Press release
Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Expected to Reach USD 2.4 Billion by 2032, Growing at a CAGR of 8.5%: A Surge Strengthened by Rising Health Awareness
The global Ambulatory Blood Pressure Monitoring (ABPM) Devices market size grew to a valuation of USD 1.1 billion in 2023, and is expected to nearly double to hit USD 2.4 billion by 2032, with a commendable Compound Annual Growth Rate (CAGR) of 8.5% in the forecast period of 2024-2032, according to the latest report from Dataintelo. This significant expansion can be primarily attributed to the increasing awareness regarding the benefits of regular health check-ups.Rising consciousness about the importance of routine health assessments and the requirement for sophisticated diagnostic tools have been significant drivers for the growth of the ABPM devices market. These devices, providing continuous monitoring of blood pressure levels, are gaining immense popularity in the healthcare sector. This can be owed to the comprehensive and accurate assessment of blood pressure levels offered by them over 24 hours, which marks an evident advantage compared to conventional in-office measurements.
ABPM devices have proved to be crucial in diagnosing and managing conditions such as hypertension and other cardiovascular diseases. This utilization underscores the need and demand for such advanced medical devices in the present global health landscape. As preventive health care becomes more of a standard than an option, the ABPM devices market looks set for impressive growth in the years to come, driven by advancements in technology and a growing focus on personal health management
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/80424
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The ambulatory blood pressure monitoring (ABPM) devices market has been segmented on the basis of๐๐๐ฏ๐ข๐๐ ๐๐ฒ๐ฉ๐
โ Arm ABPM Devices
โ Wrist ABPM Devices
โ Dual Sensors
๐๐ฉ๐๐ซ๐๐ญ๐ข๐จ๐ง
โ Manual
โ Automatic
โ Semi-automatic
๐๐จ๐ง๐๐ข๐ ๐ฎ๐ซ๐๐ญ๐ข๐จ๐ง
โ Desk Mounted
โ Portable
โ Wall Mounted
โ Floor Standing
๐๐ง๐-๐ฎ๐ฌ๐๐ซ
โ Hospitals
โ Ambulatory Surgical Centers (ASCs)
โ Clinics
โ Home Care Settings
โ Others
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ ๐&๐๐ฆ๐ฉ;๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ, ๐๐ข๐ฆ๐ข๐ญ๐๐
โ Baxter
โ Beurer
โ BOSCH + SOHN GmbH u. Co. KG.
โ BPL Limited
โ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐., ๐๐๐
โ ForaCare, Inc.
โ GE HealthCare
โ iHealth Labs Inc
โ Koninklijke Philips N.V.
โ OMRON Corporation
โ OSI Systems, Inc.
โ Vaso Corporation
Segment Analysis:
The ambulatory blood pressure monitoring (ABPM) devices market includes various types of devices such as arm ABPM devices, wrist ABPM devices, and dual sensors. Among these, the arm ABPM devices are widely used due to their high accuracy and comfort. However, the adoption of wrist ABPM devices and dual sensors is increasing due to their user-friendliness and enhanced technology. Based on operations, the market is divided into manual, automatic, and semi-automatic devices. The automatic devices are gaining popularity due to their easy handling and efficient blood pressure monitoring. The market is further classified based on configuration into desk mounted, portable, wall-mounted, and floor standing devices. The rise in demand for home-based monitoring is boosting the portable devices segment.
In terms of end-users, the market consists of hospitals, ambulatory surgical centers (ASCs), clinics, home care settings, and others. Hospitals account for a significant share due to the high number of patients admitted for blood pressure-related issues. However, the demand in ASCs, clinics, home care settings is also expected to grow owing to convenience, easy access, and increased adoption of telemedicine and remote patient monitoring. The market is populated with many key players including A&D Company, Limited, Baxter, Beurer, BOSCH + SOHN GmbH u. Co. KG., BPL Limited, CONTEC MEDICAL SYSTEMS CO., LTD, ForaCare, Inc., GE HealthCare, iHealth Labs Inc, Koninklijke Philips N.V., OMRON Corporation, OSI Systems, Inc., and Vaso Corporation.
Regional Analysis:
Regionally, the ABPM devices market is geographically distributed across Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America dominates the market due to advanced healthcare infrastructure, high awareness levels about hypertension and its management, and higher spending capacity. Europe follows North America in terms of the market share, driven by the high prevalence of cardiovascular diseases and increased healthcare expenditure.
However, Asia Pacific is projected to witness significant growth driven by the growing incidence of hypertension, rapid urbanization, improving healthcare infrastructure, and growing awareness about the importance of regular blood pressure monitoring in preventing chronic diseases. Meanwhile, the markets in Latin America and the Middle East & Africa are expected to witness steady growth, supported by improving healthcare facilities and growing health awareness among the population
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/80424
Market Drivers for Ambulatory Blood Pressure Monitoring (ABPM) Devices Market:
1. Rising prevalence of hypertension: As the number of people affected by hypertension continues to rise globally, this increases the demand for ABPM devices.
2. Increasing awareness about preventive healthcare: Heightened health consciousness and lifestyle changes promote preventive healthcare, which in turn increases the demand for ABPM devices.
3. Technological advancements: The advent of innovative and technologically advanced devices with improved features and functionalities drives the demand for these devices.
4. Supportive government policies: Increased government support and regulatory guidelines for medical devices also act as a key driver for the ABPM device market.
5. Increasing geriatric population: Old age is a major risk factor for hypertension. As the global geriatric population continues to rise, the demand for ABPM devices is expected to grow.
Opportunities for Ambulatory Blood Pressure Monitoring (ABPM) Devices Market:
1. Expansion in emerging markets: Developing countries present significant growth opportunities due to growing healthcare infrastructure and increasing per capita healthcare expenditure.
2. Collaboration and partnerships: Collaborations between companies for product development, marketing and distribution could create new opportunities in the market.
3. Home-based healthcare: As the trend toward home-based healthcare increases, the demand for portable and easy-to-use ABPM devices is likely to grow.
4. Increase in healthcare expenditure: With an increase in healthcare budgets globally, the opportunity for ABPM device markets might significantly grow.
5. Remote patient monitoring: With the development of telemedicine and smart healthcare systems, the usage of ABPM devices in remote patient monitoring systems offers ample opportunities for growth
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/80424
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