IMARC Group's report titled "Ambulatory Blood Pressure Monitoring Devices Market Report by Product Type (Wrist ABPM Devices, Arm ABPM Devices), End User (Hospitals, Ambulatory surgical Centers (ASCs), and Others), and Region 2024-2032". The global ambulatory blood pressure monitoring devices market size reached US$ 151.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 270.0 Million by 2032, exhibiting a growth rate (CAGR) of 6.66% during 2024-2032.
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Factors Affecting the Growth of the Ambulatory Blood Pressure Monitoring Devices Industry:
- Increasing Incidences of Hypertension:
The growing demand for ambulatory blood pressure monitoring (ABPM) devices due to the rising cases of hypertension among individuals around the world is offering a positive market outlook. The increasing need for accurate and continuous blood pressure monitoring solutions is propelling the growth of the market. ABPM devices offer a comprehensive assessment of blood pressure and provide valuable insights for effective management and treatment. Besides this, healthcare providers are seeking better ways to manage this prevalent condition and reduce associated health risks.
- Preferences for Non-Invasive Monitoring:
Patients and healthcare professionals are increasingly preferring non-invasive methods for blood pressure monitoring. ABPM devices offer a comfortable and convenient solution as compared to traditional cuff-based measurements taken at healthcare facilities. These devices enhance patient compliance and provide a more accurate representation of blood pressure patterns by allowing patients to maintain their daily routines while undergoing continuous monitoring. The rising adoption of ABPM devices, especially among individuals who require regular blood pressure monitoring for managing hypertension or other cardiovascular conditions, is supporting the market growth.
- Technological Advancements:
Innovations are leading to the development of smaller, more accurate, and user-friendly ABPM devices. These innovations improve patient comfort and convenience while enhancing the reliability and accuracy of blood pressure measurements. Features, such as wireless connectivity, automatic data transmission, and improved battery life, aid in enhancing the functionality of ABPM devices and streamline the monitoring process for both patients and healthcare providers. Additionally, advancements in sensor technology and data analytics contribute to a better understanding and interpretation of blood pressure data, enabling more personalized treatment approaches.
Leading Companies Operating in the Global Ambulatory Blood Pressure Monitoring Devices Industry:
- BOSCH + SOHN GmbH u. Co
- KG, BPL Medical Technologies Private Limited (BPL Group)
- Contec Medical Systems Co. Ltd
- Daray Ltd.
- GE HealthCare
- Halma PLC
- Microlife Corporation (Midas Company Limited)
- Schiller AG
- Spacelabs Healthcare Inc. (OSI Systems Inc.)
- Vaso Corporation
- Welch Allyn Inc. (Hill-Rpm Holdings Inc.)
Ambulatory Blood Pressure Monitoring Devices Market Report Segmentation:
By Product Type:
- Wrist ABPM Devices
- Arm ABPM Devices
Arm ABPM devices represent the largest segment as they are more accurate and reliable as compared to wrist or finger devices.
By End User:
- Hospitals
- Ambulatory surgical Centers (ASCs)
- Others
Hospitals hold the biggest market share due to the rising need for specialized care among patients.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America enjoys a leading position in the ambulatory blood pressure monitoring devices market, which can be attributed to the presence of well-developed healthcare infrastructure, including modern hospitals, clinics, and healthcare facilities equipped with advanced medical technologies.
Global Ambulatory Blood Pressure Monitoring Devices Market Trends:
The increasing awareness among individuals about cardiovascular health is propelling the growth of the market. Individuals are seeking solutions to monitor and manage their blood pressure levels. In addition, governing agencies of various countries are organizing campaigns to generate awareness about the importance of preventive care of cardiovascular diseases, which is impelling the market growth. The rising need for comprehensive tools for monitoring and management of cardiovascular diseases is strengthening the market growth. The increasing focus on proactive healthcare strategies to reduce the burden of cardiovascular diseases worldwide is bolstering the market growth.
Furthermore, the rising focus on early detection and prevention of chronic diseases like hypertension is supporting the market growth.
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