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Ambulatory Blood Pressure Monitoring Devices Market by Device Type (Products, Accessories), by Operation (Automatic, Semi-automatic, Manual), by Configuration (Portable, Desk mounted, Floor standing, Wall mounted), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by Middle East and Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East and Africa) Forecast 2025-2033
The size of the Ambulatory Blood Pressure Monitoring Devices market was valued at USD XXX Billion in 2023 and is projected to reach USD XXX Billion by 2032, with an expected CAGR of 8.5% during the forecast period.Ambulatory Blood Pressure Monitoring (ABPM) refers to portable, small, and handy devices that continuously monitor the blood pressure over 24 hours at regular time intervals while a patient goes on about their normal daily activity. ABPM provides a different perspective of a patient's blood pressure pattern throughout the day and night as compared with conventional blood pressure measurement taken at the doctor's clinic. This information becomes critical for assessing and managing cases of hypertension, a dominant risk factor leading to heart attack and stroke conditions. The hypertension ABPM market is influenced through the rising population of hypertensive sufferers, the higher focus on precocious diagnosis coupled with treatment initiation, and constant technological developments across monitoring devices.
The market is moderately fragmented with key players holding significant market shares. The industry is characterized by continuous innovation, with companies investing in R&D to develop more accurate and user-friendly devices. Regulatory policies and standards play a crucial role in shaping the industry dynamics. The market is end-user concentrated, with hospitals and clinics being the primary users of ABPM devices. M&A activities are expected to reshape the competitive landscape in the coming years.
The market is witnessing a surge in the adoption of wireless and wearable ABPM devices, offering convenience and real-time monitoring. Remote patient monitoring and telemedicine services are increasing the demand for ABPM devices. The growing use of AI and machine learning in ABPM devices is enhancing their accuracy and efficiency.
Dominant Region: North America holds the largest market share due to the high prevalence of hypertension, advanced healthcare infrastructure, and increasing adoption of home-based ABPM devices.
Dominant Segment: Upper arm monitors account for the largest market share due to their accuracy and user-friendliness. The wrist monitors segment is projected to witness significant growth due to its compactness and portability.
The report provides a comprehensive analysis of the market, including market size, market share, and growth projections. It also includes an in-depth analysis of the product segments, end-user segments, and regional markets. The deliverables include market forecasts, market share analysis, competitive landscape, and industry trends.
Market Size: The global ambulatory blood pressure monitoring devices market size was valued at USD 0.7 billion in 2020.
Market Share: Key players such as OMRON, Philips, and Microlife Corporation hold significant market shares.
Growth: The market is expected to grow at a CAGR of 8.5% from 2021 to 2028.
1. Device Type
2. Operation
3. Configuration
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 8.5% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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