Global Vital Parameter Monitoring Devices And Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Vital Parameter Monitoring Devices And Equipment Market Report by The Business Research Company covers vital parameter monitoring devices and equipment market drivers and restraints, vital parameter monitoring devices and equipment market size, major players, and the impact of COVID-19 on the vital parameter monitoring devices and equipment market.
The vital parameter monitoring devices and equipment market consists of sales of vital parameter monitoring devices and equipment and related services. Vital parameter monitoring devices are used to monitor critical parameters such as blood pressure, heart rate, and other physiological parameters.
Increase in geriatric population globally is driving the vital parameter monitoring devices and equipment market. Old people are more prone to medical conditions and diseases and require monitoring of vital health parameters.
The global vital parameter monitoring devices and equipment market is expected to decline from $7.37 billion in 2020 to $7.32 billion in 2021 at a compound annual growth rate (CAGR) of -0.7%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $9.51 billion in 2025 at a CAGR of 6.8%.
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Some vital parameter monitoring devices and equipment market trends include increased investment in the research and development of wearable health devices (WHDs). WHDs are smart electronic devices that can be worn by a consumer and are capable of tracking information related to health and fitness. These devices facilitate better monitoring of health and can help in early diagnosis and guidance from doctors.
Global vital parameter monitoring devices and equipment market segments include:
1) By Product Type: Blood Pressure Monitoring Devices, Pulse Oximeters, Temperature Monitoring Devices.
2) By End User: Hospitals, Clinics, Ambulatory Surgery Centres, Home Care Settings.
3) By Blood Pressure Monitoring Devices: Aneroid BP Monitors, Digital BP Monitors, Ambulatory BP Monitors, Blood Pressure Instrument Accessories.
4) By Pulse Oximeters: Table-Top/Bedside Pulse Oximeters, Fingertip Pulse Oximeters, Hand-Held Pulse Oximeters, Wrist-Worn Pulse Oximeters, Pediatric Pulse Oximeters.
5) By Temperature Monitoring Devices: Digital Thermometers, Infrared Thermometers, Temperature Strips.
6) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Vital Parameter Monitoring Devices And Equipment Global Market Report 2021: COVID 19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides vital parameter monitoring devices and equipment market overviews, analyzes and forecasts market size, share, vital parameter monitoring devices and equipment market players, vital parameter monitoring devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The vital parameter monitoring devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Vital Parameter Monitoring Devices And Equipment Global Market Report 2021: COVID 19 Implications And Growth to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Welch Allyn (Hill-Rom Holdings), SunTech Medical (Halma plc), Masimo Corporation, General Electric Company, Medtronic plc, Nihon Kohden Corporation, Koninklijke Philips N.V., A&D Company, Contec Medical Systems Co, Nonin Medical, Omron Corporation, Smiths Group plc, Spacelabs Healthcare, CAS Medical Systems, Dragerwerk AG & Co, Briggs Healthcare, OSI Systems, Mindray Medical International Limited, Caretaker Medical LLC, Shenzhen Mindray Bio-Medical Electronics Co, Boston Scientific Corporation, HICKS, COVIDIEN PLC, MINDRAY.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Vital Parameter Monitoring Devices And Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Vital Parameter Monitoring Devices And Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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