| Product Code: ETC8635923 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria saw significant imports of sphygmomanometers/aneroid BP monitors from top countries including China, Metropolitan France, India, Belgium, and the USA. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low indicating a diverse import market. However, the industry experienced a notable decline with a Compound Annual Growth Rate (CAGR) of -24.27% from 2020 to 2024. Furthermore, the growth rate in 2024 decreased by -33.6% compared to the previous year, pointing towards challenging market conditions for importers of these medical devices in Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Sphygmomanometer/Aneroid BP Monitor Market - Industry Life Cycle |
3.4 Nigeria Sphygmomanometer/Aneroid BP Monitor Market - Porter's Five Forces |
3.5 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of monitoring blood pressure regularly |
4.2.2 Growing prevalence of lifestyle-related diseases such as hypertension and cardiovascular diseases |
4.2.3 Technological advancements in sphygmomanometers leading to more accurate and user-friendly devices |
4.3 Market Restraints |
4.3.1 High cost associated with advanced sphygmomanometers restricting adoption in certain segments of the population |
4.3.2 Limited healthcare infrastructure and access in some regions of Nigeria affecting the distribution and usage of sphygmomanometers |
4.3.3 Presence of counterfeit or substandard sphygmomanometers in the market leading to concerns about reliability and accuracy |
5 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Trends |
6 Nigeria Sphygmomanometer/Aneroid BP Monitor Market, By Types |
6.1 Nigeria Sphygmomanometer/Aneroid BP Monitor Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Electronic Sphygmomanometer, 2021- 2031F |
6.1.4 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Aneroid Sphygmomanometer, 2021- 2031F |
6.1.5 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Mercury Sphygmomanometer, 2021- 2031F |
6.2 Nigeria Sphygmomanometer/Aneroid BP Monitor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Hospital, 2021- 2031F |
6.2.3 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Clinic, 2021- 2031F |
6.2.4 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Family, 2021- 2031F |
6.2.5 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenues & Volume, By Other, 2021- 2031F |
7 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Import-Export Trade Statistics |
7.1 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Export to Major Countries |
7.2 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Imports from Major Countries |
8 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Key Performance Indicators |
8.1 Percentage increase in the number of health screenings conducted in Nigeria |
8.2 Adoption rate of digital sphygmomanometers compared to traditional analog ones |
8.3 Number of partnerships between healthcare providers and sphygmomanometer manufacturers for promoting regular blood pressure monitoring |
8.4 Rate of integration of sphygmomanometers with telemedicine platforms for remote monitoring of patients |
9 Nigeria Sphygmomanometer/Aneroid BP Monitor Market - Opportunity Assessment |
9.1 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Sphygmomanometer/Aneroid BP Monitor Market - Competitive Landscape |
10.1 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Sphygmomanometer/Aneroid BP Monitor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |