A wireless blood pressure monitor is a high-tech device used to monitor adults' blood pressure. These devices are compatible with smartphones and can be used to track blood pressure on a daily basis. The increased use of smartphones has resulted in increased investments and the development of innovative healthcare applications. Wireless blood pressure monitors are used to monitor blood pressure in cases of hypertension. These devices are smaller and easier to use than traditional medical equipment.
MARKET SCOPE
The Wireless Blood Pressure Monitor Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Wireless Blood Pressure Monitor Market with detailed market segmentation by product type, technology, end-user, and geography. The report provides key statistics on the market status of the leading Wireless Blood Pressure Monitor Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type, the wireless blood pressure monitor market is segmented into Upper Arm Blood Pressure Monitor, Wrist Blood Pressure Monitors, and Finger Blood Pressure Monitors.
- On the basis of technology, the Wireless Blood Pressure Monitor Market is segmented into Radio Frequency Identification Technology and Bluetooth Technology.
- On the basis of end-user, the market is segmented into Hospitals & Clinics, Home Care Settings, and Others.
MARKET DYNAMICS
Drivers:
- Changing lifestyle.
- Advancements in wireless blood pressure monitor devices.
- Rise in Government Initiatives in Preventive Health Care Programs.
- High Prevalence of Hypertension.
- Lack of accuracy of wireless blood pressure monitors in measuring blood pressure with high precision.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South And Central America. The Wireless Blood Pressure Monitor Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Wireless Blood Pressure Monitor Market in these regions.
IMPACT OF COVID-19 ON WIRELESS BLOOD PRESSURE MONITOR MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. The market for Wireless Blood Pressure monitors is expected to grow due to the rising prevalence of chronic diseases resulting in a large number of patients undergoing surgeries.
MARKET PLAYERS
The report covers key developments in the Wireless Blood Pressure Monitor Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players in the Wireless Blood Pressure Monitor Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Wireless Blood Pressure Monitor Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Wireless Blood Pressure Monitor Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
- Omron Healthcare, Inc.
- Koninklijke Philips N.V.
- Qardio, Inc.
- Nokia Corporation
- Xiaomi
- Blipcare
- Koogeek, Inc.
- Vive Health.
- iHealth Labs Inc.
- Pyle Audio