This Digital or Electrical Sphygmomanometer market report covers industry characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The digital or electrical sphygmomanometer market size has grown rapidly in recent years. It will grow from $1.02 billion in 2023 to $1.14 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth during the historic period can be attributed to the increasing prevalence of hypertension, a rising need for accurate blood pressure monitoring, growing awareness of cardiovascular health, recommendations from healthcare professionals, and advancements in device accuracy.
The digital or electrical sphygmomanometer market size is expected to see rapid growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The projected growth for the forecast period can be attributed to the rise of telemedicine, a growing emphasis on home health monitoring, the expansion of wearable health technology, increasing health consciousness among younger populations, and the rising elderly population. Key trends expected during this period include the integration of AI for predictive analytics, the adoption of wearable and connected health technologies, advancements in smart home healthcare solutions, the development of advanced multi-functional devices, and a growing focus on sustainable and eco-friendly materials.
The increasing prevalence of hypertension is expected to drive the growth of the digital or electrical sphygmomanometer market. Hypertension, characterized by consistently high blood pressure against the artery walls, can lead to various health complications. High sodium intake from processed foods contributes to this condition by causing water retention, which increases blood volume and puts extra strain on the heart and blood vessels. Digital sphygmomanometers enhance hypertension management by offering precise measurements, home monitoring options, and data recording capabilities. For example, a report from the American Heart Association in January 2024 highlighted that hypertension led to 124,508 deaths in the US in 2021. Similarly, a report from January 2023 noted that there were 119,997 deaths in the US in 2020 due to high blood pressure. Thus, the growing incidence of hypertension is fueling the expansion of the digital or electrical sphygmomanometer market.
Leading companies in the digital or electrical sphygmomanometer market are focusing on advanced technologies, such as automatic blood pressure monitors, to provide real-time health monitoring. These devices measure blood pressure by inflating a cuff and detecting arterial blood flow, then digitally display the systolic and diastolic readings. For instance, in February 2022, InBody Pvt. Ltd., a South Korea-based medical technology company, introduced the BP 170. This automatic monitor uses a patented one-touch cuff and oscillometric method for accurate measurement of systolic and diastolic blood pressure and pulse rate. It features a large, easy-to-read screen and syncs with the InBody mobile app for tracking health progress over time. The device meets the ISO 81060-2,2018 standard, ensuring reliability and accuracy, and can detect irregular pulse rates, early morning hypertension, and improper cuff positioning to improve home health monitoring.
In December 2021, Baxter International Inc., a US-based healthcare company, acquired Hill-Rom Holdings Inc. for $12.5 billion. This acquisition allows Baxter to integrate Hillrom's digital health and linked care technologies, expanding its medical product range and enhancing patient care both in hospitals and at home. Hill-Rom Holdings Inc. is a US-based medical device company specializing in digital blood pressure devices.
Major companies operating in the digital or electrical sphygmomanometer market are Omron Healthcare Inc., Smiths Group, Welch Allyn Inc., Contec Medical Systems Co.Ltd., Beurer GmbH, SCHILLER AG, BPL Medical Technologies, Microlife Corporation, SunTech Medical Inc., Rossmax International Ltd., Rudolf Riester GmbH, iHealth Labs Inc., Citizen Systems Japan Co. Ltd., American Diagnostic Corporation, GPC Medical Ltd., A&D Company Limited, Bremed Ltd., Nissei Co. Ltd., Timesco Healthcare Ltd., ChoiceMMed, Ozeri, Panasonic Healthcare Co. Ltd., Zewa Medical Technology.
North America was the largest region in the digital or electrical sphygmomanometer market in 2023. The regions covered in the digital or electrical sphygmomanometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital or electrical sphygmomanometer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A digital or electrical sphygmomanometer is a medical device that measures blood pressure electronically and displays the results on a digital screen. It consists of an inflatable cuff, a pressure sensor, and offers benefits such as enhanced accuracy, ease of use, and the ability to store multiple readings. This device simplifies blood pressure monitoring through advanced technology.
The main types of digital or electrical sphygmomanometers are upper arm and wrist models. Upper arm sphygmomanometers measure blood pressure by inflating a cuff around the upper arm to detect pressure changes with high precision. They come in various technologies, including fully automatic and semi-automatic models, and differ in portability, being available in both portable and non-portable versions. These devices are used by a range of end-users, including hospitals, clinics, ambulatory care centers, home care settings, and others.
