Product Code: ETC040810 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines pressure monitoring market is expected to register a CAGR of 8.1% during the forecast period (2025-2031). Increasing prevalence of chronic diseases and growing geriatric population are some of the key factors driving the growth of this market. Moreover, technological advancements in medical devices and increasing demand for home healthcare services has further propelled its demand
The introduction of advanced pressure monitoring technologies such as noninvasive blood pressure monitors is growing increasingly popular among consumers due to their advantages over traditional methods such as convenience, accuracy, and portability. This trend is expected to drive market growth over the coming years. Further, additionally, miniaturization techniques used by manufacturers have made it possible for products with wireless communication capabilities to be developed that aid in remote patient monitoring thereby providing better care at reduced cost. This is also expected to fuel demand for pressure monitor equipment over the forecast period.
The increasing prevalence chronic diseases such as hypertension has been one major factor driving market growth globally; an estimated 30 million people suffer from hypertension in Philippines alone which necessitates regular monitoring via devices like blood pressure monitors leading to increased sales volumes. Additionally, furthermore, government initiatives such as strengthening primary health infrastructure through telemedicine programs has been instrumental in promoting uptake of digital healthcare solutions thereby boosting product sales numbers indirectly across all categories including those related to BP measurement and monitoring equipment???s.
Lack awareness about importance of regular BP checks amongst rural populace poses a challenge towards higher penetration rates needed for sustained future growth opportunities across segments within generic segment category
Due to Covid -19 pandemic there was disruption in supply chain activity resulting decrease availability certain components parts necessary manufacturing medical equipments including bp monitors .In addition many hospitals postponed elective procedures which affected hospital revenues , thus reducing procurement budgets placing downward pressures on price points offered these products .However , introduction virtual care platforms allowed access specialized treatment even after stay home orders were enforced allowing widespread utilization connected technology based systems measure
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Pressure Monitoring Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Pressure Monitoring Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Pressure Monitoring Market - Industry Life Cycle |
3.4 Philippines Pressure Monitoring Market - Porter's Five Forces |
3.5 Philippines Pressure Monitoring Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Pressure Monitoring Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
3.7 Philippines Pressure Monitoring Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Pressure Monitoring Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Philippines Pressure Monitoring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Pressure Monitoring Market Trends |
6 Philippines Pressure Monitoring Market, By Types |
6.1 Philippines Pressure Monitoring Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Pressure Monitoring Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Pressure Monitoring Market Revenues & Volume, By BP Monitors/Cardiac Pressure Monitors, 2021-2031F |
6.1.4 Philippines Pressure Monitoring Market Revenues & Volume, By Pulmonary Pressure Monitors, 2021-2031F |
6.1.5 Philippines Pressure Monitoring Market Revenues & Volume, By Intraocular Pressure Monitors, 2021-2031F |
6.2 Philippines Pressure Monitoring Market, By Procedure |
6.2.1 Overview and Analysis |
6.2.2 Philippines Pressure Monitoring Market Revenues & Volume, By Noninvasive, 2021-2031F |
6.2.3 Philippines Pressure Monitoring Market Revenues & Volume, By Invasive, 2021-2031F |
6.3 Philippines Pressure Monitoring Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Pressure Monitoring Market Revenues & Volume, By Respiratory Disorders, 2021-2031F |
6.3.3 Philippines Pressure Monitoring Market Revenues & Volume, By Glaucoma, 2021-2031F |
6.3.4 Philippines Pressure Monitoring Market Revenues & Volume, By Cardiac Disorders, 2021-2031F |
6.3.5 Philippines Pressure Monitoring Market Revenues & Volume, By Neurological Disorders, 2021-2031F |
6.3.6 Philippines Pressure Monitoring Market Revenues & Volume, By Dialysis, 2021-2031F |
6.3.7 Philippines Pressure Monitoring Market Revenues & Volume, By Others, 2021-2031F |
6.4 Philippines Pressure Monitoring Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Pressure Monitoring Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.3 Philippines Pressure Monitoring Market Revenues & Volume, By Home Care Settings, 2021-2031F |
6.4.4 Philippines Pressure Monitoring Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2021-2031F |
6.4.5 Philippines Pressure Monitoring Market Revenues & Volume, By Diagnostic Laboratories, 2021-2031F |
6.4.6 Philippines Pressure Monitoring Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Pressure Monitoring Market Import-Export Trade Statistics |
7.1 Philippines Pressure Monitoring Market Export to Major Countries |
7.2 Philippines Pressure Monitoring Market Imports from Major Countries |
8 Philippines Pressure Monitoring Market Key Performance Indicators |
9 Philippines Pressure Monitoring Market - Opportunity Assessment |
9.1 Philippines Pressure Monitoring Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Pressure Monitoring Market Opportunity Assessment, By Procedure, 2021 & 2031F |
9.3 Philippines Pressure Monitoring Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Pressure Monitoring Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Philippines Pressure Monitoring Market - Competitive Landscape |
10.1 Philippines Pressure Monitoring Market Revenue Share, By Companies, 2024 |
10.2 Philippines Pressure Monitoring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |