Transparency Market Research, a leading provider of the latest market intelligence, has compiled a vast array of data on the medical devices industry over the years. The most recent research effort has been conducted under the title “Electric Handheld BP Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.” All factors that are influencing the global electrical handheld BP devices market have been incorporated in this study.
According to the World Health Organization, in 2008, almost a billion people around the world were suffering from uncontrolled blood pressure issues. This had emerged as a major growth force for the global electrical handheld BP devices market, especially in the technological developments department. As it stands, there is a major need across the world for medical devices that are portable, easy to use, and minimally invasive.
One of the greatest drivers of the global electrical handheld BP devices market currently is the high prevalence of chronic diseases across the world. Blood pressure is one of the most common vitals that need to be regularly checked for patients of chronic diseases and therefore, the global electrical handheld BP devices market is expected to exhibit a high growth rate. Its growth rate will be directly proportional to the number of diagnoses of chronic diseases.
Other drivers of the global electrical handheld BP devices market include the increasing rate of awareness among patients regarding the modern devices available in this market and the various technological developments and innovations. One of the greater innovations is a reduction in the size of several electronic devices, which is making it possible for patients to easily carry the devices around.
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The leading region in terms of consumption as well as research and development efforts in the global electrical handheld BP devices market has been North America. This region is followed by Europe and then Asia Pacific, which is presenting rapid growth. The growth of Asia Pacific can be attributed to the high population density and the growing diagnosis rates of chronic disorders. One of the greatest market opportunities is being presented by the Latin America electrical handheld BP devices market owing to major steps taken by Brazil and Mexico in the healthcare industry.
The list of key players in the global electrical handheld BP devices market includes A & D Medical, Microlife, Mabis Healthcare, Inc., Medisana AG, Braun GmbH, American Diagnostic Corp, Welch Allyn, Omron Healthcare Co., Ltd., and Philips Healthcare.