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Digital or Electrical Sphygmomanometer Market Report, Size, Share, Growth, Trends, Forecast to 2033
Digital or Electrical Sphygmomanometer Market
The new report published by The Business Research Company, titled Digital Or Electrical Sphygmomanometer Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the digital or electrical sphygmomanometer market size has grown rapidly in recent years. It will grow from $1.02 billion in 2023 to $1.14 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The digital or electrical sphygmomanometer market size is expected to see rapid growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%.
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What Is Driving The Growth Of The Global Digital Or Electrical Sphygmomanometer Market?
Rising Hypertension Incidence Drive Growth In The Digital Or Electrical Sphygmomanometer Market
The rising incidence of hypertension is expected to propel the growth of the digital or electrical sphygmomanometer market going forward. Hypertension is a medical condition where the force of blood against the artery walls is consistently too high, leading to health complications. High sodium intake, often from processed foods, raises blood pressure by causing water retention, which increases blood volume and strains the heart and blood vessels. Digital sphygmomanometers improve hypertension care's accuracy, simplicity, and effectiveness by providing consistent measures, home monitoring capabilities, and data recording features. For instance, in January 2024, according to a report published by the American Heart Association, a US-based nonprofit organization focused on cardiovascular medical research, there were 124,508 deaths in the US primarily caused by high blood pressure in 2021. Furthermore, in January 2023, according to a report published by the American Heart Association, a US-based nonprofit organization focused on cardiovascular medical research, there were 119,997 deaths in the US in 2020, mainly due to high blood pressure. Therefore, the rising incidence of hypertension drives the growth of the digital or electrical sphygmomanometer market.
What Is The Key Trend In The Global Digital Or Electrical Sphygmomanometer Market?
Advancements In Automatic Blood Pressure Monitors For Enhanced Health Monitoring
Major companies operating in the digital or electrical sphygmomanometer market are focused on developing advanced products, such as automatic blood pressure monitors, to provide real-time health monitoring capabilities. An automatic blood pressure monitor measures blood pressure by inflating the cuff and detecting arterial blood flow, digitally displaying systolic and diastolic readings. For instance, in February 2022, InBody Pvt. Ltd., a South Korea-based medical technology company, launched the BP 170. This automatic blood pressure monitor utilizes a patented one-touch cuff and oscillometric method to measure systolic and diastolic blood pressure and pulse rate accurately. It features a large screen for easy readability. It syncs with the InBody mobile app, which allows users to track their health progress over time. The device meets the ISO 81060-2:2018 standard, ensuring reliability and accuracy. It also detects irregular pulse rates, early morning hypertension, and improper cuff positioning, enhancing home health monitoring.
How Is The Global Digital Or Electrical Sphygmomanometer Market Segmented?
The digital or electrical sphygmomanometer market covered in this report is segmented -
1) By Product Type: Upper Arm, Wrist Type
2) By Technology: Full Automatic, Semi Automatic
3) By Portability: Portable, Non-Portable
4) By End-User: Hospitals And Clinics, Ambulatory Care Centers, Home Care Settings, Other End-Users
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How Is The Competitive Landscape Of The Global Digital Or Electrical Sphygmomanometer Market?
Major companies operating in the digital or electrical sphygmomanometer market are Omron Healthcare Inc., Smiths Group, Welch Allyn Inc., Contec Medical Systems Co.Ltd., Beurer GmbH, SCHILLER AG, BPL Medical Technologies, Microlife Corporation, SunTech Medical Inc., Rossmax International Ltd., Rudolf Riester GmbH, iHealth Labs Inc., Citizen Systems Japan Co. Ltd., American Diagnostic Corporation, GPC Medical Ltd., A&D Company Limited, Bremed Ltd., Nissei Co. Ltd., Timesco Healthcare Ltd., ChoiceMMed, Ozeri, Panasonic Healthcare Co. Ltd., Zewa Medical Technology
Contents Of The Global Digital Or Electrical Sphygmomanometer Market
1. Executive Summary
2. Digital Or Electrical Sphygmomanometer Market Report Structure
3. Digital Or Electrical Sphygmomanometer Market Trends And Strategies
4. Digital Or Electrical Sphygmomanometer Market - Macro Economic Scenario
5. Digital Or Electrical Sphygmomanometer Market Size And Growth
…..
27. Digital Or Electrical Sphygmomanometer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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