Ambulatory Blood Pressure Monitor Market Size Estimation, Growth Rate, and Future Trends

The factors that are playing a major role in the growth of ambulatory blood pressure monitor market are the growing acceptance of product bundling strategies by manufacturers, the growing number of patients suffering from high or low blood pressure, and the availability of cost-efficient ambulatory blood pressure monitors.

ID: 1551363
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(businesspress24) - Global ambulatory blood pressure monitor market is expected to grow at a significant CAGR of 9.4% in the upcoming period as the scope and its applications are rising enormously across the globe. The ambulatory blood pressure monitor is a portable automated device that uses the oscillometric technique to measure heart rate, identify systolic, mean, and diastolic blood pressure. It measures blood pressure at a regular interval of time mainly every 15 to 20 minutes.

The factors that are playing a major role in the growth of ambulatory blood pressure monitor market are the growing acceptance of product bundling strategies by manufacturers, the growing number of patients suffering from high or low blood pressure, and the availability of cost-efficient ambulatory blood pressure monitors. However, a growing number of manufacturers importing monitors relatively at low cost and restricted refund limits may restrain overall market in the years to come. The market is segmented based on product type, end-user, and region.

Wrist-based and arm-based are the product types that could be explored in ambulatory blood pressure monitor market in the forecast period. The arm-based sector accounted for the substantial market share of ambulatory blood pressure monitor and is estimated to lead the overall market in the years to come. The reason could be the growing demand from end-users.

The market could be categorized based on end-users like home care settings, hospitals, ambulatory surgical centers (ASCs), and others that could be explored in ambulatory blood pressure monitor in the forecast period. Hospitals sector accounted for the substantial share of the market and is estimated to continue with its dominance in the years to come. The reason could be the high demand for equipment in both - outpatient and inpatient settings and the enhanced devices with functions like vital sign checking option, pulse oximeters, and ECG.

Globally, North America accounted for the substantial market share of ambulatory blood pressure monitor and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing awareness regarding enhanced ambulatory blood pressure monitor in the region, developed healthcare infrastructure, and the presence of key manufacturers in this region. The United States is a major consumer of ambulatory blood pressure monitor in this region.



Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of ambulatory blood pressure monitor in this region. The key players of ambulatory blood pressure monitor market are Welch Allyn, A&D, SunTech Medical, Microlife, Spacelabs Healthcare, and Schiller. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.



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Date: 08/13/2019 - 04:59
Language: English
News-ID 1551363
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Freigabedatum: 13.08.2019
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