Digital Blood Pressure Monitors Market to Register Growth of USD 1.54 Billion: Driven by Rising 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 several large, small and regional players. Competition among market vendors is largely based on the cost of designing and manufacturing products. Local vendors offer products at low costs compared to global players, thus creating a wide range of products for customers to choose from.

The increasing incidence of hypertension along with the geriatric population has been instrumental in driving the growth of the market. However, the intense competition between sellers and counterfeit products could hamper the growth of the market. Competitors must focus on differentiating their product offerings with unique value propositions to strengthen their market position. Market sellers must also take advantage of existing growth prospects 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 identified as the main market participants. Request a sample PDF report here

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

The autonomous segment will have the largest share of the market. The segment is driven by the high prevalence of cardiovascular diseases globally. Moreover, the expansion of the geriatric population is expected to further drive the growth of the segment during the forecast period.

  • geography
    • North America
    • europe
    • asia
    • ROW

The market will see maximum growth a North America during the forecast period. Rising prevalence of high blood pressure and rising risk factors such as diabetes, obesity, smoking, and unhealthy lifestyle habits are creating significant growth opportunities for vendors operating in the region .

Technavio presents a detailed picture of the market by studying, synthesizing and aggregating data from multiple sources. Download the sample report here

Digital Blood Pressure Monitors Market 2021-2025: Key Highlights

  • Market CAGR during the forecast period 2021-2025
  • Detailed information on factors that will aid the growth of the Digital Blood Pressure Monitors market over the next five years
  • Estimation of the Digital Blood Pressure Monitors market size and its contribution to the parent market
  • Predictions about upcoming trends and changes in consumer behavior
  • The growth of the digital blood pressure monitor market
  • Market competitive landscape analysis and detailed vendor information
  • Comprehensive details of the factors that will challenge the growth of the Digital Blood Pressure Monitors market vendors

Related reports:

Digital Blood Pressure Monitors Market Scope

Coverage of the report

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerating with a CAGR of 9.89%

Market growth 2021-2025

1.54 billion dollars

Market structure

concentrated

Year-on-year growth (%)

9.81

Regional analysis

North America, Europe, Asia and ROW

Realization of the contribution to the market

North America at 47%

Key consumer countries

USA, Japan, China and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer participation

Profiled companies

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

Main market analysis, market growth drivers and obstacles, fast and slow growing segment analysis, impact of COVID-19 and future consumer dynamics and analysis of market conditions for the forecast period.

Customization scope

If our report hasn’t included the data you’re looking for, you can contact our analysts and customize the segments.

Table of Contents:

1 Executive summary

2 Market landscape

  • 2.1 Market ecosystem
    • Exhibition 01: Parents’ market
    • Figure 02: Market characteristics
  • 2.2 Analysis of the value chain
    • Figure 03: Analysis of the value chain: Health equipment

3 Size of the market

  • 3.1 Definition of the market
    • Annex 04: Vendor offers included in the market definition
  • 3.2 Analysis of the market segment
    • Figure 05: Market segments
  • 3.4 Market outlook: forecast for the period 2020-2025
    • Figure 06: Global – Market Size and Forecast 2020-2025 ($ Million)
    • Chart 07: Global market: year-on-year growth 2020 – 2025 (%)

4 Analysis of the five forces

  • 4.2 Buyers’ bargaining power
    • Figure 09: Bargaining power of buyers
  • 4.3 Suppliers’ bargaining power
    • Figure 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Figure 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Figure 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Figure 13: Threat of rivalry
  • 4.7 State of the market
    • Figure 14: State of the Market – Five Forces 2020

5 Market segmentation by type

  • 5.1 Market segments
    • Figure 15: Type – Market Share 2020-2025 (%)
  • 5.2 Comparison by type
    • Figure 16: Comparison by type
  • 5.3 Freelance: Market Size and Forecast 2020-2025
    • Figure 17: Standalone: ​​Market Size and Forecast 2020-2025 ($ Million)
    • Figure 18: Self-employed: annual growth 2020-2025 (%)
  • 5.4 Integrated: Market Size and Forecast 2020-2025
    • Figure 19: Integrated: Market Size and Forecast 2020-2025 ($ Million)
    • Chart 20: Integrated – Year-on-year growth 2020-2025 (%)
  • 5.5 Market opportunity by type
    • Figure 21: Market opportunity by type

6 Customer landscape

  • 6.1 Overview
    • Exhibit 22: Customer landscape

7 Geographical Landscape

  • 7.1 Geographic segmentation
    • Chart 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographical comparison
    • Figure 24: Geographical comparison
  • 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 – Interannual 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 – Interannual 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 – Interannual growth 2020-2025 (%)
  • 7.6 ROW: Market Size and Forecast 2020-2025
    • Figure 31: FILA: Market Size and Forecast 2020-2025 ($ Million)
    • Figure 32: FILA – Interannual growth 2020-2025 (%)
  • 7.7 Main leading countries
    • Figure 33: Key leading countries
  • 7.8 Market opportunity by geography
    • Figure 34: Market Opportunity by Geography ($ Millions)

8 drivers, challenges and trends

  • 8.2 Market challenges
    • Figure 35: Impact of engines and challenges

9 Landscape of sellers

  • 9.1 Overview
    • Exhibition 36: Selling landscape
  • 9.2 Alteration of the landscape
    • Figure 37: Alteration of the landscape
    • Figure 38: Sector risks

10 Analysis of suppliers

  • 10.1 Covered Suppliers
    • Exhibit 39: Covered vendors
  • 10.2 Market positioning of sellers
    • Figure 40: Positioning of sellers in the market
    • Annex 41: A and D Co. Ltd. – General description
    • Annex 42: A and D Co. Ltd. – Business segments
    • Annex 43: A and D Co. Ltd. – Key offers
    • Figure 44: A and D Co. Ltd. – Focus segment
    • Figure 45: Care Touch – Overview
    • Exhibition 46: Care Touch – Product and service
    • Figure 47: Care Touch – Key offers

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