Multi-Parameter Vital Signs and Pulse Oximetry Monitoring Market Size, Share, & COVID-19 Impact Analysis | Global | 2022-2028 | MedCore | Includes: Low-acuity Vital Signs Monitors, Mid-acuity Vital Signs Monitors, Pulse Oximetry Monitors, and 3 more
- Year: 2022
- Scope: 10 Years
- Region: Global
- Type: MedCore
In 2021, the global multi-parameter vital signs monitoring market size was valued at $4.1 billion. The total market size is expected to increase at a compound annual growth rate (CAGR) of 3.9% to exceed $5.4 billion by 2028. Additionally, in 2021 the global pulse oximetry monitoring market size was valued at $2.4 billion. The total market size is expected to increase at a compound annual growth rate (CAGR) of 2.2% to reach $2.7 billion by 2028.
The full report suite on the global market for multi-parameter vital signs monitoring includes low-acuity vital signs monitors, mid-acuity vital signs monitors, high-acuity vital signs monitors and central station devices.
The full report suite on the global market for pulse oximetry monitoring includes pulse oximetry monitors and pulse oximetry monitoring sensors. Pulse oximetry monitors include both bedside and handheld monitors. Pulse oximetry sensors include both disposable and reusable sensors.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2028, and Historical Data to 2018
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Procedure Volumes
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- COVID-19 Impact Analysis
GLOBAL MULTI-PARAMETER VITAL SIGNS MONITORING MARKET TRENDS
One significant trend impacting the market has been the emergence of smaller local competitors in many developing regions and countries. These competitors can usually offer simple, low-cost devices that undercut the prices of the larger companies. Because these local competitors are most prominent in cost-sensitive countries (such as in the Asia-Pacific region), these lower-priced products make for an attractive option for hospitals and other facilities.
GLOBAL PULSE OXIMETRY MONITORING MARKET TRENDS
Growth of the multi-parameter monitoring device market will drive the pulse oximetry market. Almost all multi-parameter devices have pulse oximetry monitoring capabilities. The market for pulse oximetry consumables is directly linked to sales of multi-parameter devices. Monitoring is expected to increase across all healthcare disciplines, especially in low-acuity areas within the hospital and long-term care centers in the alternate care market.
GLOBAL MULTI-PARAMETER VITAL SIGNS MARKET SHARE INSIGHTS
Overall, within the global multi-parameter vital signs monitoring market there are two dominant competitors: Philips Healthcare, and GE Healthcare.Philips Healthcare was the leading competitor in the global multi-parameter vital signs monitoring market. With one of the most extensive product lines of any company in the multi-parameter vital signs monitoring market, Philips Healthcare sold products in each of the four segments of this market.
GLOBAL PULSE OXIMETRY MONITORING MARKET SHARE INSIGHTS
Overall, within the global pulse oximetry monitoring market there are two dominant competitors: Medtronic, and Masimo.Medtronic led the total pulse oximetry monitoring market in 2021. Medtronic is a large multinational corporation that is able to leverage its size and globally recognized brand to compete in the pulse oximetry market in most countries in the world.
MARKET SEGMENTATION SUMMARY
You can view all these included reports and segmentation here:
Multi-parameter Vital Signs Monitoring Market,
- Low-acuity Vital Signs Monitors – In 2021, the global low-acuity vital signs monitoring market grew in the mid-single digits and was the fastest-growing segment of the multi-parameter vital signs market.
- Mid-acuity Monitors – Over the forecast period, the mid-acuity monitoring market is expected to grow at a moderate rate.
- High-acuity Monitors — The high-acuity monitoring market is expected to be the slowest-growing segment of any multi-parameter monitoring devices on a global scale over the forecast period.
- Multi-parameter Vital Signs Central Stations — Over the forecast period, the global market for multi-parameter vital signs central stations is expected to grow at a moderate rate.
Pule Oximetry Monitoring Market,
- Pulse Oximetry Monitors – Includes bedside and handheld monitors.
- Pulse Oximetry Monitoring Sensors – Includes both reusable and disposable sensors.
Global Research Scope Summary
|Regions|| North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
|Quantitative Coverage||Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.|
|Qualitative Coverage||COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.|
|Data Sources||Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.|
All Companies Analyzed in this Study
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