About the Blood Pressure Monitoring Testing Market
Blood pressure monitoring devices are used to measure the amount of blood pumped by the heart. They operate based on the oscillometric principle. In this, pulsation pressure is measured via an occluding cuff placed on the left arm at the brachial artery (major artery in the upper arm), which is connected to an air pressure sensor and pump. The pressure in the cuff is inflated until the typical systolic value is reached and then slowly deflated. The pressure changes due to ventricular contraction and the readings are used to calculate heartbeat rate.
Technavio’s analysts forecast the global blood pressure monitoring testing market to grow at a CAGR of 7.42% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global blood pressure monitoring testing market for 2016-2020. To calculate the market size, we use revenue generated from the sales of blood pressure monitoring products as follows:Product type:
Technavio Announces the Publication of its Research Report – Global Blood Pressure Monitoring Testing Market 2016-2020
Technavio recognizes the following companies as the key players in the global blood pressure monitoring testing market: A&D Medical, GE Healthcare, Omron Healthcare, Philips Healthcare, SunTech Medical, and Welch Allyn.
Other Prominent Vendors in the market are: American Diagnostic, Beurer, Bosch +Sohn, Briggs healthcare, ChoiceMMed, CITIZEN SYSTEMS JAPAN, CONTEC MEDICAL SYSTEMS, Erka, Geratherm Medical, HONSUN, Medtronic, Masimo, Microlife, Nihon Kohden, Norditalia Group, Riester, Rossmax International, Schiller, Shenzhen Mindray Bio-Medical Electronics, Spacelabs Healthcare, Suzuken, Truly Healthcare, Vasomedical, and Withings.
Commenting on the report, an analyst from Technavio’s team said: “A trend which is boosting market growth is the focus on preventive treatment. Hospitals and other healthcare centers are required to lower healthcare expenditures without compromising on the quality of treatment and by increasing better patient outcomes. Therefore, early diagnosis and preventive treatment are increasingly being implemented by healthcare providers, particularly for cardiovascular disorders as this is one of the leading causes of death among global population. Also, preventive treatment helps reduce hospital stays and treatment costs. Blood pressure monitors are reliable and efficient, are sensitive to record the minutest of changes in blood pressure, have short turnaround time, and are easy-to-operate.”
According to the report, a key growth driver is the consumer preference for home healthcare monitoring. Although hypertension is a chronic condition, it can usually be controlled with medication and a planned lifestyle. Patients are trying to reduce their hospital cost and long hospital stays, and, are therefore opting for home-based healthcare monitoring. Thus, to measure the blood pressure level, most people prefer digital, portable, and easy-to-use blood pressure monitors that can be used at home. The focus on quality care will lead to an increase in adoption of portable, self-care, ambulatory blood pressure monitoring devices, especially in developed countries.
Further, the report states that one challenge that could curtail market growth is pricing pressure and availability of counterfeit products.
A&D Medical, GE Healthcare, Omron Healthcare, Philips Healthcare, SunTech Medical, Welch Allyn, American Diagnostic, Beurer, Bosch +Sohn, Briggs healthcare, ChoiceMMed, CITIZEN SYSTEMS JAPAN, CONTEC MEDICAL SYSTEMS, Erka, Geratherm Medical, HONSUN, Medtronic, Masimo, Microlife, Nihon Kohden, Norditalia Group, Riester, Rossmax International, Schiller, Shenzhen Mindray Bio-Medical Electronics, Spacelabs Healthcare, Suzuken, Truly Healthcare, Vasomedical, Withings.
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