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Blood Pressure Monitoring Devices Market to Witness Growth Acceleration During 2019-2026 | GE Healthcare, A&D Company, limited, Microlife Corporation

Press release   •   Jul 29, 2019 12:29 IST

Global Blood Pressure Monitoring Devices Market by product (Aneroid BP Monitors, Digital BP Monitors, Blood Pressure Instrument Accessories, and Ambulatory BP Monitors)-by end user (hospitals, ambulatory surgical centers, clinics, homecare settings and others) -by geography (North America, Europe, Asia Pacific, Middle East & Africa and South America)) – is expected to reach US $ 3.50 Bn by 2026, at a CAGR of 5.98 %.

Blood pressure is defined as the measure of force employed by circulating blood upon the walls of the vessels as heart pumps.

Blood pressure monitoring is important to determine the health condition of patients. The rise in the adoption of blood pressure monitoring devices owing to growth in the incidence of cardiovascular diseases like hypertension, the hazard of high BP in the geriatric population, an increase in diseases including obesity and diabetes are expected to drive the global blood pressure monitoring devices market.

The ambulatory blood pressure monitoring devices segment is estimated to register a XX % rate of CAGR during the forecast period 2018–2026.

Ambulatory blood pressure monitoring device is used to monitor blood pressure. This device is a small fully automatic machine, which can record blood pressure for 24 hours. Numerous clinical information can be recommended from ambulatory blood pressure devices like an estimation of mean blood pressure, diurnal of blood pressure, and blood pressure variability. Devices, which measure blood pressure in the brachial artery are most reliable. The arm monitoring device is the most preferred type of blood pressure monitoring device. The ambulatory blood pressure monitoring devices are used for patients like young, elderly, and pregnant owing to its accuracy of range. The novel developed ambulatory blood pressure monitoring devices that are lightweight and simple to wear.
North America is expected to dominate in the global blood pressure monitoring devices market followed by the Asia Pacific.

North America is projected to be the leading region in the global blood pressure monitoring devices market during forecast period. The leading position in the market is attributed to the presence of the well-developed healthcare sector, and the existence of some of the prominent players operating in this region. Furthermore, the market the Asia Pacific is estimated to witness significant growth owing to the growth of patients suffering from cardiovascular diseases and growing government expenditure for better healthcare facilities in emerging economies in this region. The Asia Pacific region is one of the highly populated countries, which is emerged as an epicenter of COPD, diabetes, hypertension, and cardiovascular disease epidemics.

Key players operating in the global blood pressure monitoring devices market are GE Healthcare, A&D Company, limited, Microlife Corporation, Welch Allyn, Omron Healthcare, Inc., Smiths Medical, Koninklijke Philips N.V., Contec Medical Systems Co., Ltd., and Halma plc. Hill-Rom Services Inc., Masimo , Spacelabs Healthcare, Rossmax International Ltd, SunTech Medical, Inc., American Diagnostics Corporation, Briggs Healthcare and GF Health Products Inc.

Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global blood pressure monitoring devices market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global blood pressure monitoring devices market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global blood pressure monitoring devices market positioning of competitors.

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