Asia Pacific Blood Pressure Monitoring Devices Market Size & Outlook
Asia Pacific blood pressure monitoring devices market, 2018-2030 (US$M)
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Asia Pacific blood pressure monitoring devices market highlights
- The Asia Pacific blood pressure monitoring devices market generated a revenue of USD 981.1 million in 2023.
- The market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, aneroid blood pressure monitors was the largest revenue generating product in 2023.
- Digital Blood Pressure Monitors is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 981.1 million |
| Market revenue in 2030 | USD 1,919.3 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Aneroid blood pressure monitors |
| Fastest growing segment | Digital Blood Pressure Monitors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aneroid Blood Pressure Monitors, Digital Blood Pressure Monitors, Ambulatory Blood Pressure Monitors, Blood Pressure Transducers, Instrument & Accessories |
| Key market players worldwide | OMRON Corp, A&D Medical, SunTech Medical, American Diagnostic Sciences, Nokia Oyj, Briggs Healthcare Corp., GE HealthCare Technologies Inc Common Stock, Microlife Corp, Procter & Gamble Co, Spacelabs Healthcare, Koninklijke Philips NV, Hill-Rom, B. Braun, CONTEC, Kaz, Inc., Rossmax International, Biobeat |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.1% of the global blood pressure monitoring devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,919.3 million by 2030.
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Blood Pressure Monitoring Devices Market Scope
Blood Pressure Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific blood pressure monitoring devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood pressure monitoring devices market will help companies and investors design strategic landscapes.
Aneroid blood pressure monitors was the largest segment with a revenue share of 33.57% in 2023. Horizon Databook has segmented the Asia Pacific blood pressure monitoring devices market based on aneroid blood pressure monitors, digital blood pressure monitors, ambulatory blood pressure monitors, blood pressure transducers, instrument & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to witness exponential growth over the forecast period. Major factors boosting growth are favorable government initiatives supporting adoption of advanced medical devices, growing geriatric population, and increasing healthcare expenditure.
The demand for devices is expected to increase owing to growing need for reducing healthcare costs. China is a leading producer of low-cost electronic chips and products, which is expected to attract investors in the country as well as other Asian countries.
Ease of doing business in the Asia Pacific region is high due to low manufacturing cost and easy availability of labor. This important factor is expected to aid regional market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific blood pressure monitoring devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific blood pressure monitoring devices market size, by country, 2018-2030 (US$M)
Asia Pacific Blood Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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