Global Vital Signs Monitoring Market Shows Growth Potential as Convenient and Cost-effective Options Emerge

Transparency Market Research has compiled a vast amount of data on the biotechnology industry from a global as well as regional perspective. One of the more critical reports in this field is “Vital Signs Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” from which a user could gain core knowledge of the market in order to gain a firmer standing in it.

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A living being’s vital signs include the measurement of body temperature, blood pressure, respiratory rate, and heart rate. In some cases, the monitoring of vital signs can even include end-tidal carbon dioxide rate, shortness of breath, gait speed, urinary continence, and physical pain. The primary precursor to measuring any vital sign is age, as these measurements are always changing with reference to a patient’s age. Vital signs monitoring serves a dual purpose of maintaining the healing rate of a patient, while also providing an important step anticipating complications.

The primary driver of the global vital signs monitoring market is the growing awareness among patients about the modern options offered in this market. A large number of vital signs monitoring devices today are not only portable, but also provide a cost-effective way to measure an individual’s overall well-being. The global vital signs monitoring market is further boosted by the increasing interest shown by government bodies in the form of favorable reimbursement policies. This factor applies more to developed economies, whereas developing economies are also showing a fast growth rate due to a rapid rise in healthcare infrastructure in recent years.

The global vital signs monitoring market is primarily segmented through device type into temperature monitoring devices, pulse oximeters, and blood pressure monitoring devices.

A key aspect of the global vital signs monitoring market is multimodal monitoring, which allows for the measurement and display of multiple vitals simultaneously. It also allows for a constant rate of monitoring for a patient and provides a direct link between the vital signs measurements and the trained medical staff.

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Geographically, the global vital signs monitoring market has consistently been dominated by North America, owing to the region’s relatively advanced medical industry, along with the higher percentage of the geriatric demographic. This region benefits more from the increasing demand from patients for home monitoring devices. Asia Pacific and Latin America are taking major leaps in improving their healthcare infrastructure and will therefore provide a large scope of growth for the global vital signs monitoring market in the coming years.

Key players in the global vital signs monitoring market are Welch Allyn, Inc., Suntech Medical, Inc., Spacelabs Healthcare, Inc., Philips Healthcare, Omron Healthcare, Inc., Nihon Kohden, Mindray Medical International Limited, Masimo Corporation, GE Healthcare, Covidien PLC, Contec Medical Systems, and A&D Medical.

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