Vital Sign Monitoring Devices Market Summit to Showcase New Innovations from Leading Manufacturing and Industry Experts 2028 | CAS Medical Systems, Inc., Koninklijke Philips N.V

Overview:

A vital signs monitor measures the basic medical indicators of health such as temperature, pulse, and blood pressure. The most commonly used vital sign monitors are pulse oximeters and are available in bedside, table-top, fingertip, wrist-worn, hand-held, and pediatric types. There is an increasing demand for fingertip pulse oximeters because these devices are portable and offer more patient compliance.

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Drivers:

Introduction of wearable, integrated, and advanced vital sign monitoring devices is expected to augment growth of the global vital sign monitoring devices market. For instance, in January 2020, Withings announced the launch of ScanWatch, which has a built-in SpO2 sensor and ECG (electrocardiogram) to measure oxygen saturation levels.

Restraints:

Low doctor-to-patient ratio in emerging economies and increasing adoption of manual vital sign monitoring devices is expected to hamper the growth of the global vital signs monitoring devices market over the forecast period. For instance, as per the Competition Commission of South Africa’s findings, the estimated average of doctors per 1,000 patients in the private sector between 2010 and 2014 was 1.75.

Market Trends:

Increasing adoption of video-based vital signs monitoring is expected to boost the growth of the global vital sign monitoring devices market. For instance, Binah.ai launched its contactless, video-based vital signs monitoring application in January 2020.

Moreover, market players are focusing on raising funds to increase their market presence. For instance, in July 2018, Current Health announced it has raised $ 8 million in Series A funding.

Key Takeaways:

The Hospitals segment is expected to witness robust growth in the global vital signs monitoring devices market due to the well-established healthcare infrastructure in developing economies. In 2019, the Hospitals segment was valued at US$ 3,016.2 million and is expected to reach US$ 6,442.3 million by 2027 at a CAGR of 9.7% over the forecast period.

Moreover, the Digital thermometers segment is expected to witness robust growth in the global vital signs monitoring devices market due to the high prevalence of chronic and acute diseases and frequent product launches.

Competitive Landscape:

Key players active in the global vital signs monitoring devices market are Xenoma, Iradimed Corporation, Spacelabs Healthcare, Inc., Welch Allyn, Inc., SunTech Medical, Dragerwerk AG & Co. KGaA, Smiths Group plc., Nihon Kohden Corporation, Medtronic, General Electric Co. (GE), Koninklijke Philips N.V., Masimo Corporation, CAS Medical Systems, Contec Medical Systems Co., Ltd., and Mindray Medical International Limited, among others.

Key Developments:

In February 2019, Spirosure Inc. received the Food and Drug Administration (FDA) approval for its patent-protected Fenom Pro Asthma Monitor to measure the fraction of exhaled nitric oxide (FeNO) in patients’ breath.

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Moreover, in December 2018, Iradimed Corporation received FDA approval for its 3883 MRI-compatible invasive blood pressure module for use with its 3880 MRI compatible patient vital signs monitoring system.

Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Vital Sign Monitoring Devices Market Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Vital Sign Monitoring Devices Market Industry Impact

Chapter 2 Global Vital Sign Monitoring Devices Market Competition by Types, Applications, and Top Regions and Countries
2.1 Global Vital Sign Monitoring Devices Market (Volume and Value) by Type
2.3 Global Vital Sign Monitoring Devices Market (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Vital Sign Monitoring Devices Market Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Vital Sign Monitoring Devices Market Market Analysis
Chapter 6 East Asia Vital Sign Monitoring Devices Market Market Analysis
Chapter 7 Europe Vital Sign Monitoring Devices Market Market Analysis
Chapter 8 South Asia Vital Sign Monitoring Devices Market Market Analysis
Chapter 9 Southeast Asia Vital Sign Monitoring Devices Market Market Analysis
Chapter 10 Middle East Vital Sign Monitoring Devices Market Market Analysis
Chapter 11 Africa Vital Sign Monitoring Devices Market Market Analysis
Chapter 12 Oceania Vital Sign Monitoring Devices Market Market Analysis
Chapter 13 South America Vital Sign Monitoring Devices Market Market Analysis
Chapter 14 Company Profiles and Key Figures in Vital Sign Monitoring Devices Market Business
Chapter 15 Global Vital Sign Monitoring Devices Market Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology