TechNavio recognizes the following companies as the key players in the Global Ambulatory Blood Pressure Monitoring Market: A&D Co. Ltd., Omron Healthcare Co. Ltd., Spacelabs Healthcare Inc., SunTech Medical Inc., and Welch Allyn Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Vendors in the Global Ambulatory Blood Pressure Monitor market are adopting product bundling strategies, where two or more products or services are combined to achieve product differentiation and to provide better product offerings. Moreover, patients prefer such packaged offerings to individual products as they are cost-effective. Thus, vendors are offering cuffs along with blood pressure monitors and other accessories that customers need when monitoring their blood pressure level. Moreover, vendors have started introducing personal testing kits that have blood glucose monitors, blood pressure monitors, thermometers, and pulse oximeters, and these are becoming popular across the globe. This marketing strategy has helped several vendors gain a competitive advantage over other vendors. This trend is expected to have a strong impact on the market in the future.”
According to the report, the growth of the Global Ambulatory Blood Pressure Monitor market is driven by several factors, the most important of which is the increase in the patient population suffering from high/low blood pressure across the globe. The increase in the incidence rate and prevalence of patients suffering from high/low blood pressure across various age groups is increasing the need for blood pressure monitors. Owing to regular use of blood pressure monitors, patients are able to regulate their diet and avoid further complications through timely checks of their blood pressure level.
Further, the report states that one of the major challenges is the increased competition among the leading vendors, which is resulting in increased price pressure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-ambulatory-blood-pressure-monitor…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global Ambulatory Blood Pressure Monitoring Market 2012-2016
