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Blood Pressure Monitoring Devices Market To Reach USD 10.8 Billion By 2032, Report By DataHorizzon Research [Yahoo! Finance]

Koninklijke Philips N.V. NY Registry Shares (PHG) 
US:NYSE Investor Relations: philips.com/a-w/about/investor.html
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 21, 2024 (GLOBE NEWSWIRE) -- Population growth, followed by a rise in spending on healthcare, drives the market growth. The blood pressure monitoring devices market is poised for significant growth, particularly in untapped markets and regions witnessing a surge in health awareness. Emerging economies like China, India, and Brazil, boasting large populations and a rise in healthcare spending, represent lucrative opportunities for manufacturers of blood pressure monitoring devices. According to a report by the World Economic Forum, healthcare expenditure in emerging markets is projected to soar to USD 4.2 trillion by 2025, up from USD 2.4 trillion in 2015. Moreover, the mounting health consciousness and government initiatives aimed at promoting preventive healthcare and managing conditions like hypertension are anticipated to propel the adoption of blood pressure monitoring devices. For instance, the Indian government's launch of the National Progra Show less Read more
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