Blood Pressure Monitoring Devices Market: By Product Type, By Technology, By Modality, By End-User, and Region, Forecast 2019-2030
Blood Pressure Monitoring Devices Market size was valued at US$ 4371.79 million in 2023 and is poised to grow at a CAGR of 7.6% from 2024 to 2030. Blood pressure monitoring devices are the medical devices used to monitor the outpatient blood pressure. These devices comprise a measuring unit, an inflatable cuff, and a technique for inflation that might be either electronically operated pump or a manually operated valve and bulb. Both manual and digital blood pressure monitors are used presently with more preciseness and convenience.
Normal blood pressure of an active person is 120/80 and blood pressure is monitored in hypertension and hypotension. Sphygmomanometer is the most commonly used device to monitor blood pressure. An increase in the prevalence of hypertension and other cardiovascular diseases, changes in lifestyle such as high consumption of alcohol and food, technological advancements in devices, and an increase in obese and geriatric populations are anticipated to fuel the over the forecast period. Moreover, increase in healthcare expenditure, an increase in government initiatives for preventing hypertension, and rise in demand for portable devices are anticipated to bolster the market. However, high cost of technologically advanced devices, stringent regulations for product approval, and product recalls are expected to hamper the growth of blood pressure monitoring devices.
Study Period
2024-2030Base Year
2023CAGR
7.6%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Major factors driving the global is change is lifestyle. According to the World Heart Federation, approximately 330 Mn people in developed countries and nearly 640 Mn individuals in developing countries are suffering from hypertension. Moreover, market players are focusing on the development of technologically advanced devices. For instance, in May 2017, iHealth launched voice-supported smart blood pressure monitor device. Furthermore, acquisitions and mergers between the market players is the key strategy adopted by market players for garnering larger market revenue share. For instance, in August 2017, Halma acquired Cardios to strengthen blood pressure monitoring devices portfolio in Brazil.
North America is driven by innovation of technologically advanced devices, rise in demand for homecare blood pressure monitoring devices, and increase in incidence of hypertension and other cardiovascular diseases. Europe has a notable share owing to well-developed healthcare infrastructure, increase in prevalence of hypertension due to change in lifestyle, and high adoption of technologically advanced devices.
Asia Pacific expected to exhibit significant growth rate owing to large patient pool coupled with increase in geriatric population, increase in prevalence of chronic diseases such as diabetes. Latin America is driven by expansion of business by market players, economic growth, and rise in awareness about digital blood pressure monitoring devices. Middle East and Africa is expected to account for significant share owing to adoption of newer devices, increase in prevalence of hypertension, and rise in healthcare expenditure in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 4371.79 million |
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Market CAGR |
7.6% |
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By Product Type |
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By Technology |
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By Modality |
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By End User |
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By Region |
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The blood pressure monitoring devices market size was valued at US$ 4371.79 million in 2023 and is set to grow at a significant CAGR of 7.6% from 2024-2030.
The market key players are: GE Healthcare (U.K.), Koninklijke Philips N.V. (Netherlands), Dragerwerk AG & Co. KGaA (Germany), Medtronic plc (U.K.), Welch Allyn, Inc. (U.S.), Halma plc (U.K.), iHealth Labs Inc. (U.S.)
