Vital Signs Monitoring Devices Market Technological Advancement, Competitive Strategies and Forecast to 2025|Growth by Major Eminent Players: Nonin Medical Inc., Masimo Corporation, SunTech Medical, Inc. (a subsidiary of Halma plc), Medtronic plc, General

A research study titled, “Vital Signs Monitoring Devices Market by Product and End User - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the vital signs monitoring devices market is projected to be around $6 billion by 2025.

Vital Signs Monitoring Devices Market: Industry Trend Analysis
The global vital signs monitoring devices market is expected to be around $6 billion by 2025. These devices monitor vital parameters such as heart rate, blood pressure, body temperature and respiratory rate. Vital signs monitoring devices record and provide useful data related to patients’ vital parameters to be used to assess their health status. The market is largely driven by factors such as rising inclination towards home healthcare, increase in geriatric population, and rise in incidence of chronic disorders. Chronic conditions such as high blood pressure can lead to severe consequences such as stroke and heart diseases. According to the June 2016 report by the Centers for Disease Control and Prevention (CDC), nearly 75 million adults in America have high blood pressure, whereas, only half of these people have their condition under control. Such high prevalence of blood pressure will in turn fuel the demand for blood pressure monitoring devices thereby contributing to the market growth. Furthermore, favorable reimbursement scenario for monitoring devices, especially in developed countries is also contributing to the market growth. However, lack of awareness about vital signs monitoring devices in emerging countries can hinder the market growth in coming few years.

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Vital Signs Monitoring Devices Market: Competitive Analysis
The key players operating in the global vital signs monitoring devices market focus on developing new products and expanding their presence in developing economies. For instance, in March 2015, Welch Allyn, one of the leading medical diagnostic devices company, launched the Welch Allyn Connex Spot Monitor that fully automates capturing of vital signs along with wireless data transfer to an electronic medical records (EMR) system. The single device facilitates monitoring of vital sign parameters such as pulse rate and blood pressure measurement, pulse oximetry for assessing respiratory conditions and fast and accurate measurement of temperature.

Some of the leading players in the global vital signs monitoring devices market are, Welch Allyn (a subsidiary of Hill-Rom Holdings, Inc.), Nonin Medical Inc., Masimo Corporation, SunTech Medical, Inc. (a subsidiary of Halma plc), Medtronic plc, General Electric Company, Nihon Kohden Corporation, A&D Company, Limited, Koninklijke Philips N.V., Contec Medical Systems Co., Ltd. and Smiths Group plc.

Market Opportunities
Development of technologically advanced vital signs monitoring devices is expected to open new avenues for future growth. With rising inclination of patients and physicians towards using these devices in hospital as well as home care settings, development of cost effective monitoring devices will enable higher adoption of these devices. Moreover, emerging countries form a lucrative market for these devices where related awareness as well as disposable income is on the rise.

Vital Signs Monitoring Devices Market Segmentation:
By Product:
Blood Pressure Monitoring Devices
• Blood Pressure Instrument Accessories
• Digital BP Monitors
• Ambulatory BP Monitors
• Aneroid BP Monitors

Pulse Oximeters
• Pediatric Pulse Oximeters
• Hand-held Pulse Oximeters
• Fingertip Pulse Oximeters
• Table-top/Bedside Pulse Oximeters
• Wrist-worn Pulse Oximeters

Temperature Monitoring Devices
• Infrared Thermometers
• Temperature Strips
• Digital Thermometers

By End User:
• Home Care Settings
• Hospitals & Clinics
• Ambulatory Surgery Centers (ASCs)

Vital Signs Monitoring Devices Market: Regional Analysis
North America dominated the global vital signs monitoring devices market in 2016 owing to increase in prevalence of chronic diseases, growing awareness regarding cost effectiveness of vital signs monitoring in home care settings and the presence advanced healthcare infrastructure in the region. Asia-Pacific market is expected to witness fastest growth during the forecast period due to the presence of unmet medical needs in the emerging countries and increasing disposable income of the population.

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Key Findings of the Research Study:
• Blood pressure monitoring devices segment accounted for over half of the overall market in 2016, due to rising incidence of chronic diseases such as hypertension and cardiovascular diseases.
• Digital BP monitors segment held over one-third share of the blood pressure monitoring devices market in 2016 whereas the ambulatory BP monitoring segment is expected to witness fastest growth with high single-digit growth rate during the forecast period.
• Digital thermometers segment held a major share of the temperature monitoring devices market in 2016 whereas infrared thermometers segment is expected to exhibit fastest growth with medium single-digit growth rate over the forecast period.
• North America held over two-fifth share of the global vital signs monitoring devices market in 2016 owing to high prevalence of chronic diseases in the region along with the presence of advanced healthcare infrastructure.
• Asia-Pacific market is expected to witness fastest growth during the forecast period owing to increased disposable income of the population along with presence of high unmet medical needs.

Major Table of Contents:
Chapter1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter2. Executive Summary
2.1. Key Highlights
Chapter3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
...
Chapter4. Vital Signs Monitoring Devices Market, By Product
Chapter5. Vital Signs Monitoring Devices Market, By End User
Chapter6. Vital Signs Monitoring Devices Market, By Region
Chapter7. Company Profiles

...CONTINUED FOR TOC

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About Crystal Market Research:
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