Market Research Report
Blood Pressure Monitoring Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
|Blood Pressure Monitoring Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026|
Published: June 15, 2021
IMARC Services Private Limited
Content info: 108 Pages
Delivery time: 2-3 business days
The global blood pressure monitoring devices market is expected to exhibit strong growth during 2021-2026. The blood pressure (BP) monitoring device is a machine that is used to accurately measure the blood pressure of an individual. It consists of an inflatable cuff, air pressure sensor and a pump. The cuff is placed on the left arm of the user which collapses and releases the artery beneath the cuff in a controlled manner. This measures the amount of blood pumped by the heart and the recorded blood pressure is then displayed on the device. Several portable, lightweight and inexpensive BP monitors have been launched in the market. They are easy to use with a large reading display. Additionally, these digital devices are also capable of storing numerous previous readings which aid the users to keep track of their average blood pressure.
Growing awareness about the risks associated with hypertension is one of the major factors that is catalyzing the growth of the market. A severe case of hypertension can often lead to stroke, cardiovascular disorders and kidney failure, which can ultimately result in an untimely death. A majority of the population therefore monitors their blood pressure on a regular basis by using digital and portable BP devices. This allows the users not only to keep a check on their pressure but also enables them to consult a doctor as soon as any peculiarity is witnessed. Apart from this, an increase in the geriatric population has also impelled the demand for such devices. Furthermore, manufacturers are continually engaging in research and development (R&D) activities to improve the performance of these devices. Several variants of these monitors have been introduced in the market that offer multi-user interface while providing average blood pressure readings of each user. Other factors contributing to the market growth include rising disposable incomes and healthcare expenditures, increasing inclination toward proactive monitoring, and government initiatives regarding the advantages of home-based BP devices. Looking forward, IMARC Group expects the global blood pressure monitoring devices market to grow at a CAGR of around 9% during the forecast period (2021-2026).
IMARC Group's latest report provides a deep insight into the global blood pressure monitoring devices market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the blood pressure monitoring devices market in any manner.