Digital Blood Pressure Monitors Market to record USD 1.54 Bn growth — Driven by increasing incidence of hypertension


NEW YORK  , Aug. 22, 2022 /PRNewswire/ — The “Digital Blood Pressure Monitors Market by Type and Geography – Forecast and Analysis 2021-2025” report by Technavio expects the market size to grow by USD 1.54 billion between 2020 and 2025. The market observed a YOY growth of 9.81% in 2021 and the growth momentum is expected to accelerate at a CAGR of 9.89% during the forecast period. The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Download Sample Report PDF Here

Technavio categorizes the global digital blood pressure monitors market as a part of the global healthcare equipment market. The parent, global healthcare equipment market, covers products and companies engaged in research and development (R&D) of a variety of product categories, including capital equipment, instruments, implants, accessories, and consumables that are used for the diagnosis, monitoring, and treatment of various diseases.

The global digital blood pressure monitors market is currently concentrated and the market structure is expected to remain the same over the forecast period. The market comprises several large, small, and regional players. The competition among vendors in the market is largely based on the design and manufacturing cost of products. Local vendors offer products at low costs compared with the global players, thus creating a wide array of products for customers to choose from.

The increasing incidence of hypertension coupled with the geriatric population has been instrumental in driving the growth of the market. However, intense competition among vendors and counterfeit products might hamper the market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also must leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. A&D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, Hillrom, Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., and Smiths Medical Inc. are identified as major market participants. Request Sample Report PDF Here

The global digital blood pressure monitors market is segmented as below:

  • Type
    • Stand-alone
    • Integrated

The stand-alone segment will have the largest share of the market. The segment is driven by the high prevalence of cardiovascular diseases globally. In addition, the expansion of the geriatric population is expected to further drive the growth of the segment during the forecast period.

  • Geography
    • North America
    • Europe
    • Asia
    • ROW

The market will observe maximum growth in North America during the forecast period. The rising prevalence of high blood pressure and the rise in risk factors such as diabetes, obesity, smoking, and unhealthy lifestyle habits are creating significant growth opportunities for vendors operating in the region.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Download Sample Report Here

Digital Blood Pressure Monitors Market 2021-2025: Key Highlights
  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist digital blood pressure monitors market growth during the next five years
  • Estimation of the digital blood pressure monitors market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital blood pressure monitors market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of digital blood pressure monitors market vendors
Related Reports:

Digital Blood Pressure Monitors Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9.89%

Market growth 2021-2025

USD 1.54 billion

Market structure

Concentrated

YoY growth (%)

9.81

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 47%

Key consumer countries

US, Japan, China, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A&D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, Hillrom, Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., and Smiths Medical Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Healthcare Equipment

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 15: Type – Market share 2020-2025 (%)
  • 5.2 Comparison by Type
    • Exhibit 16: Comparison by Type
  • 5.3 Stand-alone – Market size and forecast 2020-2025
    • Exhibit 17: Stand-alone – Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Stand-alone – Year-over-year growth 2020-2025 (%)
  • 5.4 Integrated – Market size and forecast 2020-2025
    • Exhibit 19: Integrated – Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Integrated – Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 21: Market opportunity by Type

6 Customer landscape

  • 6.1 Overview
    • Exhibit 22: Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographic comparison
  • 7.3 North America – Market size and forecast 2020-2025
    • Exhibit 25: North America – Market size and forecast 2020-2025 ($ million)
    • Exhibit 26: North America – Year-over-year growth 2020-2025 (%)
  • 7.4 Europe – Market size and forecast 2020-2025
    • Exhibit 27: Europe – Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: Europe – Year-over-year growth 2020-2025 (%)
  • 7.5 Asia – Market size and forecast 2020-2025
    • Exhibit 29: Asia – Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: Asia – Year-over-year growth 2020-2025 (%)
  • 7.6 ROW – Market size and forecast 2020-2025
    • Exhibit 31: ROW – Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: ROW – Year-over-year growth 2020-2025 (%)
  • 7.7 Key leading countries
    • Exhibit 33: Key leading countries
  • 7.8 Market opportunity by geography
    • Exhibit 34: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 35: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
    • Exhibit 36: Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 37: Landscape disruption
    • Exhibit 38: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 39: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 40: Market positioning of vendors
    • Exhibit 41: A and D Co. Ltd. – Overview
    • Exhibit 42: A and D Co. Ltd. – Business segments
    • Exhibit 43: A and D Co. Ltd. – Key offerings
    • Exhibit 44: A and D Co. Ltd. – Segment focus
    • Exhibit 45: Care Touch – Overview
    • Exhibit 46: Care Touch – Product and service
    • Exhibit 47: Care Touch – Key offerings
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com

Website: www.technavio.com/

Newsroom: newsroom.technavio.com/news/top-drivers-for-digital-blood-pressure-monitorsmarket

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