Medical Baby Monitoring Devices Market to Grow at 5.6% CAGR during Forecast Period, observes TMR Study
Due to their higher practicality and usefulness, wireless baby monitor category is likely to lead the global market for medical baby monitoring devices
- Due to their higher practicality and usefulness, wireless baby monitor category is likely to lead the global market for medical baby monitoring devices
WILMINGTON, Del., Nov. 2, 2022 /PRNewswire/ -- In 2021, the value of global medical baby monitoring devices market stood at US$ 1.2 Bn. - By 2031, the global medical baby monitoring devices market is anticipated to touch valuation of US$ 1.9 Bn.
- The market for medical baby monitor devices is anticipated to be dominated by the wireless baby monitor category throughout the forecast period.
- Global Medical Baby Monitoring Devices Market: Growth Drivers
As a result of rising investment on baby care products, North America presently maintains the leading position of global medical baby monitoring devices market.