Blood Pressure Monitoring Devices & Accessories Market Trends and Forecast 2019 - 2027

Health-conscious Millennials Influence Demand for Compact Blood Pressure Monitoring Devices & Accessories

Over the past decade, hypertension has emerged as one of the leading global health problems affecting more than a billion individuals. While there are several causes of hypertension, it is imperative to treat the condition to prevent myocardial infarction, kidney failure, and stroke. Moreover, hypertension is one of the major causes of cardiovascular mortality and morbidity. Traditional techniques of managing and diagnosing hypertension are largely relied on indirect measurement of the blood pressure. Home or ambulatory blood pressure monitoring techniques are still recommended by the American Society of Hypertension and the European Society of Hypertension.

Report Overview: https://www.transparencymarketresearch.com/blood-pressure-monitoring-market.html

In recent times, within the blood pressure monitoring devices & accessories market, there has been significant progress in the development of automated blood pressure monitoring devices & accessories. However, there is significant research being carried out to improve the accuracy and precision of these devices. The advent of new blood pressure monitoring devices & accessories integrated with advanced technologies is set to provide a significant boost to the growth of the global blood pressure monitoring devices & accessories market during the forecast period (2019-2027). The blood pressure monitoring devices & accessories market is expected to reach a value of ~US$ 3.5 Bn by the end of 2027.

Potential of Cuffless Blood Pressure Monitoring Devices & Accessories under Review

Conventional blood pressure monitoring techniques, including oscillometric and auscultatory techniques, are extensively used across the world for blood pressure monitoring. However, in the current scenario, awareness about cuffless blood pressure monitoring has gained significant traction and the trend is likely to continue in the blood pressure monitoring devices & accessories market during the forecast period. The demand for cuffless blood pressure monitoring devices & accessories will largely rely on functionalities of the product, along with other factors including user-friendliness and pricing. At present, automated blood pressure measurement techniques are gaining significant popularity, as they play a key role in reducing the workload of healthcare personnel.

Cuffless blood pressure monitoring devices & accessories are likely to witness significant adoption in homecare settings and hospitals worldwide. Cuffless blood pressure monitoring devices & accessories are gaining popularity due to drawbacks of cuff blood pressure monitoring devices & accessories, such as restricted user movement, along with discomfort and nervousness. Furthermore, a Danish medical device company, Sense A/S is of the opinion that a range of cardiovascular diseases can be effectively diagnosed by measuring the blood pressure using a basic 24-h circadian rhythm in which the cuff technique is not suitable.

Request A Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1630

Adoption of Technologically Advanced Wearable Health Devices to Rise

Non-invasive blood pressure monitoring techniques has gained worldwide acceptance over invasive blood pressure monitoring techniques over the past few decades. In recent years, owing to advancements in technology and a significant focus on product development, portable blood pressure monitoring devices & accessories are entering the blood pressure monitoring devices & accessories market. Additionally, years of research and development has paved the way for advanced blood pressure monitoring devices. For instance, smartphone sensors are increasingly being used for blood pressure monitoring, particularly in home care settings.

The adoption of smartphone sensors for blood pressure monitoring is expected to grow at a significant pace, as it offers a higher degree of convenience than the conventional cuff method. According to the team of researchers at the University of Maryland and Michigan State University, the creators of mobile sensors, the newly developed device is likely to encourage individuals to monitor their blood pressure more often and detect hypertension.

While blood pressure monitoring devices & accessories integrated with embedded sensors are expected to become mainstream in the coming years, the demand for wearable fitness technology will experience growth. Driven by the ascending consumer appetite to monitor different health parameters, the demand for wearable medical or fitness technology has grown at an exponential rate in the past few years. Smart health watches, wearable ECG monitors, and wearable blood pressure monitors are expected to revolutionize blood pressure monitoring in the next few years. The global blood pressure monitoring devices & accessories market is on course to enter a digital era wherein blood pressure devices & accessories are likely to decrease in size, offer accurate results, and become more user-friendly.

