Market revenue in 2023 | USD 110.0 million |
Market revenue in 2030 | USD 199.0 million |
Growth rate | 8.8% (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 33.55% in 2023. Horizon Databook has segmented the Spain 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 geriatric population is growing in Spain. According to Knoema, in 2022, the population aged more than 65 was about 20.3% of the total population. This population has been increasing since 1973 and has grown from 10.1% in 1973 to 20.3% in 2022, with an average growth of 1.43% annually.
Rise in geriatric population is anticipated to boost the demand for BP monitors, especially home-based BP monitors, boosting market demand. Furthermore, according to a study by Sociedad Española de Cardiología, in 2016, 42.6% of the adult population in Spain has hypertension.
The prevalence was higher in pre-diabetic patients at around 67.9% and in diabetic patients at 79.4%. Therefore, the high rate of hypertension in the Spanish population is expected to impel the demand for blood pressure monitoring devices in Spain.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Spain blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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