Global Blood Pressure Monitors Market Size to worth USD 4.28 Billion by 2033: Forecast Analysis Report

Global Blood Pressure Monitors Market Size to worth USD 4.28 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Blood Pressure Monitors Market Size is Expected to Grow from USD 1.76 Billion in 2023 to USD 4.28 Billion by 2033, at a CAGR of 9.29% during the forecast period 2023-2033.      

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Blood Pressure Monitors Market Size, Share, and COVID-19 Impact Analysis, By Product (Sphygmomanometer/Aneroid BP Monitor, Automated/Digital Blood Pressure Monitor, Ambulatory Blood Pressure Monitor, Transducers, Instruments and Accessories), By End Use (Hospitals, Ambulatory Surgical Centers & Clinics, and Homecare), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

The industry that produces, distributes, and sells blood pressure measuring equipment is known as the blood pressure monitors market. Sphygmomanometers, another name for these monitors, are vital medical instruments used in the diagnosis and treatment of hypertension and other cardiovascular disorders. The blood pressure monitors market offers both manual and digital blood pressure monitors are more popular due to their sophisticated features and convenience of use, such as data storage, automatic readings, and connectivity to healthcare systems or mobile apps. The need for blood pressure monitors market is driven by the rising prevalence of issues including hypertension, cardiac arrhythmia, etc. Primary factors driving the market for blood pressure monitors are the increased frequency of cardiovascular diseases in the general population and the rising cost of healthcare in developing nations. Growing rates of hypertension brought on by changing lifestyles, an aging population, an increased risk of lifestyle-related disorders, an increase in obesity and sedentary lifestyles, and technological advancements are some of the major factors driving the growth of the blood pressure monitoring devices market. However, high product costs, low awareness in developing nations, accuracy issues, and technological constraints impeding broad adoption and market expansion are some of the restricting the blood pressure monitors in the market.

The automated/digital blood pressure monitor segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. 

Based on the product, the blood pressure monitors market is classified into sphygmomanometer/aneroid BP monitor, automated/digital blood pressure monitor, ambulatory blood pressure monitor, transducers, instruments and accessories. Among these, the automated/digital blood pressure monitor segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Increased patient awareness of cardiovascular disease, hypertension, and BP monitoring devices, as well as the increased prevalence of hypertension, are directly linked to the expanding demand for automated/digital blood pressure monitors.   

The hospitals segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.   

Based on the end use, the blood pressure monitors market is divided into hospitals, ambulatory surgical centers & clinics, and home care. Among these, the hospitals segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Hospitals segment owing to an extensive patient base. Devices for blood pressure monitoring are being used for the need for quick, accurate, and affordable diagnostic tools for improved health outcomes.   

North America is estimated to hold the highest share of the blood pressure monitors market over the forecast period.

North America is estimated to hold the highest share of the blood pressure monitors market over the forecast period. One of the main elements anticipated to drive market expansion of the North American region is rising investments in the development of precise and sufficient blood pressure monitors. Some of the factors driving the market growth include shifting lifestyles and the aging population, which is more likely to suffer from chronic illnesses and needs blood pressure monitoring devices for diagnosis and treatment in this region.  

Asia Pacific is expected to grow at a rapid pace in the global blood pressure monitors market during the forecast period. The Asia Pacific blood pressure monitoring devices market is anticipated to expand at an exponential rate. Favorable government programs encouraging the use of cutting-edge medical technology, the aging population, and rising healthcare costs are important growth drivers.

Company Profiling

Major key players in the blood pressure monitors market include Pylo Health, Withings, Briggs Healthcare, Microlife AG, Spacelabs Healthcare Inc., GF Health Products Inc., Kaz Inc., Philips Healthcare., Rossmax International Ltd., GE Healthcare, Welch Allyn, Inc., B. Braun SE, Omron Healthcare, and Others. 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In July 2024, the first cellular-connected, multi-cuff blood pressure monitor developed especially for RPM and chronic care management (CCM) was launched by Smart Meter, the industry leader in Cellular Remote Patient Monitoring (RPM)TM solutions. With its unmatched accuracy, inclusivity, and access to full health insights, this state-of-the-art tool is poised to revolutionize patient treatment for the 129 Billion Americans suffer from chronic illnesses.

• In January 2024, two next-generation patient devices, the Pylo 900-LTE blood pressure monitor and the Pylo 200-LTE weight scale, was announced by Pylo Health, a top supplier of remote patient monitoring devices and a partner of Prevounce. In order to improve dependable data transfer across the US, both products have undergone clinical validation and are linked to numerous cellular networks.  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the blood pressure monitors market based on the below-mentioned segments:

Global Blood Pressure Monitors Market, By Product

• Sphygmomanometer/Aneroid BP Monitor
• Automated/Digital Blood Pressure Monitor
• Ambulatory Blood Pressure Monitor
• Transducers
• Instruments
• Accessories

Global Blood Pressure Monitors Market, By End Use

• Hospitals
• Ambulatory Surgical Centers & Clinics
• Homecare

Global Blood Pressure Monitors Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa