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Sphygmomanometer Market Analysis
- Report ID: GMI3651
- Published Date: Mar 2023
- Report Format: PDF
Sphygmomanometer Market Analysis
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.
Europe sphygmomanometer market share is anticipated to register over 8% CAGR through 2023-2032, owing to the increasing geriatric population. Since older people are susceptible to chronic ailments, the rate of visits to healthcare facilities has surged. To address the resilience of healthcare systems, several investment programs have also been launched in the EU, especially following the COVID-19 pandemic. Additionally, the high emphasis on accurate BP monitor development will add impetus to product development across the region.
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Sphygmomanometer Market Scope
