About Blood Pressure Monitors
Blood pressure monitor which is also known as sphygmomanometer is expressed numerically in millimeters of mercury, which is used to measure blood pressure, composed of an inflatable cuff to collapse and then release the artery under the cuff in a controlled manner and mechanical manometer to measure the pressure. The lower figure of diastolic pressure measures the minimum pressure exerted and the higher number of systolic pressure which measures the maximum pressure exerted on arteries and the heart muscle. The reading of the systolic pressure and diastolic pressure indicates how hard the human system is working. All physicians consider a patient's blood pressure while determining general health or diagnosing disease.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key players in the blood pressure monitoring devices industry have adopted product launch as their key developmental strategy to expand their market position. The industry players aim on innovative product launch and strategic alliances to extend their business portfolio as key tactics. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Blood Pressure Monitors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Koninklijke Philips (Netherlands), SunTech Medical (United States), American Diagnostic Corporation (United States), Welch Allyn, Inc. (United States), Panasonic Corporation (Japan), Schiller AG (Switzerland), Omron Healthcare (United States), GE Healthcare (United States), Contec Medical Systems Co. (China) and Rossmax International Ltd. (Taiwan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Microlife AG. (Switzerland), Beurer (Germany), Kinetik (United States), A&D Company (Japan) and IHealth (United States).
Segmentation Overview
AMA Research has segmented the market of Global Blood Pressure Monitors market by Type (Aneroid BP Monitors, Digital BP Monitors, Ambulatory BP Monitors and Blood Pressure Instrument Accessories) and Region.
On the basis of geography, the market of Blood Pressure Monitors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Wearable Watches will boost the Blood Pressure Monitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospitals will boost the Blood Pressure Monitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing adoption of patient monitoring solutions
Market Growth Drivers:
Rising prevalence of Chronic disease and High Accuracy of Manual Sphygmomanometers
Challenges:
Stringent Regulations
Restraints:
High cost of Advanced
Opportunities:
Increasing Advancements of BP monitoring Devices and Integration of Data analytics in the devices
Market Leaders and their expansionary development strategies
In August 2023, Glenmark Pharmaceuticals Limited joined hands with OMRON Healthcare India, the Indian arm of the Japanese global leader in home blood pressure monitoring and solutions for cardiovascular disease management, to raise awareness on measuring blood pressure.
In January 2024, Samsung announced the launch of blood pressure and electrocardiogram (ECG) tracking features for Galaxy Watch6 series. The monitor BP and ECG tracking features on the Galaxy Watch6 series complement regular medical checkups and can be accessed through the Samsung Health Monitor app.
Key Target Audience
Diagnostic Laboratories, Suppliers of blood pressure monitors, Wholesalers, distributers and retailers of blood pressure monitors and Healthcare Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.