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Answer : Towards Healthcare predict that the global blood pressure monitoring devices market size was accounted at USD 1.62 billion in 2021 and is anticipated to reach USD 4.12 billion by 2030.
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The global blood pressure monitoring devices market is poised to grow at a compound annual growth rate (CAGR) 10.93% during the forecast period 2022 to 2030.
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Rising incidences of hypertension because of changing lifestyle is the key factor counting for the prominent growth of the market during the forecast period.
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Home healthcare registers the fastest growth of around 12.9% over the analysis period due to increasing availability of smart wearables that provide mobility as well as cost-efficient option for the homecare application
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North America led the global market with nearly 50% of value share attributed to the developed healthcare infrastructure in the region
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By end-use, hospitals & clinics segment addressed the largest market value share in the year 2019 attributed to the presence of large patient pool.
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Some of the key players operating in the market are Koninklijke Philips N.V., General Electric Company, A & D Company, Limited, SunTech Medical, Inc., Welch Allyn, American Diagnostic Corporation, Briggs Healthcare, Withings, Spacelabs Healthcare, GF HEALTH PRODUCTS, INC., Kaz, A Helen of Troy Company, Rossmax International Limited, and Microlife Corporation among others.
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