ASEAN Blood Pressure Monitoring Devices Market by Product (Aneroid BP Monitors, Digital BP Monitors, and Ambulatory BP Monitors) and Country (Malaysia, Indonesia, Philippines, Vietnam, Thailand and Rest of ASEAN Countries): Opportunity Analysis and Industry Forecast, 2018 - 2025
New York, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "ASEAN Blood Pressure Monitoring Devices Market by Product and Country: Opportunity Analysis and Industry Forecast, 2018 - 2025" - https://www.reportlinker.com/p05698734/?utm_source=GNW
ASEAN Blood Pressure Monitoring Devices Market Overview:
The ASEAN blood pressure monitoring devices market was valued at $31.5 million in 2017 and is expected to reach $53.3 million by 2025, registering a CAGR of 6.8% from 2018 to 2025. In terms of volume, the ambulatory BP monitors segment is expected to register the highest CAGR of 7.9% from 2018 to 2025.
Blood pressure is considered as one of the main risk factors for chronic heart diseases. Blood pressure monitoring devices are used to track a patient’s blood pressure prior to or during patient care. Technological advancements in the field of medical devices and ban on use of mercury-based BP monitors in the developed economies have fueled the development of digital BP monitors and ambulatory BP monitors. Advanced BP monitors allow the patient to easily monitor the blood pressure at home, or at the site of medical emergency.
Factors such as increase in geriatric population, rise in inclination toward home monitoring, and surge in prevalence of chronic diseases, such as cardiovascular disorders and obesity, drive the market in ASEAN countries. In addition, rise in the aging population, sedentary lifestyles, and emergence of advanced technologies also contribute to the growth of the market. However, lack of awareness regarding hypertension among patients in ASEAN countries is expected to hamper the market growth.
The ASEAN blood pressure monitoring devices market is segmented based on product and country. Based on product, the market is divided into aneroid BP monitors, digital BP monitors and ambulatory BP monitors. The ambulatory BP monitors segment is expected to register the highest CAGR of 6.9% (in terms of volume) from 2018 to 2025. By region, it is analyzed across Malaysia, Thailand, Vietnam, Philippines, Indonesia, and rest of ASEAN countries.
Key Benefits for ASEAN Blood Pressure Monitoring Devices Market:
The study provides an in-depth analysis of the ASEAN blood pressure monitoring devices market along with the current trends and future estimations to elucidate the imminent investment pockets.
A comprehensive analysis of the factors that drive and restrict the market growth is provided.
A comprehensive quantitative analysis of the industry is provided from 2018 to 2025 to assist stakeholders to capitalize on the prevailing market opportunities.
An extensive analysis of the key segments of the industry helps understand the trends in the ASEAN blood pressure monitoring devices market.
Key players and their strategies are provided to understand the competitive outlook of the industry.
ASEAN Blood Pressure Monitoring Devices Key Market Segments:
Digital BP Monitors
Ambulatory BP Monitoring Devices
George Town of Penang
Rest of Malaysia
Rest of Indonesia
Rest of Thailand
Rest of Philippines
Ho Chi Minh City
Rest of Vietnam
Rest of ASEAN Countries
Key Market Players
A&D company, limited
Contec medical systems Co. ltd.
Hill rom holdings, Inc
Koninklijke Philips N.V.
Nihon Kohden corporation
Smiths Group Plc
The other players in the value chain include:
Rossmax International Ltd
Spacelabs Healthcare Inc.
Read the full report: https://www.reportlinker.com/p05698734/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
CONTACT: Clare: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001