Blood Pressure Monitor Market Size, Share, and Analysis, By Product (Sphygmomanometer, Digital BP Monitors, and Ambulatory BP Monitors), By End-User (Hospitals & Clinics, Home Healthcare, and Others), By Distribution Channel (Online Retailers, Pharmacies & Retail Stores, Hospitals & Clinics), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Blood Pressure Monitor Market Size, Share, and Analysis, By Product (Sphygmomanometer, Digital BP Monitors, and Ambulatory BP Monitors), By End-User (Hospitals & Clinics, Home Healthcare, and Others), By Distribution Channel (Online Retailers, Pharmacies & Retail Stores, Hospitals & Clinics), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Blood Pressure Monitor Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 2.9 billion and is projected to reach USD 8.1 billion by the completion of 2034.
Blood pressure monitors refers to medical instruments that are designed to gauge the pressure of blood against arterial walls, and offers important insights into cardiovascular health. These monitors are available in digital, analog, wrist, or finger configurations and use oscillometric technology to provide automatic or manual readings. BP monitors measure systolic and diastolic blood pressure using an inflatable cuff, along with a pressure sensor and display screen. Additionally, analog monitors, such as mercury or aneroid sphygmomanometers, require manual inflation and a stethoscope to take readings. These monitors are crucial for diagnosing hypertension, evaluating medication efficacy, and promoting proactive health management. They are widely used in hospitals, clinics, and homes, allowing users to frequently monitor their blood pressure, helping early detection and therapy of cardiovascular disorders.
MARKET HIGHLIGHTS
Blood Pressure Monitor Market is projected to reach USD 8.1 billion over the forecast period, owing to an increase in hypertension cases, along with an aging demographic and rising awareness of cardiovascular health. The market includes a variety of products, including digital, analog, wrist, and finger monitors, which reflects continuous technological improvements such as connectivity features for remote monitoring. Moreover, the demand for home-use blood pressure monitors is significant, which is attributed to the growing focus on preventive healthcare and the convenience of at-home monitoring. Furthermore, major industry players are actively involved in product innovation, strategic collaborations, and utilization of online distribution channels, that contributes to the comprehensive expansion of the blood pressure monitor market. Therefore, as lifestyle-related diseases continue to surge, the market will experience sustained growth, which indicates an evolving industry that is focused on improving diagnostic accuracy and improving engagement with patients.
Blood Pressure Monitor Market Segments:
- By Product
- Sphygmomanometer
- Digital BP Monitors
- Ambulatory BP Monitors
- By End-User
- Hospitals & Clinics
- Home Healthcare
- Others
- By Distribution Channel
- Online Retailers
- Pharmacies & Retail Stores
- Hospitals & Clinics
MARKET DYNAMICS
Growth Drivers
Growing Awareness and Emphasis on Preventive Healthcare Generates Growth Opportunities
Improvements in Technology and Connectivity Features Will Lead to Market Expansion
Restraint
Issues with Accessibility and Affordability in Low-Income Areas hinder Industry Growth
Key Players
- Omron Corporation
- A&D Company
- Philips N.V.
- GE Healthcare
- Nihon Kohden Corporation
- Rossmax International Ltd.
- Spacelabs Healthcare
- Welch Allyn
- SunTech Medical, Inc.
- Smiths Group plc
- Withings
- Microlife Corporation
- Masimo Corporation
- A&D Medical
- American Diagnostic Corporation
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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