Vital Sign Monitoring Devices Market

Vital Sign Monitoring Devices Market Size

The global vital sign monitoring devices market size was worth more than USD 5.6 billion in 2024 and is projected to exhibit 8.2% CAGR from 2025 to 2034. The rise in chronic diseases all over the world will lead to an increase in the market after some time.

With the increasing chronic diseases such as diabetes and cardiovascular diseases with their appropriate increase, the increase in patient population will help boost the growth of the vital signs monitoring devices sector. The numbers provided by World Health Organization (WHO) suggest that cardiovascular diseases take the lives of approximately 17.9 million people every year, 85% of such deaths are due to heart stroke. Sedentary lifestyles along with overeating, excessive smoking and addiction to alcohol create a suitable environment for cardiovascular diseases further enhancing the market growth.

Devices that monitor vital signs are important instruments that are used to monitor and evaluate the three key parameters that determine the health condition of a person. These tools are equipped with sensors and are used for monitoring and determining vital signs like body temperature, blood pressure, heart beat, and respiratory rate so that clinicians and health practitioners can more easily obtain vital information to find and how to treat certain health conditions. Such modes of care enabled by the monitoring devices raise patients’ health conditions and enhance the outcome of their treatment in different healthcare environments.

Vital Sign Monitoring Devices Market Trends

•   The market for capabilities or devices that monitor vital signs is experiencing an upward trend and growth due to both the development of technology and a growing interest in being able to remotely monitor the health of a patient.
  
•  Globally, the vital sign monitoring equipment market continues experiencing an increase in demand for home monitoring devices. Following the Covid 19 pandemic, the desire for home based care has increased greatly hence the need for home devices that can remotely monitor vital signs is in higher demand with the aging population being the major target.
  
•   In comparison to the last few decades, the advancement of wireless and wearable technology in combination with the real-time transfer of data and other information, for instance from the patients’ homes, pushes the growth of the homebased care model.
  
•   Moreover, a number of manufacturers also develop AI and other advanced analyses alongside their devices with the aim of optimizing their application and enhancing their helpfulness in providing predictions and health alerts. These advancements help the health care providers in the timely management of untreated chronic ailments like hypertension and diabetes by determining patterns in such data.
  
•   In addition, the sector of wearables, which includes smartwatches and the ECG monitor, keeps on growing. They help individuals keep track of their health and also serve clinical uses – for example they monitor heart rate and oxygen levels among other things. All these devices easily pair with mobile apps to enable the data review process. So, the trend of increased usage of these devices is set to continue across the globe.
  
•  Telemedicine has also markedly increased the use of monitors that connect to telehealth facilities so that a healthcare worker can watch a patient from a distance. This tendency was further fueled by COVID-19. According to a statistic source, in 2024 there were 116 million online users who consulted shift doctor services up from 57 million in 2019.
  
• Moreover, there’s a high need for small monitors that can take more than one vital sign, including heart rates, blood pressure, and the respiratory rate. These devices have useful applications in emergencies, critical care, as well as home settings, and they make monitoring easier in situations with diversified health care needs.
  

Vital Sign Monitoring Devices Market Analysis

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Based on product, the vital signs monitoring devices market is segmented into blood pressure monitors, pulse oximeters, temperature monitoring devices, and other products. Blood pressure monitors are further segmented into aneroid blood pressure monitors, digital blood pressure monitor, and blood pressure instrument accessories. Pulse oximeters are further segmented into fingertip pulse oximeters, hand-held pulse oximeters, wrist-worn pulse oximeters, table-top/bedside pulse oximeters, and pulse oximeter accessories. Similarly, temperature monitoring devices are further segmented into mercury filled thermometers, digital thermometers, infrared thermometers, and temperature monitoring device accessories. Blood pressure monitor dominate the market with a share of 48.9% in 2024.

• A report from the World Health Organization published in March of 2023 showed that approximately 1.2 billion adults aged between 30 and 79 suffer from high blood pressure, and that figure constitutes the primary cause of the widespread demand for blood monitors through the vital sign monitoring devices.
  
• The need for blood pressure monitors is heightened thanks to the increasing inclination towards preventive healthcare and early detection due to them being seen as tools for treating coronary artery disease and arrhythmia. Furthermore, diagnosing cardiac conditions at an early stage allows the medical practitioners to cure them and deal with the ailments in an efficient manner.
  

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Based on end user, the vital sign monitoring devices market is segmented into hospitals and clinics, homecare, ambulatory surgery centers, and other end users. In terms of revenue, the hospitals and clinics was valued at USD 1.8 billion in 2024.

• Massive healthcare facilities like hospitals and clinics often provide care to patients suffering from acute episodes or chronic conditions. Such facilities often rely on the use of vital sign monitoring devices to keep track of multiple parameters like blood pressure, heart rate, and oxygen levels to assist in decision making during emergencies or present patients with real time treatment options.
  
• Also, the increasing number of hospitals drives the growth of the vital sign monitoring device market. In 2023, for instance, there were 6,120 hospitals in the U.S. (up from 6,093 in 2022). The proliferation of hospitals has also stimulated the market of vital sign monitoring devices.
  

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In 2024, the U.S. led the North American vital sign monitoring devices market, generating a revenue of about USD 2.1 billion.

• In the U.S., vital sign monitors are increasingly used in hospitals and clinics, and the growing number of home health care patients and providers is expected to bolster the sales of vital sign monitors. Moreover, these devices are suitable for use in various types of healthcare settings due to their sophisticated technology.
  
• Thus, the rising prevalence of chronic illnesses in America such as heart disease, diabetes, high blood pressure and so on which make it necessary to constantly check blood pressure, heart rate, oxygen levels among other, elevates the importance of vital signs monitoring devices.
  
