The global digital sphygmomanometer market will
experience robust growth from 2016 to 2025. This can be primarily attributed to
number of factors such as the rise in major risk factors for hypertension,
increased awareness towards timely control and effective management of
hypertension, growing preference for self-monitoring, increasing prevalence of
hypertension, and rise in geriatric population. Hypertension is one of the key
factors responsible for stroke and heart disease. For instance, according to
the Centers for Disease Control and Prevention (CDC), about 75 million
Americans (i.e., 1 of 3 adults) have high BP. Moreover, CDC states that 54% of
these adults have their BP under control. In addition to this, around 7 in 10
people have their first heart attack due to high BP. Every year, the country
spends almost $46 billion on the management of such high prevalence of
hypertension. However, as per the studies conducted, it has been observed that
the results obtained through digital sphygmomanometer are less accurate as
compared to mercury and aneroid sphygmomanometers. Thus, this concern can limit
their adoption by healthcare organizations, thus restraining the market
growth.
Competitive Insights
The
key strategy adopted by the major players operating in the global digital
sphygmomanometer market is product development. For instance, in October 2013,
Omron Healthcare India launched four new models (OMRON HEM-7120, HEM-7121,
HEM-7130, & HEM-7132 BP monitors) in its home blood pressure monitor product
line. This product launch aims to strengthen Omron’s position in the digital
blood pressure monitors. Moreover, in July 2017, SunTech Medical acquired
non-invasive blood pressure (NIBP) monitoring product portfolio from CAS
Medical Systems, Inc. Such strategic acquisitions will complement their product
portfolio, which will further contribute to the development of innovative
technologies.
Some
of the key players in this market are, Microlife Corporation, Medline
Industries, Inc., ARCHOS, Rossmax International Ltd., Rudolf Riester GmbH,
Yuwell-Jiangsu Yuyue medical equipment & supply Co., Ltd., Omron
Healthcare, Inc., SunTech Medical, Inc., Welch Allyn, and Contec Medical
Systems Co., Ltd.
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Digital Sphygmomanometer
Market Segmentation:
By Product Type:
- Upper
Arm Blood Pressure Monitors
- Wrist
Blood Pressure Monitors
- Ambulatory
Blood Pressure Monitors
- Pediatric
Blood Pressure Monitors
By End User:
- Home
Care Settings
- Ambulatory
Surgery Centers
- Hospitals
& Clinics
- Ambulances
By Region:
- North America
o
U.S
o
Canada
o
Mexico
o
Europe
o
Germany
o
France
o
UK
o
Italy
o
Spain
o
Rest of Europe
- Asia-Pacific
o
Japan
o
China
o
Australia
o
India
o
South Korea
o
Rest of Asia Pacific
- Rest of the World
o
Brazil
o
South Africa
o
Saudi Arabia
o
United Arab Emirates
o
Others
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Table of Contents
1.Introduction
1.1.Report
Description
1.2.Research
Methodology
2.Executive Summary
2.1.Key
Highlights
3.Market Overview
3.1.Introduction
3.1.1. Market
Definition
3.1.2. Market
Segmentation
3.2.Market
Dynamics
3.2.1. Drivers
3.2.1.1.Rise
in Major Risk Factors for Hypertension
3.2.1.2.Increased
Awareness Towards Timely Control and Effective Management of Hypertension
3.2.1.3.Growing
Preference for Self-monitoring
3.2.2. Restraints
3.2.2.1.Less
Accurate Results
3.2.3. Opportunities
3.2.3.1.Emerging
Markets to Offer Lucrative Growth Opportunities
About Crystal Market Research
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