Wearable Blood Pressure Monitor Market by Measurement, Use, Component, Indication, Distribution Channel, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Wearable Blood Pressure Monitor Market is forecasted to grow significantly, with a projected USD 2,472.57 million in 2023 at a CAGR of 16.17% and expected to reach a staggering USD 7,070.14 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Wearable Blood Pressure Monitor Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Wearable Blood Pressure Monitor Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Measurement, market is studied across Arterial Tonometry, Oscillometric Method, and Pulse Transit Time Method. The Oscillometric Method commanded largest market share of 34.15% in 2022, followed by Pulse Transit Time Method.

Based on Use, market is studied across Arm and Wrist. The Wrist commanded largest market share of 72.65% in 2022, followed by Arm.

Based on Component, market is studied across Battery, Bluetooth IC, Display, Memory, Processor, and Sensor. The Battery commanded largest market share of 23.34% in 2022, followed by Sensor.

Based on Indication, market is studied across Hypertension, Hypotension, and Irregular Heart Beat. The Irregular Heart Beat commanded largest market share of 34.74% in 2022, followed by Hypotension.

Based on Distribution Channel, market is studied across Offline Mode and Online Mode. The Offline Mode is further studied across Hypermarkets and Pharmacies. The Offline Mode commanded largest market share of 75.50% in 2022, followed by Online Mode.

Based on Application, market is studied across Home Healthcare, Remote Patient Monitoring, and Sports & Fitness. The Sports & Fitness commanded largest market share of 34.14% in 2022, followed by Home Healthcare.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.77% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Wearable Blood Pressure Monitor Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Wearable Blood Pressure Monitor Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Wearable Blood Pressure Monitor Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Wearable Blood Pressure Monitor Market?

4. What is the competitive strategic window for opportunities in the Global Wearable Blood Pressure Monitor Market?

5. What are the technology trends and regulatory frameworks in the Global Wearable Blood Pressure Monitor Market?

6. What is the market share of the leading vendors in the Global Wearable Blood Pressure Monitor Market?

7. What modes and strategic moves are considered suitable for entering the Global Wearable Blood Pressure Monitor Market?

Product Code: MRR-4318FBFE0288

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Wearable Blood Pressure Monitor Market, by Measurement, 2022 vs 2030
4.3. Wearable Blood Pressure Monitor Market, by Use, 2022 vs 2030
4.4. Wearable Blood Pressure Monitor Market, by Component, 2022 vs 2030
4.5. Wearable Blood Pressure Monitor Market, by Indication, 2022 vs 2030
4.6. Wearable Blood Pressure Monitor Market, by Distribution Channel, 2022 vs 2030
4.7. Wearable Blood Pressure Monitor Market, by Application, 2022 vs 2030
4.8. Wearable Blood Pressure Monitor Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increase in Geriatric Population and Prevalence of Hypertension
  - 5.1.1.2. Growing Adoption of Wearable Blood Pressure Monitors in Home Healthcare
  - 5.1.1.3. Inclination of Athletes and Fitness Enthusiasts Towards Smart Wearable Health Metrics Monitoring Devices
- 5.1.2. Restraints
  - 5.1.2.1. Limited Accuracy of Wearable Blood Pressure Monitor Devices
- 5.1.3. Opportunities
  - 5.1.3.1. Technological Advancement in the Blood Pressure Monitoring Devices
  - 5.1.3.2. Surge in Online Purchase Patterns by Consumers
- 5.1.4. Challenges
  - 5.1.4.1. Privacy Concerns Regarding Transmitting Sensitive Patient Information
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization
- 5.9.1. Regulatory Framework
- 5.9.2. Patent Analysis & Pipeline

6. Wearable Blood Pressure Monitor Market, by Measurement

6.1. Introduction
6.2. Arterial Tonometry
6.3. Oscillometric Method
6.4. Pulse Transit Time Method

7. Wearable Blood Pressure Monitor Market, by Use

7.1. Introduction
7.2. Arm
7.3. Wrist

8. Wearable Blood Pressure Monitor Market, by Component

8.1. Introduction
8.2. Battery
8.3. Bluetooth IC
8.4. Display
8.5. Memory
8.6. Processor
8.7. Sensor

9. Wearable Blood Pressure Monitor Market, by Indication

9.1. Introduction
9.2. Hypertension
9.3. Hypotension
9.4. Irregular Heart Beat

10. Wearable Blood Pressure Monitor Market, by Distribution Channel

10.1. Introduction
10.2. Offline Mode
- 10.2.1. Hypermarkets
- 10.2.2. Pharmacies
10.3. Online Mode

11. Wearable Blood Pressure Monitor Market, by Application

11.1. Introduction
11.2. Home Healthcare
11.3. Remote Patient Monitoring
11.4. Sports & Fitness

12. Americas Wearable Blood Pressure Monitor Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Wearable Blood Pressure Monitor Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Wearable Blood Pressure Monitor Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player

16. List of Company Mentioned

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing