Aging Population Drives Demand for Blood Pressure Monitoring & Measurement Instruments, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Blood Pressure Monitoring and Measurement Instruments. The global Blood Pressure Monitoring and Measurement Instruments market is forecast to exceed US$2.6 billion by 2020, driven by the rising prevalence of hypertension among the elderly.

Blood Pressure Monitoring and Measurement Instruments: A Global Strategic Business Report

Follow us on LinkedIn -Hypertension is rapidly becoming a worrisome public health issue worldwide. The rising prevalence of high blood pressure in adults represents a major economic and social burden in both developed and developing countries. By 2025, the number of hypertension cases globally is projected to rise to 1.5 billion, equating to approximately 30% of the total adult population. About 75% of these patients are forecast to come from the developing countries. Major lifestyle factors aggravating the prevalence of high blood pressure include unhealthy lifestyles, lack of outdoor exercise, excessive alcohol consumption, obesity, rise in stress levels, and diets high in sodium and low in proteins and essential minerals. Other risk factors for developing hypertension include age, genetic predisposition, and pre-existing health conditions like cardiovascular diseases and kidney diseases. In North America, elevated blood pressure is the leading cause behind the rising number of cardiovascular diseases. Each year, approximately seven million Americans succumb to illnesses caused by high blood pressure.

Future growth in the market will be driven by the rapidly aging population, changing lifestyles particularly in the developing countries, and introduction of technically advanced products. Prevalence of hypertension is very high in the elderly population with about 70% of high blood pressure patients being above the age of 60. Government policies and initiatives for the control and effective management of the epidemic nature of hypertension, bodes well for growth in the market. Technology innovations benefiting growth include the development of advanced, lightweight, discreet BP monitors; morning hypertension indicators; solar-powered, talking blood pressure monitors; and monitors with memory, time and date features. Poised to witness strong sales are smart blood pressure monitoring systems with the capacity to automatically measure blood-glucose levels and send out alerts when changes in blood pressure readings are outside the normal range.

As stated by the new market research report on Blood Pressure Monitoring and Measurement Instruments, the United States represents the single largest market worldwide. Asia-Pacific represents the fastest growing market with a CAGR of 9.2% over the analysis period. Key factors driving growth in the region include the rise in health literacy among the growing population, establishment of new healthcare institutions and public health systems, rising standards of living, increasing per capita healthcare spending, and consumer adoption of sophisticated self-care regimes.

Key players covered in the report include A&D Medical, American Diagnostic Corporation, Bokang Instruments Co., Ltd., Briggs Healthcare, Draegerwerk AG & Co., KGaA, Spirit Medical Co., Ltd., GE Healthcare Ltd., Kaz Inc., GF Health Products Inc., Microlife AG, Omron Healthcare Co., Ltd., Philips Healthcare, Rossmax International Ltd., Shenzhen Kingyield Technology Co., Ltd., Spacelabs Healthcare Inc., SunTech Medical Inc., W. A. Baum Co. Inc., Welch Allyn Inc., and Withings, among others.

The research report titled “Blood Pressure Monitoring and Measurement Instruments: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, mergers, acquisitions and other strategic industry activities. The report also provides market estimates and projections in US$ for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), the Middle East, and Latin America. Product segments analyzed in the report include Sphygmomanometers (Aneroid Sphygmomanometers and Digital Sphygmomanometers), Ambulatory and Automated BP Monitors, and Blood Pressure Transducers.

For more details about this comprehensive market research report, please click here

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
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