Published on : Jun 07, 2016
Hypertension refers to a chronic condition and is a cause of death worldwide. Risks of stroke, heart attack, and kidney failure will rise owing to the increasing blood pressure of individuals. The soaring aging population, the rising levels of stress, the absence of physical activity, and the increasing sedentary lifestyles have resulted in the increasing count of individuals having hypertension. Hence, blood pressure monitoring devices are employed for understanding the risks related to blood pressure and aid in effective measurement, monitoring, and condition management.
The future outlook of the market for blood pressure monitoring devices has been summarized as under:
For instance, as per the CDC, approximately 70 mn of American citizens have high blood pressure, which comes out to be approximately 29% of the population in the U.S. or one out of three American adults. Amongst these individuals, only about 50% have their blood pressure in control. This is why, the U.S. alone expends approximately US$46 bn on the numerous blood pressure treatment industries and treatments per annum. This trend will continue in the coming years too thus fuelling the overall market for blood pressure monitoring devices.
Thus, there is a positive outlook for this market in the coming years. However, a number of unfavorable polices globally may impede the growth of the market in the coming years.