According to the current analysis of Reports and Data, the global Disposable Blood Pressure Cuffs market was valued at USD 142.8 million in 2018 and is expected to reach USD 391.5 million by year 2026, at a CAGR of 13.4%. Disposable Blood Pressure cuffs are increasingly adopted by hospitals and clinics due to the high incidence of Hospital Acquired Infections (HAIs). The single-patient one-time use of blood pressure cuffs is designed specially to avoid cross-contamination. Several Disposable BP cuffs have been developed to meet the varying needs of patients and medical facilities.
High incidence of hypertension among adults and pediatrics, obesity, sedentary lifestyle, and aging demographics are some of the key factors propelling market growth. According to the World Health Organization (WHO), beyond 39% of adults aged 18 years and over are overweight, and more than 40 million children under the age of 5 are obese. It is the most prevalent medical condition, and it is one of the primary reasons for hypertension, increasing the prevalence of overweight and obesity is expected to grow the demand for disposable BP cuffs.
Market Overview:
The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.
Some key highlights of the report:
- Disposable Blood Pressure Cuffs market is growing at a CAGR of 1% in Asia Pacific followed by North America and Europe, with 13.3 % and 13.1% CAGR, respectively. High prevalence of hypertension across the globe is the key factor to accelerate the market growth during forecast period across all regions
- As of 2018, Healthcare settings is the dominating Disposable Blood Pressure Cuffs which holds 42.7% of the global market. North American regional market is the chief revenue generating source for this product segment, followed by Europe and Asia-Pacific regions
- Homecare settings is expected to be the fastest growing market segment during forecast period 2019-2026 with a CAGR of 14.1%.
- Adult Disposable BP Cuffs product type segment was valued at USD 55.4 million and is expected reach USD 149.8 million by 2026
- Asia Pacific is expected to account for the 24.8% of the global Disposable Blood Pressure Cuffs market. Developing nations such China, and India are likely to witness high growth
- Europe is the second largest region in terms of revenue generation after North America and was valued at USD 44.6 Million in 2018
- Associated side effects related to Disposable Blood Pressure Cuffs and lack of favourable reimbursement policies globally
Key Players covered in this report are
Conmed, GE Healthcare, Cardinal Health, Koninklijke Philips N.V., Microlife AG, Welch Allyn Inc., SunTech Medical Inc., Spacelabs Healthcare Inc., American Diagnostic Corporation, Omron Healthcare Inc., Briggs Healthcare
Product Type (Revenue, USD Million; 2016–2026)
- Neonatal Disposable Blood Pressure Cuffs
- Pediatric Disposable Blood Pressure Cuffs
- Adult Disposable Blood Pressure Cuffs
End Use (Revenue, USD Million; 2016–2026)
- Healthcare Centers
- Homecare settings
- Academic and Research institutions
Key Regional Markets Studied in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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