Pressure Monitoring Market 2031: Share and Forecast
The Pressure Monitoring Market is expected to register a CAGR of 6.8% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Product (Blood Pressure Monitors, Pulmonary Pressure Monitors, Intracranial Pressure Monitors, Intraocular Pressure Monitors, Accessories, and Other Pressure Monitoring Devices). The report further presents analysis based on the Procedure (Noninvasive and Invasive). The report is further segmented by Application (Respiratory Disorders, Cardiac Disorders, Glaucoma, Neurological Disorders, and Others). Further, the market is segmented on the basis of End User (Hospitals, Home Care, Ambulatory Surgical Centers & Clinics, and Diagnostic Laboratories). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the Report
The report Pressure Monitoring Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Pressure Monitoring Market Segmentation
Product
- Blood Pressure Monitors
- Pulmonary Pressure Monitors
- Intracranial Pressure Monitors
- Intraocular Pressure Monitors
- Accessories
- Other Pressure Monitoring Devices
Procedure
- Noninvasive and Invasive
Application
- Respiratory Disorders
- Cardiac Disorders
- Glaucoma
- Neurological Disorders
- Others
End User
- Hospitals
- Home Care
- Ambulatory Surgical Centers & Clinics
- Diagnostic Laboratories
End User
- Hospitals
- Home Care
- Ambulatory Surgical Centers & Clinics
- Diagnostic Laboratories
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Pressure Monitoring Market: Strategic Insights
Market Size Value in | US$ 7.85 billion in 2022 |
Market Size Value by | US$ 11.75 billion by 2030 |
Growth rate | CAGR of 5.2% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
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Speak to AnalystPressure Monitoring Market Growth Drivers
- Demand for Non-invasive/ Minimally invasive procedure: There is increase in use of non-invasive or minimally invasive procedures by the patients as its consumes less time and does not require any admission or long-stays at hospitals or other healthcare facilities. Increasing awareness about non-invasive procedure fuels the growth of the pressure monitoring market.
- Favorable Reimbursement Scenario: As the cases of chronic diseases are rapidly increasing in the population, the insurance companies in the developed as well as developing countries are focusing on introduction of these procedures under their policies. Thus, favourable reimbursement scenario for pressure monitoring at healthcare setting is also driving the growth of the market.
- Prevalence of Cardiovascular Diseases: Increasing prevalence of cardiovascular diseases among geriatric as well as adult population is fueling the growth of the market. There is increase in cases of CVDs among adults due to increase in smoking rates, hypertension, obesity, and diabetes among them. Due to this blood pressure monitoring for these patients becomes mandatory which fuels the growth of the market.
Pressure Monitoring Market Future Trends
- Shift towards Wearble pressure monitoring: Out-of-office blood pressure (BP) measurement is considered an integral component of the diagnostic algorithm and management of hypertension. In the era of digitalization, a great deal of wearable BP measuring devices has been developed. Thus, focus on use of wearble devices is fueling the growth of the market in forecast period.
- Strategic Initiatives: The healthcare companies are focusing on developing products that are technologically advanced and are more accurate as compared to other companies. In addition, there is increase in number of new entrants which are focused on providing customer-centric solutions and services.
- Government Initiatives and Funding: Government of developing countries are focusing on investing in development of wearable and technologically advanced products so that they can provide cost effective technologies in their countries. The integration of pressure monitoring systems with government initiatives and emerging trends reflects a growing commitment to innovation, safety, and sustainability.
Pressure Monitoring Market Opportunities
- Adoption of homecare monitoring: With the help of remote patient monitoring or homecare monitoring the patients can stay connected to their care team and capture important health information from the comfort of their homes. Increasing awareness about remote patient monitoring among patients is fueling the growth of the market
- Development of AI: powered pressure monitoring: Artificial intelligence (AI) enables remote patient monitoring (RPM) which reduces costs by triaging patients to optimize hospitalization and avoid complications. AI: enabled monitoring tools facilitate constant supervision of patients with chronic conditions such as diabetes or heart disease, allowing timely interventions. Growing focus on adoption of use of AI for pressure monitoring due to its benefits is expected to fuel the growth of the market.
