Acumen research and consulting estimates that the global non-invasive blood pressure monitors market is anticipated to reach market size of around US$ 25,000 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 – 2027.
Blood pressure is a contraction between the edges of the blood vessels pushing against the blood. When the pressure is high, the arteries are pressurized extra and strokes and attacks can result. The monitoring of blood pressure plays a key role in detecting a patient's health concerns. Blood pressure in millimeters of mercury is measured. There are two numbers or levels for a blood pressure test. The first number is called systolic and the second is known as diastolic. Pulse pressure is also the proportional difference between systolic and diastolic blood pressure. Both types of blood pressure, depending on the pressure fluctuation, are high blood pressure and low blood pressure. The higher the blood pressures of the patient, the greater the safety risk. Pressure fluctuations can cause different chronic and acute diseases like diabetes and cardio arrest in critical areas of the body. The normal blood pressure measurement is 120/80 mmHg.
Over the coming years, demand for blood pressure monitoring systems is expected to rise because they can promote a patient's early diagnosis, which deteriorates health. Advanced blood pressure monitoring devices are also designed to help track patients ' health remotely. They are also designed for personal use. Due to the rise in the prevalence of chronic diseases and rapidly growing geriatrics population, demand for blood pressure control systems is projected to grow global through market research. In turn, higher healthcare spending and high demand for effective surveillance in developing markets are projected to create new prospects for industry players. However, a lack of awareness is expected to hinder market growth in developing regions.
The US becomes the highest leader of the world demand for non-invasive surveillance systems. The majority share is attributed to the involvement of major producers, the increased incidence of chronic diseases, technical developments in the non-invasive surveillance market, increased consumer recognition and high disposable sales per person. Therefore, business players concentrate primarily on mergers and acquisitions, which are expected to help market expansion. A large number of health devices, lower manufacturing costs, poor labor costs, healthcare infrastructure development and high population aging have made Asia-Pacific the second largest market share. The EU market is the third largest non-invasive surveillance device market. The near East & Africa is still predicted to have a smaller market share for 2019, with lower economic growth and relatively low sales, but with that consciousness and demands for increased healthcare in countries as well as increasing disposable per-capita incomes.
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Prominent Players in the Non-invasive Blood Pressure Monitors Market:
Medtronic PLC (Ireland), General Electric Company (US), KONINKLIJKE PHILIPS NV (Netherlands), Omron Corporation (Japan), Abbott (US), Vaso Corporation (US), CAS Medical Systems, Inc. (US), Integrity Applications (Israel), Tensys Medical Inc (US), A&D Medical Inc. (Japan), OrSense Ltd (Israel), CNSystems NIMedical (Israel), Advanced Brain Monitoring, Inc (US), Medizintechnik AG (Austria), and others are the prominent players in the market.
The global non-invasive blood pressure monitors market is segmented as below:
Non-invasive Blood Pressure Monitors Market By Device Type
Automated BP Monitors
Ambulatory BP Monitors
Non-invasive Blood Pressure Monitors Market By Technology
Non-invasive Blood Pressure Monitors Market By Accessory
Blood Pressure Cuffs
Valves and Tubing
Pulmonary Pressure Monitor
Non-invasive Blood Pressure Monitors Market By End User
Home Care Settings
Ambulatory Surgical Centers and Clinics
Non-invasive Blood Pressure Monitors Market By Geography
Middle East & Africa