Sphygmomanometers market. Sphygmomanometer, also called blood pressure meter, blood pressure monitor, or blood pressure gauge, is an instrument for measuring arterial blood pressure.
The Sphygmomanometers industry concentration is relatively high; there are many big manufacturers in the world, and above 80% are produced in China.
There are many international companies set up factories in China either, such as Omron whose plant is located in Dalian city, Liaoning province.
The key consumption markets locate at developed countries. The Europe takes the market share of 24.7%, followed by China with 23.35%. We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.
In the international market, the marketing channels characteristic differ from company to company.
The international leading companies prefer taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position.
Companies in developing countries such as China, in contrast, put more effort on direct selling business. They can act as exports at the same time, and it is a common phenomenon in this industry. At the same time, they take a lot of OEM and ODM order.
Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the giant companies prefer educating the market of them.
According to this study, over the next five years the Sphygmomanometers market will register a 7.5% CAGR in terms of revenue, the global market size will reach US$ 2740 million by 2024, from US$ 1910 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sphygmomanometers business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sphygmomanometers market by product type, application, key manufacturers and key regions and countries.
This study considers the Sphygmomanometers value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mercury Sphygmomanometers
Aneroid Sphygmomanometers
Digital Sphygmomanometers
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospital
Clinic
Family
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Omron
A&D Medical
Yuwell
Andon
Microlife
Health & Life
Rossmax
SunTech Medical
Welch Allyn
American Diagnostic
Beurer
Bosch + Sohn
Briggs Healthcare
Medisana
Citizen
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sphygmomanometers consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sphygmomanometers market by identifying its various subsegments.
Focuses on the key global Sphygmomanometers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sphygmomanometers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sphygmomanometers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Sphygmomanometers . Industry analysis & Market Report on Sphygmomanometers is a syndicated market report, published as Global Sphygmomanometers Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Sphygmomanometers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.