Vital Signs Monitoring Devices Market - Global Outlook and Forecast 2020-2025

Vital Signs Monitoring Devices Market - Global Outlook and Forecast 2020-2025

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Vital Signs Monitoring Market Report

The vital signs monitoring devices market by revenue is expected to grow at a CAGR of over 8% during the period 2019–2025.

The global vital signs monitoring devices market is expected to grow at an absolute growth of 58% during the forecast period. Advances in vital monitoring devices is a major factor influencing the market growth. The availability of several medical platforms, applications, telehealth solutions, and software to support care providers and assist in monitoring vital organs to assure quality care. These applications send vital signs data from the bedside directly to the electronic health record (EMR) so that care providers can access accurate patient data whenever required. Similarly, vendors are coming with clinical surveillance systems on a single platform to aid care providers to increase efficiency, improve clinical decision-making, and enhance patient safety. These platforms and products work in compliance with medical guidelines offered by several major and other prominent vendors, thereby providing quality care and boosting the market growth. Hence, the growing demand for advanced vital sign monitoring devices to assist critical patients with accurate and necessary treatment options is expected to drive the growth of the market.

The following factors are likely to contribute to the growth of the vital signs monitoring devices market during the forecast period:
Increasing Focus of Manufacturers on Vital Sign Monitoring Software and Applications
Expanding Production Capabilities of Critical Care Products
Upsurge in COVID-19 Cases across the Globe
Growing Demand for Wearable Vital Sign Monitors

The study considers the present scenario of the vital signs monitoring devices market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Global Vital Signs Monitoring Devices Market Segmentation
The global research report includes a detailed segmentation by Product, Patient Group, End-user, Geography. Standalone vital signs monitoring devices have evolved over a short duration from individual devices measuring blood pressure (BP), pulse, and the temperature to a combined all-in-one device. There has been an increasing number of innovations in the product category, which is fueling the growth. The COVID-19 pandemic has increased challenges for the entire healthcare industry, thereby affecting the growth of the integrated vital signs monitoring devices market. Standalone devices are mainly used in recording several physiological functions such as body temperature and blood pressure among COVID-19 patients.

The geriatric patient population is growing at a faster growth rate as these patients require the continuous assessment of their vital signs, which is driving the market on the large scale. Hence, the increasing chronic disease prevalence in the elderly population is influencing the demand for vital sign monitoring devices. Also, the COVID-19 infection has severely affected the geriatric population due to their low immunity. The global geriatric population is expected to reach 2.1 billion by 2050. The population aged 60 years and above is growing faster than any other age group. These factors are likely to increase the adoption of several vital sign monitoring devices.

Vital signs monitoring devices are in high demand in hospitals and ACSs as these devices facilitate early detection of the patient’s deteriorating health condition, thereby, enabling speedy intervention from medical experts. Hospitals constitute the largest end-user in 2019. This dominion can be contributed to a large patient pool and high financing capability. These devices can be connected on a comprehensive platform through software wherein the hospital staff can easily monitor the patient’s vital signs in the single dashboard. This has increased their usage, especially in developed economies.

Segmentation by Product Type
By Patient Group
By End-user
Ambulatory Care Settings
Home Care Settings Aftermarket

North America currently dominates the market for vital sign monitoring, and it is expected to continue its stronghold for a few more years. The region is expected to increase its market share in the future owing to the well-established healthcare industry and better reimbursement facilities in the region. Factors such as the increasing geriatric population, the rising occurrence of interminable disorders, developing interest for remote patient monitoring and wireless devices combined with streamlined coverage policies are the main considerations crediting to its major share in the industry. Moreover, new product launches and product improvement/enhancements to earlier version vital signs monitors and favorable reimbursement policies will boost the market.

By Geography
North America
South Korea
Latin America
Middle East & Africa
Saudi Arabia
South Africa

The global vital signs monitoring devices market is highly competitive. The market is fragmented with the presence of several global, local, and regional manufacturers. Owing to continuous technological advancements and product innovations, mid-sized and emerging vendors are increasing their market presence by introducing new products at competitive prices. The market potential is driving numerous players to expand their market share through acquisitions. Hillrom, Masimo, Koninklijke Philips, GE Healthcare, Contec Medical Systems, NIHON KOHDEN, and Smiths Medical are some of the major vendors offering a wide range of both standalone and integrated vital signs monitors worldwide. All these companies have a significant presence in major geographical regions such as North America, APAC, and Europe.

