The size of the Asia-Pacific Pressure Monitoring Devices Market is estimated to be worth USD 1544.36 million by 2026 from USD 1127.20 million in 2021, growing at a CAGR of 6.50% during the forecast period.
Patients' blood pressure, intracranial pressure, pulmonary pressure, intraocular pressure, and other parameters are monitored using pressure monitoring equipment. These blood pressure monitors measure blood pressure automatically and keep track of the information in real-time.
The pressure monitoring devices market in the APAC region is expected to be driven by the proliferation of chronic and acute diseases, rising incidences of obesity, and a sedentary lifestyle. The other factors such as changing lifestyles, urbanization, and increasing pollution level are majorly attributing the market growth in the Asia pacific. In addition, the increasing geriatric population is more prone to various diseases; therefore, the growing geriatric population in the region is accelerating the market growth during the forecast period.
Also, the technological advancements in the healthcare sector in emerging countries such as China and India are contributing the market expansion. In addition, major companies in the region are introducing advanced pressure monitoring devices, which are likely to accelerate the market's growth rate.
Furthermore, advantageous reimbursement schemes in the region make it much easier for new market participants to enter the market, and promoting home monitoring is expected to boost the market growth.
Over the recent period, the demand for blood pressure monitoring devices market has been rapidly increased. Blood pressure measurement is one of the most commonly performed diagnostic procedures in the APAC region, and it shows the heart's pumping efficiency, blood volume change, and peripheral vascular resistance. Depending on the setup, a blood pressure monitoring device monitors blood pressure non-invasively and shows numerical data.
However, due to a shortage of experienced specialists in resolving system failure in real-time applications, the market's growth is being slowed. Another issue impeding market expansion is a lack of standardization.
This research report on the APAC pressure monitoring devices market has been segmented and sub-segmented into the following categories:
By Product Type:
By Procedure:
By Therapeutic Application:
By Usability:
By End Users:
By Country:
Geographically, the APAC pressure monitoring market is anticipated to witness a significant share during the forecast period. The factors such as the rising prevalence of hypertension due to changing lifestyles and the increasing geriatric population, and high risk of lifestyle coupled disorders amongst a wide population due to the growing incidences of obesity and sedentary lifestyle are also enhancing the market's growth. Also, Government initiatives, such as public blood pressure monitoring programs to raise public awareness and maintain the database produced by remotely operated BP monitors, is projected to boost growth even further throughout the forecast period. Furthermore, the rapid increase in the new product launches is also one of the significant factors fueling the APAC pressure monitoring devices market. In addition, however, changing lifestyles in developed nations such as China, India, and Japan leads to an increase in the incidence of hypertension, which is projected to boost market growth.
Currently, the Chinese pressure monitoring devices market is dominating the APAC market due to developed healthcare infrastructure and market players. However, India is expected to grow the fastest owing to its increasing disposable income, increasing R&D expenditure, and advancements in healthcare facilities.
KEY MARKET PLAYERS:
A few of the notable companies operating in the APAC pressure monitoring devices market profiled in this report are Philips Healthcare, GE Healthcare, Medtronic PLC, Drägerwerk Ag & Co. KGAA, Welch Allyn, Becton, Dickinson and Company, Nihon Kohden Corporation, Nonin Medical Inc., Smiths Medical and A and D Medical.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product Type
5.1.1 Introduction
5.1.2 Blood Pressure Monitors
5.1.2.1 By Type
5.1.2.1.1 Sphygmomanometers
5.1.2.1.2 Blood Pressure Transducers
5.1.2.1.3 Ambulatory Blood Pressure Monitors
5.1.2.1.4 Automated Blood Pressure Monitors
5.1.2.2 By Technology
5.1.2.2.1 Digital Blood Pressure Monitors
5.1.2.2.2 Aneroid Blood Pressure Monitors
5.1.2.2.3 Wearable Blood Pressure Monitors
5.1.3 Intraocular Pressure Monitoring
5.1.4 Pulmonary Pressure Monitoring
5.1.4.1 Oximeters
5.1.4.2 Capnographs
5.1.4.3 Spirometers
5.1.5 Intracranial Pressure (ICP) Monitoring
5.1.6 Others
5.1.7 Y-o-Y Growth Analysis, By Product Type
5.1.8 Market Attractiveness Analysis, By Product Type
5.1.9 Market Share Analysis, By Product Type
5.2 Procedure
5.2.1 Introduction
5.2.2 Invasive
5.2.3 Non Invasive
5.2.4 Y-o-Y Growth Analysis, By Procedure
5.2.5 Market Attractiveness Analysis, By Procedure
5.2.6 Market Share Analysis, By Procedure
5.3 Therapeutic Application
5.3.1 Introduction
5.3.2 Respiratory Disorders
5.3.3 Glaucoma
5.3.4 Cardiac Diseases
5.3.5 Neurological Disorders
5.3.6 Dialysis
5.3.7 Other Therapeutic Applications
5.3.8 Y-o-Y Growth Analysis, By Therapeutic Application
5.3.9 Market Attractiveness Analysis, By Therapeutic Application
5.3.10 Market Share Analysis, By Therapeutic Application
5.4 Usability
5.4.1 Introduction
5.4.2 Disposable
5.4.3 Reusable
5.4.4 Y-o-Y Growth Analysis, By Usability
5.4.5 Market Attractiveness Analysis, By Usability
5.4.6 Market Share Analysis, By Usability
5.5 End Users
5.5.1 Introduction
5.5.2 Cancer
5.5.3 CardiovascularDisorders
5.5.4 Neurological Disorders
5.5.5 Immunological Disorders
5.5.6 Other Diseases
5.5.7 Y-o-Y Growth Analysis, By End Users
5.5.8 Market Attractiveness Analysis, By End Users
5.5.9 Market Share Analysis, By End Users
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product Type
6.1.3.3 By Procedure
6.1.3.4 By Therapeutic Application
6.1.3.5 By Usability
6.1.3.6 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product Type
6.1.4.3 By Procedure
6.1.4.4 By Therapeutic Application
6.1.4.5 By Usability
6.1.4.6 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product Type
6.1.5.3 By Procedure
6.1.5.4 By Therapeutic Application
6.1.5.5 By Usability
6.1.5.6 By End User
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Philips Healthcare
8.1.1 Overview
8.1.2 Product Type Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 GE Healthcare
8.3 Medtronic PLC
8.4 Drägerwerk Ag & Co. KGAA
8.5 Welch Allyn
8.6 Becton, Dickinson and Company
8.7 Nihon Kohden Corporation
8.8 Nonin Medical Inc.
8.9 Smiths Medical
8.10 A&D Medical
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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