Portland, OR, July 21, 2020 (GLOBE NEWSWIRE) -- The Vital Signs Monitoring Devices Market size generated $4.65 billion in 2018, and are estimated to reach $7.81 billion by 2026, registering a CAGR of 6.6% from 2019 to 2026. The report offers an extensive analysis of changing market trends, top winning strategies, business performance, major players’ profile, and competitive heat map.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/527
Technological developments, demand for portable monitoring device, and surge in incidence of diseases drive the growth of the global vital signs monitoring devices market. However, lack of awareness in emerging economies hinders the market growth. On the other hand, availability of proactive monitoring and rise in expenditure on personal healthcare create new opportunities in the coming years.
Covid-19 scenario:
- The demand for vital signs monitoring devices has been increased due to the rise in number of patients affected by Covid-19.
- Moreover, decline in working hours in factories and restrictions on supply chain led to the shortage of medical equipment in the market.
The report offers a detailed segmentation of the global vital signs monitoring devices market based on product type, end user, and region.
Get detailed COVID-19 impact analysis on the Vital Signs Monitoring Devices Market
Based on product type, the blood pressure monitoring devices segment contributed to the highest share in 2018, holding half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the pulse oximetry devices segment is expected to register the highest CAGR of 7.1% from 2019 to 2026.
Based on end user, the ambulatory surgical centers segment accounted for the largest share in 2018, holding more than half of the total share, and is expected to maintain the largest share throughout the forecast period. Moreover, the same segment is estimated to portray the highest CAGR of 7.7% during the forecast period.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/527
Based on region, North America contributed the highest share, accounting for nearly two-fifths of the total market share in 2018, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 8.1% from 2019 to 2026.
Leading market players analyzed in the research include Halma plc (SunTech Medical, Inc.), Omron Corporation, Hill-Rom Holdings, Inc., General Electric Company, Nonin Medical, Inc., Nihon Kohden Corporation, Masimo Corporation, A&D Company, Limited, Medtronic plc, Koninklijke Philips N.V., Contec Medical System Co., Ltd, and Smiths Group plc.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Similar Reports:
Immunosuppressants Market is expected To Reach $42,511.37 Million By 2026
STD Testing Market To Hit $133.9 Billion By 2025
Hemodialysis Market to Reach $99,747 million by 2025
Electronic Health Records (EHR) Market Expected to Grow At CAGR of 5.0%
Prefilled Syringes Market Size to Top $7,212 Million, at CAGR of 10.5%
Impact of COVID-19 on Mobile Health Market to Reach Valuation of $230.41 Billion by 2027
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.