Market revenue in 2023 | USD 83.9 million |
Market revenue in 2030 | USD 197.3 million |
Growth rate | 13% (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 |
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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 33.49% in 2023. Horizon Databook has segmented the India 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.
India was adversely affected due to COVID-19. According to Worldometer, a total of 44,682,895 cases of COVID-19 were registered in India as of February 2, 2023, out of which 44,150,372 people recovered.
In addition, according to NCBI, COVID-19 may lead to increase in diastolic & systolic BP, which can cause a new onset of hypertension. Thus, increase in the number of people who recovered from COVID-19 may lead to an increase in the incidence of hypertension, thereby increasing the usage of blood pressure monitoring devices.
Moreover, increase in the prevalence of stroke in India may impel the market growth. For instance, as per an article by The Tribune Trust, stroke affects around 1.8 million Indians each year, i.e., around one Indian suffers from a stroke every 40 seconds.
Horizon Databook provides a detailed overview of country-level data and insights on the India blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into India blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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