Global Digital Blood Pressure Monitors Market to Value US$ 2,074.6 Mn, Demand from Emerging Nations to Support Growth
The demand for fast and reliable digital BP monitors suitable for homecare setting is buoying growth in home blood pressure monitors segment. People are more prone to use such devices in the convenience of their homes. These monitors do not require the presence of a physician, which is a key factor fueling the demand for home blood pressure monitors in the market.
Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/digital-blood-pressure-monitors-market-100066
In 2017, the home blood pressure monitors segment accounted for 64.3% share in the global market. The rise in the prevalence of cardiovascular diseases is a major factor increasing the demand for blood pressure monitors worldwide.
Besides this, the introduction of cost-effective and technologically advanced blood pressure monitors by major manufacturers will aid the expansion of the blood pressure monitors market in future. Among various innovative types of blood pressure monitors, the blood pressure monitor watch or wrist type monitors are gaining popularity and will continue to do so with the advent of smart wearables.
The hospital segment is anticipated to lead among end users in terms of revenue through 2025. This is because of the need for monitoring blood pressure continuously while performing any surgery. Again, the homecare segment will grow at a significant rate as the monitors covered in this segment ensure high precision and improved accuracy. Fortune Business Insights forecasts the homecare setting blood pressure monitors to exhibit the fastest CAGR of 12.0% by the end of the forecast period.
Key players leading the global surgical robots market include
- Omron Healthcare
- American Diagnostic Corporation
- Welch Allyn
- Philips N.V.
- Nihon Kohden Corporation
- GE Healthcare
- Smiths Group
- Masimo Corporation
Request Sample PDF:
By Product Type
- Arm Type
- Wrist Type
By End User
- Ambulatory Surgical Centers and Clinics
- Homecare Settings
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East and Africa (South Africa, GCC and Rest of Middle East and Africa)
The demand for home blood pressure monitor will rise exponentially in the Global Digital Blood Pressure Monitors Market, finds Fortune Business Insights in a new study. The study is titled “Blood Pressure Monitors Market Size, Share and Global Trend By Product Type (Sphygmomanometers, Digital Blood Pressure Monitors, Ambulatory Blood Pressure Monitors and Hospitals), End User (Ambulatory Surgery Centers and Clinics, Home Healthcare and Others) and Geography Forecast Till 2025”. As per the study, The Global Digital Blood Pressure Monitors Market, valued at US$ 1,037.2 Mn in 2017, will reach US$ 2,074.6 Mn by the end of 2025, exhibiting a CAGR of 9.1%.
Inactive Lifestyle to Cause Cardiovascular Problems Fueling Demand for Digital BP Monitors
Various factors are propelling the use of blood pressure monitors worldwide. One among them is the change in lifestyle and unhealthy food habits of people, that increases the risk of cardiovascular problems. The increasing demand for automated machines and digital readout monitors, owing to their easy handling, is also supporting the growth of the market. This will further propel the growth of the market for blood pressure monitoring in the years to come.
In the coming years, the digital BP monitors market will significantly gain from several innovations. For instance, the implementation of the Internet of Things (IoT) in the medical sector has created new opportunities for smart healthcare devices. This will, in turn, enable the digital blood pressure monitors market to gain momentum in the coming years.
More Trending Topics From Fortune Business [email protected]
Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Global Digital Blood Pressure Monitors Market to Value US$ 2,074.6 Mn, Demand from Emerging Nations to Support Growth