- Advancement in Sensor Technology: various new sensor technologies such as MEMs and nanotechnology are used for reducing errors during patient monitoring. Nanomaterials significantly enhance biomedical sensors by providing high sensitivity and selectivity, which is crucial for detecting biological and vital signs. Thus, use of such technologies for increasing accuracy is creating opportunity for growth of the market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Pressure Monitoring Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Pressure Monitoring Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Procedure, Application, End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Blood pressure monitoring segment, by product, dominated the market in 2023.
Players operating in the market are Medtronic Plc, Philips Healthcare, GE Healthcare, Siemens Healthineers, Abbott, Boston Scientific, BD, and Stryker Corp
Adoption of homecare and remote patient monitoring act as a opportunity for growth of the market in forecast period.
North America region dominated the vascular graft market in 2023.
The Pressure Monitoring Market is estimated to witness a CAGR of 6.8% from 202#to 2031
The major factors driving the vascular market are:
1. Prevalence of Chronic Diseases.
2. Demand for noninvasive procedures
1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 Pressure Monitoring Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Pressure Monitoring Market – By Product
3.2.2 Pressure Monitoring Market – By Application
3.2.3 Pressure Monitoring Market – By End User
3.2.4 Pressure Monitoring – By Region
3.2.4.1 By Country
3.3 PEST Analysis
3.3.1 North America – PEST Analysis
3.3.2 Europe – PEST Analysis
3.3.3 Asia Pacific – PEST Analysis
3.3.4 Middle East and Africa – PEST Analysis
3.3.5 South and Central America– PEST Analysis
4 Pressure Monitoring Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Pressure Monitoring Market – Global Analysis
5.1 Global Pressure Monitoring Market Overview
5.2 Global Pressure Monitoring Market Revenue Forecasts and Analysis (US$ Mn)
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions
6 Pressure Monitoring Market- Global Regulatory Scenario
6.1 Overview
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Middle East & Africa
6.6 South and Central America
7 Pressure Monitoring Market Revenue and Forecasts to 2028 – By Product
7.1 Overview
7.2 Product Market Revenue and Forecasts Analysis (US$ Mn)
7.3 Blood Pressure Monitoring Market
7.3.1 Overview
7.3.2 Blood Pressure Monitoring Market Revenue Forecasts and Analysis (US$ Mn)
7.3.3 Automated BP Monitors Market
7.3.3.1 Overview
7.3.3.2 Automated BP Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.3.4 Ambulatory BP Monitors Market
7.3.4.1 Overview
7.3.4.2 Ambulatory BP Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.3.5 Sphygmomanometers Market
7.3.5.1 Overview
7.3.5.2 Sphygmomanometers Market Revenue Forecasts and Analysis (US$ Mn)
7.3.6 BP Transducers Market
7.3.6.1 Overview
7.3.6.2 BP Transducers Market Revenue Forecasts and Analysis (US$ Mn)
7.4 Pulmonary Pressure Monitors Market
7.4.1 Overview
7.4.2 Pulmonary Pressure Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.4.3 Oximeters Market
7.4.3.1 Overview
7.4.3.2 Oximeters Market Revenue Forecasts and Analysis (US$ Mn)
7.4.4 Capnographs Market
7.4.4.1 Overview
7.4.4.2 Capnographs Market Revenue Forecasts and Analysis (US$ Mn)
7.4.5 Spirometer Market
7.4.5.1 Overview
7.4.5.2 Spirometer Market Revenue Forecasts and Analysis (US$ Mn)
7.5 Intraocular Pressure Monitors Market
7.5.1 Overview
7.5.2 Intraocular Pressure Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.6 Intracranial Pressure Monitors Market
7.6.1 Overview
7.6.2 Intracranial Pressure Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.7 Others Pressure Monitoring Devices Market
7.7.1 Overview
7.7.2 Others Pressure Monitoring Devices Market Revenue Forecasts and Analysis (US$ Mn)
7.8 Accessories Market
7.8.1 Overview
7.8.2 Accessories Market Revenue Forecasts and Analysis (US$ Mn)
8 Pressure Monitoring Market Revenue and Forecasts to 2028 – By Application
8.1 Overview
8.2 Application Market Revenue and Forecasts Analysis (US$ Mn)
8.3 Respiratory Disorders Market
8.3.1 Overview
8.3.2 Respiratory Disorders Market Revenue Forecasts and Analysis (US$ Mn)
8.4 Cardiac Disorders Market
8.4.1 Overview
8.4.2 Cardiac Disorders Market Revenue Forecasts and Analysis (US$ Mn)
8.5 Neurological Disorders Market
8.5.1 Overview
8.5.2 Neurological Disorders Market Revenue Forecasts and Analysis (US$ Mn)
8.6 Others Market
8.6.1 Overview
8.6.2 Others Market Revenue Forecasts and Analysis (US$ Mn)
9 Pressure Monitoring Market Revenue and Forecasts to 2028 – By End User
9.1 Overview
9.2 End User Market Revenue and Forecasts Analysis (US$ Mn)
9.3 Hospitals & Clinics Market
9.3.1 Overview
9.3.2 Hospitals & Clinics Market Revenue Forecasts and Analysis (US$ Mn)
9.4 Home Care Market
9.4.1 Overview
9.4.2 Home Care Market Revenue Forecasts and Analysis (US$ Mn)
9.5 Ambulatory Surgical Centers Market
9.5.1 Overview
9.5.2 Ambulatory Surgical Centers Market Revenue Forecasts and Analysis (US$ Mn)
9.6 Diagnostic Laboratories Market
9.6.1 Overview
9.6.2 Diagnostic Laboratories Market Revenue Forecasts and Analysis (US$ Mn)
10 North America Pressure Monitoring Market Revenue and Forecasts to 2028 – Country Analysis
