Vital Signs Monitoring Market - Forecast(2020 - 2025)
Vital Signs Monitoring Market Overview: Approximately 200,000 in-hospital cardiac arrests amongst adults occur annually in the U.S. [1] This has rendered the hospital staff with complete reliance on early identification of risks with the help of vital signs monitoring and visual assessment. This has provided noticeable impetus to the vital signs monitoring market, which continuously gains considerable demand from hospitals worldwide. Though consumers can now buy wearable devices, which serve as vital signs monitoring apparatus, but hospitals and clinics will remain the primary end-users for this market. This application segment is evaluated to attain to grow with a CAGR of 7.33% during the forecast period of 2019-2025. The vital signs monitoring market will grow due to rise of health awareness and chronic illnesses. In 2018, the global market size stood at $4,426.28 million, which is expected to grow at a CAGR of 6.28%. Vital Signs Monitoring Market Outlook:...