Research Nester has recently announced new market demand assessment research titled “Blood Pressure Transducer – Global Demand Analysis & Opportunity Outlook 2021”. The global market study provides a granular data and in-depth analysis on the current and future market situations that are crucial for the existing &new players in the market. The industry research is based on key factors like demand & supply analysis, commercial activities, research investments, pricing analysis, government initiatives & guidelines, driving forces in the market, roadblocks and segmentation based on the product viability.
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 converter 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%.
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.
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.
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.
By End Users
On the basis of End Users, the global Blood pressure transducers market is segmented into:
- Ambulatory surgical centers
- Diagnostic Laboratories
On the basis of region, the global Blood pressure transducers market is segmented into:
- 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
The major key players of global blood pressure transducer market are as follows:
- Utah Medical products
- Argon Medical Devices
- Dolphin Pharmacy Instruments Pvt Ltd.
- Omron Healthcare
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