Japan Blood Pressure Monitoring Devices Market Size & Outlook
Japan blood pressure monitoring devices market, 2018-2030 (US$M)
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Japan blood pressure monitoring devices market highlights
- The Japan blood pressure monitoring devices market generated a revenue of USD 255.0 million in 2023 and is expected to reach USD 505.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 10.3% 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 255.0 million |
| Market revenue in 2030 | USD 505.5 million |
| Growth rate | 10.3% (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, Japan accounted for 5.0% 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 Asia Pacific, South Korea blood pressure monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 197.3 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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Japan 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 Japan 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.
In Japan, nearly 43 million individuals were estimated to suffer from hypertension, while around 14 million were unaware that they had hypertension, in 2020. These factors are anticipated to increase emphasis on hypertension awareness and favor market growth.
In Japan, all residents are covered under the country’s universal health insurance policy. The plan covers ambulatory, extended care, prescription drugs, most dental care, and hospital care. For medical devices, the reimbursement plan is based on categories of medical devices.
Vital signs monitors can be classified as thermometers, which fall under class F devices & are not reimbursed and BP monitors & pulse oximeters may be classified as class A or B devices, which are needed immediately & are reimbursable.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Japan blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan blood pressure monitoring devices market size, by product, 2018-2030 (US$M)
Japan Blood Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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