888-776-0942 from 8 AM - 10 PM ET
NEW YORK , Sept. 8, 2022 /PRNewswire/ -- The home blood pressure monitoring devices market will be driven by factors such as the growing demand for home-based digital blood pressure monitors. Physicians recommend these devices to record, monitor, and treat high blood pressure patients. Furthermore, elderly people are at high risk of hypertension. Advances in wearable technology will fuel the demand for home-based digital blood pressure monitors. Vendors are offering home-based blood pressure monitors that are user-friendly, convenient, wireless, and cost-effective. These factors will drive the demand for home-based monitoring. Such devices also help reduce hospital costs, which is positively increasing the demand for and the sales of digital blood pressure monitors. In addition, the increasing preference for home-based healthcare monitoring and the adoption of portable multiparameter monitoring devices, especially in developed countries, is likely to fuel the growth of the market.
The global home blood pressure monitoring devices market size is expected to grow by USD 565.93 mn from 2021 to 2026, according to Technavio. Moreover, the growth momentum of the market will accelerate at a CAGR of 5.4% during the forecast period.
Use the analysis and insights provided by Technavio for effective decision-making. Download a FREE PDF Sample Report
The presence of a large undiagnosed population will challenge the growth of the global home blood pressure monitoring devices market during the forecast period. High blood pressure is a leading cause of heart disease. Most of the people are undiagnosed or untreated due to a lack of awareness. Hence, organizations are initiating campaigns to raise awareness. However, despite such initiatives and campaigns, a lack of awareness about symptoms and diseases and a large undiagnosed population will challenge the global home blood pressure monitoring devices market.
A and D Co. Ltd., American Diagnostic Corp., Beurer GmbH, Contec Medical Systems Co. Ltd., Dr. Morepen, ForaCare Inc., Halma Plc, IgridStore, iHealth Labs Inc., Koninklijke Philips NV, Microlife Corp., OMRON Corp., Qardio Inc., Rossmax International Ltd., Spengler Holtex Group, Telli Health LLC, Welch Allyn Inc., Wellue Health, Withings SA, Zewa Inc., among others, are the main players in the market. The key offerings of a few of these vendors are listed below:
Get lifetime access to our Technavio Insights! Subscribe to our "Basic Plan" billed annually at USD 5000
Home Blood Pressure Monitoring Devices Market Type Outlook (Revenue, USD mn, 2021-2026)
Home Blood Pressure Monitoring Devices Market Geography Outlook (Revenue, USD mn, 2021-2026)
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
Blood Pressure Monitoring Device Market by Product and Geography - Forecast and Analysis 2021-2025
Digital Blood Pressure Monitors Market by Type and Geography - Forecast and Analysis 2021-2025
Home Blood Pressure Monitoring Devices Market Scope
Accelerate at a CAGR of 5.4%
North America, Europe, Asia, and Rest of World (ROW)
US, Canada, Germany, UK, and China
Leading companies, Competitive strategies, Consumer engagement scope
A and D Co. Ltd., American Diagnostic Corp., Beurer GmbH, Contec Medical Systems Co. Ltd., Dr. Morepen, ForaCare Inc., Halma Plc, IgridStore, iHealth Labs Inc., Koninklijke Philips NV, Microlife Corp., OMRON Corp., Qardio Inc., Rossmax International Ltd., Spengler Holtex Group, Telli Health LLC, Welch Allyn Inc., Wellue Health, Withings SA, and Zewa Inc.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse Health Care Market Reports
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET