The global market for vital signs monitoring is expected to reach USD 5.3 billion by the end of 2020, growing at a CAGR of around 8.1% from 2014 to 2021.
The vital signs are measurements of bodymost basic functions. These include body temperature, pulse rate, respiration rate and blood pressure. Temperature measurement is the recording of core body temperature and varies slightly with age, gender, recent activity and food and fluid consumption. The body temperature can be measured orally, rectally or axillary and is generally measured using a thermometer. The pulse rate indicates the heart rhythm and strength of the pulse. The pulse rate is measured by a pulse oximeter. The respiration rate denotes the number of breaths taken by a person in a minute. The blood pressure is the pressure exerted by the
circulating blood on the walls of the blood vessels and is usually measured using a sphygmomanometer.
Global Vital Signs Monitoring Market-Market Dynamics
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The report details several factors driving and restraining the market. Some of these are listed below.
Some of the factors contributing to the growth of the market are:
Rise in the geriatric population
Rise in the incidence of hospital admissions
Increasing demand for portable monitoring devices
Unresponsiveness of some devices in certain situations and the large number of market players are hampering the growth of the market.
The global vital signs monitoring market is segmented on the basis of type of parameter into body temperature (analog temperature monitoring devices and digital temperature monitoring devices), blood pressure (mercury sphygmomanometer and digital sphygmomanometer), pulse oximeters (tabletop/bedside pulse oximeters, fingertip, handheld, wrist-worn, pediatric pulse oximeters) and on the basis of geography.
North America dominates the vital signs monitoring market, while Asia-Pacific is considered to be one of the upcoming markets in the near future.
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Some of the key players in the market are:
What the Report Offers
Market analysis for the vital signs monitoring market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the market for vital signs monitoring on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Some points from TOC:
1.1 Report Description
1.2 Markets Covered
1.3 Research Methodology
2. Executive Summary
3. Market Overview
3.1 Market Definition
3.2 Market Drivers
3.2.1 Rise in the number of geriatric population
3.2.2 Cost-effective process
3.2.3 Rise in the incidences of hospital admissions
3.2.4 Demand for portable monitoring devices
3.3 Market Restraints
3.3.1 Unresponsiveness of some devices in certain situations
3.3.2 Large number of market players
3.4 Market Opportunities
3.5 Market Threats
4. PorterFive Force Analysis
4.1 Bargaining Power of suppliers
4.2 Bargaining power of buyers
4.3 Degree of competition
4.4 Threat of substitution
4.5 Threat of new entrants
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