Vital Parameter Monitoring Devices And Equipment Global Market 2024 To Reach $10.51 Billion By 2028 At Rate Of 7.2%

Vital Parameter Monitoring Devices And Equipment Market Growth Outlook Through 2024-2033

LONDON, GREATER LONDON, UNITED KINGDOM, September 12, 2024 /EINPresswire.com/ — The vital parameter monitoring devices and equipment market has experienced robust growth in recent years, expanding from $7.33 billion in 2023 to $7.95 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to aging population, chronic diseases, patient empowerment, healthcare digitization.

Strong Future Growth Anticipated
The vital parameter monitoring devices and equipment market is projected to continue its strong growth, reaching $10.51 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to remote patient monitoring, personalized medicine, preventive healthcare, value-based healthcare.

Explore Comprehensive Insights Into The Global Vital Parameter Monitoring Devices And Equipment Market With A Detailed Sample Report:

Growth Driver Of The Vital Parameter Monitoring Devices And Equipment Market
The increase in the geriatric population is expected to boost the growth of the vital parameter monitoring devices and equipment market going forward. The geriatric population refers to the percentage of people 65 and older to those between the ages of 18 and 64 who are employed. The increasing elderly population globally requires continuous monitoring of vital signs, contributing to the demand for monitoring devices and equipment.

Make Your Report Purchase Here And Explore The Whole Industry’s Data As Well:

Major Players And Market Trends
Key players in the vital parameter monitoring devices and equipment market include Hill-Rom Holdings Inc., Halma PLC, Masimo Corporation, General Electric Company, Medtronic PLC, Nihon Kohden Corporation.
Major companies operating in the vital parameter monitoring devices and equipment market are developing new products such as ambulatory blood pressure monitoring tools to meet larger customer bases, more sales, and increase revenue. Ambulatory Blood Pressure Monitoring (ABPM) refers to a medical diagnostic tool used to monitor a patient’s blood pressure over an extended period, typically 24 hours or longer, while they go about their daily activities.

Segments:
1) By Product Type: Blood Pressure Monitoring Devices, Pulse Oximeters, Temperature Monitoring Devices
2) By Blood Pressure Monitoring Devices: Aneroid BP Monitors, Digital BP Monitors, Ambulatory BP Monitors, Blood Pressure Instrument Accessories
3) By Pulse Oximeters: Table-top/Bedside Pulse Oximeters, Fingertip Pulse Oximeters, Hand-held Pulse Oximeters, Wrist-worn Pulse Oximeters, Pediatric Pulse Oximeters
4) By Temperature Monitoring Devices: Digital Thermometers, Infrared Thermometers, Temperature Strips
5) By End User: Hospitals, Clinics, Ambulatory Surgery Centers, Home Care Settings

Geographical Insights: Asia-Pacific Leading The Market
Asia-Pacific was the largest region in the global vital parameter monitoring devices and equipment market in 2023. North America was the second-largest region in the vital parameter monitoring devices and equipment market share. The regions covered in the vital parameter monitoring devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Vital Parameter Monitoring Devices And Equipment Market Definition
Vital parameter monitoring devices and equipment are used to monitor critical parameters such as blood pressure, heart rate, and other physiological parameters.

Vital Parameter Monitoring Devices And Equipment Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Vital Parameter Monitoring Devices And Equipment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on vital parameter monitoring devices and equipment market size, vital parameter monitoring devices and equipment market drivers and trends, vital parameter monitoring devices and equipment market major players, vital parameter monitoring devices and equipment competitors’ revenues, vital parameter monitoring devices and equipment market positioning, and vital parameter monitoring devices and equipment market growth across geographies. The vital parameter monitoring devices and equipment market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:
Patient Monitoring Devices Global Market Report 2024

Patient Blood Management Global Market Report 2024

Patient Handling Equipment Global Market Report 2024

About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
[email protected]
Visit us on social media:
Facebook
X
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.