Market Overview:

The Blood Pressure Monitoring Devices Market size was USD 4.5 Billion in 2022. Covid-19's impacts have been unprecedented and staggering on a global scale, with the pandemic leading to positive demand shocks for the blood pressure monitoring devices market across all domains and regions. Between 2023 and 2031, the market is projected to grow at a CAGR of 9.6% from USD 4.1 billion in 2021 to USD 8.6 billion in 2031. The sudden rise in CAGR is attributed to this market growth returning to the pre-pandemic level once the pandemic is over.

A sphygmomanometer, often known as a blood pressure monitor, is used to measure blood pressure. It is made up of an inflated cuff that is wrapped around the arm and roughly level with the heart, as well as a monitoring tool that gauges the pressure inside the cuff. The monitor records both the systolic and diastolic pressures. To evaluate a patient's body's hypertension, blood pressure monitoring equipment are employed. For chronic heart conditions and strokes, the leading causes of mortality worldwide, blood pressure is one of the major risk factors. This is brought about by the rise in significance of blood pressure monitoring equipment in home care settings and the development of cutting-edge technologies.

In addition, the ageing population, changing lifestyles, and the advent of cutting-edge technologies are the primary market drivers of blood pressure monitoring. In the upcoming years, the demand for blood pressure monitoring devices is anticipated to rise because of their ability to aid in the early diagnosis of a patient's worsening health. Additionally, sophisticated blood pressure monitoring equipment is available for home use and can be used to track a patient's health remotely.

Market Drivers:

The demand for blood pressure monitoring equipment will increase due to the ageing population:

The ageing population is one of the primary drivers of the blood pressure monitoring market. As people age, they become more susceptible to health issues like hypertension, which is a significant risk factor for cardiovascular disease. Blood pressure monitoring equipment is essential in detecting and managing high blood pressure, which is why the demand for such equipment is expected to increase as the population ages. Additionally, the elderly population often require frequent monitoring of their blood pressure, and this drives the demand for portable and easy-to-use blood pressure monitoring devices.

Increased Cost of Cardiovascular Diseases is the driver for the BP monitoring market:

Cardiovascular diseases (CVDs) are a significant health concern worldwide, with hypertension being one of the leading causes. CVDs can result in high healthcare costs due to hospitalizations, medication, and other medical procedures. As a result, many governments and healthcare providers are investing in preventive measures like regular blood pressure monitoring to detect and manage hypertension before it leads to more severe cardiovascular complications. The increased focus on preventive measures has resulted in an increased demand for blood pressure monitoring equipment, as it is a critical component of managing hypertension and reducing the risk of CVDs. This has led to increased investments in research and development, as well as the manufacturing of more advanced blood pressure monitoring equipment to meet the growing demand.

Market Trends:

Over the forecast period, demand for automated/digital blood pressure monitors is anticipated to increased was a Significant Trend in the Blood Pressure Monitoring Market

Over the projection period, the trend indicates that there will be a rise in demand for automated or digital blood pressure monitors. As a result, classic manual blood pressure monitors that call for the use of a stethoscope and manual cuff inflation may lose favors.

On the other hand, automated or digital blood pressure monitors employ sensors to identify blood pressure and display digital readings on a screen. These gadgets are more user-friendly and require less training, increasing consumer accessibility. Digital blood pressure monitors can also be linked to cellphones or other devices, enabling users to track their readings over time and share information with healthcare professionals.

There may be several causes contributing to the rising demand for automated/digital blood pressure monitors. For instance, the necessity for at-home blood pressure monitoring may increase as the population ages and chronic disorders like hypertension grow more prevalent. Automated/digital monitors can deliver precise readings and assist patients and their careers in more efficiently managing blood pressure.

Scope of Blood Pressure Monitoring Devices Market Report:

A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Blood Pressure Monitoring Devices Market. On the basis of historic growth analysis and current scenario of Blood Pressure Monitoring Devices market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Blood Pressure Monitoring Devices market. This further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Blood Pressure Monitoring Devices market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Blood Pressure Monitoring Devices market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.

The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

Blood Pressure Monitoring Devices Market Players Analysis: Omron Healthcare

• • Microlife AG

  • Welch Allyn, Inc.

  • A&D Medical Inc.

  • SunTech Medical, Inc.

  • American Diagnostics Corp.

  • Withings

  • Briggs Healthcare

  • GE Healthcare

  • Kaz Inc.

  • Rossmax International Ltd.

  • GF Health Products Inc.

