Global Blood Pressure Transducers Market 2018-2022| Increasing Prevalence of Hypertension due to Sedentary Lifestyle to Boost Demand| Technavio

LONDON--(BUSINESS WIRE)-- Technavio analysts forecast the global blood pressure transducers market to have an incremental growth of over $74 million during the forecast period, according to their latest market research report. The growth momentum of the market is expected to accelerate in the year-over-year growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181122005081/en/

Technavio analysts forecast the global blood pressure transducers market to have an incremental growth of over $74 million by 2022. (Photo: Business Wire)

Growing adoption of product bundling strategy by vendors is one of the major trends being witnessed in the global blood pressure transducers market 2018-2022. Product bundling is a strategy followed by companies that involve combining multiple products into one packaged product and sold as a single solution to customers. This strategy is increasingly gaining popularity as companies try to decrease expenses such as acquisition-related costs. This strategy provides increased product offerings and ensures product differentiation and, helps vendors to raise their overall sales volumes and increase their gross profit margins.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to the growth of the global blood pressure transducers market is the increasing prevalence of hypertension due to sedentary lifestyle:

Global blood pressure transducers market: Increasing prevalence of hypertension due to sedentary lifestyle

Elevated levels of BP could be due to habits of sedentary lifestyle that include minimal exercise, obesity, substance abuse such as addiction to alcohol and smoking tobacco, and other risk factors like increased levels of stress, diabetes, and prehypertension. Underdiagnosed and uncontrolled hypertension can be life-threatening and can cause diseases such as stroke, heart attack, and renal failure. As hypertension rarely has symptoms, it is often neglected and remains undiagnosed. The global increase in the obese and diabetes population due to sedentary lifestyles is increasing the prevalence of hypertension. Thus, the demand for early diagnosis and prevention of hypertension is driving the growth of the global BP transducers market.

According to a senior analyst at Technavio, “Globally four out of every 10 adults who are 25 years and above have elevated BP. As of 2017, the global prevalence of hypertension is estimated to be between 1 billion to 1.5 billion and is expected to increase by more than double by 2025. According to CDC, in 2016, 70 million individuals in the US have hypertension and 13 million adults with hypertension are not aware of their condition due to lack of awareness. Also, according to Eurostat, in 2014, 20% of men and 22% of the women aged 15 years and above reported that they had high BP in the EU.”

Global blood pressure transducers market: Segmentation analysis

The global blood pressure transducers market research report provides market segmentation by product (disposable BP transducers and reusable BP transducers) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2017, accounting for more than 42% share. It was followed by EMEA and APAC respectively. The dominance of the Americas can be attributed to the increasing prevalence of hypertension due to sedentary lifestyle and increasing focus on preventive care.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181122005081/en/