Prominent Vendors
A&D Company
Contec Medical Systems
GE Healthcare
Koninklijke Philips
Nonin Medical
OSI Systems
Smiths Medical

ther Prominent Vendors
Acare Technology
American Diagnostic Corporation
AVI Healthcare
aXcent Medical
Beijing Choice Electronic Technology
Better Life Medical Technology
Cardinal Health
Clarity Medical
EDAN Instruments
General Meditech
GETEMED Medical and Information Technology
Hicks Thermometers India
Infinium Medical
medical Econet
Mennen Medical Group
Opto Circuits
Recorders & Medicare Systems (RMS)
Remote Diagnostic Technologies (RDT)
Rossmax International
Shenzhen Creative Industry
Shenzhen Mindray Bio-Medical Electronics
Shenzhen Unicare Electronic
Sino-Hero (Shenzhen) Bio-Medical Electronics
Solaris Medical Technology
SunTech Medical
Viatom Technology

1. What is the vital signs monitoring devices market size and growth rate during the forecast period?
2. What are the factors impacting the growth of the vital signs monitoring devices market shares?
3. What is the growth of Asia Pacific the vital signs monitoring devices market shares during the forecast period?
4. Who are the leading vendors in the vital signs monitoring devices market?
5. Who is the impact of COVID-19 on the vital signs monitoring devices market shares?

