Global Blood Pressure Monitoring Devices Market 2018-2022
About Blood Pressure Monitoring Devices
BP monitoring devices are used to measure the amount of blood pumped by the heart in relation to the size and condition of the artery at differenttimes.
Technavio’s analysts forecast the global blood pressure monitoring devices market to grow at a CAGR of 7.27% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global blood pressure monitoring devices 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 Blood Pressure Monitoring Devices Market 2018-2022
Technavio recognizes the following companies as the key players in the global blood pressure monitoring devices market: A&D, GE Healthcare, Koninklijke Philips, Omron Healthcare, SunTech Medical, and Welch Allyn.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for ambulatory BP monitoring systems. The rising incidences of hypertension and CVDs is a global healthcare concern. Physicians recommend home-based BP monitors to monitor, record, and treat people with high BP within the comfort of their home.”
According to the report, one driver in the market is increasing incidence of hypertension and growth of geriatric population. Several deaths are caused across the world are caused due to hypertension. Hypertension is the major cause of increased risk of diseases such as stroke, kidney failure, and heart diseases, due to the increasing pressure on the walls of the arteries.
Further, the report states that one challenge in the market is presence of high undiagnosed population. Hypertension is the leading cause of the heart attacks and the largest contributor to the global burden of diseases. According to CDC, in the US, in 2016, millions of people had hypertension but were undiagnosed.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook