The recent market research analysis of “Blood Pressure Monitors Market: Global Demand Analysis Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global blood pressure monitors market in terms of market segmentation by product type, end user and by region over the forecast period, i.e., 2023-2033.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global blood pressure monitors market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
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Blood pressure monitors market to find numerous growth opportunities on the back of emergence of innovative product launches by key players, finds Research Nester
The global blood pressure monitors market is estimated to grow majorly on account of the increasing cases of hypertension among people worldwide. According to WHO, hypertension increases the risk of heart attacks, strokes, and kidney failure. Approximately 1.28 billion adults worldwide aged 30-79 years have hypertension, of whom 66% live in low- and middle-income countries. In addition, increasing medicare expenditure, a rise in the geriatric population, a huge incidence of cardiovascular diseases along with growing exports of medical devices is expected to drive market growth over the forecast period.
The global blood pressure monitors market is segmented on the basis of product type aneroid BP monitors, sphygmomanometers, digital BP monitor, and ambulatory BP monitors. The ambulatory BP monitors segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period owing to the innovative products launched by key market players. For instance, In June 2021, Biobeat announced the availability of its disposable and easy-to-use ABPM system, which allows physicians to monitor patient cardiac data outside the office, giving physicians a comprehensive and accurate picture of their patients' health. Patients can record their blood pressure readings over a 24-hour period using an ambulatory blood pressure monitor, regardless of whether they are awake or asleep.
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By region, the North America blood pressure monitors market is to generate the highest revenue by the end of 2033. This growth is anticipated by improved health infrastructure and an increase in heart disease prevalence. Cardiovascular disease is the leading cause of death in the United States, with a death occurring every 34 seconds, according to the Centers for Disease Control and Prevention. There are estimated to be 697,000 heart disease-related deaths in America in 2020. Moreover, an increase in undiagnosed high blood pressure cases, growing investments in accurate and effective blood pressure monitors, and new product launches further expected to support the growth of the regional market.
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The research is global in nature and covers detailed analysis on the blood pressure monitors market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global blood pressure monitors market size, Y-O-Y growth opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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This report also provides the existing competitive scenario of some of the key players of the global blood pressure monitors market which includes company profiling of American Diagnostic Corporation, Withings Briggs Healthcare, Rossmax International Ltd., Spacelabs Healthcare, AD Company, Braun Healthcare, Biobeat, Medtronic plc, General Electric Company, Koninklijke Philips N.V., The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global blood pressure monitors market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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