Global Pressure Monitoring Devices Market, By Product (Blood Pressure Monitors, Pulmonary Pressure Monitors, Intraocular Pressure Monitors, Intracranial Pressure Monitors), Procedure (Invasive Monitoring Devices, Non-invasive Monitoring Devices), Application (Respiratory Disorders, Glaucoma, Cardiac Disorders, Neurological Disorders, Dialysis, Others), End User (Hospitals, Home Care Settings, Ambulatory Surgical Centers and Clinics, Diagnostic Laboratories, Other), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Pressure Monitoring Devices : Global Pressure Monitoring Devices Market
Pressure monitoring devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 13.50 billion by 2028 and will grow at a CAGR of 6.70% in the above mentioned forecast period.
Pressure monitoring devices are largely used for the monitoring the blood pressure, intracranial pressure, pulmonary pressure, intraocular pressure and more of the patients. These blood pressures monitoring device automatically measures blood pressure and account the information incessantly. Automatic monitoring of blood pressure is often used in surgery or in an intensive care unit where recurrent monitoring is required.
The rapidly increasing prevalence of chronic and acute diseases is amongst the important factors intensifying the growth and demand of pressure monitoring devices market. In addition, the rapidly increasing aging population, urbanization and increasing levels of pollution and changing lifestyles are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the rising prevalence of hypertension due to changing lifestyles as well as rising geriatric population and high risk of lifestyle coupled disorders amongst a wide population owing to the increasing incidences of obesity and sedentary lifestyle are also enhancing the growth of the market. Furthermore, the rapid increase in the new product launches is also one of the significant factors fueling the growth of the pressure monitoring devices market. Increasing investments R&D and technological advancements will also make sure high industry growth over the forecast period.
The growing mobile or smartphone-based technologies, increasing preference for home monitoring and growing demand for non-invasive devices are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the high cost of technological development along with availability of low-cost devices and dearth of training on how to use devices will curb the growth of the pressure monitoring devices market, whereas the harmful effects of certain pressure monitoring devices and large undiagnosed and untreated population has the potential to challenge the growth of the pressure monitoring devices market.
This pressure monitoring devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on pressure monitoring devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pressure Monitoring Devices Market Scope and Market Size
Pressure monitoring devices market is segmented on the basis of product, procedure, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the pressure monitoring devices market is segmented into blood pressure monitors, pulmonary pressure monitors, intraocular pressure monitors and intracranial pressure monitors. Blood pressure monitors have further been segmented into automated blood pressure monitors, ambulatory blood pressure monitors, sphygmomanometers and blood pressure transducers. Pulmonary pressure monitors have further been segmented into oximeters, capnograph and spirometers.
- On the basis of procedure, the pressure monitoring devices market is segmented into invasive monitoring devices and non-invasive monitoring devices. Invasive monitoring devices have further been segmented into external ventricular drainage and micro-transducer monitor. Non-invasive monitoring devices have further been segmented into transcranial Doppler ultrasonography, optic nerve sheath displacement, MRI/CT, tympanic membrane displacement (TMD) and fundoscopy (papilledema).
- Based on application, the pressure monitoring devices market is segmented into respiratory disorders, glaucoma, cardiac disorders, neurological disorders, dialysis and others.
- The end user segment of pressure monitoring devices market is segmented into hospitals, home care settings, ambulatory surgical centers and clinics, diagnostic laboratories and other.
Pressure Monitoring Devices Market Country Level Analysis
Pressure monitoring devices market is analyzed and market size insights and trends are provided by country, product, procedure, application and end user as referenced above.
The countries covered in the pressure monitoring devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the pressure monitoring devices market owing to the highly regulated and developed healthcare infrastructure as well as growing investments in the development of precise and effectual BP monitors within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the strong presence of untapped opportunities, growing investments by manufacturers, rising awareness levels and increasing incidences of hypertension within this particular region.
The country section of the pressure monitoring devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Pressure monitoring devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for pressure monitoring devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the pressure monitoring devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Pressure Monitoring Devices Market Share Analysis
Pressure monitoring devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pressure monitoring devices market.
The major players covered in the pressure monitoring devices market report are Withings, Koninklijke Philips N.V., American Diagnostic Corporation, GENERAL ELECTRIC COMPANY, Welch Allyn, Omron Healthcare, Inc., Briggs Healthcare, A&D Company, Limited, SunTech Medical, Inc.,Drägerwerk AG & Co. KGaA, Siemens Healthcare Private Limited, Medtronic, Rossmax International Ltd, GF HEALTH PRODUCTS, INC.,OSI Systems, Inc., Nihon Kohden Corporation,Compumedics Limited, Electrical Geodesics, Inc., Smiths Medical, and Raycome among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Pressure Monitoring Devices Market
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