Blood Pressure Monitoring Device Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR45562

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

 Blood Pressure Monitoring Device Market - 2021-2025

The blood pressure monitoring device market size is expected to reach a value of USD 1.95 billion, at a CAGR of 6.67%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as growing preference for home-based BP monitoring are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Blood Pressure Monitoring Device Market Size

To Unlock the Blood Pressure Monitoring Device Market Size for 2021 and Other Important Statistics Wait no Longer!

Complete the Payment and Get this Report Within a Minute!

Blood Pressure Monitoring Device Market Segments

Every aspect of business improvement planning depends on the understanding of current and potential target customers across segmentations. Our blood pressure monitoring device market analysis report extensively covers product (sphygmomanometers, home-based BP monitors, BP transducers, BP monitoring consumables, and ambulatory BP monitors) and geography (North America, Europe, Asia, and ROW), wherein you will obtain insights on qualitative and quantitative data that can help in optimizing financial results. Get actionable insights on the blood pressure monitoring device market segments to recognize and seize financial opportunities

Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic blood pressure monitoring device market predictions on demand changes for 2021-2025? You can buy the report now with one easy click.

Blood Pressure Monitoring Device Market Vendors and Competitive Analysis

The blood pressure monitoring device market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the blood pressure monitoring device market is fragmented and the vendors are deploying growth strategies such as focusing on product differentiation and distribution agreements to gain a competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players.

The blood pressure monitoring device market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

For detailed insights on complete key vendor profiles buy the full blood pressure monitoring device market forecast report. The profiles include particulars on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Blood Pressure Monitoring Device Market Vendors

Blood Pressure Monitoring Device Market - Region Opportunities 2021-2025

32% of the blood pressure monitoring device market growth will originate from North America during the forecast period. The US is the key market for blood pressure monitoring device market in North America. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Blood Pressure Monitoring Device Market Share by Geography

North America has been exhibiting a significant growth rate for blood pressure monitoring device market vendors. Factors such as the high prevalence of hypertension, the advent of technologically advanced products such as wireless, Bluetooth, and smartphone-connected BP monitors, and the presence of developed healthcare infrastructure are accelerating the blood pressure monitoring device market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The blood pressure monitoring device market share growth in North America will be faster than the growth of the market in Europe. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Blood Pressure Monitoring Device Market Insights by Product

Blood Pressure Monitoring Device Market Share by Product

To gain further insights on the market contribution of various segments Request for a FREE Sample!

According to our market segmentation data analysis, the sphygmomanometers segment is expected to be a significant contributor to the growth of the blood pressure monitoring device market share during the forecast period. The global sphygmomanometers market is growing steadily. This is due to the increasing incidence of CVDs and associated diseases. This report provides an accurate prediction of the revenue share of all the segments to the growth of the blood pressure monitoring device market size.

From the blood pressure monitoring device market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Blood Pressure Monitoring Device Market Drivers & Trends

Even if the success rate of a business is higher, every factor, including challenges, influencing any market growth needs to be considered to mitigate potential risks at an earlier development stage. One of the key factors impeding the blood pressure monitoring device market growth is the presence of high undiagnosed population. Purchase our express report to get exhaustive insights on the key industry trends, drivers, and challenges, which will help companies evaluate and build growth strategies.

The preference for home-based patient monitoring devices is growing significantly. This is because several healthcare facilities across the world are shifting from a hospital-centric model toward a patient-centric model. The growth of the geriatric population also increases the demand for home-based BP monitoring. A major proportion of the geriatric population with CVDs cannot afford frequent visits to healthcare facilities but require regular monitoring. Home-based BP monitoring devices are convenient and cost-effective and can be used for regular monitoring. Additionally, home-based BP monitors improve the ability to evaluate the risk of target organ damage and hypertension-related mortality and morbidity. They also simplify the diagnosis and management of hypertension. Hence, the growing preference for home-based BP monitoring will drive the growth of the global BP monitoring devices market during the forecast period.

Technavio research analysts have done an in-depth analysis of the blood pressure monitoring device market trends, drivers, and challenges in terms of their long-term and short-term effects. This data will help players map their growth prospects across key and emerging markets.

 

market _name Report

Need a Customized Report? Get in touch

Blood Pressure Monitoring Device Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive blood pressure monitoring device market growth during the next five years
  • Precise estimation of the blood pressure monitoring device market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the blood pressure monitoring device market across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of blood pressure monitoring device market vendors

Buy the Blood Pressure Monitoring Device Market report now to reimage your business strategies!

 

Read More Read Less

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
The blood pressure monitoring device market growth will increase by $1299.90 million during 2019-2024.
The blood pressure monitoring device market is expected to grow at a CAGR of 7.98% during 2019-2024.
Technavio has segmented the blood pressure monitoring device market by product (Sphygmomanometers, Home-based BP monitors, BP transducers, BP monitoring consumables, and Ambulatory BP monitors) and geographic (North America, Europe, Asia, and ROW).
A&D Co. Ltd., General Electric Co., Geratherm Medical AG, Halma Plc, Hill-Rom Holdings Inc., Koninklijke Philips NV, Masimo Corp., Nihon Kohden Corp., OMRON Corp., Smiths Medical Inc. are a few of the key vendors in the blood pressure monitoring device market.
North America will register the highest growth rate of 36.10% among the other regions. Therefore, the blood pressure monitoring device market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the blood pressure monitoring device market growth are:
  • Growing preference for home-based BP monitoring
  • Growing demand for ambulatory BP monitoring systems
The blood pressure monitoring device market vendors should focus on grabbing business opportunities from the sphygmomanometers segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted

Single User:

2500 USD

Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase

Technavio's SUBSCRIPTION platform

Register for a free trial today and gain instant access to 17,000+ market research reports.

START YOUR FREE TRIAL

Enquire Before Buying
  1. Home
  2. Health Care
  3. Published Report

What other custmores say

17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>