Blood pressure monitor is an instrument that can be used at home and can be considered beneficial for those who are the regular patients of high blood pressure. According to the report by World health organization (WHO), raised blood pressure is estimated to cause 7.8 million deaths, which is about 12.8% of the total deaths in a year. It has explained that high blood pressure is the major risk factor for coronary heart disease and ischemic as well as hemorrhagic stroke. Other than this it is subjected to cause peripheral vascular disease, retinal hemorrhage, renal impairment and visual impairment. It is also seen that men have slightly higher prevalence of raised blood pressure than woman. People residing in Africa are seen with more significant blood pressure problems than North America and Europe.
Get Detail TOC of Blood
Pressure Monitor Market at : https://www.millioninsights.com/industry-reports/blood-pressure-monitor-market
As in Africa, more than 40% of
both sexes are subject to high blood pressure whereas in America and Europe
less than 35% are subject to the same problem. Main reason of this could be
their dietary habits as most of their food is high in cholesterol and high in
starch. Thus, it could be inference that the blood pressure monitor market is
expected to witness high growth by 2022 owing to the increase in the number of
patients chronic to this disease. Key drivers that are expected to drive the market
are increase in awareness of major diseases resulted from high blood pressure,
consciousness of people to maintain health fitness, increase in medical
prescription by doctors to monitor blood pressure on regular basis and
convenience, ease attributed with the use of portable blood pressure monitor.
The aforementioned drivers are
expected to drive the market to more than CAGR of 12% by 2022. Other factors
that drive the market are absence of physical activity, increasing stress
levels, sedentary lifestyles of younger demographics, and rise in the aging
population. Many scholars have also contributed that regular consumption of
tobacco, alcohol and unhealthy diet can also cause the problem of high blood
pressure. Thus, it has become crucially important for the consumers to own an
automated personal device, which could regular monitor high blood pressure.
Factor such as awareness to people about rising occurrence of heart disease,
diabetes, and obesity is also expected to boost the high blood pressure market
in the forecasted period.
Other very popular drivers owing
to the growth of market are low product cost and easiness with which the
automated machines are operated. The segmentation of high blood pressure
monitor Market is based on its types such as aneroid monitor and digital
monitor. Aneroid monitor are classical approach to the measurement technique
where there is a gauge, which can be read through a pointer on a dial. The main
advantage of this type is the presence of separate stethoscope with the cuff.
They are generally priced in the range of USD 20 to USD 40. Other than this
type, Digital monitors have become more popular due to its advantages such as
ease in operation, ease in reading value, paper printing feature, and its
automatic functionality feature. They are generally priced in the range of USD
30 to USD 100, depending upon the optional features.
Get Sample Copy of
Blood Pressure Monitor Market at : https://www.millioninsights.com/industry-reports/blood-pressure-monitor-market/request-sample
In the Region wise segmentation
to North America, Europe, Asia Pacific, Latin America and Middle East, North
America, and Europe are expected to have highest market share owing to the fact
that people there are more subject to cardiovascular disease resulted from high
blood pressure also there is a high awareness among the people about the
importance of routine measurement of blood pressure. Whereas in the Asia
Pacific region which includes countries such as India, China, Japan and
Singapore is expected to witness high growth in the high blood pressure
diseases, mainly due to the richer dietary habits resulted from growing
economies and entry of large food & beverage industries in the developing
region.
Major companies that manufacture
high blood pressure monitors are Geratherm, ERKA, Medical ECONET, Lanaform,
CA.MI Italian Medical Touch, Besco,BosoSohn Germany, digiO2, Hingmed, Honsun,
ChoiceMMed, and Truly health care. These manufactures sell their device on
various features such as one touch automatic inflation, 2-key user interface
for easy operation, Low battery indicator, Large LCD display, Power saving
system, Irregular heartbeat indication, hard disk to store measurements, and a
universal cuff. The price of the blood pressure monitor varies with different
set of features. Generally, the price range from USD 30 to USD 150.
Interestingly, they come in different weights ranging from 5 ounces to 30 ounces.
Some of the exclusive product comes with optional feature of Bluetooth,
compatibility with mobile app, backlight, and easy wrap. Competitors in this
market work on very thin margin due to the increase in the number of players.
The good part is the growing demand of the product in the market, which makes
it more lucrative for investors to invest.
No comments:
Post a Comment