CHICAGO, Aug. 15, 2024 /PRNewswire/ -- The
global blood pressure cuffs market is projected to grow from
USD 909 million in 2024 to
USD 1,399 million by 2029, at a CAGR
of 9.0%, driven by factors like the rising elderly population,
increasing prevalence of hypertension, and the growth of telehealth
and remote patient monitoring. Key market dynamics include a rising
incidence of cardiovascular diseases and hypertension, and the need
for reliable blood pressure monitoring tools. However, challenges
such as the risk of healthcare-associated infections from reusable
cuffs and issues with cuff sizing may impact market dynamics.
Opportunities are emerging from advancements in remote monitoring
technologies, such as Healthmote's IoT-connected cuffs, which
enhance patient care. The market is segmented into automated versus
manual cuffs, reusable versus disposable, and various cuff sizes.
The largest share is held by automated, reusable cuffs and the
adult age group, with North
America leading the market, followed by Asia Pacific due to its growing healthcare
infrastructure and high prevalence of cardiovascular conditions.
Major players in the market include Omron Corporation, Baxter
International, McKesson Corporation, and Koninklijke Philips
N.V.
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Competitive Landscape and Major Players
The blood pressure cuffs market is competitive, with OMRON
Corporation (Japan), Baxter
International Inc. (US), and McKesson Corporation (US) being the
leading players. These companies employ a mix of organic and
inorganic growth strategies, including expansions, agreements, and
acquisitions, to enhance their product offerings, meet customer
needs, boost profitability, and solidify their market presence.
OMRON Corporation (Japan)
Omron Corporation is a prominent player in the global market,
offering a diverse range of products across multiple industries.
Its healthcare division, Omron Healthcare Co., Ltd., specializes in
cardiovascular, respiratory, and home healthcare products,
including blood pressure monitors. Omron forecasts sales to reach
USD 0.91 billion (about 146.0 billion yen) through the expansion of
online channels and increased demand in emerging markets,
indicating significant growth potential in the blood pressure cuffs
market.
Baxter International Inc. (US)
Baxter International Inc. provides a broad spectrum of critical
healthcare products, including patient care and diagnostic
technologies. Its Healthcare Systems and Technologies segment,
which encompasses connected care solutions and patient monitoring
systems, is vital to Baxter's strategy. The acquisition of Hill-Rom
Holdings, Inc. for USD 10.48 billion
in December 2021 aimed to enhance
Baxter's market position and expand its portfolio, including its
offerings in blood pressure monitors.
McKesson Corporation (US)
McKesson Corporation, through its various affiliates, is a
leading global provider of healthcare services designed to improve
patient outcomes. The company's Medical-Surgical Solutions segment
supplies blood pressure cuffs, distribution, logistics, and
additional services to healthcare providers such as doctor's
offices, surgery centers, and home healthcare agencies. McKesson
partners with manufacturers and channel partners to support
government, extended care, and primary care markets
effectively.
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Understanding Blood Pressure Measurement
A sphygmomanometer, or blood pressure cuff, is used by doctors
to measure blood pressure. The cuff is inflated around the upper
arm to block blood flow, and as it deflates, a stethoscope is used
to listen to the blood flow, with the cuff's gauge recording these
sounds. This method allows for accurate assessment of heart health
and overall well-being across various settings such as clinics,
hospitals, and home care.
Market Segmentation by Type
The blood pressure cuff market is categorized into automated and
manual types. In 2023, automated blood pressure cuffs held the
largest market share due to the growing adoption of advanced
monitoring technology, which offers ease of use and precision.
Market Segmentation by Size
The market is divided into two size categories: 8-19 cm and 19
cm & above. The segment for cuffs sized 19 cm and above led the
market in 2023. This dominance is due to the high prevalence of
hypertension and cardiovascular issues among adults, which
necessitates regular and precise blood pressure monitoring.
Reusable vs. Disposable Cuffs
In 2023, reusable blood pressure cuffs dominated the market.
Their cost-effectiveness and durability make them particularly
suitable for large hospitals and clinical environments, where the
benefits of reusability outweigh the initial costs.
Market Segmentation by Age Group
The market is divided into adults and infants & children.
The adult segment represented the largest share in 2023. This is
largely due to the growing elderly population, who are more
susceptible to hypertension and related chronic conditions like
diabetes and kidney disease.
Distribution Channels
The blood pressure cuffs market is segmented into offline and
online distribution channels. In 2023, offline channels held the
largest market share. This is due to their wide accessibility and
convenience for distribution across hospitals, clinics, and home
care settings.
End Users
The market is divided into hospitals, clinics, homecare, and
other end users. Hospitals were the major players in 2023,
benefiting from the increasing number of elderly patients needing
regular monitoring. Technological advancements, such as wireless
cuffs, are expected to further boost hospital growth in the blood
pressure cuffs market.
Regional Market Insights
The global blood pressure cuffs market is segmented into
North America, Europe, Asia
Pacific, Latin America, the
Middle East & Africa, and GCC countries. North America led the market in 2023, followed
by Asia Pacific and Europe. The region's dominant position is
attributed to the presence of major market players, an aging
population, and a high prevalence of hypertension and
cardiovascular diseases.
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