Blood Pressure Transducer Market Report: Trends, Forecast and Competitive Analysis to 2030
Blood Pressure Transducer Trends and Forecast
The future of the global blood pressure transducer market looks promising with opportunities in the hospital, specialty clinic, and ambulatory surgical center markets. The global blood pressure transducer market is expected to reach and estimated $1.3 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increasing prevalence of hypertension, growing demand for home blood pressure monitoring, along with the advancements in technology, and increase in the number of elderly people with low or high blood pressure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Blood Pressure Transducer by Segment
The study includes a forecast for the global blood pressure transducer by type, procedure, technology, end use, and region.
Blood Pressure Transducer Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Blood Pressure Transducer Market by Procedure [Shipment Analysis by Value from 2018 to 2030]:
Blood Pressure Transducer Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
- Digital
- Wearable
- Aneroid
- Others
Blood Pressure Transducer Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Others
Blood Pressure Transducer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Blood Pressure Transducer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blood pressure transducer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blood pressure transducer companies profiled in this report include-
- B. Braun Melsungen
- BIOPAC Systems
- Edwards Lifesciences
- Harvard Bioscience
- ICU Medical
- Koninklijke Philips
- Merit Medical Systems
Blood Pressure Transducer Market Insights
Lucintel forecasts that reusable transducers is expected to witness highest growth over the forecast period.
North America will remain the largest region over the forecast period due to rising awareness among people about health care and development of latest technologies in the region.
Features of the Global Blood Pressure Transducer Market
Market Size Estimates: Blood pressure transducer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Blood pressure transducer market size by type, procedure, technology, end use, and region in terms of value ($B).
Regional Analysis: Blood pressure transducer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, procedure, technology, end use, and regions for the blood pressure transducer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the blood pressure transducer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the market size forecast for blood pressure transducer market?
Answer: The global blood pressure transducer market is expected to reach $1.3 billion from 2024 to 2030.
Q2. What is the growth forecast for blood pressure transducer market?
Answer: The global blood pressure transducer market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the blood pressure transducer market?
Answer: The major drivers for this market are increasing prevalence of hypertension, growing demand for home blood pressure monitoring, along with the advancements in technology, and increase in the number of elderly people with low or high blood pressure.
Q4. What are the major segments for blood pressure transducer market?
Answer: The future of the global blood pressure transducer market looks promising with opportunities in the hospital, specialty clinic, and ambulatory surgical center markets.
Q5. Who are the key blood pressure transducer market companies?
Answer: Some of the key blood pressure transducer companies are as follows:
- B. Braun Melsungen
- BIOPAC Systems
- Edwards Lifesciences
- Harvard Bioscience
- ICU Medical
- Koninklijke Philips
- Merit Medical Systems
Q6. Which blood pressure transducer market segment will be the largest in future?
Answer: Lucintel forecasts that reusable transducers is expected to witness highest growth over the forecast period.
Q7. In blood pressure transducer market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising awareness among people about health care and development of latest technologies in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the blood pressure transducer market by type (disposable and reusable), procedure (invasive and non-invasive), technology (digital, wearable, aneroid, and others), end use (hospitals, specialty clinics, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?