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Blood Pressure Monitoring Devices Market Introduction |
| 2.1.Global Blood Pressure Monitoring Devices Market - Taxonomy |
| 2.2.Global Blood Pressure Monitoring Devices Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Technology |
| 2.2.3.Modality |
| 2.2.4.End Users |
| 2.2.5.Region |
| 3. Global Blood Pressure Monitoring Devices Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Blood Pressure Monitoring Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Blood Pressure Monitoring Devices Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Sphygmomanometer |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Ambulatory Blood Pressure Monitors |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Automated Blood Pressure Monitors |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Blood Pressure Transducers |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Blood Pressure Monitoring Devices Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Manually Operated Blood Pressure Monitoring Devices |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Digital Blood Pressure Monitoring Devices |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Blood Pressure Monitoring Devices Market By Modality, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Portable Blood Pressure Monitoring Devices |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Standalone Blood Pressure Monitoring Devices |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Blood Pressure Monitoring Devices Market By End Users , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Hospitals and Clinics |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Diagnostic Centers |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Ambulatory Surgical Centers |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Homecare Settings |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Global Blood Pressure Monitoring Devices Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10. North America Blood Pressure Monitoring Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Sphygmomanometer |
| 10.1.2.Ambulatory Blood Pressure Monitors |
| 10.1.3.Automated Blood Pressure Monitors |
| 10.1.4.Blood Pressure Transducers |
| 10.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Manually Operated Blood Pressure Monitoring Devices |
| 10.2.2.Digital Blood Pressure Monitoring Devices |
| 10.3. Modality Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Portable Blood Pressure Monitoring Devices |
| 10.3.2.Standalone Blood Pressure Monitoring Devices |
| 10.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Hospitals and Clinics |
| 10.4.2.Diagnostic Centers |
| 10.4.3.Ambulatory Surgical Centers |
| 10.4.4.Homecare Settings |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11. Europe Blood Pressure Monitoring Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Sphygmomanometer |
| 11.1.2.Ambulatory Blood Pressure Monitors |
| 11.1.3.Automated Blood Pressure Monitors |
| 11.1.4.Blood Pressure Transducers |
| 11.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Manually Operated Blood Pressure Monitoring Devices |
| 11.2.2.Digital Blood Pressure Monitoring Devices |
| 11.3. Modality Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Portable Blood Pressure Monitoring Devices |
| 11.3.2.Standalone Blood Pressure Monitoring Devices |
| 11.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Hospitals and Clinics |
| 11.4.2.Diagnostic Centers |
| 11.4.3.Ambulatory Surgical Centers |
| 11.4.4.Homecare Settings |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12. Asia Pacific (APAC) Blood Pressure Monitoring Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Sphygmomanometer |
| 12.1.2.Ambulatory Blood Pressure Monitors |
| 12.1.3.Automated Blood Pressure Monitors |
| 12.1.4.Blood Pressure Transducers |
| 12.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Manually Operated Blood Pressure Monitoring Devices |
| 12.2.2.Digital Blood Pressure Monitoring Devices |
| 12.3. Modality Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Portable Blood Pressure Monitoring Devices |
| 12.3.2.Standalone Blood Pressure Monitoring Devices |
| 12.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Hospitals and Clinics |
| 12.4.2.Diagnostic Centers |
| 12.4.3.Ambulatory Surgical Centers |
| 12.4.4.Homecare Settings |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13. Middle East and Africa (MEA) Blood Pressure Monitoring Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Sphygmomanometer |
| 13.1.2.Ambulatory Blood Pressure Monitors |
| 13.1.3.Automated Blood Pressure Monitors |
| 13.1.4.Blood Pressure Transducers |
| 13.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Manually Operated Blood Pressure Monitoring Devices |
| 13.2.2.Digital Blood Pressure Monitoring Devices |
| 13.3. Modality Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Portable Blood Pressure Monitoring Devices |
| 13.3.2.Standalone Blood Pressure Monitoring Devices |
| 13.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Hospitals and Clinics |
| 13.4.2.Diagnostic Centers |
| 13.4.3.Ambulatory Surgical Centers |
| 13.4.4.Homecare Settings |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14. Latin America Blood Pressure Monitoring Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Sphygmomanometer |
| 14.1.2.Ambulatory Blood Pressure Monitors |
| 14.1.3.Automated Blood Pressure Monitors |
| 14.1.4.Blood Pressure Transducers |
| 14.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Manually Operated Blood Pressure Monitoring Devices |
| 14.2.2.Digital Blood Pressure Monitoring Devices |
| 14.3. Modality Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Portable Blood Pressure Monitoring Devices |
| 14.3.2.Standalone Blood Pressure Monitoring Devices |
| 14.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Hospitals and Clinics |
| 14.4.2.Diagnostic Centers |
| 14.4.3.Ambulatory Surgical Centers |
| 14.4.4.Homecare Settings |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.GE Healthcare (U.K.) |
| 15.2.2.Koninklijke Philips N.V. (Netherlands) |
| 15.2.3.Dragerwerk AG & Co. KGaA (Germany) |
| 15.2.4.Medtronic plc (U.K.) |
| 15.2.5.Welch Allyn, Inc. (U.S.) |
| 15.2.6.Halma plc (U.K.) |
| 15.2.7.iHealth Labs Inc. (U.S.) |
| 15.2.8.Omron Healthcare Europe B.V. (Netherlands) |
| 15.2.9.Smith Medical (U.S.) |
| 15.2.10.Gurin Products, LLC |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
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