Ambulatory Blood Pressure Monitors MarketSize and Trends
Global ambulatory blood pressure monitors market size is expected to reach US$ 2,934.6 Mn by 2030, from US$ 1,663.6 Mn in 2023, exhibiting compound annual growth rate (CAGR) of 8.4% during the forecast period.
The ambulatory blood pressure monitors market is segmented based on product type, end user, and region. Based on technology, the market is segmented into Wrist Monitors, and Arm Monitors. Wrist Monitors is dominating the market owing to increasing launches of Wrist ambulatory blood pressure monitors
Global Ambulatory Blood Pressure Monitors Market Trends:
- Wireless connectivity in ABPM devices: The wireless connectivity in ambulatory blood pressure monitoring (ABPM) devices is having a profound impact on the market. With advancements in Bluetooth and internet of things (IoT) technology, newer ABPM devices are able to seamlessly and securely transmit a patient's blood pressure readings in real-time to their physician's clinic via a mobile application. This connectivity enables remote patient monitoring and makes the diagnostic process more convenient and efficient. Physicians can review readings almost immediately as they are measured throughout a patient's daily routine. Any abnormal values can be identified and addressed quickly without unnecessary additional in-person visits. The wireless capabilities also allow device makers to offer software features like automated reports and data analytics tools to clinicians.
- Remote monitoring and cloud-based data analysis: The remote monitoring and cloud-based data analysis trend is having a notable impact on the ambulatory blood pressure monitor (ABPM) market. With advanced technologies allowing doctors to monitor patients' blood pressure readings remotely through wireless devices that transfer data through apps or secure web portals, it is significantly improving medical care while also driving new opportunities for ABPM manufacturers. This remote monitoring capability is enabling far more widespread use of ABPM as it removes the need for patients to schedule separate in-office visits or trips solely for the purpose of having their doctor download and analyze the blood pressure readings. With data automatically uploaded to the cloud, physicians can check on their patients' blood pressure trends remotely at any time without the patient needing to come to the office. This level of convenience is appealing both to providers and patients.
- Miniaturization of ABPM devices: Miniaturization of ambulatory blood pressure monitoring (ABPM) devices is having a significant impact on the ABPM market. With advances in microelectronics and miniaturized components, device manufacturers are able to create much smaller and lighter ABPM monitors. These new generation devices are considerably more discreet and comfortable for patients to wear. They resemble a regular watch in form factor rather than the bulky devices of the past. The reduced size has also allowed additional comfort features like water resistance and longer battery life.