Global Vital Signs Monitoring Devices Market 2016-2020

  • ID: 3940966
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Briggs Healthcare
  • Edan Instruments
  • Masimo
  • Microlife
  • Nihon Kohden
  • Omron Healthcare
  • MORE
About Vital Signs Monitoring Devices

Vital sign monitors are used to measure body temperature, heart rate, respiration rate, and blood pressure. Vital signs can be measured, monitored, and observed with the use of several diagnostic devices. These devices have applications in both fitness monitoring and medical diagnostics. It also provides information related to abnormalities of a patient to medical professionals, representing further medical attention for the treatment of vital signs.

The analysts forecast the global vital signs monitoring market to grow at a CAGR of 6.81% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global vital signs monitoring market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of vital signs monitoring devices.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Vital Signs Monitoring Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Medtronic
- Philips Healthcare
- Smiths Medical
- Welch Allyn

Other prominent vendors
- Briggs Healthcare
- Drägerwerk
- Edan Instruments
- ERKA
- Masimo
- Microlife
- Mindray Medical International
- Nihon Kohden
- Nonin Medical
- Omron Healthcare
- Spacelabs Healthcare
- Withings

Market drivers
- Paradigm shift toward minimally and non-invasive hemodynamic monitoring

Market challenges
- Competitive pricing pressure and presence of counterfeit products

Market trends
- Growing adoption of product bundling strategy by vendors

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Briggs Healthcare
  • Edan Instruments
  • Masimo
  • Microlife
  • Nihon Kohden
  • Omron Healthcare
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Patient monitoring devices
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Body temperature monitoring devices
  • Blood pressure monitoring devices
  • Pulse oximeters monitoring devices
PART 07: Market segmentation by end-user
  • Hospitals
  • ASCs
  • Other settings
PART 08: Geographical segmentation
  • Vital signs monitoring devices market in Americas
  • Vital signs monitoring devices market in EMEA
  • Vital signs monitoring devices market in APAC
PART 09: Market drivers
  • Paradigm shift toward minimally and non-invasive hemodynamic monitoring
  • Evolution of remote patient monitoring equipment
  • High demand for advanced algorithm-based monitoring equipment
  • Increased focus on online promotional and marketing strategies
  • Improved reimbursement facilities for blood pressure monitors
  • Increase in demand for home care monitoring equipment
  • Vital signs monitoring over a wireless network
PART 10: Impact of drivers

PART 11: Market challenges
  • Competitive pricing pressure and presence of counterfeit products
  • Intense competition among vendors
  • Increasing threat from alternatives
  • Continued market domination of existing vendors
  • Challenges related to business and regulatory issues
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Growing adoption of product bundling strategy by vendors
  • Remote hemodynamic monitoring
  • Growing use of multiparameter vital sign devices
  • Advances in technology
  • Improving focus on preventive treatment
PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Key vendor analysis
  • Geographic presence: Key vendor analysis
  • Medtronic
  • Philips Healthcare
  • Smiths Medical
  • Welch Allyn
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Growth opportunities of vital signs monitoring devices market in key applications
Exhibit 03: Global vital signs monitoring devices market
Exhibit 04: Global vital signs monitoring devices market 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global vital signs monitoring devices market 2015
Exhibit 07: Comparative study of different thermometers in determining presence of fever
Exhibit 08: Market enablers (+) and constraints (-) of conventional mercury-based thermometers
Exhibit 09: Low-cost non-contact infrared thermometers: Product matrix
Exhibit 10: Medium-cost non-contact infrared thermometers: Product matrix
Exhibit 11: High-cost non-contact infrared thermometers: Product matrix
Exhibit 12: Benefits of non-contact infrared thermometers
Exhibit 13: Comparative analysis of different wireless technologies for temperature monitoring
Exhibit 14: Advanced product offerings in temperature monitoring devices
Exhibit 15: Classification of sphygmomanometers
Exhibit 16: Pros and cons of mercury sphygmomanometers
Exhibit 17: Pros and cons of aneroid sphygmomanometers
Exhibit 18: Types of aneroid sphygmomanometers
Exhibit 19: Pros and cons of digital sphygmomanometers
Exhibit 20: Pros and cons of hybrid sphygmomanometers
Exhibit 21: Global vital signs monitoring devices market by geography 2015
Exhibit 22: Vital signs monitoring devices market in Americas 2015
Exhibit 23: Vital signs monitoring devices market in Americas 2015-2020 ($ billions)
Exhibit 24: Vital signs monitoring devices market in EMEA 2015
Exhibit 25: Vital signs monitoring devices market in EMEA 2015-2020 ($ billions)
Exhibit 26: Vital signs monitoring devices market in APAC 2015
Exhibit 27: Vital signs monitoring devices market in APAC 2015-2020 ($ millions)
Exhibit 28: Impact of drivers
Exhibit 29: Impact of drivers and challenges
Exhibit 30: Medtronic: Profile
Exhibit 31: Medtronic: Strength analysis
Exhibit 32: Medtronic: Growth strategy matrix
Exhibit 33: Medtronic: Opportunity assessment
Exhibit 34: Philips Healthcare: Profile
Exhibit 35: Philips Healthcare: Strength analysis
Exhibit 36: Philips Healthcare: Growth strategy matrix
Exhibit 37: Philips Healthcare: Opportunity assessment
Exhibit 38: Smiths Medical: Profile
Exhibit 39: Smiths Medical: Strength assessment
Exhibit 40: Smiths Medical: Growth strategy analysis
Exhibit 41: Smiths Medical: Opportunity analysis
Exhibit 42: Welch Allyn: Profile
Exhibit 43: Welch Allyn: Strength assessment
Exhibit 44: Welch Allyn: Growth strategy analysis
Exhibit 45: Welch Allyn: Opportunity analysis
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Briggs Healthcare
  • Edan Instruments
  • Masimo
  • Microlife
  • Nihon Kohden
  • Omron Healthcare
  • MORE
New Report Released: - Global Vital Signs Monitoring Market 2016-2020

