Press release
Home Blood Pressure Monitors Market, By Type (Upper Arm Monitors, Wrist Monitors, Accessories),growing at a CAGR of 6.85%
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.View Detailed Report: https://www.databridgemarketresearch.com/reports/global-home-blood-pressure-monitors-market
As per the data published by the World Health Organization in 2019, about 1.28 billion people globally suffered from hypertension, which is considered to be the major cause of premature death all over the world. The demand for BP monitors is very high due to this. Self-measured home blood pressure monitoring was greatly essential even before the COVID-19 pandemic, and it is even more significant now to keep blood pressure under control.
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.
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)
Opportunities
Increasing Advancements of BP monitoring Devices
Several advancements such as mobile-based BP monitoring systems and digital sphygmomanometer is projected to increase the demand. The increasing improvement in devices for measuring blood pressure such as mobiles and wearable & portable devices are gaining much popularity due to its related benefits such as easy handling and the wireless transmission of patient information. New technologies such as mHealth that supports treatment and medication compliances for patients in chronic disease management will likely boost the industry's growth. It helps in tracking the medication schedule, patient's health information, and follow-up for the treatment. Furthermore, Hillrom announced in February 2021 that it acquired contact-free continuous monitoring technology from EarlySense for approximately USD 30 million. This deal is likely upgrade the company to develop next generation AI-based sensing technologies, particularly for the remote patient care market. These factors tend to increase the market growth.
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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