Blood Pressure Monitoring Testing Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028

Report Overview:

Blood pressure monitoring testing is an important tool for healthcare providers that is used to monitor patients' health. It is a non-invasive procedure that measures the pressure of the arteries in the body using an automated device known as a sphygmomanometer. The pressure reflects the functioning of the heart, and its work is to pump blood throughout the body. A sphygmomanometer comprises an inflatable cuff, a rubber tube, and a pressure gauge. The cuff is placed around the arm and inflated until it is tight enough to prevent blood flow, and the pressure gauge attached to the cuff reads the arteries' pressure. Since high blood pressure is known to cause damage to the heart, brain, and other major organs, leading to stroke, heart attack, and other severe health conditions, while low blood pressure causes dizziness, fatigue, and other symptoms, this is providing a boost to the uptake of blood pressure monitoring testing devices across the healthcare setting.

The escalating demand for efficient blood pressure monitoring testing majorly drives the global market. This can be supported by the rising prevalence of hypertension, leading to cardiovascular disorders, kidney failures, and heart strokes. Coupled with this, the growing awareness regarding the adverse effects of hypertension among the masses is encouraging the adoption of blood pressure monitoring testing devices, which is a major driving factor. With the emergence of wearable technology and mobile apps for tracking health data, there has been an increasing demand for self-monitoring of blood pressure that allows users to check their pressure and consult a doctor as soon as any peculiarity is witnessed, thus acting as another major growth-inducing factor. Apart from this, the growing geriatric population across the globe is providing thrust to the market as the elderly are more prone to comorbidities. Moreover, numerous manufacturers are introducing variants of these monitors that provide multi-user interfaces for better diagnosis and management of their hypertension, thereby creating a positive market outlook. Along with this, various governments across the world are heavily investing in upgrading the overall healthcare infrastructure, which is further driving the growth of the market.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the blood pressure monitoring testing market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenarios from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints, and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the blood pressure monitoring testing market in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each of these regions, the report studies the blood pressure monitoring testing market in detail for the latest trends, outlooks,s, and opportunities.

The report analyses the competitive structure of the blood pressure monitoring testing industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the blood pressure monitoring testing industry along with the parameters of Porter’s Five Forces model. This model examines the degree of competition in the blood pressure monitoring testing industry by analyzing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the blood pressure monitoring testing industry. Furthermore, the value chain analysis of the blood pressure monitoring testing industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.

Key Segments and Highlights of the Global Blood Pressure Monitoring Testing Market

  • Historical and current scenario
  • Trends and developments
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis
  • Market Breakup by Type
  • Market Breakup by End-Use
  • Market Breakup by Region
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East & Africa
  • Key players         

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the Blood Pressure Monitoring Testing industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.

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