Blood Pressure Monitoring Devices Market - Insights for Business Growth Report 2024-2032

Blood Pressure Monitoring Devices Market Synopsis:

Blood Pressure Monitoring Devices Market Size Was Valued at USD 1.83 Billion in 2023, and is Projected to Reach USD 3.97 Billion by 2032, Growing at a CAGR of 9.1% From 2024-2032.

Blood pressure measurers, are known to be medical instruments whose primary function is to assess the force of blood pushing the walls of arteries every time the heart pumps it all over the body. These gadgets are very helpful in identifying and treating some illnesses such as hypertension, heart diseases and stroke. Blood pressure monitors typically come in two main types: bimanual (auscultative and oscillometric) and fully automatic (digital). They are employed in the hospitals, clinics, and federal home care in the management of blood pressure for people of all age.

Blood Pressure Monitoring Devices is one of the most valuable segments in the world healthcare market, mainly due to the higher frequency of cardiovascular diseases like hypertension and stroke. Since many people develop hypertension due to poor lifestyles, and the increasing cases of aging, consumers have been demanding better monitoring equipment. This market encompasses simple fully manual non-invasive sphygmomanometers to smart pressure monitors equipped with features such as data storage, Bluetooth connectivity with smartphones, and higher degrees of accuracy algorithms.

Market has greatly been influenced by technology development, where manufacturers have come up with wireless, portable, and easy to use types for home use. These have helped people to monitor the blood pressure frequently and the patients to be more informed outside the healthcare setting. In addition, growing education regarding the requisite blood pressure check-ups, and governmental schemes and global cardiovascular health awareness have pushed for the expansion of this market. Hence, many developed and emerging markets are noticing higher sales of blood pressure monitoring devices but those devices that are easy to use or which provide more accuracy are preferred.

Blood Pressure Monitoring Devices Market Trend Analysis:

Digitalization in Blood Pressure Monitoring

• Among other prominent trends in the global blood pressure monitoring devices market, a move towards digitalization can be discovered. Smart devices have brought significant changes into conventional blood pressure measuring devices making them more precise, efficient and portable. Today, however, devices have already been developed and are capable of connecting through Bluetooth, where you can transmit your measurements to mobile applications, to doctors and for monitoring the progression of your condition. The latter digital models also offer alarms for the critical levels, and help decide about the required interventions to the patient. Also, many of such devices provide additional features like the ability to have a larger display screen, the ability to memorize previous readings, and even some of the devices even synchronize with the electronic health record systems, and therefore, such devices ought to be important for healthcare professions and patients.
• This digital revolution is also being seen in the rise in the numbers of wearable device that for instance measures blood pressure continuously and enables real time data that is available through the connected platform. These wearable devices are gradually becoming popular since they can help individuals who have tight schedules as well as constantly deliver data, which is vital when it comes to reviewing a patient’s progress at a specific given period. It has become not only a valuable addition to the processes of diagnosing and treating diseases but has also become the factor that contributes to the development of new approaches used by healthcare specialists in the management of cardiovascular diseases, including blood pressure monitoring devices.

Expanding Healthcare Access in Emerging Markets

• The growth in the blood pressure monitoring devices market is highly lucid in the emerging economies due to the continuously increasing prevalence of hypertension and other cardiovascular diseases, and fewer consumer preferences for monitoring devices. In these parts of the world there is however a demographic need for relatively cheap and easy to use devices, which can be used by as many people as possible and especially from rural areas. These regions are gradually experiencing growth in their healthcare facilities, and their consumption power, as defined by disposable incomes, is as well continuing to increase with time, meaning that these consumers are more aware of the need to maintain their health and spend money on products such as normal blood pressure check devices more frequently.

Blood Pressure Monitoring Devices Market Segment Analysis:

Blood Pressure Monitoring Devices Market is Segmented on the basis of Type, Application, End User, and Region

By Type, Digital BP Monitors segment is expected to dominate the market during the forecast period

• Due to several reasons the Digital BP Monitors segment is anticipated to remain the largest segment in the blood pressure monitoring devices market throughout the forecast period. New technology blood pressure devices are more used due to their simplicity, reliability and flexibility to use. They reduce dependence on manual reading which make them faster and easier ways by which measurement can be conducted. Some of the aspects which include large, clear display, memory, storage for previous readings, connectivity of the device to different mobile applications or the healthcare system, make the digital BP monitors to suit both the end-users and the healthcare providers. Also, expanding home monitoring and the new possibilities of wearable health devices were noted as factors that promote the development of this segment and make digital monitors the most accessible for constant monitoring of blood pressure. It is therefore anticipated that even with advancements in technology, the digital BP monitors will continue to be the leading product segment especially in areas where hypertension awareness is on the rise and there is the need for easy-to-use devices for monitoring health.

