Estimates state that global sphygmomanometer market size will reach over USD 2.9 billion with regards to annual remunerations by 2026. Sphygmomanometer products can be bifurcated into mercury, aneroid, and digital sphygmomanometers. On comparison, aneroid sphygmomanometers are affordable as well as easy to use and are highly preferred among medical students.
Growing burden of cardiovascular diseases (CVD) in healthcare facilities will impact sphygmomanometer market outlook through 2026. World Health Organization (WHO) disclosed that CVD is among the most dominating mortality factors and registers almost 18 million deaths annually. Constant prevalence of hypertension and changing lifestyles in addition to smoking and unhealthy dietary habits worldwide will urge the adoption of sphygmomanometers.
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Sphygmomanometer market can be classified into electric, automatic, semi-automatic, and manual sphygmomanometers on the basis of operation. Manual sphygmomanometers industry size was estimated to be worth US$656 million during 2019. Manual sphygmomanometers are widely preferred by healthcare professional on account of high accuracy in blood pressure monitoring and measurement.
Sphygmomanometers are extensively used in hospitals, clinics, and ambulatory surgical centers. The demand for sphygmomanometers across hospitals is anticipated to grow considerably in the future. The number of patients visiting hospitals for monitoring blood pressure and treatment of associated health problems such as chest pain, respiratory problems, and heart attacks has increased notably.
Revenues from aneroid sphygmomanometer segment was estimated at USD 618 million in 2019 and are likely to stir owing to rapid access to quick and easy blood pressure readings. Based on mode of operation, the device can be segmented as manual, electric, automatic, and semi-automatic components.
Simplicity of machine use and technical advancements will augment demand for effective measurement tools. Manual sphygmomanometers contributed to an annual valuation of USD 656 million in 2019. The segment may also witness a substantial rise over the next few years with the increasing adoption across healthcare professionals for accurate blood pressure computations.
Portable, desk mounted, floor standing, and wall-mounted are some of the configurations associated with sphygmomanometer devices. The portable segment recorded the highest market share in 2019 and will exhibit substantial consumption across healthcare professionals owing to their small, lightweight, and user-friendly benefits.
Globally, Germany led the Europe sphygmomanometer market share in 2019, accumulating more than 16% yearly revenues and is likely to expand over 2026 due to an extending geriatric population. There is also a rise in installation investments for effective and accurate blood pressure monitors in this geography. Standardization initiatives by the European Union for the accuracy and safety of sphygmomanometers will lead to higher demand and deployment of monitoring devices among regional masses through and post the coronavirus pandemic.
American Diagnostic Corporation, Acoma Medical Industry Co., Ltd., OMRON Corporation, CIGA Healthcare Ltd., A&D Company Ltd., Amico Group of Companies, TROGE MEDICAL GmbH, Spengler, Hill-Rom Services Inc., and CONTEC Medical Systems Co., Ltd. are among the major manufacturers of sphygmomanometers worldwide.
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Partial Chapter of the Table of Content
Chapter 5. Sphygmomanometer Market, By Operation
5.1. Key segment trends
5.2.1. Market size, by region, 2015 – 2026 (USD Million)
5.2.2. Market size, by region, 2015 – 2026 (Units)
5.3.1. Market size, by region, 2015 – 2026 (USD Million)
5.3.2. Sphygmomanometer Market size, by region, 2015 – 2026 (Units)
5.4.1. Market size, by region, 2015 – 2026 (USD Million)
5.4.2. Market size, by region, 2015 – 2026 (Units)
5.5.1. Market size, by region, 2015 – 2026 (USD Million)
5.5.2. Market size, by region, 2015 – 2026 (Units)
Chapter 6. Sphygmomanometer Market, By Configuration
6.1. Key segment trends
6.2.1. Market size, by region, 2015 – 2026 (USD Million)
6.2.2. Market size, by region, 2015 – 2026 (Units)
6.3. Desk Mounted
6.3.1. Market size, by region, 2015 – 2026 (USD Million)
6.3.2. Market size, by region, 2015 – 2026 (Units)
6.4. Floor Standing
6.4.1. Market size, by region, 2015 – 2026 (USD Million)
6.4.2. Market size, by region, 2015 – 2026 (Units)
6.5. Wall Mounted
6.5.1. Market size, by region, 2015 – 2026 (USD Million)
6.5.2. Sphygmomanometer Market size, by region, 2015 – 2026 (Units)
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