Vital sign monitoring is used for measuring heart rate, respiratory rate, temperature, and blood pressure to evaluate physical functioning of the human body. Vital sign monitoring devices are routinely used as an integral part of patient monitoring. Vital sign monitoring devices provides and records clinically relevant data of the patient’s health with the help of small sensors attached to the body thatcarry the information to the monitor. Increasing incidence of lifestyle-associated chronic diseases is expected to drive the market growth over the forecast period. The vital sign monitor is a valuable tool that provide information to the medical and nursing staff about the physiologic condition of the patient. It typically comprises of a set of modules for real-time measurement of various physiological parameters. These monitors are also known as patient monitors.
A vital sign monitor measures the basic medical indicators of health- temperature, pulse, breathing, and blood pressure. Most monitors can store and record thousands of pieces of information. Many portable types feature a touch screen and a handle, as well as a backup battery supply. They have the name vital as their measurement and assessment is the critical first step for any clinical evaluation. The first set of clinical examinations is an evaluation of the vital sign of the patient. Changes in vital sign prior to clinical deterioration are well documented and early detection of preventable outcomes is key to timely intervention. Monitoring vital sign helps nurses to identify when a patient has an elevated heart rate or blood pressure thatindicate dehydration or shock, rapid breathing that indicate respiratory distress, or low blood pressurethat indicate shock.
Market Dynamics
Increasing adoption of organic growth strategies such as product launch by key market players to expand their product portfolio is expected to drive the market growth over the forecast period. For instance, in 2019, Neptune Wellness Solutions Inc., a health and wellness company, launched Neptune Halo, an electronic pulse oximeter device that is a used in the battle against COVID-19.
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