2013-01-15 16:19:17 - Blood pressure monitor market increasing due to the growing incidence of obesity
The blood pressure monitor market has been forecast to increase at a compound annual growth rate (CAGR) of 6.53% through to 2016, driven by increase in the prevalence of high/low blood pressure along side the growth in telehealth services.Blood pressure monitoring provides indication to cardiovascular or blood pressure related risks and facilitates in effective management of several life-threatening diseases. BP measurement also acts as the first step that helps in effective controlling of BP. Rapidly expanding elderly population and growing incidence of obesity are contributing to the rise in hypertension patients. With the increase in number of new patients diagnosed with hypertension and high blood pressure, demand for preventative care and monitoring devices is anticipated to witness significant growth.A growing
awareness, attractive features and convenience in using at home blood pressure monitoring devices has fuelled market growth for this segment, despite the prevailing negative conditions amid the global economic meltdown. Telehealth applications are another area promising future market growth. Ambulatory blood pressure monitoring on the other hand has become an important tool for diagnosing hypertension in the clinics.Another significant trend is disposable transducers rapidly replacing reusable transducers because of their lower costs as well as ease of use. New and innovative features are being integrated to lure customers, particularly in the upper arm monitors where size is not a key factor during designing.Key players currently dominating the blood pressure monitor market include AandD Co. Ltd., GE Healthcare, Omron Healthcare Co. Ltd., Philips Healthcare, and SunTech Medical Inc.For more information on the blood pressure monitor market, see the latest research: Blood Pressure Monitor MarketFollow us on Twitter @CandMResearch
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