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North America holds a significant share of the digital blood pressure monitor industry owing to the rising prevalence of blood pressure-related issues. The robust healthcare and the increasing accessibility to healthcare for all socioeconomic classes in the United States and Canada are surging the demand for digital blood pressure monitors, hence driving the growth of the market. In January 2018, the American Heart Association estimated that about 103 million adults of the United States have high blood pressure. Moreover, the growing trend of home healthcare in the region is surging the use of digital blood pressure monitors owing to their easy readability and cost-effectiveness, which is providing further impetus to the market growth of digital blood pressure monitor.
Omron Healthcare, Inc. (TYO: 6645), one of the leading companies in the market, showcased its advancement of its Going for Zero heart attacks and strokes at the 2019 Consumer Electronics Show (CES) in January 2019. The company launched HeartGuide, a wearable blood pressure monitor, and previewed Complete, a personal blood pressure monitor with EKG potential in a single device. Moreover, the data collected from the device can be transferred to HeartAdvisor to aid users to better understand their condition and access real-time heart health coaching. The device also offers the functionality of a smartphone to track activity levels and monitors sleep activity to provide users with a more comprehensive picture of their heart health. The development of such innovative devices by the leading companies is increasing the use of digital blood pressure monitors, which is significantly contributing to the growth of the market.
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The major players in the global digital blood pressure monitor market are Omron Healthcare, Inc., General Electric Company, Welch Allyn, Inc., Rossmax International Ltd., and A&D Company, Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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