Data Bridge Market Research new Insight’s on “Global Vital Signs Monitoring Market, is projected to reach USD 6206.2 billion by 2024, from USD 3,750.0 billion in 2016, at a CAGR of 6.5% during the forecast period from 2017 to 2024.”
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The market is segmented by Product {Blood Pressure Monitoring (Aneroid BP, Automated BP, Ambulatory BP, Accessories), Pulse Oximeter (Tabletop/Bedside, Fingertip, Handheld, Wrist Worn, Pediatric, Accessories), Temperature Monitoring (Mercury-Filled, Digital, Infrared, Strips, Accessories)} Type (Standalone, Portable) Distribution Channel (Hospital Pharmacy, Pharmacy Stores, Online Websites, Others) End Users (Hospitals & Clinics, Ambulatory Surgery Centers, Home Healthcare, Diagnostic Center, Others) Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
Recent Developments: Global Vital Signs Monitoring Market
According to American Heart Association, cardiovascular disease (CVD) is the leading cause of death globally. It accounts for more than 17.3 million deaths per year and this number is expected to reach more than 23.6 million by 2030. Heart disease is considered to be the leading cause of death in the U.S. it is estimated that around 370,000 Americans die due to heart diseases in a year which accounts for 1 in 7 deaths in the U.S. is due to heart disease.
According to World Health Organization (WHO), globally, every year 17.5 million people die from CVDs of which more than 75 percent of the deaths were due to CVDs in low-income and middle-income countries. Of all the CVD deaths 80 percent deaths are due to heart attack and strokes.
Segmentation: Global Vital Signs Monitoring Market
- The global vital signs monitoring market is segmented based on product, type, distribution channel, end-user, and geography.
- On the basis of product type the vital signs monitoring market is segmented into blood pressure monitoring, pulse oximeter, and temperature monitoring devices.
- Based on distribution channel, the market is segmented into hospital pharmacy, pharmacy stores, online websites, and others.
- On the basis of end-users the market is segmented into hospitals & clinics, ambulatory surgical centers, home healthcare, diagnostic centers, and others.
Geographic Segmentation: Global Vital Signs Monitoring Market
Based on geography, the market is segmented into five geographical regions, North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
Company Share Analysis: Global Vital Signs Monitoring Market
The market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market.
Some of the major players operating in the global vital signs monitoring market are :
- Welch Allyn
- A&D Medical
- CONTEC MEDICAL SYSTEMS CO., LTD.
- Medtronic
- General Electric Company
- Masimo
- ShenzhenMindray Bio-Medical Electronics Co.
- NIHON KOHDEN CORPORATION
- Omron Healthcare, Inc.
- Koninklijke Philips N.V.
- Smiths Medical
- Dragerwerk AG & Co. KGaA
- CAS Medical Systems, Inc.
- Spacelabs Healthcare, Inc.
- Boston Scientific Corporation
- Nonin Medical Inc.
- Natus Medical Incorporated
- Hicks Thermometers India Pvt. Ltd.
- SunTech Medical, Inc.
- Among others.
Other Market Insights:
North America Vital Signs Monitoring Devices Market, latest insights by Data Bridge Market Research says that market is growing at a CAGR of 7.2% in the forecast period 2017 to 2024, expected to reach USD 8.09 billion by 2024
Europe Vital Signs Monitoring Devices Market, latest insights by Data Bridge Market Research says that the new market report contains actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
