Pressure Monitoring System Market Synopsis

Global Pressure Monitoring System Market size was valued at USD 17.03 Billion in 2023 and is projected to reach USD 50.35 Billion by 2032, growing at a CAGR of 12.8% from 2024 to 2032

Pressure monitoring plays an important role in detecting the health problems of a patient. The major fluctuations of pressure in the vital areas of the body may cause various chronic and acute diseases such as diabetes, cardiac arrest, and glaucoma.

• The increase in the prevalence of the above-mentioned diseases and the growing aging population have increased the need for pressure monitoring and control in the market. In addition, pressure monitoring devices are an absolute necessity for accurately measuring and keeping an eye on a patient's hypertension. Due to the high level of accuracy provided by the pulse-checking equipment, medical personnel are able to provide patients with the most effective care possible.
• Blood pressure monitoring is one of the most common applications in healthcare. It involves the measurement of systolic and diastolic blood pressure to assess cardiovascular health. In neurosurgery and critical care, intracranial pressure monitoring is crucial for assessing and managing conditions such as traumatic brain injury and intracranial hypertension. This is essential for patients with heart conditions, as it provides insights into cardiac function and helps guide treatment decisions. Used in ophthalmology to assess eye health, particularly in glaucoma diagnosis and management.

The Pressure Monitoring System Market Trend Analysis

Rising Prevalence of Chronic and Acute Diseases

• Many chronic and acute diseases require continuous monitoring of various physiological parameters, including blood pressure, intracranial pressure, and pulmonary pressure. Pressure monitoring systems provide healthcare professionals with the essential data needed to assess and manage these conditions effectively.
• Chronic conditions like hypertension (high blood pressure) are prevalent worldwide. Hypertension is a major risk factor for cardiovascular diseases, which are a leading cause of mortality. Regular blood pressure monitoring is crucial for managing hypertension and preventing related complications such as heart attacks and strokes.
• Acute neurological conditions, such as traumatic brain injury, intracranial hemorrhage, and hydrocephalus, necessitate monitoring of intracranial pressure (ICP) to prevent further damage and guide treatment. The increasing incidence of these conditions drives the demand for ICP monitoring systems.
• Chronic respiratory diseases like chronic obstructive pulmonary disease (COPD) and acute conditions like acute respiratory distress syndrome (ARDS) require monitoring of pulmonary artery pressure (PAP) to assess lung function and guide interventions. Pressure monitoring in the respiratory system is critical for managing these diseases.
• Diabetes is a chronic disease that can lead to hypertension and other cardiovascular complications. Regular blood pressure monitoring is essential for diabetic patients to manage their condition and reduce the risk of complications. As the global population ages, there is a higher prevalence of chronic conditions such as hypertension, diabetes, and heart disease. Older adults often require more extensive monitoring and management of these conditions, driving the demand for pressure monitoring systems. These factors are driving the growth of the market.

Opportunity in Growing Adoption in Home Care

• The aging population is more prone to chronic health conditions that require regular monitoring, including hypertension and heart disease. Pressure monitoring systems that are easy to use at home can empower older adults to take control of their health and reduce the need for frequent hospital visits. Many chronic diseases, such as diabetes and hypertension, benefit from continuous monitoring of vital signs like blood pressure. Home-based pressure monitoring systems enable patients to track their condition and medication effectiveness more conveniently, leading to better disease management. ZIM INTEGRATED SHIPPING SERVICES (ZIM)
• The expansion of telehealth services has created a demand for remote monitoring devices like home-based pressure monitors. Patients can share real-time data with healthcare providers, enabling timely interventions and reducing the burden on healthcare facilities. Home-based pressure monitoring systems offer patients the convenience of monitoring their health in the comfort of their homes. This convenience can lead to higher compliance with treatment plans and more proactive management of health conditions.
• Home care can reduce healthcare costs by decreasing the frequency of hospital admissions and emergency room visits. Pressure monitoring systems help in the early detection of health issues, potentially preventing costly complications. Beyond chronic disease management, home-based pressure monitoring can be part of wellness and preventive care programs. Individuals can use these devices for routine check-ups and early detection of potential health issues.

