Pulse Wave Sphygmomanometer Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 7.5% from 2026 to 2033, reaching USD 2.8 Billion by 2033.
The South Korean Pulse Wave Sphygmomanometer market is experiencing significant growth, driven by technological advancements and increasing health awareness. Pulse wave sphygmomanometers, known for their non-invasive and accurate blood pressure measurements, are gaining traction across various industries in South Korea.
In 2023, the South Korean blood pressure monitoring devices market generated a revenue of USD 254.7 million, with projections indicating growth to USD 518.2 million by 2030, reflecting a CAGR of 10.7% from 2024 to 2030. Aneroid blood pressure monitors were the largest revenue-generating product in 2023, while digital blood pressure monitors are anticipated to register the fastest growth during the forecast period.
Industries such as healthcare, wellness, and fitness are increasingly adopting pulse wave sphygmomanometers. Healthcare providers utilize these devices for accurate and continuous monitoring of patients' blood pressure, enhancing patient care and management. The wellness and fitness sectors leverage these monitors to offer consumers real-time health data, promoting proactive health management.
Technological integration plays a pivotal role in the market's expansion. Leading companies like Omron Healthcare are incorporating advanced technologies, including AI and IoT, into their devices, providing users with precise and real-time health information. This integration aligns with South Korea's robust digital infrastructure, fostering a connected healthcare ecosystem that supports remote monitoring and data sharing between patients and healthcare professionals.
Consumer preferences are shifting towards wearable devices that seamlessly blend into daily life. The demand for smart blood pressure meters is on the rise, with revenue projected to reach USD 80.40 million in 2025. This trend reflects a broader consumer desire for health devices that offer convenience, accuracy, and connectivity, enabling individuals to monitor their health proactively and make informed decisions.
In summary, the Pulse Wave Sphygmomanometer market in South Korea is poised for substantial growth, propelled by technological innovations and a heightened focus on health and wellness across various industries. This growth presents opportunities for companies to develop advanced, user-friendly devices that cater to the evolving needs of consumers and healthcare providers alike.
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Omron Healthcare
Inc.
Philips Healthcare
GE Healthcare
Welch Allyn
Inc.
A&D Medical
SunTech Medical
Inc.
Spacelabs Healthcare
CAS Medical Systems
Inc.
Schiller AG
Mindray Medical International Limited
Riester GmbH & Co. KG
Rudolf Riester GmbH
Meditech Equipment Co.
Ltd.
Shenzhen Creative Industry Co.
Ltd.
Riester Medical Instruments
Datascope Corp.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Pulse Wave Sphygmomanometer Market
Manual Sphygmomanometer
Digital Sphygmomanometer
Ambulatory Sphygmomanometer
Hospitals
Clinics
Home Care Settings
Ambulatory Surgical Centers
Blood Pressure Monitoring
Hypertension Diagnosis
Cardiovascular Disease Management
Online Retailers
Offline Retailers
Direct Sales
Oscillometric Technology
Auscultatory Technology
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Pulse Wave Sphygmomanometer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Pulse Wave Sphygmomanometer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Pulse Wave Sphygmomanometer Market, By Type
6. South Korea Pulse Wave Sphygmomanometer Market, By Application
7. South Korea Pulse Wave Sphygmomanometer Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Pulse Wave Sphygmomanometer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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