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.
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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
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
Medical Devices Cuffs End-use Outlook (Revenue, USD Million, 2016 - 2027)
Ambulatory Surgery Centers
Medical Devices Cuffs Regional Outlook (Revenue, USD Million, 2016 - 2027)
List of Key Players of Medical Devices Cuffs Market
Troge Medical GmbH
Well Lead Medical Co. Ltd.
TRACOE medical GmbH
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