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Sphygmomanometer Market - By Product (Mercury Sphygmomanometer, Aneroid Sphygmomanometer, Digital Sphygmomanometer), By Operation (Manual, Automatic, Semiautomatic), By Configuration (Portable, Desk Mounted, Floor Standing, Wall Mounted), End-use & Global Forecast, 2032

  • Report ID: GMI3651
  • Published Date: Mar 2023
  • Report Format: PDF

Sphygmomanometer Market Size

Sphygmomanometer Market size crossed USD 3 billion in 2022 and is anticipated to exhibit more than 8.5% CAGR between 2023 and 2032, on account of the adoption of inactive lifestyles.
 

Sphygmomanometer Market

The rise in the work-from-home trend and physical inactivity are contributing to the high prevalence of cardiovascular diseases. According to the WHO, in 2021, cardiovascular conditions accounted for over 18 million deaths annually. This high disease burden will spur the development of vital signs monitoring devices including blood pressure sphygmomanometers since hypertension is a common risk factor for CVDs. High blood pressure, which affects nearly a billion people, substantially elevates the risk of heart, brain, kidney, and other diseases. The adoption of sedentary lifestyles will also accelerate the use of electronic sphygmomanometers.

With rapid technological advancement, medical devices for use in homecare settings are gaining momentum, creating growth opportunities for sphygmomanometer developers. However, there has been growing awareness of product inaccuracy through various validation, calibration, and inspection protocols.
 

Sphygmomanometer Market Analysis

Global Sphygmomanometer Market Share By Product

In terms of product, the sphygmomanometer market value from the digital sphygmomanometers segment is slated to reach over USD 4.5 billion by 2032, considering the increased need for at-home blood pressure monitors. Since blood pressure has become a crucial indicator of health status, the adoption of digital BP monitors in home settings has surged. Furthermore, the strong focus of market players on the production of efficient and effective digital healthcare equipment as a replacement for traditional monitors is expected to bolster product usage.
 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for sphygmomanometer crossed USD 3 billion in 2022 and will exhibit more than 8.5% CAGR between 2023 and 2032, on account of the adoption of inactive lifestyles.

Digital sphygmomanometers segment is slated to reach over USD 4.5 billion by 2032, considering the increased need for at-home blood pressure monitors.

Europe sphygmomanometer market share is anticipated to register over 8% CAGR through 2023-2032, owing to the increasing geriatric population prone to CVDs.

3B Scientific, Hill-Rom Services Inc. (Welch Allyn), OMRON Corporation, Microlife Corporation, AAmico Group of Companies, American Diagnostic Corporation, and Acoma Medical Industry Co., Ltd. are some of the key players in the market.

Sphygmomanometer Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 833
  • Countries covered: 30
  • Pages: 360
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