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The global Pressure Monitoring Market size is expected to reach USD 20.3 billion by 2030, expanding at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Pressure fluctuations in vital parts of the body often lead to chronic diseases such as glaucoma, cardiac disorders, and respiratory disorders. This has led to high demand for pressure monitoring devices.
According to the American Heart Association, 77.9 million people were suffering from hypertension in the U.S. in 2014. Patients suffering from lifestyle diseases like cardiac disorders are likely to experience hypertension throughout their life. Hence, there is a growing need for pressure monitoring amongst such kind of patients, thereby, increasing the demand for pressure monitoring devices.
Rising geriatric population is another significant driver stimulating the growth of the market. Aging population commonly suffers from hypertension and is highly susceptible to chronic diseases. This age group that experiences cardiac and respiratory diseases is expected to contribute toward the high growth of the pressure monitoring market in the near future.
Technological advancements are also spurring in the market due to the introduction of novel pressure monitoring devices. Many products are connected to smartphones so that people can self-monitor their blood pressure with ease. In addition, key players are manufacturing devices that measure intraocular pressure in order to reduce the risk of glaucoma.
List of Key Players of Pressure Monitoring Market
Related Press Release: Pressure Monitoring Market Report
Pressure Monitoring Market Report Highlights
Report Attribute |
Details |
Market size value in 2024 |
USD 12.5 billion |
Revenue forecast in 2030 |
USD 20.3 billion |
Growth rate |
CAGR of 8.4% from 2024 to 2030 |
Actual data |
2018 - 2023 |
Forecast period |
2024 - 2030 |
Pressure Monitoring Market Segmentation
Grand View Research has segmented global pressure monitoring market report based on product, procedure, application, end-use, and region:
Pressure Monitoring Product Outlook (Revenue, USD Million, 2018 - 2030)
Pressure Monitoring Procedure Outlook (Revenue, USD Million, 2018 - 2030)
Pressure Monitoring Application Outlook (Revenue, USD Million, 2018 - 2030)
Pressure Monitoring End-use Outlook (Revenue, USD Million, 2018 - 2030)
Pressure Monitoring Regional Outlook (Revenue, USD Million, 2018 - 2030)
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