September 23, 2021
Blood Pressure Monitoring Devices

Blood Pressure Monitoring Devices Market Value to Cross US$ 2.99 Bn by 2027

The global blood pressure monitoring devices market value is expected to reach US$ 2.99 Billion by the end of 2027, decelerating at a CAGR of 10.2% from 2020 to 2027. The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global blood pressure monitoring devices market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global blood pressure monitoring devices market research report gives a brief summary of definitions, size analysis and place of production, sales, applications, types, and major players/key vendors of the blood pressure monitoring devices industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Blood pressure is considered as an essential indication for assessment of physiological condition. Blood pressure measurement is one of the most commonly conducted diagnostic tests across the world that depicts the pumping efficiency of the heart, change in blood volume, and the resistance of peripheral vasculature. Blood pressure monitoring device non-invasively measures the blood pressure and displays the numerical data depending on their configuration.

Get the Sample Pages of Report for More Understanding@ https://www.precedenceresearch.com/sample/1090

Growth Factors

The demand for blood pressure monitoring devices is analyzed to spur in the forthcoming years, as they provide early diagnosis of a patient’s deteriorating health condition. Furthermore, advanced blood pressure monitoring devices are intended for personal use that helps to track the status of a patient’s health remotely. In addition, rise in the incidence of chronic diseases along with rapid increase in geriatric population projected to spur the market growth prominently over the analysis period. Increase in healthcare expenditure in developing countries as well as high demand for proactive monitoring anticipated to offer lucrative opportunities for the market players.

On the contrary, lack of awareness about healthcare devices and their benefits in the developing regions anticipated to hamper the market growth. Nonetheless, increasing modernization and urbanization across the globe has remarkably reduced the physical activities that finally lead to spur the rate of hypertension and cardiovascular disorder. This in turn, creates alluring opportunity for the market to seek hike in the coming years.

Report Highlights

  • North America led the global market with nearly 50% of value share attributed to the developed healthcare infrastructure in the region
  • Asia Pacific shows attractive growth opportunity in the coming years due to rising level health awareness among people and increasing investment from manufacturers
  • Based on product, aneroid BP monitors/ sphygmomanometers segment dominated the global market with more than 42% value share in 2019 due to technological advancements along with new product launches
  • Blood pressure cuffs anticipated to grow at a rapid rate over the analysis period because of rising usage of blood pressure monitors backed by the increasing incidences of high blood pressure
  • By end-use, hospitals & clinics segment addressed the largest market value share in the year 2019 attributed to the presence of large patient pool.
  • Home healthcare registers the fastest growth of around 12.9% over the analysis period due to increasing availability of smart wearables that provide mobility as well as cost-efficient option for the homecare application

Regional Snapshots

In 2019, North America emerged as the global leader in the blood pressure monitoring devices market with around 50% value share due to significant investment for the development of effective and accurate BP monitors in the region. Moreover, new product launch coupled with technology advancement are the other most prominent factors to propel the market growth. For instance, in May 2018, Hill-Rom introduced Welch Allyn home blood pressure monitoring device and other digital scale products in the United States. Rising preference for home healthcare along with increasing awareness about the significance of early diagnosis of cardiac &hypertension diseases further predicted to boost the market growth.

On the other hand, Asia Pacific is expected to project lucrative CAGR in the coming years. The significant growth of the region is mainly because of increasing investments by manufacturers, the presence of untapped opportunities, growing awareness related to health & rising incidences of hypertension. Rapid improvement in the healthcare facilities along with the rising number of untreated & undiagnosed cases of high BP are the key factors attributed to be market growth in the region.

Key Players & Strategies

The global blood pressure monitoring devices market is highly competitive in nature due to price sensitivity of the product as well as large number of players involved in the market. These players adopt collaborative, strategic alliances, merger & acquisition, partnership, and other inorganic growth strategies to sustain their competitive edge in the market. In addition, the growth of the BP monitoring device industry is directly related to the increasing investments from manufacturers to develop innovative, cost-effective, and easy to use product. For instance, in February 2019, PhysIQ Inc. collaborated with Omron Healthcare for the integration of HeartGuide wearable blood pressure monitor of Omron Healthcare into pinpointIQ platform used for outpatient facilities. Such initiatives from the industry participants expected to present lucrative opportunities in the market.

Certain of the noticeable performers in the blood pressure monitoring devices market as follows:

  • Koninklijke Philips N.V.
  • General Electric Company
  • A & D Company, Limited
  • SunTech Medical, Inc.
  • Welch Allyn
  • American Diagnostic Corporation
  • Briggs Healthcare
  • Withings
  • Spacelabs Healthcare
  • GF HEALTH PRODUCTS, INC.
  • Kaz, A Helen of Troy Company
  • Rossmax International Limited
  • Microlife Corporation

Segments Covered in the Report

By Product

  • Digital Blood Pressure Monitor
    • Wrist
    • Arm
    • Finger
  • Sphygmomanometer
  • Ambulatory Blood Pressure Monitor
  • Instruments & Accessories
    • Blood pressure cuffs
      • Reusable
      • Disposable
    • Others
  • Transducers
    • Reusable
    • Disposable

By End-Use

  • Ambulatory Surgical Centers & Clinics
  • Hospitals
  • Home Healthcare

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Blood Pressure Monitoring Devices Market, By Product

7.1. Blood Pressure Monitoring Devices Market, by Product Type, 2020-2027
7.1.1. Digital Blood Pressure Monitor (Wrist, Arm, Finger)
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Sphygmomanometer
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Ambulatory Blood Pressure Monitor
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Instruments & Accessories
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Transducers

Chapter 8. Global Blood Pressure Monitoring Devices Market, By End-Use

8.1. Blood Pressure Monitoring Devices Market, by End-Use, 2020-2027
8.1.1. Ambulatory Surgical Centers & Clinics
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Hospitals
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Home Healthcare
8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Blood Pressure Monitoring Devices Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by End-Use (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by End-Use (2016-2027)

Chapter 10. Company Profiles

10.1. Koninklijke Philips N.V.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. General Electric Company
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. A & D Company, Limited
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. SunTech Medical, Inc.
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Welch Allyn
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. American Diagnostic Corporation
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Briggs Healthcare
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Withings
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Spacelabs Healthcare
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. GF HEALTH PRODUCTS, INC.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Kaz, A Helen of Troy Company
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. Rossmax International Limited
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives
10.13. Microlife Corporation
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

Purchase This Premium Research Report @ https://www.precedenceresearch.com/checkout/1090

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Bloghttps://precedenceresearchnews.wordpress.com

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

View all posts by Precedence Research →

Leave a Reply

Your email address will not be published. Required fields are marked *