The global wearable blood pressure monitor market is experiencing impressive growth, with the market size reaching USD 1.8 billion in 2021. Projections indicate that sales of wearable blood pressure monitors will surpass USD 2.1 billion by 2022, demonstrating a remarkable growth trajectory.
According to recent forecasts, the market is expected to continue expanding at a robust compound annual growth rate (CAGR) of approximately 15% to 16% throughout the forecast period from 2022 to 2032. By the end of 2032, the demand for wearable blood pressure monitors is anticipated to reach around USD 8 billion.
This growth is driven by increasing consumer awareness of health monitoring, advancements in wearable technology, and a rising focus on proactive health management. Wearable blood pressure monitors offer users a convenient way to track their cardiovascular health in real-time, contributing to their growing popularity.
Future Market Insights (FMI) offers a thorough assessment of the present status of the global wearable blood pressure monitor industry in its most recent research analysis. It covers important topics such as volume, value, production, and consumption. Leveraging insightful analysis, the report delves into demand patterns and future prospects, categorizing the market into various segments based on end uses, regions, and key players.
Understanding the Impact of Covid-19 on Healthcare Industry
With the pandemic affecting the majority of countries around the world, the healthcare industry is experiencing its fair share of “ups and downs.” The COVID-19 has put a significant strain on the healthcare industry’s workforce, facilities, and infrastructure. Despite the constant pressure, the healthcare sector is growing at a moderate pace as a result of infrastructure improvements and technological advancements. The healthcare sector is delivering a healthy performance.
The latest FMI report on the Wearable Blood Pressure Monitor market provides a detailed analysis of the impact of COVID-19, as well as incisive coverage of the innovative strategies adopted by market players to overcome pandemic challenges.
Wearable Blood Pressure Monitor Market players
- OMRON Corporation
- Pyle Audio
- Blipcare
- Koninklijke Philips N.V.
- Nokia Corporation,
- ForaCare Suisse AG
- Qardio, Inc.
- iHealth Labs Inc.
- Koogeek Inc.
- Inventum Huishoudelijke Apparaten B.V.
- Xiaomi, Medaval Ltd.
- Others
A Old Full Report Analysis Click Here
Wearable Blood Pressure Monitor Market: Segmentation
By Product Type:
- Wrist Blood Pressure Monitor
- Upper Arm Blood Pressure Monitor
- Finger Blood Pressure Monitor
By Connecting Technology:
- WiFi Based
- Bluetooth Based
By Indication:
- Hypotension
- Hypertension
- Irregular Heart Beat
By Measurement Type:
- Oscillometric Method
- Arterial Tonometry
- Pulse Transit Time Method
By End User:
- Hospital
- Clinic
- Ambulatory Care
- Home Care Settings
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia-Pacific Excluding China and Japan
- China
- Japan
- Middle East and Africa
Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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