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Rising Prevalence Of Chronic Illnesses Fueling Growth In The Sphygmomanometer Market: The Driving Engine Behind Sphygmomanometer Market Evolution in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Sphygmomanometer Market Size Growth Forecast: What to Expect by 2025?
In recent times, the sphygmomanometer market has experienced considerable growth. This market has forecasted expansion from $2.98 billion in 2024 to $3.22 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.3%. The expansion during the historic period is a result of various factors including the growth in the construction industry, demand from the agricultural sector, enhanced versatility and reach, infrastructural projects, material handling efficiency, and the demands of the rental market.
How Will the Sphygmomanometer Market Size Evolve and Grow by 2029?
In upcoming years, rapid expansion is anticipated in the sphygmomanometer market. It is projected to reach $4.84 billion by 2029, with a 10.7% compound annual growth rate (CAGR). The predicted growth spurt during the forecasted period can be linked to factors such as renewable energy initiatives, urban development and vertical construction, precision farming methods, a thrust on environmental sustainability, adherence to safety standards, and global economic rebound. Significant trends forecasted for this period involve product innovation, compact and maneuverable designs, electrified and hybrid models, the incorporation of telematics and Internet of Things (IoT), and the usage of high-strength materials.
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What Drivers Are Propelling the Growth of Sphygmomanometer Market Forward?
The surge in cases of chronic diseases such as diabetes, hypertension, and ischemic heart disease is predicted to stimulate the expansion of the sphygmomanometer market. These chronic diseases are enduring health conditions that require consistent medical attention and management. Sphygmomanometers serve a crucial role in managing these chronic diseases, offering the ability to diagnose and monitor other cardiovascular conditions and recognize the secondary causes of hypertension like renal artery stenosis or pheochromocytoma through fluid overload tracking. For example, the Journal of the American College of Cardiology (JACC), a peer-reviewed medical journal from the US, disclosed in December 2022 that ischemic heart disease led to 9.44 million cardiovascular deaths in 2021. Furthermore, hypertensive heart disease and pulmonary arterial hypertension were responsible for 1.41 million and 23,300 deaths respectively. Consequently, the rising occurrences of chronic diseases like diabetes, hypertension, and ischemic heart disease are fueling the expansion of the sphygmomanometer market.
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Which Emerging Trends Are Transforming the Sphygmomanometer Market in 2025?
Prominent businesses in the sphygmomanometer market are centering their efforts on the creation of innovative offerings, like automatic blood pressure monitors, to sharpen precision, enrich the customer experience, and support continual tracking of blood pressure for improved hypertension and cardiovascular health control. These automatic blood pressure monitors are electronic devices that utilize an inflatable cuff and oscillometric technology to deliver accurate metrics of systolic and diastolic pressures, alongside the pulse rate, for uncomplicated self-monitoring at home. For example, in February 2022, InBody, a firm from South Korea that specializes in body composition technology, introduced BP 170. The BP 170 is an automatic blood pressure monitoring device crafted for domestic use that uses oscillometric innovation to supply precise readings of systolic and diastolic blood pressure along with pulse rate. It boasts a one-touch cuff that's easy to apply, a wide display for improved visibility, and the capacity to preserve readings for several users, making it perfect for monitoring the health of the whole family. Furthermore, the device has clinical validation, ensuring dependability of results that can aid users in effectively managing their cardiovascular health.
What Are the Key Segments in the Sphygmomanometer Market?
The sphygmomanometer market covered in this report is segmented -
1) By Product: Electronic Sphygmomanometer, Aneroid Sphygmomanometer, Mercury Sphygmomanometer
2) By Configuration: Portable, Desk Mounted, Floor Standing, Wall Mounted
3) By Operation: Electric, Manual, Automatic, Semi-automatic
4) By End User: Hospitals, Ambulatory Surgical Centers And Clinics, Home Healthcare, Other End Users
Subsegments:
1) By Electronic Sphygmomanometer: Upper Arm Electronic Sphygmomanometer, Wrist Electronic Sphygmomanometer, Finger Electronic Sphygmomanometer
2) By Aneroid Sphygmomanometer: Manual Aneroid Sphygmomanometer, Digital Aneroid Sphygmomanometer
3) By Mercury Sphygmomanometer: Standard Mercury Sphygmomanometer, Portable Mercury Sphygmomanometer
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Who Are the Key Players Shaping the Sphygmomanometer Market's Competitive Landscape?
Major companies operating in the sphygmomanometer market include 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 Geographic Markets Are Powering Growth in the Sphygmomanometer Market?
North America was the largest region in the sphygmomanometer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global sphygmomanometer market during the forecast period. The regions covered in the sphygmomanometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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