About the Ambulatory Blood Pressure Monitoring Systems Market
Ambulatory blood pressure monitoring systems are portable devices that help measure and monitor the blood pressure in the human body. These devices obtain blood pressure readings for a set of time during a 24-hour period. The device records blood pressure readings every 20 minutes. It consists of an arm cuff attached to a lightweight monitor by an elastic rubber tube. The device is encased in a pouch attached to a waist belt or shoulder strap.
Technavio’s analysts forecast the global ambulatory blood pressure monitoring system market to grow at a CAGR of 10.57% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of global ambulatory blood pressure monitoring market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of ambulatory blood pressure monitoring systems.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ambulatory Blood Pressure Monitoring Systems Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Ambulatory Blood Pressure Monitoring Systems Market: A&D, Omron Healthcare, Spacelabs Healthcare, SunTech Medical, and Welch Allyn.
Other Prominent Vendors in the market are: American Diagnostic, Beurer, Bosch + Sohn, Citizen Systems Japan, GE Healthcare, Geratherm Medical, HONSUN, Microlife, Norditalia Group, Riester, Rossmax International, Schiller, Suzuken, Vasomedical, and Withings.
Commenting on the report, an analyst from Technavio’s team said: “The adoption of multiparameter medical devices is on the rise. Advances in technology have led vendors to develop multi-parameter ambulatory blood pressure monitoring systems. Apart from monitoring blood pressure, these devices can help monitor other biological parameters such as heart rate, temperature, respiration rate, and blood oxygenation levels. Vendors are designing and developing multi-parameter-configured patient monitoring devices that consist of a core monitor box with slots. Each of these slots has separate units or modules for the incorporation of different technologies that help measure the various parameters. These multi-parameter devices have allowed medical facilities and people to reduce their healthcare expenditure on different monitoring devices for measuring various parameters.”
According to the report, a rise in the instances of hypertension is driving market growth. With aging, the heart muscles lose their elasticity and their ability to respond to different pressure rates, leading to hypertension or high blood pressure. This condition can lead to various cardiovascular disorders such as heart failure, stroke, coronary artery disease, and peripheral vascular disease. These diseases are growing in prevalence each year. WHO estimates that 17 million people with cardiovascular diseases die each year, with hypertension being the cause of 9.4 million deaths. Increased smoking, alcohol consumption, unhealthy food habits, and limited physical activity are some of the risk factors for these diseases. These risk factors can also cause obesity and depression in people of all ages. These individuals need to undergo regular blood monitoring to avoid mortality. A rise in hypertension, obesity, and depression cases worldwide leads to the demand for ambulatory blood pressure monitors.
Further, the report states that the high prices of monitors and counterfeit products on the market are likely to have a negative impact on vendor image.
A&D, Omron Healthcare, Spacelabs Healthcare, SunTech Medical, Welch Allyn, American Diagnostic, Beurer, Bosch + Sohn, Citizen Systems Japan, GE Healthcare, Geratherm Medical, HONSUN, Microlife, Norditalia Group, Riester, Rossmax International, Schiller, Suzuken, Vasomedical, Withings.