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Blood Pressure Test Market Size

ID: MRFR//4043-HCR | 110 Pages | Author: Rahul Gotadki| May 2024

The Blood Pressure Test marketplace is appreciably inspired by demographic factors, which include age and gender. With a growing global population, there's a growing occurrence of hypertension, driving the demand for Blood Pressure Testing devices.
The growing prevalence of high blood pressure globally is a key market factor. Lifestyle changes, stress, and sedentary behavior contribute to elevated blood pressure levels, growing a sustained demand for accurate and reliable Blood Pressure Testing devices. Rapid advancements in generation have brought about the development of modern blood stress-tracking gadgets. Automated, consumer-friendly, and transportable contraptions are gaining a reputation, catering to the preferences of both healthcare specialists and individuals tracking their blood strain at home.
Government initiatives promoting public health, particularly within the context of continual sicknesses like high blood pressure, play an essential role. Subsidies, attention packages, and regulatory measures contribute to the overall boom and accessibility of Blood Pressure Testing gadgets. Events along with global fitness pandemics can affect the Blood Pressure Test marketplace. The heightened consciousness of health conditions during such crises can also cause multiplied monitoring, checking out, and the adoption of telehealth answers, influencing marketplace dynamics.
Economic elements, which include disposable profits and healthcare spending, affect the Blood Pressure Test market. As economies grow, individuals can be extra willing to spend money on private healthcare gadgets, contributing to marketplace enlargement. The integration of blood stress tracking devices with information management structures is a tremendous fashion. This allows for seamless tracking of blood pressure traits through the years, facilitating higher sickness control and healthcare choice-making.
Intense competition among marketplace gamers results in non-stop product improvements and competitive pricing techniques. This dynamic landscape benefits clients by presenting a variety of alternatives and using advancements in tool capabilities.
The regulatory panorama performs a pivotal function in shaping the Blood Pressure Test marketplace. Stringent regulatory requirements for product approval and compliance requirements ensure the safety and effectiveness of devices, influencing marketplace access and increase. The increasing adoption of telehealth offerings has a direct effect on the Blood Pressure Test market. Remote patient monitoring and virtual consultations power the demand for linked blood stress tracking gadgets, which can transmit real-time data to healthcare providers.

Covered Aspects:

Report Attribute/Metric Details

Blood Pressure Test Market Synopsis


Blood pressure test market is expected to reach USD 1562 Million by 2030 at 5.6% CAGR during the forecast period 2022-2030.Blood pressure is a measure of the amount of blood pushed against the walls of the arteries. It is namely of two types; systolic pressure and diastolic pressure and is measured in millimeters of mercury (mm Hg). Blood pressure test usually is done to diagnose hypertension, one of the major risk factor for coronary heart disease. It can be done at hospitals, clinics, and diagnostic centers, to determine the elevation in the blood pressure in case of an emergency. Blood pressure test can also be done at home with numerous blood pressure testing devices available in the market.


The blood pressure test market is driven by rising prevalence of chronic diseases such as cardiovascular diseases, hypertension, diabetes, and others. Furthermore, changing lifestyle, and increasing demand for diagnostic devices for cardiovascular diseases is facilitating the market growth. However, a limited number of trained personnel has restrained the growth of the market. However, the high cost of diagnosis and treatment of cardiovascular diseases restrains the growth of the market.


According to the WHO, about 59% of the mortality is due to chronic diseases, and almost 35 million people die of chronic diseases in the world. Cardiovascular diseases and diabetes are increasing the economic burden of various developing and developed nations across the globe.


Intended Audience



  • Medical Device Manufacturers

  • Medical Device Suppliers

  • Medical Research Laboratories

  • Research and Development (R&D) Companies

  • Market Research and Consulting Service Providers

  • Potential Investors


FIGURE 1: Global Blood Pressure Test Market by Type, 2016 (%)


 Blood Pressure Test


Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation


Segments 


The blood pressure test market is segmented on the basis of product, indication, and end user.


On the basis of the product, the blood pressure test market is segmented into sphygmomanometers, blood pressure transducers, blood pressure instrument accessories, and others.


Sphygmomanometers is further segmented into mercury, aneroid and digital. Blood pressure transducers is further segmented into disposable and reusable. Blood pressure instrument accessories is further segmented into blood pressure cuffs, bladders, and bulbs & valve.


On the basis of indication, the blood pressure test market is segmented into hypertension, coronary heart disease, and others.


On the basis of the end user, the blood pressure test market is segmented into hospitals & clinics, diagnostic centers, home care and others.


Research Methodology


 Blood Pressure Test 1


Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The American Autoimmune Related Diseases Association, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation


Regional Analysis of the Blood Pressure Test Market      


The Americas account for the largest blood pressure test market. Increasing prevalence of cardiovascular diseases and diabetes is the major driving factor for the growth of the market. According to the Center for Diseases Control and Prevention (CDC), 9.3% of the total American population is suffering from diabetes. Increasing number of diabetic and obese population, rising demand for better treatment for the diseases and well-developed infrastructure has provided fuel for the growth of the market. North America accounts for the major share in the America advanced blood pressure test market.


Europe accounts for the second largest market due to the well-developed healthcare sector, continuously increasing patient population, and high healthcare expenditure. Additionally, increasing prevalence of diabetes in the European Union (EU) also fuels the market growth. Germany, the U.K., and France hold the first, second and third position in the market.


Asia Pacific is expecting the fastest growth for this market. Increasing prevalence of cardiovascular diseases and rising geriatric population are the major driving factor for the growth of the market. India and China are the two major regions with the highest contribution to the market growth owing to highest diabetic population and increasing the presence of heart attack among these patients. Additionally, rising geriatric population further drive the growth of the market. Furthermore, rapid development of the healthcare infrastructure also accelerates the market growth. According to the International diabetic federation, India and China account 180 million people have diabetes which is approximately 40% of world’s diabetic population. The rising prevalence of diabetes in this region is attributed to rising prevalence of lifestyle disorders such as obesity, and addiction such as smoking. According to the International Diabetes Foundation, 98.4 million and 65.1 million diabetic population live in China and India respectively.


In the Middle East & Africa, the market is expected to show steady growth due to developing healthcare system, and increasing demand for diagnostic and treatment services. The Middle East is the major contributor to the market which is driven by the presence of well-developed economies such as Kuwait and Qatar. Whereas, Africa exhibits slow growth due to limited development in the field of medical science and presence of poor economic conditions in various developing regions of Africa.


Key Players in the Blood Pressure Test Market


Some of the key players in blood pressure test market are OMRON Corporation, SunTech Medical, Inc., SPENGLER, Koninklijke Philips N.V., Schiller AG, Spacelabs Healthcare, American Diagnostic Corporation, Bosch + Sohn GmbH u. Co. KG, Withings SA, Welch Allyn, Inc. (Hill-Rom), A&D Medical, and General Electric Company.

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