Global Wearable Blood Pressure Monitors Market Overview And Prospects
Learn about the global wearable blood pressure monitors market through The Business Research Company, which provides information on wearable blood pressure monitors market size, wearable blood pressure monitors market drivers and restraints, wearable blood pressure monitors market players, the COVID-19 impact on the wearable blood pressure monitors market, and more.
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The global wearable blood pressure monitors market is expected grow from $0.86 billion in 2020 to $1 billion in 2021 at a compound annual growth rate (CAGR) of 16.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The wearable blood pressure monitors market is expected to reach $1.8 billion in 2025 at a CAGR of 16%.
Increased demand for patient monitoring devices is expected to drive innovation in wearable blood pressure monitors manufacturing, thus driving the market during the forecast period.
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The wearable blood pressure monitors market consists of the sale of wearable blood pressure monitors and related services. The market comprises of revenue generated by business enterprises that manufacture, develop and sell wearable blood pressure monitors. Wearable blood pressure monitors are devices that continuously monitor blood pressure even during activities like exercises, sleep, etc. using technology that is connected to the person’s body. The data is stored and analyzed through an app.
Global wearable blood pressure monitors market segments include:
By Product: Wrist Blood Pressure Monitor, Upper Arm Blood Pressure Monitor, Finger Blood Pressure Monitor
By Technology: Wi-Fi Based, Bluetooth Based
By Application: Hospital, Clinic, Home Care Settings, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Most of the wearable blood pressure monitoring technologies are under either experimental or research and development stage. Companies and researchers are studying different wearable technologies that monitor the blood pressure.
TBRC’s wearable blood pressure monitors market report covers:
Major Market Players: Blipcare, GE Healthcare, ForaCare Suisse, Omron, Xiaomi, Philips, Medaval, Qardio, and Smiths Group.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Wearable Blood Pressure Monitors Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides wearable blood pressure monitors market overviews, analyzes and forecasts market size, share, wearable blood pressure monitors market players, wearable blood pressure monitors market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s wearable blood pressure monitors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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