Vital signs, such as breathing rate, temperature, heartbeat and blood pressure play an important role in the well-being of an individual. Hence, it is essential to measure, monitor and keep a watch on basic body functioning. Vital signs devices thus play an important role in maintaining health as they monitor various vital parameters. The vital signs monitoring market comprises of services and devices for emergency care and support. The inclination of patients towards treatment at home as opposed to hospitals in order to cut costs is a significant trend witnessed in this market. Moreover, the growing ageing population, rise of at-home monitoring, and growing awareness regarding the cost-effectiveness and convenience offered by vital signs monitoring devices are the factors driving the growth of this market. Globally, increasing awareness and a shifting trend towards protective monitoring are expected to be the key growth drivers for the vital signs monitoring market during the period of study.
Geographically, North America dominated the vital signs monitoring market driven by world class healthcare infrastructure, higher spending, awareness amongst citizens and presence of key industry players in the region. North America was followed by Europe and Asia-Pacific as second and third largest market for vital signs monitoring market. Asia Pacific is projected to have the fastest growth, owing to a rapidly developing medical infrastructure, increasing spending on healthcare and growing medical tourism in developing nations such as China and India in this region.
This report identifies the vital signs monitoring market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to the vital signs monitoring market.
This report segments the vital signs monitoring market on the basis of product type and regional market as follows:
- Vital Signs Monitoring market research report is classified on the basis of product type. Some of the major product types covered in this report are as follows: Blood Pressure Monitoring Device, Pulse-Oximeters Devices, Temperature Monitoring Device and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the vital signs monitoring market. Some of the major companies’ profiles in detail are as follows:
- A&D Medical
- Contec Medical Systems
- Covidien PLC
- GE Healthcare
- Hicks Thermometers (India) Limited