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Global Blood Pressure Monitoring Devices Market Size to grow by US$ 4.88 Billion in 2030

The blood pressure monitoring devices market is projected to reach US$ 4.88 billion by 2030, at a CAGR of 5.7%. The demand for blood pressure monitoring devices due to the rising incidence of chronic diseases and the fast ageing of the worldwide population. Additionally, it is anticipated that the spike in healthcare spending in emerging nations and the strong demand for proactive monitoring would open new potential for market competitors. Blood pressure monitoring is essential to assess the severity of a patient's condition since high blood pressure is a significant risk factor for several illnesses, including heart attack, stroke, and kidney failure. The rise in the prevalence of lifestyle disorders like diabetes and obesity, as well as the risk of high blood pressure in the ageing population, have all contributed to the increased use of these devices.


Blood Pressure Monitoring Devices Market

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The market for single-use blood pressure transducers is growing quickly. These transducers are employed to transmit data from a catheter used for blood pressure monitoring to a patient's monitoring system. The need for disposable blood pressure transducers may rise because of advantages including strong structural integrity, air-ingress safety, and high reliability.


The adoption rate of wearable diagnostic medical equipment has also increased because of technological developments. Due to their tiny size and advanced technology, wrist-type blood pressure monitors are simple and convenient equipment for measuring blood pressure. Manufacturers of blood pressure monitors place a strong emphasis on developing innovative technologies and creating small, portable gadgets. The market for tiny and practical devices is driven by an increase in consumers of automatic blood pressure monitors and the trend of self-monitoring.


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Several countries have started several programmes to lower blood pressure and prevent heart attacks. A public health hypertension management programmes is being implemented in December 2020 and scaled out across India as part of the India Hypertension Control Initiative (IHCI), a multi-partner initiative. According to the CDC, hypertension affects one in three adult Americans, making it the second most important risk factor for disability and early mortality. Although medication and lifestyle modifications are cost-efficient and successful, the overall rate of blood pressure control is still insufficient.


Due to the associated advantages, such as ease of handling and wireless patient information transmission, mobiles and wearable & portable gadgets are currently gaining popularity. New technologies, such as mHealth, that enhance patient compliance with medicine and therapy in the management of chronic diseases are expected to drive market expansion. It assists in keeping track of the patient's medication schedule, health information, and therapy follow-up.


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North America is dominating the market growth of the global blood pressure monitoring devices market owing to the prevalence of hypertension, rising patient awareness, and the availability of advanced healthcare facilities in North American nations. The healthcare system is well developed and regulated in the region. Rising investments in the creation of precise and efficient devices are anticipated to support regional market expansion in the forecast period. Furthermore, the market for smart blood pressure monitoring devices is anticipated to rise because of new product releases and technological developments.


KEY INDUSTRY DEVELOPMENTS:


January 2021- Omron Healthcare unveiled its first remote patient monitoring service along with new digital health technologies to improve patient-physician interaction and enable more proactive hypertension control.


Read More Details On This Report: https://www.extrapolate.com/Healthcare-Medical-Devices-Biotechnology/blood-pressure-monitoring-devices-market/26055

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