By Application, Blood Pressure Cuffs segment expected to held the largest share

• The Blood Pressure Cuffs segmentation is believed to account for the largest market share owing to its application in both clinical and non-clinical settings. Thermometers, stethoscopes, blood pressure cuffs … manual and digital: the blood pressure cuff stays indispensable for BP measurement. While in the clinic they used by clinicians for accurate measurements and precise readings, at home, DUAL displays growing popularity due to simplicity and user-friendly approach. Further, convenience and low costs associated with blood pressure cuff make it possible for it to continue dominating the market. Due to increasing awareness levels about hypertension and the necessity of frequent blood pressure monitoring, the blood pressure cuffs segment is expected to retain its market dominance in terms of sales, and receiving continual developments in products’ styles and technologies for providing improved user-friendliness and accuracy of measurements.

Blood Pressure Monitoring Devices Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• In 2023 North America held the largest market share in the blood pressure monitoring devices mainly due to the high incidences of hypertension, well developed health care sector, and the use of new technologies. The percentage of the market in the U.S. grew because of the increased demand for home healthcare products caused by the aging population and rising healthcare awareness. North America has a market share amounting to 35-40% in 2023; future growth will be inclined due to rising consumer consciousness and the inevitable use of the digital health solutions.

Active Key Players in the Blood Pressure Monitoring Devices Market

• A&D Company (Japan)
• American Diagnostics Corporation (USA)
• Beurer (Germany)
• Bosch + Sohn GmbH (Germany)
• GE Healthcare (USA)
• Medtronic (Ireland)
• Microlife (Switzerland)
• Omron Healthcare (Japan)
• Panasonic Healthcare (Japan)
• Philips Healthcare (Netherlands)
• Rossmax International Ltd. (Taiwan)
• SunTech Medical (USA)
• Welch Allyn (USA)
• Withings (France)
• Xiaomi (China)
• Other Active Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Blood Pressure Monitoring Devices Market by Type
 4.1 Blood Pressure Monitoring Devices Market Snapshot and Growth Engine
 4.2 Blood Pressure Monitoring Devices Market Overview
 4.3 Devices Sphygmomanometer
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Devices Sphygmomanometer: Geographic Segmentation Analysis
 4.4 Digital BP Monitors
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Digital BP Monitors: Geographic Segmentation Analysis
 4.5 and Ambulatory BP Monitors
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 and Ambulatory BP Monitors: Geographic Segmentation Analysis

Chapter 5: Blood Pressure Monitoring Devices Market by Application
 5.1 Blood Pressure Monitoring Devices Market Snapshot and Growth Engine
 5.2 Blood Pressure Monitoring Devices Market Overview
 5.3 Blood Pressure Cuffs
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Blood Pressure Cuffs: Geographic Segmentation Analysis
 5.4 Transducers
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Transducers: Geographic Segmentation Analysis
 5.5 and Others
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 and Others: Geographic Segmentation Analysis

Chapter 6: Blood Pressure Monitoring Devices Market by End User
 6.1 Blood Pressure Monitoring Devices Market Snapshot and Growth Engine
 6.2 Blood Pressure Monitoring Devices Market Overview
 6.3 Hospitals & Clinics
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Hospitals & Clinics: Geographic Segmentation Analysis
 6.4 Home Healthcare
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Home Healthcare: Geographic Segmentation Analysis
 6.5 and Others
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 and Others: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Blood Pressure Monitoring Devices Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions  
 7.2 A&D COMPANY (JAPAN)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 AMERICAN DIAGNOSTICS CORPORATION (USA)
 7.4 BEURER (GERMANY)
 7.5 BOSCH + SOHN GMBH (GERMANY)
 7.6 GE HEALTHCARE (USA)
 7.7 MEDTRONIC (IRELAND)
 7.8 MICROLIFE (SWITZERLAND)
 7.9 OMRON HEALTHCARE (JAPAN)
 7.10 PANASONIC HEALTHCARE (JAPAN)
 7.11 PHILIPS HEALTHCARE (NETHERLANDS)
 7.12 ROSSMAX INTERNATIONAL LTD. (TAIWAN)
 7.13 SUNTECH MEDICAL (USA)
 7.14 WELCH ALLYN (USA)
 7.15 WITHINGS (FRANCE)
 7.16 XIAOMI (CHINA)
 7.17 OTHER ACTIVE PLAYERS

