Emerging economies of Mexico and Brazil a positive indication for growth of electric handheld BP devices market
As per a report published by Transparency Market Research, the developing economies of Mexico and Brazil would work as a driving factor for the growth of electric handheld blood pressure (BP) devices market. Electric handheld blood pressure devices have advantage over traditional blood pressure measuring devices for reasons such as ease of use, quick and easy interpretation of results, and portability. Hence, traditional BP devices are being replaced heavily by modern automated BP measuring devices. The key factors driving the growth of the global market include increasing number of chronic diseases that require routine blood pressure monitoring, consumer cognizance level and advancements in technology leading to development of portable and easy-to-use mini BP devices. North America captures the largest chunk of the market owing to large elderly population pool seeking BP monitoring regularly and high level of awareness among users. Europe and Asia-Pacific follow North America in market share. India and China are likely to experience fastest growth based on reforming healthcare facilities and large pool of patients suffering from diabetes and cardiovascular diseases.