Market revenue in 2023 | USD 161.5 million |
Market revenue in 2030 | USD 272.3 million |
Growth rate | 7.7% (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 30.71% in 2023. Horizon Databook has segmented the Mexico 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.
According to Mexican government data, Mexico was one of the top eight producers of medical devices in the world, with exports accounting to over USD 13.2 billion in 2018, which highlights the market’s potential.
According to a poll conducted by the Workforce Institute, Mexico topped global market in terms of consumer adoption and acceptance of digital monitoring devices. Healthcare reforms, rising demand for home care, and increasing burden of conditions, such as diabetes & cardiovascular disorders, are expected to drive the market.
According to a recent report by Organization for Economic Co-operation and Development (OECD), Mexico is focused on strengthening its primary care and monitoring services, to reduce hospital admissions. These factors are anticipated to contribute to adoption of digital BP monitoring products, especially home based.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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