The global blood pressure monitoring device market is anticipated to grow at a considerable CAGR of around 11.2% during the forecast period (2021-2027). The market growth is mainly attributed to the increasing prevalence of hypertension due to changing lifestyles, the lifestyle of people has indulged them to prefer smoking and alcohol. Rise in the geriatric, and obese population is also one of the major factors that drive the growth of the market. In current years, it has been observed that people having cardiovascular diseases are checking and maintaining blood pressure is the basic need to cure these diseases. However, the instability of readings in blood pressure monitoring devices will be a challenge for the market during the forecast period.
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According to the World Health Organization (WHO), around 1.13 billion people have high blood pressure across the globe. Among 1 in 4 men, and 1 in 5 women over a billion people having high blood pressure. The condition of blood pressure is felt extremely in low, and middle-income countries due to the increased risk factors in those populations in current years. which is a major cause behind mortality across the globe. Moreover, according to National Survey on Drug Use and Health (NSDUH), in 2019, around 25.8% of the population have been involved in overdo drinking in the past month. An extreme amount of consumption of alcohol leads to increased Obesity and poor diet which all contribute to the increasing in the blood pressure monitoring device market.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Device type
o By Accessory type
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape – Hill-Rom Holdings, Inc., American Diagnostic Corporation, Boehringer Ingelheim International GmbH, Koninklijke Philips N.V., GE Healthcare, Smiths Group plc, and Omron Healthcare, Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Blood Pressure Monitoring Devices Market
By Device type
- Mercury Sphygmomanometer
- Aneroid Sphygmomanometers
- Digital Devices
- Instruments & Accessories
By Accessory Type
- Blood Pressure Cuffs
- Manometers
- Valves And Bladders
- Others
By End-User
- Hospital
- Homecare
- Ambulatory Surgical Center
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