The pressure-monitoring kits market will observe extensive growth during the assessment period of 2017-2026. The rising number of chronic diseases coupled with the growing innovations in the healthcare devices industry will invite exponential growth opportunities for the pressure-monitoring kits market.

  • The growing use of pressure-monitoring kits across various healthcare facilities for the benefits attached to them will invite outstanding growth prospects. The utilization of pressure-monitoring kits in monitoring blood pressure and other vital health parameters will assure promising growth across the forecast period. Stress levels are at an all-time high among a considerable chunk of the global populace. This factor has led to irregular blood pressure levels in many individuals. Thus, all these aspects will add extra stars of growth to the pressure-monitoring kits market.
  • Research and development activities are helping in finding new formulations that help enhance the comfort of the patients. The players are investing extensively in these activities to increase their revenues. An increase in revenues is directly proportional to the growth of the pressure-monitoring kits market.
  • Strategic collaborations have a crucial role in the growth of the pressure-monitoring kits market. The players indulge in these activities to strengthen their influence across the pressure-monitoring kits market. These aspects have significant influence on the growth prospects.

Measurement of vital signs is the crucial first line of treatment of any disease. Pressure is one of the most widely monitored vital signs for assessment of the health status of an individual. With rising innovations in overall transducers as well as monitors used for monitoring of several types of body pressure, the demand for proper pressure-monitoring kits continues to rise. Pressure-monitoring kits combine accessories used for pressure measurement such as transducer domes, high pressure-monitoring lines, flushing devices, infusion sets with or without luer locks, stopcocks, flush devices, and drip chambers.

The global pressure-monitoring kits market is likely to register a stable growth rate during the forecast period, owing to limited scope for product innovation and development in terms of designing and packaging. Major market players involved in the manufacture of pressure-monitoring kits are primarily focused on pressure monitors such as blood pressure monitors. However, globally increasing utilization of pressure monitors can be correlated to increased consumption of pressure-monitoring kits. This is likely to drive the global pressure-monitoring kits market during the forecast period. Some other driving factors are improved hospital infrastructure, enhanced monitoring of vital signs at outpatient settings such as acute care settings, and skilled nursing facilities. However, rapidly rising market penetration by local/emerging market players, which offer pressure-monitoring kits at lower prices owing to factors such as reduction in transportation cost, is increasing the market fragmentation. This is likely to induce pricing pressure during the forecast period.

The global pressure-monitoring kits market can be categorized based on kit type, kit model, pressure measurement type, end-user, and region. In terms of kit type, the global pressure-monitoring kits market can be segmented into single-line pressure-monitoring kits and multiple-line pressure-monitoring kits. The multiple-line pressure-monitoring kits segment can be sub-divided into double-line pressure-monitoring kits, triple-line pressure-monitoring kits, and pressure-monitoring kits with more than three lines. In terms of kit model, the market can be classified into neonatal pressure-monitoring kits, standard pressure-monitoring kits, and transducer pressure-monitoring kits. In terms of pressure measurement type, the global pressure-monitoring kits market can be divided into intracranial pressure, blood pressure, intrauterine pressure, abdominal pressure, bladder pressure, and others. Based on end-user, the market can be categorized into hospitals, clinics/specialty clinics, ambulatory surgical centers, skilled nursing facilities, long-term care centers, and others.

In terms of region, the global pressure-monitoring kits market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is likely to witness constant growth in terms of revenue during the forecast period, owing to significantly rising prevalence of hypertension and chronic pathologies requiring long-term care, improving health care infrastructure in developing countries in the region, and rising per capita health care expenditure. North America is expected to dominate the global Pressure-monitoring Kits market from 2017 to 2025, due to rising awareness about pet health checkups and increasing utilization of advanced physical examination techniques such as electronic weighing scales for animals in various industries such as milk & dairy products in the region. The overall development in techniques of the animal husbandry is likely to drive the market in North America during the forecast period.

Key players operating in the global pressure-monitoring kits market include, but are not limited to, ICU Medical, Inc., B. Braun Melsungen AG, C. R. Bard, Inc., Integra LifeSciences Corporation, Edwards Lifesciences Corporation, Lifeline Services Pvt. Ltd., and BL Lifesciences.

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
  • Europe
  • 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.

2. Insights and Tools

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.

3. Actionable Results

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.

4. Strategic Frameworks

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?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Pressuremonitoring Kits Market