Asia Pacific Vital Signs Monitoring Devices Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The Asia Pacific vital signs monitoring devices market was valued at US$ 5,038.51 million in 2022 and is expected to reach US$ 12,767.41 million by 2030; it is estimated to grow at a CAGR of 12.3% from 2022 to 2030.

Rise in Need for Remote Patient Monitoring Fuels the Asia Pacific Vital Signs Monitoring Devices Market

The demand for vital signs monitoring devices surged exponentially during the COVID-19 pandemic. Moreover, there was a sudden increase in Medicare Advantage claims during the COVID-19 pandemic. Remote patient monitoring has replaced conventional methods of monitoring patients' vital signs. The popularity of digital health has led to a rise in home care services, creating tremendous demand for devices such as pulse oximeters, BP monitors, and thermometers in homecare settings. Home healthcare has led to enhanced efficiency and cost-effectiveness in healthcare systems worldwide in the last few years. Similarly, the demand for remote patient monitoring increases with the growing preference for home care settings for the geriatric population and for people with critical conditions who require monitoring post-hospital care.

Advancements such as wireless technologies and wearable devices have improved interoperability among healthcare professionals and scalability among patients. These devices have made it easy to monitor heart conditions, weight gain/loss, blood pressure, sleep apnea, asthma, and chronic obstructive pulmonary disease. In addition, the requirement for remote vital signs monitoring devices grew during the COVID-19 crisis owing to a shift in consumer preference toward telehealth. The use of telehealth resulted in a significant decrease in the frequency of hospital visits and optimized the use of healthcare resources, making healthcare more sustainable. Additionally, people in rural and urban areas are becoming highly aware of telehealth services due to the influence of social media and favorable initiatives by healthcare facilities.

Asia Pacific Vital Signs Monitoring Devices Market Overview

The Asia Pacific vital signs monitoring devices market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The market growth is highly attributed to the increasing awareness of chronic disorders and growing emphasis on preventive care with the help of advanced monitoring devices. In addition, the growing medical device industry in countries such as China, India, and Japan is leading to rapid market growth. In November 2022, Roche introduced a new digital diabetes management platform to provide patients with professional and easier diabetes management solutions. In February 2020, JD.com, one of the significant players in the Chinese retail market, launched a smart body temperature monitor to boost patient monitoring during the COVID-19 outbreak. Also, there are increasing incidences of infectious diseases in China, and as the country is the epicenter of the COVID-19 pandemic, the demand for vital signs monitoring devices is much higher. Thus, the above-mentioned factors fuel the vital signs monitoring devices market growth in China.

Asia Pacific Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Vital Signs Monitoring Devices Market Segmentation

The Asia Pacific vital signs monitoring devices market is segmented based on product, end user, and country.

Based on product, the Asia Pacific vital signs monitoring devices market is segmented into pulse oximeters, blood pressure monitors, temperature monitoring devices, and glucose monitors devices. The glucose monitors devices segment held the largest share in 2022. The glucose monitoring devices segment is further bifurcated into self glucose monitors and continuous glucose monitors. Additionally, the pulse oximeters segment is subsegmented into handheld pulse oximeters, table-top pulse oximeters, and pulse oximeter accessories. The temperature monitoring devices segment into digital thermometers, infrared thermometers, mercury filled thermometers, and liquid crystal thermometers. Further, by blood pressure monitoring devices, the market is categorized into digital blood pressure monitors, analog blood pressure monitors, ambulatory blood pressure monitors, mercury blood pressure monitors, and blood pressure instrument accessories.

By end user, the Asia Pacific vital signs monitoring devices market is segmented into hospitals & clinics, ambulatory care centers, home healthcare, and other. The hospitals & clinics segment held the largest share in 2022.

Based on country, the Asia Pacific vital signs monitoring devices market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific vital signs monitoring devices market in 2022.

Koninklijke Philip NV, Medtronic Plc, Nihon Kohden, GE HealthCare Technologies Inc, OMRON Corp, Suntech Medical Inc, Masimo Corp, Contec Medical Systems Co Ltd, and Baxter Intonational Inc are some of the leading companies operating in the Asia Pacific vital signs monitoring devices market.

Product Code: BMIRE00029836

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Vital Signs Monitoring Devices Market - Key Industry Dynamics

4.1 Key Market Drivers:
- 4.1.1 Increasing Number of Product Launches and Approvals
- 4.1.2 Rise in Need for Remote Patient Monitoring
4.2 Key Market Restraints:
- 4.2.1 Product Recalls by Companies and Regulatory Authorities
4.3 Key Market Opportunities:
- 4.3.1 Integration of Real-Time Communication Feature
4.4 Future Trends
- 4.4.1 Use of Radar Technology in Healthcare
4.5 Impact Analysis:

