NEW YORK, Aug. 13, 2021 /PRNewswire/ — The digital blood pressure monitors market is poised to grow by USD 244.53 million during 2021-2025, progressing at a CAGR of about 4.05% during the forecast period. The report offers an up-to-date analysis regarding dominant and strong players in the market including A and D Co. Ltd. (Japan), Care Touch (US), ERKA. Kallmeyer Medizintechnik GmbH & Co. KG (Germany), General Electric Co. (US), Geratherm Medical AG (Germany), HILL-ROM HOLDINGS INC. (US), Koninklijke Philips NV (The Netherlands), Microlife Corp.(Taiwan), Omron Healthcare Inc.(Japan), and Smiths Group Plc (UK).
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The digital blood pressure monitors market is driven by the increasing incidences of hypertension among the geriatric population, the growing demand for home-based digital blood pressure monitors, and the surging popularity of digital sphygmomanometers over conventional sphygmomanometers. These crucial factors are expected to trigger the digital blood pressure monitors market toward witnessing a CAGR of over about 4.05% during the forecast period. However, product recalls and stringent regulations as well as the presence of a large undiagnosed population are few factors that may impede the market’s growth in the long run.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
The recovery process involves various phases including:-
- Recognizing the existing business model
- Identifying potential disruptions
- Conceptualize scenario-based planning to mitigate future crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Emerging Opportunities with Key players
A and D Co. Ltd.
The company operates in key business segments including Measurement and Weighing Instruments Business; and Medical and Healthcare Business. The company offers digital blood pressure monitors such as UM-211, TM-2440, TM-2657P, TM-2917, and others.
The company offers digital blood pressure monitors such as VERSA, an intelligent pressure control monitor that provides accurate results, and comfortable cuff pressure.
ERKA. Kallmeyer Medizintechnik GmbH & Co. KG
The company offers digital blood pressure monitors such as Erkameter 125 PRO, that can be used in virtually ever routine medical situation.
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Digital Blood Pressure Monitors Market 2021-2025: Segmentation
Digital blood pressure monitors market is segmented as below:
- North America
The stand-alone digital blood pressure monitors type segment was the largest revenue-generating segment in 2020. The segment is likely to continue gaining the largest market share throughout the forecast period. In terms of Geography, 35% of the market’s growth will originate from Asia due to the growing demand for these monitors from emerging and advanced economies in the region including India and China.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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