10.1 North America Pressure Monitoring Market Overview
10.2 North America Pressure Monitoring Market Revenue Forecasts and Analysis (US$ Mn)
10.3 North America Pressure Monitoring Market Revenue and Forecasts Analysis – By Product (US$ Mn)
10.3.1 North America Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
10.3.2 North America Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
10.4 North America Pressure Monitoring Market Revenue and Forecasts Analysis – By Application (US$ Mn)
10.5 North America Pressure Monitoring Market Revenue and Forecasts Analysis – By End User (US$ Mn)
10.6 North America Pressure Monitoring Market Revenue Forecasts and Analysis – By Country
10.7 US Market Overview
10.7.1 US Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
10.7.1.1 US Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
10.7.1.2 US Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
10.7.2 US Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.7.3 US Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.8 Canada Market Overview
10.8.1 Canada Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
10.8.1.1 Canada Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
10.8.1.2 Canada Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
10.8.2 Canada Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.8.3 Canada Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.9 Mexico Market Overview
10.9.1 Mexico Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
10.9.1.1 Mexico Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
10.9.1.2 Mexico Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
10.9.2 Mexico Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.9.3 Mexico Pressure Monitoring Market Revenue Forecasts and Analysis – By End User (US$ Mn)
11 Europe Pressure Monitoring Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Europe Pressure Monitoring Market Overview
11.2 Europe Pressure Monitoring Market Revenue Forecasts and Analysis (US$ Mn)
11.3 Europe Pressure Monitoring Market Revenue and Forecasts Analysis – By Product (US$ Mn)
11.3.1 Europe Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
11.3.2 Europe Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
11.4 Europe Pressure Monitoring Market Revenue and Forecasts Analysis – By Application (US$ Mn)
11.5 Europe Pressure Monitoring Market Revenue and Forecasts Analysis – By End User (US$ Mn)
11.6 Europe Pressure Monitoring Market Revenue Forecasts and Analysis – By Country
11.7 UK Market Overview
11.7.1 UK Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.7.1.1 UK Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
11.7.1.2 UK Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
11.7.2 UK Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.7.3 UK Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.8 Germany Market Overview
11.8.1 Germany Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.8.1.1 Germany Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
11.8.1.2 Germany Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
11.8.2 Germany Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.8.3 Germany Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.9 France Market Overview
11.9.1 France Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.9.1.1 France Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
11.9.1.2 France Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
11.9.2 France Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.9.3 France Pressure Monitoring Market Revenue Forecasts and Analysis – By End User (US$ Mn)
12 Asia Pacific Pressure Monitoring Market Revenue and Forecasts to 2028 – Country Analysis
12.1 Asia Pacific Pressure Monitoring Market Overview
12.2 Asia Pacific Pressure Monitoring Market Revenue Forecasts and Analysis (US$ Mn)
12.3 Asia Pacific Pressure Monitoring Market Revenue and Forecasts Analysis – By Product (US$ Mn)
12.3.1 Asia Pacific Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
12.3.2 Asia Pacific Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
12.4 Asia Pacific Pressure Monitoring Market Revenue and Forecasts Analysis – By Application (US$ Mn)
12.5 Asia Pacific Pressure Monitoring Market Revenue and Forecasts Analysis – By End User (US$ Mn)
12.6 Asia Pacific Pressure Monitoring Market Revenue Forecasts and Analysis – By Country
12.7 Japan Market Overview
12.7.1 Japan Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
12.7.1.1 Japan Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
12.7.1.2 Japan Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
12.7.2 Japan Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.7.3 Japan Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.8 China Market Overview
12.8.1 China Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
12.8.1.1 China Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
12.8.1.2 China Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
12.8.2 China Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.8.3 China Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.9 India Market Overview
12.9.1 India Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
12.9.1.1 India Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
12.9.1.2 India Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
12.9.2 India Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.9.3 India Pressure Monitoring Market Revenue Forecasts and Analysis – By End User (US$ Mn)
13 Middle East and Africa (MEA) Pressure Monitoring Market Revenue and Forecasts to 2028 – Country Analysis
13.1 Middle East and Africa Pressure Monitoring Market Overview
13.2 Middle East and Africa Pressure Monitoring Market Revenue Forecasts and Analysis (US$ Mn)
13.3 Middle East and Africa Pressure Monitoring Market Revenue and Forecasts Analysis – By Product (US$ Mn)
13.3.1 Middle East and Africa Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
13.3.2 Middle East and Africa Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
13.4 Middle East and Africa Pressure Monitoring Market Revenue and Forecasts Analysis – By Application (US$ Mn)
13.5 Middle East and Africa Pressure Monitoring Market Revenue and Forecasts Analysis – By End User (US$ Mn)
13.6 Middle East and Africa Pressure Monitoring Market Revenue Forecasts and Analysis – By Country
13.7 South Africa Market Overview
13.7.1 South Africa Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
13.7.1.1 South Africa Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
13.7.1.2 South Africa Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
13.7.2 South Africa Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
13.7.3 South Africa Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13.8 Saudi Arabia Market Overview
13.8.1 Saudi Arabia Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
13.8.1.1 Saudi Arabia Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
13.8.1.2 Saudi Arabia Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
13.8.2 Saudi Arabia Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
13.8.3 Saudi Arabia Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13.9 UAE Market Overview
13.9.1 UAE Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
13.9.1.1 UAE Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
13.9.1.2 UAE Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
13.9.2 UAE Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
13.9.3 UAE Pressure Monitoring Market Revenue Forecasts and Analysis – By End User (US$ Mn)
14 South and Central America Pressure Monitoring Market Revenue and Forecasts to 2028 – Country Analysis
14.1 South and Central America Pressure Monitoring Market Overview
14.2 South and Central America Pressure Monitoring Market Revenue Forecasts and Analysis (US$ Mn)
14.3 South and Central America Pressure Monitoring Market Revenue and Forecasts Analysis – By Product (US$ Mn)
14.3.1 South and Central America Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
14.3.2 South and Central America Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
14.4 South and Central America Pressure Monitoring Market Revenue and Forecasts Analysis – By Application (US$ Mn)
14.5 South and Central America Pressure Monitoring Market Revenue and Forecasts Analysis – By End User (US$ Mn)
14.6 South and Central America Pressure Monitoring Market Revenue Forecasts and Analysis – By Country
14.7 Brazil Market Overview
14.7.1 Brazil Pressure Monitoring Market Revenue Forecasts and Analysis - By Product (US$ Mn)
14.7.1.1 Brazil Blood Pressure Monitoring Devices Market Revenue and Forecasts Analysis – By Type
14.7.1.2 Brazil Pulmonary Pressure Monitors Market Revenue and Forecasts Analysis – By Type
14.7.2 Brazil Pressure Monitoring Market Revenue Forecasts and Analysis - By Application (US$ Mn)
14.7.3 Brazil Pressure Monitoring Market Revenue Forecasts and Analysis - By End User (US$ Mn)
15 Industry Landscape
15.1 Organic Growth Strategies
15.1.1 New Product Launches
15.1.2 Marketing & Promotional Activities
15.2 Inorganic Growth Strategies
15.2.1 Partnerships, Collaborations, and Joint Ventures
15.2.2 Mergers & Acquisitions
16 Pressure Monitoring Market, Key Company Profiles
16.1 Smiths Group plc.
16.1.1 Key Facts
16.1.2 Business Description
16.1.3 Financial Overview
16.1.4 Product Portfolio
16.1.5 Product Pipeline
16.1.6 SWOT Analysis
16.1.7 Key Developments
16.2 Koninklijke Philips N.V.
16.2.1 Key Facts
16.2.2 Business Description
16.2.3 Financial Overview
16.2.4 Product Portfolio
16.2.5 Product Pipeline
16.2.6 SWOT Analysis
16.2.7 Key Developments
16.3 Medtronic
16.3.1 Key Facts
16.3.2 Business Description
16.3.3 Financial Overview
16.3.4 Product Portfolio
16.3.5 Product Portfolio
16.3.6 SWOT Analysis
16.3.7 Key Developments
16.4 General Electric Company
16.4.1 Key Facts
16.4.2 Business Description
16.4.3 Financial Overview
16.4.4 Product Portfolio
16.4.5 Product Pipeline
16.4.6 SWOT Analysis
16.4.7 Key Developments
16.5 SunTech Medical, Inc.
16.5.1 Key Facts
16.5.2 Business Description
16.5.3 Financial Overview
16.5.4 Product Portfolio
16.5.5 Product Portfolio
16.5.6 SWOT Analysis
16.5.7 Key Developments
16.6 Rudolf Riester GmbH
16.6.1 Key Facts
16.6.2 Business Description
16.6.3 Financial Overview
16.6.4 Product Portfolio
16.6.5 Product Pipeline
16.6.6 SWOT Analysis
16.6.7 Key Developments
16.7 Uscom
16.7.1 Key Facts
16.7.2 Business Description
16.7.3 Financial Overview
16.7.4 Product Portfolio
16.7.5 Product Pipeline
16.7.6 SWOT Analysis
16.7.7 Key Developments
16.8 Welch Allyn
16.8.1 Key Facts
16.8.2 Business Description
16.8.3 Financial Overview
16.8.4 Product Portfolio
16.8.5 Product Pipeline
16.8.6 SWOT Analysis
16.8.7 Key Developments
16.9 Nonin Medical Inc.
16.9.1 Key Facts
16.9.2 Business Description
16.9.3 Financial Overview
16.9.4 Product Portfolio
16.9.5 Product Pipeline
16.9.6 SWOT Analysis
16.9.7 Key Developments
16.10 ATC Medical
16.10.1Key Facts
16.10.2Business Description
16.10.3Financial Overview
16.10.4Product Portfolio
16.10.5Product Pipeline
16.10.6SWOT Analysis
16.10.7Key Developments
17 Appendix
17.1 About The Insight Partners
17.2 Glossary of Terms
17.3 Research Methodology
The List of Companies
1. Smiths Group plc.
2. Koninklijke Philips N.V.
3. Medtronic
4. General Electric Company
5. SunTech Medical, Inc.
6. Rudolf Riester GmbH
7. Uscom
8. Welch Allyn
9. Nonin Medical Inc.
10. ATC Medical
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.