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Vital Signs Monitoring Devices Market Sales, Growth, Outlook, Segment And Competitive Forecast To 2026

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Sunil Rathod
Vital Signs Monitoring Devices Market Sales, Growth, Outlook, Segment And Competitive Forecast To 2026

The global vital signs monitoring devices market size is anticipated to reach USD 9.1 billion by 2026, according to the new report of Radiant Insights, Inc., expanding at CAGR of 8.7% over the forecast period. Growing prevalence of lifestyle associated chronic conditions, and rising demand for advanced monitoring devices in developing countries such as China, India, Thailand, and Brazil are some of the major factors driving the market growth. Availability of monitoring systems at competitive prices and increasing disposal income is expected to fuel the market growth during the forecast period.

Introduction of advanced, integrated vital signs monitoring solutions and growing trends of usage of these devices in home healthcare settings as well as all time wearable devices for chronic patients are some of the factors expected to drive the market during the forecast period.

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Blood pressure monitors is the largest segment in the vital sign’s devices market due to the increasing incidence of hypertension and increasing demand for blood pressure monitors designed for personal use. The dynamics of blood pressure monitoring has witnessed drastic changes in the recent past. Compatible, affordable, easy to use blood pressure monitoring devices are rapidly replacing conventional devices.

Hospitals segment dominated the market in 2018 due to the factors such as huge patient pool, financing capability, and requirement of vital signs monitors in bulk. Lack of skilled professional and demand for advanced methods for continuous and accurate patient monitoring solutions are expected to drive the segment growth. Availability of integrated devices and patient monitoring suits specially designed for operating rooms are the factors expected to fuel the market in developed as well as developing countries.

Further key findings from the report suggest:

• By product, blood pressure monitors held largest market share in 2018 and expected to grow at a lucrative CAGR of over 8.0% from 2019 to 2026

• Based on end users, hospital segment dominated the market in 2018. The segment is expected to continue its dominance throughout the forecast period owing to high preference of advanced devices.

• North America dominated the global vital sign monitoring devices market share in 2018. Availability of major market players and high adoption rates for advanced technology are the factors which can be attributable to high segment share.

• The industry is highly competitive with players including Koninklijke Philips N.V., Medtronic, Nihon Kohden Corporation, GE Healthcare, Masimo, Omron Healthcare, Contec Medical Systems Co. Ltd, A&D Company Ltd., Nonin Medical Inc., and SunTech Medical, Inc.

• Various manufactures are focusing on new product launches, technological innovations, collaboration, regional expansion as major strategic initiatives

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/vital-signs-monitoring-market

Table of Contents

Chapter 1 Research Method
1.1 Information procurement
1.2 Information or Data Analysis
1.3 Market Formulation & Validation

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.1.1 Market Driver Analysis
3.1.1.1 Rapid innovation
3.1.1.2 Rise in the number of healthcare settings
3.1.1.3 Rise in the incidence of chronic disorders is increasing the need for constant monitoring
3.1.1.4 Increase in the need for home healthcare devices
3.1.2 Market Restraint Analysis
3.1.2.1 Remote data storage can increase the risk of data breach
3.2 Vital Sign Monitors - PESTLE Analysis
3.3 Industry Analysis - Porter’s
3.4 Penetration Index
3.5 Vital Sign Monitoring Devices : Ansoff’s Matrix
3.6 Vital Sign Monitoring Devices : Levels of product

Chapter 4 Vital Sign Monitoring Devices Market: Product Estimates & Trend Analysis
4.1 Vital sign monitoring devices market: Product movement analysis
4.2 Blood pressure monitors
4.2.1 Blood pressure monitoring devices market, 2015 - 2026 (USD Million)
4.2.2 Mercury blood pressure monitors
4.2.2.1 Mercury blood pressure monitoring devices market, 2015 - 2026 (USD Million)
4.2.3 Aneroid blood pressure monitors
4.2.3.1 Aneroid blood pressure monitoring devices market, 2015 - 2026 (USD Million)
4.2.4 Digital blood pressure monitors
4.2.4.1 Digital blood pressure monitoring devices market, 2015 - 2026 (USD Million)

Continued…

Read all Reports of this category @ https://www.radiantinsights.com/catalog/medical-devices

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: [email protected]
Website: https://www.radiantinsights.com/

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