The report explores the impending of the Global Vital Signs Monitoring Market in North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America. In addition to this, the countries generating high revenue in these mentioned regions have also been examined along with comprehensive coverage and innovation in these countries. The report studies in detail the vital trends and dynamics affecting the growth of the market which includes the limitations, drivers, and opportunities. The report gives data on the technological breakthroughs that are bound to happen in the upcoming years or are happening as of now. The Global Vital Signs Monitoring Market study integrates the growth conditions and definition of the market modules. The global market is categorized into its type, product type, material type, application, vertical, and end-use applications. In the next piece, the market has been categorized in terms of presentation. The presentation segments of the global market are also mentioned in this statistical surveying research report. A number of research tools such as Porter’s five forces analysis and SWOT analysis have been exercised to provide an in-depth understanding of this market.
Major Players: Global Vital Signs Monitoring Market,
Some of the prominent participants operating in this market are-Contec Medical Systems Co. LTD Medtronic, GE Healthcare, Masimo, Nihon Kohden Corporation, Omron Healthcare, and among others.
Global Vital Signs Monitoring Market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Segmentation: Global Vital Signs Monitoring Market
Global Vital Signs Monitoring Market, By Product Type (Blood Pressure Monitoring, Pulse Oximeter, Temperature Monitoring Device), By Portability (Standalone, Portable), By End-User (Hospitals, Ambulatory Centers, Home Healthcare, Clinics, Others), By Distribution Channel (Hospital Pharmacy, Pharmacy Stores, Online Websites, Others) Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) – Industry Trends and Forecast to 2025
Key points to focus in the report
- Key trends in the market place
- Major players and brands
- Drivers and restrains of the market
- Major players and brands
- Historical and current market size and projection up to 2025.
Drivers: Global Vital Signs Monitoring Market
Prominent factors driving the growth of this market consist of growing geriatric population and chronic diseases, technological development, rising demand of non-contact thermometers, rising incidence of hypertension, rapidly changing lifestyle are fuel the growth of vital signs monitoring market.
Growing geriatric population and chronic diseases:
Population ageing is seen to be taking place worldwide in all the countries. Ageing results from declining fertility and decreasing mortality. As the number of older adults is increasing, the demand on public health systems and on medical and social services is also increasing. There has also been gradual demographic transition from patterns of high fertility and mortality to low fertility and delayed mortality rates.
According to journal published in Economic and Social Commission in 2016, approximately 12.4 per cent of the population in the region was 60 years or older, but this is projected to increase to more than 1.3 billion people by 2050.
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With the advancement in technologies and the trend of digital devices, there has been a tremendous increase in the demand of wireless devices. Also along with the awareness of treatments of all diseases, people tend to cure and take treatments as early as it is possible for them. Time and distance being a critical factor, huge amount of global population is suffering from blood pressure. The aging population is seen to have blood pressure.
According to the International Journal of Engineering Trends and Technology (IJETT), In India in May 2013, Scientists from BAMU University developed Wi-Fi Based vital signss monitoring and tracking system for medical parameters. The project aims in designsing a system which helps in remote monitoring of patients heart rate, body temperature based on Wi-Fi communication.
The medical parameters can be monitored on website in real-time. The advantage of this is the system is that doctors across the world can monitor the medical parameters and suggest the suitable medication. Wi-Fi Based Monitoring system for medical parameter has resulted from the helps in remote monitoring of patients heart rate, body temperature. This system has the advantages is that doctors across the world can monitor the medical parameters and suggest the suitable medication.
Rising demand of non-contact thermometers:
Temperature is one of the commonly seen vital signs in individuals. Thermometers used for measuring temperature are available in wide range. Thermometers have a wide range like contact thermometers (rectal, axillary or oral), chemical thermometers (forehead), infrared thermometers (tympanic, temporal artery) and mercury thermometers. Mercury thermometers are however no longer used in European Union and are also not available for purchase in the U.K. since 2009. With the increasing concern of cross-contamination, spread of highly infectious diseases like Ebola, companies are now focusing to manufacture more thermometers which will reduce the concerns and thus help in increasing the demand for non-contact thermometers. These thermometers also help in giving more accurate measurements.
Report range: Global Vital Signs Monitoring Market
- The report offers market share appraisals for regional and global levels
- To gain a detailed overview of the parent market.
- Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
- The study provides an in-depth analysis of the Global Vital Signs Monitoring Market and current & future trends to elucidate imminent investment pockets.
- Identify growth segments and opportunities in the industry.
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