Asia Pacific Vital Signs Monitoring Market Size & Outlook
Asia Pacific vital signs monitoring market, 2018-2030 (US$M)
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Asia Pacific vital signs monitoring market highlights
- The Asia Pacific vital signs monitoring market generated a revenue of USD 1,868.2 million in 2023.
- The market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, blood pressure monitors was the largest revenue generating product in 2023.
- Other Vital Sign Monitors is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,868.2 million |
| Market revenue in 2030 | USD 3,497.7 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Blood pressure monitors |
| Fastest growing segment | Other Vital Sign Monitors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Pressure Monitors, Pulse Oximeters, Temperature Monitoring Devices, Other Vital Sign Monitors |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Nihon Kohden Corp, GE HealthCare Technologies Inc Common Stock, Masimo Corp, OMRON Corp, A&D Medical, Nonin Medical, SunTech Medical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.0% of the global vital signs monitoring market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,497.7 million by 2030.
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Vital Signs Monitoring Market Scope
Vital Signs Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific vital signs monitoring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vital signs monitoring market will help companies and investors design strategic landscapes.
Blood pressure monitors was the largest segment with a revenue share of 48.32% in 2023. Horizon Databook has segmented the Asia Pacific vital signs monitoring market based on blood pressure monitors, pulse oximeters, temperature monitoring devices, other vital sign monitors covering the revenue growth of each sub-segment from 2018 to 2030.
The segment driving growth in this region is Japan, due to its reimbursement schemes and the increasing awareness about vital sign monitors. Additionally, countries like India may be driving growth in the vital sign monitoring sector, due to increased penetration of health insurance and increasing ease of use homecare monitoring devices.
The increasing in cases of noncommunicable diseases may also be a contributing factor to the growth of vital sign monitors. There is also increase in medical tourism in this regions with countries like Singapore and Thailand.
Due to increase in medical tourism there is an increase in the number of hospitals and patient care centers which is may increase the demand for vital sign monitors. The regulatory requirements in this sector are also not very stringent and most of the expenditure on health is out-of-pocket expenditure.
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Target buyers of Asia Pacific vital signs monitoring market databook
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Our clientele includes a mix of vital signs monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific vital signs monitoring market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific vital signs monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific vital signs monitoring market size, by country, 2018-2030 (US$M)
Asia Pacific Vital Signs Monitoring Market Outlook Share, 2023 & 2030 (US$M)
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