Market revenue in 2023 | USD 431.7 million |
Market revenue in 2030 | USD 735.9 million |
Growth rate | 7.9% (CAGR from 2023 to 2030) |
Largest segment | Blood pressure monitors |
Fastest growing segment | Other Vital Sign Monitors |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 Brazil 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.
Brazil is a growing economy, having special focus on the healthcare segment. Most of the exports of Brazil are high-end home health care products. Thus, there is growth expected in the home care vital sign monitor segment in this country.
In addition to this, the government may be planning to introduce stringent regulation about the quality of medical devices. For companies which are looking to enter the Brazilian medical device market, the only drawback may be the political instability and the recent economic recession.
The vital sign monitor market of Brazil is dominated by blood pressure monitors which contribute to 41.36%, followed by pulse oximeters which contribute about 36.25%, followed by thermometers which contribute to about 13.39%, and 9.00% is contributed by other vital sign monitors.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil vital signs monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Brazil vital signs monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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