Vital sign monitoring is used for measuring heart rate, respiratory rate, temperature, and blood pressure to evaluate physical functioning of the human body. vital sign monitoring devices are routinely used as an integral part of patient monitoring. vital sign monitoring devices provides and records clinically relevant data of the patient’s health with the help of small sensors attached to the body thatcarry the information to the monitor. Increasing incidence of lifestyle-associated chronic diseases is expected to drive the market growth over the forecast period. The vital sign monitor is a valuable tool that provide information to the medical and nursing staff about the physiologic condition of the patient. It typically comprises of a set of modules for real-time measurement of various physiological parameters. These monitors are also known as patient monitors.
A vital sign monitor measures the basic medical indicators of health- temperature, pulse, breathing, and blood pressure. Most monitors can store and record thousands of pieces of information. Many portable types feature a touch screen and a handle, as well as a backup battery supply. They have the name "vital" as their measurement and assessment is the critical first step for any clinical evaluation. The first set of clinical examinations is an evaluation of the vital sign of the patient. Changes in vital sign prior to clinical deterioration are well documented and early detection of preventable outcomes is key to timely intervention. Monitoring vital sign helps nurses to identify when a patient has an elevated heart rate or blood pressure thatindicate dehydration or shock, rapid breathing that indicate respiratory distress, or low blood pressurethat indicate shock.
Market Dynamics
Increasing adoption of organic growth strategies such as product launch by key market players to expand their product portfolio is expected to drive the market growth over the forecast period. For instance, in 2019, Neptune Wellness Solutions Inc., a health and wellness company, launched Neptune Halo, an electronic pulse oximeter device that is a used in the battle against COVID-19.
Key features of the study:
- This report provides in-depth analysis of the global vital sign monitoring devices market and provides market size (US$ million) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global vital sign monitoring devices market based on the following parameters–company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include CAS Medical Systems, Inc., Koninklijke Philips N.V., General Electric Co. (GE), Masimo Corporation, Mindray Medical International Limited, Medtronic, Nihon Kohden Corporation, Smiths Group plc., Dragerwerk AG & Co. KGaA, SunTech Medical, Inc., Welch Allyn, Inc., Spacelabs Healthcare, Inc., Contec Medical Systems Co., Ltd., Iradimed Corporation, and Xenoma.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- Global vital sign monitoring devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vital sign monitoring devices market
Detailed Segmentation:
- Global Vital Sign Monitoring Devices Market By Product Type:
- Low Acuity Monitors
- Mid Acuity Monitors
- High Acuity Monitors
- Liquid Filled Thermometers
- Digital Thermometers
- Infrared Thermometers
- Sphygmomanometers
- Automated Blood Pressure Monitors
- Standalone Pulse Oximeters
- Global Vital Sign Monitoring Devices Market, By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Center
- Home Care Settings
- Global Vital Sign Monitoring Devices Market, By Region:
- North America
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- CAS Medical Systems Inc. *
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Koninklijke Philips N.V.
- General Electric Co. (GE)
- Masimo Corporation
- Mindray Medical International Limited
- Medtronic
- Nihon Kohden Corporation
- Smiths Group plc.
- Dragerwerk AG & Co. KGaA
- Welch Allyn, Inc.
- SunTech Medical Inc.
- Spacelabs Healthcare, Inc.
- Contec Medical Systems Co., Ltd.
- Xenoma
“*” marked represents similar segmentation in other categories in the respective section.