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Sphygmomanometer Global Market Set for Robust Growth, to Reach $3.22 Billion in 2025 with CAGR of 8.3%
Sphygmomanometer Global Market
What Is The Projected Market Size Of The Global Sphygmomanometer Global Market Report 2025 And Its Growth Rate?
- The market size has grown strongly, from $2.98 billion in 2024 to $3.22 billion in 2025
- The compound annual growth rate (CAGR) between these years is 8.3%
- The market is expected to expand further, reaching $4.84 billion by 2029 with a CAGR of 10.7%
What Is Driving The Growth In The Sphygmomanometer Global Market Report 2025?
The growing prevalence of chronic illnesses, including diabetes, hypertension, and ischemic heart disease, has been a major factor propelling growth in the sphygmomanometer market. This is due to the need for continuous medical management of such conditions. Sphygmomanometers are essential tools for managing chronic illnesses, enabling effective diagnosis, monitoring of cardiovascular conditions, and identification of secondary causes of hypertension. The increasing demand for sphygmomanometers is accentuated by numerous health statistics. For instance, ischemic heart disease accounted for 9.44 million cardiovascular deaths in 2021 alone, with an additional 1.41 million and 23,300 deaths from hypertensive heart disease and pulmonary arterial hypertension, respectively.
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Who Are the Key Players Driving Sphygmomanometer Global Market Report 2025 Growth?
- A&D Company Ltd.
- American Diagnostic Corporation
- Omron Healthcare Inc.
- Microlife Corporation
- Acoma Medical Industry Co. Ltd.
- Beurer GmbH
- General Electric Company
- Amico Group of Companies
- CIGA Healthcare Ltd.
- HEINE Optotechnik GmbH and Co. KG
- Rossmax International Ltd.
- Rudolf Riester GmbH
- Welch Allyn Inc.
- Koninklijke Philips N.V.
- Paul Hartmann AG
- 3B Scientific
- Hill-Rom Services Inc.
- Sklar Surgical Instruments
- Spengler
- Holtex Ltd.
- Timesco Healthcare Ltd.
- Bremed Ltd.
- iHealth Labs Inc.
- Contec Medical Systems Co. Ltd.
- Halma plc
- SunTech Medical Inc.
What Are The Key Trends In The Sphygmomanometer Global Market Report 2025?
- Product innovation for better patient experience and accuracy
- Compact and maneuverable design developments
- Introduction of electric and hybrid models
- Integration of telematics and Internet of Things (IoT)
- Use of high-strength materials
What Are The Segments Of The Global Sphygmomanometer Global Market Report 2025?
- By Product: Electronic Sphygmomanometer, Aneroid Sphygmomanometer, Mercury Sphygmomanometer
- By Configuration: Portable, Desk Mounted, Floor Standing, Wall Mounted
- By Operation: Electric, Manual, Automatic, Semi-automatic
- By End User: Hospitals, Ambulatory Surgical Centers And Clinics, Home Healthcare, Other End Users
Which Region Leads The Sphygmomanometer Global Market Report 2025?
As of 2024, North America led the global sphygmomanometer market. However, over the forecast period, Asia-Pacific is expected to be the fastest-growing region. The report covers different regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Sphygmomanometer Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Sphygmomanometer Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sphygmomanometer Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sphygmomanometer Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sphygmomanometer Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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