Global Blood Pressure Monitoring Testing Market Growth (Status and Outlook) 2023-2029

Global Blood Pressure Monitoring Testing Market Growth (Status and Outlook) 2023-2029

Blood pressure refers to force exerted by blood on the walls of blood vessels as the result of the heart pump. The systolic blood pressure defined as the highest pressure in the arteries when the hearts contracts while the diastolic blood pressure is defined as lowest pressure when the heart relaxes. Blood pressure monitoring devices used to understand the risks of blood pressure and help in management, measurement, and monitoring of the problems of blood pressure.

LPI (LP Information)' newest research report, the “Blood Pressure Monitoring Testing Industry Forecast” looks at past sales and reviews total world Blood Pressure Monitoring Testing sales in 2022, providing a comprehensive analysis by region and market sector of projected Blood Pressure Monitoring Testing sales for 2023 through 2029. With Blood Pressure Monitoring Testing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Blood Pressure Monitoring Testing industry.

This Insight Report provides a comprehensive analysis of the global Blood Pressure Monitoring Testing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Blood Pressure Monitoring Testing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Blood Pressure Monitoring Testing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Blood Pressure Monitoring Testing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Blood Pressure Monitoring Testing.

The global Blood Pressure Monitoring Testing market size is projected to grow from US$ 2975.3 million in 2022 to US$ 5674.8 million in 2029; it is expected to grow at a CAGR of 9.7% from 2023 to 2029.

Increasing incidences of hypertension due to changing lifestyle is the key factor attributing towards the growth of the market over the forecast period. In addition, growing awareness and demand for home use BP monitors are expected to drive the industry growth in coming years. Furthermore, technological advancement such as mobile-based BP monitoring systems is anticipated to drive the industry growth. The demand for BP monitors is very high on account of growing geriatric population base and increasing the risk of high blood pressure among wide population base due to rising incidences of obesity & sedentary lifestyle. Asia displays a high CAGR owing to the rapidly increasing aging population in countries such as India, China, and Japan. The Americas also maintains a stable growth mainly due to reimbursements offered for specific equipment and the health policies of Medicaid and Medicare.

This report presents a comprehensive overview, market shares, and growth opportunities of Blood Pressure Monitoring Testing market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Sphygmomanometers
Automated Blood Pressure Monitor
Transducers
Ambulatory Blood Pressure Monitor
Instrument & Accessories
Blood Pressure Cuffs
Bladders
Bulbs
Valves

Segmentation by application
Hospitals
Homecare
Diagnostics Laboratory
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Healthcare
Hill-Rom
A&D Medical
SunTech Medical
American Diagnostics Corporation
Briggs Healthcare
Kaz
Microlife
Rossmax International
GF Health Products
Spacelabs Healthcare
Omron Healthcare
Philips Healthcare

Please note: The report will take approximately 2 business days to prepare and deliver.