
Global & Nigeria Pressure Monitoring Devices Market to 2033
Description
The market for pressure monitoring devices in Nigeria is experiencing significant growth, driven by a combination of factors including a rising prevalence of non-communicable diseases (NCDs), a burgeoning population, and a governmental commitment to advancing digital health initiatives. Despite facing ongoing infrastructural and regulatory hurdles, the landscape for healthcare technology in Nigeria is evolving rapidly.
Hypertension poses a major public health challenge in Nigeria, with prevalence rates estimated between 22% and 44% across various regions. The findings from the 2024 Nigeria Demographic Health Survey (NDHS) underscore the severity of this issue, revealing that awareness and treatment rates for hypertension are critically low. Only 29% of individuals diagnosed with hypertension are aware of their condition, a mere 12% are receiving any form of treatment, and only 2.8% have their blood pressure effectively managed. Additionally, diabetes affects around 5 million Nigerians, with a significant number of cases remaining undiagnosed. The impact of NCDs is stark, accounting for approximately 30% of annual deaths in the country, highlighting the urgent need for effective monitoring and management solutions.
Nigeria is home to the largest population in Africa, projected to reach 237.5 million by 2025. Although the segment of the population aged 65 and older is relatively small, comprising only 3% of the total population, the overall growth in population size will inevitably lead to an increase in the number of individuals at risk for age-related NCDs. This demographic shift is expected to drive demand for pressure monitoring devices, as more individuals will require regular monitoring of their health conditions.
Technological advancements are playing a crucial role in shaping the healthcare market in Nigeria. The government has initiated several digital health programs, most notably the Nigeria Digital Health Initiative (NDHI), launched in March 2024. This initiative aims to transform the healthcare system by creating a cohesive digital health ecosystem. Key components of the NDHI include the establishment of an interoperable network for digital health services, a Health Claims Exchange (HCX) designed to streamline claims processing and minimize fraud, and a Health Information Exchange (HIE) that facilitates secure data sharing among healthcare facilities, both public and private. These efforts are anticipated to enhance clinical decision-making, improve public health surveillance, and foster innovation in the private sector, particularly in the development of health applications and digital tools. Telemedicine is also emerging as a viable solution to address healthcare access disparities, particularly in regions with inadequate infrastructure.
Government initiatives are pivotal in modernizing Nigeria's healthcare sector. The Nigeria Health Sector Renewal Investment Initiative (NHSRII) is a key element of President Bola Ahmed Tinubu's Renewed Hope Agenda, which seeks to enhance domestic health financing, improve health outcomes for the population, and bolster health security and infrastructure. Although the proposed health budget for 2025 is set at US$1.6 billion, representing 4.8% of the total national budget and slightly lower than the previous year's allocation, there is a strong focus on promoting local pharmaceutical manufacturing and advancing digital health transformation. The government is also encouraging private sector investment, with companies like Cassona Global Imaging making significant contributions by establishing diagnostic centers and hospitals equipped with advanced medical technology.
Despite these positive developments, regulatory challenges remain a significant concern. A review of medical device regulations in Nigeria conducted in 2025 highlighted ongoing issues related to enforcement, compliance, and alignment with international standards. However, it also recognized progress in certain areas and outlined future directions aimed at improving training and fostering collaborative efforts among stakeholders.
In summary, the market for pressure monitoring devices in Nigeria is on an upward trajectory, driven by the pressing health needs of the population and a concerted effort towards technological advancement in healthcare. The combination of a growing burden of NCDs, an expanding population, and government initiatives aimed at digital health transformation creates a fertile environment for the development and adoption of pressure monitoring technologies. As Nigeria continues to navigate its healthcare challenges, the demand for effective monitoring and management tools will likely increase, presenting opportunities for innovation and investment in this critical sector.
