Vital Signs Monitor Manufacturing Industry Market Research Report Now Available from IBISWorld

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Despite some market saturation, increased import penetration and new federal regulations, the outlook for the Vital Signs Monitor Manufacturing industry remains largely positive according to a new industry market research report by IBISWorld. Industry analyst Brian Bueno writes that “new product developments, rising demand for health services and further efforts by healthcare providers to reduce medical costs will likely spur strong demand for patient health monitors during the next five years. Demand from foreign markets and consumers who purchase products for at-home use will also continue to drive up revenue.” As a result, industry revenue is forecast to increase by 6.6% in 2012 and grow at an average annualized rate of 6.6% to $8.0 billion over the five years to 2016. For that reason IBISWorld has expanded its coverage in the medical device and appliance sectors.

IBISWorld Market Research

IBISWorld Market Research

Demand from foreign markets and consumers who purchase products for at-home use will also continue to drive up revenue

The Vital Signs Monitor Manufacturing industry has displayed healthy growth over the five years to 2011. The US economy’s deterioration and current struggles have had minimal effects on the performance of patient health monitor sales. While revenue growth slowed in 2009, during the recession, the industry has remained largely recession-proof. Over 2011, industry revenue is anticipated to grow an additional 6.4% to $5.8 billion, marking an average annual increase of 8.4% since 2006. Product innovation, strong domestic and foreign healthcare demand and research and development (R&D) efforts by producers have been the primary catalysts for this growth.

The industry manufactures a wide range of vital signs monitors (i.e. patient health monitors). These electronic medical devices measure a patient’s vital signs, such as their heart rate, blood pressure and respiratory rate, and display the data in waveforms. Examples of industry products include electromyograms, electroencephalograms, cerebral meters, fetal and neonate monitors, cardiac output monitors, blood pressure monitors and blood glucose monitors.

The industry’s products can be broken up into three groups: tabletop and wired monitors, wireless telemetry monitors and disposable sensors and other consumables. The wireless telemetry product segment has experienced rapid growth, as healthcare centers seek to streamline the movement of patient information. Further, home monitor use is growing, with sales of remote patient monitoring (RPM) technologies quickly increasing. The industry’s largest players, Philips and General Electric (GE), will likely continue to dominate the market over the period as they acquire smaller companies, limiting growth in the number of firms.

For more information visit the IBISWorld Vital Signs Monitor Manufacturing industry report

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This industry manufactures patient monitoring equipment. Examples of industry’s products include multi-parameter vital sign monitors, intra-cranial pressure monitors, electromyogram devices, electroencephalogram monitors, sleep apnea monitors, cerebral oximeter monitors, fetal and neonatal monitors, pulse oximeter monitors, cardiac output devices and blood pressure and glucose monitors. Manufacturers of remote patient monitoring systems are also included in this industry.

Vital Signs Monitor Manufacturing Industry Report Key Topics

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets
Supply Chain
Products & Services
Major Markets

Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions
Capital Intensity

Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.


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Savannah Haspel
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