The report “Vital Signs Monitoring Market - Market Landscape Analysis of Blood Pressure Monitoring Devices, Pulse Oximeters and Temperature Monitoring Devices - Forecasts up to 2018” , analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.
market data tables and 52 figures spread through 142 pages and
in-depth TOC on “Vital Signs Monitoring Market”.
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The global vital signs monitoring market is estimated to reach $4.3 billion by 2018 growing at a CAGR of 6.61%. The market for vital signs monitoring devices is divided on the basis of products and geography. Based on products, this market is segmented into blood pressure monitors, pulse-oximeters and temperature monitoring devices. Pulse-oximeters command the highest market owing to their rising demand in emergency medical care. Each segment is further classified into various sub-segments, providing exhaustive market analysis and trends for the global vital signs monitors market.
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The BP monitoring devices market is segmented into aneroid and automated BP monitors, while the pulse-oximeter market is categorized into tabletop or bedside pulse-oximeters, fingertip, handheld, wrist worn, and pediatric pulse-oximeters. The temperature monitoring devices market is further classified into sub-segments such as mercury-filled thermometers, digital temperature monitors, infrared thermometers, and temperature strips.
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This market is witnessing tremendous growth due to a rise in the aging population, not only in the developed regions of the world, but also in developing countries. Awareness of the convenience and cost effectiveness offered by these equipment and services is also increasing the demand for this market. Asia displays a high CAGR owing to the rapidly increasing aging population in countries such as India, China, and Japan. The Americas also maintains a stable growth mainly due to reimbursements offered for specific equipment and the health policies of Medicaid and Medicare.
The geography wise market segmentation includes North America, Europe, Asia, and Rest of the World. North America is a significant contributor to the market, followed by Europe, due to the presence of high-end technology providers and better R&D facilities. However, the Asian market witnesses the highest growth rate owing to the rising demand for these devices for home health monitoring. The new markets that are expected to grow at a brisk pace are emerging economics such as China, India, Japan and other regions of Asia-Pacific, and untapped markets in European regions.
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