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Vital Signs Monitoring Devices Market could be worth US$ 25,617.24 million by 2030,says Premium Market Insights

10-09-2024 03:21 PM CET | Health & Medicine

Press release from: Premium Market Insights

Vital Signs Monitoring Devices Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product (Pulse Oximeters, Blood Pressure Monitors, Temperature Monitoring Devices, and Glucose Monitoring Devices), End User (Hospitals and Clinics, Ambulatory Care Centers, Home Healthcare, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America) The vital signs monitoring devices market is estimated to reach US$ 25,617.24 million in 2022 to US$ 66,824.03 million by 2030; the market is projected to record a CAGR of 12.7% from 2022 to 2030.

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Competitive Landscape: Vital Signs Monitoring Devices Market:
The demand for vital signs monitoring devices surged exponentially during the COVID-19 pandemic. Moreover, there was a sudden increase in Medicare Advantage claims during the COVID-19 pandemic. As per a survey published in Health Affairs in September 2022, claims for remote patient monitoring grew by four times during the COVID-19 pandemic, reaching 19,762 claims in March 2021 from 4,355 claims in March 2020. Remote patient monitoring has replaced conventional methods of monitoring patients' vital signs. The popularity of digital health has led to a rise in home care services, creating tremendous demand for devices such as pulse oximeters, BP monitors, and thermometers in homecare settings. Home healthcare has led to enhanced efficiency and cost-effectiveness in healthcare systems worldwide in the last few years. Similarly, the demand for remote patient monitoring increases with the growing preference for home care settings for the geriatric population and for people with critical conditions who require monitoring post-hospital care.

Koninklijke Philips NV
Medtronic Plc
Nihon Kohden Corp
GE HealthCare Technologies Inc
OMRON Corp
Nonin Medical Inc
SunTech Medical Inc
Masimo Corp
Contec Medical Systems Co Ltd
Baxter International Inc
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Chapter Details of Vital Signs Monitoring Devices Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Vital Signs Monitoring Devices Market Landscape
Part 04: Vital Signs Monitoring Devices Market Sizing
Part 05: Vital Signs Monitoring Devices Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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