Blood Pressure Monitoring Devices Market Revenue Analysis by Regions, Types and Manufacturers 2022

2^nd March 2020 – "Blood Pressure Monitoring Devices Market" 2022 Industry research report covers the industry overview with Marketplace Size, Share, Development, futuristic cost, earnings, demand and distribution data. Its wide study offers an analytical summary of the marketplace that can help to the new and existing player to take a significant decision.

The global blood pressure monitoring devices market is expected to value USD 2.0 billion by 2022. The blood pressure monitoring device industry is subject to witness a substantial growth due to the increasing occurrence of chronic diseases, changing food patterns, significant adoption of home-based monitoring systems, and ease of use for these devices. Blood pressure monitoring devices are responsible for monitoring number of parameters similar to arterial blood pressure, heartbeat rate, blood flow rate, pulse-oximetry, and concentration or partial pressure of carbon dioxide.

Globally, the blood pressure monitoring device market is predicted to grow at a CAGR of 11.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Healthcare professionals such as physicians and clinicians are preferring blood pressure monitoring devices over the traditional systems. Furthermore, large number of awareness initiatives by local governments are creating substantial increase in opportunities for market players in the recent years. However, strict laws and guidelines adopted by regional governments and lack of highly skilled professionals are restricting the market growth.

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Main features of the report:

·         To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Blood Pressure Monitoring Devices Market.

·         A complete backdrop analysis, which includes an assessment of the parent market

·         Important changes in market dynamics

·         Market segmentation up to the second or third level

·         To provide country level analysis of the market for segment by application, product type and sub-segments.

·         To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

·         Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Blood Pressure Monitoring Devices Market.

·         Emerging niche segments and regional markets

·         An objective assessment of the trajectory of the industry.

Changing lifestyle and eating habits since last few decades have steered rising occurrence cardio-vascular diseases among young as well as elderly population. High-calorie diet and lesser physical exercises are contributing to number incidences of cardio-vascular diseases such as arteriosclerosis and high blood pressure. The common factors such as pollution with the growing industrialization and urbanization, are contributing to the respirational disorder, attributing to the demand blood pressure monitoring devices.

The blood pressure monitoring devices offer smart diagnosis based treatment with the help of highly accurate diagnosis of physiological parameters in real-time. The blood pressure monitoring devices are able to understand and facilitate diagnostic needs according to the requirement and characteristics of specific patient. These systems are capable of performing diagnosis even during occurrence of accidental errors and existence of unexpected artifacts.

Blood pressure monitoring alongside multiple sensor data fusion techniques are vital for diagnosis in extreme conditions and critical situations, in which the diagnosis of inherently interlinked signals is needed. The application of the blood pressure monitoring devices include intensive care units, battlefield medical facility, and outer-space operations. These devices neglects possibilities of misinterpretation of data responsible for raising false alarms and offer high degree of precision in its results with the help of data aggregation and fusion.

The blood pressure monitoring device industry is broadly categorized into five major segments based on the product type such as sphygmomanometer, automated blood pressure monitor, ambulatory blood pressure monitor, blood pressure transducers and blood pressure instrument accessories. The sphygmomanometer is considered as one of the fastest growing segment in the blood pressure monitoring devices market with substantial revenue generation in the last few years.

Growing popularity of the segment is attributed to the sphygmomanometer their broad range of applications and associated benefits. The automated blood pressure monitor segment has also witnessed substantial growth owing to the growing demand for faster & accurate diagnostics and the need for preventive treatments.

Major Companies operating in the industry are:

·         GE Healthcare, Inc

·         Welch Allyn, Inc

·         A&D Medical Inc

·         SunTech Medical

·         American Diagnostics

·         Withings,

·         Briggs Healthcare,

·         Kaz Inc

·         Microlife AG,

·         Rossmax International Ltd

·         GF Health Products, Inc

·         Spacelabs Healthcare, Inc

·         Omron Healthcare Co

·         Philips Healthcare N.V.

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