• For example, the American Centers for Disease Control and Prevention (CDC) estimates that over 600,000 deaths in the U.S. each year result from heart disease which affects both male and female individuals of all skin color.
  

The UK is set to see a robust expansion in its vital sign monitoring devices market from 2025 to 2034.

• In UK, NHS is a primary health care organization that provides wide range of healthcare services to many people. The NHS employs monitoring devices more often to evaluate health of its patients, increasing the need for monitoring tools. The NHS has adopted new technologies including blood pressure cuffs, ECGs and pulse oximeters further proving that the UK takes a dominant role in the market.
  
• Also, considering the implications of the COVID-19 pandemic, the healthcare sector of UK has also begun to adopt vital sign monitoring devices, more so now than before with the expansion of telemedicine and remote healthcare monitoring. A report by the National Institute of Health points out that the COVID caused paradigm shift in the way the healthcare sector in the UK operates especially with regard to the adoption of telemedicine technologies.
  

Japan's vital sign monitoring devices market is set for lucrative growth from 2025 to 2034.

• Around 28 percent of the Japanese population is aged 65 and above which has contributed to the swift acceleration in the rate of Japan's aging population. This trend has corresponded with higher propensity for a higher need of healthcare provision geared at managing chronic conditions as well as older person's care and constant monitoring of vital signs including blood pressure, heart rate and oxygen levels. 
  
• Companies like Omron Healthcare and Nihon Kohden, Japan have taken a leading role in devising more sophisticated, smaller and easy to use monitoring systems. This also includes the development and use of portable and wireless technologies which can enable diverse programming and real time monitoring of health data.
  

Saudi Arabia's vital sign monitoring devices market is expected to witness substantial growth during the forecast period.

• The Saudi Arabia’s healthcare sector is undergoing a transformation since the Government is aiming towards diversifying their economy and is looking towards a robust plan for Vision 2030. With these plans underway, the healthcare services are on the rise, and there is a growing need for advanced medical devices, vital monitors included.
  
• In addition to this, the Government of Saudi Arabia is also in the process of enforcing policies that ensure solid healthcare services for its citizens. To achieve this goal, the government has shifted its focus towards chronic care management, preventive measures, and the adoption of telemedicine. Moreover, health screenings are promoted through public campaigns and other health initiatives, increasing the need for monitoring devices across households, clinics, and hospitals.
  

Vital Sign Monitoring Devices Market Share

The market for critical sign surveillance tools is unevenly divided and highly competitive with the presence of several veteran firms and modern start-ups. One of the key moves in this market is the continuous development of new and compact devices for monitoring vital signs. There has been a lot of interest in smaller firms and start-ups due to the trend of usage of wearable technologies and AI driven devices. Such companies, for example, mostly specialize in the creation of ultra-light, easy to use devices for personal use outside a clinical setting.

A lot of new players are looking to enter the market for remote patient monitoring which has become prominent due to the recent demand surge in telehealth. Established firms which occupy a prominent place in the domain are usually, and in most instances, the ones that spearhead developments facilitated by high spending on research and development. Besides, the practice of mergers, acquisitions or strategic partnerships has become essential for enhancing market positions and extending international presence as well as meeting the healthcare industry evolving requirements and regulations.

Vital Sign Monitoring Devices Market Companies

Some of the eminent market participants operating in the vital sign monitoring devices industry include:

• A&D Company
• Baxter International
• Beurer
• BPL Medical Technologies
• Contec Medical Systems
• Dr Trust
• GE Healthcare
• Koninklijke Philips
• Masimo Corporation
• Medtronic
• Nihon Kohden Corporation
• Nonin Medical
• Omron Healthcare
• Smiths Group
• SunTech Medical
  

USPs for Key Players:

• Koninklijke Philips: Offers cutting-edge, AI-powered vital sign monitoring systems with seamless connectivity for real-time patient data analysis across healthcare settings.
  
• Masimo Corporation: Pioneers in non-invasive monitoring technology, delivering highly accurate pulse oximetry and advanced sensor innovations for continuous patient monitoring.
  
• Nihon Kohden Corporation: Specializes in high-precision vital sign monitors with robust telemetry and wireless solutions, ensuring efficient patient management in hospitals and critical care units.
  

Vital Sign Monitoring Devices Industry News:

• In June 2023, Masimo Corporation announced the FDA approval of its Radius VSM, a patient-worn, continuous, multi-parameter vital signs monitor. The Radius VSM allows healthcare providers to continuously monitor multiple physiological parameters, including Masimo SET pulse oximetry, noninvasive blood pressure, temperature, respiration rate, and ECG readings.
  
• In August 2022, Medtronic announced an exclusive U.S. partnership with BioIntelliSense to distribute the BioButton multi-parameter wearable for continuous monitoring in hospitals and during 30-day post-acute care at home. This collaboration allows Medtronic’s Patient Monitoring division to offer a medical-grade device for continuous vital sign tracking for general care patients, both in-hospital and post-discharge.   
  

The vital sign monitoring devices market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:

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Market, By Product

• Blood pressure monitoring
  • Aneroid blood pressure monitors
  • Digital blood pressure monitor
  • Blood pressure instrument accessories
• Pulse oximeters
  • Fingertip pulse oximeters
  • Hand-held pulse oximeters
  • Wrist-worn pulse oximeters
  • Table-top/Bedside pulse oximeters
  • Pulse oximeter accessories
• Temperature monitoring devices
  • Mercury filled thermometers
  • Digital thermometers
  • Infrared thermometers
  • Temperature monitoring device accessories
• Other products

Market, By End User

• Hospitals and clinics
• Homecare
• Ambulatory surgery centers
• Other end users

The above information is provided for the following regions and countries:

• North Americ 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific 
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • South Africa
  • Saudi Arabia
  • UAE