Blood Pressure Monitoring Devices Market Size to Reach USD 3.18 Billion by 2028; Blood pressure monitoring devices help to measure the pressure of circulating blood against walls of blood vessels | Emergen Research

Vancouver, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) — Market Size – USD 1.36 Billion in 2020, Market Growth – CAGR of 11.1%, Market Trend – Rising adoption of digital monitoring system for self-measurement.
The global blood pressure monitoring devices market is expected to reach a market size of USD 3.18 Billion by 2028 and register a steady double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. Growth of the global blood pressure monitoring devices market is driven by increasing prevalence of cardiovascular diseases and hypertension resulting from a rapidly growing aging population globally, changing lifestyle, and increasing R&D initiatives. Blood pressure monitoring devices help to measure the pressure of circulating blood against walls of blood vessels.
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A basic blood pressure monitoring device comprises components such as air pressure sensor, an inflatable cuff, valve, tubing, and a pump. Due to rapid technological advancements, various cost-effective, lightweight, and more advanced portable systems and wearable medical devices have been developed and introduced into the market in the recent past. These systems are easy to use, have large displays, and provide more accurate readings that are easy to view by elderly users. Some of these systems are designed to record data, which helps to keep a track of blood pressure readings over time.Growing awareness about risks associated with hypertension is fueling demand for and adoption of these devices, which is driving revenue growth of blood pressure monitoring devices market. Demand for self-monitoring and wearable devices has been increasing significantly as these enable monitoring and tracking blood pressure changes easily and allows users to consult a physician only if there are serious concerns. Increasing demand and adoption is prompting major companies to leverage opportunities and develop more technologically advanced and cost-effective blood pressure monitoring devices to suit the budget of a larger untapped consumer base, especially in some developing economies.
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In October 2019, Omron Healthcare introduced a range of redesigned blood pressure monitoring device with new features such as improved accuracy, ease of use, and higher reliability.Sphygmomanometers segment accounted for 25.2% revenue share in the global market in 2020. This can be attributed to ease of use and rising demand for sphygmomanometers for self-measurement of blood pressure at home.Asia Pacific is projected to register fastest revenue CAGR of 11.9% over the forecast period. Growing aging population, increasing number of private hospitals, and rapid healthcare infrastructure development is fueling revenue growth of the market in this region.Key players operating in the market are Koninklijke Philips N.V., General Electric Company, A&D Company, Ltd., Welch Allyn, SunTech Medical, Inc., American Diagnostic Corp., Withings, Briggs Healthcare, Spacelabs Healthcare, and Kaz Inc.
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Product Type Outlook (Revenue: USD Billion; 2021–2028)SphygmomanometerDigital Blood Pressure MonitorAmbulatory Blood Pressure MonitorInstruments & AccessoriesTransducersTechnology Outlook (Revenue: USD Billion; 2021–2028)Air pressure-basedDigitalAneroidSensor-Based    End-Use Outlook (Revenue: USD Billion; 2021–2028)Hospitals and ClinicsAmbulatory Surgical CentersDiagnostic CentersHomecare SettingsOthersRegional Outlook (Revenue: USD Billion; 2021–2028)North AmericaU.S.CanadaMexicoEuropeGermanyU.K.FranceItalySpainBENELUXRest of EuropeAsia PacificChinaIndiaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAESouth AfricaRest of MEATake a Look at our Related Reports:Wearable Injectors Market By Technology (Motor-driven. Spring-based), By Type (Off-body, On-body), By Application (Cardiovascular Disease, Diabetes, Immuno-oncology), By End-use (Hospitals, Home Care Settings), and By Region, Forecast to 2028Oncolytic Virus Therapy Market By Type (Monoclonal Antibodies, Checkpoint Inhibitors, Cancer Vaccines, Immunomodulators), By Application (Melanoma, Lung Cancer, Breast Cancer), By End-Use (Hospitals, Clinics, Research Institutes), and By Region, Forecast to 2028Electrotherapy Market By Treatment Type (Transcutaneous Spinal Electro analgesia (TSE), Interferential Current Therapy (IC), Pulsed Short Wave Diathermy (PSWD), Transcutaneous Electrical Nerve Stimulation (TENS), Spinal Cord Stimulation (SCS), Electro-Acupuncture (EA), Percutaneous Electrical Nerve Stimulation (PENS), Others), By Application (Sports Injury, Neuromuscular Dysfunction, Tissue Repair, Urine and Fecal Incontinence, Iontophoresis, Pain Management, Acute and Chronic Edema), By End-Use (Rehabilitation Centers, Long-term Care Centers, Clinics Hospitals, Others), By Region, Forecast to 2028
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.Contact Us:Eric LeeCorporate Sales SpecialistEmergen Research | Web: Line: +1 (604) 757-9756E-mail: [email protected]Facebook | LinkedIn | Twitter | BlogsRead Full Press Release

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