“Grand View Research, Inc. – Market Research And Consulting.”According to a new report published by Grand View Research, Initiatives taken by the government such as public blood pressure monitoring programs to create awareness amongst people and maintain the database created by remotely operational BP monitors are expected to further propel growth during the forecast period.The global blood pressure monitoring devices market size is expected to reach USD 3.24 billion by 2028, according to a new report by Grand View Research. It is expected to expand at a CAGR of 11.2% from 2021 to 2028. The growing geriatric population across the globe is expected to widen the target consumers by triggering incidence rates of hypertension, which is expected to drive the demand for blood pressure monitoring devices. The increasing incidence of hypertension has led to rising demand for cost-effective, rapid, and accurate diagnostic solutions. Blood pressure monitors are one of the vital signs monitors of life. The cost-effective and accurate results offered by these indicators are one of the key factors responsible for market growth.
The ambulatory blood pressure monitors are expected to witness the fastest growth over the forecast period owing to factors such as growing awareness and increasing adoption by clinicians. Automated/digital BP monitors are expected to witness lucrative growth in the coming years owing to advantages associated with these devices, such as ease of use, immediate results, and low cost.
In addition, new product launches, coupled with the rising adoption of technologically advanced products, are fueling the demand for BP monitoring devices. For instance, in April 2016, CareTaker Medical obtained FDA 510(k) clearance for its remote wireless Beat-by-Beat Blood Pressure and Heart Rate Monitor using Finger Cuff technology.
Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/blood-pressure-monitoring-devices-market
Blood Pressure Monitoring Devices Market Report Highlights
- Based on product, sphygmomanometer/ aneroid BP monitors dominated the overall market in 2020 in terms of revenue owing to the increasing prevalence of high blood pressure worldwide
- By end use, the home healthcare segment is expected to witness lucrative growth in the forecast period owing to the government initiatives to promote home healthcare
- North America was the leading regional market in terms of revenue in 2020 owing to the presence of advanced healthcare infrastructure and increasing prevalence of lifestyle-associated diseases with a high risk of hypertension
- Asia Pacific is expected to witness rapid growth during the forecast period. This can be attributed to favorable government initiatives, such as the Government of India's campaign "Make In India", which is intended to attract FDI and international players to invest in the Indian market
For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/blood-pressure-monitoring-devices-market/request/rs1
Blood Pressure Monitoring Devices Market Segmentation
Grand View Research has segmented the global blood pressure monitoring devices market on the basis of product, end-use, and region:
Blood Pressure Monitoring Devices Product Outlook (Revenue, USD Million, 2016 - 2028)
- Sphygmomanometer/Aneroid BP Monitors
- Automated/Digital Blood Pressure Monitors
- Arm
- Wrist
- Finger
- Ambulatory Blood Pressure Monitors
- Transducers
- Disposable
- Reusable
- Instruments and Accessories
- Blood Pressure Cuffs
- Disposable
- Reusable
- Others
Blood Pressure Monitoring Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)
- Hospitals
- Ambulatory Surgical Centers & Clinics
- Home Healthcare
Blood Pressure Monitoring Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
List of Key Players of Blood Pressure Monitoring Devices Market
- Koninklijke Philips N.V.
- General Electric Company
- A & D Company, Limited
- Welch Allyn
- SunTech Medical, Inc.
- American Diagnostic Corporation
- Withings
- Briggs Healthcare
- Spacelabs Healthcare
- Kaz, A Helen of Troy Company
- GF HEALTH PRODUCTS, INC.
- Microlife Corporation
- Rossmax International Limited
- Omron Healthcare, Inc.
Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/2586/ibb
About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist - U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/blood-pressure-monitoring-devices-market
