Global Pressure Monitoring Market by Product (Blood Pressure, Intraocular Pressure, Intracranial Pressure, Pulmonary Pressure) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Global pressure monitoring market was worth USD 6.7 billion in 2016. It is expected to grow steadily over the forecast period. This market is expected to grow at a faster pace due to the rising incidence of cardiac disorders.

Pressure fluctuations are common among people with cardiac disorders. This group is most affected by high blood pressure (BP). Hypertension was responsible for 12.8% of all deaths according to the WHO. A high rate of cardiac diseases is a result of a poor lifestyle. To reduce such a high death rate, it is important to have BP monitoring products that allow for rapid examination.

U.S. Pressure Monitoring Market, By Product, 2014-2025 (USD Million).

A lack of oxygen can lead to respiratory diseases. According to healthcare professionals, oxygen saturation should not be less than 95% of hemoglobin. Low blood oxygen levels can lead to shortness of breath or increased pulse rate. Monitoring oxygen levels in patients' blood is essential to avoid complications. This will drive the market's growth.

In the event of a brain injury, intracranial pressure (ICP), monitoring is crucial. This monitors the pressure in the blood vessels and nervous system to determine if there is any damage to the brain. The test is usually performed in an ICU and uses invasive diagnostic methods.

The National Center for Biotechnology Information, (NCBI) estimates that there were 64.3 million people with glaucoma worldwide in 2013. The demand for intraocular Pressure (IOP) monitors has risen with the increasing number of people suffering from glaucoma. This has accelerated the demand.

The pressure monitoring market is being supported by a growing geriatric population. These people are most likely to have chronic conditions such as heart disease and glaucoma. Hypertension is a common condition in the elderly. As a result, demand for BP monitors will increase due to the increasing need to maintain normal BP levels. It helps accelerate the market's growth.

Product Insights

Due to the increasing prevalence of hypertension and pressure fluctuations, BP monitors held the largest market share in 2016. This has resulted in a huge adoption of BP monitoring devices amongst these groups.

There have been technological advances in the market, such as wearable BP monitors which can be connected with smartphone apps. Philips Healthcare introduced the Upper Arm BP Monitor, which tracks heart rate and BP while connecting to Philips HealthSuite Health.

To prevent pressure fluctuations, patients should monitor their BP regularly. According to the Center for Disease Control and Prevention, hypertension is a condition that affects almost one in three adults in America. The demand for BP monitoring devices will increase due to the high prevalence of hypertension.

Over the forecast period, pulmonary pressure monitoring will experience significant growth. This is due to an increase in the prevalence of respiratory disease and its complications. To determine the oxygen level in the blood, people with respiratory disease need to be diagnosed. This will likely to encourage market growth in the future.

Procedure Insights

Noninvasive procedures accounted for the highest revenue share on the basis of procedure in 2016. This is due to the widespread adoption of noninvasive BP monitors. People prefer noninvasive diagnostics to avoid complications and get quick results.

The noninvasive measurement of pulse rate is the main focus of pulmonary pressure monitors like pulse oximeters or capnographs. Medtronic's Capnostream 35 Portable Respiratory monitor, by Medtronic, allows for noninvasive, real time respiratory status monitoring, including SpO2, respiration rate, pulse rate, and SpO2.

IOP monitors are noninvasive devices that measure fluid pressure within the eye. Tonometers are used to diagnose patients at high risk for glaucoma. Icare Finland Oy's Icare ic100 helps to measure the IOP.

Due to increasing cases of brain injury, the invasive technique segment will see a significant CAGR during the forecast period. ICP monitoring is necessary in such cases to determine the blood vessel pressure to prevent any serious damage to the brain.

Application Insights

Due to rising incidence of cardiac-related diseases, the market share for cardiac disorders was the largest on the basis of their application in 2016. Pressure fluctuations can be caused by cardiac disorders. People with cardiac conditions are often faced with hypertension. This group is likely to be a major market for BP monitoring devices.

The forecast period will see significant growth in respiratory diseases. This is due to an increasing number of respiratory diseases that cause shortness of breath. There is a rising demand for pulse oximeters and capnographs. This will support the growth of this market.

U.S. Pressure Monitoring Market Share, By Application, 2016, (%)

Glaucoma is another segment that has helped accelerate the market's growth. Glaucoma is diagnosed by measuring the eye fluid pressure. The IOP changes throughout the day and at night. It can also change due to various factors like respiration, heart rate and topical medications.

The nervous system might be affected by neurological disorders. A rise in ICP could mean that the patient may suffer from brain tissue damage or ischemic nerve damage. Healthcare professionals often use ICP monitoring to assess the skull's condition in the event of brain injury.

