The global digital blood pressure monitors market is projected to achieve a market figure of USD 1440.3 million by 2025, growing at a CAGR of 10.1%. Rising prevalence of hypertension and associated disorders is cited be one of the main factors driving the global digital blood pressure monitors growth. Hypertension, also known as elevated blood pressure, is a severe physiological condition that can lead to serious disorders in the kidneys, heart, and brain such as stroke and blindness. For example, of the 17 million annual global deaths, 55% were caused by cardiovascular diseases, resulting from raised blood pressure, as stated by the World Heart Federation.
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According to the World Health Organization (WHO), around 40% of the world’s population is suffering from hypertension, impacting economies and public health negatively. This augurs well for the global digital blood pressure monitors market growth as elevated BP levels will raise the demand for digital BP monitoring devices.
Some of the key participants in the global digital blood pressure monitors market include:
- Masimo Corporation
- Welch Allyn
- Smiths Group
- GE Healthcare
- Omron Healthcare
- American Diagnostic Corporation
- Nihon Kohden Corporation
According to the Fortune Business Insights report, titled “Digital Blood Pressure Monitors Market Size, Share and Industry Analysis By Product Type (Arm Type & Wrist Type), End User (Hospitals, Ambulatory Surgical Centers & Clinics, Homecare Settings & Others) and Regional Forecast, 2018 – 2025”, the global digital blood pressure monitors market value in 2017 was USD 666.6 million. The report also contains a comprehensive analysis of all the possible factors and trends that will shape the market during the forecast period.
"Inherent Disadvantages of Mercury Sphygmomanometers to Boost Market Expansion"
Mercury sphygmomanometers are plagued by multiple disadvantages, forcing patients and doctors to shift towards digital blood pressure monitors. For example, since mercury is toxic for human and ecological health, any spills can be hazardous and the recovery costs. Furthermore, reading mercury sphygmomanometers requires great skill, which everyone may not possess. Additionally, these devices can experience a lag if they are not properly vented, leading to inaccurate readings.
Lastly, maintaining mercury sphygmomanometers is a tedious task and their accuracy is heavily dependent on how one is holding them. These limitations are expected to boost the adoption rate of digital BP monitors and expand the global digital blood pressure monitors market size.
"High-stress Levels in the US to Propel the Market in North America"
According to a survey conducted by Gallup, 55% of Americans suffer from persistent stress. More importantly, the most stressed is experienced by younger Americans aged between 15 and 49, that is, majority of their working population. As a result, North America is anticipated to hold the major portion of the global digital blood pressure monitors market during the forecast period.
Rising hypertension incidence rate and widespread prevalence of cardiovascular diseases are expected to drive the market for digital blood pressure monitors in Europe till 2025. In Asia-Pacific, expanding working population in India and China is the main factor that will significantly accelerate the global digital blood pressure monitors market revenue in the foreseeable future.
"Exciting Innovations to Intensify Market Competition"
Lack of physical activity, high cost of healthcare, and increasing levels of workplace-related stress has led to a speedy rise in the demand for digital blood pressure monitors. This has opened new vistas for players in the global digital blood pressure monitors market to explore and exploit.
https://www.fortunebusinessinsights.com/press-release/blood-pressure-monitor-market-9106
One of the dominant strategies being adopted to gain an edge in the market is the creation of novel products. For example, Panasonic developed the EW3109W Upper Arm Blood Pressure Monitor that immediately alerts the user if she is experiencing hypertension. It also allows for storing of 90 readings and comes with an in-built LCD screen for ease of reading. Similarly, iHealth has come out with its iHealth Feel Wireless Blood Pressure Monitor that can take 80 readings in a single charge. It is connected to the user’s Android or iOS device.
Get more details here:
https://www.fortunebusinessinsights.com/industry-reports/blood-pressure-monitors-market-100059
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