Market Overview:
The global wireless blood pressure monitors 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 wireless blood pressure monitors. Based on type, the global wireless blood pressure monitors market is segmented into Wi-Fi blood pressure monitors and Bluetooth blood pressure monitors. Wi-Fi Blood Pressure Monitors are further sub-segmented into standalone devices and integrated devices. Standalone devices are those that do not require any other device for functioning while integrated devices are those that need another device for proper functioning such as smartphones or tablets etc. Bluetooth Blood Pressure Monitors are further sub-segmented into wristband type and upper arm type monitorings systems. Wristband type monitoring systems are those that attach around the wrist like a watch whereas upper arm type monitoring systems have a cuff that wraps around the upper arm to measure systolic and diastolic pressures accurately . In terms of application, the global wireless blood pressure monitors market is segmented into hospital use, clinic use, home care use, and others (including research institutes). The home care use segment is expected to grow at highest CAGR during forecast period owing to increase in demand for portable medical equipment’s which can be used by patients at home with ease .
Product Definition:
Wireless Blood Pressure Monitors are devices that measure a person's blood pressure without the need for tubes or wires. They are often used to monitor blood pressure during exercise or other activities, as they allow people to move around freely. Wireless Blood Pressure Monitors can be important for people with high blood pressure, as they allow doctors to track and adjust medication dosage in real-time.
Wi-Fi Blood Pressure Monitors:
Wi-Fi blood pressure monitors is a new term in the industry of medical devices. It's an innovative way to track and monitor blood pressure at home without any hassle of wires. The device works on the wireless technology, hence there is no need for any plugging or unplugging of cables while taking measurements.
Bluetooth Blood Pressure Monitors:
Bluetooth blood pressure monitors are wearable devices that allow users to monitor their blood pressure at any place and anytime. It is a wireless device which helps in connecting with the device via Bluetooth and downloading the data from it. The normal arm’s blood pressure readings can be easily obtained by using these devices, which are user friendly as well as cost effective.
Application Insights:
The industry can be segmented based on the application into hospital, clinic and home. The hospital segment dominated the market in 2017 owing to increasing cases of cardiovascular diseases and rising awareness about wireless BP monitors. According to a study published in NCBI, it is estimated that around 1 out of every 3 deaths occur due to CVDs globally. Thus, an increase in the number of patients suffering from high blood pressure at a given location would lead to higher demand for wireless BP monitors at hospitals thereby driving growth during the forecast period.
The home segment is expected register significant growth over the forecast period owing to growing awareness among consumers regarding their health conditions.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, such as Hewlett Packard Enterprise (HPE), and Medtronic; increasing adoption of advanced technologies, such as wireless technology and smartphone connectivity; high demand for home healthcare services; rising geriatric population prone to chronic diseases requiring continuous monitoring; and supportive government initiatives. Moreover, growing awareness about BP monitors among patients is expected to fuel the regional market growth over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure with an increase in investments by governments & private agencies coupled with favorable regulatory reforms aimed at promoting medical device manufacturing within countries like China & India are anticipated boost industry development opportunities for global players operating within this region.
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 wireless blood pressure monitors market. According to a study by the World Health Organization (WHO), approximately 17% of adults aged 18 years and older suffered from hypertension in 2015, which is expected to increase to 23% by 2025. This will create a high demand for wireless blood pressure monitors, thereby driving the market growth.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the demand for wireless blood pressure monitors in the coming years. As people age, their risk of developing various health conditions such as hypertension increases significantly. Thus, there is an increasing need for accurate diagnosis and treatment methods for elderly patients, which can be fulfilled by wireless blood pressure monitors.
