Blood Pressure Monitoring Devices Market Growth at CAGR of 7.2%, 2018-2023 - Latest Challenges and Trends
Blood Pressure Monitoring devices are those which automatically obtain and usually record the blood pressure at certain intervals, using the direct or indirect method of determining pressure. Hence, is user friendly and can be used at home easily.
(EMAILWIRE.COM, December 05, 2018 ) Blood Pressure Monitoring Devices Market Overview
Hypertension, also known as high blood pressure, is a long-term medical condition, wherein blood pressure in the arteries is persistently elevated. It is a chronic condition and a leading cause of death and responsible for cardiovascular diseases and heart attacks globally. Blood Pressure Monitoring devices are those which automatically obtain and usually record the blood pressure at certain intervals, using the direct or indirect method of determining pressure. Hence, is user friendly and can be used at home easily.
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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.
Blood Pressure Monitoring Devices Market Forecast Report (2018-2023)
Global 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.
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Blood Pressure Monitoring Devices Market Segmentation
Global Blood Pressure Monitoring Device Market is broadly categorized by Type into Automated BP Monitors, Ambulatory BP Monitors, Sphygmomanometers, BP Transducers and BP instruments accessories. In terms of revenue share, sphygmomanometer segment dominated the product type and is expected to show lucrative growth over the forecast period. Further Sphygmomanometers is subdivided into Mercury, Aneroid, and Digital categories.
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 Blood Pressure Monitoring Device 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.
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Major Players:
The major companies dominating this market for its products and services are
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
Microlife AG.
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About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Hypertension, also known as high blood pressure, is a long-term medical condition, wherein blood pressure in the arteries is persistently elevated. It is a chronic condition and a leading cause of death and responsible for cardiovascular diseases and heart attacks globally. Blood Pressure Monitoring devices are those which automatically obtain and usually record the blood pressure at certain intervals, using the direct or indirect method of determining pressure. Hence, is user friendly and can be used at home easily.
Request for Sample @ https://www.marketdataforecast.com/market-reports/blood-pressure-monitoring-device-market-900/request-sample
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.
Blood Pressure Monitoring Devices Market Forecast Report (2018-2023)
Global 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.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/blood-pressure-monitoring-device-market-900/
Blood Pressure Monitoring Devices Market Segmentation
Global Blood Pressure Monitoring Device Market is broadly categorized by Type into Automated BP Monitors, Ambulatory BP Monitors, Sphygmomanometers, BP Transducers and BP instruments accessories. In terms of revenue share, sphygmomanometer segment dominated the product type and is expected to show lucrative growth over the forecast period. Further Sphygmomanometers is subdivided into Mercury, Aneroid, and Digital categories.
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 Blood Pressure Monitoring Device 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.
Buy now @ https://www.marketdataforecast.com/cart/buy-now/blood-pressure-monitoring-device-market-900/
Major Players:
The major companies dominating this market for its products and services are
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
Microlife AG.
Customize Report @ https://www.marketdataforecast.com/market-reports/blood-pressure-monitoring-device-market-900/customize-report
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
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