Blood Pressure Monitoring Devices Market Analysis: Major Players, Lucrative Segments And Top Geographies
21 Jun, 2023
The global blood pressure monitoring devices market size is expected to grow from $2.56 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global blood pressure monitoring devices market size is expected to reach $3.80 billion in 2027 at a CAGR of 8.0%.
Global Blood Pressure Monitoring Devices Market Key Driver
The growing prevalence of hypertension will drive the blood pressure monitoring device market. Hypertension, commonly known as high blood pressure, is a medical condition in which the force of the blood against the walls of the arteries is constantly higher, resulting in increased pressure in the blood vessels. Healthcare providers and patients who seek to improve their ability to manage hypertension and reduce the risk of associated health complications use blood pressure monitoring devices. Thus, the need for accurate and reliable blood pressure monitoring devices to monitor and manage blood pressure levels regularly will positively impact the market.
Get a sample of the global blood pressure monitoring devices market reportGlobal Blood Pressure Monitoring Devices Market Segments
The global blood pressure monitoring devices market is segmented:
1) By Product Type: Digital Blood Pressure Monitor, Sphygmomanometer, Ambulatory Blood Pressure Monitor, Instruments And Accessories, Transducers
2) By Technology: Digital, Aneroid, Wearable
3) By End User: Hospitals, Home-Care Settings, Ambulatory Surgical Centers, Other End Users
4) By Geography: The regions covered in the blood pressure monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global blood pressure monitoring devices market.
Major Blood Pressure Monitoring Devices Industry Players
Rossmax International Ltd., Koninklijke Philips N.V., SunTech Medical Inc., Graham-field Health Products Inc., Welch Allyn Inc., Microlife Corporation, A&D Company Limited, Omron Corporation, Hill-Rom Services Inc., American Diagnostic Corporation, Withings Health Solutions, Smiths Medical Inc., Braun Healthcare, ICU Medical Inc., Panasonic Corporation
Get the full global blood pressure monitoring devices market reportBlood Pressure Monitoring Devices Market Overview
Blood pressure monitoring devices refer to medical instruments that are used to measure and monitor blood pressure as it flows through the arteries in a person's body. These devices are commonly used to diagnose and manage hypertension, which can lead to serious health problems.
Blood Pressure Monitoring Devices Global Market Report 2023 provides data on the global blood pressure monitoring devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The blood pressure monitoring devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.