Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Market to Reach $29 Million by 2029
The global ambulatory blood pressure monitoring (ABPM) devices market is expected to reach $29 million by 2029, growing at a CAGR of 13.2% from 2022 to 2029. This growth is attributed to the increasing prevalence of hypertension, the rising demand for non-invasive blood pressure monitoring methods, and the growing awareness of the benefits of ABPM.
Report Scope:
The report provides a comprehensive analysis of the global ABPM devices market, including market size, growth rate, segmentation, and key players. It also covers the market drivers and restraints, as well as regional insights.
Research Methodology:
The report is based on a combination of primary and secondary research. Primary research includes interviews with industry experts and market participants. Secondary research includes analysis of published reports, industry data, and government statistics.
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Drivers:
- Increasing prevalence of hypertension: The number of people with hypertension is increasing worldwide, due to factors such as aging, obesity, and unhealthy lifestyles.
- Rising demand for non-invasive blood pressure monitoring methods: Traditional blood pressure monitoring methods, such as manual sphygmomanometers, can be uncomfortable and inconvenient. ABPM devices are a non-invasive alternative that provides more accurate blood pressure readings.
- Growing awareness of the benefits of ABPM: ABPM provides a more accurate picture of a person’s blood pressure than traditional methods, as it measures blood pressure over a 24-hour period. This can help to diagnose hypertension and other blood pressure disorders.
Segmentaions:
Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Market, By Product:
• Arm ABPM Patient Monitors
• Wrist ABPM Patient Monitors
Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Market, By End User:
• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Other
Others
Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Market, By Region:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Restraints:
- High cost of ABPM devices: ABPM devices are more expensive than traditional blood pressure monitoring methods. This may limit their adoption in some markets.
- Lack of awareness of ABPM: Some people may not be aware of the benefits of ABPM. This may limit their demand for these devices.
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Regional Insights:
North America is the largest market for ABPM devices, followed by Europe and Asia Pacific. The market in North America is driven by the high prevalence of hypertension and the increasing adoption of non-invasive blood pressure monitoring methods. The market in Europe is expected to grow at a CAGR of 12.5% from 2022 to 2029, due to the rising demand for ABPM devices in the region. The market in Asia Pacific is expected to grow at the fastest CAGR of 14.2% from 2022 to 2029, due to the increasing prevalence of hypertension and the growing awareness of the benefits of ABPM.
Key Players:
The key players in the global ABPM devices market include:
- Spacelabs Healthcare Inc.
- Bosch & Sohn GmbH & Co. KG
- SunTech Medical
- Schiller AG
- Welch Allyn Inc.
- DAIFUKU Co., Ltd.
- Omron Healthcare Co., Ltd.
- A&D Company, Ltd.
- Meditech Instruments Ltd.
- HMD Healthcare
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About the Report:
The report “Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Market” provides a comprehensive analysis of the global ABPM devices market, including market size, growth rate, segmentation, and key players. It also covers the market drivers and restraints, as well as regional insights. The report is a valuable resource for anyone interested in the ABPM devices market, including industry participants, investors, and researchers.
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