Dublin, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The "Global Blood Pressure Cuffs Market by Product (Disposable, Reusable), Type (Automated, Manual), End-Users - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The global blood pressure cuffs market is on the verge of significant expansion, poised to achieve an impressive Compound Annual Growth Rate (CAGR) in the coming years.
With an estimated market size of USD 261.32 million in 2022, this market is already demonstrating promise, and it is projected to reach USD 532.90 million by 2030, showcasing a robust growth trajectory.
Market Segmentation & Coverage:
This comprehensive research report employs meticulous categorization to analyze the global blood pressure cuffs market, enabling accurate revenue forecasting and trend analysis within distinct sub-markets:
Product: The market is segmented into two categories, Disposable and Reusable. Disposable blood pressure cuffs are anticipated to dominate the market share during the forecast period.
Type: The market analysis distinguishes between Automated and Manual blood pressure cuffs. Manual cuffs are projected to secure a significant market share during the forecast period.
End-Users: This segment covers various end-users, including Ambulatory Surgical Centers, Clinics, Homecare, and Hospitals. Hospitals are expected to claim a substantial market share during the forecast period.
Region: The global blood pressure cuffs market is scrutinized across key regions, including the Americas, Asia-Pacific, and Europe, Middle East & Africa (EMEA). Notably, the Americas are further segmented into Argentina, Brazil, Canada, Mexico, and the United States.
Market Dynamics:
Drivers: The report identifies several drivers fueling market growth, including the increasing incidence of hypertension worldwide, a growing demand for disposable blood pressure cuffs, and government initiatives to enhance hospital facilities.
Restraints: Technical limitations and operational issues associated with blood pressure cuffs are recognized as potential restraints in the market.
Opportunities: The report highlights opportunities arising from advancements in the design and accuracy of disposable blood pressure cuffs, as well as the substantial potential for self-measured blood pressure monitoring.
Challenges: Rising environmental concerns stemming from the waste generated by disposable medical supplies pose a challenge.
Key Insights and Deliverables:
This report offers valuable insights and addresses crucial questions for stakeholders:
- Market Penetration: Comprehensive information on the market is provided by key players.
- Market Development: In-depth details about lucrative emerging markets and penetration across mature segments are analyzed.
- Market Diversification: The report offers detailed information on new product launches, untapped geographies, recent developments, and investments.
- Market Trends: A comprehensive understanding of the cumulative impact of COVID-19, the Russia-Ukraine Conflict, and high inflation is provided.
- Competitive Assessment & Intelligence: The report exhaustively assesses market shares, strategies, products, certifications, regulatory approvals, patent landscapes, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights are presented on future technologies, R&D activities, and breakthrough product developments.
Key Attributes:
- Number of Pages: 196
- Forecast Period: 2023 - 2030
- Estimated Market Value (USD) in 2023: USD 284.47 Million
- Forecasted Market Value (USD) by 2030: USD 532.9 Million
- Compound Annual Growth Rate: 9.3%
- Regions Covered: Global
The global blood pressure cuffs market is primed for substantial growth, with a remarkable CAGR forecasted for the foreseeable future. This dynamic market presents a plethora of opportunities for both existing and prospective entrants.
Companies Mentioned
- American Diagnostic Corporation
- Cardinal Health, Inc.
- Elanor Surgicals
- GE Healthcare
- Halma PLC
- Hill-Rom Holdings, Inc.
- Koninklijke Philips N.V.
- Medline Industries, Inc.
- Midmark Corporation
- Narang Medical Limited
- Omron Healthcare, Inc.
- Spacelabs Healthcare Inc.
- Spengler SAS
- SunTech Medical, Inc.
- W.A. Baum Co., Inc.
For more information about this report visit https://www.researchandmarkets.com/r/qpava0
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