Home Blood Pressure Monitors Market to Receive Overwhelming Growth at CAGR 6.85%, Industry Trends, Future Growth and Revenue Outlook 2023-2030

According to the market study of  Home Blood Pressure Monitors Market document, new highs are possible in the market for the year 2023-2030. Competitive analysis section in this business report covers the strategies used by the major competitors in the market that perks up their penetration in the market. These strategies include new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. This report gives estimations of Compound Annual Growth Rate (CAGR) in % value for the forecasted period that will assist client to take decision based on futuristic chart. Major industry trends, estimations of market size and market share are also analyzed and examined in the credible Home Blood Pressure Monitors Market survey report.

Home Blood Pressure Monitors Market research report contains the most recent market information with which companies can get in depth analysis of Healthcare industry and future trends. Wide-ranging evaluation of the market growth predictions and restrictions has also been studied in this report. This market report offers wide-ranging analysis of the market structure for Healthcare industry along with estimations of the various segments and sub-segments of the market. It offers key measurements, status of the manufacturers and proves to be a significant source of direction for the businesses and organizations. With an international Home Blood Pressure Monitors Market report business can construct a strong organization and make better decisions that take business towards the great level of success.

Data Bridge Market Research analyses that the home blood pressure monitors market was valued at USD 2.89 billion in 2022 and is expected to reach USD 4.91 billion by 2030, growing at a CAGR of 6.85% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Home blood pressure monitoring devices is a self-monitoring device which is used to access blood pressure in patients suffering from hypertension and major guidelinesmajor guidelines suggest it suggest it. This home-based device is used to calculate improved control blood pressure, helps predict cardiovascular risk, and the diagnosis of white blood pressure. All home blood pressure monitoring devices require validation to reduce inaccurate readings.

Home Blood Pressure Monitors Market Dynamics

Drivers

Growing Quality Healthcare At Home

With the initiation of remote patient monitoring technologies, the detection of minute changes in the patient's physiological data can be addressed. Consequently, re-admissions and avoidable hospitalizations are minimized. Additionally, these technologies decrease the number of visits to physicians and the travel-related costs related to receiving quality medical care. Furthermore, Ambulatory BP monitoring (ABMP) is extensively used to measure out-of-office BP readings at particular time intervals, in 24 hours. It offers a great way to predict long-term CVD outcomes. If these technologies are properly implemented, it can widely increase access to quality healthcare while saving money and time in the short and long run. Thus, home based monitoring is largely helping people.

High Accuracy of Manual Sphygmomanometers

Manual blood pressure monitors offer more accurate readings than other devices. They also help in confirming the patient's diagnosis of hypertension. As per the latest research articles, high blood pressure is a major burden globally, with death rates of around 13% to 14%. Sphygmomanometers provide accurate blood pressure measurements and early diagnosis, averting additional severe health conditions which can lead to death. Thus, this factor help in increasing the market growth.

Some of the major players operating in the home blood pressure monitors market are:

A & D Medical (India)
Welch Allyn (U.S.)
Koninklijke Philips N.V. (Netherlands)
General Electric (U.S.)
Suntech Medical (India)
Omron (Japan)
Beurer GmbH (Germany)
Paul Hartmann AG (Germany)
Microlife Corporation (Switzerland)
American Diagnostic (U.S.)
Rossmax International (Japan)
Rudolf Riester GmbH (Germany)
Briggs Healthcare (U.S.)
Terumo Corporation (Japan)
Medtronic (Ireland)
Abbott (U.S.)
Mindray Medical India Pvt. Ltd.  (China)
LifeWatch AG (Switzerland)
NIHON KOHDEN CORPORATION (Japan)

Recent Developments

In 2022, LiveMetric launched LiveOne, a nano-sensor technology used to monitor blood pressure every 10 seconds. LiveOne is a wrist-worn, cuff-free solution that gives real-time measurements for better management of people suffering from hypertension and other cardiovascular disorders.
In 2022, InBody launched the InBody BP 170 blood pressure monitor, a new at-home automatic blood pressure monitor with a large display for optimal visibility.

Global Home Blood Pressure Monitors Market Scope

The home blood pressure monitors market is segmented on the basis of type, product and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type  

Upper Arm Monitors
Wrist Monitors
Accessories

 Product

Sphygmomanometers
Digital BP Monitor
Ambulatory BP Monitors

Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Online Stores

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