The Wearable Blood Pressure Monitors Global Market Report 2023 by The Business Research Company, provides wearable blood pressure monitors market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Wearable Blood Pressure Monitors Global Market Report 2023, the market size is expected to grow from$1.46 billion in 2022 to $1.77 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global wearable blood pressure monitors is expected to grow to $3.77 billion in 2027 at a CAGR of 20.9%.
Increased demand for patient monitoring devices is expected to drive the wearable blood pressure monitors market. The increasing prevalence of chronic diseases coupled with the rise in surgeries that need continuous monitoring has mainly increased the demand for patient monitoring devices. Additionally, due to the growing awareness of a healthy lifestyle and fitness, individuals are interested in continuous monitoring of their health as it acts as a preventive measure while improving their health condition. The National Wearable Survey report by Valencell, a wearable technology company, states that two-thirds of customers owned a wearable device as they believe that it causes a positive impact on their health. Nearly 55% of the respondents are interested in monitoring their blood pressure with the help of wearable technologies. Therefore, increased demand for monitoring devices is expected to drive the wearable blood pressure market growth.
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The wearable blood pressure monitors market is segmented:
1)Wearable Blood Pressure Monitors Market By Product: Wrist Blood Pressure Monitor, Upper Arm Blood Pressure Monitor, Finger Blood Pressure Monitor
2) Wearable Blood Pressure Monitors Market By Technology: Wi-Fi Based, Bluetooth Based
3) Wearable Blood Pressure Monitors Market By Application: Hospital, Clinic, Home Care Settings, Other Applications
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 blood pressure. For instance, video from a smartphone is used to detect blood pressure by the variation in facial blood vessels. Valencell, a health-tech company, is working on an earbud sensor for detecting blood pressure using photoplethysmography. Also, the Akttia bracelet, a cuff-less technology that uses an optical sensor for monitoring blood pressure is under validation. Therefore, more R&D in this field is expected to provide growth opportunities for the wearable blood pressure market.
Top Major Players
The wearable blood pressure monitors market report table of contents includes:
1. Executive Summary
2. Wearable Blood Pressure Monitor Market Characteristics
3. Wearable Blood Pressure Monitor Market Trends And Strategies
4. Wearable Blood Pressure Monitor Market – Macro Economic Scenario
5. Wearable Blood Pressure Monitor Market Size And Growth
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26. Africa Wearable Blood Pressure Monitor Market
27. Wearable Blood Pressure Monitor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wearable Blood Pressure Monitor Market
29. Wearable Blood Pressure Monitor Market Future Outlook and Potential Analysis
30. Appendix
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https://www.thebusinessresearchcompany.com/report/diabetes-care-devices-market
https://www.thebusinessresearchcompany.com/report/wearable-medical-devices-market
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