The global blood pressure monitoring and measurement instruments market is forecast to exceed $2.6 billion by 2020. Increasingly concentrated in the high-growth home segment. The global blood pressure monitoring market grew at CAGR of 6.53% from 2012 to 2016. A key factor contributing to market growth is an unprecedented increase in the prevalence of high and low blood pressure issues in patients.
Lexington has developed a combination device that measures both blood pressure and endothelial function. This added feature will increase the value and interest in purchasing a blood pressure and endothelial function monitoring device, and will deliver a more accurate picture of cardiovascular health.
With the rapid increase in the international home-care and medical markets, the company aims to target large pharmacy chains as a key distribution channel, as new technologies have consistently benefited as drivers of in-store traffic.
Key to understanding the potential commercial opportunity: The blood pressure monitoring market segment:
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