NEW YORK, May 12, 2021 /PRNewswire/ — The global ambulatory blood pressure monitoring systems market by product (arm-based and wrist-based) and geography (North America, Europe, Asia, and ROW) has been added to Technavio’s offering. The global ambulatory blood pressure monitoring systems market is expected to grow by USD 42.46 million, at a CAGR of almost 11% during 2021-2025.
The global ambulatory blood pressure monitoring systems market witnessed a positive impact due to the spread of the COVID-19 pandemic in 2020. The market is expected to observe steady growth in 2021 with the removal of lockdown restrictions and the resumption of manufacturing activities.
The market is driven by factors such as the increasing incidence of hypertension coupled with the geriatric population, favorable reimbursement scenario, and advanced technology support and improved monitoring techniques.
Ambulatory Blood Pressure Monitoring Systems Market: Opportunities
The rising prevalence of high blood pressure and the expanding geriatric population is increasing the demand for ambulatory blood pressure monitoring systems. In addition, an increase in risk factors such as smoking, lack of proper physical activity, older community, and an increased intake of fat-rich and fast foods have increased the prevalence of heart diseases and hypertension. In addition, a rise in detection and screening and increased public awareness regarding ABPM systems will create significant opportunities for market vendors during the forecast period.
Ambulatory Blood Pressure Monitoring Systems Market: Segmentation by Product
Based on the segmentation by product, the market generated maximum revenue in the arm-based ambulatory blood pressure monitoring systems segment in 2020. The segment is primarily driven by the rising prevalence of hypertension worldwide. Besides, technological advances and the launch of innovative products by vendors are contributing to the growth of the segment.
Ambulatory Blood Pressure Monitoring Systems Market: Segmentation by Geography
North America held the largest market share in 2020 and the market growth in the region is expected to be slower compared to the growth of the market in other regions. The growth of the market in North America can be attributed to the high prevalence of high blood pressure causing white coat hypertension, a growing number of technologically advanced ABPM systems, and the presence of sophisticated healthcare infrastructure. Also, the rapidly expanding geriatric population is expected to fuel the growth of the ambulatory blood pressure monitoring systems market in North America during the forecast period.
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Ambulatory Blood Pressure Monitoring Systems Market: Major Vendors
A&D Co. Ltd.
The company offers a wide range of ambulatory blood pressure monitoring systems such as TM-2440, TM-2441, TM-2430, Doctor Pro 3 (TM-9501), and others.
BOSCH + SOHN GmbH u. Co. KG
The company offers ambulatory blood pressure monitoring systems such as TM-2450, 24-hour blood pressure monitor.
Contec Medical Systems Co. Ltd.
The company offers the ambulatory blood pressure monitoring system, namely ABPM50 which is a handhold ambulatory blood pressure monitor designed according to oscillography theory.
Halma Plc
The company offers various medical devices to monitor blood pressure and others. The company offers blood pressure monitors through its subsidiary, Cardios.
Hill-Rom Holdings Inc.
The company offers ABPM 7100 ambulatory blood pressure monitor that helps avoid white coat hypertension, track sleep readings, and tailor drug therapy regimens with simple, 24-hour ambulatory blood pressure monitoring.
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Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Arm-based – Market size and forecast 2020-2025
- Wrist-based – Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- Asia – Market size and forecast 2020-2025
- ROW – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- A&D Co. Ltd.
- BOSCH + SOHN GmbH u. Co. KG
- Contec Medical Systems Co. Ltd.
- Halma Plc
- Hill-Rom Holdings Inc.
- Microlife Corp.
- Nihon Kohden Corp.
- OMRON Corp.
- OSI Systems Inc.
- SCHILLER AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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