MCP-3301: ELECTRONIC HANDHELD BLOOD PRESSURE DEVICES – A GLOBAL STRATEGIC BUSINESS REPORT

Electronic Handheld Blood Pressure Devices Market to Reach $793 Million by 2010, According to New Report by Global Industry Analysts, Inc.

The market for automated blood pressure measurement devices is set for robust growth, driven primarily by rising levels of health awareness among the general population. Increasing healthcare costs are also expected to contribute significantly to the growth of self-care devices such as automated blood pressure devices. By the year 2010, sales of Electronic Handheld Blood Pressure Devices are projected to reach $793 million.

San Jose, California (PRWEB), April 21, 2008 -- Electronic handheld blood pressure devices are automated blood pressure measuring devices used for measuring blood pressure at regular intervals, without causing inconvenience to the individual’s daily routine. Rising healthcare expenditure and rapidly aging population are key factors contributing towards a rise in demand for such devices, particularly in the developed regions of the world. With growing environmental concerns related to the use of mercury-based traditional sphygmomanometers, developed nations have stepped up efforts to replace mercury devices with electronic blood pressure devices.

Rising proportion of overweight population and the growing numbers of elderly people enhance the risk associated with hypertension. The ability to monitor blood pressure levels at home allows patients to effectively manage hypertension. Consequently, the demand for digital blood pressure monitors for home environment is growing rapidly. In addition, advent of devices based on sophisticated technologies has contributed to the augmented demand for such devices globally. However, the inability of electronic blood pressure devices to produce consistent results across a wide range of conditions, ages and blood pressures is a major hindrance to the devices’ widespread adoption among the medical community.

Europe and United States dominate the global electronic handheld blood pressure devices market, accounting for more than 70% share of value sales for 2008, as stated in a recent report published by Global Industry Analysts, Inc.

Asia-Pacific is projected to be the fastest growing regional market, both in volume and value terms. Economic growth, corresponding increase in living standards, and aging population will continue to create a greater demand for better healthcare in the Asia-Pacific region. In Europe, France, Germany, Italy, and United Kingdom account for more than 75% share of the volume sales. Sales from the German electronic handheld blood pressure devices market are projected to reach 1.2 million units by 2010.

Major players profiled in the report include A & D Medical, Forecare Inc, The Lumiscope Company, Inc., Mabis Healthcare, Inc., Nihon Seimitsu Sokki Co., Medisana AG, Mark of Fitness Inc., Medwave Inc, and Omron Healthcare Co., Ltd. The report enumerates recent developments, mergers, acquisitions and other strategic activities of key market participants.

The report titled “Electronic Handheld Blood Pressure Devices: A Global Strategic Business Report” published by Global Industry Analysts, Inc. analyzes the market over the period 2001-2015, while historic analytics provide an overview of the industry’s performance in the past (1991-2000). Geographical markets analyzed in the report include United States, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. The report analyzes the market in terms of both volume and value sales.

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