A recent report published by Infinium Global Research on blood pressure transducer market provides an in-depth analysis of segments and sub-segments in global as well as regional blood pressure transducer market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional blood pressure transducer market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global blood pressure transducer market. According to the report the global blood pressure transducer market is projected to grow at a CAGR of 5.7% over the forecast period of 2018-2024.
Blood pressure transducers are the devices used to measure arterial and venous blood pressure. Blood pressure transducers are small and lightweight devices consisting of a thin flexible metal diaphragm connected to strain gauge through the inductive bridge. These transducers are connected to an electrical converter that converts blood pressure into an analog electrical signal and helps in the detection of consistent and accurate blood pressure through the amplifier.
Rising geriatric population affected with blood pressure problem, is expected to increase the consumers for blood pressure transducer market. However, the accuracy of the device and lack of trained professionals would restraints the blood pressure transducers market. The cost-effective and accurate results offer by these indicators are the factor responsible for the market growth. In addition, increasing awareness levels and demand for personalized & portable devices for monitoring are the factors contributing towards the market growth. Increasing incidence of hypertension has led to rising demand for cost-effective, rapid and accurate diagnostic solutions. The blood pressure transducer is one of the vital sign monitors of life.
On the basis of region, the blood pressure transducer market is divided into North America, Europe, Asia-Pacific and the rest of the world (RoW). North America has the largest share in the global blood pressure transducers market followed by Europe, and Asia-Pacific owing to the high occurrence of cardiovascular disease suffering from hypertension in U.S. Asia-Pacific region is expected to be the fastest growing region during the forecast period, owing to huge population base coupled with increasing disposable income. In addition, factors such as increasing healthcare infrastructure and the presence of many local manufacturers are also some of the factors driving growth in this region.
The report on global blood pressure transducer market covers segments such as product type, based on technology and end user. On the basis of product type, the global blood pressure transducer market is categorized into reusable transducers and disposable transducers. On the basis of technology the global blood pressure transducer market is categorized into digital, aneroid and wearable. On the basis of end user the global blood pressure transducer market is categorized into hospitals, ambulatory surgical centers, clinics, and diagnostic laboratories.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and rest of the world. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China.
The report provides profiles of the companies in the global blood pressure transducer market such as B. Braun, Biosensors International, Fiso Technologies Inc, Fogg System Company, iWorx Systems, Junken Medical, Medline Industries, Merit Medical Systems, Argon Medical Devices, and AD Instruments.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global blood pressure transducer market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter's five forces analysis and DRO analysis of blood pressure transducer market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the blood pressure transducer market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the blood pressure transducer market to understand the present and future trends in this market and formulate their strategies accordingly.