According to IMARC Group’s latest report, titled “Blood Pressure Monitoring Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global blood pressure monitoring devices market size reached US$ 2.1 Billion in 2021. Blood pressure (BP) monitoring devices are machines that are utilized to measure the BP of an individual accurately. They comprise of an inflatable cuff, a pump, and an air pressure sensor. The inflated cuff is placed on the left arm of the user, which releases and collapses the artery beneath it. These digital devices measure the amount of blood pumped by the heart to record the blood pressure. They are convenient to use, equipped with a large reading display, portable, inexpensive, lightweight, etc. Additionally, BP monitoring devices are capable of storing previous readings, which can help the users in keeping track of their blood pressure over a period of time.
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The increasing awareness about the risks associated with hypertension is primarily driving the blood pressure monitoring devices market across the globe. Besides this, the expanding geriatric population is further catalyzing the product demand. Moreover, the rising investments by several manufacturers in R&D activities to enhance the performance of blood pressure monitoring devices is also augmenting the global market. In addition to this, the inflating levels of disposable incomes and healthcare expenditures, coupled with the shifting consumer inclination towards proactive monitoring of health metrics, are expected to propel the blood pressure monitoring devices market over the forecasted period. Looking forward, IMARC Group expects the global blood pressure monitoring devices market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 11.5% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- 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
- Historical, Current and Future Market Trends
- Market Breakup by Product Type:
- Automated BP Monitors
- Ambulatory BP Monitors
- BP Transducers
- Home-Based BP Monitors
- Blood Pressure Cuffs
- Valves and Bladders
- Market Breakup by Technology:
- Market Breakup by End-User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
- Homecare Settings
- Market Breakup by Region:
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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