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Global Blood Pressure Monitoring Device Market is Set for a Rapid Growth and is Expected to Reach around USD 3.25 Billion by 2021


iCrowdNewswire   Oct 7, 202011:00 AM ET

Zion Market Research has published a new report titled “Blood Pressure Monitoring Device Market by Device Type (Mercury Based Blood Pressure Monitor and Digital Blood Pressure Monitor), by Accessory type (Blood Pressure Cuffs, Manometers, Valves & Bladders, and Others), by End-User (Hospitals, Homecare, Diagnostics Laboratory, and Others) Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026.” According to the report, the Blood Pressure Monitoring Device Market accounted for USD 2.81 Billion in 2019 and is expected to reach USD 4.67 Billion by 2026, growing at a CAGR of around 7.5% between 2020 and 2026.

Get Free Sample Of Report – https://www.zionmarketresearch.com/sample/blood-pressure-monitoring-device-market

Elevated preventive care of the obese and geriatric population towering the blood pressure monitoring device market
The major factor accountable for the development of blood pressure monitoring device market is elevated preventive care of the obese and geriatric population, as per analysts at Zion Market Research. Apart from this, emerging techs for automation in blood pressure monitoring is majorly adding to the development of blood pressure monitoring device market. However, low accuracy rate and high cost of devices are impacting the development of blood pressure monitoring device market.

On the other hand, increasing prevalence of chronic disease, untapped market, and support by governments is likely to create new avenues in the years to come period for blood pressure monitoring device market.

Manometers and blood pressure cuffs segment to rule the blood pressure monitoring device market in the forecast period

Based on accessory type, the blood pressure monitoring device market is divided as manometers, blood pressure cuffs, and valves & bladders. Owing to elevated demand of manometers and blood pressure cuffs, both the segments are dominating the blood pressure monitoring device market and it is likely to remain stay in the leading spot in the years to come.

Based on the end user, the blood pressure monitoring device market is classified as home care, hospitals, and diagnostics laboratory. Due to rising geriatric population, preventive care has been elevated, making the homecare division a dominant segment of the blood pressure monitoring device market.

New Emerging Technologies And Rising Geriatric Population To Sustain The Growth Of Blood Pressure Monitoring Device Market In North America

Area-wise, the blood pressure monitoring device market is bifurcated as Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa. North America in 2019 ruled blood pressure monitoring device market with over 42% share of the market. As a result of new emerging technologies and rising geriatric population, North America is likely to stay in the top position in the years to come in blood pressure monitoring device market. Asia Pacific is the quickest developing region and it is likely to exhibit perceptible development in the blood pressure monitoring device market in the near future.

Key players operating in blood pressure monitoring device market are Omron Healthcare, Panasonic Corporation, GF Health Products Inc., A&D Medical Inc., Welch Allyn Inc., American Diagnostics Corporation, SunTech Medical, Inc., Briggs Healthcare, Microlife AG, Philips Healthcare, Rossmax International Ltd., Spacelabs Healthcare Inc., and GE Healthcare.
The global blood pressure monitoring device market is segmented as follows:

By Device Type

By Accessory Type

By End User

By Region

To view TOC of this report – https://www.zionmarketresearch.com/toc/blood-pressure-monitoring-device-market



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