Global Blood Pressure Monitoring Device Market will reach USD 3.25 Billion by 2021: Zion Market Research
Sarasota, FL, Dec. 30, 2016 (GLOBE NEWSWIRE) — Zion Research has published a new report Titled “Blood Pressure Monitoring Device Market by Device Type (Mercury based Blood Pressure Monitor and Digital Blood Pressure Monitor) and by Accessory Type (Blood Pressure Cuffs, Manometers, Valves & Bladders, and Others) for Hospitals, Homecare, Diagnostics Laboratory and Others Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, the global blood pressure monitoring device market accounted for around USD 2.15 billion in 2015 and is expected to reach approximately USD 3.25 billion by 2021, growing at a CAGR of around 7.5% between 2016 and 2021.
Blood pressure refers to force exerted by blood on the walls of blood vessels as the result of the heart pump. The systolic blood pressure defined as the highest pressure in the arteries when the hearts contracts while the diastolic blood pressure is defined as lowest pressure when the heart relaxes. Blood pressure monitoring devices used to understand the risks of blood pressure and help in management, measurement, and monitoring of the problems of blood pressure.
Browse through 18 Market Tables and 28 Figures spread over 110 Pages and in-depth TOC on “Global Blood Pressure Monitoring Device Market: Type, Accessory, End User, Size, Analysis, Segment and Forecast 2015-2021”.
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The major factor responsible for the growth of blood pressure monitoring device market is increased preventive care of the geriatric and obese population. In addition, emerging technologies for automation in blood pressure monitoring is largely contributing to the growth of blood pressure monitoring device market. On another hand, high cost and low accuracy rate of devices are affecting the growth of blood pressure monitoring device market. However, untapped market, increasing the prevalence of chronic disease and support by governments is expected to generate new opportunities during the forecast period for blood pressure monitoring device market.
On the basis of device type, the market of blood pressure monitoring device is bifurcated as mercury-based blood pressure monitor and digital blood pressure monitor. Among these tow type mercury-based blood pressure monitor segment was leading the market but the nowadays digital blood pressure monitor segment is leading the market with CAGR of around 13.5%. Mercury based blood pressure monitor is referred as the gold standard portable device for blood pressure but it contains the toxic substance and requires clinical skills to operate. Mercury based blood pressure monitor is further classified as mercury sphygmomanometer and aneroid sphygmomanometers and digital blood pressure monitors are classified as arm-type, wrist-type, and finger-type.
Browse the full “Blood pressure monitoring device market by device type (mercury based blood pressure monitor and digital blood pressure monitor) and by accessory type (blood pressure cuffs, manometers, valves & bladders, and others) for hospitals, homecare, diagnostics laboratory and others global industry perspective, comprehensive analysis and forecast, 2015 – 2021” report at https://www.zionmarketresearch.com/news/3d-printing-gases-market
On the basis of accessory type, the market of blood pressure monitoring device is segmented as blood pressure cuffs, manometers, valves & bladders, and others. Due to high demand blood pressure cuffs and manometers segments is dominating the market and it is expected to remain dominant in the forecast period.
On the basis of the end user, the market of the blood pressure monitoring device is segmented as hospitals, home care, diagnostics laboratory and others. As a result of increasing geriatric population, preventive care has been increased thus homecare segment is dominating the blood pressure monitoring device market.
Key operating players in blood pressure monitoring device market are like Omron Healthcare, Panasonic Corporation, GF Health Products Inc, A&D Medical Inc., Welch Allyn Inc., American Diagnostics Corporation, SunTech Medical, Inc., Withings, Briggs Healthcare, Microlife AG, Kaz Inc., Philips Healthcare, Rossmax International Ltd., Spacelabs Healthcare Inc., and GE Healthcare.
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This report segments the blood pressure monitoring device market as follows:
Blood Pressure Monitoring Device Market: Accessory Type Segment Analysis
- Blood Pressure Cuffs
- Manometers
- Valves and Bladders
- Others
Blood Pressure Monitoring Device Market: End User Segment Analysis
- Hospitals
- Homecare
- Diagnostics laboratory
- Others
Blood Pressure Monitoring Device Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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