The dynamic blood pressure monitor market is poised to grow significantly on account of the growing incidences of hypertension among a large population base due to changing lifestyles. In 2019, approximately 1.15 billion individuals across the world were suffering from hypertension, as per the World Health Organization (WHO) that leads one of the major causes behind premature death globally. The dynamic blood pressure monitor helps in the accurate measurement of arterial blood pressure which raises the adoption of the dynamic blood pressure that is essential for the diagnosis and treatment of hypertension. The growing needs for dynamic blood pressure monitor are a majorly demanded rising lifestyle diseases with the geriatric population owing to the escalating occurrence of the sedentary lifestyle and obesity. Thus, an increase in the incidences of hypertension along with other lifestyle diseases may spur the growth of the market.
Furthermore, increase in healthcare expenditure, various governments, and non-government initiatives such as blood pressure monitoring program for increasing awareness among the population, encouraging the use of dynamic blood pressure monitor that may positively influence the growth of the market. For instance, an activity Integrated Health Model Initiative (IHMI) sponsor by the American Medical Association (AMA), in 2019, initiated a data management model for offering opportunities to enhance the outcomes of the health. Following these promising advancements and advantages, the Global Dynamic Blood Pressure Monitor Market is estimated to observe healthy growth, pegged at a CAGR of around 7.4% throughout the forecast period 2020-2025.
Moreover, the introduction of technologies and product launches may further strengthen the demand for dynamic blood pressure monitor. For instance, the launch of mHealth provides better medical care to the patients, as it provides medical compliances for the management of chronic diseases and helps in the curing and treatments gains huge traction among the population. It assists in managing the medical schedule, tracking the health detail of patients, and record of the treatments. These benefits of the introduction of new technologies are one of the major catalyzing factors for the growth of the market. Additionally, the dynamic blood pressure monitors are gaining substantial traction in the treatment and prevention of hypertension for preventing premature deaths and must be treated well in a specified time. Therefore, these devices plays a key role in monitoring the patient’s blood pressure incessantly and alerting any abnormalities.
Technological development in the dynamic blood pressure monitor market is another key driving factor that propels the demand of the market. Portable and wearable devices are highly adopted due to their various benefits, for instance, easy handling and wireless communication of patient’s information. This innovation leads to the development of lightweight and convenient devices that are presented. Due to advancements in the products presents better outcome, enhanced comfort, ease of use, improve portability along with better features and so on resulting in high market growth during the forecast period. In addition, development like mobile-based blood pressure monitoring systems is more likely to grow in the near future. Hence, these enhanced developments provide accessibility to the consumers which pave the way for the dynamic blood pressure monitor market.
Segmentation Overview of the Global Dynamic Blood Pressure MonitorMarket
The dynamic blood pressure monitormarket is segmented into typeand end-users. These major market segments are further categorized into various sub-segments to study the market in detail.
By Type Outlook (Ordinary ABPM, Mobile-based ABPM)
By End-User Outlook (Hospital, Clinic, Others)
Key Players Insights
A&D Co. Ltd., Welch Allyn, Inc., SunTech Medical, Inc., Spacelabs Healthcare, Schiller AG, Bosch + Sohn, Microlife Corp., Vasomedical, Inc., Meditech, Riester, MindrayMedical International Limited, Suzuken Co. Ltd., among others, are some key market players included in the research study of the global dynamic blood pressure monitor market.
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