- Technological advancements: Wireless technology has revolutionized how people interact with devices around them and this trend is being followed in healthcare as well with advent of portable medical devices such as wireless blood pressure monitors that offer ease-of-use along with accuracy levels comparable to those offered by traditional wired devices . This technological advancement will fuel market growth over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Blood Pressure Monitors Market Research Report
By Type
Wi-Fi Blood Pressure Monitors, Bluetooth Blood Pressure Monitors
By Application
Hospital, Clinic, Home
By Companies
Withings, iHealth, Qardio, OMRON Healthcare, Apple, Pyle Audio, Xiaomi, Panasonic, GE Healthcare, Philips, Withings, Veridian Healthcare, Smart Health, Littmann, Telcomed
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 Wireless Blood Pressure Monitors Market Report Segments:
The global Wireless Blood Pressure Monitors market is segmented on the basis of:
Types
Wi-Fi Blood Pressure Monitors, Bluetooth Blood Pressure Monitors
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, Home
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:
- Withings
- iHealth
- Qardio
- OMRON Healthcare
- Apple
- Pyle Audio
- Xiaomi
- Panasonic
- GE Healthcare
- Philips
- Withings
- Veridian Healthcare
- Smart Health
- Littmann
- Telcomed
Highlights of The Wireless Blood Pressure Monitors 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:
- Wi-Fi Blood Pressure Monitors
- Bluetooth Blood Pressure Monitors
- By Application:
- Hospital
- Clinic
- Home
- 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 Wireless Blood Pressure Monitors 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?
Wireless blood pressure monitors are devices that measure the blood pressure using radio waves. They are usually worn on the arm and can be used to monitor your blood pressure at any time.
Some of the major players in the wireless blood pressure monitors market are Withings, iHealth, Qardio, OMRON Healthcare, Apple, Pyle Audio, Xiaomi, Panasonic, GE Healthcare, Philips, Withings, Veridian Healthcare, Smart Health, Littmann, Telcomed.
The wireless blood pressure monitors 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 Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Size & Forecast, 2018-2028
4.5.1 Wireless Blood Pressure Monitors Market Size and Y-o-Y Growth
4.5.2 Wireless Blood Pressure Monitors Market Absolute $ Opportunity
Chapter 5 Global Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Size Forecast by Type
5.2.1 Wi-Fi Blood Pressure Monitors
5.2.2 Bluetooth Blood Pressure Monitors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Analysis and Forecast
9.1 Introduction
9.2 North America Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Size Forecast by Type
9.6.1 Wi-Fi Blood Pressure Monitors
9.6.2 Bluetooth Blood Pressure Monitors
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 Wireless Blood Pressure Monitors Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Home
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 Wireless Blood Pressure Monitors Analysis and Forecast
10.1 Introduction
10.2 Europe Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Size Forecast by Type
10.6.1 Wi-Fi Blood Pressure Monitors
10.6.2 Bluetooth Blood Pressure Monitors
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 Wireless Blood Pressure Monitors Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Home
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 Wireless Blood Pressure Monitors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Size Forecast by Type
11.6.1 Wi-Fi Blood Pressure Monitors
11.6.2 Bluetooth Blood Pressure Monitors
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 Wireless Blood Pressure Monitors Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Home
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 Wireless Blood Pressure Monitors Analysis and Forecast
12.1 Introduction
12.2 Latin America Wireless Blood Pressure Monitors 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 Wireless Blood Pressure Monitors Market Size Forecast by Type
12.6.1 Wi-Fi Blood Pressure Monitors
12.6.2 Bluetooth Blood Pressure Monitors
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 Wireless Blood Pressure Monitors Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Home
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) Wireless Blood Pressure Monitors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wireless Blood Pressure Monitors 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) Wireless Blood Pressure Monitors Market Size Forecast by Type
13.6.1 Wi-Fi Blood Pressure Monitors
13.6.2 Bluetooth Blood Pressure Monitors
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) Wireless Blood Pressure Monitors Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Home
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 Wireless Blood Pressure Monitors Market: Competitive Dashboard
14.2 Global Wireless Blood Pressure Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Withings
14.3.2 iHealth
14.3.3 Qardio
14.3.4 OMRON Healthcare
14.3.5 Apple
14.3.6 Pyle Audio
14.3.7 Xiaomi
14.3.8 Panasonic
14.3.9 GE Healthcare
14.3.10 Philips
14.3.11 Withings
14.3.12 Veridian Healthcare
14.3.13 Smart Health
14.3.14 Littmann
14.3.15 Telcomed
