Digital Blood Pressure Monitors Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR41645

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The digital blood pressure monitors market value is projected to grow by USD 244.53 million at a CAGR of 4.05% during 2021-2025.

This digital blood pressure monitors market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (stand-alone and integrated) and geography (North America, Europe, Asia, and ROW). The digital blood pressure monitors market report also offers information on several market vendors, including A and D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, HILL-ROM HOLDINGS INC., Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., and Smiths Group Plc among others.

What will the Digital Blood Pressure Monitors Market Size be in 2021?

Digital Blood Pressure Monitors Market Size

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Digital Blood Pressure Monitors Market: Key Drivers and Trends

According to our research output, there has been a positive impact on the market growth post COVID-19 era. Key drivers such as the increasing incidence of hypertension coupled with geriatric population are notably supporting the digital blood pressure monitors market growth. On the other hand, factors such as intense competition among vendors and counterfeit products have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic digital blood pressure monitors market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Digital Blood Pressure Monitors Market Vendors?

The digital blood pressure monitors market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • A and D Co. Ltd.
  • Care Touch
  • ERKA. Kallmeyer Medizintechnik GmbH & Co. KG
  • General Electric Co.
  • Geratherm Medical AG
  • HILL-ROM HOLDINGS INC.
  • Koninklijke Philips NV
  • Microlife Corp.
  • Omron Healthcare Inc.
  • Smiths Group Plc

 

The digital blood pressure monitors market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The digital blood pressure monitors market is concentrated and is expected to provide a favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post-pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

For insights on complete key vendor profiles, download a free sample of the digital blood pressure monitors market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Digital Blood Pressure Monitors Market?

Digital Blood Pressure Monitors Market Share by Geography

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35% of the market’s growth will originate from Asia during the forecast period. China and India are the key markets for digital blood pressure monitors in Asia.

The report offers an up-to-date analysis of the geographical composition of the market. Asia has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing demand for home-based digital blood pressure monitors will facilitate the digital blood pressure monitors market growth in Asia over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Digital Blood Pressure Monitors Market?

Digital Blood Pressure Monitors Market Share by Type

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The digital blood pressure monitors market share growth by the stand-alone segment has been significant. The digital blood pressure monitors market report provides a comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides an accurate prediction of the contribution of all the segments to the growth of the digital blood pressure monitors market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Digital Blood Pressure Monitors Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive digital blood pressure monitors market growth during the next five years
  • Precise estimation of the digital blood pressure monitors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital blood pressure monitors 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 digital blood pressure monitors market vendors

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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
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The digital blood pressure monitors market growth will increase by $1539.58 million during 2019-2024.
The digital blood pressure monitors market is expected to grow at a CAGR of 9.89% during 2019-2024.
Technavio has segmented the digital blood pressure monitors market by type (Stand-alone and Integrated) ,product by volume (Mid size, Full size, and Compact size) , and distribution channel by volume (Third-party channel sales and OEM channel sales).
A&D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, Hillrom, Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., Smiths Medical Inc. are a few of the key vendors in the digital blood pressure monitors market.
North America will register the highest growth rate of 47.40% among the other regions. Therefore, the digital blood pressure monitors market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the digital blood pressure monitors market growth are:
  • Increasing incidence of hypertension coupled with geriatric population
  • Growing demand for ambulatory blood pressure monitoring systems
The digital blood pressure monitors market vendors should focus on grabbing business opportunities from the stand-alone segment as it accounted for the largest market share in the base year.
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