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Global Blood Pressure Monitoring Devices and Accessories Market Size Share 2025 - MarketResearchReports.biz
A report by Transparency Market Research finds that the global blood pressure monitoring devices and accessories market will likely rise at a steady CAGR of 7.0% during the period between 2017 and 2025. Expanding at this pace, the market which was worth US$1.75 bn in 2016 is expected to become worth US$3.18 bn by 2025.
Global Blood Pressure Monitoring Devices and Accessories Market: Overview
This report on the global blood pressure monitoring devices & accessories market analyzes the current and future scenario of the global market. Rise in private and public funding for diagnostic medical devices, rising demand for advanced blood pressure monitoring devices, and favorable regulatory scenario for new devices are boosting the growth of the global blood pressure monitoring devices & accessories market. Incorporation of multiple features in the devices, and increasing prevalence of hypertension are some of the factors expected to drive the growth of global blood pressure monitoring devices & accessories market during the forecast period.
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The blood pressure monitoring devices & accessories market report comprises an elaborate executive summary, which includes market snapshot that provides information about various segments. It also provides information and data analysis of the global market with respect to the segments based on device type, end-user, and geography. A detailed qualitative analysis of drivers and restraints, and opportunities has been provided in the market overview section. Additionally, the section comprises Porter’s Five Forces analysis to help understand the competitive landscape in the market. This section also provides market attractiveness analysis in terms of geography and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global blood pressure monitoring devices & accessories market.
Global Blood Pressure Monitoring Devices and Accessories Market: Segmentation
The global blood pressure monitoring devices & accessories market has been segmented according to device type & end-user. Based on the device type, the market is divided into sphygmomanometers, automatic blood pressure monitors, ambulatory blood pressure monitors, blood pressure transducers, and blood pressure instrument accessories. Sphygmomanometers are further categorized into mercury sphygmomanometers, aneroid sphygmomanometers, and digital sphygmomanometers, while blood pressure transducers has been further classified into disposable & reusable transducers.
The blood pressure instrument accessories are further sub-divided into blood pressure cuffs, and bladders, bulbs & valves. Automatic blood pressure monitors segment is projected to be the most attractive segment of the blood pressure monitoring devices & accessories market, in terms of value and volume, due to their increasing demand for measurement of blood pressure at home. The market segments have been analyzed based on cost-effectiveness of the devices, prevalence of hypertension, and growing demand for the diagnostic tools. The market size and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.
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On the basis of end-user, the global blood pressure monitoring devices & accessories market is classified into hospitals, ambulatory surgical centers, clinics, homecare settings, and others. Under the end-user segment, the hospitals segment accounted for the largest share of the global blood pressure monitoring devices & accessories market in 2016. Homecare settings segment is likely to grow at highest CAGR during the forecast period.
Geographically, the global blood pressure monitoring devices & accessories market has been categorized into five major regions and the key countries in the respective region: North America (U.S. and Canada), Europe (U.K., Germany, France, Spain, Italy, Russia and Rest of Europe), Asia Pacific (India, Japan, China, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (South Africa, GCC Countries, and Rest of Middle East & Africa).
Global Blood Pressure Monitoring Devices and Accessories Market: Competitive Analysis
The report also profiles major players in the global blood pressure monitoring devices & accessories market based on various attributes such as company overview, financial overview, product portfolio, business strategies, SWOT analysis, and recent developments. Major players profiled in this report include Omron Healthcare, Inc. (OMRON Corporation), Koninklijke Philips N.V., Schiller AG, American Diagnostic Corporation, SPENGLER, Spacelabs Healthcare, Bosch + Sohn GmbH u. Co. KG, Withings SA, Welch Allyn, Inc. (Hill-Rom), SunTech Medical, Inc. (Halma plc), A&D Medical, and GE Healthcare.
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The global blood pressure monitoring devices & accessories market has been segmented as given below:
Global Blood Pressure Monitoring Devices and Accessories Market, by Technology
Sphygmomanometers
Mercury Sphygmomanometers
Aneroid Sphygmomanometers
Digital Sphygmomanometers
Automatic Blood Pressure Monitors
Ambulatory Blood Pressure Monitors
Blood Pressure Transducers
Disposable Blood Pressure Transducers
Reusable Blood Pressure Transducers
Blood Pressure Instrument Accessories
Blood Pressure Cuffs
Bladders, Bulbs & Valves
Global Blood Pressure Monitoring Devices and Accessories Market, by End-user
Hospitals
Ambulatory Surgical centers
Clinics
Homecare Settings
Others
Global Blood Pressure Monitoring Devices and Accessories Market, by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
India
China
Japan
Australia & New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa
Table of Content
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Blood Pressure Monitoring Devices & Accessories Market
4. Market Overview
4.1. Introduction
4.1.1. Device Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Key Market Indicators
4.4. Market Dynamics
4.4.1. Drivers
4.4.1.1. Rising government initiatives in preventive health care programs
4.4.1.2. High prevalence of hypertension
4.4.1.3. Increasing popularity of self-diagnosis
4.4.1.4. Miniaturization of blood pressure monitoring instruments
4.4.1.5. Rising private venture funding to increase adoption rate of new technologies
4.4.2. Restraints
4.4.2.1. Unstable reimbursement policies
4.4.2.2. Periodic calibration and clinical validation of instruments
4.4.3. Opportunity
4.4.3.1. Incorporation of multiple functional tools in the devices
4.4.3.2. Investments by key players in Asia Pacific
4.5. Global Blood Pressure Monitoring Devices & Accessories Market Analysis and Forecasts, 2015–2025
4.5.1. Market Volume Projections, 2015–2025
4.5.2. Market Revenue Projections (US$ Mn)
4.6. Porter’s Five Force Analysis
4.7. Value Chain Analysis
4.8. Market Outlook
4.9. Blood Pressure Monitoring Devices & Accessories: Patent Landscape
4.10. Blood Pressure Monitoring Devices & Accessories: Comparative Study
4.11. Arm-type Vs. Wrist-type
4.12. Auscultatory Technique vs. Oscillometric Technique
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