Vital Sign Monitoring Devices Market Trends and Industry Overview, 2025
Posted by Ryan Shaw on August 27th, 2019
The global Vital Sign Monitoring Devices Market is expected to reach USD 7.1 billion by 2025, according to a new report by Grand View Research, Inc. Continuous efforts towards new product development, spurring demand for the home healthcare services, increasing prevalence of chronic diseases and rising number of healthcare settings are driving factor for the remunerative growth of the market.
Development of comprehensive vital sign monitors which can monitor blood pressure, pulse and temperature is notable example of the development in this sector. Moreover, development of wireless and portable devices improved patient compliance is focal area of the development for the vital sign monitoring devices.
The prevalence of chronic diseases is exponential over the decade, this can be accountable to the sedentary lifestyle, pollution and stress. As a result, the prevalence of diseases such as diabetes mellitus, hypertension, allergies and respiratory disorders has increased rapidly. Hence, government, independent healthcare organizations, and private players are engaged in creating awareness about to take precautionary and preventive measures. This increasing awareness has led to increased demand for these devices in hospital and home use.
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About the AuthorRyan Shaw
Joined: August 11th, 2017
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