
Global & Finland Pressure Monitoring Devices Market to 2033
Description
The market for pressure monitoring devices in Finland is both well-established and technologically sophisticated. This sector is significantly shaped by several factors, including a rapidly aging demographic, a high incidence of chronic diseases, and a national commitment to advancing digital health and data utilization. These elements collectively foster a steady demand for precise, dependable, and increasingly integrated monitoring solutions that cater to both conventional clinical practices and innovative home care models.
Finland is currently witnessing a significant demographic transition characterized by an increase in the elderly population. By the year 2025, it is anticipated that individuals aged 65 and older will make up approximately 24.20% of the total population. Projections suggest that by 2031, the number of elderly individuals will exceed that of the younger population by more than twofold, presenting a considerable demographic challenge for the nation. This trend of an aging population is closely associated with a rising prevalence of chronic noncommunicable diseases (NCDs), which have become a primary concern within Finland's healthcare framework. Although comprehensive prevalence data for all NCDs may not always be readily accessible, public health reports from the World Health Organization (WHO) European Region, which includes Finland, highlight the persistent challenges posed by chronic diseases. The prevalence of widespread chronic conditions, particularly cardiovascular diseases and ailments associated with aging, underscores the necessity for continuous and accurate pressure monitoring. Such monitoring is essential for effective diagnosis, management, and the prevention of complications related to these health issues.
Finland stands out as a global frontrunner in the realm of digital transformation, particularly in the field of digital health innovation. The country has adopted a proactive approach to digital health, exemplified by initiatives such as the Health 360 Finland program, which is spearheaded by Business Finland. This program supports companies that are developing digital health solutions aimed at global markets, reflecting a strong domestic focus on the development and adoption of connected health technologies, including advanced pressure monitoring devices.
The Finnish healthcare system is well-funded and features a robust regulatory framework, creating a stable environment for the market of pressure monitoring devices. As a member of the European Union, Finland adheres strictly to the EU Medical Device Regulation (MDR) (Regulation (EU) 2017/745). The Finnish Medicines Agency, known as Fimea, oversees the regulation of market access for medical products, ensuring that they comply with EU standards. Additionally, the Finnish classification of procedures (THL) underwent an update in January 2025, introducing new procedure codes that became effective in February 2025. This update has implications for various fields, including diagnostic imaging. Furthermore, Finland is in the process of implementing a new Digi-HTA (Digital Health Technology Assessment) process, which aims to provide impartial evaluations of digital health technologies. This initiative demonstrates Finland's commitment to integrating and assessing digital medical devices effectively.
The combination of substantial healthcare investments, a strong digital infrastructure, and stringent EU-aligned regulations positions Finland as a progressive and expanding market for pressure monitoring devices. The emphasis on digital health not only enhances the capabilities of healthcare providers but also empowers patients to engage more actively in their health management. As the population ages and the prevalence of chronic diseases rises, the demand for innovative monitoring solutions will likely continue to grow.
Moreover, the integration of digital health technologies into everyday healthcare practices is expected to facilitate better patient outcomes. For instance, smart pressure monitoring devices can provide real-time data to healthcare professionals, enabling timely interventions and personalized care plans. This shift towards more connected and data-driven healthcare models aligns with global trends and reflects Finland's commitment to improving health outcomes through technology.
In conclusion, the pressure monitoring devices market in Finland is poised for growth, driven by demographic changes, the prevalence of chronic diseases, and a strong focus on digital health innovation. The supportive regulatory environment and the proactive initiatives undertaken by the Finnish government and healthcare sector further enhance the potential for advancements in this field. As Finland continues to embrace digital transformation in healthcare, the demand for sophisticated pressure monitoring solutions will likely increase, paving the way for improved health management and patient care.
Finland is currently witnessing a significant demographic transition characterized by an increase in the elderly population. By the year 2025, it is anticipated that individuals aged 65 and older will make up approximately 24.20% of the total population. Projections suggest that by 2031, the number of elderly individuals will exceed that of the younger population by more than twofold, presenting a considerable demographic challenge for the nation. This trend of an aging population is closely associated with a rising prevalence of chronic noncommunicable diseases (NCDs), which have become a primary concern within Finland's healthcare framework. Although comprehensive prevalence data for all NCDs may not always be readily accessible, public health reports from the World Health Organization (WHO) European Region, which includes Finland, highlight the persistent challenges posed by chronic diseases. The prevalence of widespread chronic conditions, particularly cardiovascular diseases and ailments associated with aging, underscores the necessity for continuous and accurate pressure monitoring. Such monitoring is essential for effective diagnosis, management, and the prevention of complications related to these health issues.
Finland stands out as a global frontrunner in the realm of digital transformation, particularly in the field of digital health innovation. The country has adopted a proactive approach to digital health, exemplified by initiatives such as the Health 360 Finland program, which is spearheaded by Business Finland. This program supports companies that are developing digital health solutions aimed at global markets, reflecting a strong domestic focus on the development and adoption of connected health technologies, including advanced pressure monitoring devices.
The Finnish healthcare system is well-funded and features a robust regulatory framework, creating a stable environment for the market of pressure monitoring devices. As a member of the European Union, Finland adheres strictly to the EU Medical Device Regulation (MDR) (Regulation (EU) 2017/745). The Finnish Medicines Agency, known as Fimea, oversees the regulation of market access for medical products, ensuring that they comply with EU standards. Additionally, the Finnish classification of procedures (THL) underwent an update in January 2025, introducing new procedure codes that became effective in February 2025. This update has implications for various fields, including diagnostic imaging. Furthermore, Finland is in the process of implementing a new Digi-HTA (Digital Health Technology Assessment) process, which aims to provide impartial evaluations of digital health technologies. This initiative demonstrates Finland's commitment to integrating and assessing digital medical devices effectively.
