Home Blood Pressure Monitors Market Size, Share, Trends, Growth Analysis, Development, Revenue, Future Growth and Forecast to 2030
To prepare market research report, certain steps are to be followed for collecting, recording and analysing market data. Home Blood Pressure Monitors Market research report identifies and analyses the emerging trends along with major drivers, inhibitors, challenges and opportunities in the market. In this era of globalization, the whole world is the marketplace and hence businesses seek to adopt a global market research report. This is a professional and in depth market report that focuses on primary and secondary drivers, market share, possible sales volume, leading segments and geographical analysis. With the winning Home Blood Pressure Monitors Market report, a strong organization can be built which can make better decisions for a successful business.
Home Blood Pressure Monitors Market report gives an edge to compete and to outdo the competition. By understanding client’s requirements precisely, this report brings together business and product information for the sustainable growth in the market. A team of multi-lingual analysts and project managers is right there who are skilled to serve clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. The large scale Home Blood Pressure Monitors Market research report estimates the growth rate and the market value based on market dynamics and growth inducing factors.
Data Bridge Market Research analyses that the home blood pressure monitors market was valued at USD 2.89 billion in 2022 and is expected to reach USD 4.91 billion by 2030, growing at a CAGR of 6.85% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Home blood pressure monitoring devices is a self-monitoring device which is used to access blood pressure in patients suffering from hypertension and major guidelinesmajor guidelines suggest it suggest it. This home-based device is used to calculate improved control blood pressure, helps predict cardiovascular risk, and the diagnosis of white blood pressure. All home blood pressure monitoring devices require validation to reduce inaccurate readings.
Some of the major players operating in the home blood pressure monitors market are:
- A & D Medical (India)
- Welch Allyn (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- General Electric (U.S.)
- Suntech Medical (India)
- Omron (Japan)
- Beurer GmbH (Germany)
- Paul Hartmann AG (Germany)
- Microlife Corporation (Switzerland)
- American Diagnostic (U.S.)
- Rossmax International (Japan)
- Rudolf Riester GmbH (Germany)
- Briggs Healthcare (U.S.)
- Terumo Corporation (Japan)
- Medtronic (Ireland)
- Abbott (U.S.)
- Mindray Medical India Pvt. Ltd. (China)
- LifeWatch AG (Switzerland)
- NIHON KOHDEN CORPORATION (Japan)
Home Blood Pressure Monitors Market Dynamics
Drivers
- Growing Quality Healthcare At Home
With the initiation of remote patient monitoring technologies, the detection of minute changes in the patient’s physiological data can be addressed. Consequently, re-admissions and avoidable hospitalizations are minimized. Additionally, these technologies decrease the number of visits to physicians and the travel-related costs related to receiving quality medical care. Furthermore, Ambulatory BP monitoring (ABMP) is extensively used to measure out-of-office BP readings at particular time intervals, in 24 hours. It offers a great way to predict long-term CVD outcomes. If these technologies are properly implemented, it can widely increase access to quality healthcare while saving money and time in the short and long run. Thus, home based monitoring is largely helping people.
- High Accuracy of Manual Sphygmomanometers
Manual blood pressure monitors offer more accurate readings than other devices. They also help in confirming the patient’s diagnosis of hypertension. As per the latest research articles, high blood pressure is a major burden globally, with death rates of around 13% to 14%. Sphygmomanometers provide accurate blood pressure measurements and early diagnosis, averting additional severe health conditions which can lead to death. Thus, this factor help in increasing the market growth.
Recent Developments
- In 2022, LiveMetric launched LiveOne, a nano-sensor technology used to monitor blood pressure every 10 seconds. LiveOne is a wrist-worn, cuff-free solution that gives real-time measurements for better management of people suffering from hypertension and other cardiovascular disorders.
- In 2022, InBody launched the InBody BP 170 blood pressure monitor, a new at-home automatic blood pressure monitor with a large display for optimal visibility.
Global Home Blood Pressure Monitors Market Scope
The home blood pressure monitors market is segmented on the basis of type, product and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Upper Arm Monitors
- Wrist Monitors
- Accessories
Product
- Sphygmomanometers
- Digital BP Monitor
- Ambulatory BP Monitors
Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Stores
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