Blockchain Press Releases
Vital Signs Monitoring Market to Witness Rebound Sales in the Upcoming Years, the Market to Worth $33.36 Billion by 2028 – Arizton
More than $10 Billion Investment Opportunities in the Vital Signs Monitoring Market
CHICAGO, July 18, 2023 /PRNewswire/ — According to Arizton’s latest research report, the global vital signs monitoring devices market will grow at a CAGR of 8.36% during 2022-2028.
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Browse In-Depth TOC on Vital Signs Monitoring Devices Market
159 – Tables
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370 – Pages
The vital sign monitoring devices landscape has become more complex and competitive after the COVID-19 outbreak. Although the demand for vital monitors during the pre-pandemic phase was high, the emergence of the COVID-19 pandemic accelerated the adoption of vital signs monitoring devices worldwide. Also, the pandemic contributed to the surge in awareness of these devices, advances in product development, and an increase in the application rate for individual care management. The pandemic overwhelmed the healthcare infrastructure worldwide.
Recent advances in vital sign monitoring devices with the integration of Deep Learning (DL) and Machine Learning (ML) have strengthened the power of imaging techniques to remotely perform many tasks, which previously required physical intervention by medical professionals. Also, the launch of advanced wearable vital signs monitoring devices has positively influenced market growth. The unprecedented expansion of the aging population and the rise in the prevalence of associated chronic conditions have accelerated the demand for healthcare services in hospitals, ambulatory care centers, and other health establishments with a high disease burden. Thus, the rise in the preference for outpatient care settings and remote patient monitoring options has fueled the adoption of vital signs monitoring devices worldwide.
Vital Signs Monitoring Devices Market Report Scope
|
Report Attributes |
Details |
|
Market Size (2028) |
USD 33.36 Billion |
|
Market Size (2022) |
USD 20.60 Billion |
|
CAGR (2022-2028) |
8.36 % |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
Market Segmentation |
Product Type, Patient Group, Application, End-users, and Geography |
|
Geographic Analysis |
North America, Europe, APAC, Latin America, and Middle East & Africa |
|
Countries Covered |
The US, Canada, Germany, France, The UK, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Mexico, Argentina, Turkey, Saudi Arabia, South Africa, and the UAE |
|
Market Dynamics |
· Increasing Burden of Chronic Disorders · Available Integrated Vital Sign Monitoring Devices Offer More Benefits · Paradigm Shift Towards Outpatient Care · Increasing Patient Population and Shortage of Healthcare Workers |
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APAC Creating Huge Investment Opportunities in the Vital Sign Monitoring Devices Market
The APAC vital signs monitoring devices market will grow at a CAGR of 10.20% to reach $8.06 billion by 2028.
In APAC, several countries have been focusing on implementing telemedicine platforms in recent years with the shift in patient preference from hospital-based medical services to day-to-day healthcare services at home. The Asia-Pacific Economic Corporation (APEC) actively helps and promotes the use of telemedicine platforms in the region, which is expected to drive around 50% growth in telemedicine in the next 10 years. Japan and Korea have a huge foundation of medical information and are gradually supporting telemedicine platforms, accelerating the demand for remote patient monitoring and vital signs monitoring devices. The telemedicine collaboration network in China covers all prefecture cities across more than 1,800 counties.
Singapore is one of the emerging countries in the APAC vital signs monitoring market with significant development in healthcare settings and a substantially large potential patient population. The considerably large senior population in the country is expected to witness a two-fold growth by 2040. Thus, the Singapore health ministry, the government, and health authorities have undertaken initiatives to tackle health challenges and deliver better value in care. The shortage of healthcare workers is one of the challenging parts of healthcare delivery, which has accelerated the adoption of remote patient monitoring services where vital signs monitoring devices are commonly used. According to the Philips Future Health Index 2018, Singapore recorded the high-value score of the 16 countries researched in the Future Health Index. With the help of connected care technologies such as telehealth and remote patient monitoring, medical professionals in the country are improving access to care.
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Strategies Adopted by the Vendors in the Vital Signs Monitoring Market
Vendors with an international presence dominate the global vital signs monitoring devices market. Many international players are expected to expand their presence worldwide to gain market share during the forecast period, especially in the fast-developing countries across APAC and Latin America. Further, the increasing economic conditions of these countries would fuel market growth, making it an attractive option to launch new products. The market is witnessing intense competition since all the major players want to gain more market share. Therefore, all these factors make vendors need to differentiate their product offerings to survive the highly competitive market environment.
