PUBLISHER: The Business Research Company | PRODUCT CODE: 1666446
PUBLISHER: The Business Research Company | PRODUCT CODE: 1666446
Blood pressure monitoring devices are crucial medical instruments utilized to measure and track blood pressure within a person's arteries, aiding in the diagnosis and management of conditions such as hypertension that can pose serious health risks.
The primary types of blood pressure monitoring devices include digital blood pressure monitors, sphygmomanometers, ambulatory blood pressure monitors, instruments and accessories, and transducers. These devices encompass various technologies, such as digital, aneroid, and wearable technologies. For instance, digital blood pressure monitors employ electronic sensors and digital displays to measure and showcase blood pressure readings. These devices find application across multiple settings, including hospitals, home-care setups, ambulatory surgical centers, and other medical facilities, facilitating accurate blood pressure monitoring for healthcare professionals and patients alike.
The blood pressure monitoring devices market research report is one of a series of new reports from The Business Research Company that provides blood pressure monitoring devices market statistics, including blood pressure monitoring devices industry global market size, regional shares, competitors with a blood pressure monitoring devices market share, detailed blood pressure monitoring devices market segments, market trends and opportunities, and any further data you may need to thrive in the blood pressure monitoring devices industry. This blood pressure monitoring devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The blood pressure monitoring devices market size has grown strongly in recent years. It will grow from$2.96 billion in 2024 to $3.19 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increasing prevalence of hypertension, increasing focus on preventive healthcare, rise in lifestyle-related diseases, increased awareness of health and wellness, home healthcare trend
The blood pressure monitoring devices market size is expected to see strong growth in the next few years. It will grow to $4.47 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to telehealth and remote patient monitoring, focus on precision medicine, government initiatives for chronic disease management, focus on patient-centric healthcare, rising healthcare awareness in emerging markets. Major trends in the forecast period include wearable technology integration, Bluetooth and wireless connectivity, focus on user experience and design, home blood pressure monitoring artificial intelligence in blood pressure analysis.
The escalating prevalence of hypertension is set to propel growth in the blood pressure monitoring devices market. Hypertension, or high blood pressure, entails consistently elevated blood force against artery walls, leading to heightened pressure in vessels. Healthcare providers and patients aiming to manage hypertension and mitigate associated health risks rely on blood pressure monitoring devices. The market benefits from a demand surge for accurate, dependable devices facilitating regular blood pressure level monitoring. As of March 2023, per the World Health Organization, an estimated 1.28 billion adults aged 30-79 globally grapple with hypertension, predominantly in low- and middle-income nations. Consequently, the rising occurrences of hypertension drive market expansion.
The anticipated surge in healthcare expenditure is expected to fuel the blood pressure monitoring devices market's growth. Healthcare expenditure encompasses expenses on healthcare goods and services within a system or economy, vital for advancing accessibility and development of these devices. For instance, as of November 2022, data from the Canadian Institute for Health Information indicates a 0.8% rise in healthcare expenditure to $331 billion in 2022, compared to 7.6% in 2021. This upward trend in healthcare spending significantly contributes to the burgeoning market for blood pressure monitoring devices.
Technological advancements represent a significant trend in the blood pressure monitoring device market. Leading companies in this sector are increasingly focused on creating innovative technologies, such as a revolutionary cellular blood pressure monitor, which enables real-time monitoring and data transmission. This functionality allows patients and healthcare providers to track blood pressure levels remotely, facilitating timely interventions for improved cardiovascular health management. A revolutionary cellular blood pressure monitor is an advanced medical device that utilizes cellular technology to measure and transmit blood pressure readings in real-time. For example, in October 2024, Withings Health Solutions, a U.S.-based digital health technology company, introduced BPM Pro 2, a groundbreaking cellular blood pressure monitor. The BPM Pro 2 is designed to deliver accurate and consistent blood pressure measurements while offering the convenience of cellular connectivity, allowing users to easily sync their readings to a companion app. This sophisticated device features an intuitive interface for straightforward operation and includes functionalities for automatic data sharing with healthcare professionals, thereby enhancing the overall management of hypertension.
Prominent companies within the blood pressure monitoring devices sector drive revenue growth by developing cutting-edge products. Automatic blood pressure monitors, user-friendly and requiring minimal training, offer swift and convenient readings. These devices find extensive use in homes, clinics, and healthcare facilities for regular blood pressure level monitoring. For instance, InBody, a South Korea-based healthcare company, introduced the BP 170 automatic blood pressure monitor in February 2022. Clinically validated, it facilitates individuals to self-record and track blood pressure at home. Featuring a one-touch cuff and a sizable digital display, this monitor is designed for easy use in both home and professional settings, available with or without Bluetooth connectivity.
In November 2022, CardieX, an Australian cardiovascular technology firm, completed the acquisition of Blumio for an undisclosed sum. This strategic move empowers CardieX to bolster its array of products and amplify its expertise within the digital health sector by integrating cutting-edge technology and specialized knowledge in wearable blood pressure monitoring. Blumio, situated in the United States, specializes in crafting sensors for wearable blood pressure monitoring.
Major companies operating in the blood pressure monitoring devices market include Rossmax International Ltd., Koninklijke Philips N.V., SunTech Medical Inc., Graham-field Health Products Inc., Welch Allyn Inc., Microlife Corporation, A&D Company Limited, Omron Corporation, Hill-Rom Services Inc., American Diagnostic Corporation, Withings Health Solutions, Smiths Medical Inc., Braun Healthcare, ICU Medical Inc., Panasonic Corporation, Spacelabs Healthcare Inc., Microlife AG, Schiller AG, BPL Medical Technologies, ForaCare Inc., iHealth Labs Inc., Qardio Inc., Beurer GmbH, Citizen Systems Japan Co. Ltd., Terumo Corporation, Vasomedical Inc., Becton Dickinson and Company, Medtronic plc, Boston Scientific Corporation, Edwards Lifesciences Corporation
North America was the largest region in the blood pressure monitoring devices market in 2024. The regions covered in the blood pressure monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the blood pressure monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The blood pressure monitoring devices market consists of sales of automatic-cycling non-invasive blood pressure (NIBP) monitors and spot-check NIBP monitors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Blood Pressure Monitoring Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on blood pressure monitoring devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for blood pressure monitoring devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The blood pressure monitoring devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.