Vital Signs Monitoring Devices Market size is anticipated to reach USD 18.8 billion by 2030
Vital Signs Monitoring Devices Industry Overview The global vital signs monitoring devices market size was valued at USD 8.6 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030. Constant innovation in products, increasing demand for home healthcare services, rising number of healthcare settings, primarily hospitals, and rising prevalence of chronic disorders are the key drivers responsible for the lucrative growth of this market. Vital signs monitoring devices have evolved over a short duration of time from individual devices measuring Blood Pressure (BP), pulse, and temperature to a combined all-in-one device. In addition, there has been a rise in the number of innovations in this product category, which is fueling market growth. The demand for vital sign monitoring devices like blood pressure monitors, pulse oximeters, and temperature monitoring devices escalated drastically due to the onset of the COVID-19 pandemic ...