Global 24 Hours Ambulatory Blood Pressure Monitors Market Projected to Reach USD 260 Million by 2026

23-Mar-2020 | Facts and Factors

The global 24 Hours Ambulatory Blood Pressure Monitors market in 2019 was approximately USD 161 million. The market is expected to grow at a CAGR of 6.8% and is anticipated to reach around USD 260 million by 2026.

24 Hours Ambulatory Blood Pressure Monitors Market

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24-hour ambulatory blood pressure monitoring is a procedure to assess blood pressure at fixed intervals, usually over a 24-hour period for 15-20 minutes, during which a patient performs regular daily work. Blood pressure monitors are compact electronic monitors that are used on a belt attached to the upper arm. ABPM instruments are medical devices that are used daily to monitor blood pressure even when the patient sleeps. Patient monitoring ABPM requires non-invasive blood pressure measurement devices that can be performed in the patient's own environment for 24 hours. The ABPM sensors read the pulse rate and can be worn in the arms or wrist to measure blood pressure.

Browse the full “24 Hours Ambulatory Blood Pressure Monitors Market By Type (Wrist ABPM devices and Arm ABPM) and By End User (Hospitals, Ambulatory surgical centers, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/24-hours-ambulatory-blood-pressure-monitors-market-by-888

A number of factors are driving the global market for 24-hour ambulatory blood pressure control, such as an unprecedented increase in the number of patients with hypertension due to increased cardiovascular disease, obesity, and diabetes. The increased preference for a patient-centered model and the demand for a non-invasive blood pressure measurement method is also projected to fuel the market. However, the high cost of ABPM products, coupled with a lack of awareness, especially in emerging countries, might hinder the market’s growth over the forecast period. In comparison, growth in health infrastructure and rising health spending in emerging countries are analyzed to provide the industry with lucrative opportunities over the forecast period. The market is driven by an increase in cases of hypertension due to an increase in the prevalence of diabetes, obesity, and cardiovascular disease. In addition, growth in the elderly population, increased demand for non-invasive blood pressure monitoring methods, and the transition from a drug-based model to a patient-based model are some of the factors bolstering the demand for ABPM devices in the global market.

Based on type, an Arm ABPM device dominated the global market in 2019 and accounted for approximately 62% of the global market share for 24 Hours Ambulatory Blood Pressure Monitors. This popularity for arm ABPM devices is primarily attributable to their high adoption rate and high accuracy. By end-user, hospitals held significant shares for 24 Hours Ambulatory Blood Pressure Monitors in 2019, and this segment is anticipated to bolster more throughout the forecast period, owing to the rising investment of the government in the healthcare sector.

 North American region, based on regional analysis dominated the market in 2019, this dominance is primarily owed to the rising disposable income amongst the population residing in this region.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 161 Million

Projected Market Size in 2026

USD 260 Million

CAGR Growth Rate

6.8% CAGR

Base Year

2020

Forecast Years

2020-2026

Key Market Players

Welch Allyn, Inc., Schiller AG, Contec Inc., Bosch & Sohn GmbH & Co. KG, Vaso Corporation, GE Company, Rudolf Riester GmbH, SunTech Medical, BPL Group, Spacelabs Healthcare, Inc., and others.

Key Segment

By End-User, By Type, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Some of the essential players operating in the 24 Hours Ambulatory Blood Pressure Monitors market, but not restricted include Welch Allyn, Inc., Schiller AG, Contec Inc., Bosch & Sohn GmbH & Co. KG, Vaso Corporation, GE Company, Rudolf Riester GmbH, SunTech Medical, BPL Group, Spacelabs Healthcare, Inc., and others.

This report segments the 24 Hours Ambulatory Blood Pressure Monitors market as follows:

Global 24 Hours Ambulatory Blood Pressure Monitors Market: By Type Segmentation Analysis

  • Wrist ABPM devices
  • Arm ABPM

Global 24 Hours Ambulatory Blood Pressure Monitors Market: By End-User Segmentation Analysis

  • Hospitals
  • Ambulatory surgical centers
  • Others

Global 24 Hours Ambulatory Blood Pressure Monitors Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

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