According to the report “Blood Pressure Monitoring Devices Market”, published by Market Data Forecast, the global market is projected to reach USD 4.43 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021.
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Hypertension, also known as high blood pressure, is a long-term medical condition, wherein blood pressure in the arteries is persistently elevated. Devices used to monitor blood pressure are BP monitoring devices which automatically obtain blood pressure at certain intervals. Blood pressure monitoring devices can help monitor the blood pressure and diagnose the onset of various cardiovascular disorders such as heart failure, stroke, coronary artery disease, and peripheral vascular disease, which result in high number of deaths worldwide.
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The cost effective and accurate results offer by these indicators is the factor responsible for the market growth. Technological advancements in the field of blood pressure monitoring and the growing use of pressure monitors in hospitals and clinics have contributed to the increasing demand of pressure monitoring devices.
Segmentation by Type:
•Automated BP Monitors
•Ambulatory BP Monitors
•BP instruments accessories
Segmentation by Geography:
•Middle-East and Africa
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Some of the major companies dominating the market, by their products and services include GE Healthcare, Welch Allyn, Inc., A&D Medical Inc., SunTech Medical, Rossmax International Ltd., Spacelabs Healthcare Inc., Panasonic Corporation, Philips Healthcare, Contec Medical Systems Co. Ltd, Omron Healthcare and Microlife AG
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