Digital Blood Pressure Monitors Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Digital Blood Pressure Monitors Market

The global digital blood pressure monitors market has experienced significant growth over the past decade, driven by technological advancements, increasing prevalence of hypertension, and a shift towards home-based healthcare solutions. According ta report by Fortune Business Insights, the market was valued at USD 666.6 million in 2017 and is projected treach USD 2,732.9 million by 2032, exhibiting a compound annual growth rate (CAGR) of 9.8% during the forecast period.

Technological Advancements and Product Innovation

The transition from traditional mercury sphygmomanometers tdigital blood pressure monitors has been pivotal in reshaping blood pressure measurement practices. Digital monitors utilize oscillometric methods, providing precise and accurate readings with user-friendly interfaces. The integration of digital monitors with smartphones and the development of wearable devices have further enhanced patient compliance and data tracking. For instance, in January 2021, Aktiia SA launched a 24/7 automated blood pressure monitoring system that continuously monitors blood pressure, even during sleep.

Rising Prevalence of Hypertension and Cardiovascular Diseases

Hypertension remains a leading risk factor for cardiovascular diseases worldwide. The World Health Organization reported that an estimated 1.28 billion adults aged 30–79 years globally have hypertension, with a significant number residing in low- and middle-income countries. This escalating prevalence underscores the necessity for regular blood pressure monitoring, propelling the demand for digital blood pressure monitors.

Shift Towards Home Healthcare Settings

There is a growing trend of patients preferring home-based monitoring solutions for chronic conditions like hypertension. Digital blood pressure monitors designed for home use offer convenience and empower patients tactively participate in managing their health. The COVID-19 pandemic further accelerated this shift, as remote monitoring became essential treduce hospital visits. According ta 2022 article published by the National Health Service (NHS), regular home blood pressure monitoring across a population of 50,000 patients could prevent up t500 heart attacks and 745 strokes over five years.

Regional Market Insights

North America dominated the digital blood pressure monitors market, holding a market share of 40.56% in 2017. This dominance is attributed tthe high prevalence of cardiovascular diseases, advanced healthcare infrastructure, and increased health awareness among the population. Asia Pacific is anticipated texhibit significant growth during the forecast period, driven by the rising incidence of hypertension, improving healthcare facilities, and increasing adoption of digital health technologies in countries like China and India.

Challenges and Restraints

Despite the positive growth trajectory, the market faces certain challenges. The high cost of advanced digital blood pressure monitors can be a barrier, especially in low-income regions. Additionally, limited awareness and the availability of non-validated devices in emerging markets may hinder adoption. For example, a study published by the American Heart Association in 2020 revealed that approximately 93.4% of blood pressure monitors sold on online platforms in Australia were non-validated, raising concerns about accuracy and reliability.

Key Market Players and Competitive Landscape

The market is highly competitive, with key players focusing on research and development tintroduce innovative products. Omron Healthcare, a Japan-based company, held nearly 50% of the global digital blood pressure monitors market in 2019. The company is investing significantly in R&D and expanding operations in emerging economies. Other notable players include American Diagnostic Corporation, Welch Allyn, Koninklijke Philips N.V., Nihon Kohden Corporation, GE Healthcare, Smiths Group, and MasimCorporation.

Future Outlook

The digital blood pressure monitors market is poised for sustained growth, driven by continuous technological advancements, increasing health consciousness, and supportive government initiatives promoting regular blood pressure monitoring. The development of cost-effective and accurate devices, along with efforts traise awareness about hypertension management, will be crucial in addressing market challenges and expanding the adoption of digital blood pressure monitors globally.

SEGMENTATION DETAILS

By Product Type

• Arm Type
• Wrist Type

By End User

• Hospitals
• Ambulatory Surgical Centers & Clinics
• Homecare Settings
• Others

By Geography

• North America (USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexicand Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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