Market revenue in 2023 | USD 14.2 million |
Market revenue in 2030 | USD 25.9 million |
Growth rate | 9% (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 33.8% in 2023. Horizon Databook has segmented the Thailand 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.
Rapidly aging population, along with increase in the number of people suffering from various chronic disorders such as hypertension, chronic kidney disease, and COVID-19, is expected to propel the market growth.
For instance, according to an article by ERIA, Thailand is one of the fastest-aging nations globally. This proportion is estimated to grow from 13.0% in 2010 to around 33.0% in 2040. With rising geriatric population, the number of people suffering from hypertension is expected to grow, which is expected to increase the usage of blood pressure monitoring devices.
Furthermore, according to Kidney360, in Thailand, around 11.6 million people, i.e., 17.5% of the total population, suffer from CKD. The interaction between chronic kidney disease and hypertension may lead to an adverse cardiovascular event.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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