Global Ambulatory Blood Pressure Monitoring Systems Market 2018-2022
About Ambulatory Blood Pressure Monitoring Systems
Ambulatory blood pressure monitoring (ABPM) systems are superior testing devices to monitor and record a person's blood pressure accurately. The device measures blood pressure for 24 hrs and provides valuable diagnostic information.
Technavio’s analysts forecast the global ambulatory blood pressure monitoring systems market will register a revenue of more than USD 75 million by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global ambulatory blood pressure monitoring systems market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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 2018-2022
Technavio recognizes the following companies as the key players in the global ambulatory blood pressure monitoring systems market: A&D, Microlife, Schiller, Spacelabs Healthcare, and Welch Allyn.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technological advances. The global ambulatory blood pressure monitoring systems market is witnessing technological advances by manufacturers. Accurate measurement of blood pressure is essential for better diagnosis and management of hypertension”
According to the report, one driver in the market is increasing incidence of hypertension coupled with geriatric population. The blood pressure above 130/80 is considered high, and the condition affects the heart and kidneys. There are no symptoms of high blood pressure; hence, it is termed a silent killer. High blood pressure often leads to a condition called hypertension, which is a significant risk factor responsible for overall mortality rate globally.
Further, the report states that one challenge in the market is pricing pressure and counterfeit products. The market is intensely competitive with the presence of a few established vendors and many new and small companies. Both global and local vendors offer a wide range of ambulatory blood pressure monitors, most of which are similar in design and technology.
A&D, Microlife, Schiller, Spacelabs Healthcare, and Welch Allyn.