Market revenue in 2023 | USD 78.8 million |
Market revenue in 2030 | USD 122.2 million |
Growth rate | 6.5% (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 33.63% in 2023. Horizon Databook has segmented the South Africa 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.
South Africa is characterized by presence of funding issues, staff shortage, and poor infrastructure, especially in public healthcare organizations.
However, due presence of sophisticated private healthcare system, the country represents substantial market opportunities for high-tech, innovative, and cost-effective consumables (such as blood pressure cuffs) by foreign companies, as nearly 93% of medical equipment are imported.
According to the Southern African Hypertension Society, around 4 in 10 adults (aged 25 years & above) have hypertension, and around 50% of these individuals are unaware of their condition, which highlights the need for increasing awareness and improving diagnosis of hypertension in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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