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Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Size, Upcoming Trends, Key Players, Revenue, Overview and Forecast 2031

11-21-2023 05:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market

The global ambulatory blood pressure monitoring devices market revenue was valued at US$ 161.8 million in 2021 and is expected to reach US$ 309.9 million by 2031. The market is expected to grow at a CAGR (Compound Annual Growth Rate) of 6.7% during the forecast period from 2022 to 2031.

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Ambulatory Blood Pressure Monitoring (ABPM) devices that monitor ambulatory blood pressure are made to measure blood pressure accurately while minimizing the effects of white coat hypertension. It monitoring measures blood pressure throughout a 24-hour day to ascertain whether hypertension is present. The cuff of this portable blood pressure monitor is fastened around the upper arm of the body and worn like a belt.

Factors Influencing Market Growth

Increasing numbers of people with high blood pressure and cases of white coat hypertension is driving up demand for ambulatory blood pressure monitors.

The rise in the geriatric population and the rise in the number of hypertension cases increases the demand for portable monitoring equipment. Thus, this factor boosts the market.

Technological advancements in ambulatory blood pressure monitoring devices are anticipated to drive the demand of the market.

The presence of numerous important players who offer these devices. Thus, this factor drives market expansion.

The initiatives taken by governments of various nations to raise public awareness propel the market's expansion.

COVID-19 Pandemic Effect on Market Growth

The COVID-19 pandemic had a positive impact on the market. The pandemic raised the need for remote monitoring systems in healthcare facilities like hospitals and nursing homes. Monitoring blood pressure was essential for infected and vulnerable individuals during COVID-19 to detect hypoxia. As a result, the demand for ambulatory blood pressure monitoring devices increased due to the increased use of ambulatory blood pressure for patient monitoring. This demand is also anticipated to continue to expand throughout the forecast period.

Regional Analysis

North America accounted for the largest market share for ambulatory blood pressure monitoring devices and is predicted to retain its dominance during the forecast period due to a rise in product launches and a rise in regulatory approvals.

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However, Asia-Pacific is anticipated to see the greatest CAGR due to a surge in the prevalence of hypertension and the existence of cutting-edge healthcare infrastructure.

Leading Competitors
The leading companies in the ambulatory blood pressure monitoring devices market are:
Bosch & Sohn Gmbh & Co. Kg
BPL LTD.
CONTEC MEDICAL SYSTEMS CO. LTD.
GE Healthcare (A Healthcare Division Of GE Company)
Halma plc.
Baxter (Hill Rom Holdings, Inc.)
Omron Corporation
OSI Systems, Inc. (Spacelabs Healthcare, Inc.)
SCHILLER AG
Vaso Corporation
Others
Segmentation Analysis
The global ambulatory blood pressure monitoring devices market segmentation focuses on Product, End User, and Region.
Segmentation Based on Product
Wrist ABPM Devices
Arm ABPM Devices
Segmentation Based on End User
Ambulatory Surgical Centers (ASCs)
Hospitals
Others

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Segmentation Based on Region
North America
U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe

Asia-Pacific
China
India
Japan, South Korea
ASEAN
Rest of Asia-Pacific

Middle East & Africa (MEA)
Brazil
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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Table of Content

Chapter 1: Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Ambulatory Blood Pressure Monitoring (ABPM) Devices market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Ambulatory Blood Pressure Monitoring (ABPM) Devices market Size Forecast (2023-203).

Continue….

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of Ambulatory Blood Pressure Monitoring (ABPM) Devices market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the Ambulatory Blood Pressure Monitoring (ABPM) Devices market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the Ambulatory Blood Pressure Monitoring (ABPM) Devices market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate Ambulatory Blood Pressure Monitoring (ABPM) Devices business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

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About Report Ocean:

Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

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