The Latin America Pressure Monitoring Market was valued at USD 334.2 million in 2014 and is expected to reach USD 463.4 million by 2020, at a CAGR of 5.6% from 2015 to 2020. Pressure monitoring devices are classified into blood pressure monitors, pulmonary pressure monitors, and intraocular pressure monitors, and intracranial pressure monitors. Along with the devices market, the accessories market of pressure monitoring is also estimated both in terms of value and volume. Pressure monitors are a part of sophisticated multi-parameter patient monitors. Technological advancements in the field of pressure monitoring and the growing use of pressure monitors in hospitals and clinics have contributed to the increasing demand of pressure monitoring devices.
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The purpose of Latin America Pressure Monitoring Market is to define, describe, and forecast the Latin America pressure monitoring industry. It involves a deep-dive analysis of market segmentation which comprises submarkets of product type (devices and accessories), procedure, technology, therapeutic applications, and end user.
The Pressure Monitoring Market report also offers insights on key players in the market. The product type, in terms of device, includes blood pressure monitors, which is further segmented by type (sphygmomanometers, automated blood pressure monitors, ambulatory blood pressure monitors, BP transducers), and by technology (digital, aneroid, wearable); pulmonary pressure monitors, which is further segmented into oximeters, spirometers, and capnographs. The accessories subsegment includes intraocular pressure monitors, intracranial pressure monitors, and other pressure monitoring devices. Geographically, the market is segmented on the basis of major Latin American countries such as Brazil, Argentina, Mexico, Columbia, Chile, and Rest of Latin America.
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In Latin America, Brazil commanded the largest share of the overall pressure monitoring market. The growth in Latin American market can be attributed to rising incidences of hypertension in aging population, increasing home care settings, and technological advancements. Rise in respiratory disorders, increase in the number of smoking population, and exposure to dust and other chemicals in workplaces are the key factors propelling the growth of pulmonary pressure monitors segment. On the other hand, high cost of equipment, economic slowdown, and inadequate product knowledge are some of the restraints inhibiting the growth of pressure monitoring industry.
The pressure monitoring market report also provides a detailed competitive landscaping of companies operating in this market. Details regarding segment and country specific company shares, news & deals, M&A, segment specific pipeline products, and product approvals and product recalls of major companies have been provided in the report.
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The Main Companies Operating in Pressure Monitoring Market Are:
- Halma plc (U.K.)
- Masimo Corporation (Delaware)
- Omron Corporation (Japan)
- Carefusion Corporation (U.S.)
- Medical International Research (Italy)
- Vitalograph, Inc. (U.K.)
- Icare Finland Oy (Finland)
- Integra Lifesciences Corporation (U.S.)
- A&D Medical (Japan)
- Nihon Kohden Corporation (Japan)
- Nonin Medical Inc. (U.S.)
- Smith’s Medical (U.S.)
- Welch Allyn (U.S.)
- Medtronic Plc (U.S.)
- GE Healthcare (U.K.)
- Philips Healthcare (Netherlands)
- Schiller AG (Switzerland)
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