Blood Pressure Transducer Market is estimated to grow at a CAGR of 12.1% during

Posted by Satr Martin on May 2nd, 2018

Blood pressure transducers are the machine used to measure venous and arterial blood pressure. Blood pressure transducer is a lightweight and small machine containing a lean flexible metallic diaphragm linked to straining device through inductive connection. This device is attached to an electrical convertor that transforms blood pressure into analog electrical indication and aids in the finding the constant and exact blood pressure via amplifier.

The global blood pressure monitoring device market is anticipated to reach USD 1.96 Billion in the year 2021, with a compound annual growth rate (CAGR) of 12.1%.

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Market Segmentation

By Product Type

On the basis of product type, the global blood pressure transducers market is segmented into:

Reusable Transducers

Disposable Transducers

By Technology

On the basis of Technology, the global Blood pressure transducers market is segmented into:

Digital

Android

Wearable

By End Users

On the basis of End Users, the global Blood pressure transducers market is segmented into:

Hospitals

Ambulatory surgical centers

Clinics

Diagnostic Laboratories

By Region

On the basis of region, the global Blood pressure transducers market is segmented into:

North America

Latin America

Western And Eastern Europe

Asia-Pacific

Row (Rest Of World)

 Growth Drivers and challenges

Escalation in the occurrence of low and high blood pressure among aged population, inactive lifestyle, lack of body activities and hypertension and food containing high fat, cholesterol, alcohol and tobacco intake are the other key factors to drive the growth of  the global blood pressure transducers market.

In addition to that, increase in personal disposable income and rising awareness about the new technology and health problems are some main factors which are expected to drive the growth in global blood pressure transducer market.

Huge cost associated with technical improvement, accurateness of machine and lack of skilled experts are some challenges faced by the global blood pressure transducers market.

Market Size and Forecast

North America accounted for more than 45.0% market share in the global blood pressure transducers industry in 2015. On the back of factor like increase in the geriatric population, change in life style and well-established healthcare facilities, North America blood pressure transducer has the largest market share.

In North America, the U.S. has the largest market share due to up-surged health issues in last few decades and it is projected that around 6.94 million people would die due to high blood pressure by 2021; more than 76 million Americans are detected with high/low blood pressure yearly.

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Europe blood pressure transducer market is growing at a healthy rate and it is expected to grow at average rate due to rising occurrence of hypertension and growing awareness among the patient. Presently, Germany holds the major share in the blood pressure transducer market in Europe.

Asia Pacific blood pressure monitoring device market is growing rapidly and it is anticipated to reach at USD 875 Million by 2021. Asia-Pacific is the second largest blood pressure monitoring market device market currently. It is expected that the Asia Pacific blood pressure transducer market will grow in near future owing to growing health care awareness and government expenditure in healthcare sectors.

Key Players

The major key players of global blood pressure transducer market are as follows:

Utah Medical products

Memscap

Argon Medical Devices

Dolphin Pharmacy Instruments Pvt Ltd.

Omron Healthcare

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

North America (U.S., Canada)

Latin America (Mexico, Brazil, Rest of Latin America)

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)

Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)

Middle East and North Africa (MENA)

Rest of World

Segmentation

By Product Type

By Technology

By End User

By Region

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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