North America commands the vital signs monitoring devices market with over 40% market share, followed by Europe. The North American and European vital signs monitors markets is expected to reach $1,307.6 million and $907.0 million, respectively, by the end of 2013. They have been driving the market significantly, owing to the rising number of elderly people across these economies. The European market is expected to witness a boost in demand owing to the rising demand for home health patient monitoring devices due to changing demographics and lifestyles.
Vital signs monitoring devices market companies profiled in this report include A&D Medical, Contec Medical Systems, Covidien PLC, GE Healthcare, Hicks Thermometers (India) Limited, Masimo Corporation, Mindray, Nihon Kohden, Nonin Medical, Omron Healthcare, INC, Philips Healthcare, Spacelabs Healthcare, INC, Suntech Medical, INC and Welch Allyn INC. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=110269 .
However, Asian markets witness the highest growth rates owing to the rising demand for these devices for easier and faster vital signs monitoring devices at clinics as well as for home health. The new markets that are expected to grow at a brisk pace are emerging economics such as China, India, Japan and other regions of Asia-Pacific, and untapped markets in European regions.
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. 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.
Global Vital Signs Monitors Market - By Product
BP monitoring devices
Temperature monitoring devices
Global Vital Signs Monitors Market - By Geography
Rest of the World (RoW)
Explore more reports on patient monitoring devices market as well as other medical devices at http://www.rnrmarketresearch.com/reports/life-sciences/medical-devices.
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