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Disposable Blood Pressure Cuffs Market Size to Enlarge with Growing Revenue at 13.4% of CAGR till 2026 | Top Vendors Are Conmed, GE Healthcare, Cardinal Health, Koninklijke Philips N.V., Microlife AG, etc.

02-19-2020 12:18 PM CET | Health & Medicine

Press release from: Reports And Data

Market Size - USD 142.8 Million in 2018, Market Growth - CAGR of 13.4%

Market Size - USD 142.8 Million in 2018, Market Growth - CAGR of 13.4%

According to the current analysis of Reports and Data, the global Disposable Blood Pressure Cuffs market was valued at USD 142.8 million in 2018 and is expected to reach USD 391.5 million by year 2026, at a CAGR of 13.4%. Disposable Blood Pressure cuffs are increasingly adopted by hospitals and clinics due to the high incidence of Hospital Acquired Infections (HAIs). The single-patient one-time use of blood pressure cuffs is designed specially to avoid cross-contamination. Several Disposable BP cuffs have been developed to meet the varying needs of patients and medical facilities.

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Companies considered and profiled in this market study
Conmed, GE Healthcare, Cardinal Health, Koninklijke Philips N.V., Microlife AG, Welch Allyn Inc., SunTech Medical Inc., Spacelabs Healthcare Inc., American Diagnostic Corporation, Omron Healthcare Inc., Briggs Healthcare

High incidence of hypertension among adults and pediatrics, obesity, sedentary lifestyle, and aging demographics are some of the key factors propelling market growth. According to the World Health Organization (WHO), beyond 39% of adults aged 18 years and over are overweight, and more than 40 million children under the age of 5 are obese. It is the most prevalent medical condition, and it is one of the primary reasons for hypertension, increasing the prevalence of overweight and obesity is expected to grow the demand for disposable BP cuffs. Increasing public awareness about contagious infections and HAIs due to reusable devices and medical accessories is expected to raise the demand. Moreover, technologically advanced products are expected to drive market growth.

The manufacturers are increasingly focusing on developing sustainable and user-friendly products at lower prices. There exists price competition between the key market players in the industry. For instance, Welch Allyn recently launched FlexiPort Blood Pressure Cuffs, which streamlines workflows. FlexiPort Cuff technology offers hospital options that facilitate single patient use to help reduce the risk of cross-contamination. Increasing worldwide stressful conditions in respect of workload, interpersonal crisis, etc. is expected to give rise to high BP conditions and giving rise to higher demand. However, an innovation of antimicrobial reusable BP cuffs and unfavorable reimbursement scenario, are the major hindrance for market growth during 2019-2026.

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Further key findings from the report suggest
1. Asia Pacific is expected to account for the 24.8% of the global Disposable Blood Pressure Cuffs market. Developing nations such China, and India are likely to witness high growth

2. Europe is the second largest region in terms of revenue generation after North America and was valued at USD 44.6 Million in 2018

3. As of 2018, Healthcare settings is the dominating Disposable Blood Pressure Cuffs which holds 42.7% of the global market. North American regional market is the chief revenue generating source for this product segment, followed by Europe and Asia-Pacific regions

4. Associated side effects related to Disposable Blood Pressure Cuffs and lack of favourable reimbursement policies globally

5. Adult Disposable BP Cuffs product type segment was valued at USD 55.4 million and is expected reach USD 149.8 million by 2026

6. Homecare settings is expected to be the fastest growing market segment during forecast period 2019-2026 with a CAGR of 14.1%.

For the purpose of this report, Reports and Data has segmented the Disposable Blood Pressure Cuffs market on the basis of Product Type, end use, and region:

Product Type (Revenue, USD Million; 2016-2026)
Neonatal Disposable Blood Pressure Cuffs
Pediatric Disposable Blood Pressure Cuffs
Adult Disposable Blood Pressure Cuffs

End Use (Revenue, USD Million; 2016-2026)
Healthcare Centers
Homecare settings
Academic and Research institutions

Regional Outlook (Revenue in USD Million; 2016-2026)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Browse the comprehensive TOC and data tables @ https://www.reportsanddata.com/report-detail/disposable-blood-pressure-cuffs-market

Key selling points of this research study
1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.
2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector
3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.
4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

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John Watson
Head of Business Development
Reports And Data
40 Wall St. 28th floor New York City, NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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