Digital blood pressure monitor market to record growth of USD 1.54 billion – driven by increasing incidence of hypertension

The global digital blood pressure monitor market is currently concentrated and the market structure is expected to remain the same during the forecast period. The market includes many large, small and regional players. Competition among vendors in the market is largely based on the design and manufacturing cost of the products. Local vendors offer products at lower costs than global players, thereby creating a wider range of products for customers to choose from.

The increasing incidence of hypertension along with the geriatric population has played a significant role in driving the market growth. However, intense competition between vendors and counterfeit products may hamper the market growth. Competitors must focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Marketers must also take advantage of growth opportunities that exist in fast-growing segments, while maintaining their positions in slow-growing segments. A&D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, Hillrom, Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., and Smiths Medical Inc. are known as major market participants. Request a sample report PDF here

The global digital blood pressure monitor market is segmented as follows:

The stand-alone segment will have the largest share of the market. This segment is driven by the high prevalence of cardiovascular disease worldwide. Additionally, the expansion of the geriatric population is expected to propel the growth of the segment during the forecast period.

  • Geography
    • North America
    • Europe
    • Asia
    • ROW

The market will observe maximum growth North America During the forecast period. The rising prevalence of hypertension and rise in risk factors such as diabetes, obesity, smoking, and unhealthy lifestyle habits are creating significant growth opportunities for vendors operating in this sector.

Technavio presents a comprehensive picture of the market through the study, synthesis, and aggregation of data from multiple sources. Download a sample report here

Digital Blood Pressure Monitors Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that help digital blood pressure monitor market growth over the next five years
  • The digital blood pressure monitor monitors the market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • Growth of Digital Blood Pressure Monitor Market
  • Analysis of market competitive landscape and detailed information on vendors
  • A detailed description of the factors challenging the growth of Digital Blood Pressure monitors the market vendors

Related reports:

Digital Blood Pressure Monitor Market Scope

Report coverage

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth rate and CAGR

Accelerated at a CAGR of 9.89%

Market Growth 2021-2025

USD 1.54 billion

Market structure

focused

Annual Growth (%)

9.81

Regional analysis

North America, Europe, Asia, and ROW

Demonstrating market contribution

North America 47%

Major consumer countries

America, Japan, China and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement range

Companies profile

A&D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, Hillrom, Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., and Smiths Medical Inc.

Market dynamics

Parent market analysis, market growth inducers and restraints, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market situation analysis for the forecast period.

Custom range

If our report does not contain the data you are looking for, you can contact our analysts and customize the sections.

Table of Contents:

1 Executive Summary

2 Market scenario

  • 2.1 Market Ecosystem
    • Exhibit 01: Parent Market
    • Exhibit 02: Market Characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value Chain Analysis: Healthcare Equipment

3 Market size

  • 3.1 Market Definition
    • Exhibit 04: Proposal of vendors included in the market definition
  • 3.2 Market Segment Analysis
    • Exhibit 05: Market Segments
  • 3.4 Market Outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market Size and Forecast 2020 – 2025 ($ Million)
    • Exhibit 07: Global Market: Year-on-Year Growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.2 Bargaining Power of Purchasers
    • Exhibit 09: Bargaining Power of Buyers
  • 4.3 Bargaining Power of Suppliers
    • Exhibit 10: Bargaining Power of Suppliers
  • 4.4 Threats of New Entrants
    • Exhibit 11: Threat of New Entrants
  • 4.5 Threat of Substitution
    • Exhibit 12: The Threat of Alternatives
  • 4.6 Threats of Competitors
    • Exhibit 13: Threat of Rivalry
  • 4.7 Market Conditions
    • Exhibit 14: Market Conditions – The Five Forces 2020

Market segmentation by 5 types

  • 5.1 Market Segments
    • Exhibit 15: Type – Market Share 2020-2025 (%)
  • 5.2 Comparison by type
    • Exhibit 16: Comparison by Type
  • 5.3 Stand-Alone – Market Size and Forecast 2020-2025
    • Exhibit 17: Stand-Alone – Market Size and Forecast 2020-2025 ($ Million)
    • Exhibit 18: Stand-Alone – Year-on-Year Growth 2020-2025 (%)
  • 5.4 Integrated – Market Size and Forecast 2020-2025
    • Exhibit 19: Integrated – Market Size and Forecast 2020-2025 ($ Million)
    • Exhibit 20: Consolidated – Year-on-year growth 2020-2025 (%)
  • 5.5 Market Opportunities by Type
    • Exhibit 21: Market Opportunities by Type

6 Customer scenario

  • 6.1 Overview
    • Exhibit 22: Customer Scenario

7 Geographical landscape

  • 7.1 Geographical Segmentation
    • Exhibit 23: Market Share by Geography 2020-2025 (%).
  • 7.2 Geographical Comparisons
    • Exhibit 24: Geographical Comparisons
  • 7.3 North America – Market Size and Forecast 2020-2025
    • Exhibit 25: North America – Market Size and Forecast 2020-2025 ($ Million)
    • Exhibit 26: North America – Year-on-year growth 2020-2025 (%)
  • 7.4 Europe – Market Size and Forecast 2020-2025
    • Exhibit 27: Europe – Market Size and Forecast 2020-2025 ($ Million)
    • Exhibit 28: Europe – Year-on-year growth 2020-2025 (%)
  • 7.5 Asia – Market Size and Forecast 2020-2025
    • Exhibit 29: Asia – Market Size and Forecast 2020-2025 ($ Million)
    • Exhibit 30: Asia – Year-on-year growth 2020-2025 (%)
  • 7.6 ROW – Market Size and Forecast 2020-2025
    • Exhibit 31: ROW – Market Size and Forecast 2020-2025 ($ Million)
    • Exhibit 32: ROW – Year-on-year growth 2020-2025 (%)
  • 7.7 Principal Principal Countries
    • Exhibit 33: Major Key Countries
  • 7.8 Market Opportunities by Geography
    • Exhibit 34: Market Opportunity by Geography ($ Millions)

8 Drivers, Challenges, and Trends

  • 8.2 Market Challenges
    • Exhibit 35: Impact of Drivers and Challenges

9 vendor scenario

  • 9.1 Overview
    • Exhibit 36: Vendor Scenario
  • 9.2 Landscape Constraints
    • Exhibit 37: Landscape disruption
    • Exhibit 38: Industry Risk

10 Vendor Analysis

  • 10.1 Sellers Cover
    • Exhibit 39: Vendors covered
  • 10.2 Market Position of Sellers
    • Exhibit 40: Market Position of Vendors
    • Exhibit 41: A and D Co. Ltd. – Overview
    • Exhibit 42: A and D Co. Ltd. – Business segments
    • Exhibit 43: A and D Co. Ltd. – Major offers
    • Exhibit 44: A and D Co. Ltd. – Section focus
    • Exhibit 45: Care Touch – Overview
    • Exhibit 46: Care Touch – Products and Services
    • Exhibit 47: Care Touch – Key Offers

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