Global Blood Pressure Monitors Market Report and Forecast 2024-2032

Global Blood Pressure Monitors Market Outlook

The global blood pressure monitors market size attained a value of USD 1.79 billion in 2023. The major market drivers include the rising incidences of hypertension, the rising awareness regarding blood pressure monitor devices, and increasing investments in healthcare. The market is anticipated to grow at a CAGR of 7.1% during the forecast period of 2024-2032 to attain a value of USD 3.32 billion by 2032.

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North America Holds a Substantial Share of the Global Market for Blood Pressure Monitors

North America has registered substantial growth in the market for blood pressure monitors owing to the increasing prevalence of high blood pressure and hypertension among the people, along with changing eating and living habits of people. The United States has witnessed major demand for blood pressure monitors due to the high prevalence of hypertension among people, ranging from youngsters to older generation, along with the uncontrolled rate of high blood pressure, which is supporting the growth of blood pressure monitors market in the country. Furthermore, the robust healthcare infrastructure and surging investments in the development of effective and precise BP monitors are driving the market in the region.

The Asia Pacific region is projected to witness significant growth in the market for blood pressure monitors on account of the rising awareness as well as the prevalence of hypertension in the region. The introduction of various favourable government initiatives toward hypertension management such as “The HOPE Asia Network” is likely to support the growth of blood pressure monitors market in the region over the forecast period.

Market Segmentation

A blood pressure monitor refers to a device that is used to measure the accurate blood pressure of an individual and contains an inflatable cuff, air pressure sensor, and a pump. It aids in the management of blood pressure at home to prevent health complications related to hypertension. It is easy to use and reduces healthcare expenditure.

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Based on product, the market for blood pressure monitors, is divided into:

• Sphygmomanometer 
  • Mercury
  • Aneroid
  • Digital
• Automated BP Monitors
• Ambulatory BP Monitors

By end-use, the market is segmented into:

• Hospitals and Clinics 
• Home Healthcare 
• Others

The EMR report looks into the regional markets of blood pressure monitors like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

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Rise in Healthcare Expenditure Likely to Boost the Market Growth of Blood Pressure Monitors

An upsurge in the incidence of chronic disease, along with the growing geriatric population, is anticipated to bolster the market growth in the forecast period. The rising healthcare investment in developing and developed countries and escalating demand for proactive monitoring are likely to propel the market growth of blood pressure monitors over the coming years.

Sphygmomanometer Segment to Hold Significant Market Share for Blood Pressure Monitors

The sphygmomanometer segment has registered substantial demand in the market for blood pressure monitors due to technological advancements and new product launches. Moreover, favourable features like accuracy, design, quality, cuff size, convenience, portability, and affordability are likely to fuel the demand for sphygmomanometers in the overall blood pressure monitors market over the forecast period.

Key Players in the Global Market for Blood Pressure Monitors

The report presents a detailed analysis of the following key players in the global blood pressure monitors market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Hill-Rom Holdings, Inc.
• OMRON Corporation
• Masimo Corporation
• Nihon Kohden Corporation
• Beurer GmbH
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report