1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope Of The Study
4.3.1 Market Segmentation By Product
4.3.2 Market Segmentation By Patient Group
4.3.3 Market Segmentation By End-User
4.3.4 Market Segmentation By Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
8 Market Opportunities & Trends
8.1 Manufacturers’ Increasing Focus On Developing Software & Apps For Vital Signs Monitoring
8.2 Expanding Production Capabilities Of Critical Care Products
8.3 Upsurge In Covid-19 Global Cases
8.4 Growing Demand For Wearable Vital Sign Monitors
8.5 Increasing Popularity Of Remote Patient Monitoring
9 Market Growth Enablers
9.1 New Product Launches And Approvals
9.2 Favorable Patient Demographics
9.3 Technological Advancements In Vital Signs Monitors
10 Market Restraints
10.1 Cybersecurity & Related Limitations With Vital Signs Monitors
10.2 False Alarms & Alarm Fatigue Associated With Vital Signs Monitors
10.3 Intense Competition Coupled With Pricing Pressure
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat Of New Entrants
11.3.2 Bargaining Power Of Suppliers
11.3.3 Bargaining Power Of Buyers
11.3.4 Threat Of Substitutes
11.3.5 Competitive Rivalry
12 Product
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Standalone Vital Signs Monitoring Devices
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.3.3 Market By Geography
12.4 Integrated Vital Sign Monitoring Devices
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.4.3 Market By Geography
13 Patient Group
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Geriatric Patient Group
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market By Geography
13.4 Adult Patient Group
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market By Geography
13.5 Pediatric Patient Group
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Market By Geography
14 End-User
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Hospitals
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Market by Geography
14.4 Ambulatory Care Settings
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market by Geography
14.5 Home Care Settings
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography
14.6 Others
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.6.3 Market by Geography
15 Geography
15.1 Market Snapshot & Growth Engine
15.2 Geographic Overview
16 North America
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Product
16.3.1 Market Size & Forecast
16.4 Patient Group
16.4.1 Market Size & Forecast
16.5 End-User
16.5.1 Market Size & Forecast
16.6 Key Countries
16.6.1 US: Market Size & Forecast
16.6.2 Canada: Market Size & Forecast
17 Europe
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Product
17.3.1 Market Size & Forecast
17.4 Patient Group
17.4.1 Market Size & Forecast
17.5 End-User
17.5.1 Market Size & Forecast
17.6 Key Countries
17.6.1 Germany: Market Size & Forecast
17.6.2 France: Market Size & Forecast
17.6.3 UK: Market Size & Forecast
17.6.4 Italy: Market Size & Forecast
17.6.5 Spain: Market Size & Forecast
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Product
18.3.1 Market Size & Forecast
18.4 Patient Group
18.4.1 Market Size & Forecast
18.5 End-User
18.5.1 Market Size & Forecast
18.6 Key Countries
18.6.1 China: Market Size & Forecast
18.6.2 Japan: Market Size & Forecast
18.6.3 India: Market Size & Forecast
18.6.4 South Korea: Market Size & Forecast
18.6.5 Australia: Market Size & Forecast
19 Latin America
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Product
19.3.1 Market Size & Forecast
19.4 Patient Group
19.4.1 Market Size & Forecast
19.5 End-User
19.5.1 Market Size & Forecast
19.6 Key Countries
19.6.1 Brazil: Market Size & Forecast
19.6.2 Mexico: Market Size & Forecast
19.6.3 Argentina: Market Size & Forecast
20 Middle East & Africa
20.1 Market Overview
20.2 Market Size & Forecast
20.3 Product
20.3.1 Market Size & Forecast
20.4 Patient Group
20.4.1 Market Size & Forecast
20.5 End-User
20.5.1 Market Size & Forecast
20.6 Key Countries
20.6.1 Turkey: Market Size & Forecast
20.6.2 South Africa: Market Size & Forecast
20.6.3 Saudi Arabia: Market Size & Forecast
21 Competitive Landscape
21.1 Competition Overview
21.2 Market Share Analysis
21.2.1 A&D Company
21.2.2 Contec Medical Systems
21.2.3 Ge Healthcare
21.2.4 Hillrom
21.2.5 Koninklijke Philips
21.2.6 Masimo
21.2.7 Medtronic
21.2.8 Nihon Kohden
21.2.9 Nonin Medical
21.2.10 Omron Healthcare
21.2.11 OSI Systems
21.2.12 Smiths Medical
22 Key Company Profiles
22.1 A&D Company
22.1.1 Business Overview
22.1.2 Product Offerings
22.1.3 Key Strategies
22.1.4 Key Strengths
22.1.5 Key Opportunities
22.2 Contec Medical Systems
