cft

Blood Pressure Monitoring Devices And Accessories Market Size Worth USD 3.81Billion, Globally, By 2030 At 6.20% CAGR.

The global Blood pressure monitoring devices and accessories market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 6.20% between 2023 and 2030. The market was valued at USD 2.5 Billion in 2022and is expected to reach USD 3.81Billion in 2030.


user

Vanshika Shukla

8 months ago | 3 min read

The latest market report published by Credence Research, Inc. “Global Blood Pressure Monitoring Devices And Accessories Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028.The global Blood pressure monitoring devices and accessories market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 6.20% between 2023 and 2030. The market was valued at USD 2.5 Billion in 2022and is expected to reach USD 3.81Billion in 2030.

Blood Pressure Monitoring Devices And Accessories Market current trends highlight the evolving landscape of healthcare technology, placing a greater emphasis on patient-centric and remote monitoring solutions. With an increasing prevalence of chronic diseases like hypertension, these devices have become instrumental in empowering individuals to track their blood pressure levels conveniently at home. The integration of advanced technologies such as Bluetooth connectivity and smartphone applications has revolutionized the market, allowing users to store and analyze their readings effortlessly. Furthermore, wearable devices equipped with accurate sensors are gaining immense popularity among health-conscious consumers who seek real-time feedback on their cardiovascular health.

Growing Usage of Patient Monitoring Technologies and Aging Population Driving Market Growth

The increasing utilization of patient monitoring systems and the rise in the aging population are significant drivers propelling the growth of the global blood pressure monitoring devices and accessories market. As the world's population ages, the incidence of hypertension and other chronic diseases is on the rise, necessitating the need for efficient blood pressure monitoring solutions. Patient monitoring technologies, including remote patient monitoring (RPM), have witnessed significant advancements, allowing healthcare providers to track and manage patients outside of traditional medical settings effectively.

North America: Leading the Market Growth

North America is estimated to dominate the blood pressure monitoring devices and accessories market during the forecast period. The United States, in particular, stands as one of the largest markets for blood pressure monitoring devices and accessories in the region, with a substantial market share. The growth in North America can be attributed to rising investments in the development of precise and efficient BP monitors and increased demand due to the effects of various diseases, leading to a surge in sales.

Browse 210 pages reportBlood pressure monitoring devices and accessories Market By Product (Sphygmomanometer/Aneroid BP Monitor, Automated/Digital Blood Pressure Monitor, Arm, Wrist, Finger, Ambulatory Blood Pressure Monitor, Transducers, Disposable, Reusable, Instruments And Accessories, Blood Pressure Cuffs, Others) By End-use (Hospitals, Ambulatory Surgical Centers & Clinics, Homecare)- Growth, Future Prospects & Competitive Analysis, 2016 – 2030)-https://www.credenceresearch.com/report/blood-pressure-monitoring-devices-and-accessories-market

Key Players and Competitive Landscape

The global blood pressure monitoring devices and accessories market is highly competitive, with several key players vying for market dominance. Some of the major players in the market include Omron Healthcare, Welch Allyn, Inc., A&D Medical Inc., SunTech Medical, Inc., American Diagnostics Corporation, Withings, and Briggs Healthcare. These companies are continuously focusing on product innovation, expanding their distribution channels, and forming partnerships to stay ahead in the market.

Conclusion

In conclusion, the global blood pressure monitoring devices and accessories market is witnessing steady growth, driven by factors like an aging population and increased utilization of patient monitoring technologies. North America stands out as the dominant region for market growth, presenting significant opportunities for businesses. However, challenges such as the shortage of skilled technicians and economic instability need to be addressed. Companies must focus on innovation, expanding market reach, and competitive pricing to maintain their positions in this highly competitive market.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Blood Pressure Monitoring Devices And Accessories Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Blood Pressure Monitoring Devices And Accessories Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse Full Report:https://www.credenceresearch.com/report/blood-pressure-monitoring-devices-and-accessories-market

Visit:https://www.credenceresearch.com/

Related Report:https://www.credenceresearch.com/report/contract-research-organization-services-cros-market

Related Report:https://www.credenceresearch.com/report/reusable-period-panties-market

Browse Our Blog: https://www.linkedin.com/pulse/blood-pressure-monitoring-devices-accessories-market-size-singh

About Us -

Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 10,000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. For nearly a century, we’ve built a company well-prepared for this task.

Contact Us:

Office No 3 Second Floor, Abhilasha Bhawan, Pinto Park, Gwalior [M.P] 474005 India

Upvote


user
Created by

Vanshika Shukla


people
Post

Upvote

Downvote

Comment

Bookmark

Share


Related Articles