Blood Pressure Monitoring Market Size, Share & COVID-19 Impact Analysis | Global | 2022-2028 | MedCore | Includes: Personal and Professional Monitoring Devicesd
- Year: 2022
- Scope: 10 Years
- Region: Global
- Type: MedCore
In 2021, the global blood pressure monitoring device market size was valued at $1.4 billion. The total market size is expected to increase at a compound annual growth rate (CAGR) of 2.3% to exceed $1.7 billion in 2028 and is a sub-section within our global patient monitoring equipment MedSuite.
The global market for blood pressure monitoring includes personal monitoring devices and professional monitoring devices. Personal devices are purchased by individuals and often used in the home, whereas professional devices are purchased by physicians for use in clinics, hospitals or other healthcare facilities.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2028, and Historical Data to 2018
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Procedure Volumes
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- COVID-19 Impact Analysis
COVID-19 IMPACT ANALYSIS ON THE GLOBAL BLOOD PRESSURE MONITORING MARKET
Many of the key market segments, including blood pressure monitoring devices experienced a positive increase in total market value due to the COVID-19 pandemic. Despite overall declines to most procedural volumes on a global scale, monitoring of key patient vitals became increasingly important as the pandemic developed. This greatly increased the demand for various monitoring devices, particularly in regions with historically low saturation rates.
GLOBAL BLOOD PRESSURE MONITORING MARKET SHARE INSIGHTS
Overall, within the global market there are two dominant competitors: Omron Healthcare and Welch Allyn.In 2021, the leading competitor in the global blood pressure monitoring market was Omron Healthcare. Omron is a globally recognized brand for blood pressure monitoring devices. The company tends to be a dominant market player in its home country of Japan, as well as in the rest of the Asia-Pacific region. In addition, the company was also the market leader in North America and Western Europe.
MARKET SEGMENTATION SUMMARY
You can view all these included reports and segmentation here:
- Personal Blood Pressure Monitoring Devices – In 2021, the personal market grew in the mid-single digits.
- Professional Blood Pressure Monitoring Devices – In 2021, the professional market grew in the low-single digits.
Global Research Scope Summary
|Regions|| North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
|Quantitative Coverage||Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.|
|Qualitative Coverage||COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.|
|Data Sources||Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.|
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- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
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Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
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