Digital Blood Pressure Monitors Industry Competitive Insights, Demand, and Current Trend
The global digital blood pressure monitors market is anticipated to grow at a higher CAGR of 9.79% during
the forecast period. “Blood pressure” is a medical term used when the pressure
is exerted by blood circulation on the walls of blood vessels. There are two
conditions; systolic pressure and diastolic pressure. Heart contraction takes
place in case of systolic pressure whereas heart relaxes in case of diastolic
pressure. Monitoring of blood pressure on a regular basis helps in early
detection of hypertension.
With a digital monitor,
monitoring the blood pressure is quite easy since a reading appears on the
device’s screen. In some cases, machines offer a paper printout that is easy to
read. The digital blood pressure monitor market is likely to be driven by
rising incidence of hypertension due to geriatric population and rising population.
Change in lifestyle and
food disorders are likely to propel the market growth during the forecast
period. Digitization in medical sector is adding more to the market growth.
Further, technologic expertise and ease of handling digital devices entail significant
production of digital blood pressure monitors for as demanded by physicians.
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The market is also influenced due to
ease of import duties for medical devices. However, significant costs of the
device, incompatibility, and high maintenance are some of the challenges the
market faces at present. Geographical segmentation for digital blood pressure
monitor market spans North America, South America, Europe, Asia-Pacific, Middle
East and Africa. North America and Europe market is likely to follow the
digitization in medical instruments. Rise in geriatric population is likely to
propel the market growth in this region.
Asia-Pacific regions are likely to
gain a significant growth during the forecast period, due to upcoming
opportunities for new market players and rise in digitization. Rise in medical
tourism also enlightens the global market scenario due to which the market
receives significant attention. The key players profiled in the digital blood
pressure monitors market are Microlife, Welch Allyn, Omron Healthcare and
Smiths Medical.
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