Vital Signs Monitoring Devices Market Growing at a CAGR of 5.8% During the Study Period 2014-2022 | Research Report

Research Beam added report on “Global Vital Signs Monitoring Devices Market Overview, Analysis, Demand, Report, Trends, Growth and Research – Vital Signs Monitoring Devices Market by Product (Blood Pressure Monitoring Devices, Pulse Oximeters and Temperature Monitoring Devices), by End User (Hospitals & Clinics, Ambulatory Surgery Centers, and Home Care Settings) - Global Opportunity Analysis and Industry Forecast, 2014-2022”

Research Beam study says global vital signs monitoring devices market size was $3,694 million in 2015 and is estimated to reach $5,491 million by 2022, growing at a CAGR of 5.8% during the study period, Request Sample Copy @ http://www.researchbeam.com/vital-signs-monitoring-market/request-sample

This market is a subset of the patient monitoring devices market. Factors such as increase in geriatric population, rise in inclination towards home monitoring, and upsurge in incidence rate of chronic diseases, such as cardiovascular disorders and other preexisting health conditions including COPD, are expected to drive the market. Moreover, improved reimbursement scenario for the monitoring devices and rise in ambulatory surgery centers across various countries that use vital signs monitoring devices routinely have fueled the vital signs monitoring market growth. However, lack of awareness about these devices in the low- and middle-income countries hamper the growth of vital signs monitoring devices market.

Vital signs are used to measure the physical health in humans such as body temperature, pulse rate, respiratory rate, and blood pressure. The measurement of vital signs helps detect or monitor medical problems, and can be measured in a medical setting, home, or at the site of medical emergency.

Hypertension, a serious chronic disease, is one of the leading causes of death. As per the Centers for Disease Control and Prevention, about 70 million American adults suffer from high blood pressure, of which the conditions of only 52% of the people with high blood pressure are under control. Thus, continuous monitoring and recording of blood pressure is crucial for curtailing the chances of cardiovascular diseases and risk factors. Therefore, increase in prevalence of hypertension and other cardiovascular diseases is expected to impact the demand for blood pressure monitoring devices for the treatment of high blood pressure.

Asia-Pacific possesses high market potential for blood pressure monitoring devices, owing to the rise in incidence of hypertension, increase in healthcare expenditure, and better focus on the development of cost-effective blood pressure monitoring devices. As per “Australian heart disease statistics 2014,” one in five Australians have high blood pressure, and the prevalence rate being higher in men than women. Moreover, as projected by the Australian Bureau of Statistics, the geriatric population will increase three-folds from 2.8 million in 2007 to 7.5 million by 2050, thereby increasing the risk of aged people to develop cardiovascular disorder. According to CADI (Coronary Artery Disease among Asian Indians) Research, the situation is more critical in India, where the number of people with hypertension is projected to increase from 118 million in 2000 to 214 million in 2025. Therefore, the aforementioned factors will upsurge the demand for blood pressure monitoring devices in the region.

Key Benefits of the Report
The study provides an in-depth analysis of the global vital signs monitoring devices market, with current trends and future estimations, to elucidate the imminent investment pockets.
Quantitative analysis from 2014 to 2022 is expected to enable the stakeholders to capitalize on prevailing market opportunities.
The report provides actual historical figures for 2014 and Year-on-Year forecasts from 2016 to 2022, considering 2015 as base.
Competitive intelligence highlights the business practices followed by leading players across various regions.
Comprehensive analysis of all geographic regions is provided to determine the prevailing opportunities in these geographies.
Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the vital signs monitoring industry.

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