To determine the current size of the blood pressure cuffs market, this study engaged in four main activities. A comprehensive study was conducted using secondary research methods to gather data about the market, its parent market, and its peer markets. The next stage involved conducting primary research to confirm these conclusions, assumptions, and sizing with industry experts throughout the value chain. A combination of top-down and bottom-up methods was used to assess the overall market size. The market sizes of segments and subsegments were then estimated using data triangulation techniques and market breakdown.
The four steps involved in estimating the market size are
Collecting Secondary Data
Within the secondary data collection process, a range of secondary sources were reviewed so as to identify and gather data for this study, including regulatory bodies, databases (like D&B Hoovers, Bloomberg Business, and Factiva), white papers, certified publications, articles by well-known authors, annual reports, press releases, and investor presentations of companies.
Collecting Primary Data
A thorough method was used in the primary research phase, which involved interviewing a wide range of sources from the supply and demand sides. The purpose of these interviews was to collect the qualitative and quantitative information needed to put together this report. The primary sources were mostly industry professionals from both core and related sectors; they also included preferred suppliers, manufacturers, distributors, service providers, and technology inventors, as well as entities connected to all aspects of the value chain in this business. We carefully conducted in-depth interviews with a variety of main respondents, including advisers from the industry, subject-matter experts, C-level executives from important market companies, and important sector stakeholders. A full assessment of future potentialities was the goal, along with the acquisition and validation of important qualitative and quantitative findings.
A breakdown of the primary respondents is provided below:
Breakdown of Primary Participants:
Note 1: Others include sales, marketing, and product managers.
Note 2: Tiers of companies are defined based on their total revenue. As of 2023, Tier 1 = >USD 5 billion, Tier 2 = USD 500 million to USD 5 billion, and Tier 3 = <USD 500 million.
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COMPANY NAME
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DESIGNATION
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Baxter International Inc
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Advisor
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Omron Corporation
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Strategic manager
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American Diagnostic Corporation
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Senior Director
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GE Healthcare
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VP Marketing
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Market Size Estimation
All major providers offering various blood pressure cuffs were identified at the global/regional level. Revenue mapping was done for the major players and was extrapolated to arrive at the global market value of each type of segment. The market value of blood pressure cuffs market was also split into various segments and subsegments at the region and country level based on:
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Product mapping of various providers for each type in blood pressure cuffs market at the regional and country level
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Relative adoption pattern of each blood pressure cuffs market among key application segments at the regional and/or country-level
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Detailed primary research to gather qualitative and quantitative information related to segments and subsegments at the regional and/or country level.
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Detailed secondary research to gauge the prevailing market trends at the regional and/or country level
Global Blood Pressure Cuffs Market Size: Bottom Up Approach
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Global Blood Pressure Cuffs Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall market size applying the process mentioned above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
To measure blood pressure, a healthcare provider utilizes an instrument known as a sphygmomanometer, commonly referred to as a blood pressure cuff. The cuff is placed around the upper arm and inflated to temporarily halt blood flow in the artery. As the cuff is gradually deflated, the provider listens to the blood flow using a stethoscope, detecting the sounds of blood pumping through the artery. These sounds are then recorded on a gauge attached to the cuff. This process is fundamental for accurate blood pressure measurement in clinical settings.
Key Stakeholders
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Manufacturers and Vendors of Blood pressure cuffs
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Pharmaceutical and Biopharmaceutical Companies
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Diagnostic Associations
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Research Associations Involved in the Research of cardiovascular diseases
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Various Research and Consulting Firms
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Distributors of Blood Pressure Cuffs
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Healthcare Institutes
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Research Institutes
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Blood Banks
Report Objectives
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To define, describe, segment, and forecast the in blood pressure cuffs market by type, size, usage, age group, distribution channel, end user, and by region
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To provide detailed information about the factors influencing the market growth (such as drivers, trends, opportunities, and challenges)
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To assess the Blood pressure cuffs market with respect to Porter’s five forces, regulatory landscape, the value chain, the supply chain, ecosystem analysis, patent protection, pricing assessment, key stakeholders, and buying criteria
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To analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall Blood pressure cuffs market
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To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
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To forecast the size of the market segments with respect to six regions, namely, North America, Europe, Asia Pacific, Latin America, the Middle East & Africa, and GCC Countries
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To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies2
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To track and analyze company developments such as product launches & approvals, acquisitions, collaborations, expansions, and other developments
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To benchmark players within the market using the proprietary Company Evaluation Matrix framework, which analyzes market players on various parameters within the broad categories of business and product excellence
Available Customizations
With the given market data, MarketsandMarkets offers customizations to meet the company’s needs. The following customization options are available for the report:
Geographic Analysis:
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Further breakdown of the Blood pressure cuffs market into specific countries/regions in Europe, Asia Pacific, Latin America, Middle East & Africa, and GCC Countries.
Company Information:
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Detailed analysis and profiling of additional market players (up to Five), inclusive of:
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Business Overview
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Financial Information
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Product Portfolio
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Developments (last three years)
Note: Some companies are privately owned, and their revenues are unavailable in the public domain. Hence, revenues for privately owned companies will not be included in their profile. In addition, company developments that are not reported in the public domain will not be included.
Growth opportunities and latent adjacency in Blood Pressure Cuffs Market