NOVEMBER 2002 PRESS RELEASE
$145 Million "U.S. Consumer Blood Pressure Monitor Market" Is Projected For 2002 In A New Report From Feedback Research Services
November 21, 2002 (Jacksonville OR): Patients with high cholesterol and hypertension account for a large portion of consumer sales of blood pressure monitors. Within the general population, media coverage has increased awareness of health and fitness and created more demand for self-care monitoring devices. Manufacturers have responded by producing affordable and easy-to-use units that are sold by home health companies, mail order, mass merchandisers, pharmacies, and retail outlets. In the United States, the steadily growing consumer blood pressure monitor market could reach $145 million by year-end 2002.
Two other dynamic market segments involve health care provider organizations and medical professionals. A major factor is the phasing out of traditional mercury-based blood pressure monitors, primarily because of waste management issues. Blood banks, clinics, doctors’ offices, hospitals, nursing homes, and other point-of-care settings will need to find alternatives. Industry sources see California as the current leader in the replacement trend.
For acute and remote monitoring, equipment increasingly integrates with electronic patient records. As more providers need access to the vital signs data of a single patient, bedside systems are incorporating secure Internet access. Medical peripherals such as blood pressure monitors can also be plugged into telemedicine units in clinical or home environments.
Blood Pressure & Fitness Monitor Markets analyzes these and other product segments, with emphasis on competitors, growth rates, market trends, and revenues from 2000 through 2005. Report purchasers will receive updates on new developments in this market through December 2003.