The digital or electrical sphygmomanometer market research report is one of a series of new reports that provides digital or electrical sphygmomanometer market statistics, including the digital or electrical sphygmomanometer industry global market size, regional shares, competitors with the digital or electrical sphygmomanometer market share, detailed digital or electrical sphygmomanometer market segments, market trends, and opportunities, and any further data you may need to thrive in the digital or electrical sphygmomanometer industry. These digital or electrical sphygmomanometer market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The digital or electrical sphygmomanometer market consists of sales of a heart rate monitor, an irregular heartbeat detector, a portable carrying case, and memory storage. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The digital or electrical sphygmomanometer market size has grown rapidly in recent years. It will grow from $1.02 billion in 2023 to $1.14 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth during the historic period can be attributed to the increasing prevalence of hypertension, a rising need for accurate blood pressure monitoring, growing awareness of cardiovascular health, recommendations from healthcare professionals, and advancements in device accuracy.
The digital or electrical sphygmomanometer market size is expected to see rapid growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The projected growth for the forecast period can be attributed to the rise of telemedicine, a growing emphasis on home health monitoring, the expansion of wearable health technology, increasing health consciousness among younger populations, and the rising elderly population. Key trends expected during this period include the integration of AI for predictive analytics, the adoption of wearable and connected health technologies, advancements in smart home healthcare solutions, the development of advanced multi-functional devices, and a growing focus on sustainable and eco-friendly materials.
The increasing prevalence of hypertension is expected to drive the growth of the digital or electrical sphygmomanometer market. Hypertension, characterized by consistently high blood pressure against the artery walls, can lead to various health complications. High sodium intake from processed foods contributes to this condition by causing water retention, which increases blood volume and puts extra strain on the heart and blood vessels. Digital sphygmomanometers enhance hypertension management by offering precise measurements, home monitoring options, and data recording capabilities. For example, a report from the American Heart Association in January 2024 highlighted that hypertension led to 124,508 deaths in the US in 2021. Similarly, a report from January 2023 noted that there were 119,997 deaths in the US in 2020 due to high blood pressure. Thus, the growing incidence of hypertension is fueling the expansion of the digital or electrical sphygmomanometer market.
Leading companies in the digital or electrical sphygmomanometer market are focusing on advanced technologies, such as automatic blood pressure monitors, to provide real-time health monitoring. These devices measure blood pressure by inflating a cuff and detecting arterial blood flow, then digitally display the systolic and diastolic readings. For instance, in February 2022, InBody Pvt. Ltd., a South Korea-based medical technology company, introduced the BP 170. This automatic monitor uses a patented one-touch cuff and oscillometric method for accurate measurement of systolic and diastolic blood pressure and pulse rate. It features a large, easy-to-read screen and syncs with the InBody mobile app for tracking health progress over time. The device meets the ISO 81060-2,2018 standard, ensuring reliability and accuracy, and can detect irregular pulse rates, early morning hypertension, and improper cuff positioning to improve home health monitoring.
In December 2021, Baxter International Inc., a US-based healthcare company, acquired Hill-Rom Holdings Inc. for $12.5 billion. This acquisition allows Baxter to integrate Hillrom's digital health and linked care technologies, expanding its medical product range and enhancing patient care both in hospitals and at home. Hill-Rom Holdings Inc. is a US-based medical device company specializing in digital blood pressure devices.
Major companies operating in the digital or electrical sphygmomanometer market are Omron Healthcare Inc., Smiths Group, Welch Allyn Inc., Contec Medical Systems Co.Ltd., Beurer GmbH, SCHILLER AG, BPL Medical Technologies, Microlife Corporation, SunTech Medical Inc., Rossmax International Ltd., Rudolf Riester GmbH, iHealth Labs Inc., Citizen Systems Japan Co. Ltd., American Diagnostic Corporation, GPC Medical Ltd., A&D Company Limited, Bremed Ltd., Nissei Co. Ltd., Timesco Healthcare Ltd., ChoiceMMed, Ozeri, Panasonic Healthcare Co. Ltd., Zewa Medical Technology.
North America was the largest region in the digital or electrical sphygmomanometer market in 2023. The regions covered in the digital or electrical sphygmomanometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital or electrical sphygmomanometer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A digital or electrical sphygmomanometer is a medical device that measures blood pressure electronically and displays the results on a digital screen. It consists of an inflatable cuff, a pressure sensor, and offers benefits such as enhanced accuracy, ease of use, and the ability to store multiple readings. This device simplifies blood pressure monitoring through advanced technology.
The main types of digital or electrical sphygmomanometers are upper arm and wrist models. Upper arm sphygmomanometers measure blood pressure by inflating a cuff around the upper arm to detect pressure changes with high precision. They come in various technologies, including fully automatic and semi-automatic models, and differ in portability, being available in both portable and non-portable versions. These devices are used by a range of end-users, including hospitals, clinics, ambulatory care centers, home care settings, and others.
