Market Overview:
The global smart sphygmomanometer 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 and other cardiovascular diseases, growing awareness about the benefits of using smart sphygmomanometers, and technological advancements in this field. The global smart sphygmomanometer market can be segmented on the basis of type into Bluetooth connection, WIFI connection, and others. The Bluetooth connection segment is expected to account for the largest share of the global market in 2018 owing to its low cost and easy connectivity. However, WIFI-enabled devices are gaining popularity due their high speed data transmission capabilities. On the basis of application, the global smart sphygmomanometer market can be divided into household use, medical use (hospitals/clinics), and others (research institutes/laboratories). The medical use segment is expected to account for a major share of the global market in 2018 as these devices are used for monitoring blood pressure levels in patients suffering from hypertension or other cardiovascular diseases.
Product Definition:
A smart sphygmomanometer is a blood pressure cuff that includes a sensor and transmitter to send data wirelessly to a receiver. This allows the device to calculate blood pressure and heart rate without the need for manual input. The importance of smart sphygmomanometers is that they can provide more accurate readings than traditional devices, which can be important for patients with hypertension or other conditions that require close monitoring of blood pressure.
Bluetooth Connection:
Bluetooth connection is a wireless technology for connecting two devices, which are far apart. It works on the 2.4 GHz frequency band and the range of this device varies from 10 meters to 10 kilometers depending upon environmental conditions such as walls, doors, and pillars etc., between the source & destination devices. The Bluetooth wireless technology helps in transferring data with short-range communication without using cables or wires; it uses radio waves instead.
WIFI Connection:
WIFI (Wireless Internet connection) is a technology that allows the transfer of information over radio or wireless networks. It provides an alternative to wired connections for data transmission. The WIFI connection and it's usage in smart sphygmomanometer market has been growing at a very fast pace since the past few years and is expected to grow even faster in near future due to increasing demand for wireless devices across the globe.
Application Insights:
The others application segment includes the industrial and other non-clinical applications. The household segment is expected to be the fastest growing at a CAGR of XX% over the forecast period owing to increasing demand for advanced healthcare equipment in developed countries including U.S., Canada, U.K., Germany, and France among others.
The medical application segment accounted for more than 50% of global market share in 2017 due to extensive usage in clinical settings including hospitals and clinics by professionals such as doctors, nurses, midwives among others who use it for measuring blood pressure on a regular basis during checkups or when required by patients respectively are suffering from high blood pressure or any other heart related diseases such as heart attack or stroke etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding hypertension, growing geriatric population, and technological advancements in healthcare facilities across U.S., Canada, and Mexico.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure with an aim towards consumer-centric services delivery; rising disposable income coupled with a large target population base that requires cost-effective & efficient medical products;.
Growth Factors:
- Increasing prevalence of hypertension and other cardiovascular diseases: The global prevalence of hypertension was estimated to be around 1.13 billion in 2015 and is projected to reach 1.56 billion by 2025, owing to the increasing aging population and rising obesity rates. This will result in an increased demand for smart sphygmomanometers, as they are essential for accurate blood pressure monitoring.
- Growing awareness about the importance of early diagnosis and treatment: There is a growing awareness among people about the importance of early diagnosis and treatment of hypertension and other cardiovascular diseases. This is driving demand for smart sphygmomanometers, as they help in accurate blood pressure monitoring, which is essential for timely diagnosis and treatment decisions.
- Technological advancements: Smart sphygmomanometer manufacturers are constantly innovating their products with new features such as Bluetooth connectivity, automatic inflation/deflation etc., to make them more user-friendly and increase their adoption rates among consumers worldwide .
- owing to the increasing incidence rate of chronic diseases such as hypertension, diabetes mellitus etc., across the world . This will lead to an increased demand for advanced medical devices such as smart sphygmomanometers, thereby providing growth opportunities for market players operating in this space . 5) Government initiatives supporting preventive healthcare: Governments across various countries are taking initiatives towards promoting preventive healthcare through programs
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Sphygmomanometer Market Research Report
By Type
Bluetooth Connection, WIFI Connection, Others
By Application
Household, Medical, Others
By Companies
iHealth, Qardio, Pangao, Nokia, Yuwell, Omron
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Smart Sphygmomanometer Market Report Segments:
The global Smart Sphygmomanometer market is segmented on the basis of:
Types
Bluetooth Connection, WIFI Connection, Others
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
Household, Medical, Others
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:
- iHealth
- Qardio
- Pangao
- Nokia
- Yuwell
- Omron
Highlights of The Smart Sphygmomanometer 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:
- Bluetooth Connection
- WIFI Connection
- Others
- By Application:
- Household
- Medical
- Others
- 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 Smart Sphygmomanometer 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 smart sphygmomanometer is a medical device that uses sensors to measure blood pressure. It typically has a display screen and buttons for adjusting the pressure, as well as an alarm to notify the user when their blood pressure reaches a preset level.
Some of the major players in the smart sphygmomanometer market are iHealth, Qardio, Pangao, Nokia, Yuwell, Omron.
The smart sphygmomanometer 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 Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Smart Sphygmomanometer 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 Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Size & Forecast, 2018-2028 4.5.1 Smart Sphygmomanometer Market Size and Y-o-Y Growth 4.5.2 Smart Sphygmomanometer Market Absolute $ Opportunity
Chapter 5 Global Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Size Forecast by Type
5.2.1 Bluetooth Connection
5.2.2 WIFI Connection
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Size Forecast by Applications
6.2.1 Household
6.2.2 Medical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Sphygmomanometer 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 Smart Sphygmomanometer 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 Smart Sphygmomanometer Analysis and Forecast
9.1 Introduction
9.2 North America Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Size Forecast by Type
9.6.1 Bluetooth Connection
9.6.2 WIFI Connection
9.6.3 Others
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 Smart Sphygmomanometer Market Size Forecast by Applications
9.10.1 Household
9.10.2 Medical
9.10.3 Others
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 Smart Sphygmomanometer Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Size Forecast by Type
10.6.1 Bluetooth Connection
10.6.2 WIFI Connection
10.6.3 Others
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 Smart Sphygmomanometer Market Size Forecast by Applications
10.10.1 Household
10.10.2 Medical
10.10.3 Others
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 Smart Sphygmomanometer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Size Forecast by Type
11.6.1 Bluetooth Connection
11.6.2 WIFI Connection
11.6.3 Others
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 Smart Sphygmomanometer Market Size Forecast by Applications
11.10.1 Household
11.10.2 Medical
11.10.3 Others
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 Smart Sphygmomanometer Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Sphygmomanometer 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 Smart Sphygmomanometer Market Size Forecast by Type
12.6.1 Bluetooth Connection
12.6.2 WIFI Connection
12.6.3 Others
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 Smart Sphygmomanometer Market Size Forecast by Applications
12.10.1 Household
12.10.2 Medical
12.10.3 Others
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) Smart Sphygmomanometer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Sphygmomanometer 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) Smart Sphygmomanometer Market Size Forecast by Type
13.6.1 Bluetooth Connection
13.6.2 WIFI Connection
13.6.3 Others
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) Smart Sphygmomanometer Market Size Forecast by Applications
13.10.1 Household
13.10.2 Medical
13.10.3 Others
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 Smart Sphygmomanometer Market: Competitive Dashboard
14.2 Global Smart Sphygmomanometer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 iHealth
14.3.2 Qardio
14.3.3 Pangao
14.3.4 Nokia
14.3.5 Yuwell
14.3.6 Omron