Digital Blood Pressure Monitors Market Analysis Highlights the Impact of COVID-19 (2020–2024) | Increasing Incidence of Hypertension to Boost Market Growth | Technavio

Technavio has been monitoring the digital blood pressure monitors market and it is poised to grow by USD 1.54 billion during 2020–2024, progressing at a CAGR of about 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

• What was the size of the digital blood pressure monitors market in 2019?
  A. As per Technavio, the global market size was USD 2.55 bn in 2019.
• Which is the leading segment based on type in the market?
  A. Stand-alone.
• What is the key factor driving the market?
  A. Increasing incidence of hypertension.
• At what rate is the market projected to grow?
  A. The market is projected to grow at a CAGR of about 10%.
• Who are the top players in the market?
  A. A&D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, Hillrom, Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., and Smiths Medical Inc. are the top players in the market.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. A&D Co. Ltd., Care Touch, ERKA. Kallmeyer Medizintechnik GmbH & Co. KG, General Electric Co., Geratherm Medical AG, Hillrom, Koninklijke Philips NV, Microlife Corp., Omron Healthcare Inc., and Smiths Medical Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Increasing incidence of hypertension has been instrumental in driving the growth of the market. However, intense competition among vendors and counterfeit products might hamper market growth.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Digital Blood Pressure Monitors Market 2020–2024: Segmentation

Digital Blood Pressure Monitors Market is segmented as below:

• Type
• Geography
• Stand-alone
• Integrated
• North America
• APAC
• Europe
• MEA
• South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41645

Digital Blood Pressure Monitors Market 2020–2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The digital blood pressure monitors market report covers the following areas:

• Digital Blood Pressure Monitors Market Size
• Digital Blood Pressure Monitors Market Trends
• Digital Blood Pressure Monitors Market Industry Analysis

This study identifies the growing demand for ambulatory blood pressure monitoring systems as one of the prime reasons driving the digital blood pressure monitors market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.