Blood Pressure Monitoring Testing Market is Growing Rapidly with Current and Future Business Opportunities

June 7th, 2023 Coherent Market Insights Releases

Sphygmomanometers (aneroid, mercury, and digital), automated blood pressure monitors, ambulatory blood pressure monitors, blood pressure transducers, and blood pressure instrument accessories are all used in blood pressure monitoring and testing.

The market for medicines used in blood pressure monitoring testing is anticipated to reach US$ 4,560.1 million in 2021 and grow at a CAGR of 11.7% during the forecast period (2021-2028).

Get Exclusive Sample PDF Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/4617

Recent Developments:

The debut of Biobeat's new wearable and continuous ambulatory blood pressure monitoring (ABPM) chest-monitoring gadget is scheduled for May 26, 2021, according to the company, a leader in wearable remote patient monitoring solutions for the healthcare continuum.

The need for disposable blood pressure cuffs will rise as a result of Vancouver Coastal Health, a regional health authority, replacing its reusable blood pressure cuffs with disposable ones in July 2020 to minimize cross-contamination and stop the spread of COVID-19.

The new VitalSight home blood pressure monitoring device will be made available to patients in July 2020 thanks to a collaboration between Omron Healthcare Inc. and Mount Sinai Health System, the largest academic medical center in New York City.

In terms of volume, North America owned the majority of the market for blood pressure monitoring tests in 2020, with a 44.9% share, followed by Europe and Asia Pacific. The rising incidence of cardiac illnesses, an increase in product introductions in recent years, and the expanding use of home blood pressure monitors in the region are all factors contributing to the growth of the North American market over the projection period. For instance, according to data from the Centers for Disease Control and Prevention (CDC), approximately 500,000 deaths in the United States occurred in 2018 as a result of primary or secondary hypertension, and nearly half of adults with uncontrolled hypertension (45%) have blood pressure readings of 140/90 mm Hg or higher. 37 million adult Americans are included in this.

Global Blood Pressure Monitoring Testing Market: Drivers

Over the projection period, rising rates of hypertension are anticipated to fuel market expansion for global blood pressure monitoring tests. For instance, a cross-sectional population-based study titled "Diabetes and Hypertension in India: A Nationally Representative Study of 1.3 Million Adults" reported that the overall prevalence of hypertension in India was 25.3% between 2012 and 2014 (JAMA Internal Medicine, March 2018).

Moreover, a growing geriatric population is anticipated to support market expansion. For instance, the U.S. Census Bureau projects that by 2034, there will be 77 million elderly people living in the country.

Global Blood Pressure Monitoring Testing Market: Opportunities

Players in the worldwide blood pressure monitoring testing market may benefit from lucrative growth possibilities due to the rising prevalence of cardiovascular disorders in emerging economies. For instance, the study "Cardiovascular Diseases in India Compared With the United States" found that in 2016, the estimated age-standardized prevalence of CVD in India was 5,681 per 100,000.

Moreover, industry participants can concentrate on creating wearable blood pressure monitoring gadgets to broaden their product line.

Market Trends

The market's major players are concentrating on implementing collaboration strategies to increase the scope of their product offering. For instance, in April 2020, OMRON Healthcare, Co., Ltd. and AliveCor, Inc. collaborated to combine blood pressure devices from OMRON with AliveCor's ECG technology for non-invasive remote monitoring devices.

Leading industry participants are also concentrating on raising awareness of cardiovascular disorders. For instance, Withings SA collaborated with the World Heart Federation in September 2019 to increase awareness of cardiovascular disorders.

Direct Buy This Premium Research Report: https://www.coherentmarketinsights.com/insight/buy-now/4617

Global Blood Pressure Monitoring Testing Market: Competitive Landscape

A&D Medical, Inc., Contec Medical Systems Co., Ltd., Covidien Plc, GE Healthcare, Masimo Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., SunTech Medical, Inc., Nihon Kohden Corporation, Philips Healthcare, Spacelabs Healthcare, Omron Healthcare, Inc., Withings sas, and Welch Allyn, Inc. are major players in the global blood pressure monitoring testing market (Hill-Rom, Inc.)

Key Takeaways of the Graph:

Global Blood Pressure Monitoring Testing Market: Restraints

It is anticipated that unfavorable reimbursement policies may impede market expansion. Not all forms of blood pressure monitoring equipment are covered by insurance. For instance, Medicare only pays out for ambulatory blood pressure monitors used to diagnose white coat hypertension in the United States.

Moreover, particularly in emerging nations, lifestyle diseases frequently go undiagnosed, which is also anticipated to restrain market expansion.

Global Blood Pressure Monitoring Testing Market: Key Developments

To increase the variety of items they offer, the major market participants are concentrating on launching new and revised products. For instance, OMRON Healthcare, Inc. introduced new, improved variants of its blood pressure monitors in October 2019 along with new features.

Similar to this, Withings sas introduced two new at-home blood pressure monitors in July 2019: the Withings BPM Connect, an upgraded version of the original Withings BPM, and the Withings BPM Core, an over-the-counter gadget that measures blood pressure.

𝐊𝐞𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐨𝐢𝐧𝐭𝐞𝐫𝐬 & 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

Request for Enquiry or Customization @ https://www.coherentmarketinsights.com/insight/request-customization/4617

Table of Contents with Major Points:

Executive Summary

Executive Summary

Market Overview

Key Insights

Qualitative Insights Impact of COVID-19 on Global Blood Pressure Monitoring Testing Market

Conclusion

Appendix

TOC Continued…!

Explore More Report:

Fetal monitoring market

Cardiac remote patient monitoring devices market

Special purpose needles market

Intra abdominal pressure measurement devices market

Homecare self monitoring device market

Latin america capnography equipment market

Healthcare chatbots market

Healthcare asset management market

Muscle stimulation devices market

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:

Mr Shah

Coherent Market Insights

533 Airport Boulevard, Suite 400, Burlingame,CA 94010, United States.Email: [email protected] States of America: +1-206-701-6702United Kingdom: +44-020-8133-4027Japan: +050-5539-1737India: +91-848-285-0837

Sign up and submit a press release