PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477149
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477149
Ambulatory Blood Pressure Monitors Market size was valued at USD 182.21 Million in 2023, expanding at a CAGR of 6.5% from 2024 to 2032.
Ambulatory blood pressure monitors (ABPMs) are portable devices used to monitor blood pressure over some time, as opposed to traditional blood pressure measurements taken in a clinical setting. They consist of a cuff worn on the upper arm, connected to a small recording device worn around the waist or carried in a pocket. Increasing awareness about the importance of monitoring blood pressure regularly for early detection and management of hypertension is driving the demand for ABPM devices. However, some technical challenges such as calibration issues or discomfort associated with wearing ABPM devices for an extended period may pose constraints to their widespread adoption. Furthermore, continued investment in research and development to improve the accuracy, reliability, and comfort of ABPM devices can unlock new opportunities and drive further market growth.
Ambulatory Blood Pressure Monitors Market- Market Dynamics
Increasing prevalence of hypertension
ABPMs provide continuous blood pressure monitoring over 24 hours, capturing fluctuations that may be missed during sporadic office visits. This allows for a more comprehensive assessment of blood pressure patterns throughout the day and night. They can also identify masked hypertension, where blood pressure readings are normal in a clinical setting but elevated elsewhere. Ambulatory Blood Pressure Monitors play a significant role in the diagnosis, management, and long-term monitoring of hypertension, offering benefits in accuracy, convenience, and treatment optimization.
Ambulatory Blood Pressure Monitors Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.5% over the forecast period (2024-2032)
Based on product type segmentation, wrist ABPM devices were predicted to show maximum market share in the year 2023
Based on configuration segmentation, portable was the leading type in 2023
Based on region, North America was the leading revenue generator in 2023
The Global Ambulatory Blood Pressure Monitors Market is segmented based on Product Type, Operation, Configuration, End User, and Region.
The market is divided into four categories based on product type: Wrist ABPM Devices, Arm ABPM Devices, Digital BP Monitors and Accessories. Wrist ABPM devices offer a convenient and effective means of monitoring blood pressure over an extended period, providing valuable insights into cardiovascular health and facilitating the management of hypertension and related conditions.
The market is divided into four categories based on configuration: Portable Ambulatory Blood Pressure Monitors (ABPMs) are devices used to measure blood pressure over 24 hours as the individual conducts their daily activities. Unlike traditional blood pressure monitors used in clinical settings, which take readings at specific times during a visit, ABPMs provide a more comprehensive understanding of a person's blood pressure fluctuations throughout the day and night.
Ambulatory Blood Pressure Monitors Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
The global ambulatory blood pressure monitors (ABPM) market was dominated by regions such as North America, Europe, and the Asia-Pacific. However, dominance can vary over time due to factors such as technological advancements, healthcare infrastructure development, and market regulations. Generally, North America and Europe have been significant players in the healthcare technology market, but emerging economies in Asia-Pacific, such as China and India, have been rapidly growing due to increasing healthcare spending and awareness.
The key players that operate in the global ambulatory blood pressure monitoring devices market include Baxter International Inc., Bosch+Sohn GmbH Co KG, BPL Ltd, OSI Systems, Inc., BAXTER . Additionally, regulatory compliance and adherence to industry standards are crucial for gaining trust and credibility in the medical device market. The peer or tangential sectors in the healthcare sector are expected to affect the worldwide market for blood pressure monitors. For instance, In September, The North West London Digital First programme invented a remote blood pressure monitoring application which will help to manage blood pressure and medication from home with the support of a GP.
In May 2021, Biobeat, a global leader in wearable remote patient monitoring solutions for the healthcare continuum, announced the launch of its new wearable and continuous ambulatory blood pressure monitoring (ABPM) chest-monitoring device.
GLOBAL AMBULATORY BLOOD PRESSURE MONITORS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
OSI Systems, Inc.
SCHILLER AG,
BAXTER
CONTEC MEDICAL SYSTEMS CO. LTD.
Omron Corporation,
GE HEALTHCARE
BOSCH & SOHN GmbH & CO. KG,
VASO CORPORATION
HALMA PLC
BPL LTD.
Microlife AG
Philips Healthcare;
Biobeat
Others