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Estimates state that global sphygmomanometer market size will reach over USD 2.9 billion with regards to annual remunerations by 2026. Sphygmomanometer products can be bifurcated into mercury, aneroid, and digital sphygmomanometers. On comparison, aneroid sphygmomanometers are affordable as well as easy to use and are highly preferred among medical students.
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KeyInsights Sphygmomanometer Market : • Estimates state that global sphygmomanometer market size will reach over USD 2.9 billion with regards to annual remunerations by 2026. Sphygmomanometer products can be bifurcated into mercury, aneroid, and digital sphygmomanometers. On comparison, aneroid sphygmomanometers are affordable as well as easy to use and are highly preferred among medical students. • Hypertension or high blood pressure can be termed as a serious medical state that considerably elevates the risk of diseases. Nearly one billion people across the globe suffer from hypertension with over two-third of this population residing in developing economies. The recurrence of the diseases, as well as hike in the geriatric population will significantly impact product deployment in the coming years.
Continued… • Growing burden of cardiovascular diseases (CVD) in healthcare facilities will impact sphygmomanometer market outlook through 2026. World Health Organization (WHO) disclosed that CVD is among the most dominating mortality factors and registers almost 18 million deaths annually. Constant prevalence of hypertension and changing lifestyles in addition to smoking and unhealthy dietary habits worldwide will urge the adoption of sphygmomanometers. • Revenues from aneroid sphygmomanometer segment was estimated at USD 618 million in 2019 and are likely to stir owing to rapid access to quick and easy blood pressure readings. Based on mode of operation, the device can be segmented as manual, electric, automatic, and semi-automatic components.
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Major Companies Sphygmomanometer Market : • Acoma Medical • Hill-Rom Services Inc • CIGA Healthcare • American Diagnostic Corporation • Microlife Corporation
Regional Sphygmomanometer Market : • Globally, Germany led the Europe sphygmomanometers industry share in 2019, accumulating more than 16% yearly revenues and is likely to expand over 2026 due to an extending geriatric population. There is also a rise in installation investments for effective and accurate blood pressure monitors in this geography. Standardization initiatives by the European Union for the accuracy and safety of sphygmomanometers will lead to higher demand and deployment of monitoring devices among regional masses through and post the coronavirus pandemic.
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