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Blood Pressure Monitoring Devices Market Analysis (2023- 2032): Segment Outlook, Future Business Opportunities, International Expansion And Major Players | Rossmax International Ltd., Koninklijke Philips N.V., SunTech Medical Inc., Graham-field Health Pro
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Blood Pressure Monitoring Devices Market Size, Growth Rate, And Forecast:
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%.
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Blood Pressure Monitoring Devices Market Drivers:
The rising incidences of hypertension will boost the blood pressure monitoring devices market. Hypertension, also known as high blood pressure, is a medical condition in which the force of the blood against the walls of the arteries is consistently elevated, leading to 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.
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Blood Pressure Monitoring Devices Market Segments:
By Product Type: Digital Blood Pressure Monitor, Sphygmomanometer, Ambulatory Blood Pressure Monitor, Instruments And Accessories, Transducers
By Technology: Digital, Aneroid, Wearable
By End User: Hospitals, Home-Care Settings, Ambulatory Surgical Centers, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Blood Pressure Monitoring Devices Market.
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Blood Pressure Monitoring Devices Market Key Players
Major competitors in the Blood Pressure Monitoring Devices Market include Rossmax International Ltd., Koninklijke Philips N.V., SunTech Medical Inc., Graham-field Health Products Inc., Welch Allyn Inc.
The Business Research Company's "Global Blood Pressure Monitoring Devices Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Blood Pressure Monitoring Devices Market Include:
1. Executive Summary
2. Blood Pressure Monitoring Devices Market Characteristics
3. Blood Pressure Monitoring Devices Market Trends And Strategies
4. Blood Pressure Monitoring Devices Market - Macro Economic Scenario
5. Blood Pressure Monitoring Devices Market Size And Growth
……
26. Africa Blood Pressure Monitoring Devices Market
27. Blood Pressure Monitoring Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blood Pressure Monitoring Devices Market
29. Blood Pressure Monitoring Devices Market Future Outlook and Potential Analysis
30. Appendix
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