The digital or electrical sphygmomanometer market research report is one of a series of new reports that provides digital or electrical sphygmomanometer market statistics, including the digital or electrical sphygmomanometer industry global market size, regional shares, competitors with the digital or electrical sphygmomanometer market share, detailed digital or electrical sphygmomanometer market segments, market trends, and opportunities, and any further data you may need to thrive in the digital or electrical sphygmomanometer industry. These digital or electrical sphygmomanometer market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The digital or electrical sphygmomanometer market consists of sales of a heart rate monitor, an irregular heartbeat detector, a portable carrying case, and memory storage. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Digital or Electrical Sphygmomanometer Market Characteristics3. Digital or Electrical Sphygmomanometer Market Trends and Strategies32. Global Digital or Electrical Sphygmomanometer Market Competitive Benchmarking33. Global Digital or Electrical Sphygmomanometer Market Competitive Dashboard34. Key Mergers and Acquisitions in the Digital or Electrical Sphygmomanometer Market
4. Digital or Electrical Sphygmomanometer Market - Macro Economic Scenario
5. Global Digital or Electrical Sphygmomanometer Market Size and Growth
6. Digital or Electrical Sphygmomanometer Market Segmentation
7. Digital or Electrical Sphygmomanometer Market Regional and Country Analysis
8. Asia-Pacific Digital or Electrical Sphygmomanometer Market
9. China Digital or Electrical Sphygmomanometer Market
10. India Digital or Electrical Sphygmomanometer Market
11. Japan Digital or Electrical Sphygmomanometer Market
12. Australia Digital or Electrical Sphygmomanometer Market
13. Indonesia Digital or Electrical Sphygmomanometer Market
14. South Korea Digital or Electrical Sphygmomanometer Market
15. Western Europe Digital or Electrical Sphygmomanometer Market
16. UK Digital or Electrical Sphygmomanometer Market
17. Germany Digital or Electrical Sphygmomanometer Market
18. France Digital or Electrical Sphygmomanometer Market
19. Italy Digital or Electrical Sphygmomanometer Market
20. Spain Digital or Electrical Sphygmomanometer Market
21. Eastern Europe Digital or Electrical Sphygmomanometer Market
22. Russia Digital or Electrical Sphygmomanometer Market
23. North America Digital or Electrical Sphygmomanometer Market
24. USA Digital or Electrical Sphygmomanometer Market
25. Canada Digital or Electrical Sphygmomanometer Market
26. South America Digital or Electrical Sphygmomanometer Market
27. Brazil Digital or Electrical Sphygmomanometer Market
28. Middle East Digital or Electrical Sphygmomanometer Market
29. Africa Digital or Electrical Sphygmomanometer Market
30. Digital or Electrical Sphygmomanometer Market Competitive Landscape and Company Profiles
31. Digital or Electrical Sphygmomanometer Market Other Major and Innovative Companies
35. Digital or Electrical Sphygmomanometer Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Digital or Electrical Sphygmomanometer Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on digital or electrical sphygmomanometer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for digital or electrical sphygmomanometer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital or electrical sphygmomanometer market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Upper Arm; Wrist Type2) By Technology: Full Automatic; Semi Automatic
3) By Portability: Portable; Non-Portable
4) By End-User: Hospitals And Clinics; Ambulatory Care Centers; Home Care Settings; Other End-Users
Key Companies Mentioned: Omron Healthcare Inc.; Smiths Group; Welch Allyn Inc.; Contec Medical Systems Co.Ltd.; Beurer GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Digital or Electrical Sphygmomanometer market report include:- Omron Healthcare Inc.
- Smiths Group
- Welch Allyn Inc.
- Contec Medical Systems Co.Ltd.
- Beurer GmbH
- SCHILLER AG
- BPL Medical Technologies
- Microlife Corporation
- SunTech Medical Inc.
- Rossmax International Ltd.
- Rudolf Riester GmbH
- iHealth Labs Inc.
- Citizen Systems Japan Co. Ltd.
- American Diagnostic Corporation
- GPC Medical Ltd.
- A&D Company Limited
- Bremed Ltd.
- Nissei Co. Ltd.
- Timesco Healthcare Ltd.
- ChoiceMMed
- Ozeri
- Panasonic Healthcare Co. Ltd.
- Zewa Medical Technology
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.14 Billion |
Forecasted Market Value ( USD | $ 1.78 Billion |
Compound Annual Growth Rate | 11.8% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |