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Vital Sign Monitoring Devices Market Share

Report ID: GMI5453
Published Date: Dec 2024
Report Format: PDF

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Vital Sign Monitoring Devices Market Share

The market is fragmented and competitive, with many established players and innovative startups. A key strategy in this market is the consistent introduction of new and compact vital sign monitoring devices. The growth of wearable technologies and AI-driven devices has attracted many smaller companies and startups. These companies often focus on developing lightweight, user-friendly devices for non-clinical use. Many new entrants aim to capture the remote patient monitoring, which has grown due to the demand for telehealth. Industry leaders, with significant influence, often lead advancements supported by large investments in research and development. Additionally, mergers, acquisitions, and strategic partnerships have become crucial for strengthening market positions and expanding global reach while adapting to changing healthcare needs 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

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The global vital signs monitoring devices industry exceeded USD 5.6 billion in 2024 and is projected to grow at a CAGR of 8.2% from 2025 to 2034, driven by the increasing prevalence of chronic diseases worldwide.

Blood pressure monitors accounted for 48.9% of the market share in 2024, supported by the rising incidence of hypertension globally.

The North American vital signs monitoring devices market, led by the U.S., generated approximately USD 2.1 billion in 2024, driven by a robust healthcare infrastructure and widespread adoption in hospitals, clinics, and home care settings.

Key players in the market include A&D Company, Baxter International, Beurer, BPL Medical Technologies, Contec Medical Systems, Dr Trust, GE Healthcare, Koninklijke Philips, Masimo Corporation, Medtronic, and Nihon Kohden Corporation.