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Pulished Date February, 2020
ID: 840
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Global Blood Pressure Monitoring Devices Market Analysis - By Type (Automated BP Monitors, Ambulatory BP Monitors, Sphygmomanometers, BP Transducers & BP instruments accessories) & By Region - Size, Share, Trends, Growth Opportunities Assessment, Industry Forecast | 2019 - 2024

Pulished: February, 2020
ID: 840
Pages: 178

Blood Pressure Monitoring Devices Market Size & Growth (2019 - 2024)

Global Blood Pressure Monitoring Devices Market size predicted to reach 3880.9 million in 2019 and estimated to be growing at a CAGR of 7.27% to reach USD 5512.6 million by 2024.

In the next few years, the demand for blood pressure monitoring devices is expected to increase significantly in emerging economies. Hypertension, also known as high blood pressure, is a long-term medical condition, wherein the blood pressure in the arteries is persistently elevated. It is a chronic condition and a leading cause of death and responsible for cardiovascular diseases and heart attacks globally. Blood Pressure Monitoring devices are those which automatically obtain and usually record the blood pressure at certain intervals, using the direct or indirect method of determining pressure. Hence, is user-friendly and can be used at home easily.

Key Market Growth Drivers

  • Increasing incidences of cardiovascular and chronic diseases across the globe is a key driving factor for the Blood Pressure Monitoring Devices Market to grow.
  • Blood pressure monitoring devices are highly accurate and help physicians or doctors to ensure effective treatment for the patient. This factor is accelerating the growth of the market eventually.
  • The rise in the demand for accurate diagnostic procedures is greatly influencing the demand of the market.
  • Growing awareness over new launches in the medical sector is also expanding the growth rate of the market.
  • Hypertension cause premature deaths and should be treated well in a certain time where blood pressure monitoring devices plays a key role in monitoring patient’s blood pressure continuously and notifies if any abnormalities. So increasing incidences of hypertension is making the shares of the market to expand tremendously.
  • Changes in lifestyles and food habits are also one of the factors propelling the demand of the Blood Pressure Monitoring Devices Market.
  • Rise in the concern towards patient’s safety during an emergency is also making the market to move forward.
  • Increasing prevalence for quality treatment procedure is enhancing the shares of the blood pressure monitoring devices market.
  • Increasing the utilization of smartphones and laptops and increasing prevalence for personalized medicine are leveraging the demand of this market.

However, the dearth of skilled technicians in resolving system failure in real-time applications due to certain factors is slowly hindering the growth of the market. Lack of standardization is one more factor degrading the growth of the market. The cost of some devices manufactured with advanced features is a little high and this remains a challenging factor for the market developers. Stringent rules and regulations by the government in approving new devices are restricting the growth of the blood pressure monitoring devices market.

Government and non-government organizations are investing huge amounts in the health care sector which is creating a chance for the market to grow eventually. Rapidly increasing elderly population globally is also elevating the demand of the Blood Pressure Monitoring Devices Market. Growth opportunities for the market lie in the emergence of technological advancements in the medical sector and also launch of innovative products which are highly accurate and convenient for the end-users. Also, the introduction of portable devices which can be easily used in any place is prompting the growth of the market. In modern days, the internet of things is playing an effective role in promoting patient’s wellbeing which is also ascribed to bolster the growth rate of blood pressure monitoring devices market to the extent. Increasing knowledge over the use of wireless transmission devices in hospitals and ambulatory services is escalating the demand of the market.

Recent developments in this market:

  • In January 2017, Omron EVOLV was introduced by Omron Healthcare Inc., has been a great success due to superior features. This device is a portable upper arm blood pressure monitoring and is also a wireless device.
  • The collaboration of PhysIQ Inc. and Omron healthcare in February 2019 has brought a lot of changes in the product portfolio and also merged many devices for effective outcomes. The integration of heart guide wearable BP monitor of Omron into pinpointIQ platform can be used effectively in the outpatient facilities.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2018 – 2024

Base Year

2018

Forecast Period

2019 - 2024

Segments Covered

By Type and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

GE Healthcare, Welch Allyn, A&D Medical Inc., SunTech Medical, Rossmax International Ltd, Spacelabs Healthcare Inc., Panasonic Corporation, Philips Healthcare, Contec Medical Systems Co. Ltd, Omron Healthcare and Microlife AG

 

This research report on Global Blood Pressure Monitoring Devices Market has been segmented and sub-segmented into the following categories:

Blood Pressure Monitoring Devices Market – By Type:

  • Automated BP Monitors                  
  • Ambulatory BP Monitors                 
  • Sphygmomanometers                      
    • Mercury
    • Aneroid
    • Digital   
  • BP Transducers                    
  • BP instruments accessories         

In terms of revenue share, the sphygmomanometer segment dominated the product type and is expected to show lucrative growth over the forecast period.

