This Vital Parameter Monitoring Devices and Equipment market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies. 
The vital parameter monitoring devices and equipment market size has grown strongly in recent years. It will grow from $8.06 billion in 2024 to $8.81 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to aging population, chronic diseases, patient empowerment, healthcare digitization.
The vital parameter monitoring devices and equipment market size is expected to see strong growth in the next few years. It will grow to $12.13 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to remote patient monitoring, personalized medicine, preventive healthcare, value-based healthcare. Major trends in the forecast period include wearable technology, ai and machine learning, telemonitoring expansion, smart home integration.
The growth of the market for vital parameter monitoring devices and equipment is being significantly driven by the increasing geriatric population. This demographic shift refers to the proportion of people aged 65 and older compared to those in the working-age group (between 18 and 64). The global increase in the elderly population necessitates ongoing monitoring of vital signs, which in turn fuels the demand for monitoring devices and equipment. Notably, the World Health Organization (WHO) reported in October 2022 that one in six individuals is expected to be 60 or older by 2030 worldwide, and by 2050, the global population of individuals aged 60 or older will reach 2.1 billion. This includes a substantial increase in the number of people aged 80 or older, projected to grow by 426 million from 2020 to 2050, compared to the current population. Consequently, the expanding geriatric population is a key driver of the vital parameter monitoring devices and equipment market.
The rising prevalence of chronic diseases is poised to further stimulate the growth of the vital parameter monitoring devices and equipment market. Chronic diseases, also known as non-communicable diseases (NCDs), are characterized by their prolonged duration and slow progression. Conditions such as cardiovascular diseases, diabetes, and respiratory disorders are becoming increasingly common, necessitating continuous monitoring of vital signs to effectively manage these health issues. For instance, in September 2023, according to the World Health Organization, a Switzerland-based intergovernmental organization, there were 41 million deaths globally, with 74% of these caused by non-communicable diseases (NCDs) or chronic diseases. Among these, 17.9 million deaths were attributed to cardiovascular diseases, 9.3 million to cancer, 4.1 million to chronic respiratory diseases, and 2 million to diabetes. Therefore, the rising prevalence of chronic diseases is driving the growth of the vital parameter monitoring devices and equipment market.
Vital parameter monitoring devices and equipment companies are increasingly investing in the research and development of wearable health devices (WHDs). WHDs are intelligent electronic devices worn by consumers to track health and fitness-related data. These devices enhance health monitoring, enabling early diagnosis and guidance from healthcare professionals. For example, Sotera Wireless has developed ViSi Mobile, a wearable device capable of monitoring vital parameters such as heart rate, respiration rate, oxygen saturation, pulse rate, and more. VitalTag, developed as part of the Department of Homeland Security Science and Technology Directorate program, can detect and monitor heart rate, blood oxygen levels, body temperature, and blood pressure. Additionally, Current Health has obtained FDA approval for an artificial intelligence-powered wearable device that monitors patients' vital signs both in the hospital and at home.
Major companies operating in the vital parameter monitoring devices and equipment market are focusing on developing innovative products such as Multi-Vital Remote Patient Monitoring (MVRPM) systems to enhance patient care, improve health outcomes, and enable real-time data collection and analysis. These systems facilitate early detection of health issues and reduce hospital readmissions by remotely tracking and analyzing multiple vital signs outside traditional healthcare settings. For instance, in January 2024, Blue Spark Technologies Inc., a US-based company offering remote patient monitoring, launched VitalTraq, an innovative multi-vital remote patient monitoring platform. This platform represents a significant advancement in digital health technology. VitalTraq utilizes Remote Photoplethysmography (rPPG), enabling users to collect vital sign measurements via a simple 30 to 60-second selfie scan. The platform captures key readings such as heart rate, heart rate variability, blood pressure, and respiratory rate - all through a contactless experience.
Major companies operating 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, Koninklijke Philips N.V., A&D Company Limited, Contec Medical Systems Co. Ltd., Nonin Medical Inc., Omron Corporation, Smiths Group plc, Spacelabs Healthcare, CAS Medical Systems Inc., Dragerwerk AG & Co., Briggs Healthcare Corp., OSI Systems Inc., Mindray Medical International Limited, Caretaker Medical LLC, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Boston Scientific Corporation, Hicks Inc., Covidien plc, Bosch GmbH, Biotronik Inc., Intel Corporation, Health anywhere Inc, Johnson & Johnson, Schiller AG, Edwards Lifesciences, Nonin Medical Inc., Hill-Rom Holdings Inc., Midmark Corporation, Baxter International Inc., ICU Medical Inc.
Vital parameter monitoring devices and equipment play a crucial role in monitoring critical physiological parameters such as blood pressure and heart rate. These devices assist in keeping a close watch on an individual's health.