22.2.1 Business Overview
22.2.2 Product Offerings
22.2.3 Key Strategies
22.2.4 Key Strengths
22.2.5 Key Opportunities
22.3 GE Healthcare
22.3.1 Business Overview
22.3.2 Product Offerings
22.3.3 Key Strategies
22.3.4 Key Strengths
22.3.5 Key Opportunities
22.4 Hillrom
22.4.1 Business Overview
22.4.2 Product Offerings
22.4.3 Key Strategies
22.4.4 Key Strengths
22.4.5 Key Opportunities
22.5 Koninklijke Philips
22.5.1 Business Overview
22.5.2 Product Offerings
22.5.3 Key Strategies
22.5.4 Key Strengths
22.5.5 Key Opportunities
22.6 Masimo
22.6.1 Business Overview
22.6.2 Product Offerings
22.6.3 Key Strategies
22.6.4 Key Strengths
22.6.5 Key Opportunities
22.7 Medtronic
22.7.1 Business Overview
22.7.2 Product Offerings
22.7.3 Key Strategies
22.7.4 Key Strengths
22.7.5 Key Opportunities
22.8.1 Business Overview
22.8.2 Product Offerings
22.8.3 Key Strategies
22.8.4 Key Strengths
22.8.5 Key Opportunities
22.9 Nonin Medical
22.9.1 Business Overview
22.9.2 Product Offerings
22.9.3 Key Strategies
22.9.4 Key Strengths
22.9.5 Key Opportunities
22.10 Omron Healthcare
22.10.1 Business Overview
22.10.2 Product Offerings
22.10.3 Key Strategies
22.10.4 Key Strengths
22.10.5 Key Opportunities
22.11 OSI Systems
22.11.1 Business Overview
22.11.2 Product Offerings
22.11.3 Key Strategies
22.11.4 Key Strengths
22.11.5 Key Opportunities
22.12 Smiths Medical
22.12.1 Business Overview
22.12.2 Product Offerings
22.12.3 Key Strategies
22.12.4 Key Strengths
22.12.5 Key Opportunities
23 Other Prominent Vendors
23.1 SunTech Medical
23.1.1 Business Overview
23.1.2 Product Offerings
23.2 General Meditech
23.2.1 Business Overview
23.2.2 Product Offerings
23.3 Clarity Medical
23.3.1 Business Overview
23.3.2 Product Offerings
23.4 Hicks Thermometers India
23.4.1 Business Overview
23.4.2 Product Offerings
23.5 medical ECONET
23.5.1 Business Overview
23.5.2 Product Offerings
23.6 Microlife
23.6.1 Business Overview
23.6.2 Product Offerings
23.7 Meditech
23.7.1 Business Overview
23.7.2 Product Offerings
23.8 Shenzhen Creative Industry
23.8.1 Business Overview
23.8.2 Product Offerings
23.9 Progetti
23.9.1 Business Overview
23.9.2 Product Offerings
23.10 COMDEK
23.10.1 Business Overview
23.10.2 Product Offerings
23.11 Getemed Medical and Information Technology
23.11.1 Business Overview
23.11.2 Product Offerings
23.12 Shenzhen Unicare Electronic
23.12.1 Business Overview
23.12.2 Product Offerings
23.13 Opto Circuits (India)
23.13.1 Business Overview
23.13.2 Product Offerings
23.14 Beijing Choice Electronic Technology
23.14.1 Business Overview
23.14.2 Product Offerings
23.15 Shenzhen Mindray Bio-Medical Electronics
23.15.1 Business Overview
23.15.2 Product Offerings
23.16 Drägerwerk
23.16.1 Business Overview
23.16.2 Product Offerings
23.17 Cardinal Health
23.17.1 Business Overview
23.17.2 Product Offerings
23.18 Cosinuss
23.18.1 Business Overview
23.18.2 Product Offerings
23.19 Better Life Medical Technology
23.19.1 Business Overview
23.19.2 Product Offerings
23.20 TaiDoc
23.20.1 Business Overview
23.20.2 Product Offerings
23.21 aXcent medical
23.21.1 Business Overview
23.21.2 Product Offerings
23.22 Mennen Medical Group
23.22.1 Business Overview
23.22.2 Product Offerings
23.23 Remote Diagnostic Technologies
23.23.1 Business Overview
23.23.2 Product Offerings
23.24 EDAN Instruments
23.24.1 Business Overview
23.24.2 Product Offerings
23.25 Infinium Medical
23.25.1 Business Overview
23.25.2 Product Offerings
23.26 Samtronic
23.26.1 Business Overview
23.26.2 Product Offerings
23.27 Sino-Hero (Shenzhen) Bio-Medical Electronics
23.27.1 Business Overview
23.27.2 Product Offerings
23.28 Solaris Medical Technology
23.28.1 Business Overview
23.28.2 Product Offerings
23.29 American Diagnostic Corporation
23.29.1 Business Overview
23.29.2 Product Offerings
23.30 Rossmax International
23.30.1 Business Overview
23.30.2 Product Offerings
23.31 Viatom Technology
23.31.1 Business Overview
23.31.2 Product Offerings
23.32 Charmcare
23.32.1 Business Overview
23.32.2 Product Offerings
23.33 Nureca
23.33.1 Business Overview
23.33.2 Product Offerings
23.34 Maxtec
23.34.1 Business Overview
23.34.2 Product Offerings
23.35 AVI Healthcare
23.35.1 Business Overview
23.35.2 Product Offerings
23.36 Recorders & Medicare Systems
23.36.1 Business Overview
23.36.2 Product Offerings
23.37 Acare Technology
23.37.1 Business Overview
23.37.2 Product Offerings
24 Report Summary
24.1 Key Takeaways
24.2 Strategic Recommendations
25 Quantitative Summary
25.1 Market By Product
25.2 Market By Patient Group
25.3 Market By End-User
25.4 Market By Geography
26 Appendix
26.1 Abbreviations

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