Global blood pressure monitors manufacturers | 2021 Global Healthcare Industry Analysis To 2028, is latest report on Global Health Insurance Industry, published by Fortune Business Insights. According to this report Global Digital Blood Pressure Monitors Market Size to rise at healthy Compound Annual Growth Rate By Product Type (Arm Type & Wrist Type), End User (Hospitals, Ambulatory Surgical Centers & Clinics, Homecare Settings & Others) and Regional Forecast, 2018 – 2025
Various companies operating in the global Digital Blood Pressure Monitors Market Size are
- American Diagnostic Corporation
- Welch Allyn
- Koninklijke Philips N.V.
- Nihon Kohden Corporation
- GE Healthcare
- Smiths Group
- Masimo Corporation
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Omron to Expand its Operations Across Regions to Gain Higher Share
The global digital blood pressure monitor market is expanding and witnessing entry of new players. At present Omron Health is leading the global market and is anticipated to lead during the forecast period as well. The growth witnessed is attributable to organization’s strong brand presence and diverse product portfolio. This is expected to increase the growth rate in market. Some of the organizations operating in the global digital blood pressure monitor market are American Diagnostic Corporation, Welch Allyn, Koninklijke Philips N.V., Nihon Kohden Corporation, GE Healthcare, Smiths Group, and Masimo Corporation.
Digital Blood Pressure Monitors Market Size Analysis 2021:
The global Digital Blood Pressure Monitors Market Size size is projected to rise remarkably on account of the increasing number of chronic and acute diseases and the advent of technologically advanced procedures to diagnose them. Health Insurance is an imaging scanner intensifier used for intraoperative imaging in surgical, orthopaedic, or emergency diagnostic procedures owing to its radiographic abilities.
The increasing number of chronic and acute diseases requiring imaging procedures is a crucial factor propelling the Digital Blood Pressure Monitors Market Size growth. This, coupled with a rise in the demand for minimally invasive procedures, is also expected to aid in the expansion of the market. Also, the advent of artificial intelligence in radiology for assisting the discovery of genomic markers will boost the market growth in the coming years.
On the contrary, factors such as high cost of Digital Blood Pressure Monitors Market Size instruments may pose a significant hindrance to the market in the coming years. Nevertheless, they have a wide variety of applications such as urology, vascular, neurovascular, spinal surgery, and others. The increasing demand for Health Insurance imaging system from the applications listed above is likely to create lucrative growth opportunities for the market in the coming years.
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Digital Blood Pressure Monitors Market Size is likely to rise at a CAGR of 4.6% and reach USD 2,453.3 million by the end of 2027 from a revenue of USD 1,708.1 million generated in the year 2019. The forecast period is set between 2020 to 2027.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.