, the development of endless disorders, and the growing desire in remote and wireless gadgets, together with simplified coverage policies, are all factors to consider.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vital signs monitoring device market by product (temperature monitoring devices, pulse oximeters, blood pressure monitors, and others), end use (hospitals, physician’s office, home healthcare, ambulatory centers, emergency care centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Vital Signs Monitoring Device Market, Vital Signs Monitoring Device Market Size, Vital Signs Monitoring Device Market Growth, Vital Signs Monitoring Device Market Analysis, Vital Signs Monitoring Device Market Report, Vital Signs Monitoring Device Market Share, Vital Signs Monitoring Device Market Trends, Vital Signs Monitoring Device Market Forecast, Vital Signs Monitoring Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Vital Signs Monitoring Device Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Vital Signs Monitoring Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Vital Signs Monitoring Device Market by Product
3.3.1: Temperature Monitoring Devices
3.3.2: Pulse Oximeters
3.3.3: Blood Pressure Monitors
3.3.4: Others
3.4: Global Vital Signs Monitoring Device Market by End Use
3.4.1: Hospitals
3.4.2: Physician’s Office
3.4.3: Home Healthcare
3.4.4: Ambulatory Centers
3.4.5: Emergency Care Centers
3.4.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Vital Signs Monitoring Device Market by Region
4.2: North American Vital Signs Monitoring Device Market
4.2.2: North American Vital Signs Monitoring Device Market by End Use: Hospitals, Physician’s Office, Home Healthcare, Ambulatory Centers, Emergency Care Centers, and Others
4.3: European Vital Signs Monitoring Device Market
4.3.1: European Vital Signs Monitoring Device Market by Product: Temperature Monitoring Devices, Pulse Oximeters, Blood Pressure Monitors, and Others
4.3.2: European Vital Signs Monitoring Device Market by End Use: Hospitals, Physician’s Office, Home Healthcare, Ambulatory Centers, Emergency Care Centers, and Others
4.4: APAC Vital Signs Monitoring Device Market
4.4.1: APAC Vital Signs Monitoring Device Market by Product: Temperature Monitoring Devices, Pulse Oximeters, Blood Pressure Monitors, and Others
4.4.2: APAC Vital Signs Monitoring Device Market by End Use: Hospitals, Physician’s Office, Home Healthcare, Ambulatory Centers, Emergency Care Centers, and Others
4.5: ROW Vital Signs Monitoring Device Market
4.5.1: ROW Vital Signs Monitoring Device Market by Product: Temperature Monitoring Devices, Pulse Oximeters, Blood Pressure Monitors, and Others
4.5.2: ROW Vital Signs Monitoring Device Market by End Use: Hospitals, Physician’s Office, Home Healthcare, Ambulatory Centers, Emergency Care Centers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Vital Signs Monitoring Device Market by Product
6.1.2: Growth Opportunities for the Global Vital Signs Monitoring Device Market by End Use
6.1.3: Growth Opportunities for the Global Vital Signs Monitoring Device Market by Region
6.2: Emerging Trends in the Global Vital Signs Monitoring Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Vital Signs Monitoring Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Vital Signs Monitoring Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Koninklijke Philips
7.2: Medtronic
7.3: Nihon Kohden
7.4: GE Healthcare
7.5: Masimo
7.6: Omron Healthcare
7.7: Contec Medical Systems
7.8: A&D Company
7.9: Nonin Medical
7.10: SunTech Medical
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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