UK Vital Signs Monitoring Market Size & Outlook, 2023-2030
UK vital signs monitoring market, 2018-2030 (US$M)
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UK vital signs monitoring market highlights
- The UK vital signs monitoring market generated a revenue of USD 321.6 million in 2023 and is expected to reach USD 631.4 million by 2030.
- The UK market is expected to grow at a CAGR of 10.1% 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.
Vital signs monitoring market data book summary
| Market revenue in 2023 | USD 321.6 million |
| Market revenue in 2030 | USD 631.4 million |
| Growth rate | 10.1% (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 |
Other key industry trends
- In terms of revenue, UK accounted for 3.3% of the global vital signs monitoring market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy vital signs monitoring market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 631.4 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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UK 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 UK 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.
There has been a decline in the UK economy due to the Brexit. This has impacted the healthcare spending and new device reimbursement approvals majorly. There are more frequent price fluctuations in the various treatment options.
Thus, the medical device market has decreased due to the Brexit. This may cause decrease in the demand for vital sign monitors and reduce the market size for this particular segment in the industry.
The regulatory approval process for medical devices may not change as the country is expected to sign the European Economic Area (EEA) agreement or the European Free Trade Association (EFTA) agreement.
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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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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 country-level data and insights on the UK vital signs monitoring market , including forecasts for subscribers. This country databook contains high-level insights into UK vital signs monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK vital signs monitoring market size, by product, 2018-2030 (US$M)
UK Vital Signs Monitoring Market Outlook Share, 2023 & 2030 (US$M)
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