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Blood Pressure Monitoring Devices Market By Product Type (Aneroid BP Monitors, Digital BP Monitors, Blood Pressure Instrument Accessories, Ambulatory BP Monitors), By End User (Hospitals, Home Health Care, Others): Global Opportunity Analysis and Industry

01-24-2023 03:58 PM CET | Health & Medicine

Press release from: Analytics Market Research

Global Blood Pressure Monitoring Devices Market

Global Blood Pressure Monitoring Devices Market

Report Overview
The market for blood pressure monitoring devices worldwide, which was valued at USD 1.62 billion in 2021, is anticipated to reach USD 4.12 billion by 2030 and is expected to expand at a CAGR of 10.93% from 2023 to 2032. A normal blood pressure reading is less than 120/80 mmHg. Regardless of your age, you can try every day to keep your blood pressure within a healthy range. The force of your blood against the walls of your arteries is measured as blood pressure. With each beats, your heart pumps blood into your arteries. Your blood pressure will be maximum if your heart is pounding and pumping blood.

Using a sphygmomanometer, often known as a blood pressure monitor, blood pressure is measured. It comprises of a monitoring device that gauges the pressure inside the inflatable cuff, which is wrapped around the arm and placed roughly level with the heart. Systolic and diastolic pressures are measured by the monitor. Devices that measure blood pressure are used to determine whether a patient has hypertension. One of the major risk factors for chronic heart conditions and strokes, the two greatest killers worldwide, is high blood pressure. The rise in significance of blood pressure monitoring equipment in home care settings and the development of cutting-edge technology are to blame for this. In addition, the ageing population, changing lifestyles, and the advent of cutting-edge technologies are the primary market drivers of blood pressure monitoring. In the upcoming years, the demand for blood pressure monitoring devices is anticipated to rise as a result of their ability to aid in the early diagnosis of a patient's worsening health. Additionally, sophisticated blood pressure monitoring equipment is available for home use and can be used to track a patient's health remotely.

The market is anticipated to increase as a result of new technologies like mHealth, which support patient treatment & medication compliance in the management of chronic diseases. It assists in keeping track of a patient's medical history, prescription regimen, and therapy follow-up. These corresponding benefits are a few of the elements anticipated to fuel expansion. The need for home monitoring devices increased as the prevalence of hypertension increased globally. Additionally, reasons promoting industrial growth include the advantages of automated devices, such as repeated BP readings to confirm accuracy and mercury device bans.

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Global Blood Pressure Monitoring Devices Market Segmentation
This study provides an analysis of the most recent market trends in each of the sub-segments from 2017 to 2032 and estimates revenue growth at the global, regional, and national levels. According to the global market report for blood pressure monitoring devices, which has been categorized by product, end use, and region for the purposes of this study:

Global Blood Pressure Monitoring Devices Market: Major Players
Yuwell
Gracemedical
Welch Allyn
Pango
Citizen
A&D
Rossmax
Kingyield
Boumi
Panasonic Corporation
Haier
Andon
GE Healthcare
NISSEI
Microlife
Healthandlife
OMRON

Global Blood Pressure Monitoring Devices Market: By Types
Blood Pressure Monitor
Sphygmomanometer

Global Blood Pressure Monitoring Devices Market: By Applications
Home
Clinic
Hospital
Others

Global Blood Pressure Monitoring Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Blood Pressure Monitoring Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Growth Factors
The primary driver of the market's pronounced growth over the projection period is the rise in hypertension cases brought on by changing lifestyles. According to data released by the World Health Organization (WHO) in 2019, hypertension affects around 1.15 billion people globally and is a major cause of premature death. Due to the expanding senior population and increased risk of lifestyle-related ailments among a large population due to an increase in sedentary lifestyle and obesity, there is a very high demand for Blood Pressure (BP) monitors.

Initiatives taken by various regional governments, such as public blood pressure (BP) monitoring programmes to raise public awareness and maintain the database established by remotely controlled BP monitors, are anticipated to further accelerate market expansion throughout the projection period. For instance, the American Medical Association (AMA) financed the Integrated Health Model Initiative (IHMI) project, which debuted a data management model in February 2019 to provide prospects for improving health outcomes.

Impact Of Covid-19
The market for blood pressure monitoring devices is significantly impacted by COVID-19. There are worries that extended stress and adverse lifestyle behaviours, such as increased alcohol and salt intake, weight gain, and sedentary lifestyle, may cause hypertension management to decline during the COVID-19 pandemic. However, because of the travel restrictions, lockdown, and production halt, the supply chain was badly damaged. In addition, most markets saw a decrease in product demand as a result of the COVID-19 epidemic, particularly the market for blood pressure monitoring equipment.

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Frequently Asked Questions About This Report
• How big is the blood pressure monitoring devices market?
• What is the blood pressure monitoring devices market growth?
• Which segment accounted for the largest blood pressure monitoring devices market share?
• Who are the key players in the blood pressure monitoring devices market?
• What are the factors driving the blood pressure monitoring devices market?

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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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