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ABPM Devices Market Set to Grow $142 Million by 2025, Globally

03-14-2019 01:34 PM CET | Health & Medicine

Press release from: Allied Market Research

ABPM Devices Market

ABPM Devices Market

Diagnosis and treatment of hypertension is a serious undertaking, and research shows that pedestrian blood pressure monitoring (ABPM) is far superior to other tests provided by clinicians. Our ABPM devices provide proven useful diagnostic information for all three internationally recognized protocols that can not be measured by in-hospital and blood pressure monitoring systems.

The global ABPM devices market was valued at $84million in 2017, and is projected to reach $142 million at a CAGR of 6.7% from 2018 to 2025.

Download Sample of the Report @ https://www.alliedmarketresearch.com/request-sample/4539

The major factors that drive the growth of the global ABPM patient monitors market include rise in number of hypertension cases due to obesity, cardiovascular diseases, and diabetes that may lead to high blood pressure. Moreover, increase in geriatric population, growth in demand of non-invasive devices for measuring blood pressure, and transformation from physician-centered to the patient-centered model fuel the market growth. However, expensive ABPM monitors and lack of awareness in the developing regions are expected to restrain the market growth. Conversely, high market potential in the emerging markets, such as China and India, and increase in healthcare expenditure in the developing countries are expected to provide lucrative opportunities to the market players.

The arm ABPM devices segment occupied the largest share in 2017 due to the high usage, applicability, and availability of these devices for measuring ambulatory blood pressure. It is anticipated to continue its dominance during the forecast period. However, the wrist ABPM devices segment is expected to grow at the highest CAGR from 2018 to 2025.

The utilization rate of ambulatory surgical centers segment is expected to grow at a CAGR of 8.5% during the forecast period. This is attributed to increase in incidence of hypertension, which results in adoption of blood pressure measuring devices.

Key findings of the ABPM Devices Market:

• Arm ABPM devices segment accounted for more than two-thirds share of the global ABPM devices market in 2017.
• Hospitals segment accounted for more than two-fifths share of the global ABPM devices market in 2025.
• Ambulatory surgical centers segment accounted for around one-fourth share of the global ABPM devices market in 2017.
• Asia-Pacific accounted for around one-fifth share of the global ABPM devices market in 2017.

North America was the leading revenue contributor to the global ABPM devices market, accounting for nearly one-third of the global market. This is attributed to the early approval of ABPM devices and high use of these devices due to rise in incidence of hypertension. However, Asia-Pacific is expected to grow at the highest CAGR of 8.3% during the study period due to increase in affordability, surge in healthcare expenditure, and rise in awareness toward ambulatory blood pressure.

More Info @ https://www.medgadget.com/2019/01/abpm-devices-market-comprehensive-analysis-of-factors-that-drive-market-growth-2018-2025.html

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Allied Market Research, a market research and advisory company of Allied Analytics LLP,
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