Ambulatory Blood Pressure Monitors Market Size, Share, Industry, Forecast and outlook (2023-2030)

Global Ambulatory Blood Pressure Monitoring (ABPM) Devices Market is segmented By Product Type (Wrist, Arms), By End Users (Hospitals, Specialty Clinics, Homecare Settings, Ambulatory Surgical Center), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Overview

The Global Ambulatory Blood Pressure Monitors Market is expected to grow at a high CAGR during the forecasting period (2023-2030). The ambulatory blood pressure monitor is a unique device consisting of a blood pressure cuff that is worn on an individual’s arm, and it is attached to the small recording device which is connected to the belt or waist. Ambulatory blood pressure monitors are a relatively new method for assessing a person’s blood pressure and allow the doctors to access the blood pressure during routine daily living, instead of determining in hospital. Usually, these devices are worn by the patients for 24 hrs and record the blood pressure at regular intervals throughout the period.

Post completion of a day, the device is connected to a computer to prepare an enhanced report. This helps assess people with white coat hypertension (the blood pressure rises when a person is nervous or fearful of the medical environment), diagnosis and treatment of some forms of Dysautonomia, and situations in which a person is suspected to have abnormally wide fluctuations in blood pressure.

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market SUMMARY AND SCOPE

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Dynamics and Trends

• The rising prevalence of cardiovascular diseases and hypertension powered by an increase in the geriatric population are the significant factors having a greater impact on the global Ambulatory Blood Pressure Monitors Market.

• The shift from physician-centered to patient-centered model and demand for a non-invasive way of measuring blood pressure are amplifying the market growth. Factors such as high levels of alcohol consumption, obesity, sedentary lifestyle smoking, diabetes, and depression among all age groups are driving the incidences of cardiovascular diseases and creating growth in the global Ambulatory Blood Pressure Monitors Market.

• According to a study conducted by researchers at the Journal of the American Heart Association, 2017, the simple hypertension cases increased consistently from 87 million in 1990-2000 to 108.2 million in 2015-2016.

• The study conducted by researchers at the National Institute Of Health, 2018, estimated that the number of adults affected with hypertension in 2025 is predicted to increase by about 60% ( 1.54-1.58 billion).

• According to researchers at the National Institute Of Health in 2017, it has been estimated that 92.1 million adults have at least one form of cardiovascular disease(CVD) and by 2030 43.9% of our population is projected to have one type of CVD.

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Restraints

• Major factors hindering the Global Ambulatory Blood Pressure Monitors Market are the high cost involved due to the advanced technologies, availability of alternatives, and lack of awareness about ambulatory blood pressure monitors in emerging nations.

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Segmentation Analysis

• Global Ambulatory Blood Pressure Monitors Market is segmented by product type it includes wrist and arm based devices, and by the end, users include hospitals, specialty clinics, ambulatory service centers, home care settings, and others.

• Homecare settings dominate the global ambulatory blood pressure monitors during the forecast period due to the shift from physician-centered to a patient-centered model of treatment in developed countries and the additional services provided by the systems includes cost-effectiveness when compared with conventional methods, reliability to overcome the white coat hypertension and generate accurate blood pressure results.

• The primary healthcare organizations are focusing on adopting the patient-centered medical home model in their primary health care settings to improve the quality and reduce costs.

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Geographical Share

• The global Ambulatory Blood Pressure Monitors Market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

• North America dominates the global Ambulatory Blood Pressure Monitors Market due to an increase in the prevalence of acute & chronic hypertension with a surge in the geriatric population.

• The high adoption rate towards non-invasive methods of measuring blood pressure and the awareness programs regarding hypertension are additionally contributing to the growth of the global Ambulatory Blood Pressure Monitors Market.

• Awareness programs conducted by Novartis Foundation in May 2018, regarding the development of person-centered hypertension diagnosis to increase the opportunity of people have to be diagnosed, has, in turn, increased the sale of portable blood pressure monitors in the U.S.

Ambulatory Blood Pressure Monitoring (ABPM) Devices Market Competitive Trends

• New Product launches by key players using advanced technologies wrist-worn ambulatory blood pressure monitors to improve patients' experience are driving the global Ambulatory Blood Pressure Monitors Market.

• In January 2019, MevoFit Launched Echoronics Ultra a smartwatch featured with heart rate and blood pressure monitors in both 12-hr and 24-hrs format.

• In January 2019, Omron healthcare launched HeartGuideTM the first wearable oscillometric blood pressure monitor.

• In June 2018, Asus launched Asus Vivo watch BP a smartwatch, and the world’s first blood pressure tracking watch.

• Major market players in the Ambulatory Blood Pressure Monitors Market are Medtronic, Welch Allyn, GE Healthcare, Drägerwerk AG & Co., Omron healthcare, Lipocine MediTech, CONTEC, Spacelabs Healthcare Inc and Others.