Pressure Monitoring Market Worth About USD 11.9 billion By 2025
Global PressureMonitoring Market is estimated to reach USD 11.9 billion by 2025 owing to the increasing pressure fluctuations occurring in important body parts that lead to chronic disorders like glaucoma, respiratory disorders, and cardiac disorders. Blood pressure measurement is important in the diagnosing and monitoring multiple clinical conditions. It is measured with auscultatory technique (a non-invasive technique).
The
pressure in the cuff is then measured with the help of sphygmomanometer (also
known as a blood pressure monitor, blood pressure meter, or blood pressure
gauge). Pressure monitoring industry presents a favorable approach for
monitoring different types of pressures in various body parts. It is extremely
crucial in identifying diverse health issues of a patient. The major pressure
fluctuations in important body parts may cause several chronic and acute disorders
like cardiac arrest, diabetes, and glaucoma.
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The
demand for pressure monitoring instruments is predicted to increase in the
forecast period since they help early diagnosis of a patient’s deteriorating
health condition. Additionally, the enhanced blood pressure monitoring
instruments are essentially designed for subjective use which help to record
patient’s health status remotely.
Patients
dealing with lifestyle disorders are expected to suffer from hypertension
throughout their life. Therefore, the need for pressure monitoring among these
type of patients is increasing, which also increases the need for pressure
monitoring instruments. The increasing aging population is yet another
significant driver encouraging the growth of pressure monitoring market. The
geriatric population normally suffer from hypertension and are prone to chronic
disorders. This age group mostly experiences respiratory & cardiac diseases
and is predicted to contribute highly toward the growth of the market in the
coming years.
Technological
modernizations are also fueling the growth of the market due to the emergence
of novel pressure monitoring instruments. Most products are adeptly connected
to smartphones and wrist-watches that self-record their blood pressure easily.
Moreover, the other major players in the pressure monitoring industry are
focusing on manufacturing instruments that measure intraocular pressure for the
reducing the risk of glaucoma. Major manufacturers from pressure monitoring
market have resorted to new product launch as their progressive strategy to
carve a niche for themselves. This has proved beneficial for the healthcare
centers to present vital symptoms of data directly from root automatically that
reinforces the manufacturer’s portfolio of patient monitoring instruments.
Pressure
monitoring industry is categorized on the basis of product type, end-users,
application, and geography. On the basis of product type, the market is divided
into digital Blood Pressure monitors, android blood pressure monitors, blood pressure
instrument accessories, and ambulatory blood pressure monitors.
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On
the basis of end-users, the market is divided into hospitals, home care
settings, ASCs/clinics, diagnostic centers, and others. In terms of
application, the market is classified into Respiratory, Glaucoma, and Dialysis.
Geographically, pressure monitoring market is segmented as North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. North
America followed by Asia Pacific is expected to hold a larger share of the
market in the forecast period.
The
prominent pressure monitoring industry players mentioned here comprise Contec
Medical Systems Co., A&D Company, Limited, Ltd., Halma plc, Hill-Rom
Holdings, Inc., Masimo Corporation, General Electric Company, Nihon Kohden
Corporation, Smiths Group Plc., Koninklijke Philips N.V., and Omron
Corporation.
Market
Segment:
Pressure
Monitoring Product Outlook (Revenue, USD Million, 2014 - 2025)
• Blood Pressure Monitors/Cardiac Pressure Monitors
• Device
• Automated BP Monitors
• Ambulatory BP
Monitors
• Sphygmomanometers
• BP Transducers
• Accessories
• Blood Pressure Cuffs
• Manometers
• Valves and Tubings
• Bulbs
• By Technology
• Digital
• Aneroid
• Pulmonary Pressure Monitors
• Device
• Oximeters
• Capnographs
• Spirometers
• Accessories
• Flanged Mouth Pieces
• Nasal Probes &
Plugs
• Filters
• Intraocular Pressure Monitors
• Device
• Accessories
• Prisms
• Tip Covers
• Sensors
• Intracranial Pressure Monitors
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