Published: Mar, 2016
The global blood pressure monitoring testing market was recorded at US$1.7 bn in 2012. It is exhibiting a CAGR of 11.50% within a forecast period of 2013 and 2019, by the end of which this market will reach US$3.6 bn. This data is provided through a research report by Transparency Market Research, titled “Blood Pressure Monitoring Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” The report incorporates all values essential in gauging the driving and restraining factors concerned with this market and provides a logical forecast for the same.
Browse the full Blood Pressure Monitoring Testing Market (Sphygmomanometer, Automated Blood Pressure Monitors, Ambulatory Blood Pressure Monitors, Blood Pressure Transducers and Blood Pressure Instrument Accessories) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019? report at https://www.transparencymarketresearch.com/blood-pressure-monitoring-market.html
According to the report, the global blood pressure monitoring testing market is being driven by the increasing number of patients being diagnosed with high blood pressure. The reasons for high blood pressure include the increasing levels of stress faced on a daily basis, the reducing amount of physical activity performed by individuals, and the rising percentage of the geriatric demographic.
Nearly 7 mn people in the U.S. die from hypertension-related diseases each year. In 2012, about 76 mn U.S. citizens were suffering from high blood pressure. This illustrates the importance of hypertension in terms of being a global health threat.
Medical research and diagnostic numbers have shown that people above the age of 50 have a 90% chance of developing hypertension. Some of the most common causes of high blood pressure are social, metabolic, and behavioral. Other causes include consumption of toxins including alcohol and tobacco. All these reasons are contributing to a large number of people suffering from blood pressure issues, creating a high demand from the global blood pressure monitoring testing market.
The report provides a segmented analysis of the global blood pressure monitoring testing market in terms of types and geography.
According to type, the segments of the global blood pressure monitoring testing market are blood pressure instrument accessories, blood pressure transducers, ambulatory blood pressure monitors, automated blood pressure monitors, and sphygmomanometers. The market is expected to be shaped by the growing adoption of digital sphygmomanometers, which is currently higher than the demand for mercury-based and aneroid variants. The digital ones are a lot simpler to use and can give a more accurate reading than conventional sphygmomanometers.
An increasing number of people continue to suffer from blood pressure issues, owing to factors such as chronic disorders, diabetes, obesity, and congenital heart diseases. Regardless of the manner of incurring hypertension, the global blood pressure monitoring testing market and its segment of sphygmomanometers will continue to grow in value.
The report’s analysis of the global blood pressure monitoring testing market on the basis of geography involves the segmentation of the market into the four major regions of North America, Europe, Asia Pacific, and the Rest of the World. As per the report, North America dominated the global blood pressure monitoring testing market in 2012. Hypertension was one of the most common reasons for cardiovascular diseases in North America, creating high demand from this market.
Key players in the global blood pressure monitoring testing market are Welch Allyn, Spacelabs Healthcare, Philips Healthcare, Omron Healthcare, Inc., Nihon Kohden Corporation, Suntech Medical, Inc., Masimo Corporation, GE Healthcare, Covidien PLC, and A&D Medical, Inc.
Key segments of the Global Blood Pressure Monitoring Testing Market
- Blood Pressure Monitoring Testing Market, by Segments
- Automated Blood Pressure Monitors
- Ambulatory Blood Pressure Monitors
- Blood Pressure Transducers
- Blood Pressure Instrument Accessories
- Blood Pressure Monitoring Testing Market, by Geography
- North America
- Rest of the World (RoW)
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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