Tyres for Mountain Biking Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
From 2023 to 2033, the ABPM device market is expected to experience even more substantial growth. The global healthcare industry is shifting towards a more patient-centric approach, and ABPM devices are at the forefront of this trend, offering convenience and real-time data collection for healthcare providers. Innovations such as wireless connectivity, integration with mobile applications, and AI-powered analytics are set to revolutionize the market. Additionally, as telemedicine continues to expand, ABPM devices will become integral in enabling remote monitoring and personalized treatment regimens for patients with chronic conditions.
The increasing adoption of ABPM devices is also fueled by the growing awareness of the importance of early detection of hypertension and other cardiovascular risks. Moreover, government and private healthcare investments in digital health infrastructure will drive market expansion, particularly in emerging economies where access to healthcare facilities is limited. Forecasts suggest a strong demand for advanced ABPM devices in these regions, as the adoption of wearable healthcare technology rises.
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The ABPM (Ambulatory Blood Pressure Monitoring) device market has seen significant growth and transformation between 2018 and 2022. This period marked a steady increase in the demand for ABPM devices driven by advancements in healthcare technology, rising awareness of hypertension, and growing adoption of non-invasive diagnostic tools. With healthcare systems worldwide emphasizing preventive care and remote monitoring, the need for portable, reliable blood pressure monitoring solutions surged during this time. Several key factors played a crucial role in boosting the ABPM device market during this period, including enhanced accuracy of devices, patient comfort, and the increasing prevalence of cardiovascular diseases.
Schwalbe
Maxxis
Vittoria
WTB
Continental
Kenda
Michelin
E*Thirteen
Hutchinson
Specialized
Bontrager
Goodyear
Panaracer
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 Global Tyres for Mountain Biking Market
Professional Athletes
Amateur
Based on Types the Market is categorized into Below types that held the largest Tyres for Mountain Biking market share In 2023.
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27.5â€
26â€
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Tyres for Mountain Biking 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. Global Tyres for Mountain Biking Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Tyres for Mountain Biking Market, By Type
6. Global Tyres for Mountain Biking Market, By Application
7. Global Tyres for Mountain Biking Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Tyres for Mountain Biking Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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