The global blood pressure monitoring devices market size is expected to register a stable revenue CAGR during the forecast period.
NEW YORK, NY, USA, May 13, 2022 /EINPresswire.com/ — An unprecedented report on the Blood Pressure Monitoring Devices Market was recently released by Reports and Data which offers a comprehensive overview of the overall market scenario along with trends in emerging markets. The report provides detailed information on market size, market trends, drivers, restraints, growth opportunities and challenges. The report is organized using various analytical tools such as SWOT analysis and Porter’s Five Forces analysis to help the user understand the current market dynamics and the data is well presented using tables, charts, graphs and other illustrated presentations.
The pharmaceutical and healthcare industry has grown tremendously in recent years and is expected to experience steady revenue growth over the forecast period due to rapid innovations in medical technology, increased investment, rising healthcare spending and high adoption of advanced products and systems. Factors such as the growing prevalence of chronic diseases such as diabetes, cancer, cardiovascular disease and neurological disorders across the world, rising coronavirus cases, improved healthcare infrastructure and research facilities , and increasing adoption of remote patient monitoring and home care services are expected to fuel the revenue growth of the global market during the forecast period. In addition, the growing number of hospitals and ambulatory care centers around the world, high demand for personalized medicine, increasing investment in drug discovery, and growing investments from public and private sectors are expected to drive the growth of the world market in the years to come.
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Major companies operating in the market are:
Omron Healthcare, Inc.
Hill-Rom Holdings, Inc.
Nihon Kohden Company
Koninklijke Philips NV
GE Healthcare (General Electric Company)
American Diagnostic Society
SunTech Medical, Inc.
The report also focuses on the details of each market player including their global position, financial position, revenue generation, company overview, product and service portfolio. The blood pressure monitoring devices market is fiercely competitive and comprises several key players at regional and global level. The major players are focusing on adopting various strategies such as new product launches, mergers and acquisitions, R&D investments, partnerships, joint ventures and collaborations to strengthen their market position and improve their product portfolio. products.
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The report also offers detailed information on market segmentation based on type, application and regional bifurcation:
Blood Pressure Monitoring Devices Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
Aneroid blood pressure monitors
Digital blood pressure monitors
Accessories for blood pressure monitors
Ambulatory blood pressure monitors
Automated BP Monitors
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Hospitals and Clinics
Ambulatory surgery centers
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Middle East and Africa
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