14-Mar-2022 | Zion Market Research
Blood Pressure Monitoring Device Market is slated to cross USD 7.57 Billion By 2028, as per new research study by Zion Market Research Private Limited. It earned USD 4.12 Billion in 2021 and will register CAGR of about 7.6% in 2022-2028. Additionally, growth of Blood Pressure Monitoring Device market over assessment period can be credited to use of product as therapeutic agent. In addition to this, growth of blood pressure monitoring device market over forecasting timespan is due to increase in high blood pressure as a result of unhealthy lifestyles. In addition to this, massive use of blood pressure monitoring devices by aging population will expedite expansion of blood pressure monitoring device industry. Apparently, growing proportion of obesity among people and inactivity will define inflation in size of demand for product in forthcoming years. Reportedly, government has taken large number of initiatives such as public blood pressure monitoring venture for creating awareness among individuals along with maintaining database of operative blood pressure monitors.
Sphygmomanometers/Aneroid BP Monitors Segment To Account For Major Market Share By 2028
Growth of segment over forecast timespan is subject to technological breakthroughs and product development accounting majorly towards size of blood pressure monitoring device market. In addition to this, huge demand for automated Sphygmomanometers/Aneroid BP Monitors due to benefits available to them will drive segmental surge. Easy access to new BP monitors such as Microlife WatchBP home A, iHealth blood pressure monitor, and QardioArm will boost popularity of Sphygmomanometers/Aneroid BP Monitors.
Hospitals Segment To Dominate End-Use Landscape Over 2022-2028
Rapid expansion of hospitals segment over forecast timespan is subject to large-scale use of blood pressure monitoring devices in hospitals and clinics. Furthermore, this equipment is cost-effective, rapid, & accurate and offer effective healthcare outcomes.
North America To Account Substantially Towards Regional Market Size In 2022-2028
The expansion of regional market over forecasting timespan is subject to strict legislations governing healthcare activities in countries such as Canada and the U.S. Furthermore, rise in funding of research activities focusing on producing blood pressure monitoring devices embedded with new features & offering accurate measurements about blood pressure in individuals will exponentiate progression of blood pressure monitoring device market in North America in ensuing years.
Key players influencing market growth and profiled in report are Microlife AG, GF Health Products Inc., Omron Healthcare Co., Ltd., Panasonic Corporation, A&D Medical Inc., Kaz Inc., Welch Allyn Inc., American Diagnostics Corporation, SunTech Medical, Inc., Withings, Briggs Healthcare, Philips Healthcare, Rossmax International Ltd., Spacelabs Healthcare Inc., and GE Healthcare.
Browse the full “Blood Pressure Monitoring Device Market- By Product (Sphygmomanometers/Aneroid BP Monitors and Ambulatory BP Monitors), By End-Use (Hospitals, Home Healthcare, and Ambulatory Units): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/blood-pressure-monitoring-device-market
The global Blood Pressure Monitoring Device Market is segmented as follows:
By Product
By End-Use
By Region
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