+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Blood Pressure Monitoring and Measurement Instruments - Global Market Trajectory & Analytics

  • ID: 338844
  • Report
  • July 2020
  • Region: Global
  • 330 Pages
  • Global Industry Analysts, Inc
Global Blood Pressure Monitoring and Measurement Instruments Market to Reach $2.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Blood Pressure Monitoring and Measurement Instruments estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at a CAGR of 8.8% over the analysis period 2020-2027. Sphygmomanometer/Aneroid BP Monitor, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Automated/Digital Blood Pressure Monitor segment is readjusted to a revised 9.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $359.7 Million, While China is Forecast to Grow at 13.2% CAGR

The Blood Pressure Monitoring and Measurement Instruments market in the U.S. is estimated at US$359.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$558.5 Million by the year 2027 trailing a CAGR of 13.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.

Transducers Segment to Record 8% CAGR

In the global Transducers segment, USA, Canada, Japan, China and Europe will drive the 7.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$99.2 Million in the year 2020 will reach a projected size of US$164.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$335.8 Million by the year 2027, while Latin America will expand at a 9.5% CAGR through the analysis period. We bring years of research experience to this 15th edition of our report. The 330-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • A&D Medical
  • American Diagnostic Corporation
  • Beurer GmbH
  • Bokang Instruments Co., Ltd.
  • Briggs Healthcare
  • Draegerwerk AG & Co., KGaA
  • GE Healthcare Ltd.
  • GF Health Products Inc.
  • HealthSTATS International Pte Ltd.
  • iHealth Labs, Inc.
  • Jitron Pte Ltd.
  • Medel International srl
  • Microlife AG
  • Omron Healthcare Co., Ltd.
  • Philips Healthcare
  • Rossmax International Ltd.
  • Shenzhen Kingyield Technology Co., Ltd.
  • Spacelabs Healthcare Inc.
  • SunTech Medical Inc.
  • Welch Allyn Inc.
  • Withings

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

BP Monitors: Enabling Efficient Management of Hypertension for Preventing Life-Threatening Complications

Recent Market Activity

BP Monitors: Measuring, Monitoring and Managing Issues Associated with High Blood Pressure

Growth Drivers in a Nutshell

Alarming Rise in Global Prevalence of Hypertension and the Need for Timely Monitoring Drive Steady Demand for BP Monitors

Hypertension: The Invisible Killer?

High Blood Pressure: A Defensive and Corrective System Rather than a Disease

Hypertension in Pregnancy Can Prove Fatal

Notable Device Trends

Professionals Favor Traditional Devices

Increasing Preference for Disposable Transducers over Reusable Transducers

Upper-Arm Monitors Integrated with Multiple Functions and Memory

High Blood Pressure (BP): A Potent Cause of Cardiovascular Diseases

CVD: High Prevalence Linked to Hypertension

Strokes and Arteriosclerosis

Hypertension in Teens and Kids

Masked Hypertension: Antithesis to White Coat Hypertension

Global Market Outlook

Global Competitor Market Shares

Blood Pressure Monitoring and Measurement Instruments Competitor Market Share Scenario Worldwide (in %): 2018 & 2029

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

A&D Medical (USA)

American Diagnostic Corp. (USA)

Beurer GmbH (Germany)

Bokang Instruments Co., Ltd. (China)

Briggs Healthcare (USA)

Draegerwerk AG & Co. KGaA (Germany)

GE Healthcare Ltd. (UK)

GE Healthcare Ltd. (UK)

HealthSTATS International Pte Ltd. (Singapore)

iHealth Labs, Inc. (USA)

Jitron Pte Ltd. (Singapore)

Medel International srl (Italy)

Microlife AG (Switzerland)

Omron Healthcare Co., Ltd. (Japan)

Omron Healthcare Co., Ltd. (Japan)

Ozeri USA (USA)

PAUL HARTMANN AG (Germany)

Philips Healthcare (USA)

Rossmax International Ltd. (Taiwan)

Shenzhen Kingyield Technology Co., Ltd. (China)

Spacelabs Healthcare, Inc. (USA)

Spirit Medical Co., Ltd. (Taiwan)

Spirit Medical Co., Ltd. (Taiwan)

TaiDoc Technology Corp. (Taiwan)

Tarilian Laser Technologies Ltd. (UK)

W.A. Baum Co. Inc. (USA)

Welch Allyn, Inc. (USA)

Withings (France)

3. MARKET TRENDS & DRIVERS

Hypertension Related Complications in the Expanding Aging Population Drives the Focus on BP Monitoring

Demographic Statistics of the Global Aging Populace: Unfurling the Market Potential

Rising Popularity of Public Blood Pressure Monitoring Programs Benefits Market Expansion

Benefits of Public BP Devices

Bottlenecks in Public BP Devices

Supported by Digital Versions, Sphygmomanometers Continue to Dominate BP Monitors Sales

Steady Technology Evolution of Digital BP Monitoring Devices Drive Faster Growth

Mercury Sphygmomanometers Gradually Phase Out

Portability and Effectiveness Attributes Drive Demand for Ambulatory BP Monitoring Systems

Will Ambulatory Devices Completely Eliminate Office BP Monitors?

Need to Replace Manual and Semi-Automatic Sphygmomanometers Signals Prospects for Automated Office BP (AOBP) Measurement

Advantage of AOBP over Semi-automated Electronic Sphygmomanometers

Growing Prominence of Remote Blood Pressure Monitoring Spurs Demand for Home Use BP Monitors

Importance of Accuracy in Home BP monitors

Blood Pressure Transducer: A Cost Effective Solution for Detection of Blood Pressure Imbalances

Increasing Obesity Levels Lends Traction to Market Growth

Mobile-Based Devices Set to Revolutionize the BP Monitoring Market Arena

A Few Popular BP Monitoring Smartphone Apps

Smartphone Penetration Favors Self BP Monitoring Market

Underpenetrated Nature & Undiagnosed Population in Developing Countries Offer Lucrative Growth Opportunities

China: An Untapped Goldmine for Blood Pressure Monitoring Devices

Rising Hypertensive Populace Spurs Growth in the Indian BPM Market

Smart Connected Devices for Blood Pressure Monitoring

Blip Blood Pressure Monitor that Works with Wi-Fi

QardioArm BP Monitor

Withings Wireless BP Monitors

Wireless BP Monitor iHealth Feel

Fitbit BP Monitors

Blumio Armband to Track Blood Pressure

Smart Ambulatory Blood Pressure Monitor

SimpleOne: World’s First Wireless, Bluetooth and Wi-Fi Enabled Multi-Vital Diagnostic Device

SensoSCAN: A Wearable Wireless BP Monitoring Device

Personalized Smart System for BP Measuring

Upgraded & Stylish Wearable WirelessBP Cuff

Cuffless Devices

Cuffless BP Monitors with PPT Monitoring Technology

H2: The World’s Lightest and Smallest Blood Pressure Monitor

UA-1030T Premier: Talking BP Monitor

BP A7 TOUCH with Capability of Stroke Risk Detection

Continuous Blood Pressure Monitoring Technology

Wearable Continuous Blood Pressure Monitor from Bold Diagnostics

ViSi Mobile: Continuous Non-invasive Blood Pressure (cNIBP) Monitor

CareTaker’s cNIBP and Heart Rate Monitor

TL-150 Non-invasive and Continuous BP Monitor

Beat-to-Beat Non-invasive Blood Pressure Monitor

Use of Artificial Neural Networks for Continuous Non-Invasive BP Monitoring

Bioclinica’s Ambulatory Blood Pressure Monitoring (ABPM) Solution

BPM Device with Comfort Air Technology to Improve Patient Convenience

Korotkoff and Oscillometric Approaches for Increased Precision

BPro Blood Pressure Monitoring Device

Non-Invasive Wearable Sphygmomanometer

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Blood Pressure Monitoring and Measurement Instruments Market Share (in %) by Company: 2018 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Blood Pressure Monitoring and Measurement Instruments Market: Competitor Market Share Scenario (in %) for 2018 & 2025

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 90

Note: Product cover images may vary from those shown
Adroll
adroll