PUBLISHER: The Business Research Company | PRODUCT CODE: 1588824
PUBLISHER: The Business Research Company | PRODUCT CODE: 1588824
A digital or electrical sphygmomanometer is a medical device that measures blood pressure electronically and displays the results on a digital screen. It consists of an inflatable cuff, a pressure sensor, and offers benefits such as enhanced accuracy, ease of use, and the ability to store multiple readings. This device simplifies blood pressure monitoring through advanced technology.
The main types of digital or electrical sphygmomanometers are upper arm and wrist models. Upper arm sphygmomanometers measure blood pressure by inflating a cuff around the upper arm to detect pressure changes with high precision. They come in various technologies, including fully automatic and semi-automatic models, and differ in portability, being available in both portable and non-portable versions. These devices are used by a range of end-users, including hospitals, clinics, ambulatory care centers, home care settings, and others.
The digital or electrical sphygmomanometer market research report is one of a series of new reports from The Business Research Company that provides digital or electrical sphygmomanometer market statistics, including the digital or electrical sphygmomanometer industry global market size, regional shares, competitors with the digital or electrical sphygmomanometer market share, detailed digital or electrical sphygmomanometer market segments, market trends, and opportunities, and any further data you may need to thrive in the digital or electrical sphygmomanometer industry. These digital or electrical sphygmomanometer market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The digital or electrical sphygmomanometer market size has grown rapidly in recent years. It will grow from $1.02 billion in 2023 to $1.14 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth during the historic period can be attributed to the increasing prevalence of hypertension, a rising need for accurate blood pressure monitoring, growing awareness of cardiovascular health, recommendations from healthcare professionals, and advancements in device accuracy.
The digital or electrical sphygmomanometer market size is expected to see rapid growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The projected growth for the forecast period can be attributed to the rise of telemedicine, a growing emphasis on home health monitoring, the expansion of wearable health technology, increasing health consciousness among younger populations, and the rising elderly population. Key trends expected during this period include the integration of AI for predictive analytics, the adoption of wearable and connected health technologies, advancements in smart home healthcare solutions, the development of advanced multi-functional devices, and a growing focus on sustainable and eco-friendly materials.
The increasing prevalence of hypertension is expected to drive the growth of the digital or electrical sphygmomanometer market. Hypertension, characterized by consistently high blood pressure against the artery walls, can lead to various health complications. High sodium intake from processed foods contributes to this condition by causing water retention, which increases blood volume and puts extra strain on the heart and blood vessels. Digital sphygmomanometers enhance hypertension management by offering precise measurements, home monitoring options, and data recording capabilities. For example, a report from the American Heart Association in January 2024 highlighted that hypertension led to 124,508 deaths in the US in 2021. Similarly, a report from January 2023 noted that there were 119,997 deaths in the US in 2020 due to high blood pressure. Thus, the growing incidence of hypertension is fueling the expansion of the digital or electrical sphygmomanometer market.
Leading companies in the digital or electrical sphygmomanometer market are focusing on advanced technologies, such as automatic blood pressure monitors, to provide real-time health monitoring. These devices measure blood pressure by inflating a cuff and detecting arterial blood flow, then digitally display the systolic and diastolic readings. For instance, in February 2022, InBody Pvt. Ltd., a South Korea-based medical technology company, introduced the BP 170. This automatic monitor uses a patented one-touch cuff and oscillometric method for accurate measurement of systolic and diastolic blood pressure and pulse rate. It features a large, easy-to-read screen and syncs with the InBody mobile app for tracking health progress over time. The device meets the ISO 81060-2,2018 standard, ensuring reliability and accuracy, and can detect irregular pulse rates, early morning hypertension, and improper cuff positioning to improve home health monitoring.
In December 2021, Baxter International Inc., a US-based healthcare company, acquired Hill-Rom Holdings Inc. for $12.5 billion. This acquisition allows Baxter to integrate Hillrom's digital health and linked care technologies, expanding its medical product range and enhancing patient care both in hospitals and at home. Hill-Rom Holdings Inc. is a US-based medical device company specializing in digital blood pressure devices.
Major companies operating in the digital or electrical sphygmomanometer market are Omron Healthcare Inc., Smiths Group, Welch Allyn Inc., Contec Medical Systems Co.Ltd., Beurer GmbH, SCHILLER AG, BPL Medical Technologies, Microlife Corporation, SunTech Medical Inc., Rossmax International Ltd., Rudolf Riester GmbH, iHealth Labs Inc., Citizen Systems Japan Co. Ltd., American Diagnostic Corporation, GPC Medical Ltd., A&D Company Limited, Bremed Ltd., Nissei Co. Ltd., Timesco Healthcare Ltd., ChoiceMMed, Ozeri, Panasonic Healthcare Co. Ltd., Zewa Medical Technology
North America was the largest region in the digital or electrical sphygmomanometer market in 2023. The regions covered in the digital or electrical sphygmomanometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital or electrical sphygmomanometer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The digital or electrical sphygmomanometer market consists of sales of a heart rate monitor, an irregular heartbeat detector, a portable carrying case, and memory storage. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Digital Or Electrical Sphygmomanometer Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on digital or electrical sphygmomanometer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for digital or electrical sphygmomanometer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital or electrical sphygmomanometer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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