The Road Ahead for the Digital Or Electrical Sphygmomanometer Market: Key Growth Trends and Opportunities to Watch
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What CAGR is Anticipated for the Digital Or Electrical Sphygmomanometer Market During the Forecast Period, and Why?
The market size for digital or electrical sphygmomanometers has seen rapid growth in the recent past. An expected surge from $1.14 billion in 2024 to $1.28 billion in 2025, at a compound annual growth rate (CAGR) of 12.0% is anticipated. The remarkable growth during the historical period can be linked to factors such as the rising incidences of hypertension, increased demand for accurate blood pressure monitoring, enhanced public awareness regarding heart health, recommendations from healthcare professionals, and advancements in device precision.
In the coming years, the market size for the digital or electrical sphygmomanometer is anticipated to experience significant growth. It is projected to reach $1.99 billion in 2029, with a compounded annual growth rate (CAGR) of 11.7%. Factors contributing to this growth during the forecast period include the increased adoption of telemedicine, a growing emphasis on home health monitoring, the expansion of wearable health technology, heightened health awareness among the younger generation, and a surging elderly population. Key trends expected during the forecast period encompass AI integration for predictive analytics, the rise of wearable and connected health technologies, advancements in smart home healthcare solutions, development of advanced multifunctional devices, and an increasing focus on sustainable and eco-friendly materials.
What Drivers Are Shaping the Growth of the Digital Or Electrical Sphygmomanometer Market?
The growing occurrence of hypertension is anticipated to fuel the development of the digital or electrical sphygmomanometer market. Due to hypertension, which is a health condition where the blood force against artery walls persistently escalates, there can be serious health implications. The high intake of sodium, commonly from processed foods, boosts the blood pressure by triggering water retention. This results in an increase in the blood volume which eventually puts a burden on the heart and blood vessels. Digital sphygmomanometers significantly enhance the efficiency, simplicity, and accuracy of hypertension treatment through their data recording features, regular measurement capability, and home monitoring options. For instance, the National Library of Medicine stated in July 2024, that the overall prevalence of hypertension in U.S. adults experienced a slight variation in 2022, starting at 27.0% and climbed up to 27.2%. Males exhibited consistently higher figures, escalating from 27.2% to 27.9%. Hence, the increasing rate of hypertension stimulates the digital or electrical sphygmomanometer market’s growth. The growth of the digital or electrical sphygmomanometer market is equally being propelled by the rising adoption of telemedicine. Telemedicine harnesses the power of digital communication technologies to deliver medical consultations, diagnosis, and treatment remotely, thus eliminating the need for in-person visits. The surge of telemedicine can be traced back to the growing demand for accessible healthcare, advancements in digital technology, and the requirement for remote medical services. These digital or electrical sphygmomanometers find their use in telemedicine to facilitate remote monitoring of blood pressure. This allows patients to relay real-time data to healthcare providers, enabling constant monitoring and management of hypertension and other cardiovascular conditions. For instance, the Centers for Disease Control and Prevention, a US-based government agency, reported in June 2024 that 30.1% of adults utilized telemedicine in the past 12 months in 2022. Therefore, the digital or electrical sphygmomanometer market’s growth is propelled by the increasing adoption of telemedicine.
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Which Companies Are Poised to Shape the Future of the Digital Or Electrical Sphygmomanometer Market?
Major companies operating in the digital or electrical sphygmomanometer market are:
• International Business Machines Corporation (IBM)_x000D_
• Oracle Corporation_x000D_
• SAP SE_x000D_
• Salesforce.com Inc._x000D_
• WPP plc_x000D_
What Are the Latest Innovations and Trends Influencing the Digital Or Electrical Sphygmomanometer Market?
Key industry players in the digital and electrical sphygmomanometer market are prioritizing the creation of sophisticated products like automatic blood pressure monitors that offer immediate health tracking options. An automatic blood pressure monitor identifies blood pressure by filling the cuff and identifying arterial blood flow, digitally showing systolic and diastolic numbers. For example, in February 2022, InBody Pvt. Ltd., a medical tech firm based in South Korea, introduced the BP 170. This automatic blood pressure monitor uses a proprietary one-touch cuff and an oscillometric strategy to accurately gauge systolic and diastolic blood pressure as well as heart rate. It has a sizeable screen for straightforward reading. It seamlessly integrates with the InBody app, facilitating users to monitor their health development over time. The gadget conforms to the ISO 81060-2:2018 standard, ensuring dependability and precision. It further identifies abnormal heart rates, early morning hypertension, and incorrect cuff placement, improving domestic health observation.
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How Are the Key Segments of the Digital Or Electrical Sphygmomanometer Market Impacting Its Expansion and Revenue Streams?
The digital or electrical sphygmomanometer market covered in this report is segmented –
1) By Product Type: Upper Arm, Wrist Type
2) By Technology: Full Automatic, Semi Automatic
3) By Portability: Portable, Non-Portable
4) By End-User: Hospitals And Clinics, Ambulatory Care Centers, Home Care Settings, Other End-Users
Subsegments:
1) By Upper Arm: Fully Automatic Upper Arm Sphygmomanometers, Semi-Automatic Upper Arm Sphygmomanometers
2) By Wrist Type: Fully Automatic Wrist Sphygmomanometers, Semi-Automatic Wrist Sphygmomanometers
What Regions Are Contributing Significantly to the Growth of the Digital Or Electrical Sphygmomanometer Market?
North America was the largest region in the digital or electrical sphygmomanometer market in 2024. The regions covered in the digital or electrical sphygmomanometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Scope and Reach of the Digital Or Electrical Sphygmomanometer Market Defined?
A digital or electrical sphygmomanometer is a medical device that measures blood pressure electronically using a digital display. It includes an inflatable cuff, a pressure sensor, and offers benefits like higher accuracy, user-friendliness, and the capability to store multiple readings. This device simplifies blood pressure monitoring with its advanced technology.
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