  • Spacelabs Healthcare Inc.

  • Philips Healthcare

  • Hill-Rom Services Inc.

  • Braun Healthcare

  • Contec

  • Biobeat

Blood Pressure Monitoring Devices Market Players & Competitor Analysis:

The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2022-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Market Restraining Factors:

Excessive Price of Technological Advances is Restraint on the Blood Pressure Monitoring Market:

The blood pressure monitoring industry is significantly constrained by the exorbitant cost of technical advancements. Newer and more advanced blood pressure monitoring gadgets are being released on the market as technology develops. However, these gadgets are frequently prohibitively expensive, making it impossible for consumers and healthcare professionals to use them.

Patients with hypertension or other cardiovascular conditions might need to regularly check their blood pressure, which can be expensive if they need to purchase pricey equipment. Furthermore, due to financial restrictions, healthcare practitioners might not be able to buy expensive blood pressure monitors in significant quantities.

Low adoption rates of these devices may also be caused by their expensive cost, particularly in developing nations or areas with weak healthcare infrastructure. Patients and healthcare professionals in these areas might not have as much money to spend on expensive technology.

Blood Pressure Monitoring Devices Market Segmentation Analysis:

By Device Type

Sphygmomanometer/Aneroid BP Monitor: This is a traditional type of blood pressure monitor, which consists of an inflatable cuff, a gauge, and a stethoscope. The cuff is placed around the upper arm, and the air is pumped into it to occlude the brachial artery. The pressure in the cuff is slowly released, and the examiner uses the stethoscope to listen to the sounds of the blood flow in the artery, while reading the gauge.

Automated/Digital Blood Pressure Monitor: This type of blood pressure monitor is more convenient and easier to use than the sphygmomanometer. It uses an electronic pressure sensor to detect blood pressure and display it on a digital screen. This type of monitor is available in three different types:

• Arm: It consists of an inflatable cuff, an electronic pressure sensor, and a display screen. The cuff is wrapped around the upper arm, and the monitor is turned on, which automatically inflates the cuff and detects the blood pressure.
• Wrist: This type of digital blood pressure monitor is like the arm type, but the cuff is worn around the wrist instead of the upper arm. It is less accurate than the arm type, but it is more portable and easier to use.
• Finger: This type of digital blood pressure monitor is the smallest and most portable type. It is worn on the finger, and it uses a small sensor to detect blood pressure. However, it is less accurate than the arm and wrist types.

Ambulatory Blood Pressure Monitor: This type of blood pressure monitor is used to measure blood pressure continuously over a 24-hour period. It is worn on the patient's body and consists of a cuff, an electronic pressure sensor, and a data recorder. The cuff is programmed to inflate and deflate at regular intervals, and the data recorder stores the blood pressure readings.

Transducers: Transducers are devices that convert one form of energy into another. In the case of blood pressure monitoring, transducers are used to convert the pressure in the cuff into an electrical signal that can be recorded and displayed on a screen. There are two types of transducers available:

• Disposable: These are single-use transducers that are attached to the cuff and discarded after each use.
• Reusable: These are durable transducers that can be used multiple times and are cleaned and sterilized between uses.

Instruments and Accessories: This segment includes various instruments and accessories that are used in blood pressure monitoring, such as cuffs, stethoscopes, data recorders, and software.

Blood Pressure Cuffs: Blood pressure cuffs are available in various sizes to fit different arm circumferences. The cuff is inflated to compress the brachial artery, and the pressure is slowly released to measure the blood pressure.

Others: This segment includes any other type of blood pressure monitoring devices that do not fit into the above categories.

By End-user

Hospitals: This category includes hospitals of all sizes, from small community hospitals to large tertiary care centers. These facilities use blood pressure monitors to assess and monitor patients' blood pressure levels during various procedures, surgeries, and treatments. Blood pressure monitoring is an essential part of routine patient care and is also critical in emergency situations.

Ambulatory Surgical Centers & Clinics: This category includes outpatient surgical centers, diagnostic clinics, and other healthcare facilities where patients undergo minor procedures or treatments. Blood pressure monitoring is important in these settings to ensure that patients are stable during and after the procedure or treatment.

Homecare: This category includes patients who use blood pressure monitors at home to monitor their blood pressure levels regularly. These patients may have hypertension or other cardiovascular conditions that require frequent monitoring, and they use portable or wearable blood pressure monitors to track their readings over time. Home blood pressure monitoring can help patients manage their condition more effectively and avoid complications.

