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24-Hour Ambulatory Blood Pressure Monitoring Device Market Projected to Soar to $52.20 Million by 2032 with 5.4% CAGR - Driven by Increasing Global Hypertension Prevalence

07-03-2024 03:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

With the global 24 hour Ambulatory Blood Pressure Monitoring Device market size hitting a previous high of USD 33 Million in 2023, a recent study from Dataintelo projects a continuing surge, anticipating the market to reach USD 52.20 Million by 2032. This significant expansion demonstrates a compound annual growth rate (CAGR) of 5.4% during the 2024-2032 period. The climbing figures are closely aligned with a concurrent rise in hypertension prevalence worldwide.

The increasing cases of hypertension, a condition often termed as a 'silent killer', remains a key driver of growth for the 24-hour ambulatory blood pressure monitoring device market. Ongoing management of hypertension necessitates regular monitoring, underlining an intense demand for these devices.

24-hour ambulatory blood pressure monitoring devices offer healthcare professionals an invaluable tool, delivering a comprehensive analysis of a patient's blood pressure throughout the day. As a result, they can create personalised treatment plans that are closely tailored to a patient's unique blood pressure patterns. This rising demand showcases the devices' utility in assisting healthcare providers in battling the surge of hypertension, thereby pushing the growth of the market

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/248330

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The 24 Hour Ambulatory Blood Pressure Monitoring Device market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Ordinary ABPM
โ— Mobile-based ABPM

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โ— Oscillometric
โ— Auscultatory
โ— Others

๐„๐ง๐-๐ฎ๐ฌ๐ž๐ซ
โ— Hospitals
โ— Ambulatory Surgical Centers
โ— Home Care Settings
โ— Specialty Clinics
โ— Others

๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
โ— Online
โ— Offline

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— A&D Company, Limited
โ— BOSCH + SOHN GmbH u. Co. KG
โ— Medical Information Technology, Inc
โ— Microlife Corporation
โ— Rudolf Riester GmbH
โ— Schiller
โ— Shenzhen Mindray Bio-Medical Electronics Co., Ltd
โ— ๐’๐ฉ๐š๐œ๐ž๐ฅ๐š๐›๐ฌ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž
โ— SunTech Medical, Inc
โ— SUZUKEN CO., LTD
โ— Vaso Corporation

In the 24 Hour Ambulatory Blood Pressure Monitoring Device market, segmentation has been done on various factors. One factor is the "type" where the market is grouped as Ordinary ABPM (Ambulatory Blood Pressure Monitoring) and Mobile-based ABPM. The former refers to traditional devices whereas the latter are hip and more tech-savvy, suitable for tech enthusiasts. Coming to "technology", three distinct categories are Oscillometric, Auscultatory and others. Various hospitals, ambulatory surgical centers, home care settings, and specialty clinics constitute the "end-user" sector of this market. Finally, the "distribution channel" is segmented into Offline and Online platforms depending upon the purchasing habits of the end consumers.

On the basis of regional segmentation, the market is spread across Asia Pacific, North America, Latin America, Europe, Middle East & Africa. North America has been a prominent player due to advanced healthcare infrastructure, while Asia-Pacific is showing rapid growth owing to increasing health awareness among consumers. Various key players in the market from around the globe include A&D Company, Shenzhen Mindray Bio-Medical Electronics, Medical Information Technology, Microlife Corporation, and others who greatly contribute to the global market share. These companies hold a pivotal role in the market and their strategies and developments give a direction to the market

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/248330

Market Drivers:

1. Increasing Prevalence of Hypertension: The growing prevalence of hypertension worldwide is a major driver for the ambulatory blood pressure monitoring device market. According to the World Health Organization (WHO), around 1.13 billion people globally have hypertension, which increases the risk of heart disease and stroke. The use of 24-hour ambulatory blood pressure monitoring devices allows for more accurate measurements and effective management of hypertension.

2. Advancements in Technology: Technological advancements in ambulatory blood pressure devices, such as improved accuracy, smaller and more comfortable designs, and advanced features like wireless connectivity, are making these devices more appealing to consumers and medical professionals.

3. Increasing Demand for Home-Based Monitoring Devices: With the growth of telemedicine and home-based care, especially amid the Covid-19 pandemic, there is increasing demand for home-based monitoring devices, including ambulatory blood pressure monitoring devices.

4. Increasing Awareness: Increasing awareness about the seriousness of hypertension and the importance of regular monitoring is another driver for this market. Government initiatives and programs are also helping to spread awareness.

Opportunities:

1. Developing Markets: Emerging economies such as India, China, and Brazil are offering significant growth opportunities for the ambulatory blood pressure monitoring device market due to increasing healthcare infrastructure, rising disposable income, and growing middle-class population.

2. M-health and Telemedicine: Increasing adoption of m-health and telemedicine provides ample opportunities for the integration and use of these devices.

3. AI and Machine Learning: Integration of AI and machine learning technologies can enhance the accuracy and predictive analysis of these devices, providing considerable growth opportunities.

4. Partnerships with Healthcare Providers: Companies in this market have the opportunity to form partnerships or collaborations with healthcare providers or insurance companies to increase the usage and adoption of these devices.

5. Wearable Technology: Integrating ambulatory blood pressure monitoring with wearable technology could also offer significant opportunities, with the growing popularity of smartwatches and fitness bands

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/248330

This report should ideally be bought by business executives, investors, strategists, market research analysts, marketing and sales managers, product managers, and potential new entrants in the market. It can also be useful for economists, financial analysts, business consultants, and advisors who wish to stay updated with the latest market trends and industry developments.

Dataintelo is a reliable and trustworthy market research organization. Its reports are noteworthy for their thoroughness and attention to detail. They offer data-driven insights that are backed by comprehensive market analysis. Dataintelo offers diverse coverage of various industries, and their reports help in strategic planning and influential decision making. They additionally offer bespoke research services, ensuring that their clients have access to specific data they need to propel their business forward. The customer service at Dataintelo is also commendable, they ensure a smooth purchasing process and provide prompt after-sale service. Their accurate, unbiased, and up-to-date market research makes them an excellent choice for individuals and businesses aiming to stay ahead of the competition

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

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๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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