Disposable Blood Pressure Cuffs Market: Introduction
A blood pressure cuff is commonly used in combination with blood pressure monitor during blood pressure measurement procedures. The cuff is strapped and inflated around the arm of the patient. The demand for BP monitors is considerably high due to an increase in consumer base. Increase in global geriatric population is expected to positively affect global disposable blood pressure cuffs market. For example according to the United Nations 2017s report, the global geriatric population aged 60 years or above stood at 962 million. Additionally, the report states that the number of geriatric persons is expected to outnumber the number of children under the age of 10 by 2030. Rapid increase in the geriatric population is anticipated to increase in the consumer base, which in turn is expected to fuel the incidence rates of hypertension, thereby and substantially increasing the demand for BP cuffs in the near future.
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Disposable Blood Pressure Cuffs Market: Key Trends
The global disposable blood pressure cuffs market is projected to expand at a rapid pace in the near future. Increase in contamination in hospitals, which give rise to hospital-acquired infection (HAI), is a key factors that drives the disposable blood pressure cuffs market. For instance, according to a recent study published by a leading manufacturer of disposable cuffs, SunTech Medical Inc., in 2016, in the U.S., only approximately 2 million people had HAI. This number is expected to rise at a rapid pace in the near future. A major disadvantage of reusable blood pressure cuffs is that they are likely to increase the chances of hospital acquired infections, as these cuffs can boost the chances of cross contamination. Therefore, currently, several hospitals and clinics are rapidly opting for disposable blood pressure cuffs. Additionally, a rise in the obese population as well as changes in lifestyle are increasing the risk of blood pressure and cardiovascular related diseases. For instance, according to Center for Disease Control (CDC) 2015 report, in the U.S. about 7 out of 10 adult people with high blood pressure use medication to treat the condition. Approximately, 50% of people who have high blood pressure have their medical condition under control. High blood pressure is a major contributing factor to cardio and kidney related diseases. Thousands of people die every year, globally, due to this medical condition. Furthermore, advancements in manufacturing of disposable blood pressure cuffs such as availability of products in different colors, sizes, for accurate reading, are expected to drive the growth of the disposable blood pressure cuffs market. Manufacturers are also focused on the development of easy to use, innovative, and cost-effective products. For instance, Flexiport BP Cuffs, launched by Welch Allyn, do not have traditional cuff and connectors tubes, which makes them easy to use. However, different regulatory policies of countries and discovery of pulse blood pressure monitors, which are other alternatives to blood pressure cuffs, are likely to hamper the global disposable blood pressure cuffs market.
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Disposable Blood Pressure Cuffs Market: Segmentation
The global disposable blood pressure cuffs market can be segmented based on end-user and geographic regions. Based on end-user, the disposable blood pressure cuffs market can be divided into surgeons, clinicians, and physicians. Disposable blood pressure cuffs are frequently used in walk in percentage of patients as compared to those used in surgical hospitals.
Disposable Blood Pressure Cuffs Market: Regional Analysis
In terms of geographic region, the global disposable blood pressure cuffs market can be divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is expected to dominate the global disposable blood pressure cuffs market, primarily due to relatively rapid rate of adoption of technological advancements in the region. Governments of developing countries in Asia Pacific are initiating various awareness programs that are aimed toward prevention and treatment of cardiovascular disorders in their respective countries, which in turn is expected to drive the disposable blood pressure cuffs market in the region at a significant CAGR in the near future.
Disposable Blood Pressure Cuffs Market: Competitive Landscape
Prominent players operating in the global disposable blood pressure cuffs market include GE Healthcare, Welch Allyn, Inc., SunTech Medical, Inc., Briggs Healthcare, Cardinal Health, and Conmed.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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