The author of the report recognizes the following companies as the key players in the global vital signs monitoring market: Medtronic, Philips Healthcare, Smiths Medical, and Welch Allyn

Other Prominent Vendors in the market are: Briggs Healthcare, Drägerwerk, Edan Instruments, ERKA, Masimo, Microlife, Mindray Medical, Nihon Kohden, Nonin Medical, Omron Healthcare, Spacelabs Healthcare, and Withings.

Commenting on the report, an analyst from the research team said: “Vendors are bundling two or more products or services to achieve product differentiation and provide better products. For example, along with vital signs monitors, vendors are offering accessories for patients to monitor their blood pressure levels. Patients consider using such packaged offerings to individual products as they prove to be cost-effective. In addition, vendors have started offering personal testing kits that include blood pressure monitors, thermometers, blood glucose monitors, and pulse oximeters. There is a significant gain in popularity worldwide. This marketing strategy has helped various vendors to take competitive advantage. This trend is expected to show a strong impact on the market growth during the forecast period.”

According to the report, in ICUs, examination and maintenance of adequate organ perfusion in people is necessary. Physicians use pulmonary artery catheterization, an invasive procedure, for adequate organ perfusion. However, this invasive procedure can increase the risks of damage to heart valves and the pulmonary artery, resulting in a decline in its use. Clinicians are opting for minimally invasive technologies such as pulse counters that monitor the hemodynamic condition by analyzing the arterial pressure waveform. This waveform involves the stroke volume of the left ventricle of the heart and physical characteristics of the vascular system during each heartbeat. Physicians are also using non-invasive hemodynamic devices such as Nihon Kohden's esCCO monitor and Edwards Lifesciences' ClearSight system that do not require any additional sensor or special training. These devices use vital sign parameters such as data from electroencephalogram (EEG) and blood pressure rates to provide information about the cardiac output. These minimally invasive and non-invasive hemodynamic monitoring devices are fast replacing invasive devices in the market.

Further, the report states that the market is highly competitive with the presence of a few established vendors and many new and small companies. Both global and local vendors offer a wide range of ambulatory blood pressure monitors, most of which are similar in design and technology. Global companies invest significantly in marketing, promotion, and improvement of their brand quality to gain profit margins. However, the intense competition in the market leads to price wars. This causes global vendors to lower the average selling prices of their devices to compete for high volume and low-cost sales agreements. Vendors also offer discounts, which further contribute to market competition. As a result, vendors, particularly leading companies, are operating on low-profit margins.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Medtronic
- Philips Healthcare
- Smiths Medical
- Welch Allyn
- Briggs Healthcare
- Drägerwerk
- Edan Instruments
- ERKA
- Masimo
- Microlife
- Mindray Medical
- Nihon Kohden
- Nonin Medical
- Omron Healthcare
- Spacelabs Healthcare
- Withings
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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