Electronic Handheld Blood Pressure Devices Market To Reach 793 Million Dollars By 2010, According To New Report By Global Industry Analysts, Inc.

Main Category: Medical Devices / Diagnostics
Also Included In: Hypertension
Article Date: 22 Apr 2008 - 1:00 PDT

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Electronic handheld blood pressure devices are automated blood pressure measuring devices used for measuring blood pressure at regular intervals, without causing inconvenience to the individual's daily routine. Rising healthcare expenditure and rapidly aging population are key factors contributing towards a rise in demand for such devices, particularly in the developed regions of the world. With growing environmental concerns related to the use of mercury-based traditional sphygmomanometers, developed nations have stepped up efforts to replace mercury devices with electronic blood pressure devices.

Rising proportion of overweight population and the growing numbers of elderly people enhance the risk associated with hypertension. The ability to monitor blood pressure levels at home allows patients to effectively manage hypertension. Consequently, the demand for digital blood pressure monitors for home environment is growing rapidly. In addition, advent of devices based on sophisticated technologies has contributed to the augmented demand for such devices globally. However, the inability of electronic blood pressure devices to produce consistent results across a wide range of conditions, ages and blood pressures is a major hindrance to the devices' widespread adoption among the medical community.

Europe and United States dominate the global electronic handheld blood pressure devices market, accounting for more than 70% share of value sales for 2008, as stated in a recent report published by Global Industry Analysts, Inc. Asia-Pacific is projected to be the fastest growing regional market, both in volume and value terms. Economic growth, corresponding increase in living standards, and aging population will continue to create a greater demand for better healthcare in the Asia-Pacific region. In Europe, France, Germany, Italy, and United Kingdom account for more than 75% share of the volume sales. Sales from the German electronic handheld blood pressure devices market are projected to reach 1.2 million units by 2010.

Major players profiled in the report include A & D Medical, Forecare Inc, The Lumiscope Company, Inc., Mabis Healthcare, Inc., Nihon Seimitsu Sokki Co., Medisana AG, Mark of Fitness Inc., Medwave Inc, and Omron Healthcare Co., Ltd. The report enumerates recent developments, mergers, acquisitions and other strategic activities of key market participants.

The report titled "Electronic Handheld Blood Pressure Devices: A Global Strategic Business Report" published by Global Industry Analysts, Inc. analyzes the market over the period 2001-2015, while historic analytics provide an overview of the industry's performance in the past (1991-2000). Geographical markets analyzed in the report include United States, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. The report analyzes the market in terms of both volume and value sales.

For more details of this research report please visit here. About Global Industry Analysts, Inc.

is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc., (GIA)

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