The size of the Blood Pressure Monitoring Device Market in Latin America was worth 404.09 Million in 2019 and estimated to be growing at a CAGR of 8.34%, to reach 603.03 Million by 2024.
Blood Pressure monitoring is the process of monitoring blood pressure in the heart, brain, blood, eyes, and other parts of the body. Blood Pressure monitoring plays an important role in detecting a wide range of health problems. Major fluctuations of pressure in vital areas of the body might be an indication of chronic and acute diseases, such as diabetes, cardiac arrest, and glaucoma.
The growth of the Latin America pressure monitoring market is attributed to the rising incidences of hypertension in the aging population, increasing home care settings, and technological advancements. The rise in respiratory disorders, an increase in the number of the smoking population, and exposure to dust and other chemicals in workplaces are the key factors propelling the growth of the pulmonary pressure monitors segment.
Technological advancements in the field of blood pressure monitoring and the growing use of pressure monitors in hospitals and clinics have contributed to the increasing demand for pressure monitoring devices. Demand for personalized & portable devices for monitoring is also fuelling the market growth. On the other hand, the high cost of equipment, economic slowdown, and inadequate product knowledge are some of the restraints inhibiting the growth of this market.
This research report segmented and sub-segmented into the following categories:
Prominent companies dominating the LATAM Blood Pressure Monitoring Device Market profiled in this report are 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.
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 Brazil
6.3 Mexico
6.4 Rest of Latin America
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
Related Reports
