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The wearable blood pressure monitors market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 20%, as per The Business Research Company’s market report!

Read More On The Wearable Blood Pressure Monitors Market Report 2022 – https://www.thebusinessresearchcompany.com/report/wearable-blood-pressure-monitors-global-market-report

The Wearable Blood Pressure Monitors Market Size In 2022 And Forecast
The global wearable blood pressure monitors market grew from $1.2 billion in 2021 to $1.46 billion in 2022 at a compound annual growth rate (CAGR) of 21.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The wearable blood pressure monitors market is expected to grow to $3.11 billion in 2026 at a CAGR of 20.7%.

The wearable blood pressure monitors market consists of the sale of wearable blood pressure monitors and related services.

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Increase In Demand For Patient Monitoring Devices Is Driving The Growth Of The Wearable Blood Pressure Monitors Market
The increasing prevalence of chronic diseases coupled with the rise in surgeries that need continuous monitoring has mainly increased the demand for patient monitoring devices. Additionally, due to the growing awareness of a healthy lifestyle and fitness, individuals are interested in continuous monitoring of their health as it acts as a preventive measure while improving their health condition. The National Wearable Survey report by Valencell, a wearable technology company, states that two-thirds of customers owned a wearable device as they believe that it causes a positive impact on their health. Nearly 55% of the respondents are interested in monitoring their blood pressure with the help of wearable technologies. Therefore, increased demand for monitoring devices is expected to drive the wearable blood pressure market.

Competitive Landscape And The Regional Analysis Of The Wearable Blood Pressure Monitors Market
Major players in the wearable blood pressure monitors market are Blipcare, GE Healthcare, ForaCare Suisse, Omron, Xiaomi, Philips, Medieval, Qardio, Smiths Group, and Tarilian Laser Technologies.

Additionally, as per TBRC’s research – North America was the largest region in the wearable blood pressure monitors market in 2021 holding the largest market share.

The Wearable Blood Pressure Monitors Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wearable blood pressure monitors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the wearable blood pressure monitors market.

Studying Different Wearable Technologies – A Key Trend In The Wearable Blood Pressure Monitors Market
Most of the wearable blood pressure monitoring technologies are under either experimental or research and development stage. Companies and researchers are studying different wearable technologies that monitor blood pressure.

Wearable Blood Pressure Monitors Market Segmentation By The Business Research Company

1) By Product: Wrist Blood Pressure Monitor, Upper Arm Blood Pressure Monitor, Finger Blood Pressure Monitor

2) By Technology: Wi-Fi Based, Bluetooth Based

3) By Application: Hospital, Clinic, Home Care Settings, Other Applications

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