Market Overview
The Global
Blood Pressure Monitoring Device Market is expected to reach a value of
USD 5.7 billion in 2024, and it is further anticipated to reach a market value of
USD 13.2 billion by 2033 at a
CAGR of 9.8%.
Dimension Market Research identifies that this sector is probable to witness remarkable growth in the span of 2024 - 2033 considering the increasing attention of the consumers towards healthcare which consequently boosting the growth of this market.
As regular people are getting more engaged in work life, they are suffering from various mental conditions as well as physical stress which leads to incidences of patients suffering from high blood pressure that can turn into a fatal condition if it is ignored. As the older population is growing globally, it is subsequently influencing the demand for blood pressure monitors which is driving the growth of this market further.
According to the Heart Associations of America, the American Society of Hypertension, the European Society of Hypertension & NICE (National Institute for Health and Care Excellence) suggested that blood pressure must be recorded twice a day for seven days continuously. Preferably, measurement of blood pressure should be taken in the morning and evening every day and two measurements from different points of the body should be taken 1 and 2 minutes apart.
Key Takeaways
- The sphygmomanometer/aneroid blood pressure monitors are expected to exert their dominance on the product segment as it holds 38.5% in 2024.
- Hospitals are projected to command the end user segment in the blood pressure monitoring device market as they hold 67.9% of market share in 2024.
- North America is expected to hold the market share of 40.8% in 2024.
- The Global Blood Pressure Monitoring Device Market size is estimated to have a value of USD 5.2 billion in 2024.
- The market is growing at a CAGR of 9.8 percent over the forecasted period of 2024 to 2033.
Use Cases
- Blood pressure monitoring devices are used for diagnosis by healthcare professionals to diagnose hypertension (high blood pressure), and hypotension (low blood pressure).
- Patients suffering from chronic conditions like hypertension or heart disease often use blood pressure monitors at their home to track their BP levels regularly.
- Regular monitoring of BP help individuals identify any abnormalities in their health early on and take necessary steps to maintain a healthy lifestyle.
- Blood pressure monitoring devices commonly play a vital role in medical research studies and clinical trials that are targeted at specific populations.
- The purpose of these studies is to analyze blood pressure trends, examine the efficiency of new medications and interventions by using the collected data from these devices, and check the impact of lifestyle factors on cardiovascular health.
Market Dynamic
The widening screening market of global blood pressure monitor devices is mainly driven by the innovation of technologies concerning precision and usage experience, e.g. Bluetooth and wearable device integration. The rise in the elderly population, especially in many developed and developing countries, such as Canada, France, China, India, and Others is driving the demand for assistive devices soaring.
High blood pressure's prevalence grows in turn requiring diagnosis and management tools. The outpatient call systems gain popularity due to ease of use and low costs, which are further enhanced by government programs. There is an increase in telehealth accessibility, especially in remote areas due to the pandemic outbreak and this leads to the growth in demand for remote monitoring devices, welcoming the home monitoring and remote consultations practice.
Research Scope and Analysis
By Products
The sphygmomanometer/aneroid blood pressure monitors are expected to exert their dominance on this segment in the context of product as it hold 38.5% in 2024. Anersoid-type blood pressure monitors are majorly used in hospitals, clinics, and doctor's offices when patients visit for routine blood pressure readings by technicians.
Healthcare professionals use them a lot in checking for hypertension, monitoring cardiovascular patients, and assessment of overall prognosis related to the cardiovascular system. The known fact is that aneroid BP monitors are precise and can guarantee high credibility of their results when they have been used appropriately and calibrated regularly.
Medical staffs commonly render these monitors for their high levels of precision when obtaining blood pressure readings in diagnostic procedures. Aneroid BP machines can be considered cheaper for a lot of users ranging from healthcare facilities with constrained budgets and people economizing their monitoring solutions.
Aneroid BP monitors are strong devices that are suitable for being used by nurses to perform their daily responsibilities as they can work well in high-pressure hospitals. Correctly used, a blood pressure monitor can continue to provide an accurate blood pressure reading during its period of usage.
By End User
Hospitals are projected to command the end user segment in the blood pressure monitoring device market as they hold 67.9% of market share in 2024. In hospitals the blood pressure devices act as a part of daily patient assessment protocols where healthcare professionals routinely measure patients’ blood pressure after their admission, during ward rounds, before and after surgical procedures.
In emergency departments and critical care units, the importance of the precise and prompt measurement of blood pressure or systolic blood pressure cannot be emphasized enough.
It is vital for rapid triaging, prompt assessment of critically ill patients, and ongoing care of potentially fatal conditions. Aneroid BP monitors are a great backup for instant use by health visitors in emergencies, as a supplement for continuous monitoring, and as an alternative in the absence of automatic BP devices.
Surgical rooms and operating rooms in hospitals need constant monitoring of patient's vital signs, such as blood pressure, to be exercised regularly throughout the procedures. Aneroid BP monitors comprise the list of tools in an anesthesia provider's, circulating nurses, or surgery technologist's medical toolkit which are used to keep track of a patient's hemodynamic status thereby ensuring their safeness during the operation.
