Blood Pressure Monitors Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors Blood Pressure Monitors Market of Market
The blood pressure monitors market size was reached at value of USD 1.60 billion in 2022 and the market is now projected to grow from USD 1.73 billion in 2023 to USD 3.10 billion by 2030, exhibiting a CAGR of 8.8% during the forecast period of 2023-2030.
Importance of routine checkups gaining preference among general population resulting in greater use of blood pressure monitor market growth. Manufacturers and market players are using advanced technologies to control blood pressure and other health issues hence boosting market growth.
The rising prevalence of chronic disorders such as hypertension and other health related issues is prevailing market expansion. Moreover, the governments and private organizations are creating awareness and running programs about the appropriate management of hypertension are propelling blood pressure monitors market growth. People are focusing on self diagnoses and routine check-ups prevailing market growth. Manufacturers and prominent market players are developing gadgets with enhanced functionalities which has led to increasing demand for blood pressure monitor blood pressure monitors market growth.
Additionally, due to shifting of patients from hospital to home is fueling market growth. Moreover, wearable equipment’s comes with advanced features which can precisely measure blood pressure and body temperature booming blood pressure monitors market growth.
Comprehensive Analysis of Blood Pressure Monitors Market
The blood pressure monitors market is with an exponential rate due to its market segmentation. This market expansion effectively provides a detailed geographical assessment considering the dominant supply and demand forces that impact the pharmacy benefit management industry. These segmentations are methodically segregated by types of products and by end users. The types of Product segment include Sphygmomanometer, Digital BP Monitors, and Ambulatory BP Monitors, while End-user segment include Home Healthcare, Hospitals & Clinics, and Others.
In the blood pressure monitors market, North America region lead the blood pressure devices with a market size of USD 0.68 billion in 2023 owing to robust healthcare infrastructure and adoption of advanced technologies in wearable devices to measure blood pressure and body temperature.
The prominent players in the market play a crucial role in the healthcare industry assuring industrial prospectus growth and setting market standards. These players include, Hill-Rom Holdings, Inc. (U.S.), Nihon Kohden Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Omron Healthcare, Inc. (Japan), Masimo (U.S.), GE Healthcare (General Electric Company) (U.S.), Beurer GmbH (Germany), American Diagnostic Corporation (Europe) and SunTech Medical, Inc. (U.S.) these prominent market players provide a level-playing competitive landscape.
In September 2022, Garment Ltd. Has announced the debut of the smart blood pressure monitor that can effortlessly access systolic and diastolic blood pressure at home.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 8.8% from 2023-2030
Unit Value (USD billion)
Segmentation By Product, End-user, and Region
By Product Sphygmomanometer
Digital BP Monitors
Ambulatory BP Monitors
By End-user Hospitals & Clinics
Home Healthcare
Others
By Geography North America (By Product, By End-user, and by Country)
- U.S.
- Canada
Europe (By Product, By End-user, and by Country/Sub-region)
- U.K.
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific (By Product, By End-user, and by Country/Sub-region)
- China
- Japan
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
Latin America (By Product, By End-user, and by Country/Sub-region)
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa (By Product, By End-user, and by Country/Sub-region)
- GCC
- South Africa
- Rest of Middle East & Africa
Please Note: It will take 2-3 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
- 4. Key Insights
- 4.1. Prevalence of Hypertension - by Key Countries/ Region
- 4.2. Overview of New Product Launches
- 4.3. Key Industry Developments – Mergers, Acquisitions, and Partnerships
- 4.4. Impact of COVID-19 on the Market
- 5. Global Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2030
- 5.1. Market Analysis, Insights and Forecast – By Product
- 5.1.1. Sphygmomanometer
- 5.1.2. Digital BP Monitors
- 5.1.3. Ambulatory BP Monitors
- 5.2. Market Analysis, Insights and Forecast – By End-user
- 5.2.1. Hospitals & Clinics
- 5.2.2. Home Healthcare
- 5.2.3. Others
- 5.3. Market Analysis, Insights and Forecast – By Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East & Africa
- 6. North America Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2030
- 6.1. Market Analysis, Insights and Forecast – By Product
- 6.1.1. Sphygmomanometer
- 6.1.2. Digital BP Monitors
- 6.1.3. Ambulatory BP Monitors
- 6.2. Market Analysis, Insights and Forecast – By End-user
- 6.2.1. Hospitals & Clinics
- 6.2.2. Home Healthcare
- 6.2.3. Others
- 6.3. Market Analysis, Insights and Forecast – By Country
- 6.3.1. U.S.
