SPHYGMOMANOMETER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Sphygmomanometer Market, By Type (Mercury Sphygmomanometer, Aneroid Sphygmomanometer, Digital Sphygmomanometer), By Operation (Manual, Semi-Automatic, Automatic), By Modality (Wall Mounted, Portable, Others), By End User (Hospitals & Clinics, Homecare Settings, Ambulatory Surgical Centres, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Mar 2024
Code : CMI6798
Pages :172
Formats :
Excel and PDF
Industry : Medical Devices

Market Concentration and Competitive Landscape

Sphygmomanometer Market Concentration By Players

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Growing elderly population and lifestyle diseases

Ageing population globally has become an important demographic and social trend in recent decades. Medical experts warn that risk of hypertension and associated complications increases with older age. At the same time, lifestyle diseases have risen manifold due to changing dietary patterns and more sedentary habits in modern lifestyle. Developed nations already have a significantly older population structure. Even developing countries are witnessing a sharp rise in their geriatric population base as life expectancy increases. This elderly segment of society is more prone to developing age-related health conditions like hypertension. Regular medical supervision and home monitoring is important for effective management. This makes sphygmomanometers an essential healthcare product within this demographic. With greater numbers of elderly worldwide, the demand for self blood pressure monitors is expected to see sustained demand. Manufacturers are accordingly developing more user-friendly products tailored for the senior population.

Key Players Insights