The primary product categories of vital parameter monitoring devices and equipment include blood pressure monitoring devices, pulse oximeters, and temperature monitoring devices. Blood pressure monitoring devices come in various types, including aneroid BP monitors, digital BP monitors, ambulatory BP monitors, and accessories for blood pressure instruments. Pulse oximeters are available as table-top/bedside pulse oximeters, fingertip pulse oximeters, hand-held pulse oximeters, wrist-worn pulse oximeters, and pediatric pulse oximeters. Temperature monitoring devices encompass digital thermometers, infrared thermometers, and temperature strips. These devices find application in hospitals, clinics, ambulatory surgery centers, as well as home care settings.
The vital parameter monitoring devices and equipment market research report is one of a series of new reports that provides vital parameter monitoring devices and equipment market statistics, including vital parameter monitoring devices and equipment industry global market size, regional shares, competitors with a vital parameter monitoring devices and equipment market share, detailed vital parameter monitoring devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the vital parameter monitoring devices and equipment industry. This vital parameter monitoring devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the global vital parameter monitoring devices and equipment market in 2024. 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. The countries covered in the vital parameter monitoring devices and equipment market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa..
The vital parameter monitoring devices and equipment market consist of sales of instruments such as blood pressure monitoring devices, pulse oximeters, and temperature monitoring devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The vital parameter monitoring devices and equipment market size has grown strongly in recent years. It will grow from $8.06 billion in 2024 to $8.81 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to aging population, chronic diseases, patient empowerment, healthcare digitization.
The vital parameter monitoring devices and equipment market size is expected to see strong growth in the next few years. It will grow to $12.13 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to remote patient monitoring, personalized medicine, preventive healthcare, value-based healthcare. Major trends in the forecast period include wearable technology, ai and machine learning, telemonitoring expansion, smart home integration.
The growth of the market for vital parameter monitoring devices and equipment is being significantly driven by the increasing geriatric population. This demographic shift refers to the proportion of people aged 65 and older compared to those in the working-age group (between 18 and 64). The global increase in the elderly population necessitates ongoing monitoring of vital signs, which in turn fuels the demand for monitoring devices and equipment. Notably, the World Health Organization (WHO) reported in October 2022 that one in six individuals is expected to be 60 or older by 2030 worldwide, and by 2050, the global population of individuals aged 60 or older will reach 2.1 billion. This includes a substantial increase in the number of people aged 80 or older, projected to grow by 426 million from 2020 to 2050, compared to the current population. Consequently, the expanding geriatric population is a key driver of the vital parameter monitoring devices and equipment market.
The rising prevalence of chronic diseases is poised to further stimulate the growth of the vital parameter monitoring devices and equipment market. Chronic diseases, also known as non-communicable diseases (NCDs), are characterized by their prolonged duration and slow progression. Conditions such as cardiovascular diseases, diabetes, and respiratory disorders are becoming increasingly common, necessitating continuous monitoring of vital signs to effectively manage these health issues. For instance, in September 2023, according to the World Health Organization, a Switzerland-based intergovernmental organization, there were 41 million deaths globally, with 74% of these caused by non-communicable diseases (NCDs) or chronic diseases. Among these, 17.9 million deaths were attributed to cardiovascular diseases, 9.3 million to cancer, 4.1 million to chronic respiratory diseases, and 2 million to diabetes. Therefore, the rising prevalence of chronic diseases is driving the growth of the vital parameter monitoring devices and equipment market.
Vital parameter monitoring devices and equipment companies are increasingly investing in the research and development of wearable health devices (WHDs). WHDs are intelligent electronic devices worn by consumers to track health and fitness-related data. These devices enhance health monitoring, enabling early diagnosis and guidance from healthcare professionals. For example, Sotera Wireless has developed ViSi Mobile, a wearable device capable of monitoring vital parameters such as heart rate, respiration rate, oxygen saturation, pulse rate, and more. VitalTag, developed as part of the Department of Homeland Security Science and Technology Directorate program, can detect and monitor heart rate, blood oxygen levels, body temperature, and blood pressure. Additionally, Current Health has obtained FDA approval for an artificial intelligence-powered wearable device that monitors patients' vital signs both in the hospital and at home.
Major companies operating in the vital parameter monitoring devices and equipment market are focusing on developing innovative products such as Multi-Vital Remote Patient Monitoring (MVRPM) systems to enhance patient care, improve health outcomes, and enable real-time data collection and analysis. These systems facilitate early detection of health issues and reduce hospital readmissions by remotely tracking and analyzing multiple vital signs outside traditional healthcare settings. For instance, in January 2024, Blue Spark Technologies Inc., a US-based company offering remote patient monitoring, launched VitalTraq, an innovative multi-vital remote patient monitoring platform. This platform represents a significant advancement in digital health technology. VitalTraq utilizes Remote Photoplethysmography (rPPG), enabling users to collect vital sign measurements via a simple 30 to 60-second selfie scan. The platform captures key readings such as heart rate, heart rate variability, blood pressure, and respiratory rate - all through a contactless experience.
