Market revenue in 2023 | USD 381.3 million |
Market revenue in 2030 | USD 721.2 million |
Growth rate | 9.5% (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 33.57% in 2023. Horizon Databook has segmented the Italy 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.
Italy was the first and one of the worse hit European nations by the COVID-19 pandemic. Factors such as shortage of hospital beds & other related medical infrastructure, high disease prevalence, and impact of the pandemic on the country’s economy & medical system are anticipated to drive the need for investments in proper home-based care models and remote patient monitoring solutions for effective management of the disease, boosting the market growth.
For instance, in 2020, the MEDIWARN project, an ERDF-funded project, developed biosensors that monitor patients’ vital signs, including body temperature, BP, heartbeat, and respiratory rate. The initiative was undertaken to aid healthcare professionals in remote monitoring of COVID-19 patients.
Moreover, according to Istituto Superiore di Sanità, overall 31.0% of people considered during the study were hypertensive, whereas 17.0% were on borderline. Such statistics indicate a high prevalence of the disease in the country, facilitating market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Italy blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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