Global Wearable Blood Pressure Monitor Market Value Expected To Reach $2.25 Billion By 2023

Global Wearable Blood Pressure Monitor Market Value Expected To Reach $2.25 Billion By 2023

Wearable Blood Pressure Monitor Market Global Report 2020: COVID-19 Growth And Change

Omron Is One Of The Largest Players In The Wearable Blood Pressure Monitor Market, According To The Business Research Company’s Wearable Blood Pressure Monitor Market Global Report 2020-30: COVID-19 Growth and Change

(Companies Covered: Blipcare, GE Healthcare, ForaCare Suisse, Omron, Xiaomi, Philips, Medaval, Qardio, Smiths Group, Tarilian Laser Technologies)

The global wearable blood pressure monitors market is expected to decline from $1.45 billion in 2019 to $1.42 billion in 2020 at a compound annual growth rate (CAGR) of -2.18%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $2.25 billion in 2023 at CAGR of 16.59%.

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The wearable blood pressure monitors market comprises of revenue generated by business enterprises that manufacture, develop and sell wearable blood pressure monitors. Wearable blood pressure monitors are devices that continuously monitor blood pressure even during activities like exercises, sleep, etc. using technology that is connected to the person’s body. The data is stored and analyzed through an app.

Global Wearable Blood Pressure Monitor Market Segmentation –

The wearable blood pressure monitor market covered in this report is segmented
1) By Product: Wrist Blood Pressure Monitor, Upper arm Blood Pressure Monitor, Finger Blood Pressure Monitor
2) By technology: Wi-Fi Based, Bluetooth Based.

Global Wearable Blood Pressure Monitor Market Drivers –

Increased demand for patient monitoring devices is expected to drive the wearable blood pressure monitors market. The increasing prevalence of chronic diseases coupled with rise in surgeries that need continuous monitoring have mainly increased the demand for patient monitoring devices. Additionally, due to the growing awareness of healthy lifestyle and fitness, individuals are interested in continuous monitoring of their health as it acts as a preventive measure as well.

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A Few Points From The Global Wearable Blood Pressure Monitor Market ToC
1. Executive Summary
2. Wearable Blood Pressure Monitor Market Characteristics
3. Wearable Blood Pressure Monitor Market Size And Growth
3.1. Global Wearable Blood Pressure Monitor Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Wearable Blood Pressure Monitor Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Wearable Blood Pressure Monitor Market Segmentation
5. Wearable Blood Pressure Monitor Market Regional And Country Analysis
5.1. Global Wearable Blood Pressure Monitor Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Wearable Blood Pressure Monitor Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

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