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Global Blood Pressure Transducers Market to Grow with a Notable CAGR during 2021 – 2029; Increasing Geriatric Population and Rising Prevalence of Hypertension to Help Drive the Market Growth

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Henry Smith
Global Blood Pressure Transducers Market to Grow with a Notable CAGR during 2021 – 2029; Increasing Geriatric Population and Rising Prevalence of Hypertension to Help Drive the Market Growth

Research Nester published a report titled Blood Pressure Transducers Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global blood pressure transducers market in terms of market segmentation by type, technology, end-user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The blood pressure transducers market is segmented by type into reusable and disposable, out of which the segment for disposable transducers is anticipated to hold a significant share in the market by the end of 2029, which can be credited to their significantly low cost and ease of use. The disposability of these devices also helps in reduction of hospital infections, which is also anticipated to contribute to the growth of the segment during the forecast period. 

The global blood pressure transducers market is projected to grow with a notable CAGR during the forecast period, i.e., 2021-2029, on the back of surge in occurrence of high/low blood pressure concerns, increasing ageing population and detrimental lifestyle changes. Furthermore, technological advancements and growing government expenditure in healthcare sector are also expected to contribute to the market growth.

Geographically, the blood pressure transducers market is segmented into five major regions, namely North America, Europe, Asia Pacific, Latin America and the Middle East & Africa, out of which the market in Asia Pacific is evaluated to grow at the highest rate over the forecast period. This growth can be attributed to increasing investments to develop effective medical equipment by manufacturers and rising health awareness in the region.

 

Growing Prevalence of Hypertension and Increasing Geriatric Population

According to the World Health Organization (WHO), the number of people aged 60 years or above is estimated to grow from 1 billion in 2019 to 1.4 billion in 2030.

Owing to the increasing population of ageing people and rising number of incidents of hypertension, the occurrence of blood pressure related medical issues is also growing, which in turn is estimated to result in an increase in demand for these devices, further driving the growth of the market.

However, lack of skilled experts and the measuring accuracy issues observed in these equipment are expected to operate as key restraints to the growth of the blood pressure transducers market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global blood pressure transducers market which includes company profiling of Utah Medical Products, Inc. (NASDAQ: UTMD), ICU Medical, Inc. (NASDAQ: ICUI), B. Braun Melsungen AG, Edwards Lifesciences Corporation (NYSE: EW), Argon Medical Devices, Inc., Koninklijke Philips N.V. (NYSE: PHG), OMRON Corporation (TYO: 6645), A & D Company, Limited (TYO: 7745) and Hillrom Services, Inc. (NYSE: HRC). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global blood pressure transducers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

Request Report Sample@ https://www.researchnester.com/sample-request-26

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: [email protected]

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919


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