Digital Blood Pressure Monitors Market: Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029

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Digital Blood Pressure Monitors Market: Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029

Status : July, 2020 | Medical Devices | PPT format

Report Digest

Digital Blood Pressure Monitors Market: Overview

High blood pressure is one of the most common cases across the globe. Blood pressure measurement is vital for the identification of the intensity of the pressure. For this, a blood pressure monitor is essential. As technology advanced, the advent of new technologies in blood pressure measurement emerged and left their mark. Digital blood pressure monitoring is a great technology for efficiently calculating blood pressure.

The global digital blood pressure monitors market has seen exponential growth and may continue the positive streak ahead in the forecast period of 2019-2029. The busy lifestyle and the stress emerging from professionals, as well as personal scenarios, are leading to a surge in hypertension and blood pressure cases. This, in turn, is the main reason for the growth of the digital blood pressure monitors market.

Another factor that is driving the growth of the digital blood pressure monitors market is increased urbanization and lack of physical activity. Obesity and junk food consumption are also equally responsible for a rise in blood pressure cases.

This report on the digital blood pressure monitors market presents a detailed analysis of the current scenario and focuses on vital aspects like key competitors, technological advancements, and the regional landscape as well. This report can prove to be a valuable asset for market shareholders and others.

Digital Blood Pressure Monitors Market: Notable Developments

Manufacturers in the digital blood pressure monitors market are undergoing extraordinary transformations to function more efficiently for the user. Beurer’s BM55 Upper Arm Blood Pressure Monitor is a classic instance. This device not only measures blood pressure but also identifies whether an individual is ready for taking a blood pressure measurement. It has a storage capacity of 60 readings. Furthermore, it uses a simple button for uncomplicated usage.

Doctors have recommended the use of the latest technologies for home monitoring owing to the recent rise in novel coronavirus cases. Hence, self-monitoring digital blood pressure devices are preferable. As COVID-19 is being tackled by doctors on a war footing, carrying such tests at home is a feasible option to help them reduce their workload. This may lead to an accelerated growth of the digital blood pressure monitors market.

Key players in the digital blood pressure monitors market are Microlife Corp., Hilirom, Omron Healthcare Inc., A&D Co. Ltd., General Electric Co., Koninklijke Philips N.V., and Smiths Medical Inc.

Digital Blood Pressure Monitors Market: Key Trends

Reducing dependence on doctors for mere testing procedures is propelling the digital blood pressure monitors market to a great extent. Easy blood pressure monitoring with unwavering technological support is one of the significant factors that encourage home blood pressure monitoring. This, in turn, may boost the growth rate of the digital blood pressure monitors market.

Digital Blood Pressure Monitors Market: Regional Assessment

Geographically, the digital blood pressure monitors market is divided into North America, Europe, the Middle East, and Africa, South America, and Asia Pacific. North America may showcase the highest growth rate in the digital blood pressure monitors market. Government initiatives have multiplied in recent years. The Million Hearts® initiative by the Centers for Medicare & Medicaid Services (CMS) and the Centers for Disease Control and Prevention (CDC) to improve cardiovascular health is a classic instance.

The presence of advanced healthcare infrastructure and growing awareness about the dangers associated with blood pressure is also associated with the digital blood pressure monitors market growth during the forecast period. Asia Pacific may also witness steady growth due to several factors like the rapid investment rate of manufacturers as well as rising hypertension and blood pressure incidences in the region.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.