Press release
Ambulatory Blood Pressure Monitoring Devices Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Modern-day consumers are device savvy and prefer using self-monitoring techniquesto monitor body functions like heart rate, blood pressure, weight, levels of sugar,
etc. The innovation in technology and digital space presents more opportunities to
provide accurate, portable, convenient and reasonably priced health monitoring
devices. As the cases of patients with obesity, cardiovascular disorders, stress,
hypertension, ageing etc. increase, the need to monitor blood pressure using
ambulatory blood pressure monitoring devices find a surge.
Also, the patients are found to be more relaxed when they are away from the clinic
but nervousness takes over when professionals at the clinic try to measure blood
pressure. This is known as white coat effect and its rising incidences have forced
healthcare professionals to prescribe ABPM device to such patients. Also, ambulatory
blood pressure monitoring devices are more accurate as they present reports based
on the 24-hour monitoring system.
Due to all these factors, global ambulatory blood pressure monitoring devices
market is estimated tosurpass US$ 971.7 Million by the end of 2026, registering at a
CAGR of 8.3% during the forecast period from 2018 to 2026.
Global ambulatory blood pressure monitoring devices market is segmented on the
basis of product type, end-user, and region
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Global Ambulatory Blood Pressure Monitoring Devices Market, by Product
Type
• Wrist ambulatory blood pressure monitoring devices
• Arm ambulatory blood pressure monitoring devices
While the arm ambulatory blood pressure monitoring devices are most popular in
the market, with fast-paced technological advancements the manufactures will have
to focus on high volume, intelligent and cost-effective device types to tap maximum
user penetration during the forecasted period.
Global Ambulatory Blood Pressure Monitoring Devices Market, by End-User
• Clinics
• Ambulatory Surgical Centres
• Hospitals
• Home care settings
Global Ambulatory Blood Pressure Monitoring Devices Market, by
Geography
• Europe
• North America
• Latin America
• APAC
• Rest of the word
Europe and North America are major shareholders in the market due to their
willingness to spend more in general on healthcare management. Introduction of
patient-friendly ABPM devices, competitive costing of the devices, ease of purchase
via online sales channels and OTC are anticipated to boost the market expansion
during the forecasted period. Moreover, the trend of self-patient monitoring is likely
to boost the adoption of ABPM devices, especially in developed economies during the
forecast period.
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
To provide with an exhaustive analysis on global ambulatory blood pressure
monitoring devices market is segmented on the basis of product type, end-
user, and region
To cater comprehensive information on factors impacting market growth
(drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North
America, Europe, Asia Pacific, Latin America, and the Middle East
To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials
and core competencies
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