Pressure Monitoring Industry Forecast and Size Analysis 2019-2025
Global Pressure Monitoring Industry was valued at USD 7 Billion in the year 2017. Global Pressure Monitoring Industry is further estimated to grow at a CAGR of 5.9% from 2019 to reach USD 11.10 Billion by the year 2025. The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At a country level, U.S, U.K. and China is projected to grow strongly in the coming years due to high rate of investment by R&D. The Global Pressure Monitoring Industry is segmented as By-Product type, Therapeutic Application, End User, Procedure, and Region. The Product type is divided into blood pressure monitors, intraocular pressure monitoring, pulmonary pressure monitoring, and pulmonary pressure monitoring accessories and by usability in which the blood pressure monitors contributes to the highest Industry share due to increasing prevalence of hypertension, increasing use of non-invasive devices and patient compliance. Major market players in Pressure Monitoring Industry are Philips Healthcare, GE Healthcare, Medtronic PLC are some of the key players in the Global Pressure Monitoring Industry. Rising research and development expenses cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
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SWOT Analysis of Pressure Monitoring Industry: Strength: Increasing prevalence of chronic diseases
Weakness: Lack of trained professionals Opportunities: Technological advancements New product launches Threats: Intense competition among the producers.
The Therapeutic Application segment is divided into respiratory disorders, glaucoma, cardiac disorders, neurological disorders, dialysis and other therapeutic applications in which cardiac disorders hold the highest share in the Industry due to increasing prevalence of heart-related diseases. Pressure Monitoring Industry Segmentation: By Therapeutic Application • Respiratory Disorders • Glaucoma • Cardiac Disorders • Neurological Disorders • Dialysis • Other Therapeutic Applications By Product type • Blood Pressure Monitors • Intraocular Pressure Monitoring • Pulmonary Pressure Monitoring • Pulmonary Pressure Monitoring Accessories
By Procedure • Non Invasive • Invasive
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By End User • Hospitals • Home Care Settings • Ambulatory Surgical Centers/Clinics • Diagnostic Laboratories • Other End Users By Region North America • USA • Canada Europe • Germany • U.K. • France • Italy • Rest of Europe APAC • China
• India • Japan • Rest of Asia-Pacific RoW • Latin America • Middle East & Africa
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Table of Content 1. Introduction 1.1 Industry Vision 1.2 Limitations 1.3 Stakeholders 2. Research Methodology 2.1. Research Process 2.1.1. Secondary Research 2.1.1.1. Key Data from Secondary Research 2.1.2. Primary Research 2.1.2.1. Key Data from Primary Research 2.1.2.2. Breakdowns of Primary Interviews 2.2. Industry Size Estimation 2.2.1. Bottoms-Up Approach 2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process 2.3. Data Triangulation 2.4. Research Assumptions 2.4.1. Assumption 3. Executive Summary 11. Company Profiles 11.1 Philips Healthcare 11.1.1 Company Overview 11.1.2 Financial Overview 11.1.3 Product Overview 11.1.4 Current Development 11.2 GE Healthcare 11.3 Medtronic PLC 11.4 Drägerwerk Ag & Co. KGAA 11.5 Welch Allyn 11.6 Becton, Dickinson and Company 11.7 Nihon Kohden Corporation 11.8 Nonin Medical Inc. 11.9 Smiths Medical 11.10 A&D Medical 12. Competitive Analysis 12. Introduction 11.2. Industry Positioning of Key Players 11.3 Competitive Strategies Adopted by Leading Players 12.3.1. Investments & Expansions
12.3.2. New Product Launches 11.3.3. Mergers & Acquisitions 11.3.4. Agreements, Joint Ventures, and Partnerships
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