- 6.3.2. Canada
- 7. Europe Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2030
- 7.1. Market Analysis, Insights and Forecast – By Product
- 7.1.1. Sphygmomanometer
- 7.1.2. Digital BP Monitors
- 7.1.3. Ambulatory BP Monitors
- 7.2. Market Analysis, Insights and Forecast – By End-user
- 7.2.1. Hospitals & Clinics
- 7.2.2. Home Healthcare
- 7.2.3. Others
- 7.3. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 7.3.1. UK
- 7.3.2. Germany
- 7.3.3. France
- 7.3.4. Italy
- 7.3.5. Spain
- 7.3.6. Rest of Europe
- 8. Asia pacific Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2030
- 8.1. Market Analysis, Insights and Forecast – By Product
- 8.1.1. Sphygmomanometer
- 8.1.2. Digital BP Monitors
- 8.1.3. Ambulatory BP Monitors
- 8.2. Market Analysis, Insights and Forecast – By End-user
- 8.2.1. Hospitals & Clinics
- 8.2.2. Home Healthcare
- 8.2.3. Others
- 8.3. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 8.3.1. Japan
- 8.3.2. China
- 8.3.3. India
- 8.3.4. Australia
- 8.3.5. Rest of Asia Pacific
- 9. Latin America Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2030
- 9.1. Market Analysis, Insights and Forecast – By Product
- 9.1.1. Sphygmomanometer
- 9.1.2. Digital BP Monitors
- 9.1.3. Ambulatory BP Monitors
- 9.2. Market Analysis, Insights and Forecast – By End-user
- 9.2.1. Hospitals & Clinics
- 9.2.2. Home Healthcare
- 9.2.3. Others
- 9.3. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 9.3.1. Brazil
- 9.3.2. Mexico
- 9.3.3. Rest of Latin America
- 10. Middle East & Africa Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2030
- 10.1. Market Analysis, Insights and Forecast – By Product
- 10.1.1. Sphygmomanometer
- 10.1.2. Digital BP Monitors
- 10.1.3. Ambulatory BP Monitors
- 10.2. Market Analysis, Insights and Forecast – By End-user
- 10.2.1. Hospitals & Clinics
- 10.2.2. Home Healthcare
- 10.2.3. Others
- 10.3. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 10.3.1. GCC Countries
- 10.3.2. South Africa
- 10.3.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis (2022)
- 11.2. Company Profiles (Overview, Products, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 11.2.1. Koninklijke Philips N.V.
- 11.2.1.1. Overview,
- 11.2.1.2. Products,
- 11.2.1.3. SWOT analysis,
- 11.2.1.4. Recent developments,
- 11.2.1.5. strategies,
- 11.2.1.6. financials (based on availability)
- 11.2.2. HILL-ROM HOLDINGS, INC.
- 11.2.2.1. Overview,
- 11.2.2.2. Products,
- 11.2.2.3. SWOT analysis,
- 11.2.2.4. Recent developments,
- 11.2.2.5. strategies,
- 11.2.2.6. financials (based on availability)
- 11.2.3. Omron Healthcare, Inc.
- 11.2.3.1. Overview,
- 11.2.3.2. Products,
- 11.2.3.3. SWOT analysis,
- 11.2.3.4. Recent developments,
- 11.2.3.5. strategies,
- 11.2.3.6. financials (based on availability)
- 11.2.4. Masimo
- 11.2.4.1. Overview,
- 11.2.4.2. Products,
- 11.2.4.3. SWOT analysis,
- 11.2.4.4. Recent developments,
- 11.2.4.5. strategies,
- 11.2.4.6. financials (based on availability)
- 11.2.5. Nihon Kohden Corporation
- 11.2.5.1. Overview,
- 11.2.5.2. Products,
- 11.2.5.3. SWOT analysis,
- 11.2.5.4. Recent developments,
- 11.2.5.5. strategies,
- 11.2.5.6. financials (based on availability)
- 11.2.6. GE Healthcare (General Electric Company)
- 11.2.6.1. Overview,
- 11.2.6.2. Products,
- 11.2.6.3. SWOT analysis,
- 11.2.6.4. Recent developments,
- 11.2.6.5. strategies,
- 11.2.6.6. financials (based on availability)
- 11.2.7. Beurer GmbH
- 11.2.7.1. Overview,
- 11.2.7.2. Products,
- 11.2.7.3. SWOT analysis,
- 11.2.7.4. Recent developments,
- 11.2.7.5. strategies,
- 11.2.7.6. financials (based on availability)
- 11.2.8. American Diagnostic Corporation (ADC)
- 11.2.8.1. Overview,
- 11.2.8.2. Products,
- 11.2.8.3. SWOT analysis,
- 11.2.8.4. Recent developments,
- 11.2.8.5. strategies,
- 11.2.8.6. financials (based on availability)
- 11.2.9. SunTech Medical, Inc.
- 11.2.9.1. Overview,
- 11.2.9.2. Products,
- 11.2.9.3. SWOT analysis,
- 11.2.9.4. Recent developments,
- 11.2.9.5. strategies,
- 11.2.9.6. financials (based on availability)
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