Blood Pressure Monitoring Devices Market Analysis and Scope (2021 to 2022)
Blood Pressure Monitoring Devices Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 2,387.21 Million |
Market Size by 2030 | US$ 5,346.65 Million |
Global CAGR (2022 - 2030) | 10.6% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various initiatives taken by leading players operating in the blood pressure monitoring devices market are listed below:
- In January 2023, Valencell launched its own branded product line in the Digital Health segment. The company’s first product candidate focuses on helping patients monitor and manage hypertension using an intuitive app combined with an innovative OTC device to precisely measure blood pressure from the finger without a cuff or calibration.
- In Oct 2022, OMRON Healthcare upgraded its portfolio of blood pressure monitors by converting them into “connected” devices. This major upgrade in the portfolio was meant to help users and healthcare practitioners gain seamless, effortless, more real-time, and accurate control over hypertension management. The connected devices allow the blood pressure data to transfer effortlessly through the OMRON Connect application (app).
Competitive Landscape and Key Companies:
Omron Healthcare Welch Allyn, Inc., A&D Medical Inc., SunTech Medical, Inc., American Diagnostics Corp., Withings, GE Healthcare, Microlife AG, GF Health Products, Inc., Spacelabs Healthcare, and Baxter are the prominent blood pressure monitoring devices market companies. These companies focus on new technologies, existing products advancements, and geographic expansions to meet the burgeoning consumer demand worldwide.