Dallas, Texas (PRWEB) August 08, 2013
The global vital signs monitoring devices market includes emergency support and care services and devices, which can be used not only at clinics, but also at a patient’s home. The most significant healthcare trend witnessed recently is the shift of treatment from hospitals to home in order to gain a cost advantage and reduce hospital expenditure. The move from treatment to proactive monitoring is also opening up new opportunities for home monitoring devices. Patients prefer home monitoring equipment over hospitals mainly for the convenience and cost-effectiveness it offers.
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This market is witnessing tremendous growth due to a rise in the aging population, not only in the developed regions of the world, but also in developing countries. Awareness of the convenience and cost effectiveness offered by these equipment and services is also increasing the demand for this market. Asia displays a high CAGR owing to the rapidly increasing aging population in countries such as India, China, and Japan. The Americas also maintains a stable growth mainly due to reimbursements offered for specific equipment and the health policies of Medicaid and Medicare.
The global vital signs monitoring market was valued at $3,148 million in the year 2012 and is market is poised to grow at a CAGR of 6.61% from the year 2013, reaching approximately $4,375 million by 2018.
Scope of the Report
This research report categorizes the global vital signs monitoring market into geography, and by product. The market is further broken down by geography, with exhaustive revenue analysis, as well as the forecast up to 2018.
Table of Contents
7 Key Company Profiles
7.1 A&D Medical
7.2 Contec Medical Systems
7.3 Covidien PLC
7.4 GE Healthcare
7.5 Hicks Thermometers (India) Limited
7.6 Masimo Corporation
7.8 Nihon Kohden
7.9 Nonin Medical
7.10 Omron Healthcare, INC
7.11 Philips Healthcare
7.12 Spacelabs Healthcare, INC
7.13 Suntech Medical, INC
7.14 Welch Allyn INC
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