Major companies operating 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, Koninklijke Philips N.V., A&D Company Limited, Contec Medical Systems Co. Ltd., Nonin Medical Inc., Omron Corporation, Smiths Group plc, Spacelabs Healthcare, CAS Medical Systems Inc., Dragerwerk AG & Co., Briggs Healthcare Corp., OSI Systems Inc., Mindray Medical International Limited, Caretaker Medical LLC, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Boston Scientific Corporation, Hicks Inc., Covidien plc, Bosch GmbH, Biotronik Inc., Intel Corporation, Health anywhere Inc, Johnson & Johnson, Schiller AG, Edwards Lifesciences, Nonin Medical Inc., Hill-Rom Holdings Inc., Midmark Corporation, Baxter International Inc., ICU Medical Inc.
Vital parameter monitoring devices and equipment play a crucial role in monitoring critical physiological parameters such as blood pressure and heart rate. These devices assist in keeping a close watch on an individual's health.
The primary product categories of vital parameter monitoring devices and equipment include blood pressure monitoring devices, pulse oximeters, and temperature monitoring devices. Blood pressure monitoring devices come in various types, including aneroid BP monitors, digital BP monitors, ambulatory BP monitors, and accessories for blood pressure instruments. Pulse oximeters are available as table-top/bedside pulse oximeters, fingertip pulse oximeters, hand-held pulse oximeters, wrist-worn pulse oximeters, and pediatric pulse oximeters. Temperature monitoring devices encompass digital thermometers, infrared thermometers, and temperature strips. These devices find application in hospitals, clinics, ambulatory surgery centers, as well as home care settings.
The vital parameter monitoring devices and equipment market research report is one of a series of new reports that provides vital parameter monitoring devices and equipment market statistics, including vital parameter monitoring devices and equipment industry global market size, regional shares, competitors with a vital parameter monitoring devices and equipment market share, detailed vital parameter monitoring devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the vital parameter monitoring devices and equipment industry. This vital parameter monitoring devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the global vital parameter monitoring devices and equipment market in 2024. 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. The countries covered in the vital parameter monitoring devices and equipment market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa..
The vital parameter monitoring devices and equipment market consist of sales of instruments such as blood pressure monitoring devices, pulse oximeters, and temperature monitoring devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Executive Summary
Vital Parameter Monitoring Devices and Equipment Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on vital parameter monitoring devices and equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for vital parameter monitoring devices and equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vital parameter monitoring devices and equipment market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Blood Pressure Monitoring Devices; Pulse Oximeters; Temperature Monitoring Devices2) By Blood Pressure Monitoring Devices: Aneroid BP Monitors; Digital BP Monitors; Ambulatory BP Monitors; Blood Pressure Instrument Accessories
3) By Pulse Oximeters: Table-top or 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
Subsegments:
1) By Blood Pressure Monitoring Devices: Digital Blood Pressure Monitors; Aneroid Blood Pressure Monitors; Mercury Sphygmomanometers; Ambulatory Blood Pressure Monitors; Wrist Blood Pressure Monitors2) By Pulse Oximeters: Finger Pulse Oximeters; Handheld Pulse Oximeters; Fingertip Pulse Oximeters; Pediatric Pulse Oximeters; Wrist Pulse Oximeters
3) By Temperature Monitoring Devices: Digital Thermometers; Infrared Thermometers; Ear Thermometers; Forehead Thermometers; Clinical Thermometers
Key Companies Mentioned: Hill-Rom Holdings Inc.; Halma plc; Masimo Corporation; General Electric Company; Medtronic plc
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Vital Parameter Monitoring Devices and Equipment market report include:- Hill-Rom Holdings Inc.
- Halma plc
- Masimo Corporation
- General Electric Company
- Medtronic plc
- Nihon Kohden Corporation
- Koninklijke Philips N.V.
- A&D Company Limited
- Contec Medical Systems Co. Ltd.
- Nonin Medical Inc.
- Omron Corporation
- Smiths Group plc
- Spacelabs Healthcare
- CAS Medical Systems Inc.
- Dragerwerk AG & Co.
- Briggs Healthcare Corp.
- OSI Systems Inc.
- Mindray Medical International Limited
- Caretaker Medical LLC
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- Boston Scientific Corporation
- Hicks Inc.
- Covidien plc
- Bosch GmbH
- Biotronik Inc.
- Intel Corporation
- Health anywhere Inc
- Johnson & Johnson
- Schiller AG
- Edwards Lifesciences
- Nonin Medical Inc.
- Hill-Rom Holdings Inc.
- Midmark Corporation
- Baxter International Inc.
- ICU Medical Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 8.81 Billion |
| Forecasted Market Value ( USD | $ 12.13 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 35 |
