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Digital Blood Pressure Monitors Market to reach 1,440.3 Mn, Growth Guaranteed in Future due to Rising Cardiovascular Disorders Forecast by 2025

April 19, 2019 | Healthcare

Pune, India, April, 2019 – Omron Healthcare, a Japan-based company currently holds nearly 50% of the Global Digital Blood Pressure Monitors Market.  The company is investing increasingly in the Research and Development (R&D) of novel devices and is looking forward to expand operations in emerging economies. Fortune Business Insights identifies the increasing investment by leading companies as a chief driver of the global digital blood pressure monitors market in a study, titled “Digital Blood Pressure Monitors Market - Global Market Analysis, Insights, and Forecast, 2018 – 2025.”  It is currently available for sale on the official website. The report states that the global digital blood pressure market was valued at666.6 Mn in 2017.

The demand for digital readouts and automated machines is increasing in the medical sector. Continuous R&D in the distribution of digital blood pressure monitors is also pushing the demand for blood pressure monitors, especially in developing nations. There is a significant rise in purchase of home-use blood pressure monitors due to their easy-handling. This in turn will enable the blood pressure monitors market gain momentum.

Some of the leading players operating in the global digital blood pressure monitors market are Welch Allyn, GE healthcare, Philips, Masimo Corporation, Smiths Group, American Diagnostic Corporation, and Nihon Kohden Corporation, and others. 

Increasing Number of Cardiovascular Cases to Propel Market Growth in Asia Pacific

Owing to the rising incidence of coronary heart diseases in the U.S., North America has emerged dominant in the global market for blood pressure monitors. Growth of the market in this region is supported by several government initiatives. For instance, the U.S. government is also making extra efforts and participating in prevention and control of cardiovascular diseases. In addition to this, the demand for digital blood pressure monitors is forecasted to increase in Asia Pacific. The widespread distribution network of leading companies is creating lucrative growth opportunities for the digital blood pressure monitors market in Asia Pacific. Favorable reimbursement policies in the emerging nations such as India and China are aiding the expansion of the market in Asia Pacific.

Wrist Type Digital Blood Pressure Monitors to Gain More Popularity, Boosting Market

Among end users, the home-care settings segment will exhibit the fastest growth in the global digital blood pressure monitor market at a CAGR of 12.0%. This is owing to cardiovascular diseases and rising awareness regarding the same. The implementation of the Internet of Things (IoT) in the healthcare industry has opened new doors for smart wearable healthcare devices. Smart wearable healthcare devices help to keep track of the patient’s usual activities such as number of steps walked during the day, number of calorie intake, and others. Such kind of products are based on IoT and thus, both health monitor and IoT markets are likely to gain remarkable profits in the coming years. Among product segments, the arm type and wrist type monitors are gaining more popularity, because of their integration with smartphones and increasing popularity.

Conventional blood pressure monitors had hazardous effects associated with mercury sphygmomanometers, due to which people started to rely on digital blood pressure monitoring devices. Besides this, digital monitors provide excellent accuracy rates, which is making it more popular.

Government Support and Demand for Digital Monitors to Steer Growth

Fortune Business Insights foresee the demand for blood pressure grow remarkably due to the increasing prevalence of hypertension and cardiovascular disorders. Besides this, the bariatric or obese population runs more at risk of various developing health issues that demand medical attention. Obese people run more risk of falling prey to cardiovascular and chronic diseases, such as diabetes, coronary heart disease, fatty liver and kidney diseases, and others. Such problems demand the attention of medical monitoring devices for regular health updates.

Governments of various nations are focussing on ways and means of curbing the prevalence of health disorders. The rising demand for blood pressure monitors from ambulatory surgical centers, hospitals, and clinics is a major factor boosting the global digital blood pressure monitors market.

An increasing number of patients are preferring homecare settings more than visiting hospitals or clinics. The demand for digital blood pressure  is increasing because of its easy-to-use mechanism while the conventional methods that required skilled medical professionals. Fortune Business Insights is expecting this factor to boost the global market for digital blood pressure monitors.

Browse Complete Report Details @https://www.fortunebusinessinsights.com/industry-reports/digital-blood-pressure-monitors-market-100066

The global digital blood pressure monitors market is segmented into the following categories:

  • Global digital blood pressure monitors Market, by Product Type
    • Arm Type
    • Wrist Type
  • Global digital blood pressure monitors Market, by End User
    • Hospitals
    • Ambulatory Surgical Centers & Clinics
    • Homecare Settings
    • Others
  • Global digital blood pressure monitors Market, by Region
    • North America
      • U.S
      • Canada
    • Europe
      • Germany
      • U.K
      • France
      • Italy
      • Spain
      • Scandinavia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • Southeast Asia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC
      • South Africa
      • Rest of Middle East & Africa
Digital Blood Pressure Monitors Market
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