Vital Signs Monitoring Devices Market Set to Reach USD
From GlobeNewswire: 2025-04-02 07:17:00
The vital signs monitoring devices market is projected to reach USD 66.82 billion by 2030, growing at a CAGR of 12.7% from 2022. This growth is driven by the rising prevalence of chronic disorders, an aging population, and increased product approvals. The market analysis focuses on technologies enhancing device efficiency and performance.
Key players in the market include Koninklijke Philips NV, Medtronic Plc, Nihon Kohden Corp, and GE HealthCare Technologies Inc. Trending topics include wearable vital sign monitoring devices, telemedicine, and remote patient monitoring, and integration of AI in vital sign monitoring. Recent headlines cover acquisitions, FDA clearances, and new product launches.
The vital sign monitoring devices market is witnessing growth due to an increasing demand for home healthcare services and a rise in chronic disorders. The market is fueled by the surge in chronic illnesses such as diabetes and cardiovascular diseases, leading to a need for reliable devices to monitor vital signs. The shift towards home healthcare is also driving market growth.
Companies in the vital signs monitoring devices market are launching new products and obtaining regulatory approvals to stay competitive. Recent launches include Evondos’ Vitacam, Huntleigh’s SC500 Series monitor, GE Healthcare’s Portrait VSM, and Dozee Pro Ex. Geographically, North America leads the market, followed by Europe and Asia Pacific.
The market is segmented by product into pulse oximeters, blood pressure monitors, temperature monitoring devices, and glucose monitors. The largest share in 2024 was held by the glucose monitors segment. By end user, hospitals & clinics dominated the market in 2024. Geographically, North America led the market in 2023, with Asia Pacific expected to register the highest CAGR during the forecast period.
The vital sign monitoring devices market is set for strong growth driven by factors like rising chronic diseases and demand for remote healthcare solutions. Innovations such as wearable devices and AI-supported features are making monitoring devices more accessible and efficient. Healthcare systems are focusing on preventative care and early detection, boosting the market.
For more detailed insights on the vital signs monitoring devices market, visit The Insight Partners website. The report provides valuable information for manufacturers to navigate the evolving market landscape and unlock new opportunities. Stay updated on the latest trends in the market to stay ahead in the industry. Contact The Insight Partners for further information on the report.
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