Vital Signs Monitoring Devices Market Size Advanced Technologies & Growth Opportunities in Global Industry by 2029 by Key Players | Philips , General Electric , Hill-Rom , Spacelabs Healthcare

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The Comprehensive study on Vital Signs Monitoring Devices Market includes historical data as well as share, size, and projection information for the major players, geographies, applications, and product categories for the years 2023 to 2029. The Market study includes comprehensive insights on the competitive environment, description, broad product portfolio of key players, SWOT analysis, and significant business strategy implemented by rivals, revenue, Porters Five Forces Analysis, and sales projections. The report also features an impact analysis of the market dynamics, highlighting the factors currently driving and limiting market growth, and the impact they could have on the short, medium, and long-term outlook. The main goal of the paper is to further illustrate how the latest scenario, the economic slowdown, and war events effect the market for Vital Signs Monitoring Devices.

Vital Signs Monitoring Devices Market is growing at a +8.6% CAGR during the forecast period 2023-2029. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.

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Vital signs are a significant component of patient care. It is used to decide which treatment protocols to follow, confirm feedback on treatments performed and provide critical information needed to make life-saving decisions. The growing rate of chronic disorders such as hypertension, respiratory conditions, and few others across the globe is one of the major factors set to augment the market across the forecast period. Also, the rising prevalence of COVID-19 across the globe has further boosted the demand for these devices such as digital thermometers and pulse oximeters, thereby propelling market growth.

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The Top Key Players profiled in the report:

Philips, General Electric, Hill-Rom, Spacelabs Healthcare, Nihon Kohden Corporation, CAS Medical Systems, Smiths Group plc, Infinium Medical, Mindray Medical International Limited, Biolight, Creative Medical, ContecMedical Systems

Philips launches next-generation vital signs monitor for early patient intervention in general care settings

Philips EarlyVue VS30 vital signs monitor receives 510(k) clearance in the U.S.
Early Warning Scoring, predictive trend analytics and intelligent algorithms help detect patient deterioration earlier to enable timely intervention

Amsterdam, the Netherlands - Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the debut of EarlyVue VS30, a new vital signs monitor, in the U.S. Expanding on Philips' General Care solutions portfolio, Philips EarlyVue VS30 uses automated Early Warning Scoring (EWS) to collect critical vital signs and calculate risk-based alerts that allow clinicians to identify subtle signs of patient deterioration.  With this point-of-care alert capability, clinicians in general care settings can facilitate communication between caregivers for timely intervention and patient care.

GE Healthcare to Acquire Vital Signs, Inc., Expanding GE's Monitoring, Anesthesia and Respiratory Care Offerings

CHALFONT ST. GILES, England & TOTOWA, N.J.--24 July - GE Healthcare, a unit of General Electric Company (NYSE:GE), and Vital Signs, Inc. (NASDAQ:VITL) announced today that they have entered into a definitive merger agreement for GE to acquire Vital Signs. Under the terms of the agreement, shareholders of Vital Signs will receive $74.50 per share in cash for each Vital Signs share they own.

Vital Signs Monitoring Devices Market Segmentation:

The major types of market are:

Traditional Monitoring Devices

Microwave Monitoring Devices

The major applications in the market are:

Hospital Application

Household Application

Based on geography, the global market for Vital Signs Monitoring Devices and Disruptions has been segmented as follows:

North America - USA, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain
South America - Brazil, Colombia, Argentina, Chile
Asia Pacific includes Japan, China, Korea, India and Southeast Asia.

United States Market: Technological up gradations lead the way

The united states. dominates the North American region with a total share of about 90% in 2022 and is projected to continue experiencing high growth. The growth of the vital signs monitoring devices market in this region is driven by rising healthcare expenditure. Moreover, the technological advancements in healthcare IT, owing to the developed healthcare systems, can uphold advanced software solutions.

Canada: Improvement in Healthcare Facilities to Drive the Market

The prevalence of chronic diseases and the high incidence of cardiovascular diseases have aided in the rising demand for proactive monitoring in Canada. The demand for personalized patient care services in the country is the prime driver of vital signs monitoring device sales over the forecast period. The presence of advanced healthcare facilities presents numerous opportunities for the market.

China market: Low cost and high-quality surge the sales

China held a 43% share in the Asia Pacific Excluding Japanvital signs monitoring devices market in 2022. The country reflects a lucrative growth over the globe owing to the low cost of equipment manufacturing with extremely high qualities. Owing to this, Chinese manufacturers are able to scale up their production, and they are the ones who are serving the domestic market.

Japan market: Robotics carrying the market on its shoulders

In 2022, Japan held a 12% share of the global market. Japan has the highest senior population rate, with nearly 30% of its people over the age of 65 years. With a high geriatric population and automated care systems, the care of patients is comprehensive. The integration of software-based solutions into the healthcare environment has affected the growth of the market in Japan. Japan is also recognized as the powerhouse of robotics. In the past year, robotic surgery, coupled with IoT devices, was being launched on a large scale. Thus, manufacturers are embedding robotics in vital signs monitoring devices.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Vital Signs Monitoring Devices

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the Vital Signs Monitoring Devices market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Vital Signs Monitoring Devices

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Strategic Points Covered in Vital Signs Monitoring Devices Market Directory:

To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2025.
To understand the structure of market by identifying its various sub segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the growth trends, future prospects, and their contribution to the total market.
To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents:

Vital Signs Monitoring Devices Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Vital Signs Monitoring Devices Market Analysis by Application
Cost Analysis -Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Vital Signs Monitoring Devices Market Forecast

Some of the key questions scrutinized in the study are:

Which companies are expanding litanies of products with the aim to diversify product portfolio?
Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Vital Signs Monitoring Devices market?
Which companies have expanded their horizons by engaging in long-term societal considerations?
Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?
What are the marketing programs for some of the recent product launches?

Reasons for buying this report:

It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers seven-year assessment of Vital Signs Monitoring Devices Market.
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers regional analysis of Vital Signs Monitoring Devices Market along with business profiles of several stakeholders.
It offers massive data about trending factors that will influence the progress of the Vital Signs Monitoring Devices Market.

In the end, the Vital Signs Monitoring Devices Market report includes investment come analysis and development trend analysis. The present and future opportunities of the fastest growing international industry segments are coated throughout this report. This report additionally presents product specification, manufacturing method, and product cost structure, and price structure.

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