Global Vital Signs Monitoring Market accounted value of 6.5% till 2024

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Global Vital Signs Monitoring Market
Global Vital Signs Monitoring Market is Poised to
Grow at 6.5 till 2024
Global Vital Signs Monitoring Marketis expected
to reach USD 6,696.59 million by 2024 from USD
4,125.00 million in 2016, at a CAGR of 6.5 in
the forecast period 2017 to 2024. The new market
report contains data for historic year 2015, the
base year of calculation is 2016 and the forecast
period is 2017 to 2024. 
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Report Description
The global vital signs monitoring market is
highly concentrated market with major key players
and local players to cater the domestic market.
KONINKLIJKE PHILIPS N.V. is dominating the vital
signs monitoring market followed by Medtronic and
GE Healthcare along with others such as Welch
Allyn, Inc., AD Medical, CAS Medical Systems,
Inc., Spacelabs Healthcare, Inc., Boston
Scientific, Nonin Medical, Natus Medical, Hicks
Thermometers (India) Limited, and Halma plc among
others holds 18.1 of the global vital signs
monitoring market in 2016.
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Key Drivers

• Factors such as growing geriatric population and
  chronic diseases, technological development,
  rising demand of non-contact thermometers, rising
  incidence of hypertension, rapidly changing
  lifestyle are fuel the growth of vital signs
  monitoring market.

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Market Segmentation

• On the basis of product type the global vital
  signs monitoring market is segmented into blood,
  pressure monitoring, pulse oximeter, temperature
  monitoring device. In 2018, blood pressure
  monitoring segment is expected to dominate the
  global vital signs monitoring market with the
  highest market share in the forecast period 2018
  to 2025.
• On the basis of type the global vital signs
  monitoring market is categorized into non-
  integrated system, integrated system vital signs
  monitoring.
• On the basis of portability global vital signs
  monitoring market is segmented into standalone,
  portable. In 2018, standalone segment is expected
  to dominate the global vital signs monitoring
  market with the highest market share in the
  forecast period 2018 to 2025.

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Competitive Landscape
The global vital signs monitoring market is
highly fragmented with various companies
operating in local regions. The major players
have used various strategies such as new product
launches, expansions, agreements, joint ventures,
partnerships, acquisitions, and others to
increase their footprints in this market.  
 Some of the major players operating in this
market are Welch Allyn, Inc., AD Medical, Contec
Medical Systems, Medtronic, GE Healthcare, Masimo
Corporation, Mindray Medical International
Limited, Nihon Kohden, Omron Healthcare, Inc.,
Philips Healthcare among others.
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