What is Sphygmomanometers Market?
A sphygmomanometer is a device that measures blood pressure. These devices are of aneroid, mercury, and digital types. The growing use of a sphygmomanometer as a monitoring device in day-to-day life has reduced a patientís visit to the doctor and enable the patient to keep track of his health. A sphygmomanometer is an extremely important medical apparatus used for monitoring and evaluating an individualís blood pressure and overall health. The growing demand for a digital sphygmomanometer is supplementing the market growth.
The market study is being classified by Type (Mercury Sphygmomanometers, Aneroid Sphygmomanometers and Digital Sphygmomanometers (Wrist, Arm)), by Application (Hospitals, Ambulatory Surgical Centers, Clinics and Personal Use) and major geographies with country level break-up.
American Diagnostic Corporation (United States), OMRON Corporation (United States), Amico Corporation (United States), A&D Company Ltd.(Japan), Bremed Ltd.(China), CIGA Healthcare Ltd. (United Kingdom), TROGE MEDICAL GmbH (Germany), Hill-Rom Services Inc. (United States), Rudolf Riester GmbH (Germany), The Spengler Holtex Group (France), Contec Medical Systems Co., Ltd.(China), HEINE Optotechnik GmbH & Co. KG (Germany), 3B Scientiifc (United Kingdom), Acoma Medical Industry Co., Ltd (Japan), AmbulanceMed (Turkey), Microlife Corporation (Taiwan), Rossmax International Ltd.(Taiwan), Sklar Surgical Instruments (United States), Timesco Healthcare Ltd.(United Kingdom) and Yuwell-Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.(China) are some of the key players profiled in the study.
The global sphygmomanometers market is fragmented and it has been observed that most of the companies are upgrading or introducing innovative products. These companies rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Also the increase in investments in the healthcare industry is expected to drive the demand for the sphygmomanometers.
Analyst at AMA have segmented the market study of Global Sphygmomanometers market by Type, Application and Region.
On the basis of geography, the market of Sphygmomanometers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Prevalence Of High Blood Pressure
- Demand For Digital Sphygmomanometers
- Rising Use Of Portable Sphygmomanometer
- Decreasing Consumption Of Mercury Sphygmomanometers
- Increasing Investments For Intelligent Sphygmomanometer
- Growing Aging Population
- Inaccurate Readings On Digital Sphygmomanometers
Market Leaders and some development strategies
In January 2020, Spengler collaborated with Holtex to form leading medical devices firm. This merger will expand distribution and sales network of both companies.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Sphygmomanometers Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
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