By Distribution Channel

Online: This category includes blood pressure monitors that are sold online through e-commerce platforms, such as Amazon, eBay, and others. Online distribution channels provide consumers with the convenience of shopping from home, and they can easily compare prices, read reviews, and choose from a wide range of products.

Offline: This category includes blood pressure monitors that are sold through physical stores, such as medical supply stores, pharmacies, and other healthcare outlets. Offline distribution channels provide consumers with the opportunity to see and touch the products before making a purchase, and they can also get advice from knowledgeable sales associates.

The report also helps in understanding Global Blood Pressure Monitoring Devices Market dynamics, structure by analyzing the market segments, and project the Global Blood Pressure Monitoring Devices Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Blood Pressure Monitoring Devices Market make the report investor’s guide.

Regional Snapshots:

Here are some regional snapshots of the blood pressure monitoring devices market:

North America: Due to the rising prevalence of hypertension and the rising demand for home medical equipment, the market for blood pressure monitoring devices in North America is anticipated to expand at a modest rate. The largest market in North America for blood pressure monitoring devices is the United States, followed by Canada.

Europe: Worldwide, Europe has the largest market for blood pressure monitors. The market is primarily driven by elements including the rising incidence of hypertension, the ageing population, and the increasing need for home medical equipment. The biggest markets in Europe for blood pressure monitors are the UK, Germany, and France.

Asia-Pacific: As more home healthcare devices are being adopted and as healthcare spending rises in nations like China, India, and Japan, the market for blood pressure monitoring devices in this area is anticipated to expand at a rapid rate. The major markets in the Asia-Pacific area for blood pressure monitors are China and India.

Latin America: Because of the rising prevalence of hypertension and the expanding emphasis on preventive healthcare, the market for blood pressure monitoring devices in Latin America is anticipated to expand significantly. The two biggest markets in Latin America for blood pressure monitors are Brazil and Mexico.

Middle East and Africa: Due to rising awareness of hypertension and rising demand for home medical equipment, the Middle East and Africa blood pressure monitoring device market is anticipated to expand at a stable rate. The Middle East and Africa region's largest market for blood pressure monitoring equipment is South Africa.

Key Players Strategies in the Market:

Due to price sensitivity, there is fierce rivalry in the market for blood pressure monitoring devices worldwide. The main methods used by market participants to stay competitive are mergers and acquisitions, teamwork, strategic alliances, and partnerships.

Because there are so many players, the market for blood pressure monitoring devices is fragmented and competitive. In order to improve their market position, the big firms are currently focusing on growing their operations. One of their primary strategies to maintain market share appears to be innovation and technological improvement. Some of the leading companies currently controlling the blood pressure monitoring devices market include GE Healthcare, A&D Medical Inc., Incorporated, Omron Healthcare Inc., and Philips Healthcare.

Global Blood Pressure Monitoring Devices Market Regional Analysis:

North America accounted for the highest xx% market share in terms of revenue in the Blood Pressure Monitoring Devices market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Blood Pressure Monitoring Devices. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Blood Pressure Monitoring Devices companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Blood Pressure Monitoring Devices Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Blood Pressure Monitoring Devices Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Key Industry Developments:

• In January 2021: A 24/7 automated blood pressure monitoring system that continuously tracks the patient's blood pressure even while they are asleep was introduced by Aktiia SA.
• In October 2020: Two new products from Omron Healthcare, Inc., the OMRON HEM-7361T and OMRON HEM-7156, were introduced in Indonesia with cutting-edge screening technology and Bluetooth wireless connectivity. The usage of improved blood pressure monitors has increased because of this introduction, and it is now more common to find these devices in hospitals.
• In January 2020: In an effort to improve patient safety, SunTech Medical, Inc. and Valencell Inc. have established a partnership to create innovative blood pressure monitoring systems.
• In January 2019:  HeartGuide, a wearable oscillometric blood pressure monitor, is now available in the United States, according to an announcement from Omron Healthcare, Inc.

Report Coverage:

The report will cover the qualitative and quantitative data on the blood pressure monitoring devices market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations:

Points Covered in the Report:

The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.

The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.

The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

• How much the global Blood Pressure Monitoring Devices Market valued?
• Which region has the largest share in 2021 for the global Blood Pressure Monitoring Devices Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Blood Pressure Monitoring Devices Market:

• Historic year: 2018- 2021
• Base year: 2022
• Forecast: 2023 to 2031
• Representation of Market revenue in USD Million

Blood Pressure Monitoring Devices Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: