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According to the new market research report ?Latin America Pressure Monitoring Market, By Product Type (Devices, Accessories), Procedure (Non-Invasive, Invasive), Therapeutic Application (Glaucoma, Respiratory Disorders, Cardiac Disorders, Others), End User, Geography ? Forecast to 2020?,was valued at USD 334.2 million in 2014, and is expected to reach USD 463.4 million by 2020, at a CAGR of 5.6% from 2015 to 2020.
Browse through the TOC of Latin America Pressure Monitoring Market for an analysis of industry trends, segments & forecasts.
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The growth of Latin America pressure monitoring market is attributed to the rising incidences of hypertension in the aging population, increasing home care settings, and the technological advancements. Rise in respiratory disorders, increase in the number of smoking population, and exposure to dust and other chemicals in workplaces are the key factors propelling the growth of pulmonary pressure monitors segment.
On the other hand, high cost of equipment, economic slowdown, and inadequate product knowledge are some of the restraints inhibiting the growth of this market.
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The Latin America pressure monitoring analyzes the market by product type (device & accessories), by procedure, by therapeutic application, and by end user. The device subsegment includes blood pressure monitors, which are further categorized into by type (sphygmomanometers, automated blood pressure monitors, ambulatory blood pressure monitors, BP transducers) and by technology (digital, aneroid, wearable); pulmonary pressure monitors subsegment, which is further segmented into oximeters, spirometers, and capnographs.
The accessories subsegment includes intraocular pressure monitors, intracranial pressure monitors, and other pressure monitoring devices.
Geographically, the market is segmented on the basis of major Latin American countries such as Brazil, Argentina, Mexico, Columbia, Chile, and Rest of Latin America.
In 2015, Brazil commanded the largest share of the pressure monitoring market in Latin America.
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This report also includes the market share, approach for arriving at the market size, new technological developments, product matrix, life cycle analysis, Porter?s five forces analysis, and price analysis by product. In this report, market metrics are also included such as drivers, restraints, and upcoming opportunities in the market.
In addition, it presents a competitive landscape and profiles of key players that provide pressure monitoring devices.
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