The global medical devices cuffs market size is expected to reach USD 1.1 billion by 2027, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.3% from 2020 to 2027. The increasing geriatric population, technological advancements, and rising prevalence of cardiovascular diseases, and respiratory disorders and diseases are the key factors driving the market.
Cardiovascular
diseases (CVDs) have become one of the major causes of mortality and morbidity
in the world during the last three decades. Coronary artery disease,
arrhythmias, peripheral vascular disease, and congenital heart defects are the
major cardiovascular diseases that are prevalent across the globe. According to
the report published by the American Heart Association in 2018, around 92.1
million Americans were living with some form of CVD, which is the most common
cause of mortality in the country as compared to cancer and other chronic
diseases. It also reported that around 2,300 Americans die due to
cardiovascular disease per day, which is around 1 death in every 38 seconds.
Similarly,
as per the report published by the World Atlas, Russia has the highest
prevalence of CVD, which is around 57.0% of the mortality cases in the country.
The increasing number of patients suffering from hypertension and high blood
pressure are the major factors for the increasing prevalence of cardiovascular
diseases. In cases of hypertension, cardiovascular diseases, and high blood
pressure, blood pressure monitoring devices are one of the essential
requirements for the treatment and diagnosis.
The
increasing adoption of a sedentary lifestyle has also propelled the prevalence
rate of various types of CVDs across the globe. Physical inactivity, smoking,
high blood pressure, and obesity are some of the major factors boosting the
CVDs rate. For instance, as per the American Heart Association, about 30.4% of
the U.S. adults do not engage in physical activity. Therefore, such factors are
anticipated to propel market growth over the forecast period.
Full Research Report On Medical Devices Cuffs Market Visit Here:
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Medical Devices
Cuffs Market Report Highlights
- In terms of revenue, the
blood pressure cuffs segment held the largest market share in 2019. The
presence of several players offering this product and increasing adoption
of home care services are the major factors driving the segment over the
forecast period
- The hospitals' segment held
the largest share in 2019 owing to the increasing number of hospitals
across the globe
- The Asia Pacific is
anticipated to witness the fastest growth over the forecast period owing
to the rising geriatric population in this region
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Medical Devices
Cuffs Market Segmentation
Grand View Research has segmented
the global medical devices cuffs market on the basis of product, end use, and
region:
Medical Devices
Cuffs Product Outlook (Revenue, USD Million, 2016 - 2027)
- Blood Pressure Cuffs
- Cuffed Endotracheal Tube
- Tracheostomy Tube
Medical Devices
Cuffs End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- Others
Medical Devices
Cuffs Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
List of Key Players
of Medical Devices Cuffs Market
- Medtronic
- Smiths Medical
- Teleflex Incorporated
- ConvaTec Inc.
- Cook Medical
- Troge Medical GmbH
- Fuji Systems
- Well Lead Medical Co. Ltd.
- TRACOE medical GmbH
- Pulmodyne, Inc.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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