Global Vital Parameter Monitoring Devices And Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Pulse Oximeters;

Table-top/Bedside Pulse Oximeters, Fingertip Pulse Oximeters, Hand-held Pulse Oximeters, Wrist-worn Pulse Oximeters and Pediatric Pulse Oximeters.

By Temperature Monitoring Devices;

Digital Thermometers, Infrared Thermometers and Temperature Strips.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn100644298 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Vital Parameter Monitoring Devices And Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Vital Parameter Monitoring Devices And Equipment Market was valued at USD 9,756.58 million. The size of this market is expected to increase to USD 15,271.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.

The global vital parameter monitoring devices and equipment market has witnessed a significant surge in demand, driven by a confluence of factors ranging from the rising prevalence of chronic diseases to the increasing geriatric population worldwide. These devices play a crucial role in continuously tracking various physiological parameters such as heart rate, blood pressure, respiratory rate, and temperature, providing invaluable data for healthcare professionals to monitor patient health in real-time.

Technological advancements have propelled the market forward, with innovations like wearable devices, wireless connectivity, and cloud-based monitoring systems enhancing the efficiency and accessibility of vital parameter monitoring. Moreover, the COVID-19 pandemic has underscored the importance of remote patient monitoring, further accelerating the adoption of these devices across healthcare settings.

As healthcare systems continue to prioritize preventive care and remote monitoring solutions, the vital parameter monitoring devices and equipment market is poised for sustained growth. Manufacturers are focusing on developing user-friendly, accurate, and cost-effective solutions to meet the evolving needs of healthcare providers and patients, thereby driving further expansion of the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Pulse Oximeters
    2. Market Snapshot, By Temperature Monitoring Devices
    3. Market Snapshot, By Region
  4. Global Vital Parameter Monitoring Devices And Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Rising Healthcare Awareness
        3. Increasing Chronic Diseases
      2. Restraints
        1. High Cost of Devices
        2. Regulatory Hurdles
        3. Limited Healthcare Infrastructure
      3. Opportunities
        1. Emerging Markets
        2. Remote Patient Monitoring
        3. Personalized Healthcare Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Vital Parameter Monitoring Devices And Equipment Market, By Pulse Oximeters, 2021 - 2031 (USD Million)
      1. Table
        1. top/Bedside Pulse Oximeters
        2. Fingertip Pulse Oximeters
        3. Hand-held Pulse Oximeters
        4. Wrist-worn Pulse Oximeters
        5. Pediatric Pulse Oximeters
    2. Global Vital Parameter Monitoring Devices And Equipment Market, By Temperature Monitoring Devices, 2021 - 2031 (USD Million)
      1. Digital Thermometers
      2. Infrared Thermometers
      3. Temperature Strips
    3. Global Vital Parameter Monitoring Devices And Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Welch Allyn (Hill-Rom Holdings)
      2. SunTech Medical (Halma plc)
      3. Masimo Corporation
      4. General Electric Company
      5. Medtronic plc
  7. Analyst Views
  8. Future Outlook of the Market