Request Report Methodology: https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=1630

Analysts' Viewpoint

The global blood pressure monitoring devices & accessories market is expected to grow at a CAGR of ~7% during the forecast period. The growth can be largely attributed to rising health awareness among millennials, advancements in technology, growing focus on product innovation, and swelling adoption of wearable monitoring health devices.

Moreover, the adoption of blood pressure monitoring devices & accessories will remain high in hospitals and home care settings during the forecast period. Stakeholders in the blood pressure monitoring devices & accessories market landscape should align their business operations in tune with the evolving user demand and integrate advanced technologies to improve precision of their devices.  

Blood Pressure Monitoring Devices & Accessories Market: Overview

According to Transparency Market Research's latest research report on the global blood pressure monitoring devices & accessories market for the historical period (2017-2018) and the forecast period (2019-2027), high prevalence of hypertension is anticipated to drive the global blood pressure monitoring devices & accessories market in the near future
According to the report, the global blood pressure monitoring devices & accessories market was valued at ~US$ 1.9 Bnin 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027

High Prevalence of Hypertension: A Key Driver

Hypertension is a serious medical condition that significantly increases the risks of heart, brain, kidney, and other diseases. Hypertension is a major cause of premature death across the world.
According to the World Health Organization (WHO), prevalence of hypertension varies across the WHO regions and country income groups. The WHO African Region has the highest prevalence of hypertension (27%), while the WHO Region of the Americas has the lowest prevalence (18%).

Prevalence of hypertension exhibits a strong association with the increase in BMI and tribals with BMI > 25 were considerably more in number to have high blood pressure. Salt intake is directly related to hypertension. The prevalence of hypertension was significantly greater among those whose salt intake was more than 10 g per day.

Hypertension is considered to be a highly common disorder escalating drastically across the world. It is known as a "silent killer", as it exhibits no signs or symptoms before diagnosis.

According to the CDC research in 2017, prevalence of hypertension in the U.S. was estimated to be 29%, with around 103 millionadults in the country affected. An AHA journal published in 2019 stated that 43 million people in Japan were suffering from hypertension, and only half of the patients received treatment.

Changing lifestyle, along with poor diet, lack of physical activity, alcohol consumption, and mental stress lead to a rise in blood pressure at an early stage. This drives the need of blood pressure diagnostic devices.

All the above-mentioned factors lead for high prevalence of hypertension which is projected to drive the global blood pressure monitoring devices & accessories market during the forecast period

Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1630

Periodic Calibration and Clinical Validation of Instruments to Hamper Global Market

The era of automated and digital blood pressure monitors is positively influencing the adoption rate of technological advancements
However, automated, digital, and aneroid sphygmomanometers need to be calibrated periodically by comparing the instrument with a standard and well-maintained mercury sphygmomanometer. The process is carried out by professional and trained personnel to ensure precise and effective measurement and correction of linear errors.

This is likely to hamper the blood pressure monitoring devices & accessories market during the forecast period

Hence, periodic calibration and clinical validation of instruments is projected to restrain the global blood pressure monitoring devices & accessories market during the forecast period

Lack of Reimbursement

Reimbursement is not provided for all types of sphygmomanometers and blood pressure monitors. For instance, Medicaid focuses solely on home blood pressure monitors.

Medicare's reimbursement services for ambulatory blood pressure monitors are applicable only for "white-coat hypertension" suspected cases
Rise in awareness about hypertension and its prevalence is likely to offset the impact of this restraint during the forecast period

Blood Pressure Monitoring Devices & Accessories Market: Competitive Landscape

This report profiles major players operating in the global blood pressure monitoring devices & accessories market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments

The global blood pressure monitoring devices & accessories market is moderately fragmented, with the presence of a few large players in the international market and numerous small players in regional markets. The top 4 to 5 players hold major share of the global blood pressure monitoring devices &  accessories market.
Prominent players operating in the global blood pressure monitoring devices & accessories market include
Omron Healthcare, Inc.
Koninklijke Philips N.V.
Schiller AG
American Diagnostic Corporation
SPENGLER
Spacelabs Healthcare
Withings SA
Welch Allyn, Inc.
SunTech Medical, Inc.
A&D Medical
GE Healthcare

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: 1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

This release was published on openPR.