Blood Pressure Transducers Market Revenue and Value Chain 2016-2026
Blood pressure transducers are the devices used to measure arterial and venous blood pressure. It is imperative for blood pressure monitor helps in converting one form of energy into another and provide biological parameters for detection. Blood pressure transducers are small and lightweight devices consisting of a thin flexible metal diaphragm connected to strain gauge through inductive bridge. The pressure transducers are connected to an electrical convertor that converts blood pressure into analog electrical signal and helps in the detection of consistent and accurate blood pressure through amplifier. Blood pressure transducers are slotted base and available with integral Velcro strap helps in easy mounting. In addition, transducers with sensor element and replacement sensors are now available without cable which provides an economical solution for blood pressure detecting application.
Blood Pressure Transducers Market: Drivers & Restraints
Blood pressure transducers is witnessing significant growth owing to increase in the prevalence of low/high blood pressure among aging population, sedentary lifestyle, lack of physical activities and hypertension. Also, it has been observed that above 55 year of age have are prone to high blood pressure owing to food intake containing high cholesterol, alcohol and tobacco consumption are some of the other key factors that expected to propel the growth of blood pressure transducers market in near future. However, high cost associated with technological development, accuracy of device and lack of trained professionals would restraints the blood pressure transducers market.
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Blood Pressure Transducers Market: Segmentation
Blood pressure transducers market is classified on the basis of product, technology and end users.
Based on product type, the blood pressure transducers market is segmented into the following:
- Reusable Transducers
- Disposable Transducers
Based on technology, the blood pressure transducers market is segmented into the following:
Based on end users, the blood pressure transducers market is segmented into following:
- Ambulatory surgical centers
- Diagnostic Laboratories
Blood Pressure Transducers Market: Overview
By product type, reusable transducers are light in weight which uses an extravascular sensor system for the measurement of invasive blood pressure and are highly accurate, rugged which are used with disposable domes. On the other hand, the disposable transducers are preferred more over reusable transducers owing to its availability at low cost, easy to use and helps in reducing hospital acquired infection. Therefore, the demand for disposable transducers is expected to expand during the forecast period. It is estimated that in the U.S. around 7 million people die due to high blood pressure and more than 76 million Americans are diagnosed with high/low blood pressure annually. Thus, hypertension is more prevalent in U.S where rate of occurrence is about 1 in every 3 Americans every year, and a person is three times more prone to cardiovascular disease.
Blood Pressure Transducers Market: Region-wise Outlook
Depending on geographic region, blood pressure transducers market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America held largest share in the global blood pressure transducers market followed by Europe, Japan and Asia Pacific owing to high occurrence of cardiovascular disease suffering from hypertension in U.S. The developing nations in Asia Pacific, Middle East and Africa hold huge potential for growth in the blood pressure transducers market due to increase in the aging population along with large number of untreated and undiagnosed high blood pressure patient, awareness among population, changing in the lifestyle, and increase in the disposable income of individual.
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Blood Pressure Transducers Market: Key Players
Some of the key participating global players in blood pressure transducers market are Covidien plc, Omron Healthcare, GEHealthcare, Inc., Masimo Corporation, Spacelabs Healthcare, Utah Medical products, Inc. and others. The blood pressure transducers market is fragmented with few global players and domestic players.
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