Blood Pressure Transducers Market Research Report covers the present scenario and the growth prospects of the Blood Pressure Transducers Industry for 2017-2021. Blood Pressure Transducers Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Blood Pressure Transducers globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Blood Pressure Transducers Market:
- Becton, Dickinson and Company
- Edwards Lifesciences
- ICU Medical
- Utah Medical
- Argon Medical Devices
Other Prominent Vendors of Blood Pressure Transducers Market Are:
- Biosensors International
- FISO TECHNOLOGIES
- Fogg System Company
- iWorx Systems
- Junken Medical
- Medline Industries
- Merit Medical Systems
- Samba Sensors
- Smiths Medical
One trend in market is growing demand for disposable blood pressure transducers. Frequent fluctuations in blood pressure in the older adult population, inactive lifestyle, consumption of food with high fat content, and alcohol and tobacco intake are leading to conditions such as hypertension and high cholesterol. They are increasing the demand for blood pressure transducers especially disposable blood pressure transducers. Medical personnel worldwide are opting for disposable blood pressure transducers over traditional reusable blood pressure transducers as reusable products present risks of contamination, hospital-acquired infections, or nosocomial infections. The CDC has estimated that about 1.7 million people in the US acquire these infections every year, of which about 99,000 individuals succumb.
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According to the report, one driver in market is growing incidences of cardiovascular diseases. There has been an increase in prevalence of cardiovascular diseases globally, with sudden cardiac arrest being the leading cause of death among individuals aged above 40 years, especially those over the age of 60 years. Some of the causes of cardiovascular diseases are cigarette smoking, hypertension, diabetes, elevated total cholesterol, and excess body weight. These health risks mainly arise because of unhealthy dietary habits, increased stress, and lack of physical activity due to hectic lifestyles. The worldwide prevalence of hypertension is increasing at a rapid pace. The increasing population base with hypertension condition is expected to increase the demand for blood pressure transducers.
Report also presents Geographical Segmentation analysis of Blood Pressure Transducers Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in market is threat from substitutes. The key challenge faced by the vendors in the global blood pressure transducers market is the presence of alternative devices or substitutes for the measurement of blood pressure. A blood pressure transducer is an invasive measurement of blood pressure and is performed by medical supervisors. Also, it involves more time compared with other blood pressure monitoring procedures. Therefore, patients are preferring minimally invasive and non-invasive blood pressure monitoring procedures over blood pressure transducers. These substitutes include sphygmomanometers, automated blood pressure monitors, mercury blood pressure monitors, aneroid blood pressure monitors, automated and digital blood pressure monitors, and other instruments and accessories. In addition, to retain their market shares vendors need to invest heavily in R&D to introduce innovative products. Therefore, the presence of other devices hinders the growth of the global blood pressure transducers market.
Key questions answered in Blood Pressure Transducers market report:
- What will the Blood Pressure Transducers market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving Blood Pressure Transducers market?
- What are the challenges to Blood Pressure Transducers market growth?
- Who are the key vendors in Blood Pressure Transducers market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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