This report on global digital sphygmomanometer studies the market in terms of various types and technology. Rising prevalence of chronic diseases such as cardiovascular diseases, diabetes, obesity, respiratory diseases and other illness which requires initial blood pressure monitoring. The digital sphygmomanometers provide customer satisfaction as it is portable, easy to operate, gives accurate and precise reading and since most of the critical operations are done automatically during the recording process there is minimal chance for human error. Technological advancement in the blood pressure monitoring segment such as wireless data transmission linked with the healthcare apps which makes it feasible to record the blood pressure of patients in homecare and remote areas. The limiting factors related to this market are the devices are very sensitive and delicate and needs proper technique while handling, continuous recalibration of the devices is required and the maintenance cost is quite high.

For the purpose of this study, the various types studied includes arm type and wrist type. Technology studied for the purpose of this research includes full-automatic sphygmomanometer and semi-automatic sphygmomanometer. Market size estimates and forecast for these segments for the period 2019 to 2029 are provided in terms of US$ Mn along with the respective CAGRs for the period 2021 to 2029, considering 2020 as the base year.

Geographic segmentation of the global digital sphygmomanometer market is performed for the regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

Market size estimates and forecast for these segments for the period 2019 to 2029 are provided in terms of US$ Mn along with the respective CAGRs for the period 2021 to 2029, considering 2020 as the base year. Further cross-sectional information in terms of types and technology is also provided in the study for individual country and regional markets.

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global digital sphygmomanometer market. Market attractiveness assessment, Porter’s five forces model and competitive landscape analysis by key players are also presented in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the global digital sphygmomanometer market. The major players in global digital sphygmomanometer market are American Diagnostic Corporation, A&D Medical, Beurer GmbH, Bosch + Sohn GmbH & Co. KG, Briggs Healthcare, ChoiceMMed America Co., Koninklijke Philips N.V., Omron Corporation, SunTech Medical, Inc. and Welch Allyn.

The digital sphygmomanometers market is driven by key factors such as rising prevalence of cardiac complications such as hypertension, hypotension cardiac arrhythmia, and diabetic cardiomyopathy and initial blood pressure monitoring in any illness. Digital sphygmomanometers provides consumer satisfaction as it is easy to handle, precise, accurate reading, better access to healthcare, peace of mind, and daily assurance. Presently arm type digital sphygmomanometers holds the largest market share due to key drivers such as rising prevalence of chronic diseases such as cardiovascular complications, pulmonary diseases etc. and the point of measurement is closer to the heart which gives accurate measurement of the blood pressure which helps in rapid diagnosis and early intervention by the physician. Wrist type sphygmomanometers shows a promising sales forecast and will be the fastest growing market majorly due to factors such as its wide application in measuring blood pressure in obese patients as cuffs are too small for the intended arm size which gives false high blood pressure readings and in geriatric patients who experience pain in their arms when the cuffs are inflated during blood pressure measurement. The major players in digital sphygmomanometers market are American Diagnostic Corporation, A&D Medical, Beurer GmbH, Bosch + Sohn GmbH & Co. KG, Briggs Healthcare, ChoiceMMed America Co., Koninklijke Philips N.V., Omron Corporation, SunTech Medical, Inc. and Welch Allyn.

The digital sphygmomanometer are very useful in providing important real time data such as systolic blood pressure and diastolic blood pressure which are helpful in the overall health assessment of the patient and drugs prescription for stabilizing patient health in intensive care unit. Blood pressure monitoring devices are equipped with wireless blood pressure monitor and health mate apps e.g. Nokia Technologies, which provides convenience in BP measurement in homecare. Full-automatic sphygmomanometer provides a lucrative market and currently holds the largest market share due to factors such as rising prevalence of cardiovascular complications and high accuracy and precision achieved as it employs oscillometric measurement and electronic calculations for BP measurement. Semi-automatic sphygmomanometer are anticipated to be the fastest growing market majorly due to factors such as its increasing application in measuring blood pressure in patients specifically suffering with arteriosclerosis, arrhythmia, preeclampsia and pulsus paradoxus where full-automatic sphygmomanometers are not preferred. In addition the maintenance cost is minimal as the accessories are easily available and replaceable.

North America was observed to be the largest digital sphygmomanometer market in the base year 2020. According to Center for Disease Control and Prevention report every year approximately 735,000 Americans have a heart attack of which 525,000 were first heart attack. The dominance of North America is mainly attributed to the presence of key drivers such as rising prevalence of chronic diseases due to unhealthy lifestyle, increasing government funding to supplement healthcare facilities with better digital sphygmomanometer and domicile of key players pioneering in manufacture of digital sphygmomanometer. The market growth in Europe is mainly attributed to increasing demand for the blood pressure monitoring of patients in the homecare and remote areas and presence of manufacturers pioneering in technological advancement in linking the automatic digital sphygmomanometers with wireless transmission services and mobile healthcare applications. Asia Pacific is observed to be the fastest growing regional segment throughout the forecast period 2021-2029. Factors that are anticipated to propel the market growth in Asia Pacific are burgeoning requirement from the physicians to monitor blood pressure of large patient pool, flourishing e-commerce industry to promote sales of digital sphygmomanometer. Additionally increasing disposable income and supportive regulatory environment will influence the market growth of digital sphygmomanometer. Moreover, factors such as developing healthcare infrastructure and business expansion activities by major players in the untapped markets are going to fuel the rapid growth of digital sphygmomanometer market in Latin America, and Middle East and Africa in the near future.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Digital Sphygmomanometer market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Digital Sphygmomanometer market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Digital Sphygmomanometer market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Digital Sphygmomanometer market?
• Which is the largest regional market for Digital Sphygmomanometer market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Digital Sphygmomanometer market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Digital Sphygmomanometer market worldwide?