The global Vital Signs Monitoring devices market is segmented based on product and geography. On the basis of product the market is segmented into Pulse-oximeters, BP monitoring devices and temperature monitoring devices. Pulse-oximeters dominate the market due to the growing demand for them in emergency medical care. Each segment is further categorized into various sub-segments. In terms of geography, the market is segmented into various regions, namely, North America, Europe, Asia Pacific and LAMEA. North America dominates the market and is currently followed by Europe due to the growing elderly population and rising demand for vital signs monitoring devices to monitor health in these regions. Additionally, emerging economies in Asia-Pacific and other regions are estimated to exhibit rapid growth due to the improving healthcare infrastructure and growing aged population.
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Vital signs, such as breathing rate, temperature, heartbeat and blood pressure are essential in measuring, monitoring and keeping a watch on basic body functioning. Vital signs devices thus play an important role in maintaining health as they monitor various vital parameters. The vital signs monitoring market comprises of services and devices for emergency care and support. The inclination of patients towards treatment at home as opposed to hospitals in order to cut costs is a significant trend witnessed in this market. Moreover, the growing ageing population, rise of at-home monitoring, and growing awareness regarding the cost-effectiveness and convenience offered by vital signs monitoring devices are the factors driving the growth of this market.
The general shift towards proactive monitoring and amended reimbursement policies act as major opportunities for the global vital signs monitoring device market. The key companies profiled in this report are Masimo Corporation, A&D Medical, Covidien PLC, Contec Medical Systems, Mindray Medical International Limited, GE Healthcare, Suntech Medical, Nihon Kohden, Omron Healthcare, Inc., Philips Healthcare, Spacelabs Healthcare, Inc. and Welch Allyn, Inc.
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