The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s sphygmomanometer market report forecasts the sphygmomanometer market size to grow to $3.97 billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

Learn More On The Sphygmomanometer Market Report 2023 – https://www.thebusinessresearchcompany.com/report/sphygmomanometer-global-market-report

Sphygmomanometer Market Size Forecast
The global sphygmomanometer market size is expected to grow from $2.58 billion in 2022 to $2.80 billion in 2023 at a compound annual growth rate (CAGR) of 8.76%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sphygmomanometer market size is expected to reach $3.97 billion in 2027 at a CAGR of 9.10%.

North America held the largest sphygmomanometer market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Sphygmomanometer Market Driver ­– Increase In The Prevalence Of Chronic Illnesses
According to the magazine of the American College of Cardiology (JACC), a US-based peer-reviewed medical magazine published by the American College of Cardiology, ischemic heart disease was responsible for 9.44 million cardiovascular deaths in 2021 in December 2022. Furthermore, 1.41 million and 23,300 deaths were attributed to hypertensive heart disease and pulmonary arterial hypertension, respectively. As a result, the rising prevalence of chronic disorders like as diabetes, hypertension, and ischemic heart disease is propelling the sphygmomanometer market forward.

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Key Sphygmomanometer Market Trend – Technological Advancement
To maintain their market position, major sphygmomanometer market companies are focusing their efforts on developing innovative products through technological innovation. Pylo Health, a US-based medical device maker, for example, announced Pylo 802-LTE, a cellular blood pressure monitor, in February 2021. The device is intended to allow people to monitor their blood pressure at home and communicate the data in real time with healthcare experts. It is simple to use, requiring only a single button press, and transmits accurate measurements to the Pylo API over secured 4G wireless technology. The information is then automatically transmitted in real time to a patient’s doctor, carer, or healthcare organisation, enhancing patient outcomes and decreasing the need for in-person visits.

Sphygmomanometer Market Segment
1) By Product: Electronic Sphygmomanometer, Aneroid Sphygmomanometer, Mercury Sphygmomanometer
2) By Configuration: Portable, Desk Mounted, Floor Standing, Wall Mounted
3) By Operation: Electric, Manual, Automatic, Semi-automatic
4) By End User: Hospitals, Ambulatory Surgical Centers And Clinics, Home Healthcare, Other End Users

Sphygmomanometer Market Major Players and Strategies
Major players in the sphygmomanometer market are A&D Company Ltd., American Diagnostic Corporation, Omron Healthcare Inc., Microlife AG, Acoma Medical Industry Co. Ltd., Beurer GmbH, General Electric, Amico Group of Companies, CIGA Healthcare Ltd., HEINE Optotechnik GmbH and Co. KG, Rossmax International Ltd., Rudolf Riester GmbH, Welch Allyn Inc., Koninklijke Philips N.V. and Paul Hartmann AG.

SunTech Medical Inc., a US-based subsidiary of Halma plc. specialising in the manufacture of ambulatory blood pressure monitoring (ABPM) products, purchased Meditech Kft. in September 2021 for an unknown sum. SunTech intends to broaden its product portfolio by acquiring Meditech’s blood pressure (BP) business unit in order to provide superior blood pressure monitoring solutions to consumers worldwide. Meditech Kft. is a medical device manufacturer established in Hungary that specialises in blood pressure monitoring devices.

The Sphygmomanometer Global Market Report 2023 covers regional data on sphygmomanometer market size, sphygmomanometer market trends and drivers, opportunities, strategies, and sphygmomanometer market competitor analysis. The countries covered in the sphygmomanometer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A sphygmomanometer is a device that measures blood pressure, specifically the pressure in arteries. It is made up of an inflatable cuff that restricts blood flow and a gauge that measures pressure.

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