Global Wearable Blood Pressure Monitor Industry to Soar at 15%-16% CAGR, Projecting a $8 Billion Market by 2032 | as Analyzed by FMI

The Global Wearable Blood Pressure Monitor Industry witnessed a remarkable surge in 2021, achieving a substantial market value of US$ 1.8 billion. The latest market analysis, as revealed by Future Market Insights (FMI), anticipates an even more impressive trajectory in the coming year, with sales projected to exceed US$ 2.1 billion.

The upward momentum is not a fleeting trend; rather, it is anchored by a robust Compound Annual Growth Rate (CAGR) ranging from 15% to 16% throughout the forecast period from 2022 to 2032. By the culmination of 2032, the demand for wearable blood pressure monitors is estimated to reach an extraordinary US$ 8 billion.

In its most recent business report, FMI provides a comprehensive overview of the current state of the Global Wearable Blood Pressure Monitor Industry. The report covers crucial aspects such as volume, value, production, and consumption, offering insightful analysis of demand patterns and future prospects. The market is categorically segmented based on end uses, regions, and key players.

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Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic affecting the majority of countries around the world, the healthcare industry is experiencing its fair share of “ups and downs.” The COVID-19 has put a significant strain on the healthcare industry’s workforce, facilities, and infrastructure. Despite the constant pressure, the healthcare sector is growing at a moderate pace as a result of infrastructure improvements and technological advancements. The healthcare sector is delivering a healthy performance.

The latest FMI report on the Wearable Blood Pressure Monitor market provides a detailed analysis of the impact of COVID-19, as well as incisive coverage of the innovative strategies adopted by market players to overcome pandemic challenges.

Critical Questions Answered in the Report

1. What are ongoing trends that will shape the market growth curve for the Global Wearable Blood Pressure Monitor Industry?
2. What are the drivers and challenges affecting the Wearable Blood Pressure Monitor market demand?
3. What are the recent technological advancements in the Global Wearable Blood Pressure Monitor Industry?
4. What are key trends and opportunities that will prevail in the revenue growth of Wearable Blood Pressure Monitor market players?
5. How will evolving regulatory policies impact market growth?
6. What is the impact of COVID-19 on the Global Wearable Blood Pressure Monitor Industry?

Global Wearable Blood Pressure Monitor Industry Players –

1. Blipcare,
2. iHealth Labs Inc.,
3. OMRON Corporation,
4. Koninklijke Philips N.V.,
5. Pyle Audio,
6. ForaCare Suisse AG,
7. Qardio, Inc.,
8. Xiaomi

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Global Wearable Blood Pressure Monitor Industry: Segmentation

Based on the product type, the Global Wearable Blood Pressure Monitor Industry is segmented into:

• Wrist Blood Pressure Monitor
• Upper arm Blood Pressure Monitor
• Finger Blood Pressure Monitor

Based on the connecting technology, the Global Wearable Blood Pressure Monitor Industry is segmented into:

• WiFi Based
• Bluetooth Based

Based on the end users, the Global Wearable Blood Pressure Monitor Industry is segmented into:

• Healthcare facilities
• Home Care Settings

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.

Reasons to Buy the Report

• We provide authentic and detailed market trends analysis to help businesses make informed and beneficial decisions in order to gain a competitive advantage over key players.
• Our analysts provide detailed market segmentation, as well as meaningful insights and comprehensive reports that other companies do not.
• The report includes an accurate market analysis as well as current developing trends affecting growth. FMI consults with a wide range of stakeholders, including C-level executives, distributors, product manufacturers, and industry experts. This ensures that the information gathered comes from highly reliable sources.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the Global Wearable Blood Pressure Monitor Industry
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
• Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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