Title: strategicsmr
1(No Transcript)
2Introduction to Ambulatory Blood Pressure
Monitoring devices -
In 2020, the Global Ambulatory Blood Pressure
Monitoring Devices Market share was USD 103.27
million. It is predicted to reach USD 176.98
million by 2028, representing a CAGR of 6.97
percent throughout the forecasted period of
2020-2028. Ambulatory Blood Pressure Monitoring
devices are used to measure blood pressure at
regular intervals even when the patient is
asleep. It is measured at every (15 to 30)
minutes during the day and every (30 to 60)
minutes at night. A 24-hour ambulatory blood
pressure monitoring device can detect and reduce
white coat hypertension or masked hypertension so
that people can timely receive the necessary
treatments or medications that are required for
high BP (Blood Pressure).
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
3Introduction to Ambulatory Blood Pressure
Monitoring devices -
According to CDC (Centers for Disease Control and
Prevention), in 2017, high hypertension was
regarded as blood pressure at or above 130/80
mmHg, whereas Stage 2 hypertension was defined as
BP at or above 140/90 mmHg. Raised or high BP is
responsible for approximately 7.6 million deaths
each year which is around 13.5 of the total
number of deaths across the globe. Automated
ambulatory blood pressure monitoring or
Non-invasive Blood pressure Monitoring provides
either continuous or intermittent readings of BP.
In the case of intermittent non-invasive
monitoring, an occluding upper arm cuff is most
commonly used. The above-mentioned statistics are
surely going to have a positive impact on the
overall growth rate of the Ambulatory Blood
Pressure Monitoring Devices Market.
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
4Market Dynamics -
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
5Market Drivers -
- The rise in the geriatric population is one of
the major causes that is fueling the growth of
the Global Ambulatory Blood Pressure Monitoring
Devices Market size. According to WHO, the
geriatric population worldwide is likely to reach
approximately 2 billion by 2050, as compared to
617 million in 2015. - The rising prevalence of Hypertension (HTN) is
also one of the major causes which is driving the
overall market growth. According to the NHANES
(US National Health and Nutrition Examination
Survey), 70 of adults over 65 years of age have
hypertension and will have to take serious
measures to reduce it. - The above market drivers have led to the rise in
usage of several ABPM devices such as The Welch
Allyn ABPM, contec abpm50, tm 2430 blood pressure
monitor, oscar 2 ambulatory blood pressure
monitor, omron ambulatory blood pressure monitor,
holter bp monitor, spacelabs 90217 ABPM, etc
which is accelerating the overall market growth
significantly.
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
6Restraints -
- Lack of reimbursement to the patients for using
the ambulatory devices until and unless masked
hypertension or white coat hypertension is
suspected is the major factor that is restraining
the growth of the market.
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
7Opportunities -
- The Oscar 2 Ambulatory Blood Pressure Monitoring
device has gained immense popularity in
accurately measuring the blood pressure in
patients and is likely to witness substantial
growth in the future. - Also, the use of Omron Ambulatory Blood Pressure
Monitor is rapidly increasing as it comes with
the TruRead technology for clinically accurate
results. Thus, it is expected to grow at an
exponential rate in the years to come. - The above two statistics showcase the trend for
larger adaptability of the ABPM Devices thus
creating a lucrative opportunity for growth
especially among the geriatric population. Also,
the Healthcare Infrastructure and Healthcare
expenditure has seen a massive uprise in the
United States and other developing countries
which is one of the major factors that will
create a good opportunity for substantial growth
in the Ambulatory Blood Pressure Monitoring
Devices Market during the forecasted period.
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
8- Based on End User, the Hospitals segment
dominated the market with a consistent CAGR. The
rising prevalence of BP, increase in government
initiatives for developing the health care
infrastructure to provide a better
patient-centered care system are the major
factors that drive the growth of this market. - According to the US National Library of Medicine
and National Institutes of Health, around 47 of
coronary heart disease and 54 of stroke patients
who are admitted to the hospitals are prone to
high BP.
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
9Based on Region, North America dominated the
market covering approximately 42.25 share of the
total market share across the globe.
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)
10Thankyou
Ambulatory Blood Pressure Monitoring Devices
Market Type (Arm ABPM Devices, Wrist ABPM
Devices), End-User (Hospitals, Ambulatory
Surgical Centers, Others), By Geography, Segment
revenue estimations, Forecast (2020-2028)