Hypertension is a chronic condition and a leading cause of death globally. Risk of heart attack, stroke, and kidney failure will increase due to the rise in blood pressure. Rise in geriatric population, growing sedentary lifestyle, lack of physical activity, and rising stress levels has led to increase in the number of people with hypertension. The geriatric population is more prone to high blood pressure; people above the age of 55 years have 90% risk of developing high blood pressure. Social, behavioral, and metabolic factors determine and contribute to hypertension. Behavioral risk factors such as physical inactivity, unhealthy diet, and consumption of alcohol and tobacco increase the risk of hypertension. Blood pressure monitoring devices help to understand the risk related to blood pressure and help in effective monitoring, measurement, and management of the condition.
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The sphygmomanometer segment has been further categorized into mercury sphygmomanometer, aneroid sphygmomanometer, and digital sphygmomanometer. The digital sphygmomanometer sub-segment accounted for the largest share of the sphygmomanometer segment in 2014, as these devices are easier to use than mercury and aneroid sphygmomanometers. These have a built-in stethoscope and gauge for measurement, and the readings are easy to read. The blood pressure transducers segment has been further segmented into reusable transducers and disposable transducers. The blood pressure instrument accessories segment has been sub-segmented into blood pressure cuffs and bladders, bulbs, and valves. The blood pressure cuffs sub-segment held the largest share of the blood pressure instrument and accessories segment. The automated blood pressure monitors segment dominated the global blood pressure monitoring devices market. Growth of this segment is attributed to user-friendly interface, high accuracy, portability, and battery powered features. Moreover, introduction of highly innovative and low priced monitors by the manufacturers would drive the automated blood pressure monitors segment during the forecast period.
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The home end-user segment held the largest share of over 45% of the global blood pressure monitoring devices in 2014. Factors driving the home end-user segment include the growing trend in home health care in the developed as well as developing regions globally. Moreover, advancement in technologies is considered a potential driver of the segment. Several leading companies are striving to introduce innovative and novel blood pressure monitors that can be used in home setting. Incorporation of new and advanced technologies by key players would attract new customers, which in turn is likely to drive the home blood pressure monitors market. The ambulatory end-user segment is expected to expand at a CAGR of 8.0% during the forecast period. Growth of the segment is primarily attributed to its accuracy in diagnosing hypertension than isolated clinic measurements. Ambulatory monitoring is useful for the diagnosis of white-coat hypertension and masked hypertension. Additionally, introduction of novel ambulatory blood pressure monitoring devices by leading companies such as Medtronic, Inc., GE Healthcare, and SunTech Medical increases the uptake of these devices.
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Geographically, North America dominated the global blood pressure monitoring market in 2014 with share of over 32% owing to factors such as increasing geriatric population in the region. The geriatric population is expected to increase by 5% every year in North America. Moreover, high blood pressure (hypertension) is one of the leading causes of cardiovascular diseases in the region. Approximately 92 million (2014) people in the U.S. suffer from high/low blood pressure. Illnesses caused due to hypertension account for around 7 million deaths in the U.S. each year. Moreover, high adoption rate of high-end and expensive automated devices among the masses would propel the growth of the blood pressure monitoring devices market in the near future. Asia Pacific held the second largest share of over 28% of the global blood pressure monitoring devices market in 2014. Expanding population base coupled with rise in geriatric population are the key reasons for high prevalence of hypertension in this region. According to the Chronic and Non-communicable Disease Prevention and the Control Center of Chinese Center for Disease and Prevention, 33.5% adults were diagnosed with hypertension in the country. Moreover, successful implementation of mHealth and rapid growth of remote monitoring devices in China, Japan, India, and Australia would propel demand for blood pressure monitoring devices in the region. Europe held a share of around 23% of the global blood pressure monitoring devices market in 2014. Standardization of the accuracy and safety of blood pressure monitoring devices by the European Union has increased the acceptance of monitoring devices among the masses, thereby driving demand for these devices in the region. Latin America and the Middle East are the emerging markets for blood pressure monitoring devices. Factors such as sedentary lifestyle leading to high chronic disease burden and easy access to diagnostic technologies and health care professionals are driving the blood pressure monitoring devices market in the region.
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