Pressure Monitoring Devices Market Share and Growth Rate 2019: Withings (France), Koninklijke Philips N.V ( Netherlands)., American Diagnostic Corporation (US), GENERAL ELECTRIC (US), Welch Allyn (US), Omron Healthcare, Inc. (US)
This Pressure Monitoring Devices Market report is very reliable as all the data and the information regarding the Monitoring Devices industry is collected via genuine sources such as websites, journals, annual reports of the companies, and magazines. This global market research report is likely to show a considerable growth of market in percentage during the forecast period of 2019-2026. Key insights of the report are complete and distinct analysis of the market drivers and restraints, major market players involved in this industry, detailed analysis of the market segmentation and competitive analysis of the key players involved.
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Global Pressure Monitoring Devices Market is expected to rise from its initial estimated value of USD 7.33 billion in 2018 to an estimated value of USD 11.86 billion by 2026, registering a CAGR of 6.2% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand for tools and services to manage hypertension.
Key Market Competitors:
Few of the major competitors currently working in the Pressure Monitoring Devices market are Withings (France) , Koninklijke Philips N.V ( Netherlands)., American Diagnostic Corporation (US), GENERAL ELECTRIC (US), Welch Allyn (US), Omron Healthcare, Inc.. (US), A&D Company, Limited (US), SunTech Medical, Inc. (US), Spirit Medical Co. (TAIWAN), Briggs Healthcare (US), Drägerwerk AG & Co. KGaA (Germany), Siemens Healthcare Private Limited (Germany), Medtronic ( Ireland), CAS Medical Systems, Inc (US)., Rossmax International Ltd (Taiwan)., GF HEALTH PRODUCTS, INC. (US), OSI Systems, Inc (US)., NIHON KOHDEN CORPORATION (JAPAN )., Compumedics Limited (Australia), Electrical Geodesics, Inc. (US) among others.
Key Developments in the Market:
• In Feb 2019, American Medical Association (AMA), has launched a new data management model The Integrated Health Model Initiative (IHMI). IHMI will help to manage critical data that has often gone uncollected, unanalyzed, or unshared. By this organization expects that this previously untapped data will give new opportunities to improve health outcomes.
• In April 2019, Livongo announced the Livongo for Diabetes program this will allow to ask any of their Alexa-enabled devices to provide their blood glucose readings and health tips. It is first consumer digital health company to collaborate with Amazon Alexa on a new HIPAA-compliant healthcare.
• Increased the demand for tools and services to manage hypertension
• The technological advancements in pressure monitoring devices
• Increasing government initiatives to prevent the deaths due to hypertension
• Increase in geriatric population
• People are unaware about pressure monitoring devices this is working as a market restraints
• Due to death by blood pressure and WHO has made high global standard for devices
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The usage of pressure monitoring devices market are growing rapidly because of the increasing work pressure due to which stress is increasing day by day, Lifestyle is changing daily in terms of living, the daily food consumption, People are now-a-days are not health conscious and hence this is the reason why obesity is found in huge numbers over the globe. Geriatric population, rising obese population, sedentary lifestyle are the factors that contribute to the growing incidence of hypertension. The high blood pressure generally develops with changing lifestyle and growing age. Rising incidence of blood pressure increases the awareness about blood pressure monitoring techniques. Hypertension is a chronic condition and a leading cause of death and is responsible for cardiovascular diseases and heart attacks globally.
According to world Health Organization, there were an estimated 7.5 million deaths in 2008 due to raise in blood pressure, globally, the overall prevalence of raised blood pressure in adults aged 25 and over was around 40% in 2008. This significant number is expected to act as a driver to the market growth.
Segmentation: Global Pressure Monitoring Devices Market
• Blood Pressure Monitors
o Automated Blood Pressure Monitors
o Ambulatory Blood Pressure Monitors
o Blood Pressure transducers
o Components and Accessories
• Pulmonary Pressure Monitors
• Intraocular Pressure Monitors
• Intracranial Pressure Monitors
• Respiratory Disorders
• Cardiac Disorders
• Neurological Disorders
By End Users
• Diagnostics laboratories
• Invasive monitoring devices
o External Ventricular Drainage
o Microtransducer Monitor
• Non-Invasive monitoring devices
o Transcranial Doppler Ultrasonography
o Optic Nerve Sheath Displacement
o Tympanic Membrane Displacement (TMD)
o Fundoscopy (papilledema)
• North America
• South America
• Middle East & Africa
Reasons to Purchase this Report -
Current and future of global pressure monitoring devices market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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