Blood pressure monitoring alongside multiple sensor data fusion techniques are vital for diagnosis in extreme conditions and critical situations, in which the diagnosis of inherently interlinked signals is needed. The application of the blood pressure monitoring devices include intensive care units, battlefield medical facility, and outer-space operations. These devices neglects possibilities of misinterpretation of data responsible for raising false alarms and offer high degree of precision in its results with the help of data aggregation and fusion.
The blood pressure monitoring device industry is broadly categorized into five major segments based on the product type such as sphygmomanometer, automated blood pressure monitor, ambulatory blood pressure monitor, blood pressure transducers and blood pressure instrument accessories. The sphygmomanometer is considered as one of the fastest growing segment in the blood pressure monitoring devices market with substantial revenue generation in the last few years.
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Growing popularity of the segment is attributed to the sphygmomanometer their broad range of applications and associated benefits. The automated blood pressure monitor segment has also witnessed substantial growth owing to the growing demand for faster & accurate diagnostics and the need for preventive treatments.
The blood pressure monitoring devices industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in healthcare sector, increase in the number of research & development activities in the region and existence of well-established medical facilities in the region.
Asia-Pacific region is predicted to hold major market share in the blood pressure monitoring device market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing healthcare expenditure, growing awareness among general population, rising disposable income, and significant investment by leading industry players considering potential growth opportunities in the region.
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