According to information released by the World Health Organization in 2019, hypertension affected 1.28 billion people worldwide, making it the leading cause of premature death globally. This has led to a very high demand for BP monitors. Through the growing elderly population and increased risk of lifestyle-associated disorders among a large population base due to the rising incidences of obesity and sedentary lifestyle, there is a very high demand for blood pressure monitors. Additionally, with the growing elderly population and increased risk of lifestyle-associated disorders among a large population base due to the rising incidences of obesity and sedentary lifestyle, there is a very high demand for blood pressure monitors.
According to Data Bridge Market Research, Home Blood Pressure Monitors Market was valued at USD 2.89 billion in 2022 and is expected to reach USD 4.91 billion by 2030, growing at a CAGR of 6.85% from 2023 to 2030.
" Increasing quality healthcare at home surge in market growth"
The detection of minute changes in the patient's physiological data can be addressed with the introduction of remote patient monitoring technologies. Re-admissions and avoidable hospitalizations are consequently reduced. Innovations in healthcare also reduce the number of doctor visits and the associated travel expenses for receiving high-quality healthcare. Additionally, ambulatory BP monitoring (ABMP) is widely used to measure out-of-office blood pressure readings at specific intervals throughout 24 hours. It provides a fantastic way to forecast long-term CVD results.
What restraints the growth of the Global Home Blood Pressure Monitors Market?
" High cost can impede the market”
Despite the high prevalence of cardiovascular diseases, the market's expansion may be hampered by the rising costs of various medical devices. The lower socioeconomic group cannot always afford certain devices, which may prevent them from getting these home monitoring devices.
Segmentation: Global Home Blood Pressure Monitors Market
The home blood pressure monitors market is segmented on the basis of type, product, and distribution channel.
- On the basis of type, the home blood pressure monitors market is segmented into upper arm monitors, wrist monitors, accessories.
- On the basis of product, the home blood pressure monitors market is segmented into sphygmomanometers, digital bp monitor, and ambulatory bp monitors.
- On the basis of distribution channel, the home blood pressure monitors market is segmented hospital pharmacies, retail pharmacies, and online stores.
Regional Insights: North America dominates the Global Home Blood Pressure Monitors Market
North America dominates the home blood pressure monitors market because of the increasing investments for the development of accurate and effective BP monitors. Additionally, the primary factor anticipated to contribute to the market expansion of BP monitoring devices in the upcoming years is increasing investments in the development of accurate and efficient BP monitors. Additionally, it is anticipated that the introduction of new products and technological developments will further support industry growth.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 owing to the There are many opportunities available, manufacturers are investing more money, awareness is rising, and there are more cases of hypertension in this area.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/global-home-blood-pressure-monitors-market
Recent Developments in Global Home Blood Pressure Monitors Market
- In 2022, LiveMetric introduced LiveOne, a nano-sensor technology that continuously measures blood pressure. For better management of people with hypertension and other cardiovascular disorders, LiveOne is a wrist-worn, cuff-free solution.
- In 2022, The InBody BP 170 blood pressure monitor was introduced by InBody. It is a new automatic at-home blood pressure monitor with a large display for maximum visibility.
The Prominent Key Players Operating in the Global Home Blood Pressure Monitors Market Include:
- A & D Medical (India)
- Welch Allyn (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- General Electric (U.S.)
- Suntech Medical (India)
- Omron (Japan)
- Beurer GmbH (Germany)
- Paul Hartmann AG (Germany)
- Microlife Corporation (Switzerland)
- American Diagnostic (U.S.)
- Rossmax International (Japan)
- Rudolf Riester GmbH (Germany)
- Briggs Healthcare (U.S.)
- Terumo Corporation (Japan)
- Medtronic (Ireland)
- Abbott (U.S.)
- Mindray Medical India Pvt. Ltd. (China)
- LifeWatch AG (Switzerland)
- NIHON KOHDEN CORPORATION (Japan)
Above are the key players covered in the report, to know about more and exhaustive list of Global Home Blood Pressure Monitors Market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Home Blood Pressure Monitors Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
