The Worldwide Blood Pressure Monitoring Devices Industry is Expected to Reach $4.5 Billion by 2027: Rising Awareness About the Risks Associated With Hypertension Drives Growth

19 Jan 2023
www.prnewswire.com
DUBLIN, Jan. 19, 2023 /PRNewswire/ -- The "Blood Pressure Monitoring Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to
ResearchAndMarkets.com's offering.
The global blood pressure monitoring devices market size reached US$ 2.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 4.5 Billion by 2027, exhibiting a CAGR of 13.54% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The blood pressure (BP) monitoring device is a machine that is used to accurately measure the blood pressure of an individual. It consists of an inflatable cuff, air pressure sensor and a pump. The cuff is placed on the left arm of the user which collapses and releases the artery beneath the cuff in a controlled manner.
This measures the amount of blood pumped by the heart and the recorded blood pressure is then displayed on the device. Several portable, lightweight and inexpensive BP monitors have been launched in the market. They are easy to use with a large reading display. Additionally, these digital devices are also capable of storing numerous previous readings which aid the users to keep track of their average blood pressure.
Growing awareness about the risks associated with hypertension is one of the major factors that is catalyzing the growth of the market. A severe case of hypertension can often lead to stroke, cardiovascular disorders and kidney failure, which can ultimately result in an untimely death.
A majority of the population therefore monitors their blood pressure on a regular basis by using digital and portable BP devices. This allows the users not only to keep a check on their pressure but also enables them to consult a doctor as soon as any peculiarity is witnessed.
Apart from this, an increase in the geriatric population has also impelled the demand for such devices. Furthermore, manufacturers are continually engaging in research and development (R&D) activities to improve the performance of these devices. Several variants of these monitors have been introduced in the market that offer multi-user interface while providing average blood pressure readings of each user.
Other factors contributing to the market growth include rising disposable incomes and healthcare expenditures, increasing inclination toward proactive monitoring, and government initiatives regarding the advantages of home-based BP devices.
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being A&D Medical Inc., GE Healthcare, Koninklijke Philips N.V, Omron Healthcare, Welch Allyn, Rossmaax International Limited, Spacelab's Healthcare Inc., Contec Medical System Co.Ltd, Microlife AG, Halma plc., Hill-Rom Holdings, American Diagnostic, Smith's Group Plc., Schiller AG, SunTech Medical, etc.
Key Questions Answered in This Report:
How has the global blood pressure monitoring devices market performed so far and how will it perform in the coming years?
What are the key regional markets in the global blood pressure monitoring devices industry?
What has been the impact of COVID-19 on the global blood pressure monitoring devices industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the accessories?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the global blood pressure monitoring devices industry?
What are the key driving factors and challenges in the global blood pressure monitoring devices industry?
What is the structure of the global blood pressure monitoring devices industry and who are the key players?
What is the degree of competition in the global blood pressure monitoring devices industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Blood Pressure Monitoring Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Technology
5.6 Market Breakup by Accessories
5.7 Market Breakup by End-User
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product Type
6.1 Monitor
6.1.1 Market Trends
6.1.2 Market Breakup by Monitor Type
6.1.2.1 Sphygmomanometers
6.1.2.1.1 Market Trends
6.1.2.1.2 Market Forecast
6.1.2.2 Automated BP Monitors
6.1.2.2.1 Market Trends
6.1.2.2.2 Market Forecast
6.1.2.3 Ambulatory BP Monitors
6.1.2.3.1 Market Trends
6.1.2.3.2 Market Forecast
6.1.2.4 BP Transducers
6.1.2.4.1 Market Trends
6.1.2.4.2 Market Forecast
6.1.2.5 Home-Based BP Monitors
6.1.2.5.1 Market Trends
6.1.2.5.2 Market Forecast
6.1.2.6 Others
6.1.2.6.1 Market Trends
6.1.2.6.2 Market Forecast
6.1.3 Market Forecast
6.2 Accessories
6.2.1 Market Trends
6.2.2 Market Breakup by Accessories Type
6.2.2.1 Blood Pressure Cuffs
6.2.2.1.1 Market Trends
6.2.2.1.2 Market Forecast
6.2.2.2 Manometers
6.2.2.2.1 Market Trends
6.2.2.2.2 Market Forecast
6.2.2.3 Valves and Bladders
6.2.2.3.1 Market Trends
6.2.2.3.2 Market Forecast
6.2.2.4 Others
6.2.2.4.1 Market Trends
6.2.2.4.2 Market Forecast
6.2.3 Market Forecast
7 Market Breakup by Technology
7.1 Digital
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Aneroid
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Wearable
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End-User
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgical Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Diagnostic Centers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Homecare Settings
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porter's Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.3 Koninklijke Philips N.V
14.3.5 Welch Allyn
14.3.6 Rossmaax International Limited
14.3.7 Spacelab's Healthcare Inc.
14.3.8 Contec Medical System Co.Ltd
14.3.10 Halma plc.
14.3.12 American Diagnostic
14.3.13 Smith's Group Plc.
14.3.14 Schiller AG
For more information about this report visit https://www.researchandmarkets.com/r/bcl5r6
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
For more details,please visit the original website
The content of the article does not represent any opinions of Synapse and its affiliated companies. If there is any copyright infringement or error, please contact us, and we will deal with it within 24 hours.
Organizations
Indications
Targets
-
Drugs
-
Chat with Hiro
Get started for free today!
Accelerate Strategic R&D decision making with Synapse, PatSnap’s AI-powered Connected Innovation Intelligence Platform Built for Life Sciences Professionals.
Start your data trial now!
Synapse data is also accessible to external entities via APIs or data packages. Empower better decisions with the latest in pharmaceutical intelligence.