Global Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors market finds that the global Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors market reached a value of USD 103.07 million in 2022. It’s expected that the market will achieve USD 142.0 million by 2028, exhibiting a CAGR of 5.49% during the forecast period.

Market Drivers
and Impact
The population of the Asia-Pacific region accounts for about two-thirds of the world's total population. With the aging of the population and the increase in the number of patients, the prevalence of different types of diseases such as diabetes and cardiovascular disease has increased, and non-invasive blood pressure measurement methods have been widely adopted.
Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors are becoming more and more popular for their lightness, portability, and real-time measurement. Secondly, with the economic development in the Asia-Pacific region and the increase in people's purchasing power, products with better quality will become more popular, which will provide a powerful boost to the region.
In addition to detecting common blood pressure, Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors are used to monitoring patients at risk for cardiovascular and cerebrovascular events due to high blood pressure. Ambulatory blood pressure monitoring involves monitoring the patient's blood pressure within 24 hours while the patient is performing daily activities. And compared with the clinic and home blood pressure monitoring, Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors can be better aligned to identify abnormal changes in blood pressure, otherwise, these abnormal changes will not be noticed during routine inspections. The advantages of Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors are of higher accuracy, continuous monitoring, and accurate blood pressure analysis. High performance and large downstream application is also an important driving force for the development of this market.

Market Challenges and Impact

There is no doubt that Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors, as a technical product, have many advantages and are more expensive than ordinary medical equipment. This may be difficult for countries or regions where there is no medical reimbursement or a small percentage of reimbursement.
Secondly, Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors based on electronic technology has features such as rapid replacement, so for new entrants, if they want to enter the industry, they should have sufficient funds and technical reserves.

Region Overview:

In 2022, the share of the Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors market in Americas stood at 36.18%.

Company Overview:

Spacelabs is one of the major players operating in the Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors market, holding a share of 22.31% in 2023.

Spacelabs

Spacelabs Healthcare, Inc. develops, manufactures, sells, and services medical equipment for clinicians and healthcare facilities worldwide. It offers patient monitoring and connectivity solutions, such as patient monitors (modular and configured), parameters, clinical tools, telemetry, and supplies and accessories.

SunTech Medical

Headquartered in the United States, in North Carolina’s Research Triangle, they are globally focused on the continual advancement of blood pressure monitoring products and technologies for the benefit of our customers, patients, employees and shareholders.

Segmentation Overview:

As for product types, the General ABPM Patient Monitors segment held the largest market share in 2022.

Application Overview:

By application, the Hospital & Clinic segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors market covered in Chapter 3:

Vasomedical
Spacelabs
ERKA
SunTech Medical
Bosch + Sohn
Schiller AG
A&D Company
Mindray
Rudolf Riester GmbH
Welch Allyn
Medset
Contec Medical Systems

In Chapter 4 and Chapter 14.2, on the basis of types, the Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors market from 2018 to 2029 is primarily split into:

General ABPM Patient Monitors
Wearable ABPM Patient Monitors

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ambulatory Blood Pressure Monitoring (ABPM) Patient Monitors market from 2018 to 2029 covers:

Hospital & Clinic
Emergency Services
Diagnostics Laboratories
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)