Wearable Blood Pressure Monitor Global Market Opportunities and Strategies to 2030: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global wearable blood pressure monitor market.
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Description:
Where is the largest and fastest growing market for the wearable blood pressure monitor market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? the global wearable blood pressure monitor global market opportunities and strategies to 2030: COVID-19 growth and change answers all these questions and many more.
The report covers the following chapters
Markets Covered:
The global wearable blood pressure monitor market is segmented into -
By Product: Upper Arm Blood Pressure Monitor; Wrist Blood Pressure Monitor; Finger Blood Pressure Monitor
Companies Mentioned: Philips; Omron Corporation; Beurer; A&D Company; iHealth; Withings
Countries: China, India, Japan, Australia, Indonesia, South Korea, USA, Brazil, France, Germany, UK, Russia
Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Reasons to Purchase
- Outperform competitors using accurate up to date demand-side dynamics information.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Identify growth segments for investment.
- Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
- Create regional and country strategies on the basis of local data and analysis.
- Stay abreast of the latest customer and market research findings
- Benchmark performance against key competitors.
- Develop strategies based on likely future developments.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Gain a global perspective on the development of the market.
Description:
Where is the largest and fastest growing market for the wearable blood pressure monitor market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? the global wearable blood pressure monitor global market opportunities and strategies to 2030: COVID-19 growth and change answers all these questions and many more.
The report covers the following chapters
- Executive Summary - the executive summary section of the report gives a brief overview and summary of the report
- Report Structure - This section gives the structure of the report and the information covered in the various sections.
- Introduction - the introduction section of the report gives brief introduction about segmentation by geography, and segmentation by product.
- Market Characteristics - the market characteristics section of the report defines and explains the wearable blood pressure monitor market. This chapter also defines and describes goods and related services covered in the report.
- Product Analysis -The product analysis section of the report describes the leading products in the market along with key features and differentiators for those products.
- Customer Information- This chapter covers recent customers’ trends/preferences in the global wearable blood pressure monitor market.
- Trends and Strategies - This chapter describes the major trends shaping the global wearable blood pressure monitor market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
- COVID Impact - This chapter describes the COVID impact on the global wearable blood pressure monitor market.
- Global Market Size and Growth - This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis - This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.
- Segmentation - This section contains the market values (2015-2030) and analysis for different segments.
- Global Macro Comparison - the global wearable blood pressure monitor ’ market comparison with macro-economic factors gives the wearable blood pressure monitor market size, percentage of GDP, and average wearable blood pressure monitor ’ market expenditure.
- Regional Market Size and Growth - This section contains the region’s market size (2019), historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, South America, Middle East and Africa and major countries within each region. the market overview sections of the report describe the current size of the market, covid impact, background information, government initiatives, regulations, regulatory bodies, associations, taxes levied, corporate tax structure, investments, and major companies.
- Competitive Landscape - This section covers details on the competitive landscape of the global wearable blood pressure monitor market, estimated market shares and company profiles for the leading players.
- Key Mergers and Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities and Strategies - This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. it gives an understanding of where there is significant business to be gained by competitors in the next five years.
- Conclusions and Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for wearable blood pressure monitor providers in terms of product offerings, geographic expansion, price offerings, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
The global wearable blood pressure monitor market is segmented into -
By Product: Upper Arm Blood Pressure Monitor; Wrist Blood Pressure Monitor; Finger Blood Pressure Monitor
Companies Mentioned: Philips; Omron Corporation; Beurer; A&D Company; iHealth; Withings
Countries: China, India, Japan, Australia, Indonesia, South Korea, USA, Brazil, France, Germany, UK, Russia
Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1. Wearable Blood Pressure Monitor Market Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure8. Wearable Blood Pressure Monitor Market Product Analysis - Product Examples11. COVID Impact On The Wearable Blood Pressure Monitor Market
6. Introduction
7. Wearable Blood Pressure Monitor Market Characteristics
9. Wearable Blood Pressure Monitor Market Customer Information
10. Wearable Blood Pressure Monitor Market Trends And Strategies
12. Global Wearable Blood Pressure Monitor Market Size And Growth
13. Global Wearable Blood Pressure Monitor Market Segmentation
14. Wearable Blood Pressure Monitor Market, Regional And Country Analysis
15. Asia-Pacific Wearable Blood Pressure Monitor Market
16. Western Europe Wearable Blood Pressure Monitor Market
17. Eastern Europe Wearable Blood Pressure Monitor Market
18. North America Wearable Blood Pressure Monitor Market
19. South America Wearable Blood Pressure Monitor Market
20. Middle East Wearable Blood Pressure Monitor Market
21. Africa Wearable Blood Pressure Monitor Market
22. Global Wearable Blood Pressure Monitor Market Competitive Landscape
23. Key Mergers And Acquisitions In The Wearable Blood Pressure Monitor Market
24. Global Wearable Blood Pressure Monitor Market Opportunities And Strategies
25. Global Wearable Blood Pressure Monitor Market Conclusions And Recommendations
26. Appendix
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Executive Summary
This report describes and evaluates the global wearable blood pressure monitor market. It covers 2015 to 2019, termed the historic period, and 2019 to 2023 termed the forecast period, along with further forecasts for the periods 2023-2025 and 2025-2030.The global wearable blood pressure monitor market reached a value of nearly $874.1 million in 2019, having grown at a compound annual growth rate (CAGR) of 21.1% since 2015, and is expected to grow at a CAGR of 11.6% to nearly $1,356.4 million by 2023. The market is expected to grow at a CAGR of 15.3% to nearly $1,803.7 million by 2025, and at a CAGR of 15.4% to $3,686.6 million by 2030.
Growth in the historic period resulted from increased prevalence of hypertension, increase in healthcare spending, rapid technological advancements and strong economic growth in emerging markets. Factors that negatively affected growth in the historic period were government regulations, lack of awareness and low penetration of wearable blood pressure monitors.
Going forward, accelerating demand for remote patient monitoring devices, rise in adoption of wireless and wearable technology, increasing geriatric population and technological advances are expected to drive the market. Lack of precision and accuracy, coronavirus pandemic and high costs are major factors that could hinder the growth of the wearable blood pressure monitor market in the future.
The wearable blood pressure monitor market is segmented by product into wrist blood pressure monitor, upper arm blood pressure monitor and finger blood pressure monitor. The upper arm blood pressure monitor market was the largest segment of the wearable blood pressure monitor market by product, accounting for $485.8 million or 55.6% of the total market in 2019. The finger blood pressure monitor market is expected to be the fastest-growing segment going forward at a CAGR of 15.6%.
North America was the largest region in the wearable blood pressure monitor market, accounting for 33.7% of the global market in 2019. It was followed by Western Europe, Asia Pacific and the other regions. Going forward, the fastest growing regions in the wearable blood pressure monitors market will be Asia Pacific and Eastern Europe, where growth will be at CAGRs of 15.3% and 11.4% respectively from 2019-2023.
The global coronavirus pandemic has accelerated the need for wearable diagnostics in the medical equipment industry. There is a need for digital infrastructure in remote patient monitoring and disease detection, which could be fulfilled by wearable medical devices. Rapid wearable diagnostics can help identify and isolate COVID-19 cases, and track and prevent the spread of the virus. Companies are investing in the research and development of wearable health monitoring technologies that can simultaneously predict the incidence of COVID-19 in patients. Viral infections such as influenza or COVID-19 can increase cardiovascular strain, indicated by increases in blood pressure. Hence, the development of wearable blood pressure monitors could aid in diagnosing a patient with COVID-19.
The wearable blood pressure monitor market is fragmented. The top ten competitors in the market made up to 25.33% of the total market in 2019. Major players in the market include Philips, Omron Corporation, Beurer, A&D Company, Withings, iHealth and others.
The top growth potential in the wearable blood pressure monitor market by product will arise in the wrist blood pressure monitor market, which will gain $246.8 million in global annual sales by 2023. The top growth potential in the wrist blood pressure monitor market by product type will arise in the watch market, which will gain $214.0 million in global annual sales by 2023. The wearable blood pressure monitors market size will gain the most in the USA at $132.0 million.
Market-trend-based strategies for the wearable blood pressure monitors market include explore opportunities to invest in advance technologies to sustain intense competition, investing in AI to optimize revenue gains and increase process efficiency, consider using radar technology in wearable blood pressure monitors to provide more accurate and continuous blood pressure measurements, consider acquiring or merging and collaborating with other companies to improve product offerings and expanding operations. Player-adopted strategies in the wearable blood pressure monitors industry include improve customer experience through technology adoption and increase revenue through M&A and partnerships, developing innovative technologies in the field of monitoring devices, improve product quality by collaborating with independent testing institutes and universities, and simplifying patient monitoring by the use of cloud technology.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Philips
- Omron Corporation
- Beurer
- A&D Company
- iHealth
- Withings
Methodology
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