5. Vital Signs Monitoring Devices Market - Asia Pacific Market Analysis

5.1 Asia Pacific Vital Signs Monitoring Devices Market Revenue (US$ Mn), 2022 - 2030

6. Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 - by Product

6.1 Overview
6.2 Asia Pacific Vital Signs Monitoring Devices Market Revenue Share, by Product 2022 & 2030 (%)
6.3 Pulse Oximeters
- 6.3.1 Overview
- 6.3.2 Pulse Oximeters: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.3.3 Table-top/Beside Pulse Oximeters
  - 6.3.3.1 Overview
  - 6.3.3.2 Table-top/Beside Pulse Oximeters: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.3.4 Hand-held Pulse Oximeters
  - 6.3.4.1 Overview
  - 6.3.4.2 Hand-held Pulse Oximeters: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.3.5 Pulse Oximeter Accessories
  - 6.3.5.1 Overview
  - 6.3.5.2 Pulse Oximeter Accessories: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4 Blood Pressure Monitors
- 6.4.1 Overview
- 6.4.2 Blood Pressure Monitors: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.3 Mercury Blood Pressure Monitors
  - 6.4.3.1 Overview
  - 6.4.3.2 Mercury Blood Pressure Monitors: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.4 Ambulatory Blood Pressure Monitors
  - 6.4.4.1 Overview
  - 6.4.4.2 Ambulatory Blood Pressure Monitors: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.5 Digital Blood Pressure Monitors
  - 6.4.5.1 Overview
  - 6.4.5.2 Digital Blood Pressure Monitors: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.6 Analog Blood Pressure Monitors
  - 6.4.6.1 Overview
  - 6.4.6.2 Analog Blood Pressure Monitors: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.7 Blood Pressure Instrument Accessories
  - 6.4.7.1 Overview
  - 6.4.7.2 Blood Pressure Instrument Accessories: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.5 Temperature Monitoring Devices
- 6.5.1 Overview
- 6.5.2 Temperature Monitoring Devices: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.3 Mercury Filled Thermometers
  - 6.5.3.1 Overview
  - 6.5.3.2 Mercury Filled Thermometers: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.4 Digital Thermometers
  - 6.5.4.1 Overview
  - 6.5.4.2 Digital Thermometers: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.5 Infrared Thermometers
  - 6.5.5.1 Overview
  - 6.5.5.2 Infrared Thermometers: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.6 Liquid Crystal Thermometers
  - 6.5.6.1 Overview
  - 6.5.6.2 Liquid Crystal Thermometers: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.6 Glucose Monitoring Devices
- 6.6.1 Overview
- 6.6.2 Glucose Monitoring Devices: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.6.3 Self Glucose Monitoring Devices
  - 6.6.3.1 Overview
  - 6.6.3.2 Self Glucose Monitoring Devices: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.6.4 Continuous Glucose Monitoring Devices
  - 6.6.4.1 Overview
  - 6.6.4.2 Continuous Glucose Monitoring Devices: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)

7. Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 - by End User

7.1 Overview
7.2 Asia Pacific Vital Signs Monitoring Devices Market Revenue Share, by End User 2022 & 2030 (%)
7.3 Hospitals and Clinics
- 7.3.1 Overview
- 7.3.2 Hospitals and Clinics: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Ambulatory Care Centers
- 7.4.1 Overview
- 7.4.2 Ambulatory Care Centers: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Home Healthcare
- 7.5.1 Overview
- 7.5.2 Home Healthcare: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Asia Pacific Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Vital Signs Monitoring Devices Market - Country Analysis

