The size of the Blood Pressure Monitoring Device Market in Europe was worth 1038.68 Million in 2019 and estimated to be growing at a CAGR of 6.26%, to reach 1406.83 Million by 2024.
Europe Blood Pressure Monitoring Device Market has held a share of around 35% of the global blood pressure monitoring devices market in 2018. Standardization of the accuracy and safety of blood pressure monitoring devices by the European Union has increased the acceptance of monitoring devices among the masses, thereby driving demand for these devices in the region. The home end-user segment holds the largest share in the European market. Factors driving the home end-user segment include the growing trend in-home health care. Germany is the largest market in Europe followed by France, Italy, and Spain. In these countries public healthcare is free, a national health plan is provided that is universal and provides minimal or free medical coverage for citizens.
Blood pressure monitoring devices can help monitor the blood pressure and diagnose the onset of various cardiovascular disorders such as heart failure, stroke, coronary artery disease, and peripheral vascular disease, which result in the high number of deaths worldwide. Hypertension is the most common cardiac disease people are suffering from which can lead to death if prolonged for many years.
A rise in hypertension, obesity, and depression cases worldwide leads to the demand for ambulatory blood pressure monitors. People can opt for devices such as digital, portable, and easy-to-use ambulatory blood pressure monitors that allow better diagnosis and management of hypertension from the comfort of their homes.
Europe Blood Pressure Monitoring Device Market is broadly categorized by Type into Automated BP Monitors, Ambulatory BP Monitors, Sphygmomanometers, BP Transducers, and BP instruments accessories. In terms of revenue share, the sphygmomanometer segment dominated the product type and is expected to show lucrative growth over the forecast period. Further Sphygmomanometers is subdivided into Mercury, Aneroid, Digital categories.
This research report segmented and sub-segmented into the following categories:
Companies like GE Healthcare, Welch Allyn, A&D Medical Inc., SunTech Medical, Rossmax International Ltd, Spacelabs Healthcare Inc. Panasonic Corporation, Philips Healthcare, Contec Medical Systems Co. Ltd, Omron Healthcare and Microlife AG are playing a leading role in the Europe Blood Pressure Monitoring Device Market
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 New Developments
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 By Type
5.1.1 Automated BP Monitors
5.1.2 Ambulatory BP Monitors
5.1.3 Sphygmomanometers
5.1.3.1 Mercury
5.1.3.2 Aneroid
5.1.3.3 Digital
5.1.4 BP Transducers
5.1.5 BP instruments accessories
6. Geographical Analysis
6.1 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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 GE Healthcare
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Welch Allyn
8.3 A&D Medical Inc
8.4 SunTech Medical
8.5 Rossmax International Ltd
8.6 Spacelabs Healthcare Inc
8.7 Panasonic Corporation
8.8 Philips Healthcare
8.9 Contec Medical Systems Co. Ltd
8.10 Omron Healthcare
8.11 Microlife AG
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.Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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