Rising Prevalence of Hypertension Boosting Growth in Blood Pressure Monitoring Devices Market: TMR Study

News provided by

Nov 09, 2022, 04:30 ET

Increasing demand for blood transducers propelling overall market; COVID-19 pandemic outbreak boosts market growth
Rising prevalence of chronic diseases such as diabetes expected to augment market growth during the forecast period

WILMINGTON, Del., Nov. 9, 2022 /PRNewswire/ -- The last decade has witnessed a shift in lifestyle especially among the working population who are spending increased number of hours at office spaces. This has impacted the normal functioning of the human body and led to fluctuations in aspects such as blood pressure levels.

As a result, different blood pressure monitoring devices such as automatic blood pressure monitors, blood pressure transducers, ambulatory blood pressure monitors, and sphygmomanometers are witnessing high demand and triggering the market growth.

As per Transparency Market Research study, the global blood pressure monitoring devices market was valued at US $1.5Bn in 2020.

Prominent blood pressure monitoring devices market players are looking to generate new revenue streams by launching new products.

Get Exclusive PDF Sample Copy of Blood Pressure Monitoring Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=82879

For example, Biobeat, in May 2021, launched a new wearable and continuous ambulatory blood pressure monitoring device.

Furthermore, in a bid to produce improved products that would meet consumer requirements across different end-use industries prominent blood pressure monitoring devices market players are investing in research and development activities.

Key Findings of Blood Pressure Monitoring Devices Market Study

Increasing Prevalence of Hypertension Stimulating Growth in Blood Pressure Monitoring Devices Market: The past few years have witnessed increase in patient population suffering from hypertension. Key factors behind the increase in prevalence of hypertension include reduced physical activity, increased alcohol consumption and altering lifestyles due to changes in diet. These factors have led increase in blood pressure levels and in turn, fueled product demand and stimulated market growth
Rising Demand for Blood Transducers Augmenting Growth in Blood Pressure Monitoring Devices Market: The last few years have witnessed an increase in demand for blood transducers. Key reason behind the rise in demand for blood transducers is because of advantages such as strong structural integrity and improved reliability, over other products. Furthermore, blood transducers have been used to transfer key information from blood pressure monitoring tubes to a diseased patient's monitoring system
COVID-19 Pandemic Boosts Growth in Blood Pressure Monitoring Devices Market: The outbreak of the coronavirus pandemic fueled the growth in global blood pressure monitoring devices market. Increasing threat of contracting the virus led to patients preferring to monitor their condition at home. This aspect increased product demand and stimulated the growth in overall blood pressure monitoring devices market during the pandemic phase

Ask for References – https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=82879

Blood Pressure Monitoring Devices Market: Key Drivers

Rising prevalence of chronic diseases such as diabetes is expected to be one of the key driving factors of global blood pressure monitoring devices market during the forecast period between 2021 and 2031
Advancements to existing wearable medical products is triggering the demand for blood pressure monitoring devices and augmenting the growth in blood pressure monitoring devices market

Blood Pressure Monitoring Devices Market: Key Players

Competition landscape in global blood pressure monitoring devices market is fragmented owing to presence of numerous leading players. It is expected that the entry of new players will intensify the competition in overall market, during the forecast period.

In a bid to expand their presence in global market, well-established blood pressure monitoring devices market players are adopting growth strategies such as signing of collaborative agreements with smaller players.

Few prominent players in global market include GE Healthcare, Celularity Inc., Omron Healthcare Inc., Spacelabs Healthcare, American Diagnostic Corp., and Withings SA.

Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=82879

The global blood pressure monitoring devices market is segmented as follows:

Device

Sphygmomanometers
Mercury Sphygmomanometers
Aneroid Sphygmomanometers
Digital Sphygmomanometers
Automatic Blood Pressure Monitors
Ambulatory Blood Pressure Monitors
Blood Pressure Transducers

End-use

Hospitals & Clinics
Ambulatory Surgical Centers
Homecare Settings
Others

Region

North America
Europe
Asia Pacific
Latin America

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:

Wheelchairs Market: The global wheelchairs market is anticipated to reach more than US$ 7.3 Bn by the end of 2031 at a CAGR of 6.3% from 2022 to 2031.

Hearing Aids Market: The global hearing aids market is anticipated to reach more than US$ 12.9 Bn by the end of 2031 at a CAGR of 5.2% from 2022 to 2031.

Orthopedic Implants Market: The global orthopedic implants market is anticipated to reach more than US$ 56.3 Bn by the end of 2031 at a CAGR of 5.0% from 2022 to 2031.

Non-invasive Brain Stimulation System Market: The global non-invasive brain stimulation system market is anticipated to reach more than US$ 1.04 Bn by the end of 2031 at a CAGR of 6.3% from 2022 to 2031.

Dental Consumables Market: The global dental consumables market is anticipated to reach more than US$ 49.8 Bn by the end of 2031 at a CAGR of 7.1% from 2022 to 2031.

Pediatric Home-use Medical Devices Market: The global pediatric home-use medical devices market is anticipated to reach more than US$ 4.27 Bn by the end of 2031 at a CAGR of 6.2% from 2022 to 2031.

Nurse Call Systems Market: The global nurse call systems market is anticipated to reach more than US$ 4.2 Bn by the end of 2031 at a CAGR of 9.8% from 2022 to 2031.

Diabetes Devices Market: The global diabetes devices market is anticipated to reach more than US$ 90.2 Bn by 2031 at a CAGR of 6.0% from 2022 to 2031.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]