Global Vital Signs Monitoring Equipment Market By Product (BP monitoring devices, Pulse-oximeters, Temperature monitoring devices), Type (Non- integrated system, Integrated system, others), Portability (Portable, Standalone), End-User (Hospitals, Ambulatory, Home healthcare, Clinics, Others), Distribution Channel (Hospital pharmacy, Pharmacy store, Online websites, others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

Market Analysis : Global Vital Signs Monitoring Equipment Market

The Global Vital Signs Monitoring Equipment Market is expected to rise from its initial estimated value of USD 4,412.1 million in 2018 to an estimated value of USD 7,085.4 million by 2026 registering a CAGR of 6.1% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and growing demand of non-contact thermometers.

Market Definition : Global Vital Signs Monitoring Equipment Market

Vital signs are the symptoms of body’s basic function. The vital signs monitoring devices 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 in detecting or monitoring medical problems, and can be measured in a medical setting, home, or at the site of medical emergency. It also involves various other additional signs such as pain, urinary continence, gait speed, shortness of breath, end-tidal carbon-dioxide.

Market Drivers

Rapidly changing lifestyle and rising incidence of chronic diseases has increased the market growth
Increasing occurrence of hypertension will act as a major market driver

Market Restraints

Pricing pressure of devices is acting as a major restraint for the market
Strict regulatory process is also hampering the market

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Segmentation : Global Vital Signs Monitoring Equipment Market
By Product
BP monitoring devices
Aneroid BP monitors
Automated BP monitors
Ambulatory BP Monitors
BP monitor device accessories
Pulse-oximeters
Tabletop/bedside pulse-oximeters
Fingertip
Handheld
Wrist worn
Pediatric pulse-oximeters
Pulse oximeter device accessories
Temperature monitoring devices
Mercury-filled thermometers
Digital thermometers
Infrared thermometers
Temperature strips
Temperature Monitoring Device Accessories
By Type
Non- integrated system
Integrated system
3 in 1 vital signs monitoring
4 in 1 vital signs monitoring
Others
By Portability
Portable
Standalone
By End User
Hospitals
Ambulatory
Home healthcare
Clinics
Others
By Distribution Channel
Hospital pharmacy
Pharmacy store
Online websites
Others
By Geography
North America
US
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa

Key Developments in the Market:

In May, 2018, Caretaker Medical completed the investment of USD 3.4 million for expanding its sales of wireless device of continuous blood pressure and vital signs monitor.
In May, 2017, OBS Medical and Caretaker Medical partnered with each other for adding Vital Signs and Wireless CNIBP to predictive patient monitoring platform.
Competitive Analysis : Global Vital Signs Monitoring Equipment Market

The global vital signs monitoring equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vital signs monitoring equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Key Market Competitors : Global Vital Signs Monitoring Equipment Market

Few of the major market competitors currently working in the vital signs monitoring equipment market are Koninklijke Philips N.V., Medtronic, Caretaker Medical LLC, Masimo, Drägerwerk AG & Co. KGaA, Hill-Rom Services Inc., Smiths Group plc, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Nihon Kohden Corporation, General Electric Company, Omron Healthcare, Inc., A&D Company, Limited, Boston Scientific Corporation, CASMED, Halma plc, Nonin, OSI Systems, Inc., HICKS, Contec Medical Systems Co. Ltd, Spacelabs Healthcare and Briggs Healthcare.