Chapter 8: Global Blood Pressure Monitoring Devices Market By Region
 8.1 Overview
 8.2. North America Blood Pressure Monitoring Devices Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 Devices Sphygmomanometer
  8.2.4.2 Digital BP Monitors
  8.2.4.3 and Ambulatory BP Monitors
  8.2.5 Historic and Forecasted Market Size By Application
  8.2.5.1 Blood Pressure Cuffs
  8.2.5.2 Transducers
  8.2.5.3 and Others
  8.2.6 Historic and Forecasted Market Size By End User
  8.2.6.1 Hospitals & Clinics
  8.2.6.2 Home Healthcare
  8.2.6.3 and Others
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Blood Pressure Monitoring Devices Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 Devices Sphygmomanometer
  8.3.4.2 Digital BP Monitors
  8.3.4.3 and Ambulatory BP Monitors
  8.3.5 Historic and Forecasted Market Size By Application
  8.3.5.1 Blood Pressure Cuffs
  8.3.5.2 Transducers
  8.3.5.3 and Others
  8.3.6 Historic and Forecasted Market Size By End User
  8.3.6.1 Hospitals & Clinics
  8.3.6.2 Home Healthcare
  8.3.6.3 and Others
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Russia
  8.3.7.2 Bulgaria
  8.3.7.3 The Czech Republic
  8.3.7.4 Hungary
  8.3.7.5 Poland
  8.3.7.6 Romania
  8.3.7.7 Rest of Eastern Europe
 8.4. Western Europe Blood Pressure Monitoring Devices Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 Devices Sphygmomanometer
  8.4.4.2 Digital BP Monitors
  8.4.4.3 and Ambulatory BP Monitors
  8.4.5 Historic and Forecasted Market Size By Application
  8.4.5.1 Blood Pressure Cuffs
  8.4.5.2 Transducers
  8.4.5.3 and Others
  8.4.6 Historic and Forecasted Market Size By End User
  8.4.6.1 Hospitals & Clinics
  8.4.6.2 Home Healthcare
  8.4.6.3 and Others
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 The Netherlands
  8.4.7.5 Italy
  8.4.7.6 Spain
  8.4.7.7 Rest of Western Europe
 8.5. Asia Pacific Blood Pressure Monitoring Devices Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 Devices Sphygmomanometer
  8.5.4.2 Digital BP Monitors
  8.5.4.3 and Ambulatory BP Monitors
  8.5.5 Historic and Forecasted Market Size By Application
  8.5.5.1 Blood Pressure Cuffs
  8.5.5.2 Transducers
  8.5.5.3 and Others
  8.5.6 Historic and Forecasted Market Size By End User
  8.5.6.1 Hospitals & Clinics
  8.5.6.2 Home Healthcare
  8.5.6.3 and Others
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Blood Pressure Monitoring Devices Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 Devices Sphygmomanometer
  8.6.4.2 Digital BP Monitors
  8.6.4.3 and Ambulatory BP Monitors
  8.6.5 Historic and Forecasted Market Size By Application
  8.6.5.1 Blood Pressure Cuffs
  8.6.5.2 Transducers
  8.6.5.3 and Others
  8.6.6 Historic and Forecasted Market Size By End User
  8.6.6.1 Hospitals & Clinics
  8.6.6.2 Home Healthcare
  8.6.6.3 and Others
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkiye
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Blood Pressure Monitoring Devices Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 Devices Sphygmomanometer
  8.7.4.2 Digital BP Monitors
  8.7.4.3 and Ambulatory BP Monitors
  8.7.5 Historic and Forecasted Market Size By Application
  8.7.5.1 Blood Pressure Cuffs
  8.7.5.2 Transducers
  8.7.5.3 and Others
  8.7.6 Historic and Forecasted Market Size By End User
  8.7.6.1 Hospitals & Clinics
  8.7.6.2 Home Healthcare
  8.7.6.3 and Others
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research