The Wearable Blood Pressure Monitor Market is projected to reach USD 7.07 billion by 2030 from USD 2.13 billion in 2022, at a CAGR of 16.17% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Wearable Blood Pressure Monitor Market.
Based on Measurement, market is studied across Arterial Tonometry, Oscillometric Method, and Pulse Transit Time Method. The Oscillometric Method commanded largest market share of 34.15% in 2022, followed by Pulse Transit Time Method.
Based on Use, market is studied across Arm and Wrist. The Wrist commanded largest market share of 72.65% in 2022, followed by Arm.
Based on Component, market is studied across Battery, Bluetooth IC, Display, Memory, Processor, and Sensor. The Battery commanded largest market share of 23.34% in 2022, followed by Sensor.
Based on Indication, market is studied across Hypertension, Hypotension, and Irregular Heart Beat. The Irregular Heart Beat commanded largest market share of 34.74% in 2022, followed by Hypotension.
Based on Distribution Channel, market is studied across Offline Mode and Online Mode. The Offline Mode is further studied across Hypermarkets and Pharmacies. The Offline Mode commanded largest market share of 75.50% in 2022, followed by Online Mode.
Based on Application, market is studied across Home Healthcare, Remote Patient Monitoring, and Sports & Fitness. The Sports & Fitness commanded largest market share of 34.14% in 2022, followed by Home Healthcare.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.77% in 2022, followed by Americas.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Wearable Blood Pressure Monitor Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Wearable Blood Pressure Monitor Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Wearable Blood Pressure Monitor Market, highlighting leading vendors and their innovative profiles. These include Aktiia SA, Anthony Products, Inc., Apple Inc., Asia Connection Co., Ltd., Beurer GmbH, Charmcare Co., Ltd., ChroniSense Medical, Ltd., Cofoe Medical Technology Co., Ltd., ForaCare Suisse AG, Garmin Ltd., General Electric Company, Google LLC by Alphabet Inc., Guangdong Transtek Medical Electronics Co., Ltd., Huawei Technologies Co., Ltd., ICU Medical, Inc., iHealth Labs Inc., Koninklijke Philips N.V., Koogeek Inc., LAICA S.p.A., Medline Industries, LP, Nokia Corporation, OMRON Corporation, Pyle Audio, Qardio, Inc., Saif Care, Samsung Electronics Co., Ltd., Sara Healthcare Pvt. Ltd., and Xiaomi Corporation.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast for the Wearable Blood Pressure Monitor Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Wearable Blood Pressure Monitor Market?
- What is the competitive strategic window for identifying opportunities in the Wearable Blood Pressure Monitor Market?
- What are the latest technology trends and regulatory frameworks in the Wearable Blood Pressure Monitor Market?
- What is the market share of the leading vendors in the Wearable Blood Pressure Monitor Market?
- Which modes and strategic moves are suitable for entering the Wearable Blood Pressure Monitor Market?