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 device launch 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.
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.
Blood Pressure Monitoring Devices and Accessories Market: Segmentation
Based on the device, the blood pressure monitoring devices & accessories market has been segmented into 5 types, which are sphygmomanometers, automatic blood pressure monitors, ambulatory blood pressure monitors, blood pressure transducers, and blood pressure instrument accessories. Sphygmomanometers are further classified into mercury, aneroid, and digital. Blood pressure transducers are further divided into disposable & reusable transducers, while blood pressure instrument accessories are blood pressure cuffs and bladders, bulbs & valves. Sphygmomanometers, automatic blood pressure monitors are projected to be lucrative segments of the blood pressure monitoring devices & accessories market, in terms of volume, due to their increasing demand for measurement of blood pressure at home.
The segments are expected to grow at a highest CAGR rate during forecast period. However, ambulatory blood pressure monitors are expected to dominate the market by 2024 in terms of value, due to its high cost. 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 2014 to 2024, along with their respective CAGRs for the forecast period from 2016 to 2024, considering 2015 as the base year. Different types of end-users are present in the blood pressure monitoring devices & accessories market are 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 2015, while Homecare Settings and Clinics are expected to dominate the market by 2024.
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).
Companies Mentioned in the Report
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., Koninklijke Philips N.V., Schiller AG, American Diagnostic Corporation, SPENGLER, Spacelabs Healthcare, Bosch + Sohn GmbH u. Co. KG, Withings SA, Welch Allyn, Inc., SunTech Medical, Inc., A&D Medical, and GE Healthcare.
The global blood pressure monitoring devices & accessories market has been segmented as given below:
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