Pressure Monitoring System Market Segment Analysis:

Pressure Monitoring System market segments cover the Device Type, Application, and End-User. By Device Type, the Blood Pressure, segment is Anticipated to Dominate the Market Over the Forecast period.

• Blood pressure fluctuation plays a crucial role in the diagnosis of any chronic disease. The increasing prevalence of cardiovascular diseases, such as cardiac arrhythmia, hypertension, and others, are leading to the rising diagnostics procedures and significantly boosting the demand for these monitoring devices worldwide. Additionally, the increasing awareness of cardiovascular diseases among common people along with the rising shift from hospital care to home care settings are surging the demand for home blood pressure monitors and are subsequently set to fuel the blood pressure monitors market growth during the forecast period.
• Globally, the prevalence of chronic diseases, including hypertension, is increasing rapidly. For instance, according to a report by the Pan American Health Organization, in 2020, more than 30.0% of the adult population globally were affected by hypertension. Also, the government of different countries, as well as private healthcare organizations, are constantly promoting awareness of the effective management of hypertension. This is leading to increased self-diagnosis processes and routine checkups among common people, resulting in the rising demand for BP monitors.
• Blood pressure monitoring is a routine part of healthcare check-ups, both in clinical settings and for individual self-monitoring. This routine practice contributes to the high usage and demand for blood pressure monitoring devices. Many individuals with hypertension or other cardiovascular conditions monitor their blood pressure at home. Home blood pressure monitors are readily available and are easy to use, allowing patients to track their health regularly.

North America is Expected to Dominate the Market Over the Forecast Period.

• Factors such as increasing prevalence of chronic and acute diseases such as hypertension and cardiac diseases, technological advancements, acceptability of the non-invasive pressure monitors among the patients, and existence of key market players in North America are driving the growth of this market.
• North America boasts some of the most advanced and sophisticated healthcare infrastructures in the world. The region is home to numerous leading hospitals, research institutions, and medical device manufacturers. This robust healthcare ecosystem drives the demand for pressure monitoring systems.
• The United States, in particular, has one of the highest healthcare expenditures per capita globally. This significant investment in healthcare infrastructure and technologies, including medical devices like pressure monitoring systems, contributes to market dominance. North America is a hub for medical research and development (R&D). It is home to many renowned medical device companies that continuously innovate and develop cutting-edge pressure monitoring technologies.
• The aging population in North America, especially in the United States and Canada, is driving the demand for healthcare services and monitoring devices. Older adults often require frequent blood pressure monitoring and other pressure-related assessments. The prevalence of chronic diseases, such as hypertension, cardiovascular disease, and diabetes, is relatively high in North America. Pressure monitoring systems play a critical role in managing and preventing complications associated with these conditions.

COVID-19 Impact Analysis On Pressure Monitoring System Market

The pandemic led to a surge in demand for critical care monitoring equipment, including pressure monitoring systems. Hospitals and healthcare facilities needed these systems to manage COVID-19 patients, especially those in intensive care units (ICUs). With the need to limit in-person interactions, there was a rapid expansion of telemedicine and remote patient monitoring. Pressure monitoring systems, particularly those suitable for home use, became essential tools for monitoring COVID-19 patients in quarantine or isolation at home. The pandemic prompted medical device manufacturers to innovate and adapt their products. Some companies developed remote monitoring solutions and telehealth integrations for pressure monitoring systems, enabling real-time data sharing with healthcare providers. Governments in various countries invested in healthcare infrastructure and medical equipment, including pressure monitoring systems, to respond to the crisis. This boosted the market temporarily. COVID-19 heightened awareness about the importance of monitoring vital signs, including blood pressure and respiratory rate. This awareness may have a lasting effect on the use of pressure monitoring systems for routine health monitoring.

