Blood Pressure Monitoring Devices Market Global Industry Analysis on Size, Share, Growth, Trends And Forecast To 2027

Precision Business Insights published a research report on “Global Blood Pressure Monitoring Devices Market By Product Type (Sphygmomanometer, Ambulatory Blood Pressure Monitors, Automated Blood Pressure Monitors, Blood Pressure Transducers), By Technology (Manually Operated Blood Pressure Monitoring Devices, Digital Blood Pressure Monitoring Devices), By Modality (Portable Blood Pressure Monitoring Devices , Standalone Blood Pressure Monitoring Devices), By End-User (Hospitals and Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Homecare Settings), and Geography- Global/Region/Country Forecast to 2027” The Global Blood Pressure Monitoring Devices Market was valued at USD 1.6 Billion in 2020 and is anticipated to grow at USD 3.22 Billion till 2027 recording a CAGR of 10.5% during the forecast period 2021-2027

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Global Blood Pressure Monitoring Devices Market By Product Type (Sphygmomanometer, Ambulatory Blood Pressure Monitors, Automated Blood Pressure Monitors, Blood Pressure Transducers), By Technology (Manually Operated Blood Pressure Monitoring Devices, Digital Blood Pressure Monitoring Devices), By Modality (Portable Blood Pressure Monitoring Devices , Standalone Blood Pressure Monitoring Devices), By End-User (Hospitals and Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Homecare Settings), and Geography- Global/Region/Country Forecast to 2027”

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Increase in Government Initiatives and Healthcare Expenses will bolster the Market Growth
Blood Pressure Monitoring Devices consist of measuring unit, inflation technique which can manually operated valve or electronically operated pump and an inflatable cuff. These devices are referred to as the medical devices. These devices are used hugely in monitoring blood pressure of the patient. The most commonly utilized device in monitoring the blood pressure is sphygmomanometer. At present, both digital as well as manual blood pressure monitors are utilized with more carefulness and convenience. These devices monitor the blood pressure of the patient in hypertension and hypotension.

There are several factors fueling the market growth, which include technological developments in devices, changing lifestyle like huge intake of alcohol and growing overweight and aged population are expected to foster the market over the forecast duration. Furthermore, growing demand for portable devices, increasing healthcare expenses and increasing government initiatives to prevent hypertension are also anticipated to reinforce the market growth. On the other hand, product recalls, high price of technologically developed devices and strict rules for the approval of products are the factors anticipated to hinder the blood pressure monitoring devices growth. Almost 640 Mn people in developing countries and nearly 330 Mn people in developed countries are going through the hypertension problem. Furthermore, several major key players of this market are concentrating more on brining technologically advanced devices to the market.

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Impact of COVID-19 on Blood Pressure Monitoring Devices Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

Global Blood Pressure Monitoring Devices Market - Geographical Analysis -
On the basis of geographical analysis, the global blood pressure monitoring devices market is categorized into key regions such as North America, Asia pacific, Africa, Latin America, Middle East and Europe. Market in North America is driven by growing demand for homecare blood pressure monitoring devices, launching of novel advanced devices as well as increase in cases of cardiovascular illnesses and hypertension. Europe also records notable share in the market due to the high adoption of technologically advanced devices and well-developed healthcare infrastructure in the region. Asia pacific is anticipated to witness considerable growth rate due to the huge patient pool along with growing aging population.

Competitive Analysis
Leading players operating in the global pressure monitoring devices market are GE Healthcare (U.K.), Koninklijke Philips N.V. (Netherlands), Dragerwerk AG & Co. KGaA (Germany), Medtronic plc (U.K.), Welch Allyn, Inc. (U.S.), Halma plc (U.K.), iHealth Labs Inc. (U.S.), Omron Healthcare Europe B.V. (Netherlands), Smith Medical (U.S.) and Gurin Products, LLC.

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