End-use Insights

Hospitals dominated the market on the basis of end use in 2016. This was due to the widespread usage of pressure monitoring devices within hospitals. ICP monitors can be used in hospitals to diagnose neurological complications caused by brain injury. As part of ongoing treatment, healthcare professionals may also use BP monitors or pulmonary pressure monitors.

The introduction of many BP monitors at home will lead to significant growth in home care settings over the forecast period. These advanced devices are convenient for patients to monitor their BP at home.

Due to rising numbers of people suffering from pressure fluctuations, clinics and ambulance surgical centers will also grow at a rapid pace over the forecast period. These people require regular diagnosis, so they visit clinics to have their BP checked regularly.

These devices are also required by ambulance surgical centers during a procedure. These devices are used to assess the patient's condition and allow for complex treatments.

Regional Insights

Due to the increased healthcare spending in the United States and the creation of sophisticated infrastructure, North America was the dominant market in 2016. The market is also supported by the increasing prevalence of heart-related conditions in the U.S.

Europe accounted for a large portion of 2016's total due to its growing geriatric population. Hypertension is one of the most common diseases that affect the geriatric population. This group also has a high incidence of heart disease. Europe is expected to be the main driver of the market's significant growth.

Asia Pacific is expected to experience the greatest growth during the forecast period. This is due to an increasing number of chronic diseases like respiratory and cardiac problems. For those with these diseases, it is important to monitor their blood pressure at regular intervals in order for them to remain healthy.

Market Share Insights - Pressure Monitoring

The market's major players include Philips Healthcare, Welch Allyn, GE Healthcare, Dragerwerk AG & Co. KGaA, Medtronic, Becton, Dickinson and Company, Nonin Medical Inc., A&D Medical, NIHON KOHDEN CORPORATION, Smiths Medical, Icare Finland Oy, Essilor, and NIDEK CO., LTD.

These companies have key strategies that include mergers and acquisitions, product development, and regional expansions. Welch Allyn, for instance, launched Welch Allyn Konnex Spot Monitor in 2015. This device measures vital signs and is used in hospitals & physicians' offices. In 2013, FlexiPort BP cuffs were also launched.

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional, and country levels. It also provides analysis of the most recent trends and opportunities in each sub-segment from 2014 through 2025. Grand View Research has divided the global pressure monitoring market based on product, process, application, end use, region, and country.

• Product Outlook (Revenue USD Million; 2014-2025)

  • BP Monitors/Cardiac Pressure Monitors

    • Device

      • Automated BP Monitoring

      • Monitors for Ambulatory BP

      • Sphygmomanometers

      • BP Transducers

    • Accessories

      • BP Cuffs

      • Manometers

      • Valves and tubings

      • Bulbs

    • Technology

      • Digital

      • Aneroid

  • Monitors of Pulmonary Pressure

    • Device

      • Oximeters

      • Capnographs

      • Spirometers

    • Accessories

      • Flanged mouthpieces

      • Nasal Probes and Plugs

      • Filters

  • Monitors of intraocular pressure

    • Device

    • Accessory

      • Prisms

      • Tip Covers

      • Sensors

  • Intracranial Pressure Monitors

• Procedure Outlook (Revenue USD Million; 2014-2025)

  • Noninvasive

  • Invasive

• App Outlook (Revenue USD Million; 2014-2025)

  • Respiratory Disorders

  • Glaucoma

  • Cardiac Disorders

  • Neurological Disorders

  • Dialysis

  • Other

• End-Use Outlook (Revenue USD Million; 2014-2025)

  • Hospitals

  • Home Care Options

  • Ambulatory Surgical Centers & Clinics

  • Diagnostic Laboratories

  • Other

• Regional Outlook (Revenue USD Million; 2014-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • The U.K.

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa

Up Market Research published a new report titled “Pressure Monitoring Market research report which is segmented by Product (Blood Pressure, Intraocular Pressure, Intracranial Pressure, Pulmonary Pressure), By Players/Companies Dickinson and Company; Nonin Medical Inc; A&D Medical; NIHON KOHDEN CORPORATION; Smiths Medical; Icare Finland Oy; Essilor; and NIDEK CO, Philips Healthcare; Welch Allyn; GE Healthcare; Dr¤gerwerk AG & Co KGaA; Medtronic; Becton, LTD”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Pressure Monitoring Market Report Segments:

The market is segmented by Product (Blood Pressure, Intraocular Pressure, Intracranial Pressure, Pulmonary Pressure).

Pressure Monitoring Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Pressure Monitoring Market

Overview of the regional outlook of the Pressure Monitoring Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Pressure Monitoring Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Pressure Monitoring Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Blood Pressure

                2. Intraocular Pressure

                3. Intracranial Pressure

                4. Pulmonary Pressure

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Pressure Monitoring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Pressure Monitoring Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.