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Technavio's market research report identifies that the availability of affordable sphygmomanometers which will increase the adoption of device as one of the primary growth drivers for the global sphygmomanometer market till 2021. The wide availability of products in different ranges at different prices will make the device affordable for the consumer. With the increasing advancements in technology these devices can be connected to smartphones which are cost effective. Therefore, the availability of sphygmomanometers at nominal prices which will help user to track their BP, such advances in the market will propel the growth in the forecast period. According to our industry research analysts, this market will grow at a CAGR of around 8% by 2021.
The availability of advanced sphygmomanometers that can reduce a patient's visit to the doctor and enable the patient to keep a of track of his health will be a major trend in this marketspace. This device provides data from body through sensors according to the set parameters. The market has also witness the evolution of cuffless sphygmomanometer which are more convenient, fast, and are cost effective when compared to the traditional BP machines. Such advancements will fuel the market's growth.
The presence of large vendors in the market, makes it fragmented and highly competitive. To sustain this competitive environment, the vendors widening their product portfolio through mergers and acquisitions. The players are also offering the devices through e-commerce which will widen their geographical reach.
The leading vendors in the market are -
The other prominent vendors in the market are AC Cossor & Son, ARCHOS, Amico, Briggs Healthcare, CONTEC MEDICAL SYSTEMS, ERKA, EXANOVO, Fazzini, Ferno, HEINE, HOLTEX +, Jiangsu folee medical equipment, Microlife Corporation, Qufu Longercare Meditech, Rossmax International, SAN UP, SPENGLER, SunTech Medical, SUZUKEN, Timesco Healthcare, TROGE MEDICAL, and Yu Yue medical.
The electronic sphygmomanometer segment accounted for the major shares of this market due to its automatic operations. This electronic sphygmomanometer will measure systolic and diastolic pressures by oscillometric detection, by using deformable membranes or differential piezoresistance. It will use a cuff placed around the upper arm, the wrist, or a finger for higher accuracy and convenience of the user.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The region has witnessed an increasing demand for technologically advanced products such as wireless sphygmomanometer in ambulatory setup and connected devices at homecare.
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A sphygmomanometer is a medical device used to measure blood pressure. It comprises of an inflatable cuff which is wrapped around the arm and connected to a column of mercury next to a graduated scale. It helps provide accurate readings for a patient's systolic and diastolic blood pressure. This upcoming industry research report on the global sphygmomanometer market offers insights into the key trends and emerging drivers affecting the growth of the healthcare and life sciences industry. Our reports for the healthcare and life sciences industry also follow a comprehensive data collection methodology and offer an analysis of fast growing market segments like orthopedics and general medical devices.
By considering the market forecast and size and the surging demand for various orthopedics and general medical devices, the market research analysts at Technavio render an exclusive picture of global sphygmomanometer market for the years 2017 to 2021. Furthermore, our research practices also help clients develop new growth policies and keep pace with the changing market landscape. According to our analysts, increasing awareness about hypertension and its associated risks may augment the demand for sphygmomanometers across the globe.
This upcoming report on the global sphygmomanometer market also covers vendors like iHealth Labs, Microlife AG, Philips Healthcare, GE Healthcare, Spacelab Healthcare, GF Health Products, ERKA, CA-MI, EmsiG, Suzuken, Bosch + Sohn, and Heine. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global sphygmomanometer market also covers geographies like APAC, Americas, and EMEA.
The upcoming industry research report on the global sphygmomanometer market also categorizes the key drivers, emerging trends, as well as the restraints that the orthopedics and general medical devices sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the healthcare and life sciences industry. Technavio also provides deep-dive market assessments into related sectors such as cardiovascular devices and patient monitoring devices.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
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