24 Hours Ambulatory Blood Pressure Monitors Market

The global 24-hour ambulatory blood pressure monitoring (ABPM) market is being analyzed to expand from US$1.47 billion in 2018 to $3.45 billion by 2030 and the market is projected to expand at a CAGR of 7.3% during the forecast period 2020-2030.

The 24-hour ambulatory monitoring of blood pressure is a process of measuring blood pressure at regular intervals, usually in every 15-20 minutes over a 24-hour period during which a patient carries out routine activities. These blood pressure monitors are portable automated monitors worn on a belt attached to the upper arm's standard cuff.

ABPM instruments are medical devices used regularly, even when the patient sleeps, to evaluate blood pressure. ABPM patient surveillance devices include non-invasive blood pressure measurement systems that can be performed through the patient for 24 hours in their own setting. In order to calculate blood pressure the ABPM monitors read the pulse rate and can be worn in the arms or wrist.

The global market for outpatient blood pressure monitors for 24 hours is driven by a number of factors including the alarming increase in the number of patients with hypertension due to the increasing prevalence of obesity, diabetes and cardiovascular diseases. Additionally, rising preference from a physician-centred model to a patient-centred model and rising demand for a non-invasive blood pressure measurement method which is expected to strengthen the market growth.

However, the high cost of ABPM devices, coupled with the lack of awareness specifically in emerging countries about this process, is anticipated to hinder market growth. In contrast, healthcare infrastructure development and rising healthcare expenditure in emerging countries are expected to provide the market with lucrative opportunities over the forecast period. Further, growth in geriatric population is another factors creating demand on the global market for ABPM devices.

The global 24 hour ambulatory blood pressure monitor market is segmented on the basis of type, end user and geography. Based on type, the global 24 hour ambulatory blood pressure monitor market is segmented into wrist ABPM devices and arm ABPM devices. Based on end user, the global 24 hour ambulatory blood pressure monitor market is sub-segmented into hospitals, ambulatory surgical centers and others. Geographically, the global 24 hour ambulatory blood pressure monitor market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Major players operating in the global 24 hour ambulatory blood pressure monitor market include Welch Allyn, Inc., Spacelabs Healthcare, Inc., Schiller AG, SunTech Medical, Contec Inc., Bosch & Sohn GmbH & Co. KG, Rudolf Riester GmbH, GE Company, BPL Group and Vaso Corporation among others.

Market Segmentation:

By type

• wrist ABPM devices
• arm ABPM devices

By end user

• hospitals
• ambulatory surgical centers
• others

By Geography

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America