Blood Pressure Monitoring Device Market Analysis Report 2023
Blood Pressure Monitoring Devices Market was worth 3620.2 billion in 2018 and estimated to be growing at a CAGR of 7.20% to reach 5130.3 billion by 2023
(EMAILWIRE.COM, August 10, 2018 ) In the year 2018, Global Blood Pressure Monitoring Devices was valued at USD 3620.2 Million. By the year 2023, it is expected to reach USD 513.3 Million at pace of 7.20% CAGR.
Blood Pressure Monitors are used to monitor when the blood pressure is hypertension or hypotension. Hypertension is a condition in which there is an increase in the pressure on the walls of arteries. Risk factors for hypertension are age, stress, physical inactivity, tobacco consumption, excess salt consumption in diet, and high consumption of alcohol. Besides advanced blood pressure monitoring devices are designed for personal use, which helps to track the health condition of the user.
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Factors affecting market growth:
· Increasing incidence of hypertension and growth of geriatric population. (+)
· Increase in healthcare expenditure. (+)
· High demand for proactive monitoring. (+)
· Technological advancements like mobile-based BP monitoring systems are expected to drive the market growth globally. (+)
· Increasing investments by manufacturers for the development of cost-effective, innovative and easy to use products. (+)
· Presence of high undiagnosed population. (-)
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Market Segmentation
The Global Blood Pressure Monitoring Devices is segmented on the basis of
Type
· Automated BP Monitors
· Ambulatory BP Monitors
· Sphygmomanometers
(Mercury, Aneroid, Digital)
· BP Transducers
· BP instruments accessories
In the Global Blood Pressure Monitoring Devices market Sphygmomanometer segment holds the largest market share in terms of generating high revenue due to its benefits like accurate results and ease of use.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/blood-pressure-monitoring-device-market-900/
Key players:
Most important industries contributing to the Global Blood Pressure Monitoring Devices market are Panasonic Corporation, Philips Healthcare, Contec Medical Systems Co.,Ltd, GE Healthcare, Welch Allyn, Inc., A&D Medical Inc., SunTech Medical, Rossmax International Ltd., Spacelabs Healthcare Inc., Omron Healthcare and Microlife AG.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
Blood Pressure Monitors are used to monitor when the blood pressure is hypertension or hypotension. Hypertension is a condition in which there is an increase in the pressure on the walls of arteries. Risk factors for hypertension are age, stress, physical inactivity, tobacco consumption, excess salt consumption in diet, and high consumption of alcohol. Besides advanced blood pressure monitoring devices are designed for personal use, which helps to track the health condition of the user.
Request Report Sample: https://www.marketdataforecast.com/market-reports/blood-pressure-monitoring-device-market-900/request-sample
Factors affecting market growth:
· Increasing incidence of hypertension and growth of geriatric population. (+)
· Increase in healthcare expenditure. (+)
· High demand for proactive monitoring. (+)
· Technological advancements like mobile-based BP monitoring systems are expected to drive the market growth globally. (+)
· Increasing investments by manufacturers for the development of cost-effective, innovative and easy to use products. (+)
· Presence of high undiagnosed population. (-)
Get your customized report: https://www.marketdataforecast.com/market-reports/blood-pressure-monitoring-device-market-900/customize-report
Market Segmentation
The Global Blood Pressure Monitoring Devices is segmented on the basis of
Type
· Automated BP Monitors
· Ambulatory BP Monitors
· Sphygmomanometers
(Mercury, Aneroid, Digital)
· BP Transducers
· BP instruments accessories
In the Global Blood Pressure Monitoring Devices market Sphygmomanometer segment holds the largest market share in terms of generating high revenue due to its benefits like accurate results and ease of use.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/blood-pressure-monitoring-device-market-900/
Key players:
Most important industries contributing to the Global Blood Pressure Monitoring Devices market are Panasonic Corporation, Philips Healthcare, Contec Medical Systems Co.,Ltd, GE Healthcare, Welch Allyn, Inc., A&D Medical Inc., SunTech Medical, Rossmax International Ltd., Spacelabs Healthcare Inc., Omron Healthcare and Microlife AG.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
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