The global vital sign monitors market was valued at USD 8.19 billion in 2021, growing at a CAGR of 7.94% during the forecast period from 2022 to 2027, to reach USD 12.96 billion by 2027. The rise in demand for vital sign monitors is primarily attributed to the growing burden of the old age population across the globe, increase in the prevalence of a variety of lifestyle-associated disorders such as respiratory disorders, cardiology disorders, among others. Moreover, constant efforts of the key manufacturers for developing technologically advanced vital sign monitoring devices, and the rise in approval of the products portfolio, among others are the factors responsible for the growth of vital sign monitoring devices.
Some of the key market players operating in the Vital Sign Monitors market include Masimo, Koninklijke Philips N.V., NIHON KOHDEN CORPORATION., Nonin Medical, Omron, ACCOSON, Advin Health Care, Lepu Medical Technology, TytoCare Ltd., VYAIRE, SCHILLER, SunTech Medical, Inc., Welch Allyn Inc., Medtronic, GENERAL ELECTRIC COMPANY, Contec Medical Systems Limited, Biobeat, Honsun, Rudolf Riester GmbH, Promed Technology, Infinium Medical, and others.
Vital Sign Monitors Overview
Vital signs monitors are the devices that measure the basic medical indicators of health such as temperature, pulse, breathing, and blood pressure. Most of these monitors can store and record thousands of pieces of information.
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Recent Developmental Activities in the Vital Sign Monitors Market
- In November 2020, Masimo received CE marking for its Radius VSM™, a wearable, tetherless vital signs monitor, and was released in limited European markets.
- In October 2020, Nihon Kohden launched NK-Health Protect™ during COVID-19 in the US. NK-HealthProtectTM Patient Triage Solution is a complete kit that includes SVM-7200 Vital Signs Monitor to help evaluate patients potentially suffering from COVID-19.
- In July 2020, Philips and BioIntelliSense entered into a strategic collaboration to enhance remote patient monitoring for at-risk patients from the hospital into the home.
According to DelveInsight, the Vital Sign Monitors Clinical Development Market would rise rapidly throughout the forecast period due to continuous commercial and clinical development.
Key Players Proactively working in the Vital Sign Monitors Market
In the Global Vital Sign Monitors Market Companies contribute significantly to their development and are also active in mergers and acquisitions to strengthen their market position. Some of the key market players operating in the Vital Sign Monitors market include Masimo, Koninklijke Philips N.V., NIHON KOHDEN CORPORATION., Nonin Medical, Omron, ACCOSON, Advin Health Care, Lepu Medical Technology, TytoCare Ltd., VYAIRE, SCHILLER, SunTech Medical, Inc., Welch Allyn Inc., Medtronic, GENERAL ELECTRIC COMPANY, Contec Medical Systems Limited, Biobeat, Honsun, Rudolf Riester GmbH, Promed Technology, Infinium Medical, and others.
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Scope of the Vital Sign Monitors Market
- Study Period- 2019-2027
- Vital Sign Monitors Market Companies- Masimo (NYSE: MASI), Koninklijke Philips N.V. (NYSE: PHG), NIHON KOHDEN CORPORATION (NYSE: NHNKY), Nonin Medical, Omron, ACCOSON, Advin Health Care, Lepu Medical Technology, TytoCare Ltd., VYAIRE, SCHILLER, SunTech Medical Inc., Welch Allyn Inc., Medtronic (NYSE: MDT), GENERAL ELECTRIC COMPANY (NYSE: GE), Contec Medical Systems Limited (NYSE: CONTEC), Biobeat, Honsun, Rudolf Riester GmbH, Promed Technology, Infinium Medical (NYSE: ILMN), and others
- Vital Sign Monitors Market By Product Type (Standalone Monitoring Devices [Blood Pressure Monitoring Devices {Mercury Blood Pressure Monitors, Aneroid Blood Pressure Monitors, Automated Blood Pressure Monitors, and Others}, Pulse Oximeters {Fingertip Pulse Oximeters, Handheld Pulse Oximeters, Bench_Top Pulse Oximeters, and Wearable Pulse Oximeters}, Temperature Monitoring Devices {Digital Thermometers, Infrared Thermometers, and Others}, Others] and Combined Monitoring Devices)
- Vital Sign Monitors Market By End-User (Hospitals, Clinics, Homecare Settings, and Others)
- Vital Sign Monitors Market By Geography (North America, Europe, Asia-Pacific, and Rest of the World)
- Porter’s Five Forces Analysis, Product Profiles, Cases Studies, KOL’s Views, and Analyst’s View
Table of Content
- Vital Sign Monitors Market Report Introduction
- Vital Sign Monitors Market Executive summary
- Regulatory and Patent Analysis
- Vital Sign Monitors Market Key factors analysis
- Vital Sign Monitors Porter’s Five Forces Analysis
- COVID-19 Impact Analysis on Vital Sign Monitors Market
- Vital Sign Monitors Market layout
- Vital Sign Monitors Global Company Share Analysis – Key 3-5 Companies
- Vital Sign Monitors Company and Product Profiles
- KOL Views
- Project Approach
- About DelveInsight
- Disclaimer & Contact Us
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Key Takeaways from the Vital Sign Monitors Market Report
- Market size analysis for current Vital Sign Monitors market size (2021), and market forecast for 5 years (2022-2027)
- The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Vital Sign Monitors market.
- Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
- Key companies dominating the Global Vital Sign Monitors Market.
- Various opportunities are available for the other competitor in the Vital Sign Monitors Market space.
- What are the top-performing segments in 2021? How these segments will perform in 2027.
- Which are the top-performing regions and countries in the current market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for Vital Sign Monitors market growth in the coming future?
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