Ambulatory Blood Pressure Monitors Market to Surpass US$ 2,225.00 Million by 2027 - Coherent Market Insights

Global Ambulatory Blood Pressure Monitors Market, By Product Type (Wrist Monitors, and Arm Monitors), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$  1,135.64 million in 2018, and is expected to exhibit a CAGR of 7.9% over the forecast period (2019 - 2027). Increasing product launches, technological advancements by key players, and rising prevalence of cardiovascular diseases are expected to be major factors driving growth of the global ambulatory blood pressure monitors market over the forecast period. Various organizations are focusing on developing new solutions and launching new products in ambulatory blood pressure monitors. For instance, in July 2014, both companies announced development of the new SunTech Oscar 2 Ambulatory Blood Pressure Monitor (ABPM) with SphygmoCor technology inside. This device was designed to measure central aortic blood pressure in ambulatory settings. Moreover, this new product incorporated AtCor’s Gold Standard SphygmoCor technology into SunTech Medical’s Oscar 2 ABPM system, creating a patient-focused solution. Hypertension is caused by suboptimal behavioral factors such as excessive salt consumption, inadequate physical activity, and lack of adherence to antihypertensive medication that are common in the emerging economies.

High blood pressure often has no observatory symptoms and if left untreated for longer period of time  and can result in serious health conditions such as heart attack, chest pain (angina), heart failure and stroke. For instance, according to the American Stroke Association 2015, cardiovascular disorders is the leading cause of death globally, accounting for 17.3 million deaths annually, and this is expected to increase to 23.6 million by 2030. Rising hypertension related cardiovascular disorders are thereby driving demand for the ambulatory blood pressure monitoring devices that are useful to keep a consistent track of fluctuating blood pressure.

Browse 31 Market Data Tables and 26 Figures spread through 178 Pages and in-depth TOC on "Ambulatory Blood Pressure Monitors Market, By Product Type (Wrist Monitors, and Arm Monitors), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027"

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Furthermore, major players are focusing on different methods to offer devices with accurate and reliable data so as to expand their global market presence. For instance, Spacelabs Healthcare a company designs and manufactures acute care patient monitoring, diagnostic cardiology, and clinical networking solutions for use in hospitals, medical clinics, and physician offices offers a brand Ultralite ambulatory blood pressure monitor which is available in five different cuff sizes for extra comfort while ensuring accuracy in its device. The other features of Ultralite ambulatory blood pressure monitor include reduced air bag volume, conventional armband, and innovative prediction algorithms ensures hassle free operations by consumers.

Key Takeaways of the Ambulatory Blood Pressure Monitors Market:

• The global ambulatory blood pressure monitors market is expected to exhibit a CAGR of 7.9% over the forecast period (2019-2027), owing to increasing product launches, technological advancement, and increasing prevalence of cardiovascular diseases.
• Among product type, the wrist monitors segment is expected to hold major revenue share in 2027, owing to increasing product launches, which will facilitate increasing demand for blood pressure monitors for high blood pressure patients. For instance, in November 2015, iHealth Lab commercially launched a new version of its smartphone-connected blood pressure monitor that costs US$ 39.99. iHealth's two existing blood pressure monitoring options cost US$ 79.95 and US$ 99.95, respectively. The new device called iHealth Ease, uses a traditional upper-arm cuff and a docking cradle. It measures the user's blood pressure three times and then averages the results together to increase the accuracy of the reading.
• Major players operating in the global ambulatory blood pressure monitors market include OSI Systems Inc., SunTech Medical Inc., Andon Health Co. Ltd., Schiller AG, Omron Healthcare Co. Ltd., Beurer GmBH, Finapres Medical Systems B.V., Welch Allyn, Inc., and Koninklijke Philips N.V.