Blood Pressure Monitoring & Measurement Instruments: A Global Strategic Business Report
San Jose, CA (PRWEB) July 26, 2007
Measurement of blood pressure is not only an indicator of cardiovascular or BP related risks, but also acts as guide to manage life-threatening diseases efficiently. BP measurement is also termed as first link in the cascade of events that follow in controlling BP. With an ever-growing population being diagnosed with hypertension, and high blood pressure, the demand for preventative care is expected to witness strong growth.
United States and Europe dominate the blood pressure monitoring & measurement instruments market, collectively accounting for more than 65% of the world market, as stated in a recent report published by Global Industry Analysts, Inc. Asia-Pacific market is expected to spearhead the market, crossing US$350 million by 2010. Sphygmomanometers market represents the largest product segment analyzed, with sales estimated at US$924 million for 2007. Blood pressure transducers market is expected to notch sales to the tune of US$719 million by 2010. Self-monitoring trend is set to drive the demand for digital sphygmomanometer devices for home healthcare applications. Digital Sphygmomanometers market in the Europe is projected to reach US$634 million by 2010.
Monitoring blood pressure at home is on the rise in patients with type 2 diabetes and hypertension. Apart from hospitals and doctors, patients themselves have become direct end users of blood pressure measurement devices, as majority of people suffering from high blood pressure prefer to check their blood pressure regularly at home. Digital sphygmomanometers, which continue to grow at a robust pace, are expected to be the key drivers of the overall BP monitoring and measurements market globally. Ease of use and increasing confidence in their accuracy as well as falling prices have made the digital BP devices a preferred choice particularly in the home monitoring segment. Strong competition from Asia-Pacific manufacturers has resulted in plunging prices, making them more affordable for end-users. Other factors that have contributed to growth of digital BP devices include rising environmental concerns of mercury sphygmomanometers and easy availability at various retail outlets.
Leading players profiled in the study comprise A&D Medical, American Diagnostic Corporation, Braun Health & Wellness, Chin Kou Medical Instrument Co., Ltd., Datascope Corp., GE Healthcare Ltd, Kaz, Inc., Lumiscope Company, Inc., Mabis Healthcare, Inc., Medwave, Inc., Microlife AG, Omron Healthcare Co., Ltd., Philips Medical Systems, Rossmax International Ltd, Samsung America, Inc., Spacelabs Healthcare, Inc., SunTech Medical Group Limited, VSM MedTech Ltd., W.A. Baum Co. Inc., Welch Allyn, Inc. More than 65% of the US Digital Sphygmomanometers market is held by Omron Healthcare, A&D Medical, and Mabis Healthcare.
The report titled "Blood Pressure Monitoring & Measurement Instruments: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides comprehensive review of market trends, drivers, challenges, product profile, competition, regulatory environment, mergers and acquisitions and other strategic industry activity. Analysis is presented for established/emerging geographic markets such as United States, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, Latin America and the Middle East.
For more details of this research report please visit http://www.strategyr.com/MCP-3312.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Web Site http://www.StrategyR.com