Global Blood Pressure Monitor Market 2012-2016: High Competition among Vendors Could Pose a Challenge to Growth of this Market
DUBLIN, July 12, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/zrdv8k/global_blood) has announced the addition of the "Global Blood Pressure Monitor Market 2012-2016" report to their offering.
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Analysts forecast the Global Blood Pressure Monitor market to grow at a CAGR of 6.53 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the prevalence of high/low blood pressure. The Global Blood Pressure Monitor market has also been witnessing the trend of growth of telehealth services.
The key vendors dominating this market space are AandD Co. Ltd., GE Healthcare, Omron Healthcare Co. Ltd., Philips Healthcare, and SunTech Medical Inc.
The other vendors mentioned in the report are American Diagnostic Corp., AViTA Corp., Microlife AG, GF Health Product Inc., Medwave Inc., Paul Hartmann AG, Rossmax International Ltd., Schiller AG, W.A. Baum Co. Inc., and Welch Allyn Inc.
Commenting on the report, an analyst from the healthcare team said: "As people are becoming more hygiene conscious, the demand for disposable medical supplies is increasing globally. A similar trend is being witnessed in the Global Blood Pressure Monitor market. Disposable blood pressure monitoring cuffs are rapidly becoming popular because they reduce the risk of hospital-acquired infections. Disposable cuffs are typically made of polyester or vinyl. These cuffs are for one-time use or limited use, and they are commonly used in emergency rooms, operating rooms, and intensive care units where infection control is a primary concern. For instance, SunTech Medical provides soft, single-patient usable, tapered-end disposable blood pressure cuffs with a patient ID line to minimize cross-contamination."
According to the report, the increase in the number of people suffering from high/low blood pressure increases the demand for blood pressure monitors. This is expected to result in the Global Blood Pressure Monitor market growing significantly during the forecast period.
For more information visit http://www.researchandmarkets.com/research/zrdv8k/global_blood
SOURCE Research and Markets