Blood Pressure Monitoring Devices and Accessories Market Poised to Grow at a CAGR of 7% by 2024

Blood Pressure Monitoring Devices and Accessories Market Poised to Grow at a CAGR of 7% by 2024


Infinium Global Research has added a new report on Blood Pressure Monitoring Devices and Accessories Market. The report presents analysis of global as well as regional markets of blood pressure monitoring devices and accessories market over the period of 2016 to 2024. The blood pressure monitoring device is a device that is used for measuring the blood pressure and recording the information continuously.  These blood pressure monitoring devices are planned for personal use that helps to track the health status of a patient. High blood pressure causes several diseases such as heart attack, renal failure and stroke hence, blood pressure monitoring is essential for determining the severity of a patient condition. Blood pressure monitoring is like a snapshot that measures blood pressure at that moment. Blood pressure is inclined by arterial stiffness, total peripheral resistance, cardiac output, and differs depending on situation, activity, emotional state, and relative health/disease states. Different types of blood pressure monitoring devices and accessories available in the market are automatic blood pressure monitors, ambulatory blood pressure monitors, sphygmomanometers, blood pressure instrument accessories and blood pressure transducers.


Factors such as an increase in aged population inclined to high blood pressure are anticipated to drive the demand for blood pressure monitoring devices. Further, increase occurrences of hypertension, increasing awareness among individuals regarding the effect of high/ low blood pressure on health are also boosting the growth of blood pressure monitoring device and accessories market. Growing consciousness levels and demand for personalized and portable devices for blood pressure monitoring is also responsible for the growth of this market. Additionally, growing incidence of hypertension has directed to increasing demand for rapid, accurate and cost-effective diagnostic solutions and for this, blood pressure monitors are one of the dynamic sign monitors of life. Cost effective and accurate features of this devices will further create an oppornuties in upcoming years resulting in the growth of the market.

 

 

In terms of geographic, North America has dominated the market growth followed by Europe and the Asia Pacific region. The growth in North America is due to increase in the incidence of hypertension and growing preference of patients for digitally and technologically advanced blood pressure monitoring devices are boosting the growth of blood pressure monitoring device and accessories market. Europe region is driven by factors such as strong public health policies and extensively available diagnosis and treatment option in the developed nations. The growth in the Asia Pacific region is due to the presence of noticeable market players in the countries of India, China, and Japan who have well-established distribution channels and apart from that, the shifting trend towards defensive healthcare is also fuelling the growth of blood pressure monitoring device and accessories market. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global blood pressure monitoring devices and accessories market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.



 

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The recent report identified that North America dominated the global blood pressure monitoring devices and accessories market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the blood pressure monitoring devices and accessories market worldwide.

 

The report segments the global blood pressure monitoring devices and accessories market on the basis of Device and End-user.

 

Global Blood Pressure Monitoring Devices and Accessories Market by Device

·         Blood Pressure Transducers

·         Sphygmomanometers

·         Ambulatory Blood Pressure Monitors

·         Blood Pressure Instrument Accessories

·         Blood Pressure Instrument Accessories

 

Global Blood Pressure Monitoring Devices and Accessories Market by End-user 

·         Clinics

·         Hospitals

·         Home Care Settings

·         Ambulatory Surgical Centers

 

Companies Profiled in the Report

·         GE Healthcare

·         SunTech Medical, Inc.

·         Withings SA

·         Spacelabs Healthcare

·         American Diagnostic Corporation

·         Koninklijke Philips N.V.

·         A&D Medical

·         Welch Allyn, Inc.

·         SPENGLER

·         Schiller AG

 

About Infinium Global Research

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