Market revenue in 2023 | USD 490.3 million |
Market revenue in 2030 | USD 847.3 million |
Growth rate | 8.1% (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 |
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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 34.51% in 2023. Horizon Databook has segmented the Latin America 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.
The Latin American BP monitoring devices market mainly includes Brazil and Mexico. The market in Latin America is expected to witness steady growth during the forecast period, owing to rising number of people living with chronic diseases and cardiac disorders.
Furthermore, the proportion of aging population is growing in Latin America, due to increase in the average life expectancy and demographic changes. The aging population in Latin America is expected to reach 18.5% by 2050.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America blood pressure monitoring devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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