Regional Analysis:

North America dominates the overall industry followed by Europe. Factors such as the increasing prevalence of chronic and acute diseases such as hypertension and cardiac diseases, technological advancements, acceptability of the non-invasive pressure monitors among the patients, and the existence of key market players in North America are driving the growth of this market.

Asia-Pacific, on the other hand, is expected to grow at a rapid pace over the forecast period. Increasing investment by government, growing awareness levels and rising incidences of hypertension and the number of undiagnosed of high BP are key factors attributing to this regional market growth.

Companies leading the Global Blood Pressure Monitoring Device Market profiled in the report are:

  1. GE Healthcare
  2. Welch Allyn
  3. A&D Medical Inc.
  4. SunTech Medical
  5. Rossmax International Ltd 
  6. Spacelabs Healthcare Inc.
  7. Panasonic Corporation
  8. Philips Healthcare
  9. Contec Medical Systems Co. Ltd
  10. Omron Healthcare
  11. Microlife AG

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                           

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                              

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                            

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                     

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                      

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                      

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                               

5. Market Segmentation                                                              

                5.1 By Type                                        

                                5.1.1 Automated BP Monitors                   

                                5.1.2 Ambulatory BP Monitors                  

                                5.1.3 Sphygmomanometers                       

                                                5.1.3.1 Mercury

                                                5.1.3.2 Aneroid

                                                5.1.3.3 Digital    

                                5.1.4 BP Transducers                     

                                5.1.5 BP instruments accessories                             

6. Geographical Analysis                                                              

                6.1 North America                                          

                                6.1.1 Introduction                           

                                6.1.2 United States                         

                                6.1.3 Canada                     

                6.2 Europe                                         

                                6.2.1 Introduction                           

                                6.2.2 U.K                             

                                6.2.3 Spain                         

                                6.2.4 Germany                 

                                6.2.5 Italy                           

                                6.2.6 France                      

                6.3 Asia-Pacific                                 

                                6.3.1 Introduction                           

                                6.3.2 China                         

                                6.3.3 India                          

                                6.3.4 Japan                        

                                6.3.5 Australia                  

                                6.3.6 South Korea                           

                6.4 Latin America                                            

                                6.4.1 Introduction                           

                                6.4.2 Brazil                         

                                6.4.3 Mexico                     

                                6.4.4 Rest of Latin America                         

                6.5 Middle East & Africa                               

                                6.5.1 Introduction                           

                                6.5.2 Middle-East                            

                                6.5.3 Africa                        

7.Strategic Analysis                                                        

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                      

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services               

                                7.2.5 Competitive Rivalry within the Industry                      

8.Market Leaders' Analysis                                                          

                8.1 GE Healthcare                                           

                                8.1.1 Overview                

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                            

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Welch Allyn                                

                8.3 A&D Medical Inc                                      

                8.4 SunTech Medical                                      

                8.5 Rossmax International Ltd                                    

                8.6 Spacelabs Healthcare Inc                                      

                8.7 Panasonic Corporation                                          

                8.8 Philips Healthcare                                    

                8.9 Contec Medical Systems Co. Ltd                                        

                8.10 Omron Healthcare                                

                8.11 Microlife AG                                            

9.Competitive Landscape                                                            

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                        

                9.3 Agreements, collaborations and Joint Ventures                                          

                9.4 New Product Launches                                          

10.Expert Opinions                                                         

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Blood Pressure Monitoring Device Market By Region, From 2019-2024 (USD Billion)
  2. Global Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  3. Global Automated BP Monitors Market By Region, From 2019-2024 (USD Billion)
  4. Global Ambulatory BP Monitors Market By Region, From 2019-2024 (USD Billion)
  5. Global Sphygmomanometers Market By Region, From 2019-2024 (USD Billion)
  6. Global BP Transducers Market By Region, From 2019-2024 (USD Billion)
  7. Global BP instruments accessories Market By Region, From 2019-2024 (USD Billion)
  8. Global Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  9. Global Mercury Meters Market By Region, From 2019-2024 (USD Billion)
