Brazil Blood Pressure Monitoring Devices Market Size & Outlook
Brazil blood pressure monitoring devices market, 2018-2030 (US$M)
Related Markets
Brazil blood pressure monitoring devices market highlights
- The Brazil blood pressure monitoring devices market generated a revenue of USD 226.7 million in 2023 and is expected to reach USD 403.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.6% 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.
Blood pressure monitoring devices market data book summary
| Market revenue in 2023 | USD 226.7 million |
| Market revenue in 2030 | USD 403.8 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Aneroid blood pressure monitors |
| Fastest growing segment | Digital Blood Pressure Monitors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 4.4% of the global blood pressure monitoring devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil blood pressure monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 403.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Blood Pressure Monitoring Devices Market Scope
Blood Pressure Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 Brazil 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.
Due to the growing presence of manufacturers within the country, cost for components has reduced, leading to in-house manufacturing of affordable and technologically updated devices. Wrist-worn products are predicted to hold majority share due to introduction of smart watches capable of monitoring multiple parameters.
These factors are anticipated to fuel market growth. According to World Bank Group, people aged 65 & above accounted for nearly 8.6% of the total population in 2017 and 9.2% in 2019. Rise in geriatric population and higher incidence of fall among this demographic have led to increased demand for home care devices, driving need for home BP monitoring devices as well.
In 2017, Halma acquired Cardios, a Brazil-based manufacturer of ambulatory blood pressure monitors, expanding the company’s geographic footprint and increasing competitive rivalry in the country.
Reasons to subscribe to Brazil blood pressure monitoring devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Brazil blood pressure monitoring devices market databook
-
Our clientele includes a mix of blood pressure monitoring devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil blood pressure monitoring devices market size, by product, 2018-2030 (US$M)
Brazil Blood Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
