Blood Pressure Cuffs Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Blood Pressure Cuffs market is projected to grow with a CAGR of nearly 12.3% over the forecast period. The major factor attributing to the growth of the market is the increase in the prevalence of hypertension globally. According to the World Health Organization, an estimated 1.13 billion people worldwide have hypertension and fewer than 1 in 5 people with hypertension have the problem under control. Hypertension is a major cause of premature death worldwide.One of the global targets for noncommunicable diseases is to reduce the prevalence of hypertension by 25% by 2025. Furthermore, growing demand for the blood pressure monitoring devices is boosting the market growth. However, the threat of infection for reusable Blood Pressure cuffs is the factor that restraints the market growth.
Key Market TrendsDisposable Blood Pressure Cuffs Segment is the Fastest Growing Segment in the Market.The trending growth of the segment is due to the increasing risk factors associated with reusable cuffs. According to Joseph Eldor in a report for Journal of Health Science and Development, 82.1% of blood pressure cuffs examined were contaminated with Staphylococcus aureus, Pseudomonas aeruginosa or Enterococcus faecalis. S. aureus was the most common bacterial isolate, and the bacterial isolates were resistant to the majority of the antibiotics tested. Therefore there is a decrease in usage of reusable cuffs in operating rooms, intensive care units and neonatal units wherein infection control is a major concern.
Some of the other factors propelling the growth of the segment are increasing hypertension patients and increasing demand for blood pressure measuring devices.
North America Dominates the Market and Expected to do Same in the Forecast PeriodNorth America is expected to dominate the overall market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, high prevalence of hypertension in the region, and established healthcare infrastructure. Furthermore, beneficial government initiatives and increase in number of research partnerships are some of the drivers that are expected to increase the market growth. In this region, the United States has the maximum share due to supportive healthcare policies, high number of patients, and a developed healthcare market. According to Centers for Disease Control, In 2017, nearly half a million deaths in the United States included hypertension as a primary or contributing cause. As per the statistics the the increasing patient pool and increasing disposable revenue in this country boosts the market growth of the region.
Competitive LandscapeThe Blood Pressure Cuffs market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Omron Healthcare, Inc., Cardinal Health, GE Healthcare, SunTech Medical Inc., Welch Allyn Inc., Koninklijke Philips N.V., American Diagnostic Corporation, and Spengler SAS, Spacelabs Healthcare among others.
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