Pressure Monitoring Devices Market

Pressure Monitoring Devices Market Size,
Outlook, Future Analysis And Synthesis
By 2026
Hypertension, also called as High Blood Pressure (HBD) is the major cause of concern among the
society. It is a long term medical condition, which affects blood pressure in the arteries. The long term
high blood pressure may result into, major health complications such as stroke, heart failure, coronary
artery disease, atrial fibrillation, vision loss, and other problems. According to the American Heart
Association, Inc. report in 2013, around 77.9 million (1 out of every 3) adults are suffering from high
blood pressure in the U.S. Pressure monitoring devices effectively monitor and measure various types of
pressure such as blood pressure, pulmonary pressure, and intraocular pressure. Pressure monitoring
devices are available in various types and sizes depending on the requirement of the application.
Increasing adoption of these device is due to advantages offered by it such as user friendliness and
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Market Dynamics
Increasing demand for compact and smart devices for estimating pressure are the major factors
boosting growth of the global pressure monitoring device market. There is been upsurge in
number of people facing hypertension and related disease. For instance, in 2008, World Health
Organization (WHO) reported 9.4 million deaths worldwide every year due to hypertension,
which in turn increased the demand for tools and services to manage their symptoms. The
technological advancements in pressure monitoring devices are driving growth of the pressure
monitoring devices market. For instance, Blumio, the U.S. based medical device developer
designed a wearable blood sensor that can continuously monitor blood pressure without
requiring an inflatable cuff, enabling users to track and monitor blood pressure throughout the
day. Furthermore, increasing awareness among the patients regarding disease monitoring and
fitness is expected to boost growth of global pressure monitoring device market over the
forecast period. However, inaccuracy of the devices in monitoring medical parameters by
fluctuating the actual and displayed results is expected to restrain market growth. For instance,
a survey article published by Oakland University in 2016, reported that, out of 126 aneroid
blood pressure monitoring devices around 22.6% had calibration error for the clinical
Report includes chapters which deeply display the following deliverable about industry :
• Pressure Monitoring Devices Market Research Objective and Assumption
• Pressure Monitoring Devices Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Pressure Monitoring Devices Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Pressure Monitoring Devices Market, By Regions
• Pressure Monitoring Devices Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Pressure Monitoring Devices Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Pressure Monitoring Devices Market Manufacturing Cost Analysis including Key Raw Materials
and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Pressure Monitoring Devices Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Regional Insights
On the basis of region, the global pressure monitoring device market is segmented into North America,
Europe, Latin America, Asia Pacific, Middle East, and Africa. North America holds the dominant position
in market in terms of revenue, owing to quick adoption of technologically advanced devices in this
region and presence of major market players in this region especially in the U.S. , Asia Pacific region is
projected to witness significant growth in the market over the forecast period, owing to a massive pool
of vulnerable population to various chronic diseases and wide availability of innovative products offering
better solutions to the patient at the marginally lower costs. For Instance, CotinUse Biometrics Ltd. an
Israel based company uses laser nanotechnology to measure blood pressure, respiration, lung activity,
and muscle activity simultaneously.
Competitive Insights
The key players operating in the global pressure monitoring devices market include Smiths Groups Plc.,
Omron, Welch Allyn, Microlife Corporation, General Electric Company, Koninklijke Philips N.N., Halma
plc, Hill-Rom Holdings, Inc., A&D Company, Spacelabs Healthcare, Criticare Technologies, Hingmed,
CITIZEN SYSTERMS JAPAN, ERKA, Opto Circuits, Beurer, CAS Medical Systerms, Geratherm Haiying
Medical, Medical, Nihon Kohden, Schiller, Shenzhen Mindray Bio-Medical Electronics, Vasomedical,
Gaeltec Devices, Rudolf Riester, Rossmax International, Truly Healthcare, and Norditalia. Key players are
engaged in developing new technologies in order to retain dominant position in the market. For
instance, Microlife Corporation introduced AIFB technology inside its BP monitors, which allows patients
to screen for Atrial Fibrillation (AF) during the blood pressure measurement process.
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Increasing demand for compact and smart devices for estimating pressure are the major factors boosting growth of the global pressure monitoring device market.