Market Overview:
The global noninvasive blood pressure monitor market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of hypertension, rising geriatric population, and technological advancements in noninvasive blood pressure monitors. Based on type, the global noninvasive blood pressure monitor market is segmented into continuous and discontinuous monitors. The continuous monitors segment is expected to account for a larger share of the global market than the discontinuous monitors segment during the forecast period. This can be attributed to their ability to provide accurate readings for long periods of time without any interruption or need for manual calibration. Based on application, the global noninvasive blood pressure monitor market is divided into hospitals, clinics, and other applications such as home care settings and research institutes & laboratories. The hospitals segment is expected to account for a larger share of the overall market than other segments during the forecast period owing to increasing demand from patients suffering from various cardiovascular diseases (CVDs).
Product Definition:
A noninvasive blood pressure monitor is a medical device that measures blood pressure without using a needle to pierce the skin. This type of monitor is often used to measure blood pressure in people who are unable or unwilling to have a traditional blood pressure cuff inflated around their arm.
Continuous:
Continuous noninvasive blood pressure monitor (NIBPM) is a new term in the market and has been used for only 3 to 4 years. It is an advanced technology that continuously monitors blood pressure without the need for any invasive procedures or devices. The major advantage of this system over traditional methods is that it provides real-time monitoring, which gives accurate results as compared to invasive methods.
Discontinuous:
The global discontinuous and it's usage in the noninvasive blood pressure monitor market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing prevalence of cardiovascular diseases, which is attributed to sedentary lifestyle and unhealthy food habits. Moreover, growing geriatric population base coupled with rising awareness regarding home-based monitoring devices for continuous health assessment also serves as a high impact rendering driver for this industry.
Application Insights:
The other application segment includes home healthcare, ambulatory care facilities and emergency rooms. The market for other applications is anticipated to witness a CAGR of XX% over the forecast period owing to increasing awareness about the benefits of NIBPMs among patients and healthcare professionals. Furthermore, growing adoption of these devices by primary as well as secondary care physicians is expected to drive growth in this segment over the forecast period.
The hospital application segment accounted for more than half of the overall revenue share in 2017 due to high usage rates across various hospitals and health systems globally. Increasing prevalence of cardiovascular diseases, hypertension along with rising aging population are some factors contributing towards higher demand for NIBPMs in hospital settings worldwide.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high awareness levels regarding hypertension and its risk factors, and availability of advanced products are some of the key factors responsible for this dominance. In addition, increasing government initiatives to promote NIBPM usage is also expected to drive growth during the forecast period. For instance, as part of its ongoing efforts to encourage innovation in health care technologies across the U.S.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing target population base especially in India & China & Japan etc.
Growth Factors:
- Increasing prevalence of hypertension and other cardiovascular diseases: The increasing prevalence of hypertension and other cardiovascular diseases is one of the key growth drivers for the noninvasive blood pressure monitor market. According to a study by the World Health Organization (WHO), approximately 17% of adults aged 18 years and older were suffering from hypertension in 2015, which is expected to increase to 23% by 2025. This will create a high demand for noninvasive blood pressure monitors, thereby driving the market growth.
- Technological advancements: The technological advancements in noninvasive blood pressure monitors are another major factor driving the market growth. These devices are becoming increasingly sophisticated with features such as Bluetooth connectivity, automatic inflation and deflation, etc., which is making them more user-friendly and convenient to use. This is resulting in an increased adoption rate among consumers, thereby propelling the market growth further.
- Growing awareness about heart health: There has been a growing awareness about heart health in recent years due to increasing incidences of lifestyle-related diseases such as obesity and diabetes mellitus worldwide. This has led people to become more proactive about their health and look for ways to monitor their blood pressure levels regularly through devices like noninvasive blood pressure monitors .This is another major factor fuelling market growth currently..
Scope Of The Report
Report Attributes
Report Details
Report Title
Noninvasive Blood Pressure Monitor Market Research Report
By Type
Continuous, Discontinuous
By Application
Hospital, Clinic, Other
By Companies
A&D, Hill-Rom, SunTech Medical, Edwards Lifesciences Corporation, Spacelabs Healthcare, Schiller, Microlife, Vaso Corporation, Meditech, Riester, Mindray, Suzuken
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Noninvasive Blood Pressure Monitor Market Report Segments:
The global Noninvasive Blood Pressure Monitor market is segmented on the basis of:
Types
Continuous, Discontinuous
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- A&D
- Hill-Rom
- SunTech Medical
- Edwards Lifesciences Corporation
- Spacelabs Healthcare
- Schiller
- Microlife
- Vaso Corporation
- Meditech
- Riester
- Mindray
- Suzuken
Highlights of The Noninvasive Blood Pressure Monitor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Continuous
- Discontinuous
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Noninvasive Blood Pressure Monitor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A noninvasive blood pressure monitor is a device that uses sensors to measure the blood pressure without requiring a patient to remove any clothing or have any cuts made.
Some of the key players operating in the noninvasive blood pressure monitor market are A&D, Hill-Rom, SunTech Medical, Edwards Lifesciences Corporation, Spacelabs Healthcare, Schiller, Microlife, Vaso Corporation, Meditech, Riester, Mindray, Suzuken.
The noninvasive blood pressure monitor market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Noninvasive Blood Pressure Monitor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Noninvasive Blood Pressure Monitor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Noninvasive Blood Pressure Monitor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Noninvasive Blood Pressure Monitor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Noninvasive Blood Pressure Monitor Market Size & Forecast, 2020-2028 4.5.1 Noninvasive Blood Pressure Monitor Market Size and Y-o-Y Growth 4.5.2 Noninvasive Blood Pressure Monitor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Continuous
5.2.2 Discontinuous
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Noninvasive Blood Pressure Monitor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Noninvasive Blood Pressure Monitor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Continuous
9.6.2 Discontinuous
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Continuous
10.6.2 Discontinuous
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Continuous
11.6.2 Discontinuous
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Continuous
12.6.2 Discontinuous
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Continuous
13.6.2 Discontinuous
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Noninvasive Blood Pressure Monitor Market: Competitive Dashboard
14.2 Global Noninvasive Blood Pressure Monitor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A&D
14.3.2 Hill-Rom
14.3.3 SunTech Medical
14.3.4 Edwards Lifesciences Corporation
14.3.5 Spacelabs Healthcare
14.3.6 Schiller
14.3.7 Microlife
14.3.8 Vaso Corporation
14.3.9 Meditech
14.3.10 Riester
14.3.11 Mindray
14.3.12 Suzuken