The Wearable Blood Pressure Monitors by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Wearable Blood Pressure Monitors, The wearable blood pressure monitors market size has grown exponentially in recent years. It will grow from $1.77 billion in 2023 to $2.13 billion in 2024 at a compound annual growth rate (CAGR) of 20.7%. The growth in the historic period can be attributed to increased prevalence of hypertension, increase in healthcare spending, rapid technological advancements and strong economic growth in emerging markets.
The wearable blood pressure monitors market size is expected to see exponential growth in the next few years. It will grow to $4.57 billion in 2028 at a compound annual growth rate (CAGR) of 21.0%. The growth in the forecast period can be attributed to 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. Major trends in the forecast period 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.
Increased demand for patient monitoring devices is expected to drive the wearable blood pressure monitors market. The increasing prevalence of chronic diseases coupled with the rise in surgeries that need continuous monitoring has mainly increased the demand for patient monitoring devices. Additionally, due to the growing awareness of a healthy lifestyle and fitness, individuals are interested in continuous monitoring of their health as it acts as a preventive measure while improving their health condition. The National Wearable Survey report by Valencell, a wearable technology company, states that two-thirds of customers owned a wearable device as they believe that it causes a positive impact on their health. Nearly 55% of the respondents are interested in monitoring their blood pressure with the help of wearable technologies. Therefore, increased demand for monitoring devices is expected to drive the wearable blood pressure market growth.
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The wearable blood pressure monitors market covered in this report is segmented –
1) By Product: Wrist Blood Pressure Monitor, Upper Arm Blood Pressure Monitor, Finger Blood Pressure Monitor
2) By Technology: Wi-Fi Based, Bluetooth Based
3) By Application: Hospital, Clinic, Home Care Settings, Other Applications
Most of the wearable blood pressure monitoring technologies are under either experimental or research and development stage. Companies and researchers are studying different wearable technologies that monitor blood pressure. For instance, video from a smartphone is used to detect blood pressure by the variation in facial blood vessels. Valencell, a health-tech company, is working on an earbud sensor for detecting blood pressure using photoplethysmography. Also, the Akttia bracelet, a cuff-less technology that uses an optical sensor for monitoring blood pressure is under validation. Therefore, more R&D in this field is expected to provide growth opportunities for the wearable blood pressure market.
The wearable blood pressure monitors market report table of contents includes:
- Executive Summary
- Wearable Blood Pressure Monitors Market Characteristics
- Wearable Blood Pressure Monitors Market Trends And Strategies
- Wearable Blood Pressure Monitors Market - Macro Economic Scenario
- Global Wearable Blood Pressure Monitors Market Size and Growth
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- Global Wearable Blood Pressure Monitors Market Competitive Benchmarking
- Global Wearable Blood Pressure Monitors Market Competitive Dashboard
- Key Mergers And Acquisitions In The Wearable Blood Pressure Monitors Market
- Wearable Blood Pressure Monitors Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- Philips
- Omron Corporation
- Beurer
- A&D Company
- Withings
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The Business Research Company’s latest report Wearable Blood Pressure Monitor Global Market Report 2020 covers Wearable Blood Pressure Monitor market drivers, Wearable Blood Pressure Monitor market trends, Wearable Blood Pressure Monitor market segments, Wearable Blood Pressure Monitor market growth rate, Wearable Blood Pressure Monitor market major players, and Wearable Blood Pressure Monitor market size.
The report provides in-depth analysis of the impact of COVID-19 on the Wearable Blood Pressure Monitor industry, along with revised market numbers due to the effects of the coronavirus.View Complete Report: https://www.thebusinessresearchcompany.com/report/wearable-blood-pressure-monitor-market-global-report-2020-covid-19-growth-and-changeWearable Blood Pressure Monitor Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=3189=smpThe global wearable blood pressure monitors market is expected to decline from $1.45 billion in 2019 to $1.42 billion in 2020 at a compound annual growth rate (CAGR) of -2.18%.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.
The entire supply chain has been disrupted, impacting the market negatively.
15th October, 2018 - Blood Pressure Monitors Market is an instrument that can be used at home and can be considered beneficial for those who are the regular patients of high blood pressure.
It has explained that high blood pressure is the major risk factor for coronary heart disease and ischemic as well as hemorrhagic stroke.
Other than this it is subjected to cause peripheral vascular disease, retinal hemorrhage, renal impairment and visual impairment.
People residing in Africa are seen with more significant blood pressure problems than North America and Europe.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/blood-pressure-monitor-market/request-sampleThe aforementioned drivers are expected to drive the market to more than CAGR of 12% by 2022.
Other factors that drive the market are absence of physical activity, increasing stress levels, sedentary lifestyles of younger demographics, and rise in the aging population.
Thus, it has become crucially important for the consumers to own an automated personal device which could regular monitor high blood pressure.
