Pressure Monitoring Devices Market, by Product Type (BP Monitors, Pulmonary Pressure Monitors, Intraocular Pressure Monitors, and Intracranial Pressure Monitors) by Application Type (Respiratory Disorders, Glaucoma, Cardiac Disorders, Neurological Disorders, Dialysis, Others) by End User (Hospitals, Homecare Settings, Clinics, Diagnostic Laboratories, and Others) by Procedure Type (Invasive Monitoring Device, Non-Invasive Monitoring Device) and by Geography - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2018-2026

  • To Be Published : Jun 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Hypertension, also called as High Blood Pressure (HBD) is the major cause of concern among the society. It is a long term medical condition, which affects blood pressure in the arteries. The long term high blood pressure may result into, major health complications such as stroke, heart failure, coronary artery disease, atrial fibrillation, vision loss, and other problems. According to the American Heart Association, Inc. report in 2013, around 77.9 million (1 out of every 3) adults are suffering from high blood pressure in the U.S. Pressure monitoring devices effectively monitor and measure various types of pressure such as blood pressure, pulmonary pressure, and intraocular pressure. Pressure monitoring devices are available in various types and sizes depending on the requirement of the application. Increasing adoption of these device is due to advantages offered by it such as user friendliness and compactness.

Market Dynamics

Increasing demand for compact and smart devices for estimating pressure are the major factors boosting growth of the global pressure monitoring device market. There is been upsurge in number of people facing hypertension and related disease. For instance, in 2008, World Health Organization (WHO) reported 9.4 million deaths worldwide every year due to hypertension, which in turn increased the demand for tools and services to manage their symptoms. The technological advancements in pressure monitoring devices are driving growth of the pressure monitoring devices market. For instance, Blumio, the U.S. based medical device developer designed a wearable blood sensor that can continuously monitor blood pressure without requiring an inflatable cuff, enabling users to track and monitor blood pressure throughout the day. Furthermore, increasing awareness among the patients regarding disease monitoring and fitness is expected to boost growth of global pressure monitoring device market over the forecast period. However, inaccuracy of the devices in monitoring medical parameters by fluctuating the actual and displayed results is expected to restrain market growth. For instance, a survey article published by Oakland University in 2016, reported that, out of 126 aneroid blood pressure monitoring devices around 22.6% had calibration error for the clinical applications.

Regional Insights

On the basis of region, the global pressure monitoring device market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America holds the dominant position in market in terms of revenue, owing to quick adoption of technologically advanced devices in this region and presence of major market players in this region especially in the U.S. , Asia Pacific region is projected to witness significant growth in the market over the forecast period, owing to a massive pool of vulnerable population to various chronic diseases and wide availability of innovative products offering better solutions to the patient at the marginally lower costs. For Instance, CotinUse Biometrics Ltd. an Israel based company uses laser nanotechnology to measure blood pressure, respiration, lung activity, and muscle activity simultaneously.

Competitive Insights

The key players operating in the global pressure monitoring devices market include Smiths Groups Plc., Omron, Welch Allyn, Microlife Corporation, General Electric Company, Koninklijke Philips N.N., Halma plc, Hill-Rom Holdings, Inc., A&D Company, Spacelabs Healthcare, Criticare Technologies, Hingmed, CITIZEN SYSTERMS JAPAN, ERKA, Opto Circuits, Beurer, CAS Medical Systerms, Geratherm Haiying Medical, Medical, Nihon Kohden, Schiller, Shenzhen Mindray Bio-Medical Electronics, Vasomedical, Gaeltec Devices, Rudolf Riester, Rossmax International, Truly Healthcare, and Norditalia. Key players are engaged in developing new technologies in order to retain dominant position in the market. For instance, Microlife Corporation introduced AIFB technology inside its BP monitors, which allows patients to screen for Atrial Fibrillation (AF) during the blood pressure measurement process.    

Market Taxonomy

On the basis of product type, the global pressure monitoring devices market is segmented into:

  • Blood Pressure Monitors
    • Automated Blood Pressure Monitors
    • Ambulatory Blood Pressure Monitors
    • Sphygmomanometers
    • Blood Pressure transducers
    • Components and Accessories
  • Pulmonary Pressure Monitors
    • Oximeters
    • Capnograph
    • Spirometers
    • Accessories
  • Intraocular Pressure Monitors
  • Intracranial Pressure Monitors

On basis of application type, the global pressure monitoring devices market is segmented into:

  • Respiratory Disorders
  • Glaucoma
  • Cardiac Disorders
  • Neurological Disorders
  • Dialysis
  • Others

On the basis of end users, the global pressure monitoring devices market is segmented into:

  • Hospitals
  • Clinics
  • Homecare
  • Diagnostics laboratories
  • Others

On the basis of procedure type, the global pressure monitoring devices market is segmented into:

  • Invasive monitoring devices
    • External Ventricular Drainage
    • Microtransducer Monitor
  • Non-Invasive monitoring devices
    • Transcranial Doppler Ultrasonography
    • Optic Nerve Sheath Displacement
    • MRI/CT
    • Tympanic Membrane Displacement (TMD)
    • Fundoscopy (papilledema)

On the basis of region, the global pressure monitoring devices market is segmented into

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.