8.1 Asia Pacific Vital Signs Monitoring Devices Market, Revenue and Forecast To 2030
- 8.1.1 Overview
- 8.1.2 Asia Pacific Vital Signs Monitoring Devices Market, Breakdown, by Key Country
- 8.1.3 Asia Pacific: Vital Signs Monitoring Devices Market, by Key Country
  - 8.1.3.1 China
    - 8.1.3.1.1 China: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.3.1.2 China: Vital Signs Monitoring Devices Market, by Product
    - 8.1.3.1.2.1 China: Pulse Oximeters Market
    - 8.1.3.1.2.2 China: Blood Pressure Monitors Market
    - 8.1.3.1.2.3 China: Temperature Monitoring Devices Market
    - 8.1.3.1.2.4 China: Glucose Monitors Market
    - 8.1.3.1.3 China: Vital Signs Monitoring Devices Market, by End User
  - 8.1.3.2 Japan
    - 8.1.3.2.1 Japan: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.3.2.2 Japan: Vital Signs Monitoring Devices Market, by Product
    - 8.1.3.2.2.1 Japan: Pulse Oximeters Market
    - 8.1.3.2.2.2 Japan: Blood Pressure Monitors Market
    - 8.1.3.2.2.3 Japan: Temperature Monitoring Devices Market
    - 8.1.3.2.2.4 Japan: Glucose Monitors Market
    - 8.1.3.2.3 Japan: Vital Signs Monitoring Devices Market, by End User
  - 8.1.3.3 India
    - 8.1.3.3.1 India: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.3.3.2 India: Vital Signs Monitoring Devices Market, by Product
    - 8.1.3.3.2.1 India: Pulse Oximeters Market
    - 8.1.3.3.2.2 India: Blood Pressure Monitors Market
    - 8.1.3.3.2.3 India: Temperature Monitoring Devices Market
    - 8.1.3.3.2.4 India: Glucose Monitors Market
    - 8.1.3.3.3 India: Vital Signs Monitoring Devices Market, by End User
  - 8.1.3.4 Australia
    - 8.1.3.4.1 Australia: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.3.4.2 Australia: Vital Signs Monitoring Devices Market, by Product
    - 8.1.3.4.2.1 Australia: Pulse Oximeters Market
    - 8.1.3.4.2.2 Australia: Blood Pressure Monitors Market
    - 8.1.3.4.2.3 Australia: Temperature Monitoring Devices Market
    - 8.1.3.4.2.4 Australia: Glucose Monitors Market
    - 8.1.3.4.3 Australia: Vital Signs Monitoring Devices Market, by End User
  - 8.1.3.5 South Korea
    - 8.1.3.5.1 South Korea: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.3.5.2 South Korea: Vital Signs Monitoring Devices Market, by Product
    - 8.1.3.5.2.1 South Korea: Pulse Oximeters Market
    - 8.1.3.5.2.2 South Korea: Blood Pressure Monitors Market
    - 8.1.3.5.2.3 South Korea: Temperature Monitoring Devices Market
    - 8.1.3.5.2.4 South Korea: Glucose Monitors Market
    - 8.1.3.5.3 South Korea: Vital Signs Monitoring Devices Market, by End User
  - 8.1.3.6 Rest of Asia Pacific
    - 8.1.3.6.1 Rest of Asia Pacific: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.3.6.2 Rest of Asia Pacific: Vital Signs Monitoring Devices Market, by Product
    - 8.1.3.6.2.1 Rest of Asia Pacific: Pulse Oximeters Market
    - 8.1.3.6.2.2 Rest of Asia Pacific: Blood Pressure Monitors Market
    - 8.1.3.6.2.3 Rest of Asia Pacific: Temperature Monitoring Devices Market
    - 8.1.3.6.2.4 Rest of Asia Pacific: Glucose Monitors Market
    - 8.1.3.6.3 Rest of Asia Pacific: Vital Signs Monitoring Devices Market, by End User

9. Vital Signs Monitoring Devices Market-Industry Landscape

9.1 Overview
9.2 Organic Growth Strategies
- 9.2.1 Overview
9.3 Inorganic Growth Strategies
- 9.3.1 Overview

10. Company Profiles

10.1 Koninklijke Philips NV
- 10.1.1 Key Facts
- 10.1.2 Business Description
- 10.1.3 Products and Services
- 10.1.4 Financial Overview
- 10.1.5 SWOT Analysis
- 10.1.6 Key Developments
10.2 Medtronic Plc
- 10.2.1 Key Facts
- 10.2.2 Business Description
- 10.2.3 Products and Services
- 10.2.4 Financial Overview
- 10.2.5 SWOT Analysis
- 10.2.6 Key Developments
10.3 Nihon Kohden Corp
- 10.3.1 Key Facts
- 10.3.2 Business Description
- 10.3.3 Products and Services
- 10.3.4 Financial Overview
- 10.3.5 SWOT Analysis
- 10.3.6 Key Developments
10.4 GE HealthCare Technologies Inc
- 10.4.1 Key Facts
- 10.4.2 Business Description
- 10.4.3 Products and Services
- 10.4.4 Financial Overview
- 10.4.5 SWOT Analysis
- 10.4.6 Key Developments
10.5 OMRON Corp
- 10.5.1 Key Facts
- 10.5.2 Business Description
- 10.5.3 Products and Services
- 10.5.4 Financial Overview
- 10.5.5 SWOT Analysis
- 10.5.6 Key Developments
10.6 SunTech Medical Inc
- 10.6.1 Key Facts
- 10.6.2 Business Description
- 10.6.3 Products and Services
- 10.6.4 Financial Overview
- 10.6.5 SWOT Analysis
- 10.6.6 Key Developments
10.7 Masimo Corp
- 10.7.1 Key Facts
- 10.7.2 Business Description
- 10.7.3 Products and Services
- 10.7.4 Financial Overview
- 10.7.5 SWOT Analysis
- 10.7.6 Key Developments
10.8 Contec Medical Systems Co Ltd
- 10.8.1 Key Facts
- 10.8.2 Business Description
- 10.8.3 Products and Services
- 10.8.4 Financial Overview
- 10.8.5 SWOT Analysis
- 10.8.6 Key Developments
10.9 Baxter International Inc
- 10.9.1 Key Facts
- 10.9.2 Business Description
- 10.9.3 Products and Services
- 10.9.4 Financial Overview
- 10.9.5 SWOT Analysis
- 10.9.6 Key Developments

11. Appendix

11.1 About Us
11.2 Glossary of Terms