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Sphygmomanometer Market size was valued at USD 3.4 billion in 2023 and is expected to exhibit growth at a CAGR of 8.5% from 2024 to 2032. The strong market growth is driven by the rising prevalence of cardiac conditions, advancements in technology, and the continuous introduction of innovative products.
The market growth is further attributed to growing awareness of hypertension and other cardiovascular diseases. Rising health consciousness and preventive healthcare initiatives are driving individuals and healthcare facilities to adopt more accurate and reliable blood pressure monitoring devices. Additionally, the growing geriatric population, who are more susceptible to blood pressure-related health issues, is contributing to the surging demand for sphygmomanometers.
Technological advancements are playing a crucial role in the market's expansion. Innovations in sphygmomanometer technology, including digital and automated devices, offer greater accuracy and user convenience. For example, in July 2023, Smart Meter launched a new cellular-connected, multi-cuff blood pressure monitor designed specifically for chronic care management. The integration of smart features and connectivity options is resonating with both consumers and healthcare professionals, driving further market growth. The enhanced functionality of vital sign monitoring devices and the ease of use of these devices are making them increasingly appealing to a broader audience.
A sphygmomanometer is a medical instrument used to measure blood pressure, a key indicator of cardiovascular health. It typically comprises an inflatable cuff, a pressure gauge, and, in some cases, a stethoscope. The cuff is wrapped around the upper arm and inflated to temporarily stop blood flow. As the cuff deflates, the gauge measures the pressure of the blood flow through the arteries. Sphygmomanometers can be manual, requiring manual inflation and auscultation, or digital providing automated readings and often integrating with electronic health systems for data management and analysis.
Report Attribute | Details |
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Base Year: | 2023 |
Sphygmomanometer Market Size in 2023: | USD 3.4 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 8.5% |
2024 – 2032 Value Projection: | USD 7.2 Billion |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 332 |
Segments covered: | Product, Operation, Configuration, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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