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Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Dynamics with Top Players, CAGR Value, Opportunities, Regional Growth and Forecast to 2027
Report Ocean presents a new report on Ambulatory Blood Pressure Monitoring (ABPM) Devices Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future.ABPM patient monitors are non-invasive medical devices used for detecting blood pressure and it can be carried over the patient for 24 hours, even during sleep. The patient is connected to the device by a belt around their body and a cuff around the upper arm that measures the blood pressure.
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In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Ambulatory Blood Pressure Monitoring (ABPM) Devices Market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.
The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
The global ambulatory blood pressure monitoring (ABPM) devices market was valued at $84 million in 2017, and is projected to reach $142 million at a CAGR of 6.7% from 2018 to 2025. Rise in number of hypertension cases due to increase in prevalence of diabetes, cardiovascular diseases, and obesity conditions is the major factor that contributes to the growth of the market.
Moreover, adoption of patient-centered medical devices, growth in geriatric population, and increase in demand for non-invasive procedures for measuring blood pressure are expected to fuel the market growth. However, expensive ABPM devices and lack of awareness about the ambulatory blood pressure monitoring in developing nations are anticipated to hinder the market growth. Conversely, rise in healthcare infrastructure and creative marketing initiatives by key vendors in emerging countries are expected to provide lucrative opportunities for the market expansion during the forecast period.
The ABPM patient monitors market is segmented based on product, end user, and region. Based on product, the market is divided into arm and wrist ABPM patient monitors. In terms of end user, the market is classified into hospitals, ambulatory surgical centers (ASCs), and others. Based on region, the market is analyzed in four regions namely North America, Europe, Asia-Pacific, and LAMEA.
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Key Benefits for Ambulatory Blood Pressure Monitoring (ABPM) Devices Market:
The study provides an in-depth analysis of the global ABPM devices market along with the current trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
Ambulatory Blood Pressure Monitoring (ABPM) Devices Key Market Segments:
By Product
Arm ABPM Patient Monitors
Wrist ABPM Patient Monitors
By End User
Hospitals
Ambulatory Surgical Centers (ASCs)
Others
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By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
List Of Key Players Profiled in the Report
Spacelabs Healthcare, Inc.
Welch Allyn, Inc.
SunTech Medical
Schiller AG
Bosch & Sohn GmbH & Co. KG
Contec Inc. (Parent Company: DAIFUKU CO., LTD.)
GE Company
Rudolf Riester GmbH
Vaso Corporation
BPL Group
List Of Other Players in the Value Chain (These players are not profiled in the report. The same will be included on request)
Mortara Instrument, Inc.
Daray Medical
Omron Healthcare Company
Microlife Corporation
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What are the aspects of this report that relate to regional analysis?
The report's geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
Following are the questions answered by the Market report:
What are the goals of the report?
This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.
On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.
The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.
The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes various factors contributing to the market's growth.
The report analyzes the growth rate, market size, and market valuation for the forecast period.
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What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.
The report provides an overview of major vendors in the market, including key players.
Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.
This report includes a comparison of market competitors and a discussion of the standpoints of the major players.
Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
What are the key findings of the report?
This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter's Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
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Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com/
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
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