Hypertension poses a major public health challenge in Nigeria, with prevalence rates estimated between 22% and 44% across various regions. The findings from the 2024 Nigeria Demographic Health Survey (NDHS) underscore the severity of this issue, revealing that awareness and treatment rates for hypertension are critically low. Only 29% of individuals diagnosed with hypertension are aware of their condition, a mere 12% are receiving any form of treatment, and only 2.8% have their blood pressure effectively managed. Additionally, diabetes affects around 5 million Nigerians, with a significant number of cases remaining undiagnosed. The impact of NCDs is stark, accounting for approximately 30% of annual deaths in the country, highlighting the urgent need for effective monitoring and management solutions.
Nigeria is home to the largest population in Africa, projected to reach 237.5 million by 2025. Although the segment of the population aged 65 and older is relatively small, comprising only 3% of the total population, the overall growth in population size will inevitably lead to an increase in the number of individuals at risk for age-related NCDs. This demographic shift is expected to drive demand for pressure monitoring devices, as more individuals will require regular monitoring of their health conditions.
Technological advancements are playing a crucial role in shaping the healthcare market in Nigeria. The government has initiated several digital health programs, most notably the Nigeria Digital Health Initiative (NDHI), launched in March 2024. This initiative aims to transform the healthcare system by creating a cohesive digital health ecosystem. Key components of the NDHI include the establishment of an interoperable network for digital health services, a Health Claims Exchange (HCX) designed to streamline claims processing and minimize fraud, and a Health Information Exchange (HIE) that facilitates secure data sharing among healthcare facilities, both public and private. These efforts are anticipated to enhance clinical decision-making, improve public health surveillance, and foster innovation in the private sector, particularly in the development of health applications and digital tools. Telemedicine is also emerging as a viable solution to address healthcare access disparities, particularly in regions with inadequate infrastructure.
Government initiatives are pivotal in modernizing Nigeria's healthcare sector. The Nigeria Health Sector Renewal Investment Initiative (NHSRII) is a key element of President Bola Ahmed Tinubu's Renewed Hope Agenda, which seeks to enhance domestic health financing, improve health outcomes for the population, and bolster health security and infrastructure. Although the proposed health budget for 2025 is set at US$1.6 billion, representing 4.8% of the total national budget and slightly lower than the previous year's allocation, there is a strong focus on promoting local pharmaceutical manufacturing and advancing digital health transformation. The government is also encouraging private sector investment, with companies like Cassona Global Imaging making significant contributions by establishing diagnostic centers and hospitals equipped with advanced medical technology.
Despite these positive developments, regulatory challenges remain a significant concern. A review of medical device regulations in Nigeria conducted in 2025 highlighted ongoing issues related to enforcement, compliance, and alignment with international standards. However, it also recognized progress in certain areas and outlined future directions aimed at improving training and fostering collaborative efforts among stakeholders.
In summary, the market for pressure monitoring devices in Nigeria is on an upward trajectory, driven by the pressing health needs of the population and a concerted effort towards technological advancement in healthcare. The combination of a growing burden of NCDs, an expanding population, and government initiatives aimed at digital health transformation creates a fertile environment for the development and adoption of pressure monitoring technologies. As Nigeria continues to navigate its healthcare challenges, the demand for effective monitoring and management tools will likely increase, presenting opportunities for innovation and investment in this critical sector.
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. Nigeria 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. Nigeria Pressure Monitoring Devices Market – Analysis
- 6.1 Nigeria Pressure Monitoring Devices Market Revenue (US$ Million), 2022–2033
- 6.2 Nigeria Pressure Monitoring Devices Market Revenue and Forecast Analysis
- 7. Nigeria Pressure Monitoring Devices Market Analysis – by Product
- 7.1 Nigeria Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Nigeria Pressure Monitoring Devices Market Analysis – by Application
- 8.1 Nigeria Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 9. Nigeria Pressure Monitoring Devices Market Analysis – by End User
- 9.1 Nigeria 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. Nigeria Pressure Monitoring Devices Market Segmentation
- Table 2. List of Vendors
- Table 3. Nigeria Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million)
- Table 4. Nigeria Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million)
- Table 5. Nigeria Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by Product
- Table 6. Nigeria Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by Product
- Table 7. Nigeria Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by Application
- Table 8. Nigeria Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by Application
- Table 9. Nigeria Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by End User
- Table 10. Nigeria 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. Nigeria 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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