Global Vital Signs Monitoring Equipment Market report has market data and information which can answer several marketing problems in different functional areas of marketing such as consumer behaviour, product, sales, distribution channel, pricing, ad and physical distribution. The report provides data on patterns and improvements, and target business sectors and materials, limits and advancements. This report contains a chapter on the global vital signs monitoring equipment market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. With the insights and analysis of XYZ report, marketplace can be kept clearly into focus.
The Global Vital Signs Monitoring Equipment Market is expected to rise from its initial estimated value of USD 4,412.1 million in 2018 to an estimated value of USD 7,085.4 million by 2026 registering a CAGR of 6.1% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and growing demand of non-contact thermometers.
Vital signs are the symptoms of body’s basic function. The vital signs monitoring devices are used to measure the physical health in humans such as body temperature, pulse rate, respiratory rate, and blood pressure. The measurement of vital signs helps in detecting or monitoring medical problems, and can be measured in a medical setting, home, or at the site of medical emergency. It also involves various other additional signs such as pain, urinary continence, gait speed, shortness of breath, end-tidal carbon-dioxide.
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Major Market Drivers:
- Rapidly changing lifestyle and rising incidence of chronic diseases has increased the market growth
- Increasing occurrence of hypertension will act as a major market driver
- Pricing pressure of devices is acting as a major restraint for the market
- Strict regulatory process is also hampering the market
Major Key players profiled in this report are:
Koninklijke Philips N.V., Medtronic, Caretaker Medical LLC, Masimo, Drägerwerk AG & Co. KGaA, Hill-Rom Services Inc., Smiths Group plc, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Nihon Kohden Corporation, General Electric Company, Omron Healthcare, Inc., A&D Company, Limited, Boston Scientific Corporation, CASMED, Halma plc, Nonin, OSI Systems, Inc., HICKS, Contec Medical Systems Co. Ltd, Spacelabs Healthcare and Briggs Healthcare.
Market Segmentation: Global Vital Signs Monitoring Equipment Market
- By Product
- BP monitoring devices
- Aneroid BP monitors
- Automated BP monitors
- Ambulatory BP Monitors
- BP monitor device accessories
- Tabletop/bedside pulse-oximeters
- Wrist worn
- Pediatric pulse-oximeters
- By Type
- Non- integrated system
- Integrated system
- 3 in 1 vital signs monitoring
- 4 in 1 vital signs monitoring
- North America
- South America
- Rest of South America
The global vital signs monitoring equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vital signs monitoring equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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