30 likes | 44 Views
The global vital signs monitoring devices market size was valued at USD 4.1 billion in 2016 and is expected to reach USD 7.1 billion by 2025, with a CAGR of 6.5%. <br>
E N D
Vital Signs Monitoring Devices Market Revenue Drivers Growth Opportunities Supply Chain Analysis and Forecast Research Report Till 2025 “The global vital signs monitoring devices market size was valued at USD 4.1 billion in 2016 and is expected to reach USD 7.1 billion by 2025, with a CAGR of 6.5%.” The global Vital Signs Monitoring Devices Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The global vital signs monitoring devices market size was valued at USD 4.1 billion in 2016 and is expected to reach USD 7.1 billion by 2025, with a CAGR of 6.5%. Vital signs include the most basic functions of the human body such as breathing rate, heartbeat, blood pressure and temperature. Key Players: Koninklijke Philips N.V. Medtronic Nihon Kohden Corporation GE Healthcare Masimo Corporation Omron Healthcare Contec Medical Systems A&D Company Nonin Medical SunTech Medical
Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/vital-signs-monitoring-devices-market/request- sample Growth Drivers: Patient monitoring devices, the parent market for vital signs monitoring devices, comprises devices that are used for hemodynamic, neurologic and brain functions. To check the level of physical performance, these vital signs are watched, measured and monitored. The application of vital sign monitoring devices is expanding in the sports industry as well. Hands free human-computer interaction makes it a choice for many, making things easier to handle and obtaining streamlined diagnosis The open communication channel with the doctors make these devices reliable for people to adopt indicating the positive future growth in the segment. Increase in Gross Domestic Product per capita leads to increasing health care expenditure which drives the industry growth rate. Investments have been increasing on healthcare by corporate groups that provides significant growth rate for the monitoring devices. Some of the benefits of the monitoring devices are reduction in hospitalization rates, office follow ups. Shortage of the healthcare professionals is also one of the major drivers in the U.S. With increase in the levels of population, the chronic diseases such as asthma, COPD and hypertension are outgrowing in number. Obesity is one of the major concern that people share due to unhealthy lifestyle, this results in hypertension. All these factors are expected to increase the market for monitoring devices in the coming seven years. End-use Outlook: Hospitals Physician’s Office Home Healthcare Ambulatory Centers Emergency Care Centers Regional Insights: Certain drawbacks in this market are issues in reimbursement, lack of awareness in the developing countries such as India, Brazil, Mexico, and high cost associated with these devices. The U.S due to its preexisting high penetration and limited scope for the addition of hospitals is expected to drive the future growth of this market. Americans suffer from hypertension and obesity which shall play a key role in the development of the market. Increasing population of diabetic patients in Asia Pacific serves as an indicator that this region is expected to hold the maximum number of consumers for such devices, thereby exhibiting positive growth prospects. North America is the major region that holds the largest market share with maximum number of consumers followed by Europe. Certain new developing markets such as India, China and Japan are also expected to possess high revenue in the coming seven years due to increased health awareness among people and change in their lifestyle. Browse Related Category Research Reports @ https://blog.naver.com/tomclark
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Asia Pacific Global Headquarters Million Insights Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Phone: 91-20-65300184 Email: sales@millioninsights.com