Blood Pressure Monitors Market Size, Share, Global Trends, Key Summary Segmentation and Geographical Overview Till 2025
Blood Pressure Monitors Market report is an expert analysis report explores detaile size and share by Top Players GE Healthcare, Smiths Group, Masimo Corporation, Omron Healthcare and More
Pune, India -- (SBWire) -- 06/11/2019 --The Global Blood Pressure Monitors Market is expected to report growth at a promising rate in the coming years. Spurred by expansion strategies adopted by the leading players as American Diagnostic Corporation, Welch Allyn, Philips, and GE Healthcare.
According to the report, the global blood pressure monitor market will exhibit a healthy CAGR of 9.1% between 2018 and 2025. At this pace, the market will reach US$ 2,074.6 Mn by the end of 2025 as compared to US$ 1,037.2 Mn in 2017.
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Major Players Mentioned in the Report are:
- Nihon Kohden Corporation
- GE Healthcare
- Smiths Group
- Masimo Corporation
- Omron Healthcare
- American Diagnostic Corporation
- Welch Allyn
- Koninklijke Philips N.V.,
CardieX (CDX) receives China FDA Approval for SphygmoCor Inside
In April 2019, CardieX announced that it has received approval from the Chinese Food and Drug Administration for clinical usage and commercialization of its latest blood pressure monitoring product. CardieX announced Oscar 2 ambulatory blood pressure monitor (ABPM), a device launched in collaboration with SunTech Medical Inc. The device received worldwide allocates from renowned healthcare critics and regulatory authorities due to its exceptional capabilities.
The high prevalence of disorders such as hypertension and others leading to diabetes and heart disease has led to increased adoption of Oscar 2 in this particular region Hypertension affects over half of the total adult population in China and is a major cause of heart failures and other heart related disorders. Therefore, the increasing adoption of Oscar 2 has affected The Global Blood Pressure Monitors Market in a positive way and is likely to influence the market in the forthcoming years.
Digital Blood Pressures are by far, the Most Used Product Type
Digital blood pressure monitors are a growing favorite among healthcare professionals. The high caliber functional ability and precise readings due to digital devices have led to increasing use among end users, globally. Single handedly, the digital blood pressure monitor devices have accounted for around 64% of the total market share. Product benefits such as low cost and lesser time for diagnosis are likely to favor the digital blood pressure devices and they will continue to dominate the global market in the forecast period.
In May 2019, Omron introduced a new blood pressure monitoring device with the ability to read electrocardiogram pulses. The device had earlier received clearance from the Food and Drug Administration (FDA) for clinical use. The company made these products available for commercialization in May 2019, after a series of successful clinical trials. Omron's blood pressure monitors are quickly adopted by many healthcare professionals due to their efficiency and EKG capability.
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