Global ABPM Patient Monitor Market Will Reach USD 162 Million by 2026

Global ABPM Patient Monitor Market Will Reach USD 162 Million by 2026

• Base Year: 2018

• Estimated Year: 2019

• Forecast Period: 2019 to 2026

Market Overview

According to the report, the global ABPM Patient Monitor market was valued at approximately USD 91 million in 2019 and is expected to generate revenue of around USD 162 million by 2026, growing at a CAGR of roughly 8.75% from 2019 and 2026.

Ambulatory blood pressure monitoring (ABPM) is a relatively new technique for assessing blood pressure in humans. When office blood pressure readings are confusing or variable, it is often used to determine if a person does have high blood pressure.

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Key Players

Key players in the ABPM Patient Monitor market cover Spacelabs, SunTech Medical, Welch Allyn, Schiller, A&D, Bosch + Sohn, Contec, Riester, Daray Medical, Vasomedical, Cardioline, Medset, ERKA, Mortara, and HealthSTATS.

Drivers and Restraint

Rise in number of hypertension cases due to increase in prevalence of diabetes, cardiovascular diseases, and obesity conditions is the major factor that contributes to the growth of the market. Moreover, adoption of patient centered medical devices, growth in geriatric population, and increase in demand for non-invasive procedures for measuring blood pressure fuel the market growth. However, expensive price and lack of awareness about the ambulatory blood pressure monitoring in developing nations hinders the market growth. 

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Forecast by Geography

North America dominated the ABPM Patient Monitor market with a share of 32.68%, followed Europe and the Asia Pacific with a share of 29.77% and 28.39%.

Type Segment

Based on the type, the ABPM Patient Monitor market can be segmented into General Type and Wearable Type.

Application Segment

Based on application, the ABPM Patient Monitor market is divided into Hospital, Emergency Center, and other.

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Target Audience

l   ABPM Patient Monitor manufacturers

l   Distributors and resellers of ABPM Patient Monitor

l   ABPM Patient Monitor industry associations

l   Product managers, ABPM Patient Monitor industry administrator, C-level executives of the industries

l   Market Research and consulting firms

l   Small and Medium-sized Enterprises (SMEs)

l   Raw material suppliers of ABPM Patient Monitor