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The ambulatory blood pressure monitoring devices industry is highly competitive, featuring both major multinational corporations and smaller to mid-sized companies vying for market share. A primary focus of industry players is the continuous development and introduction of innovative products leveraging various technologies. This strategy drives competitiveness, fosters technological advancement, and meets evolving consumer demands for advanced and differentiated ambulatory monitoring solutions.
Some of the eminent market participants operating in the ambulatory blood pressure monitoring devices industry include:
Ambulatory blood pressure (BP) monitoring devices industry size was USD 1.1 billion in 2023 and is estimated to exceed USD 2.3 billion by 2032 due to the increasing prevalence of hypertension and cardiovascular diseases along with the surging demand for non-invasive monitoring solutions.
Digital BP monitor market generated USD 592 million in revenue in 2023, owing to the rising need for diagnosing and managing hypertension and other cardiovascular conditions.
The automatic operation segment recorded over 49% of the ambulatory BP monitoring devices market share in 2023 and is anticipated to witness growth till 2032 owing to their popularity as convenient and user-friendly alternative to manual devices.
North America ambulatory blood pressure monitoring devices market size was USD 432.8 million in 2023, led by thriving need for essential tools for diagnosing, managing, and monitoring several health conditions.