Blood Pressure Monitoring Devices Market Analysis Report, Demand, Industry Analysis, Share, Insights, Outlook, Opportunity, Overview, Segmentations and Forecasts Research Report 2027
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 CAGR over the forecast period, according to latest analysis by Emergen Research. Rapid advancements in healthcare technology, increasing prevalence of heart diseases and hypertension, driven by a growing geriatric population and associated health conditions, and increasing prevalence of lifestyle diseases are among some of the major factors propelling growth of the global blood pressure monitoring devices market.
Recent technological advancements such as introduction of digitalized blood pressure machines, mobile-based monitoring, and sensor-based devices are factors expected to boost demand for automated blood pressure monitoring devices throughout forecast period. Other factors such as increasing government support and investment by major manufacturing companies are also fueling market growth.
The Blood Pressure Monitoring Devices market research for the forecast period, 2020 to 2027 cannot be underestimated for the reason that it offers a real-time data on the target market; identifies customer problems and outlines the immediate competitors. The simplified document speaks about how company owners plan to keep up with the market trends.
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Some Key Findings in the Report:
In February 2019, PhysIQ Inc. and Omron Healthcare announced entering into partnership that enables PhysIQ to add HeartGuide, which is a wearable blood pressure monitor developed by Omron Healthcare, into its pinpointIQ platform.
Hospitals and clinic segment in the global blood pressure monitoring devices market is expected to robust revenue during forecast period, which can be attributed to increasing number of private hospitals in developing countries and rising adoption of technologically advanced devices in the medical sector.
The market in Europe accounted for second-largest revenue share in the global market in 2020. Key factors such as technological advancements and increasing geriatric population in countries in the region are driving 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.
Product Type Outlook (Revenue: USD Billion; 2021–2028)
Sphygmomanometer
Digital Blood Pressure Monitor
Ambulatory Blood Pressure Monitor
Instruments & Accessories
Transducers
Technology Outlook (Revenue: USD Billion; 2021–2028)
Air pressure-based
Digital
Aneroid
Sensor-Based
End-Use Outlook (Revenue: USD Billion; 2021–2028)
Hospitals and Clinics
Ambulatory Surgical Centers
Diagnostic Centers
Homecare Settings
Others
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Report Objectives
Examine the size of the global Blood Pressure Monitoring Devices market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Blood Pressure Monitoring Devices market.
Explore the underlying dynamics of the global Blood Pressure Monitoring Devices market.
Highlight significant trends of the global Blood Pressure Monitoring Devices market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Blood Pressure Monitoring Devices market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Blood Pressure Monitoring Devices market.
Forecast the market size and share of all segments and regions in the global landscape.
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
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Table of content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Blood Pressure Monitoring Devices Market Segmentation & Impact Analysis
4.1. Blood Pressure Monitoring Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for growing medicinal application
4.2.2.2. Rising legalization of Blood Pressure Monitoring Devices
4.2.2.3. Technological advancement in product invention
4.2.3. Market restraints analysis
4.2.3.1. The complex regulatory framework for the usage of Blood Pressure Monitoring Devices
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continued…
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