Some major and minor national and global level mergers and acquisitions, and partnerships are tremendously changing the market landscape. The market is highly competitive, and therefore, most vendors invest in strategic mergers and acquisitions to improve their market penetration and revenue generation. Also, such measures enable vendors to deliver new solutions in the market and enhance their existing product portfolio.
Key Company Profiles
- A&D Company
- Contec Medical Systems
- GE Healthcare
- Baxter
- ICU Medical
- Koninklijke Philips
- Masimo
- Medtronic
- NIHON KOHDEN
- Nonin
- OMRON
- OSI Systems
- 100-plus
- Arjo
- American Diagnostic
- Advanced Instrumentations
- Biofourmis
- Bittium
- BioIntelliSense
- Cardinal Health
- Compass Health Brands
- Drägerwerk AG & Co.
- Essence
- EDAN Instruments
- FUKUDA DENSHI
- Halma
- Infinium Medical
- Mennen Medical
- Microlife
- NURECA
- Oxitone
- Qardio
- Rossmax International
- Solaris Medical Technology
- Sunset Healthcare Solutions
- Turtle Shell Technologies Pvt. Ltd.
- Viatom Technology
- VitalConnect
- VivaLNK
- VYAIRE MEDICAL
- Cosinuss
- Better Life Medical Technology
- TaiDoc
- aXcent medical
- General Meditech
- Clarity Medical
- Hicks Thermometers India
- medical Econet
- Meditech
- Shenzhen Creative Industry
- Progetti
- GETEMED Medical and Information Technology
- Shenzhen Unicare Electronic
- Opto Circuits (India)
- Beijing Choice Electronic Technology
- Shenzhen Mindray Bio-Medical Electronics
- Remote Diagnostic Technologies
- Samtronic
- Charmcare
- AVI Healthcare
- Recorders & Medicare Systems
- Acare Technology
Market Segmentation
Product Type
- Standalone Vital Sign Monitors
- Heart Rate/ Cardiac Monitors
- Pulse Oximeter
- Blood Pressure Monitors
- Body Temprature Monitors
- Integrated Vital Sign Monitors
Patient Group
- Geriatric
- Pediatric
- Adults
Application
- Chronic Care
- Acute Care
End-users
- Hospitals
- Outpatient Care Settings
- Homecare Settings & Individuals
- Others
Geography
- North America
- The US
- Canada
- Europe
- Germany
- France
- The UK
- Italy
- Spain
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- The UAE
Key Questions Answered in the Report:
- How big is the global vital signs monitoring devices market?
- What is the growth rate of the vital signs monitoring devices market?
- What are the rising trends in the vital signs monitoring devices industry?
- Which region holds the most significant global vital signs monitoring devices market share?
- Who are the key players in the global vital signs monitoring devices market?
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Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
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Blockchain Press Releases
Binance Labs Backs Movement Labs’ Mission to Bring ‘Move Everywhere’ with Investment
- Undisclosed Investment From Binance Labs Follows Movement’s $38M Series A Funding Round
SAN FRANCISCO, May 1, 2024 /PRNewswire/ — Movement Labs, a San Francisco-based blockchain development team, today announced an investment from Binance Labs. These investments closely follow Movement Labs’ successful $38m Series A funding round as the company continues to gain momentum in its mission to bring ‘Move Everywhere.’
Founded in 2022, Movement is building an ecosystem of Modular Move-based blockchains, starting with M2, the first Move Virtual Machine L2 for Ethereum. Movement will use the funds to expand its suite of open-source tooling, frameworks, and protocols to facilitate the adoption of the Move programming language across broader blockchain ecosystems. With Movement, developers can launch secure, performant, and high-throughput Move VM rollups as easily as they do smart contracts.
As part of its global expansion strategy, Movement Labs is placing a strong emphasis on the Asia-Pacific (APAC) region, recognizing the immense potential and talent within the Move development community. The company is committed to championing and supporting Asian Move developers, providing them with the resources, education, and opportunities needed to showcase their exceptional work and contribute to the growth of the Move ecosystem.
