About Wrist Blood Pressure Monitor
The growing technological advancement in the wrist blood pressure monitor will help to boost global wrist blood pressure monitor market in the forecasted period. Wrist blood pressure monitors are extremely sensitive to body position. Arm and wrist must be at the heart level, to get an accurate reading when taking your blood pressure with a wrist monitor. Rising technological advancement such as Bluetooth connectivity as well as WIFI is helped to triggered market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Chinese Players will contribute the maximum growth to Global Wrist Blood Pressure Monitor 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.
Omron (Japan), Microlife (Taiwan), A&D Medical (Japan), HoMedics (United States), Proton Healthcare (India), Xiaomi (China), Andon Health Company Limited (China), Yuwell (China), Haier (China) and Lifesense (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Yousheng Medical Electronics Shanghai (China) and Shenzhen Jinyidi Technology (China).
Segmentation Overview
AMA Research has segmented the market of Global Wrist Blood Pressure Monitor market by Type (Ordinary Electronic Blood Pressure Monitor and Smart Blood Pressure Monitor), Application (Medical Use and Home Use) and Region.
On the basis of geography, the market of Wrist Blood Pressure Monitor 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. Wired will boost the Wrist Blood Pressure Monitor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wi-Fi Based will boost the Wrist Blood Pressure Monitor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Highly Advanced Wearables due to Increasing Disposable Incomes and Rising Adoption of Artificially Intelligent and Extremely Accurate Blood Pressure Measurement Sensors
Market Growth Drivers:
Increasing Demand for Technologically Advanced Wearable Devices and Upsurging Blood Pressure Concerns across the Global Population
Challenges:
HIgher Development Costs with Several Durability Concerns and Lack of Awareness about Wearable Technologies from Underdeveloped Economies
Restraints:
Availability of Numerous Substitutes Products and Significantly Expensive than the Conventional Blood Pressure Monitoring Devices
Opportunities:
Introduction to Healthcare Technological Advancements and Robustly Increasing Health Awareness across the Global Population
Market Leaders and their expansionary development strategies
In January 2024, Samsung, India’s largest electronics brand, has launch of blood pressure and electrocardiogram (ECG) tracking features for Galaxy Watch6 series for the first time in India through an OTA (over-the-air) roll out. With the Samsung Health Monitor BP and ECG tracking on Galaxy Watch 6 series, users can now conveniently monitor their health, support their fitness regimes and enable regular health checkups.
On July 1, 2019, OMRON Corporation has globally launched E2EW Series Full Metal Proximity Sensors, which will boast the world's longest sensing distances. The sensors enabled both detection stability for different material components and durability with the full metal body. They help enhance productivity in the automotive industry, where downtime leads large production opportunity losses, by reducing risks of sudden stoppages due to sensors occurred in the welding processes for automobiles.
Key Target Audience
Wrist Blood Pressure Monitor Manufacturers, Blood Pressure Monitor Distributors and Traders, Wearable Technology Industry Associations, Upstream and Downstream Buyers, Government Agencies, Research and Development Institutes, Healthcare Technology Providers and Others
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.