The combination of substantial healthcare investments, a strong digital infrastructure, and stringent EU-aligned regulations positions Finland as a progressive and expanding market for pressure monitoring devices. The emphasis on digital health not only enhances the capabilities of healthcare providers but also empowers patients to engage more actively in their health management. As the population ages and the prevalence of chronic diseases rises, the demand for innovative monitoring solutions will likely continue to grow.
Moreover, the integration of digital health technologies into everyday healthcare practices is expected to facilitate better patient outcomes. For instance, smart pressure monitoring devices can provide real-time data to healthcare professionals, enabling timely interventions and personalized care plans. This shift towards more connected and data-driven healthcare models aligns with global trends and reflects Finland's commitment to improving health outcomes through technology.
In conclusion, the pressure monitoring devices market in Finland is poised for growth, driven by demographic changes, the prevalence of chronic diseases, and a strong focus on digital health innovation. The supportive regulatory environment and the proactive initiatives undertaken by the Finnish government and healthcare sector further enhance the potential for advancements in this field. As Finland continues to embrace digital transformation in healthcare, the demand for sophisticated pressure monitoring solutions will likely increase, paving the way for improved health management and patient care.
Table of Contents
131 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Finland Pressure Monitoring Devices Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Pressure Monitoring Devices Market Key Market Dynamics
- 5.1 Pressure Monitoring Devices Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Finland Pressure Monitoring Devices Market – Analysis
- 6.1 Finland Pressure Monitoring Devices Market Revenue (US$ Million), 2022–2033
- 6.2 Finland Pressure Monitoring Devices Market Revenue and Forecast Analysis
- 7. Finland Pressure Monitoring Devices Market Analysis – by Product
- 7.1 Finland Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Finland Pressure Monitoring Devices Market Analysis – by Application
- 8.1 Finland Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 9. Finland Pressure Monitoring Devices Market Analysis – by End User
- 9.1 Finland Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by End User
- 10. Competitive Landscape
- 10.1 Heat Map Analysis by Key Players
- 10.1 Company Positioning and Concentration
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.2 Partnerships and Collaborations
- 11.2 Other Developments
- 12. Company Profiles
- 12.1 Becton Dickinson and Co
- 12.1. 1 Key Facts
- 12.1. 2 Business Description
- 12.1. 3 Products and Services
- 12.1. 4 Financial Overview
- 12.1. 5 SWOT Analysis
- 12.1. 6 Key Developments
- 12.2 Baxter International Inc
- 12.2. 1 Key Facts
- 12.2. 2 Business Description
- 12.2. 3 Products and Services
- 12.2. 4 Financial Overview
- 12.2. 5 SWOT Analysis
- 12.2. 6 Key Developments
- 12.3 Dragerwerk AG & Co KGaA
- 12.3. 1 Key Facts
- 12.3. 2 Business Description
- 12.3. 3 Products and Services
- 12.3. 4 Financial Overview
- 12.3. 5 SWOT Analysis
- 12.3. 6 Key Developments
- 12.4 Omron Healthcare Inc
- 12.4. 1 Key Facts
- 12.4. 2 Business Description
- 12.4. 3 Products and Services
- 12.4. 4 Financial Overview
- 12.4. 5 SWOT Analysis
- 12.4. 6 Key Developments
- 12.5 Medtronic Plc
- 12.5. 1 Key Facts
- 12.5. 2 Business Description
- 12.5. 3 Products and Services
- 12.5. 4 Financial Overview
- 12.5. 5 SWOT Analysis
- 12.5. 6 Key Developments
- 12.6 Koninklijke Philips NV
- 12.6. 1 Key Facts
- 12.6. 2 Business Description
- 12.6. 3 Products and Services
- 12.6. 4 Financial Overview
- 12.6. 5 SWOT Analysis
- 12.6. 6 Key Developments
- 12.7 GE HealthCare Technologies Inc
- 12.7. 1 Key Facts
- 12.7. 2 Business Description
- 12.7. 3 Products and Services
- 12.7. 4 Financial Overview
- 12.7. 5 SWOT Analysis
- 12.7. 6 Key Developments
- 12.8 Integra LifeSciences Holdings Corp
- 12.8. 1 Key Facts
- 12.8. 2 Business Description
- 12.8. 3 Products and Services
- 12.8. 4 Financial Overview
- 12.8. 5 SWOT Analysis
- 12.8. 6 Key Developments
- 12.9 Abbott Laboratories
- 12.9. 1 Key Facts
- 12.9. 2 Business Description
- 12.9. 3 Products and Services
- 12.9. 4 Financial Overview
- 12.9. 5 SWOT Analysis
- 12.9. 6 Key Developments
- 12.10 Terumo Corp
- 12.10. 1 Key Facts
- 12.10. 2 Business Description
- 12.10. 3 Products and Services
- 12.10. 4 Financial Overview
- 12.10. 5 SWOT Analysis
- 12.10. 6 Key Developments
- 13. Appendix
- 13.1 About Business Market Insights
- 13.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. Finland Pressure Monitoring Devices Market Segmentation
- Table 2. List of Vendors
- Table 3. Finland Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million)
- Table 4. Finland Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million)
- Table 5. Finland Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by Product
- Table 6. Finland Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by Product
- Table 7. Finland Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by Application
- Table 8. Finland Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by Application
- Table 9. Finland Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by End User
- Table 10. Finland Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by End User
- Table 11. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. Finland Pressure Monitoring Devices Market Revenue, (US$ Million), 2022–2033
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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