Global Blood Pressure Monitoring Devices Market Outlook, 2028

The global epidemic of hypertension/hypotension is largely uncontrolled and remains the leading cause of deaths worldwide. With modern lifestyles characterized by sedentary routines and dietary imbalances, a growing number of individuals are grappling with hypertension more as compared to hypotension. According the World Health Organization (WHO), the number of people living with hypertension has reached a value of 1.28 billion. About 580 million people with hypertension (41% of women and 51% of men) were unaware of their condition because they were never diagnosed. According to World Health Federation (WHF), Asia Pacific contributes to the highest percentage of deaths due to hypertension. But the greatest increases in the absolute burden of hypertension are currently being seen in East Asia and the Pacific, Latin America and the Caribbean, South Asia, and Sub-Saharan Africa. As a result, the demand for blood pressure monitoring devices has surged. These devices, ranging from traditional arm cuffs to more advanced digital monitors, play a crucial role in empowering patients to track their blood pressure regularly in the comfort of their homes. By fostering proactive health management and enabling timely medical interventions, these devices not only offer convenience but also contribute to the reduction of complications associated with uncontrolled blood pressure. However, it's imperative that healthcare systems and providers globally ensure proper education and guidance regarding accurate usage of these devices, maximizing their potential to enhance patient well-being.

According to the research report Global Blood Pressure Monitoring Devices Market Outlook, 2023-28, The market for blood pressure monitoring devices was valued at around USD 4.40 Billion in 2022 and is projected to grow on an average of 8.50% CAGR from 2023-2028. Blood pressure monitors and their crucial function in healthcare have experienced a considerable rise in awareness on a global scale. The use of these gadgets has expanded from hospital settings to regular homes as populations grow more health-conscious. This development shows a growing awareness of the value of proactive health management and hypertension early identification. With the development of technology, blood pressure monitors have transformed into wearable, precise, and easy-to-use devices that easily fit into contemporary lifestyles. This increased awareness has sparked educational efforts, conferences, and campaigns all around the world that place an emphasis on effective monitoring methods and reading interpretation. As a result, individuals are more equipped for determining what is best for their health, which has caused a global shift in favor of prioritizing cardiovascular health. The incorporation of blood pressure monitoring tools into daily activities denotes a positive transition and promotes a future in which everyone may contribute to a healthier planet. The market for blood pressure monitoring devices has been shaped in part by governmental policies. For the licensing and marketing of medical devices, including blood pressure monitors, regulatory authorities like the European Medicines Agency (EMA) and the U.S. Food and Drug Administration (FDA) have created standards and recommendations. These rules guarantee the security, effectiveness, and precision of the equipment sold on the market. Governments in various nations have launched campaigns to increase public awareness of hypertension and the value of routine blood pressure monitoring.

The global market is been divided into five regions: North America, Europe, APAC, South America, and MEA. Among these, North America holds the largest share of the global market for blood pressure monitoring devices, serving as a beacon of technological progress and health awareness. The market for blood pressure monitoring devices has long been dominated by North America with a market size of around USD 1.70 Billion in 2022. This is due to a well-established healthcare infrastructure, advanced technology adoption, and strong regulatory frameworks. In North America, United States is dominating the market with a market size of nearly 1.10 Billion in 2022. The prevalence of chronic diseases like heart disease and hypertension in the United States has made ongoing monitoring more important. Devices for measuring blood pressure have become easier to use, more precise, and more widely available because to technological improvements. Many blood pressure monitors may now sync with mobile apps, enabling users to effortlessly follow their readings over time. This is made possible by the rise of smartphones and wearable technologies. Due to the seamless integration of technology, many Americans now routinely check their blood pressure, which has increased the adoption of these gadgets. In Unites States, the concentrations of counties with the highest hypertension prevalence - meaning the top quintile - are located primarily in Mississippi, Louisiana, Arkansas, Oklahoma, Texas, Kentucky, Tennessee, Alabama, Georgia, South Carolina, North Carolina, Virginia, Maine, and Michigan. Pockets of high-rate counties also were found in Florida, New Mexico, Arizona, Nevada, and Missouri. In region like APAC where the individuals are becoming more proactive about monitoring their health, particularly their blood pressure, The Blood Pressure Monitoring Devices Market is expected to grow at near to 10.00% CAGR from 2023-2028. As healthcare awareness spreads across the APAC region, the growing understanding of the importance of early detection and prevention has fueled the demand for accessible and accurate blood pressure monitoring solutions. The aging population in many APAC countries has led to a higher incidence of hypertension and related health conditions. In the Asia-Pacific area, China and Japan have emerged as major players with the largest market shares. China has emerged as a major player in the medical device manufacturing industry, driven by its large population, growing healthcare needs, and advancements in technology.

There are several prominent medical device companies in China that are known for manufacturing blood pressure monitoring devices including Andon Health, