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Global Wearable Blood Pressure Monitor Market (2021-2026) by Product Type, Connectivity, Application, Measurement, Distribution Channel, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 189 Pages
  • April 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5392908
The Global Wearable Blood Pressure Monitor Market is estimated to be USD 1.9 Bn in 2021 and is expected to reach USD 3.89 Bn by 2026, growing at a CAGR of 15.4%.



Market Dynamics

The increasing prevalence and demand for blood pressure monitoring are the major factors driving the wearable blood pressure monitor market. In addition, the rising geriatric population, unhealthy lifestyle leading to hypertension, and increasing smart healthcare device awareness are fuelling the market growth. The increase in the trend of home healthcare and self-use devices due to additional benefits such as tracking patients' health information, tracking physical activity, and monitoring sleep patterns is anticipated to grow the market. However, a lack of awareness among the emerging countries and lack of precision and compatibility issues with other devices hinder market growth.

Technology advancement and the rising healthcare sector in emerging countries are expected to generate untapped opportunities for the market.

Market Segmentation

The Global Wearable Blood Pressure Monitor Market is segmented further based on Product Type, Connectivity, Application, Measurement, Distribution Channel, and Geography.

By Product Type, the market is classified into wrist blood pressure monitor, upper arm blood pressure monitor, and finger blood pressure monitor. Amongst all, the wrist blood pressure monitor segment is estimated to hold the highest market share during the forecast period.

By Connectivity, the market is classified as WiFi and Bluetooth. Amongst the two, the Wifi segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as home healthcare, remote patient monitoring, sports & fitness, and others. Amongst all, the home healthcare segment is estimated to hold the highest market share during the forecast period.

By Measurement, the market is classified as arterial tonometry, oscillometric method, and pulse transit time method. Amongst all, the arterial tonometry segment is estimated to hold the highest market share during the forecast period.

By Distribution Channel, the market is classified as offline and online. Amongst the two, the offline segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. OMRON Healthcare Co. launched the very first 'all digital' VitalSight, patients receive a kit delivered to their home that includes an OMRON connected blood pressure monitor and data hub that are pre-set to securely share measurements with the patient's physician and care team. - 11th January 2021.
2. Aktiia Receives CE Mark Approval for Breakthrough 24-7 Blood Pressure Monitoring System. - 26th January 2021.

Company Profiles

Some of the companies covered in this report GE Healthcare, ForaCare Suisse AG, Omron Corporation, Xiaomi Corporation, Koninklijke Philips N.V., Medaval Ltd, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?
  • The report offers a comprehensive evaluation of the Global Wearable Blood Pressure Monitor Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence's Proprietary competitive positioning tool.

Report Highlights:
  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Wearable Blood Pressure Monitor Market

What is the estimated value of the Global Wearable Blood Pressure Monitor Market?

The Global Wearable Blood Pressure Monitor Market was estimated to be valued at $1900 Million in 2021.

What is the growth rate of the Global Wearable Blood Pressure Monitor Market?

The growth rate of the Global Wearable Blood Pressure Monitor Market is 15.4%, with an estimated value of $3890 Million by 2026.

What is the forecasted size of the Global Wearable Blood Pressure Monitor Market?

The Global Wearable Blood Pressure Monitor Market is estimated to be worth $3890 Million by 2026.

Who are the key companies in the Global Wearable Blood Pressure Monitor Market?

Key companies in the Global Wearable Blood Pressure Monitor Market include Ambio Health, Inc., Apple Inc., BioTelemetry, Inc, Blipcare, CharmCare, Fitbit, Inc., ForaCare Suisse AG, Garmin Ltd and iHealth Lab Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Healthcare Expenditure and Geriatric Population
4.1.2 Rising Prevalence of Cardiovascular Diseases
4.1.3 Growing Healthcare Homecare and mhealth
4.2 Restraints
4.2.1 High Cost of Development and Regulatory Hurdles
4.2.2 Harmful Effects of Certain Pressure Monitoring Devices
4.3 Opportunities
4.3.1 Rising preference for Home Monitoring
4.3.2 Increasing Demand of Non- Invasive Devices and Smart Devices
4.4 Challenges
4.4.1 Lack of Precision and Compatibility Issues with Other Devices
4.4.2 Availability of Alternatives
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Wearable Blood Pressure Monitor Market, By Product Type
6.1 Introduction
6.2 Wrist Blood Pressure Monitor
6.3 Upper Arm Blood Pressure Monitor
6.4 Finger Blood Pressure Monitor
7 Global Wearable Blood Pressure Monitor Market, By Connectivity
7.1 Introduction
7.2 WiFi
7.3 Bluetooth
8 Global Wearable Blood Pressure Monitor Market, By Application
8.1 Introduction
8.2 Home Healthcare
8.3 Remote Patient Monitoring
8.4 Sports & Fitness
8.5 Others
9 Global Wearable Blood Pressure Monitor Market, By Measurement
9.1 Introduction
9.2 Arterial Tonometry
9.3 Oscillometric Method
9.4 Pulse Transit Time Method
10 Global Wearable Blood Pressure Monitor Market, By Distribution Channel
10.1 Introduction
10.2 Offline
10.3 Online
11 Global Wearable Blood Pressure Monitor Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 South America
11.3.1 Brazil
11.3.2 Argentina
11.3.3 Chile
11.3.4 Colombia
11.4 Europe
11.4.1 UK
11.4.2 France
11.4.3 Germany
11.4.4 Italy
11.4.5 Spain
11.4.6 Netherlands
11.4.7 Sweden
11.4.8 Russia
11.4.9 Rest of Europe
11.5 Asia-Pacific
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Indonesia
11.5.5 Malaysia
11.5.6 South Korea
11.5.7 Australia
11.5.8 Sri Lanka
11.5.9 Thailand
11.5.10 Rest of APAC
11.6 Middle-East and Africa
11.6.1 Qatar
11.6.2 Saudi Arabia
11.6.3 South Africa
11.6.4 United Arab Emirates
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 Ambio Health, Inc.
13.2 Apple Inc.
13.3 BioTelemetry, Inc
13.4 Blipcare
13.5 CharmCare
13.6 Fitbit, Inc.
13.7 ForaCare Suisse AG
13.8 Garmin Ltd
13.9 GE Healthcare
13.10 iHealth Lab Inc.
13.11 Koninklijke Philips N.V.
13.12 Koogeek Inc
13.13 Medaval Ltd
13.14 Medtronic plc
13.15 Nokia Corporation
13.16 Omron Corporation
13.17 Qardio, Inc.
13.18 Smiths Group plc
13.19 Tarilian Laser Technologies
13.20 Xiaomi Corporation
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • Ambio Health, Inc.
  • Apple Inc.
  • BioTelemetry, Inc
  • Blipcare
  • CharmCare
  • Fitbit, Inc.
  • ForaCare Suisse AG
  • Garmin Ltd
  • GE Healthcare
  • iHealth Lab Inc.
  • Koninklijke Philips N.V.
  • Koogeek Inc
  • Medaval Ltd
  • Medtronic plc
  • Nokia Corporation
  • Omron Corporation
  • Qardio, Inc.
  • Smiths Group plc
  • Tarilian Laser Technologies
  • Xiaomi Corporation