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| Market size in 2024 | US$ 562.8 million |
Forecast Market size by 2030 | US$ 712.5 million |
|---|---|---|---|
| Growth Rate | CAGR of 4.0% | Number of Pages | 156 Pages |
The global Wired Blood Pressure Monitor market size was valued at US$ 562.8 million in 2024 and is projected to reach US$ 712.5 million by 2030, at a CAGR of 4.0% during the forecast period 2024-2030.
The United States Wired Blood Pressure Monitor market size was valued at US$ 156.3 million in 2024 and is projected to reach US$ 189.7 million by 2030, at a CAGR of 3.3% during the forecast period 2024-2030.
Wired Blood Pressure Monitors are medical devices that measure blood pressure through a cuff connected by wire to a display unit, typically used in clinical settings or for home monitoring of hypertension and cardiovascular health.
The global Wired Blood Pressure Monitor market is growing steadily, driven by the increasing prevalence of hypertension, growing awareness of cardiovascular health, and the reliability of wired devices in clinical settings. In 2023, global shipments of wired blood pressure monitors reached approximately 12.5 million units, with North America and Europe accounting for 55% of demand. The healthcare facilities sector remains the largest consumer, representing 60% of demand, followed by home healthcare at 35%. The market benefited from the aging population and rising incidence of lifestyle-related diseases, leading to a 10% increase in hypertension diagnoses in 2023. Technological advancements have focused on improving accuracy, user-friendliness, and data management capabilities, with new models offering features like irregular heartbeat detection, multi-user memory, and PC connectivity for trend analysis. The market is seeing growth in professional-grade wired monitors for telemedicine applications, increasing at 6% annually, driven by the expansion of remote patient monitoring services. In 2023, updated hypertension guidelines in several countries led to a 15% increase in blood pressure monitoring recommendations, boosting device demand.
The industry faces challenges from the rising popularity of wireless and smart blood pressure monitors, but the lower cost, reliability, and established protocols for wired devices in clinical settings continue to sustain demand. Emerging applications in continuous non-invasive blood pressure monitoring are showing promise, with specialized wired systems for critical care settings growing at 8% CAGR, albeit from a small base of 4% market share. Looking ahead, the market is expected to benefit from innovations in cuff design and pressure sensor technology, with next-generation wired monitors offering enhanced comfort and accuracy projected to grow at 5% CAGR through 2030.
Report Overview
This report provides a deep insight into the global Wired Blood Pressure Monitor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Wired Blood Pressure Monitor Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Wired Blood Pressure Monitor market in any manner.
Global Wired Blood Pressure Monitor Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Market Segmentation (by Type)
Market Segmentation (by Application)
Geographic Segmentation
Key Benefits of This Market Research:
Overview of the regional outlook of the Wired Blood Pressure Monitor Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Wired Blood Pressure Monitor Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 562.8 million |
| Forecast Market size by 2030 | US$ 712.5 million |
| Growth Rate | CAGR of 4.0% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 156 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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