Blood Pressure Monitoring Device Market Competitive landscape analysis 2021
Blood Pressure Monitoring Device Market by Type (Automated BP Monitors, Ambulatory BP Monitors, Sphygmomanometers (Mercury, Aneroid, Digital), BP Transducers and BP instruments accessories) and by Region
(EMAILWIRE.COM, June 30, 2017 ) Global Blood Pressure Monitoring Devices Market is projected to reach USD 4.43 billion by 2021 from USD 3.20 billion in 2016, at a CAGR of 6.7%. Measuring your blood pressure at home and keeping a record of the measurements will show you and your doctor how much your blood pressure changes during the day. Your doctor can use your record of measurements to see how well your medicine is working to control your high blood pressure. Also, measuring your own blood pressure is a good way to take part in managing your own health and recognizing changes. Because the digital monitor is automatic, it is the more popular blood-pressure measuring device. The blood pressure measurement is easy to read, because the numbers are shown on a screen. Some electronic monitors also have a paper printout that gives you a record of the blood pressure reading.
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The factors influencing the Global Market for Blood Pressure Monitoring Devices Market, either positively or negatively are presented in the DROC analysis. Rising prevalence of heart disorders, increasing obese population, growing geriatric population and new product launches are the key factors that majorly cause the blood pressure monitoring devices market to grow. Advanced handheld and automated blood pressure monitors offer features such as safety, efficacy, and portability, thereby boosting market growth. Furthermore, technological advancement such as mobile-based BP monitoring systems is anticipated to drive the industry growth.
For granular level understanding, the Blood Pressure Monitoring Devices Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.
By Type
o Automated BP Monitors
o Ambulatory BP Monitors
o Sphygmomanometers
Mercury
Aneroid
Digital
o BP Transducers
o BP instruments accessories
Geographically the market is categorized into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America dominates the overall industry followed by Europe. Factors such as increasing prevalence of chronic and acute diseases such as hypertension and cardiac diseases, technological advancements, acceptability of the non-invasive pressure monitors among the patients, and existence of key market players in North America are driving the growth of this market. Asia-Pacific, on the other hand, is expected to grow at a rapid pace over the forecast period. Increasing investment by government, growing awareness levels and rising incidences of hypertension and number of undiagnosed of high BP are key factors attributing to this regional market growth.
Some of the major companies dominating the market, by their products and services include GE Healthcare, Welch Allyn, Inc., A&D Medical Inc., SunTech Medical, Rossmax International Ltd., Spacelabs Healthcare Inc., Panasonic Corporation, Philips Healthcare, Contec Medical Systems Co.,Ltd, Omron Healthcare and Microlife AG.
The Blood Pressure Monitoring Devices Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Get Free Sample report at http://www.marketdataforecast.com/market-reports/global-blood-pressure-monitoring-device-market-900/request-sample
The factors influencing the Global Market for Blood Pressure Monitoring Devices Market, either positively or negatively are presented in the DROC analysis. Rising prevalence of heart disorders, increasing obese population, growing geriatric population and new product launches are the key factors that majorly cause the blood pressure monitoring devices market to grow. Advanced handheld and automated blood pressure monitors offer features such as safety, efficacy, and portability, thereby boosting market growth. Furthermore, technological advancement such as mobile-based BP monitoring systems is anticipated to drive the industry growth.
For granular level understanding, the Blood Pressure Monitoring Devices Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.
By Type
o Automated BP Monitors
o Ambulatory BP Monitors
o Sphygmomanometers
Mercury
Aneroid
Digital
o BP Transducers
o BP instruments accessories
Geographically the market is categorized into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America dominates the overall industry followed by Europe. Factors such as increasing prevalence of chronic and acute diseases such as hypertension and cardiac diseases, technological advancements, acceptability of the non-invasive pressure monitors among the patients, and existence of key market players in North America are driving the growth of this market. Asia-Pacific, on the other hand, is expected to grow at a rapid pace over the forecast period. Increasing investment by government, growing awareness levels and rising incidences of hypertension and number of undiagnosed of high BP are key factors attributing to this regional market growth.
Some of the major companies dominating the market, by their products and services include GE Healthcare, Welch Allyn, Inc., A&D Medical Inc., SunTech Medical, Rossmax International Ltd., Spacelabs Healthcare Inc., Panasonic Corporation, Philips Healthcare, Contec Medical Systems Co.,Ltd, Omron Healthcare and Microlife AG.
The Blood Pressure Monitoring Devices Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results