The Blood Pressure Monitoring Device Market Report is segmented on the basis of the following:
By Products
• Sphygmomanometer/Aneroid BP Monitor
• Automated/Digital Blood Pressure Monitor
• Ambulatory Blood Pressure Monitor
• Transducers
• Instruments And Accessories
o Disposable
o Reusable
Others
By End User
• Hospitals
• Ambulatory Surgical Centers & Clinics
• Homecare
Regional Analysis
North America is expected to hold the market
share of 40.8% in 2024 as it is known its health care services structure which is quite sophisticated. The primary one, among the list of potential causes of the dominance of this region is the increase in funds for making exact and efficient BP monitors. It is anticipated that this factor will fuel the expansion of the blood pressure monitoring devices market during the forecast period. However, industry is also anticipated to have fast growth because of new product launches as well as the growth of technology.
By this reason we have best conditions as there are opportunities without being filled, more manufacturers invest and, an increasing number of people know about it and as it leads to more number of people having hypertension. The quick upgrade of healthcare facilities and the high number of unsuspected and unattended high BP cases are coincidently fundamentals for the market growth in the region. Both successful government programs aimed at influence people and the fast-growing niche of such illnesses are leading to a market expansion of this region.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The competitive landscape of the global blood pressure monitoring device market is highly competitive with the presence of various major companies that are heavily investing in research and development to produce solutions that provide accurate data and make blood pressure testing more convenient for consumers.
Some of the major key players in the global blood pressure monitoring device market are Omron Healthcare Welch Allyn Inc., A&D Medical Inc., SunTech Medical Inc., American Diagnostics Corp., Withings, Briggs Healthcare, and many others. These companies are further boosting their position in this market by utilizing various strategies like partnerships, acquisitions, mergers, and collaborations with the primary aim of research and development to push forward due to the heavy investment by the major healthcare and pharmaceutical giants.
Some of the prominent players in the Global Blood Pressure Monitoring Device Market are:
- Omron Healthcare Welch Allyn, Inc.
- A&D Medical Inc.
- SunTech Medical, Inc.
- American Diagnostics Corp.
- Withings
- Briggs Healthcare
- GE Healthcare
- Kaz Inc.
- Microlife AG
- Rossmax International Ltd.
- GF Health Products Inc.
- Spacelabs Healthcare Inc.
- Philips Healthcare
- Hill-Rom Services Inc.
- Braun Healthcare
- Other Key Players
Recent Development
- In January 2024, Omron Healthcare announced its aims to expand in Indian market, targeting 20% penetration by 2030 in which the plans also include tripling sales, Chennai production facility, and partnerships for awareness.
- In November 2023, Apple reportedly plans to introduce Blood Pressure monitoring on its 2024 Apple Watch, aiming for accuracy and hypertension detection, along with sleep apnea detection.
- In August 2023, A study led by UCSF revealed that basic home blood pressure cuffs are as effective as smartphone-linked devices in controlling hypertension.
- In May 2023, Researchers developed BPClip, an ultra-low-cost blood pressure monitor, using a 3D-printed clip for smartphones. Feasibility studies showed promising results for accessibility and accuracy.
- In January 2022, Binah.ai introduces a video-based AI technology for contactless blood pressure monitoring via smartphones, tablets, and laptops, providing various vital signs measurements.
Report Details
Report Characteristics |
Market Size (2024) |
USD 5.7 Bn |
Forecast Value (2033) |
USD 13.2 Bn |
CAGR (2023-2032) |
9.8% |
Historical Data |
2018 – 2023 |
Forecast Data |
2024 – 2033 |
Base Year |
2023 |
Estimate Year |
2024 |
Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
Segments Covered |
By Product(Sphygmomanometer/Aneroid BP Monitor, Automated/Digital Blood Pressure Monitor, Ambulatory Blood Pressure Monitor, Transducers, and Instruments And Accessories), By End User (Hospitals, Ambulatory Surgical Centers & Clinics, and Homecare) |
Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
Prominent Players |
Omron Healthcare Welch Allyn Inc., A&D Medical Inc., SunTech Medical Inc., American Diagnostics Corp., Withings, Briggs Healthcare, GE Healthcare, Kaz Inc., Microlife AG, Rossmax International Ltd., GF Health Products Inc., Spacelabs Healthcare Inc., Philips Healthcare, Hill-Rom Services Inc., Braun Healthcare, and Other Key Players |
Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Global Blood Pressure Monitoring Device Market size is estimated to have a value of USD 5.7 billion in 2024 and is expected to reach USD 13.2 billion by the end of 2033.
North America has the largest market share for the Global Blood Pressure Monitoring Device Market with a share of about 40.8% in 2024.
Some of the major key players in the Global Blood Pressure Monitoring Device Market are Omron Healthcare Welch Allyn Inc., A&D Medical Inc., SunTech Medical Inc., American Diagnostics Corp. and many others.
The market is growing at a CAGR of 9.8 percent over the forecasted period.