Pressure monitoring market is expected to reach USD 8,040.6 million by 2020 from USD 6,300.0 million in 2015, growing at a CAGR of 5.0% from 2015 to 2020. Market is categorized on basis of product type, procedure, therapeutic application, end user, and geography. Product type, pressure monitoring devices segment is expected to account for largest share in 2015, closely followed by pressure monitoring accessory segment.
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The Pressure Monitoring Market report provides a complete summary of the major drivers, restraints, challenges, opportunities, current market trends, and various strategies influencing the pressure monitoring market along with estimates and forecasts of the revenue and market share analysis.
Pressure Monitoring Market, By Therapeutic Application
- Respiratory Disorders
- Cardiac Disorders
- Neurological Disorders
In pressure monitoring market research report factors like rising incidences of chronic and acute diseases, increase in aging population, technological advancements, changing lifestyle which in turn increased prevalence of diseases are driving growth of pressure monitoring market. In addition, innovation in form of non-invasive devices is also contributing to growth of market.
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Pressure monitoring plays an important role in detecting the health problems of a patient. The major fluctuations of pressure in the vital areas of the body may cause various chronic and acute diseases such as diabetes, cardiac arrest, and glaucoma.
Increase in prevalence of the above mentioned diseases and growing aging population have increased need for pressure monitoring and control in the market.
Premium Insights Covered in This research are as follows
- Pressure Monitoring Devices Market
- Pressure Monitoring Market, By End User
- Blood Pressure Monitoring Market, By Device
- Pressure Monitoring Market, By Device
- Geographic Snapshot
Key players in the pressure monitoring market include Philips Healthcare (The Netherlands), GE Healthcare (U.K.), Welch Allyn, Inc. (U.S.), Medtronic (U.S.), and Drägerwerk AG & Co.
Major factors responsible for growth of pressure monitoring are rising prevalence of chronic & acute diseases, growth of aging population, new product launches, increase in lifestyle related diseases, & technological advancements. Due to these factors, demand for pressure monitoring increasing.
On other hand, lack of trained professionals, short shelf life of device, accuracy of devices has may restrain growth of market.
Apart from complete geographic and product analysis & market sizing, report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years. In addition, company profiles comprise basic views on key players in pressure monitoring market and product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in near future.
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