Pressure Monitoring System Market Key Players

• Philips Healthcare (The Netherlands)
• GE Healthcare (UK)
• Weich Allyn inc. (US)
• 3F Medical Systems (China)
• A&D Company Limited (Japan)
• Medtronic (US)
• Drägerwerk AG & Co KGaA (Germany)
• Omron Healthcare, Inc. (Japan)
• Hill-Rom Holdings, Inc. (US)
• Nihon Kohden Corporation (Japan)
• Koninklijke Philips N.V. (Netherlands)
• Masimo (US)
• Beurer GmbH (Germany)
• GE Healthcare (General Electric Company) (US)
• American Diagnostic Corporation (Europe)
• SunTech Medical Inc. (US) and Other Major Players.

Key Industry Developments in the Pressure Monitoring System Market

In February 2022, InBody has introduced an autonomous blood pressure monitor that may be used at home. Inbody has come out with a brand-new automatic blood pressure monitor called the BP 170. This monitor gives consumers the choice to self-record and keeps track of important health metrics in their own homes. The new device, which employs the oscillometric approach, is capable of correctly monitoring a person's diastolic and systolic blood pressure as well as their pulse rate on a daily basis. The new InBody BP 170 at-home device can be used by attaching the one-touch cuff to one of your arms and beginning the reading with the press of a button.

In May 2021, Biobeat, a global leader in wearable remote patient monitoring solutions for the healthcare continuum, launched its new wearable and continuous ambulatory blood pressure monitoring (ABPM) chest-monitoring device. ABPM stands for ambulatory blood pressure monitoring, and it monitors a patient's blood pressure while they move around.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. ANALYSIS OF THE IMPACT OF COVID-19
       1. Impact On The Overall Market
       2. Impact On The Supply Chain
       3. Impact On The Key Manufacturers
       4. Impact On The Pricing
       5. Post COVID Situation
   11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   12. ECOSYSTEM
6. PRESSURE MONITORING MARKET BY DEVICE TYPE (2016-2030)
   1. PRESSURE MONITORING MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. BLOOD PRESSURE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. INTRAOCULAR PRESSURE
   5. INTRACRANIAL PRESSURE
7. PRESSURE MONITORING MARKET BY APPLICATION (2016-2030)
   1. PRESSURE MONITORING MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. RESPIRATORY
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. GLAUCOMA
   5. DIALYSIS
8. PRESSURE MONITORING MARKET BY END-USER (2016-2030)
   1. PRESSURE MONITORING MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HOSPITALS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. AMBULATORY SURGICAL CENTERS
   5. DIAGNOSTIC
   6. OTHERS
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. PRESSURE MONITORING Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
10. PHILIPS HEALTHCARE (THE NETHERLANDS)
    1. 1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    2. GE HEALTHCARE (UK)
    3. WEICH ALLYN INC. (US)
    4. 3F MEDICAL SYSTEMS (CHINA)
    5. A&D COMPANY LIMITED (JAPAN)
    6. MEDTRONIC (US)
    7. DRÄGERWERK AG & CO KGAA (GERMANY)
    8. OMRON HEALTHCARE INC. (JAPAN)
    9. HILL-ROM HOLDINGS INC. (US)
    10. NIHON KOHDEN CORPORATION (JAPAN)
    11. KONINKLIJKE PHILIPS N.V. (NETHERLANDS)
    12. MASIMO (US)
    13. BEURER GMBH (GERMANY)
    14. GE HEALTHCARE (GENERAL ELECTRIC COMPANY) (US)
    15. AMERICAN DIAGNOSTIC CORPORATION (EUROPE)
    16. SUNTECH MEDICAL INC. (US)
11. GLOBAL PRESSURE MONITORING MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Device Type
       5. Historic And Forecasted Market Size By Application
       6. Historic And Forecasted Market Size By End-User
       7. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
12. INVESTMENT ANALYSIS
13. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies