Digital Sphygmomanometer Market will Experience Robust Growth from 2016 to 2025

Industry Trend Analysis
The global digital sphygmomanometer market will experience robust growth from 2016 to 2025. This can be primarily attributed to number of factors such as the rise in major risk factors for hypertension, increased awareness towards timely control and effective management of hypertension, growing preference for self-monitoring, increasing prevalence of hypertension, and rise in geriatric population. Hypertension is one of the key factors responsible for stroke and heart disease. For instance, according to the Centers for Disease Control and Prevention (CDC), about 75 million Americans (i.e., 1 of 3 adults) have high BP. Moreover, CDC states that 54% of these adults have their BP under control. In addition to this, around 7 in 10 people have their first heart attack due to high BP. Every year, the country spends almost 46 billion on the management of such high prevalence of hypertension. However, as per the studies conducted, it has been observed that the results obtained through digital sphygmomanometer are less accurate as compared to mercury and aneroid sphygmomanometers. Thus, this concern can limit their adoption by healthcare organizations, thus restraining the market growth.

Product Type Outlook and Trend Analysis
There are different types of digital sphygmomanometer available in the market. On a broader level, these are classified into: upper arm blood pressure monitors, wrist blood pressure monitors, ambulatory blood pressure monitors, and pediatric blood pressure monitors. Among these, wrist and upper arm blood pressure monitors are the widely adopted monitors while ambulatory BP monitors are primarily used for continuous monitoring of blood pressure.

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End User Outlook and Trend Analysis
The homecare settings segment dominated the global market for digital sphygmomanometer in 2016 due to ease of usability, and increased adoption of these devices owing to growing awareness related to vital signs monitoring. Moreover, increased adoption of wearable devices among patients to sustain a healthy lifestyle is further contributing to the growth of this segment.

Regional Outlook and Trend Analysis
North America accounted for a majority share of the global digital sphygmomanometer market in 2016 owing to presence of advanced healthcare infrastructure along with advancements in remote physiological monitoring in the region. The Asia-Pacific digital sphygmomanometer market is projected to exhibit significant growth during the forecast period due to increasing healthcare expenditure in countries such as China and India along with increased awareness related to the advantages of vital signs monitoring at home.

Competitive Insights
The key strategy adopted by the major players operating in the global digital sphygmomanometer market is product development. For instance, in October 2013, Omron Healthcare India launched four new models (OMRON HEM-7120, HEM-7121, HEM-7130, & HEM-7132 BP monitors) in its home blood pressure monitor product line. This product launch aims to strengthen Omron’s position in the digital blood pressure monitors. Moreover, in July 2017, SunTech Medical acquired non-invasive blood pressure (NIBP) monitoring product portfolio from CAS Medical Systems, Inc. Such strategic acquisitions will complement their product portfolio, which will further contribute to the development of innovative technologies.

Some of the key players in this market are, Microlife Corporation, Medline Industries, Inc., ARCHOS, Rossmax International Ltd., Rudolf Riester GmbH, Yuwell-Jiangsu Yuyue medical equipment & supply Co., Ltd., Omron Healthcare, Inc., SunTech Medical, Inc., Welch Allyn, and Contec Medical Systems Co., Ltd.

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Digital Sphygmomanometer Market Segmentation:
By Product Type:
Upper Arm Blood Pressure Monitors
Wrist Blood Pressure Monitors
Ambulatory Blood Pressure Monitors
Pediatric Blood Pressure Monitors

By End User:
Home Care Settings
Ambulatory Surgery Centers
Hospitals & Clinics
Ambulances

By Region:
• North America
o U.S
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
• Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others

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Some of the key questions answered by the report are:
• What was the market size in 2016 and forecast from 2017 to 2025?
• What will be the industry market growth from 2017 to 2025?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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