“We are thrilled to welcome Binance Labs as an investor,” said Rushi Manche, Co-Founder of Movement Labs. “Their support and expertise will be invaluable as we continue to execute our ‘Move Everywhere’ strategy, starting with a focus on the vibrant and innovative APAC market. By empowering and collaborating with the talented Move developers in the region, we aim to accelerate the adoption of Move and unlock new possibilities for the entire ecosystem.”
For more information about Movement Labs and a guide to participate in its devnet, please visit: movementlabs.xyz and follow on X @movementlabsxyz and on Discord. Connect with us at movementlabs.xyz to discuss global business opportunities.
About Movement Labs:
Co-founders, Rushi Manche and Cooper Scanlon, early builders in the Move ecosystem, founded Movement Labs in 2022 as the first integrated blockchain network, powering the fastest and most secure Layer 2 on Ethereum. Designed to pair smart contract security and parallelization with EVM liquidity and user bases, Movement is bringing the MoveVM to Ethereum through its flagship L2 and connected rollups with the Move Stack.
About Binance Labs
As the venture capital arm and accelerator of Binance, Binance Labs has now grown to be worth over $10 billion. Its portfolio covers 250 projects from over 25 countries across six continents and has a return on investment rate of over 14X. Fifty of Binance Labs’ portfolio companies are projects that have gone through our incubation programs. For more information, follow Binance Labs on X.
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Blockchain Press Releases
Discover Move Move Coin: Is This the Next Sports Blockchain for Your Workout?
SINGAPORE, May 1, 2024 /PRNewswire/ — MMC Foundation Singapore is excited to announce the launch of Move Move Coin (MMC), the first-of-its-kind blockchain sports project designed to transform how we think about fitness and technology. This pioneering initiative is set to merge health with high-tech, promoting nationwide fitness through the innovative use of Web3 technology.
Transforming National Fitness with Blockchain
By integrating physical activity with blockchain, MMC creates a unique ecosystem where exercise translates directly into MMC computing power. Participants can engage in the MMC exercise plan, turning their workouts into tangible incentives for every physical activity.
Move Foundation’s mission is to ignite a passion for sports across the nation by offering a cutting-edge, enjoyable sports ecosystem. With the introduction of MMC, the vision is to position it as the leading global initiative for national sports programs powered by Web3 technology, setting a precedent for future sports blockchain projects.
Why You Should Move With MMC Foundation
MMC lies in a dynamic system that transforms physical activity into tangible rewards. Participants can enhance their fitness routines while simultaneously generating MMC computing power, a novel approach that earns them MMC encrypted assets. This unique feature leverages the dual benefits of health and technology, offering an incentive that goes beyond traditional fitness rewards.
The integration of NFT technology with sports equipment not only personalizes the user experience but also amplifies the benefits received from workouts. By purchasing NFTs that represent various pieces of sports gear, users can increase their MMC accumulation, thus adding a layer of customization and value to their exercise regimen.
To safeguard the integrity and longevity of NFT assets, MMC Foundation employs the IPFS network for storage, ensuring decentralized, reliable access worldwide. Looking ahead, MMC Foundation is set on expanding MMC’s footprint globally, collaborating with other blockchain ecosystems for seamless asset circulation and exchange, and positioning itself as a leader in the sports blockchain market.
The Global Vision for MMC Foundation
The future of the MMC project is marked by an ambitious global expansion strategy. This involves not only widespread promotion across various markets but also strategic partnerships with other blockchain ecosystems. These collaborations are essential for facilitating the cross-chain circulation and exchange of assets, enhancing the interoperability and reach of the MMC ecosystem.
MMC Foundation is also committed to a robust global marketing drive aimed at establishing the project as a top-tier brand within the sports blockchain industry. By actively promoting and aligning with international sports and fitness communities, MMC Foundation aims to create a widely recognized presence worldwide.
About Move Move Coin
Move Move Coin (MMC) is a solution initiated by the MMC Foundation in Singapore that utilizes Web3 technology to encourage and motivate nationwide physical fitness activities. MMC operates as a token rewards and blockchain-driven system, allowing participation in token mining through devices like smartphones and smartwatches for activity monitoring.
For more information, please visit:
- Official Website: movemovecoin.com
- Blockchain Explorer: mmcscan.com
- Whitepaper: https://doc.movemovecoin.com/zh-cn
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MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
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