Medical Gloves Market Size, Share, and Industry Analysis By Material (Latex and Synthetic), By Technology (Powdered and Powder-free), By Usability (Disposable and Reusable), By Application (Surgical and Examination), By End-user (Hospitals and Clinics, Diagnostic/Pathology Labs, Dental Clinics & Others), and Regional Forecast, 2021-2028-2032

• 

   Request a Free Sample To Get More Information on this Market

BLOOD PRESSURE MONITORING AND MEASUREMENT INSTRUMENTS MARKET REPORT OVERVIEW

The global blood pressure monitoring and measurement instruments market size was USD 1.67 billion in 2023 and the market is projected to touch USD 3.25 billion by 2032 at a CAGR of 7.7% during the forecast period.

A blood pressure monitoring and measurement instrument is a type of medical device that measures and monitors the force of blood against the walls of arteries as the heart pumps it around the body. Accurate blood pressure measurement is crucial for diagnosing and managing conditions such as hypertension (high blood pressure) or hypotension (low blood pressure).

The market for blood pressure monitoring and measurement instruments is projected to expand significantly over this forecast with rising demand for blood pressure monitor and measurement devices around the world. The market has gained a higher demand for blood pressure monitors in the past few years due to the increasing prevalence of hypertension, a rising aging population, and continuous technological advancements. Key industry players are introducing advanced and portable devices that attract customers including home healthcare besides traditional healthcare settings.

Additionally, the availability of automated and portable BP monitors has also gained popularity specifically for home-based healthcare. These automated BP monitors provide convenience in tracking patients’ blood pressure regularly without the need for frequent visits to healthcare facilities. This feature has escalated the demand for automated BP monitors. As well as growing incidence of cardiovascular disease is another important aspect to boost the demand for the devices.

COVID-19 Impact:Pandemic Escalated the Demand for BP Monitoring Device

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels. The market witnessed a slight hike in the demand for BP monitors during this unexpected health crisis. Along with oxy meters, there was a surge in the demand for BP monitors due to a rise in the cases of hypertension. Consequently, the market experienced a spur in demand and revenue during the pandemic. While the industry may eventually recover as the situation improves, the immediate impact of COVID-19 was predominantly negative for the global market.

LATEST TRENDS

"Trend of Wearable Health Devices Augment Market Scope"

The trend of developing wearable devices for continuous blood pressure monitoring reflects a shift in the healthcare industry towards more personalized and real-time health management. Wearable blood pressure monitors are designed to be worn comfortably on the wrist or upper arm which provide users with continuous, on-the-go monitoring throughout their daily activities. Manufacturers are producing advanced AI-integrated devices that enable individuals to gather a more comprehensive and dynamic picture of their blood pressure, capturing variations that may occur during exercise, stress, or other daily routines.

BLOOD PRESSURE MONITORING AND MEASUREMENT INSTRUMENTS MARKETSEGMENTATION

By Type

Based on type the global market can be categorized into Sphygmomanometers, Ambulatory and Automated BP Monitors, and Blood Pressure Transducers.

Sphygmomanometer: This is a traditional and commonly used device for measuring blood pressure. It consists of an inflatable cuff to collapse and then release the artery under the cuff in a controlled manner, and a mercury or aneroid manometer to measure the pressure.

Ambulatory Blood Pressure Monitors: These are portable devices that patients wear for an extended period, typically 24 hours, to monitor blood pressure continuously throughout the day and night. They provide a more comprehensive picture of blood pressure variations.

Blood Pressure Transducers:Blood pressure transducers are sophisticated devices that convert blood pressure signals into electronic or digital readings. They are commonly used in clinical settings and are part of invasive blood pressure monitoring systems.

By Application

Based on application the global market can be categorized into Hospitals, Ambulatory Surgical Centers, Clinics, Homecare Settings, and Others.

This application segment includes hospitals, ambulatory surgical centers, clinics, and homecare settings, with each setting having unique requirements and preferences for blood pressure monitoring instruments. The versatility of these instruments allows for widespread use across various healthcare contexts, contributing to the overall growth and diversity of the global market.

DRIVING FACTORS

"Growing Prevalence of Hypertension and Cardiovascular Diseases Boost the Market Demand"

The rising incidence of hypertension and cardiovascular diseases globally is a major driver for theblood pressure monitoring and measurement instruments market growth. As these conditions become more prevalent, the demand for accurate and efficient blood pressure monitoring devices increases among key application sectors. As well as elderly individuals often require regular blood pressure monitoring due to a higher risk of cardiovascular issues. Thus, the expanding world's aging population is another factor to contribute significantly to the demand for blood pressure measurement instruments.

"Advancements in Technology Propel Market Growth"

Apart from this, ongoing advancements in technology, including the development of more sophisticated and user-friendly blood pressure monitoring devices are also anticipated to boost market growth. Key companies in the market are introducing innovative devices such as wearable devices, smartphone apps, and wireless connectivity that enhance the convenience and accessibility of the monitoring experience.

RESTRAINING FACTOR

"High Cost of Advanced Devices Can Curb Market Potential"

Despite the market progress, the potential market growth can be constrained by the high cost of the devices. Advanced and technologically sophisticated blood pressure monitoring devices can be expensive. As a result, this restraining factor may limit the adoption of the instruments, particularly in regions with constrained healthcare budgets.

• 

   Request a Free Sample To Get Analysis on Major Geographic Market

BLOOD PRESSURE MONITORING AND MEASUREMENT INSTRUMENTS MARKETREGIONAL INSIGHTS

"North America is Likely to Dominate the Market with the High Prevalence of Cardiovascular Diseases"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, Middle East, and Africa.

North America is projected to be a prominent market for BP monitor instruments due to the high prevalence rate of hypertension and cardiovascular diseases in the region. North America accounts for the largestblood pressure monitoring and measurement instruments market sharesglobally. This can be attributed to the region well well-established advanced healthcare industry, increased awareness of hypertension and its treatment, strong research and development (R&D) activities, and government initiatives. Furthermore, the existing key companies in North America also play a critical role in the region’s dominance.

KEY INDUSTRY PLAYERS

"Key Players Driving Innovation and Growth in the Market Through Investment in Research and Development"

Key industry players stimulate market growth through continuous innovation in device technology, introducing user-friendly and portable monitoring solutions. Their strategic investments in research and development lead to the creation of advanced devices, including wearable monitors and telehealth-compatible instruments. Additionally, notable companies often engage in partnerships with healthcare providers that contribute to awareness campaigns and expand their global distribution networks. By staying at the forefront of technological advancements, fostering collaborations, and addressing evolving healthcare needs, these key players play a pivotal role in driving the growth of the blood pressure monitoring market.

LIST OF TOP BLOOD PRESSURE MONITORING AND MEASUREMENT INSTRUMENTS COMPANIES

• A&D Medical (USA)
• American Diagnostic Corp. (USA)
• Beurer GmbH (Germany)
• Bokang Instruments Co., Ltd. (China)
• Briggs Healthcare (USA)
• Draegerwerk AG & Co. KGaA (Germany)
• GE Healthcare Ltd. (UK)
• GF Health Products, Inc. (USA)

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.