Coronary Pressure Monitors Market 2018 – Top Players are Koninklijke Philips N.V. (Europe) and others.

Coronary Pressure Monitors Market Region Wise surveying Report is added on Marketresearchfuture.com with 90 pages. Global Coronary Pressure Monitors Market is expected to grow at a CAGR of 6.65% during the forecast period of 2018 to 2023. By Device (Sphygmomanometer, Automated Blood Pressure Monitor, BP Transducers, Ambulatory Blood Pressure Monitor), By Technology (Digital, Aneroid, Wearable), By End User (Hospitals) - Global Forecast till 2023

Market Scenario:

Coronary pressure monitors are devices used to examine the coronary blood pressure of the patients having hypertension, diabetes, and other cardiovascular diseases. The coronary pressure monitoring devices were discovered a long time back. However, during the last few decades, these devices had acquired a huge attention due to increasing patient population with cardiovascular diseases, which is likely to boost the market growth during the forecasted period. It is well-established that obesity can lead to cardiovascular problems. According to the World Health Organisation in 2015, over 17.7 million patients died from cardiovascular diseases accounting for 31% of the total deaths and it is estimated that about 39% of the adults aged above 18 were overweight in 2016. Moreover, the growing geriatric population and increasing use of non-invasive devices fuel the market growth. However, erroneous readings by coronary pressure monitoring devices may restrain the market growth during the forecasted period.

The global coronary pressure monitor market is expected to grow at a CAGR of 6.65% during forecast period, 2017-2023.

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Key players for global coronary pressure monitor market:

The key players in the global coronary pressure monitor market are Koninklijke Philips N.V. (Europe), General Electric Company (United States), Medtronic (Europe), Omron Corporation (Asia Pacific), A&D Medical Inc. (Asia Pacific), Drägerwerk AG & Co. KGaA (Europe), Rossmax International Ltd. (Asia Pacific), American Diagnostics Corp. (U.S.), and others.

Segmentation:

The global coronary pressure monitors market is segmented on the basis of devices, technology, and end users. On the basis of the devices, the market is segmented into sphygmomanometer, automated blood pressure monitor, BP transducers, ambulatory blood pressure monitor, instruments & accessories, and others. On the basis of the technology, the market is segmented into digital, aneroid, wearable, and others. On the basis of the end users, the market is segmented into hospitals, cardiac care centres, ambulatory centres & home care, academic institutes, and others.

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Regional Analysis:

America dominates the global coronary pressure monitor market owing to a well-developed healthcare sector and huge patient population for cardiovascular diseases. Apart from this, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America. According to the Centres for Disease Control and Prevention in 2015, over 630,000 Americans died from heart disease, which represented 1 in every 4 deaths.

Europe is the second largest coronary pressure monitor market, which is followed by Asia Pacific. Availability of funds for research, huge patient population, increasing healthcare expenditures, well-developed healthcare sector and government support for research & development are projected to drive the market growth during the forecasted period. Regionally, Europe is divided into Western Europe and Eastern Europe. Western Europe hold the major share of the regional market, which is majorly contributed by Germany, the U.K., and France. However, Eastern Europe is the fastest growing region due the huge opportunities in the untapped market.

Asia Pacific is the fastest growing region in global the market due to the presence of a huge patient population, continuously developing economies like India and China, and presence of huge opportunity in the market. According to Indian Brand Equity Foundation in 2017, the Indian healthcare sector is one of the fastest growing industries and is expected to advance at a CAGR of 22.87% during the review period to reach USD 280 billion by 2020. Moreover, favourable government policies and increasing healthcare expenditures fuels the market growth within the region.

On the other hand, the Middle East & Africa holds the least share in the global coronary pressure monitor market due to presence of poor economy, especially, in African region. Majority of the market of this region is held by the Middle East due to the well-developed healthcare sector and huge healthcare expenditure by the presence of economies like Kuwait, Saudi Arabia, Dubai and Qatar.

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