According to the latest market research study by Technavio, the global blood pressure transducers market is expected to grow at a CAGR of close to 5% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth examination of the global blood pressure transducers market in terms of revenue and emerging market trends. The study also includes an up-to-date analysis and forecasts for numerous market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-users
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The top three revenue contributing end-user segments are discussed below:
Blood pressure transducers market by hospital: The increasing adoption of blood pressure transducers by both high-end and government hospitals is driving the growth of this market segment. The high-end hospital segment is investing to procure the latest technologically advanced versions of blood pressure transducers and are also hiring skilled physicians and technicians to operate these devices.
“The vendors in the global market are focusing on providing technically advanced equipment for increasing their sales and profitability. The government medical insurance and reimbursement plans will encourage general and government hospitals to adopt these new devices to offer superior patient care services,” says Barath Palada, a lead analyst at Technavio for research on medical imaging.
Blood pressure transducers market by clinics: The easy accessibility of clinics to a larger population is increasing the number of these establishments across the globe, which, in turn, is fueling the demand for blood pressure transducers. Some of these clinics are also using third-party laboratory testing support and medical equipment to offer better healthcare services to their patients.
Blood pressure transducers market by ASCs: The growing efforts by the vendors in developing small, compact, and wearable blood pressure transducers will drive the growth of this market segment. The manufacturers are using advanced technologies to develop innovative products which will increase their sales and generate higher revenues.
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The leading vendors operating in the global blood pressure transducers market are:
- Becton, Dickinson, and Company
- MEMSCAP
- Edwards Lifesciences
- ICU Medical
- Utah Medical
- Argon Medical Devices
The other prominent vendors in the market include ADInstruments, B. Braun, Biosensors International, FISO TECHNOLOGIES, Fogg System Company, iWorx Systems, Junken Medical, Medline Industries, Merit Medical Systems, Samba Sensors, and Smiths Medical.
A more detailed analysis is accessible in the Technavio report titled, ‘Global Blood Pressure Transducers Market 2017-2021’. Technavio also customizes reports by additional regions and specific segments upon request.
Other related reports:
- Global Blood Pressure Monitoring Testing Market 2016-2020
- Global Blood Culture Tests Market 2016-2020
- Global Blood Coagulation Analyzer Market 2016-2020
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