Press release
Home Blood Pressure Monitoring Devices Market Value to Surpass US$ 1.7 Bn by 2027: TMR Study
Home Blood Pressure Monitoring Devices
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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Home blood pressure monitoring devices market to reach ~US$ 1.7 Bn by 2027 andย is projected to expand at a CAGR of ~6% from 2019 to 2027.
The growing prevalence of hypertension and rising awareness about health monitoring has boosted the home blood pressure monitoring devices market, particularly in North America where advanced products like wrist monitors are popular. However, increased competition from local manufacturers may hinder market growth in North America. Asia Pacific presents promising opportunities for companies entering the home blood pressure monitoring devices market due to its potential for growth and demand.
๐๐จ๐ฆ๐ ๐๐ฅ๐จ๐จ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
The surge in the adoption of home blood pressure monitors in developing nations to address hypertension is a key driver of growth in the global market for these devices. Developing countries like China, India, and Argentina experience higher rates of hypertension due to lifestyle changes and other factors, leading to increased demand for blood pressure monitors.
Furthermore, active promotion through online platforms such as Amazon, Alibaba, and local retailers, along with growing awareness of the benefits of home blood pressure monitoring, further accelerates market expansion. Additionally, innovations in blood pressure monitoring technology, including wearable diagnostic devices and multifunctional tools for cardiovascular conditions, contribute to the overall growth of the global home blood pressure monitoring devices market.
๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Omron Healthcare, Inc.,A&D Medical,Welch Allyn, Inc. (Hill-Rom Holdings, Inc.),SunTech Medical, Inc. (Halma plc),Rossmax International Ltd.,Koninklijke Philips N.V.,Beurer GmbH,Qardio, Inc.,,Spengler SAS,,American Diagnostic Corporation
๐๐จ๐ฆ๐ ๐๐ฅ๐จ๐จ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฑ๐จ๐ง๐จ๐ฆ๐ฒ
Product
Upper Arm Monitors
Wrist Monitors
Accessories
Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Stores
Others
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ:
Drivers:
Increasing incidence of hypertension, rising geriatric population, growing preference for home-based healthcare solutions, technological advancements in monitoring devices.
Challenges:
Lack of awareness among certain population segments, concerns regarding device accuracy and reliability, regulatory hurdles in some regions.
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=70611<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Integration of smart technology for real-time monitoring and data analysis.
Development of wearable devices for continuous blood pressure monitoring.
Adoption of telemedicine platforms for remote monitoring and consultation.
Geographic Overview:
The global market for home blood pressure monitoring devices is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, with further divisions into major countries and sub-regions.
The report provides current and projected market sizes in terms of revenue (US$ Mn) for the period of 2017 to 2027, along with their Compound Annual Growth Rates (CAGRs) from 2019 to 2027. Additionally, the study offers recommendations, highlights, and insights for both new entrants and existing companies in order to enhance their market shares and aid in decision-making processes within the home blood pressure monitoring devices market.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
-Understanding consumer preferences and purchasing behavior.
-Evaluating the impact of regulatory changes on market dynamics.
-Analyzing the competitive landscape and identifying key players and market strategies.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐ฌ๐๐ซ ๐๐ญ๐ก๐๐ซ๐๐๐ญ๐จ๐ฆ๐ฒ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/08/2623536/0/en/Laser-Atherectomy-Devices-Market-Value-to-Surpass-US-345-4-Mn-by-2031-as-per-TMR-Report.html
๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐๐ก๐ข๐ง๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/08/2623460/0/en/Textile-Machinery-Market-Value-to-Reach-US-41-2-Bn-by-2031-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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