The Ambulatory Blood Pressure Monitoring Devices market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Ambulatory Blood Pressure Monitoring Devices market research report recommends a business strategy for present market participants to strengthen their position in the market.
The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: A&D, Hill-Rom, SunTech Medical, Spacelabs Healthcare, Schiller, Bosch + Sohn, Microlife, Vasomedical, Meditech, Riester, Mindray, Suzuken, HINGMED
The Global Ambulatory Blood Pressure Monitoring Devices Market Size is Projected to Reach at a CAGR of 5.77% during 2021-2027.
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The market currently is experiencing tremendous growth due to the rising burden of cardiovascular disorders, growing geriatric and obsess population and increasing unhealthy lifestyle habits. As per the World Health Organization (WHO) in 2019, approximately 1.15 billion people around the globe have hypertension, it is a major cause of premature death worldwide. It is estimated that this trend will continue to rise even in the forecast period and the demand for monitoring blood pressure devices experience substantial growth in the future.
Also, according to the 2019 report of World Population Ageing by the United Nations, in China population aged above 65 years or over is expected to reach 246.98 million by 2030 from 164.48 million in 2019. This surge in rising of the geriatric population is expected to continue in all the other parts of the globe as well giving rise to the number of the cardiovascular disorder as the aged population is more prone to diseases and subsequently booming the market.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Ambulatory Blood Pressure Monitoring Devices Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Ambulatory Blood Pressure Monitoring Devices market document.
Ambulatory Blood Pressure Monitoring Devices market Segmentation By Type:
Ambulatory Blood Pressure Monitoring Devices market Segmentation By Application:
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North America to hold the Largest Market Share
Globally, North America dominates the global blood pressure monitoring devices market owing to the high demand for blood pressure monitors due to the increased burden of hypertensive patients in this region. As per American Heart Association in 2017, 116.4 million or 46% of the United States adults had hypertension, a major cause of all cardiovascular diseases and approximately 17.8 million death occurred that year due to cardiovascular diseases. According to the same study, this number is expected to grow to more than 22.2 million deaths by 2030. Initiatives taken by the government in this region such as the public blood pressure (BP) monitoring program to create awareness amongst people and maintain the database created by remotely operational BP monitors are expected to propel further growth during the forecast period.
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Market Trends
Sphygmomanometer/Aneroid BP Monitor
In terms of revenue share, the aneroid BP monitors/ sphygmomanometers accounted for the largest market share. Technological advancements along with new product launches are expected to further fuel the demand for sphygmomanometers globally. For instance, in January 2017, Omron Healthcare, Inc. launched the novel Omron EVOLV , a wireless, portable upper arm blood pressure monitor. Demand for digital sphygmomanometer is expected to grow at a lucrative rate due to associated advantages such as accurate results and ease of use. Besides, continuous technological advances such as advances in wearable technology, mobile apps, in the consumer healthcare segment, the declining average selling price for retailers and manufacturers, are the factors propelling the market growth
Significant Features and Key Highlights of the Reports:
– Detailed overview of Ambulatory Blood Pressure Monitoring Devices Market
– Changing market dynamics of the industry
– In-depth Ambulatory Blood Pressure Monitoring Devices market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Ambulatory Blood Pressure Monitoring Devices Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report gives answers to the following:
- What strategies are followed by key players to fight this Covid-19 situation?
- What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
- Which are the leading market players in the Ambulatory Blood Pressure Monitoring Devices industry?
- What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
- What could be the anticipated value of the Ambulatory Blood Pressure Monitoring Devices marketplace in the during the forecast period?
- Impact of COVID-19:
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Ambulatory Blood Pressure Monitoring Devices market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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