Vital Signs Monitoring Market: 6.81% CAGR Growth Forecast to 2020
PUNE, India, Oct. 28, 2016 /PRNewswire-iReach/ -- The global vital signs monitoring market analyst says 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.
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Complete report on vital signs monitoring market spread across 70 pages, analyzing 4 major companies and providing 45 data exhibits is now available at http://www.reportsnreports.com/reports/729162-global-vital-signs-monitoring-devices-market-2016-2020.html
The following companies are 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.
According to the vital signs monitoring market 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. Order a copy of Global Vital Signs Monitoring Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=729162
The Americas was the major revenue contributor during 2015 and is expected to lead the vital signs monitoring market over the coming years. The US is a major market for blood pressure monitors in this region. The recent increase in the number of public awareness campaigns by government and non-government organizations for cardiovascular diseases have compelled many people to undergo regular tests and check-ups.
The body temperature monitoring devices segment accounted for the majority of revenue market shares and is likely to lead the vital signs monitoring market during the forecast period. Temperature monitoring is an essential element in modern healthcare as temperature affects numerous physiological factors of a patient. As a result, vendors are focusing on incorporating novel technologies and creating awareness about the use of these devices. Conventional mercury-based thermometers, non-contact infrared thermometer devices, and digital thermometers are some of the different varieties of temperature monitoring devices available in vital signs monitoring market.
Global Vital Signs Monitoring Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated from the sales of vital signs monitoring devices.
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