Healthcare Blood Pressure Transducer Market | Página 2
The global blood pressure transducer market is segmented into product type such
as reusable transducers and disposable transducers. Among these segments,
disposable transducers segment is expected to grow at highest CAGR in overall
blood pressure transducer market during the forecast period. Rising incidents of
cross-contamination is anticipated to raise the demand for disposable blood
pressure transducer. Furthermore, hospitals are increasingly adopting disposable
blood pressure transducers to reduce the risk of cross-contamination. This factor
is expected to swell the demand for disposable blood pressure transducer over
the forecast period.
Global blood pressure transducer market is expected to flourish at a significant
CAGR of 12.1% during the forecast period. Moreover, the global blood pressure
transducer market is expected to garner USD 1.96 Billion by the end of 2021.
Factors such as rising incidences of hypertension, low blood pressures and high
blood pressures among aged population are expected to considerably increase the
market size of global blood pressure transducer market.
North America held the largest market share of blood pressure transducer in
2016. Further, North America is projected to continue its dominance over the
forecast period owing to the high percentage of adults with high blood pressure in
the region. As per the Centers for Disease Control and Prevention, currently,
about 75 million adults are estimated to be suffering from high blood pressure.
Asia Pacific is projected to grow at highest CAGR growth during the forecast
period. Rising healthcare expenditure and continuous development in healthcare
infrastructure is expected to fuel the growth of blood pressure transducer market
in Asia Pacific region.
Rising Number of People with High Blood Pressure
Increasing prevalence of hypertension among elderly people is anticipated to
drive the growth of the blood pressure transducer market during the forecast
period. Further, factors such as rising geriatric population, transition from
agrarian life to wage earning life due to urbanization are anticipated to increase
the number of people with high blood pressure which further, is expected to raise
the demand for blood pressure transducer.
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Surging Adoption of Smartphone-based Blood Pressure Transducers
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