Blood Pressure Transducer Market Poised to grow at a CAGR of 5.7% by 2024
Infinium Global Research has added a new report on Blood
Pressure Transducer Market. The report presents analysis of global as
well as regional markets of blood pressure transducer market over the period of
2016 to 2024.
Rising geriatric population
affected with blood pressure related problem, due to high or low blood pressure
is expected to increase the consumers for blood pressure transducer market. However,
accuracy of 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. Blood pressure transducer are one of the
vital sign monitor 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, Japan and
Asia Pacific owing to high occurrence of cardiovascular disease suffering from
hypertension in U.S. The presence of emerging economies like China,
India; the large population and rising
incidence of chronic diseases in
these countries due to changing life style; changing standards of living; increasing demand for global medical facilities; increasing
healthcare spending and government initiatives; rising awareness about the use
of blood pressure transducer among physicians or doctors; and growth in the
demand for diagnostics are some major factors driving the high growth of this
In April 2018, B. Braun Opened five new medical production facilities
in Penang, Malaysia. These new facilities in Malaysia
manufacture medical devices for infusion therapy, pharmaceutical solutions and
surgical instruments for the treatment of patients globally.
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 transducer 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 transducer 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 transducer market worldwide.
The report segments the global blood pressure transducer market
on the basis of Product type, Based on Technology and End-User.
Global Blood Pressure Transducer Market by Product
Global Blood Pressure Transducer Market by Based
Global Blood Pressure Transducer Market by
Ambulatory Surgical Centers
Companies Profiled in the Report
Fogg System Company
Merit Medical Systems
Argon Medical Devices
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