How big is the blood pressure monitor market?
1.Liquid-free blood pressure monitor have 42% market share
Global blood pressure monitor Market size reached USD 2.5 billion in 2024 and is expected to reach USD 4.8 billion by 2029.
Liquid-free blood pressure monitor market share of 42% by 2024, technological developments and new product launches are expected to increase the demand for blood pressure monitor globally. The demand for digital blood pressure monitor is expected to grow at a rapid pace owing to their advantages such as accuracy and ease of use.
Electronic blood pressure monitor accounted for 38% of the market share and mercury blood pressure monitor accounted for 20% of the market share.
North America accounted for 34% market share in 2024 owing to its highly regulated and sophisticated healthcare system. Increasing investments in the development of accurate and effective blood pressure monitors are expected to fuel the growth of the blood pressure monitoring devices business in the coming years. Moreover, new product launches and technological improvements are expected to drive the market expansion
Global market size growth to reach USD 2.3 billion by 2024-2029
2.driving force
The global blood pressure monitor market is expected to grow considerably due to the development of improved blood pressure monitor, continuous innovations in blood pressure monitor devices, and increasing use of blood pressure monitor for self-monitoring to limit the risk of infections.
Rising prevalence of hypertension along with changing lifestyle is the major factor driving the industry during the projected period.The demand for blood pressure monitor is quite strong due to the expanding geriatric population base, obesity and sedentary lifestyles leading to an increased risk of lifestyle related diseases in the general population.
3.competitive landscape
Key players in the global market include A&DCompany (India), WelchAllyn (U.S.), Koninklijke Philips N.V. (Netherlands), General Electric (U.S.), Omron (Japan), BeurerGmbH (Germany), PaulHartmannAG (Germany), Omron (Japan), BeurerGmbH (Germany), and Paul HartmannAG (Germany).
(Netherlands), General Electric (United States), Omron (Japan), BeurerGmbH (Germany), Paul HartmannAG (Germany),
MicrolifeCorporation (Switzerland), AmericanDiagnostic (USA).
- Manual Sphygmomanometers Market Share to 34% by 2024
- The usage scenarios are hospitals, ambulatory surgery centers, and clinics, with the hospital market accounting for 32% market share in 2024
To summarize, the sphygmomanometer market is witnessing unprecedented growth opportunities. In the Chinese market, the demand for sphygmomanometers will continue to grow with the increasing number of hypertensive patients and rising health awareness. In the future, the sphygmomanometer industry will pay more attention to technological innovation and improvement of user experience to provide consumers with better and more convenient health management services.
What is the best brand of wrist BP monitor?
Shenzhen Hanhan Medical leads the global medical electronics market
