Blood Pressure Monitoring Devices Market Outlook

Blood pressure (BP) monitoring devices are machines that are utilized to measure the BP of an individual accurately. They comprise of an inflatable cuff, a pump, and an air pressure sensor. The inflated cuff is placed on the left arm of the user, which releases and collapses the artery beneath it. These digital devices measure the amount of blood pumped by the heart to record the blood pressure.

The global blood pressure monitoring devices market size reached US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 11.81% during 2022-2027.

They are convenient to use, equipped with a large reading display, portable, inexpensive, lightweight, etc. Additionally, BP monitoring devices are capable of storing previous readings, which can help the users in keeping track of their blood pressure over a period of time.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Blood Pressure Monitoring Devices Market Trends:

The increasing awareness about the risks associated with hypertension is primarily driving the blood pressure monitoring devices market across the globe. Besides this, the expanding geriatric population is further catalyzing the product demand. Moreover, the rising investments by several manufacturers in R&D activities to enhance the performance of blood pressure monitoring devices is also augmenting the global market.

In addition to this, the inflating levels of disposable incomes and healthcare expenditures, coupled with the shifting consumer inclination towards proactive monitoring of health metrics, are expected to propel the blood pressure monitoring devices market over the forecasted period.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

The report has also analyzed the competitive landscape of the market with some of the key players.

A&D Medical Inc.GE HealthcareKoninklijke Philips N.VOmron HealthcareWelch AllynRossmaax International LimitedSpacelab’s Healthcare Inc.Contec Medical System Co. LtdMicrolife AGHalma plc.Hill-Rom HoldingsAmerican DiagnosticSmith’s Group Plc.Schiller AGSunTech Medical

Key Market Segmentation:

The report has categorized the market based on product type, technology and end-user.

Market Breakup by Product Type:

MonitorSphygmomanometersAutomated BP MonitorsAmbulatory BP MonitorsBP TransducersHome-Based BP MonitorsOthersAccessoriesBlood Pressure CuffsManometersValves and BladdersOthersMarket Breakup by Technology:DigitalAneroidWearable 

Market Breakup by End-User:

Hospitals and ClinicsAmbulatory Surgical CentersDiagnostic CentersHomecare SettingsOthers

Market Breakup by Region:

Asia PacificEuropeNorth AmericaMiddle East and AfricaLatin America

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Key highlights of the report:                                                    

Market Performance (2016-2021)Market Outlook (2022-2027)Market TrendsMarket Drivers and Success FactorsImpact of COVID-19Value Chain AnalysisComprehensive mapping of the competitive landscape

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