  10. Global Aneroid Meters Market By Region, From 2019-2024 (USD Billion)
  11. Global Spirometers Market By Region, From 2019-2024 (USD Billion)
  12. North America Blood Pressure Monitoring Device Market By Region, From 2019-2024 (USD Billion)
  13. North America Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  14. North America Automated BP Monitors Market By Region, From 2019-2024 (USD Billion)
  15. North America Ambulatory BP Monitors Market By Region, From 2019-2024 (USD Billion)
  16. North America Sphygmomanometers Market By Region, From 2019-2024 (USD Billion)
  17. North America BP Transducers Market By Region, From 2019-2024 (USD Billion)
  18. North America BP instruments accessories Market By Region, From 2019-2024 (USD Billion)
  19. United States Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  20. Canada Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  21. North America Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  22. North America Mercury Meters Market By Region, From 2019-2024 (USD Billion)
  23. North America Aneroid Meters Market By Region, From 2019-2024 (USD Billion)
  24. North America Spirometers Market By Region, From 2019-2024 (USD Billion)
  25. United States Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  26. Canada Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  27. Europe Blood Pressure Monitoring Device Market By Region, From 2019-2024 (USD Billion)
  28. Europe Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  29. Europe Automated BP Monitors Market By Region, From 2019-2024 (USD Billion)
  30. Europe Ambulatory BP Monitors Market By Region, From 2019-2024 (USD Billion)
  31. Europe Sphygmomanometers Market By Region, From 2019-2024 (USD Billion)
  32. Europe BP Transducers Market By Region, From 2019-2024 (USD Billion)
  33. Europe BP instruments accessories Market By Region, From 2019-2024 (USD Billion)
  34. U.K Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  35. Spain Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  36. Germany Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  37. Italy Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  38. France Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  39. Europe Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  40. Europe Mercury Meters Market By Region, From 2019-2024 (USD Billion)
  41. Europe Aneroid Meters Market By Region, From 2019-2024 (USD Billion)
  42. Europe Spirometers Market By Region, From 2019-2024 (USD Billion)
  43. U.K Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  44. Spain Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  45. Germany Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  46. Italy Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  47. France Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  48. Asia-Pacific Blood Pressure Monitoring Device Market By Region, From 2019-2024 (USD Billion)
  49. Asia-Pacific Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  50. Asia-Pacific Automated BP Monitors Market By Region, From 2019-2024 (USD Billion)
  51. Asia-Pacific Ambulatory BP Monitors Market By Region, From 2019-2024 (USD Billion)
  52. Asia-Pacific Sphygmomanometers Market By Region, From 2019-2024 (USD Billion)
  53. Asia-Pacific BP Transducers Market By Region, From 2019-2024 (USD Billion)
  54. Asia-Pacific BP instruments accessories Market By Region, From 2019-2024 (USD Billion)
  55. China Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  56. India Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  57. Japan Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  58. South Korea Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  59. Australia Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  60. Asia-Pacific Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  61. Asia-Pacific Mercury Meters Market By Region, From 2019-2024 (USD Billion)
  62. Asia-Pacific Aneroid Meters Market By Region, From 2019-2024 (USD Billion)
  63. Asia-Pacific Spirometers Market By Region, From 2019-2024 (USD Billion)
  64. China Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  65. India Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  66. Japan Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  67. South Korea Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  68. Australia Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  69. Latin America Blood Pressure Monitoring Device Market By Region, From 2019-2024 (USD Billion)
  70. Latin America Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  71. Latin America Automated BP Monitors Market By Region, From 2019-2024 (USD Billion)
  72. Latin America Ambulatory BP Monitors Market By Region, From 2019-2024 (USD Billion)
  73. Latin America Sphygmomanometers Market By Region, From 2019-2024 (USD Billion)
  74. Latin America BP Transducers Market By Region, From 2019-2024 (USD Billion)
  75. Latin America BP instruments accessories Market By Region, From 2019-2024 (USD Billion)
  76. Brazil Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  77. Argentina Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  78. Mexico Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  79. Latin America Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  80. Latin America Mercury Meters Market By Region, From 2019-2024 (USD Billion)
  81. Latin America Aneroid Meters Market By Region, From 2019-2024 (USD Billion)
  82. Latin America Spirometers Market By Region, From 2019-2024 (USD Billion)
  83. Brazil Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  84. Argentina Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  85. Mexico Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  86. Middle East & Africa Blood Pressure Monitoring Device Market By Region, From 2019-2024 (USD Billion)
  87. Middle East & Africa Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  88. Middle East & Africa Automated BP Monitors Market By Region, From 2019-2024 (USD Billion)
  89. Middle East & Africa Ambulatory BP Monitors Market By Region, From 2019-2024 (USD Billion)
  90. Middle East & Africa Sphygmomanometers Market By Region, From 2019-2024 (USD Billion)
  91. Middle East & Africa BP Transducers Market By Region, From 2019-2024 (USD Billion)
  92. Middle East & Africa BP instruments accessories Market By Region, From 2019-2024 (USD Billion)
  93. Middle East Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  94. Africa Blood Pressure Monitoring Device Market By Product, From 2019-2024 (USD Billion)
  95. Middle East & Africa Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  96. Middle East & Africa Mercury Meters Market By Region, From 2019-2024 (USD Billion)
  97. Middle East & Africa Aneroid Meters Market By Region, From 2019-2024 (USD Billion)
  98. Middle East & Africa Spirometers Market By Region, From 2019-2024 (USD Billion)
  99. Middle East Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)
  100. Africa Sphygmomanometers Market By Type, From 2019-2024 (USD Billion)

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