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Vital Signs Monitoring Devices Market Size

  • Report ID: GMI5453
  • Published Date: Mar 2023
  • Report Format: PDF

Vital Signs Monitoring Devices Market Size

Vital Signs Monitoring Devices Market size was worth more than USD 5.2 billion in 2022 and is projected to exhibit 7.8% CAGR from 2023-2032. Growing threat of chronic diseases worldwide is expected to favor the market expansion.

 

The burgeoning patient population driven by the growing burden of several chronic health conditions, specifically cardiac diseases and diabetes will positively influence the vital signs monitoring devices industry progress. The World Health Organization (WHO) estimates that around 17.9 million people die of cardiovascular diseases annually, with 85% responsible for deaths due to heart attacks. The rising popularity of sedentary lifestyles and the paradigm shift towards unhealthy dietary habits, including excessive consumption of smoking and alcohol is accelerating the surge in the number of cardiovascular disorders, further stimulating the market share.  

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for vital signs monitoring devices had reached over USD 5.2 billion in 2022 and will exhibit 7.8% CAGR from 2023-2032.

Ambulatory surgical centers was worth more than USD 1.5 billion in 2022 due to the presence of advanced facilities.

Vital signs monitoring devices market size in North America will surpass USD 4 billion by 2032 due to the rapid adoption rate of pulse oximeters.

Masimo Corporation, SunTech Medical, Inc, Koninklijke Philips N.V, Nihon Kohden Corporation, General Electric Company, and A&D Company Ltd., are a few well-known vital signs monitoring devices industry players.

Vital Signs Monitoring Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 398
  • Countries covered: 27
  • Pages: 342
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