Blood Monitoring & Cardiac Monitoring Devices Market Is Expected To Generate Huge Profits by 2015-2019

Hypertension is a chronic medical condition where the arterial or systemic blood pressure remains persistently elevated, which is an indicator of underlying cardiovascular disease or malfunction. Blood and cardiac monitoring devices can provide medical information on a long term basis to reduce medical emergencies since patient information can be used to proactively provide care before an event can take place. Blood monitoring devices monitor several parameters of blood such as the amount of blood sugar, oxygen concentration, pH and blood gas i.e. concentration of hydrogen ions (pH), partial pressure of carbon dioxide (pCO2) and partial pressure of oxygen (pO2), blood pressure and cholesterol. Asia-pacific market is the fastest growing region and major contributors are India, China and South East Asia. These nations are anticipated to exhibit maximum growth in terms of market share and revenues in next 5 years majorly due to constant rise in incidences of cardiovascular diseases (CVD), rising disposable incomes, impending health care reforms and potential low cost manufacturing hubs. The global market for blood monitoring & cardiac monitoring devices was valued at US$ 17,770.3 million in 2014 and expected to grow to US$ 24,830.1 million by 2019 at a CAGR of 6.8% from 2015 to 2019.

Market Drivers:
Rising incidences of chronic diseases creating demand for better and improved care.
Increasing demand for non-invasive devices.
Increasing number of people opting for self-monitoring devices. Notable shift of patient care from hospital to homecare.
Ease of use and interpretation of wearable blood & cardiac monitoring devices driving sales.

Market Challenges:
Presence of alternatives in hemodynamic and cardiac monitoring restraining the growth.
Decreasing costs of blood glucose monitoring strips.

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Blood Monitoring Devices Covered In This Report:
Sphygmomanometers
Automated Blood Pressure Monitors
Ambulatory Blood Pressure Monitors
Single Point Blood Glucose Monitors
Blood Glucose Test Strips
Lancets
Continuous Blood Glucose Monitoring
Pulse Oximeters
Blood Gas Analyzers
Blood Cholesterol Monitors

Cardiac Monitoring Devices Covered In This Report:
Electrocardiograph (ECG)
Cardiac Event Monitors
Cardiac Output Monitors
Holter Monitors
Wearable Heart Rate Monitors

Key Vendors:
A&D Medical
Abbott Laboratories
Bayer Healthcare
DexCom
Dragerwerk AG
GE Healthcare
LifeScan (J&J)
Medtronic Inc
Mortara

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