Global Blood Pressure Monitoring and Measurement Instruments Market to Reach US$4.3 Billion by 2030
The global market for Blood Pressure Monitoring and Measurement Instruments estimated at US$2.3 Billion in the year 2023, is expected to reach US$4.3 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2023-2030. Sphygmomanometers, one of the segments analyzed in the report, is expected to record a 7.7% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the Automated / Digital Blood Pressure Monitor segment is estimated at 10.9% CAGR over the analysis period.
The U.S. Market is Estimated at US$597.0 Million While China is Forecast to Grow at 12.4% CAGR
The Blood Pressure Monitoring and Measurement Instruments market in the U.S. is estimated at US$597.0 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$957.5 Million by the year 2030 trailing a CAGR of 12.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.3% and 7.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.
Global Blood Pressure Monitoring and Measurement Instrument Market - Key Trends and Drivers Summarized
Blood pressure (BP) measurement is a critical parameter for monitoring, controlling, and treating various human health conditions. This is accomplished through a range of instruments, with mechanical or mercury manometers and oscillometric digital sphygmomanometers being the most commonly used devices. The global blood pressure monitoring instruments market is expanding rapidly led by factors such as increasing prevalence of hypertension, linked to lifestyle changes such as stress, poor diet, and lack of physical activity. An aging population that requires regular monitoring, combined with growing public awareness and government initiatives promoting cardiovascular health, further supports this demand. Healthcare organizations worldwide are encouraging individuals to measure their blood pressure regularly to manage the condition proactively.
Technological advancements have revolutionized blood pressure monitoring, incorporating innovations such as artificial intelligence, machine learning, and connectivity with smart devices. The integration allows users and healthcare professionals to monitor and analyze data trends, improving diagnosis and treatment accuracy. Wearable and portable monitors are gaining popularity, particularly among fitness enthusiasts and those preferring home healthcare due to its convenience. In emerging markets, improving healthcare infrastructure and rising middle-class purchasing power have driven demand, as people become more aware of the importance of chronic disease management.
Manufacturers are responding to these trends by focusing on innovative device designs, developing cuffless, wireless, and non-invasive instruments to enhance user comfort and compliance. Recent developments have introduced cuffless and continuous BP monitoring technologies aimed at enhancing user experience. Most novel BP measurement devices focus on providing continuous, cuffless monitoring, distinguishing them from traditional cuff-based methods. Such innovations, along with smart data management and a rising health-conscious population, are fostering strong growth in the blood pressure monitoring market. The convergence of these technological, demographic, and health-awareness factors is expected to sustain this positive trend, as healthcare providers increasingly rely on proactive monitoring for better health outcomes.
Select Competitors (Total 46 Featured) -
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook