The Market for Global Pressure Monitoring Devices is expected to grow at CAGR 6.4% from 2017 to 2024
Data Bridge Market Research new Insight’s on “Global Pressure Monitoring Devices Market, is projected to reach USD 10.7 billion by 2024, from USD 6.5 billion in 2016, at a CAGR of 6.4% during the forecast period from 2017 to 2024.”
The market is segmented by Product Type (Blood pressure, Pulmonary Pressure Monitors, Intraocular Pressure Monitors, Intracranial Pressure Monitors, Intracranial Pressure Monitors and Other Pressure Monitoring Devices), By Application (Respiratory Disorders, Glaucoma, Cardiac Disorders, Neurological Disorders, Dialysis), By Procedure (Non-invasive and Invasive), By End User (Hospitals, Ambulatory Surgical Centres and Clinics, Diagnostic Laboratories, Physician), By Distribution Channel (Direct Tenders, Retail), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
Pressure Monitoring Devices Market: Recent Developments
The usage of pressure monitoring devices market are growing rapidly because of the increasing work pressure due to which stress is increasing day by day, Lifestyle is changing daily in terms of living, the daily food consumption, People are now-a-days are not health conscious and hence this is the reason why obesity is found in huge numbers over the globe. Geriatric population, rising obese population, sedentary lifestyle are the factors that contribute to the growing incidence of hypertension. The high blood pressure generally develops with changing lifestyle and growing age. Rising incidence of blood pressure increases the awareness about blood pressure monitoring techniques. Hypertension is a chronic condition and a leading cause of death and is responsible for cardiovascular diseases and heart attacks globally.
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Pressure Monitoring Devices Market Categories: Segmentation
The global pressure monitoring devices market is segmented based on product type, by application, by procedure, by end-user, by distribution channel and by geography.
On the basis of product type, the global pressure monitoring devices market is segmented into blood pressure (Automated BP Monitors, Ambulatory BP Monitors, Sphygmomanometers, BP Transducers), Pulmonary Pressure Monitors (Oximeters, Capnographs, Spirometers), Intraocular Pressure Monitors (Prisms, Prisms Sterilizers, Tip Covers, Sensors).
Based on application the market is segmented into Respiratory Disorders, Glaucoma, Cardiac Disorders, Neurological Disorders and Dialysis.
On the basis of procedure the market is segmented into Invasive and Non-invasive.
Based on end user, the market is segmented into Hospitals, Ambulatory Surgical Centres and Clinics, Diagnostic Laboratories, Physician.
Pressure Monitoring Devices Market: Geographic Segmentation
Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
Pressure Monitoring Devices Market: Company Share Analysis
The pressure monitoring devices market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. The report includes company share data for different geographies including Global, North America, Europe and APAC. SunTech Medical will work with Masimo to integrate its SET pulse oximetry tech into SunTech’s CT40 next-gen spot-check vital signs device.
Some of the major players operating in the global pressure monitoring devices market are Withings SA, Koninklijke Philips N.V., American Diagnostic Corporation, General Electric Company, Welch Allyn, OMRON HEALTHCARE Co. Ltd., A&D Medical, SunTech Medical, Inc., Spirit Medical Co., Briggs Healthcare, Drägerwerk AG & Co. KGaA, Siemens Healthcare GmbH, Medtronic, CAS Medical Systems, Inc., Rossmax International Ltd., GF HEALTH PRODUCTS, INC., OSI Systems, Inc., NIHON KOHDEN CORPORATION., Compumedics Limited, Electrical Geodesics, Inc. among others.
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