Understand How The Wearable Blood Pressure Monitors Market Is Poised To Grow Through 2023-2032
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
As per The Business Research Company’s Wearable Blood Pressure Monitors Global Market Report 2023, the wearable blood pressure monitors market is expected to show significant growth in the forecast period.
Key insights from the wearable blood pressure monitors market forecast include:
- Market Size
The global wearable blood pressure monitors market is expected to grow from $1.46 billion in 2022 to $1.77 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The market size of the global wearable blood pressure monitors is expected to grow to $3.77 billion in 2027 at a CAGR of 20.9%.
- Major Driver
Rising demand for patient monitors to boost wearable blood pressure market. Chronic diseases and surgery increase monitoring needs. Growing health awareness prompts continuous health tracking. Valencell’s National Wearable Survey reports strong user belief in health benefits. Many show interest in blood pressure monitoring via wearables. Thus, increased demand drives wearable blood pressure market growth.
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- Key Trend
Most wearable blood pressure monitoring tech is in experimental or R&D phases. Researchers explore various methods, like smartphone video for facial vessel changes. Valencell develops earbud sensors with photoplethysmography for BP detection. Akttia’s cuff-less bracelet using optical sensors is being validated. Thus, R&D will boost wearable BP market.
- Largest Region
North America was the largest region in the wearable blood pressure monitors market in 2022.
- Major Players
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.
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Key Wearable Blood Pressure Monitors Market Segments
The global wearable blood pressure monitors market is segmented –
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
The Wearable Blood Pressure Monitors Global Market Report 2023 provides an in-depth analysis on the wearable blood pressure monitors market size, trends and drivers, opportunities, strategies, and companies analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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