The latest market research report by Technavio on the
global ambulatory blood pressure monitoring (ABPM) systems
market predicts the market to reach USD 75 million during the
period 2018-2022.
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the full release here:
http://www.businesswire.com/news/home/20180212005944/en/
Technavio has published a new market
research report on the global ambulatory blood pressure monitoring
systems market from 2018-2022. (Graphic: Business Wire)
The report segments the global ambulatory blood pressure
monitoring systems market based on product (arm-based and
wrist-based) and end-user (hospitals, ASCs, home care settings, and
others and by geography (the Americas, EMEA, and APAC). It provides
a detailed illustration of the major factors influencing the
market, including drivers, opportunities, trends, and
industry-specific challenges.
Here are some key findings of the global ambulatory blood
pressure monitoring systems market, according to Technavio
healthcare and life sciences researchers:
- Increasing incidence of hypertension
coupled with geriatric population: a major market driver
- Technological advances: emerging market
trend
- The Americas dominated the global
ambulatory blood pressure monitoring systems market with 47% share
in 2017
- A&D, Microlife, Schiller, Spacelabs
Healthcare, SunTech Medical and Welch Allyn are the leading players
in this market
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Increasing incidence of hypertension coupled with geriatric
population: a major market driver
Increasing prevalence of hypertension coupled with the geriatric
population is one of the major factors driving the global
ambulatory blood pressure monitoring systems market.
High blood pressure often leads to a condition called hypertension,
which is a significant risk factor responsible for overall
mortality rate globally. Hypertension increases the risk of
diseases like stroke, heart diseases, and kidney failures by
putting pressure on arteries walls. High blood pressure can also
cause harm to the brain by causing a transient ischemic attack,
stroke, dementia and mild cognitive impairment. It can also affect
the eyes causing damage to the retina and affects the nerves,
sexual dysfunction, bone loss, and conditions like obstructive
sleep apnea.
According to a senior analyst at Technavio
for patient monitoring devices research, “Increasing aging
population coupled with contributing factors such as high levels of
cholesterol, obesity, sedentary lifestyles, alcohol, smoking,
pre-hypertension, and diabetes increase the incidence of
cardiovascular diseases. This will increase the demand and adoption
of ambulatory blood pressure monitors and thereby drive the growth
of the market.”
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Technological advances: emerging market trend
The global ambulatory blood pressure monitoring systems
market is witnessing technological advances by manufacturers.
Accurate measurement of blood pressure is essential for better
diagnosis and management of hypertension. It is vital that the
proper cuff is selected, BP devices are properly calibrated, and
the patient is appropriately positioned. ABPM is performed using
portable, lightweight BP device, which is attached to the arm cuff
and provides continuous BP monitoring. The monitor is connected to
the belt or carried in a small pouch. The device helps rule out
white coat hypertension and masked hypertension accurately.
With the increasing patient pool of hypertension, the demand for
advanced ambulatory monitoring systems is increasing. Vendors in
this market offer novel ABPM devices that cater to the growing need
of the end-users. Vendors are also incorporating newer technologies
into the blood pressure monitors, with multiple monitoring
functionalities owing to the growing demand for such advanced
monitoring systems.
Global market opportunities
In 2017, the global ambulatory blood pressure monitoring systems
market was dominated by the Americas with a market share of around
47% followed by EMEA and APAC. North America, especially the US,
was the primary revenue contributor in the Americas due to the
availability of adequate reimbursements from Medicare and Medicaid
and awareness about the availability of advanced ABPM in the
market. Also, increasing prevalence of hypertension coupled with
growing geriatric population, sedentary lifestyles, obesity and the
presence of key vendors in this region will contribute to the
market growth in the region.
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version on businesswire.com: http://www.businesswire.com/news/home/20180212005944/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com