Global Ambulatory Blood Pressure Monitor Market Outlook 2018-2023

The global ambulatory blood pressure monitor market is expected to display higher growth rate over the next seven years. Rapid surge in market is credited to growing occurrence of chronic diseases, changing food patterns, significant adoption of portable monitoring systems, and ease of use for these devices. 

Blood pressure monitoring devices are responsible for monitoring number of parameters similar to arterial blood pressure, heartbeat rate, blood flow rate, pulse-oximetry, and concentration or partial pressure of carbon dioxide. Globally, market is predicted to generate massive revenue over next seven years, providing numerous opportunities for industry participants to invest in research and development of ambulatory blood pressure monitor market.

Ambulatory blood pressure monitoring systems helps to solve several issues like treatment delay, absence of healthcare facilities, and higher cost. Lack of proper healthcare facilities particularly in rural areas of developing economies across the globe are anticipated to boost demand for ambulatory blood pressure monitor, thus providing lucrative growth opportunities for ambulatory care providers in near future. Increase in number of initiatives undertaken by local governments in collaboration with private bodies in both developing and developed economies to provide outpatient medical services in remote location where there is shortage of medical facilities, are expected to fuel the growth of ambulatory blood pressure monitor industry over the forecast period. 

However, absence of expertise and increase in number of reimbursement issues are restraining the market growth, in the recent years. Yet, recent technological advancements such as the development of big multi-service ambulatory care centers are expected to fuel the growth of ambulatory blood pressure monitor market in the upcoming years. The blood pressure monitoring devices offers smart diagnosis based treatment with the help of highly accurate diagnosis of physiological parameters in real-time.

The market is broadly categorized into three major segments based on the application type such as surgical centers, clinics and diagnostic laboratories. Surgical centers segment is growing rapidly in the market with substantial revenue generation in the last few years. 

The ambulatory blood pressure monitor market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in medicine & pharmaceutical sector, surge in number of research & development activities in the region and existence of well-established healthcare infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the rising ageing population and changing lifestyles. 

Asia-Pacific region is estimated to hold a major share in the ambulatory blood pressure monitor market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increase in the occurrence of chronic diseases, longer in life expectancy, recent infrastructural activities such as development of emergency care centers outside conventional hospital settings, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the ambulatory blood pressure monitor market are A&D Company, Ltd., Spacelabs Healthcare, Inc., Welch Allyn, Inc., Beijing Avantgarde Medical Equipment Company, Ltd., IntegraMed America Incorporations, Symbion Incorporations, Terveystalo Co., and Shenzhen Phenitech Technology Co., Ltd.

Global ambulatory blood pressure monitor market is anticipated to grow at a CAGR of 9.4% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The Global Market for ambulatory blood pressure monitor to 2023 offers detailed coverage of ambulatory blood pressure monitor industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading ambulatory blood pressure monitor producers to provide exhaustive coverage of the ambulatory blood pressure monitor.

Report contents include
- Analysis of the ambulatory blood pressure monitor market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on ambulatory blood pressure monitor including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- A&D
- Welch Allyn
- Omron Healthcare
- SunTech Medical
- Spacelabs
- Bosch + Sohn
- Riester
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