Increasing Prevalence Of Hypertension To Drive Blood Pressure Monitoring Devices Market Growth Till 2022
The global blood pressure monitoring devices market is expected to reach USD 2.0
billion by 2022, according to a new report by Grand View Research, Inc. Rising
geriatric population prone to high blood pressure is expected to widen the
consumer base by triggering incidences of target diseases such as hypertension
which is anticipated to drive the demand for blood pressure monitors in the
future. In addition, increasing awareness levels and demand for personalized
& portable devices for monitoring are the factors contributing towards the
market growth.
North America blood pressure monitoring devices market, by product, 2012-2022 (USD Million) |
Increasing
incidence of hypertension has led to rising demand for cost effective, rapid and
accurate diagnostic solutions. Blood pressure monitors are one of the vital
sign monitor of life. The cost effective and accurate results offer by these
indicators is the factor responsible for the market growth.
Browse full
research report on Blood Pressure Monitoring Devices Market: www.grandviewresearch.com/industry-analysis/blood-pressure-monitoring-devices-market
Further
Key Findings From the Study Suggest:
- In terms of revenue share, sphygmomanometer
segment dominated the product type as of over USD 1 billion in 2014. It is
expected to show lucrative growth over the forecast period owing to
technological advancements such as digital instruments used for
monitoring.
- Digital sphygmomanometer segment is expected to
witness lucrative growth in coming years owing to advantages associated
with these devices such as ease of use, accurate results and low cost. In
addition, continuous improvement in these devices is expected to present
this market with further growth opportunities.
- Increasing popularity of mHealth platform in
healthcare sector is additionally, propelling the market growth. Rising
patient awareness levels pertaining to advantages associated with portable
monitoring devices is expected to positively reinforce market growth.
- Automated blood pressure monitors are expected to
grow at lucrative CAGR of over 13.0%, owing to wide applications in early
detection & prevention for regular monitoring
- In 2014, North America was the key regional
market in terms of revenue share. Key factors attributing to its large
share include presence of advanced healthcare infrastructure and
increasing prevalence of lifestyle associated diseases with high risk of
hypertension. Higher awareness levels, increasing demand for early
diagnostics & prevention and increasing stress levels leading towards
high blood pressure are the factors responsible for the market growth.
- Asia Pacific blood pressure monitoring devices
market is expected to demonstrate rapid growth during the forecast period
with CAGR of 13.5% key factors attributing to its rapid growth include
favorable government initiatives such as government of India’s campaign
“Make In India” which is intended to attract FDI and international players
to invest in Indian market. In addition, rapidly improving healthcare
facilities are anticipated towards the market growth.
- The key players operating in global blood
pressure monitoring market include Omron Healthcare, GE Healthcare,
A&D Medical Inc., Welch Allyn Inc., SunTech Medical, Inc., Withings,
Briggs Healthcare, Microlife AG, Kaz Inc., Philips Healthcare, American
Diagnostics Corporation, Rossmax International Ltd., Spacelabs Healthcare
Inc., and GF Health Products Inc.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global blood pressure monitoring
devices market on the basis of product and region:
Blood
Pressure Monitoring Devices Product Outlook (Revenue, USD Million, 2012 - 2022)
- Sphygmomanometer
- Mercury
- Aneroid
- Digital
- Automated
blood pressure monitor
- Ambulatory
blood pressure monitor
- Blood
pressure transducers
- Blood
pressure instrument accessories
- Blood
pressure cuffs
- Reusable
- Disposable
- Bladders,
bulbs and valves
Blood
Pressure Monitoring Regional Outlook (Revenue, USD Million, 2012 - 2022)
- North
America
- Blood
Pressure Monitoring Devices Product Outlook (Revenue, USD Million, 2012 -
2022)
- Sphygmomanometer
- Mercury
- Aneroid
- Digital
- Automated
blood pressure monitor
- Ambulatory
blood pressure monitor
- Blood
pressure transducers
- Blood
pressure instrument accessories
- Blood
pressure cuffs
- Reusable
- Disposable
- Bladders,
bulbs and valves
- Europe
- Blood
Pressure Monitoring Devices Product Outlook (Revenue, USD Million, 2012 -
2022)
- Sphygmomanometer
- Mercury
- Aneroid
- Digital
- Automated
blood pressure monitor
- Ambulatory
blood pressure monitor
- Blood
pressure transducers
- Blood
pressure instrument accessories
- Blood
pressure cuffs
- Reusable
- Disposable
- Bladders,
bulbs and valves
- Asia
Pacific
- Blood
Pressure Monitoring Devices Product Outlook (Revenue, USD Million, 2012 -
2022)
- Sphygmomanometer
- Mercury
- Aneroid
- Digital
- Automated
blood pressure monitor
- Ambulatory
blood pressure monitor
- Blood
pressure transducers
- Blood
pressure instrument accessories
- Blood
pressure cuffs
- Reusable
- Disposable
- Bladders,
bulbs and valves
- RoW
- Blood
Pressure Monitoring Devices Product Outlook (Revenue, USD Million, 2012 -
2022)
- Sphygmomanometer
- Mercury
- Aneroid
- Digital
- Automated
blood pressure monitor
- Ambulatory
blood pressure monitor
- Blood
pressure transducers
- Blood
pressure instrument accessories
- Blood
pressure cuffs
- Reusable
- Disposable
- Bladders,
bulbs and valves
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-blood-pressure-monitoring-devices-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
Comments
Post a Comment