The report firstly introduced the Blood Pressure Monitoring Devices basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analysed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Seattle, WA -- (SBWIRE) -- 11/27/2019 -- About Blood Pressure Monitoring Devices
BP monitoring devices are used to measure the amount of blood pumped by the heart in relation to the size and condition of the artery at different-times.
On the basis of product, the blood pressure monitoring devices market is segmented into sphygmomanometer, automated BP monitors, ambulatory BP monitors, BP transducers, and BP instrument accessories.
Increasing demand for faster & accurate diagnostics and the need for preventive treatments are expected to fuel the market demand in coming years. Portable devices & mobiles are gaining popularity during the forecast period owing to associated benefits such as wireless transmission of patient's information and easy handling.
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The BP monitoring devices market is segmented on the basis of product type and geography. On the basis of product type, the market is classified into aneroid BP monitors, digital BP monitors, blood pressure instrument accessories, and ambulatory BP monitors. Furthermore, geographical regions are categorized into, North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, Malaysia, and rest of Asia-Pacific), and LAMEA (Brazil, Middle East, Africa, and rest of LAMEA).
Some of the leading companies in the market are Koninklijke Philips N.V., SunTech Medical, Inc. (Halma plc), American Diagnostic Corporation, Withings SA, SPENGLER, Healthcare, Welch Allyn, Inc. (Hill-Rom), Schiller AG, Omron Healthcare, Inc. (OMRON Corporation), and GE Healthcare.
The key players in the blood pressure monitoring devices industry have adopted product launch as their key developmental strategy to expand their market foothold. This is evident from the product launch of Masimo Corporations noninvasive blood pressure and temperature measurements for root patient monitoring and connectivity platform in the U.S. This helped clinicians to chart vital signs data directly from root automatically, and has strengthen the companys portfolio of patient monitoring products.
Asia is one of the worlds highly populated countries and has emerged as an epicenter of COPD, diabetes, hypertension, and cardiovascular diseases epidemics. Therefore, the market for blood pressure monitoring devices in Argentina is projected to grow at a CAGR of XX% during the forecast period.
North America to Retain Dominant Spot throughout Forecast Period
Of the key product varieties marketed by the global blood pressure monitoring devices and accessories market, the segment of automatic blood pressure monitors acquired the largest share of revenue in 2016, thanks to the rising demand for reliable and fast devices in the face of the rising patient population globally. Geographically, the market in North America accounted for the dominant share in the overall market owing to the high prevalence of hypertension and the rising preference of patients to technologically advanced and digital blood pressure monitoring machines. The region is likely to retain its dominant spot over the forecast period as well.
- This report entails a detailed quantitative analysis of the current blood pressure monitoring devices industry trends for the period of 2019 to 2023 to identify the prevailing opportunities.
- The market estimations are based on comprehensive analysis of the key developments in the blood pressure monitoring devices industry.
- The market is comprehensively analysed with respect to product type, end user, and geography.
- In-depth analysis of the size on the basis of geography helps in understanding the regional market to assist in strategic business planning.
- The recent developments and strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.
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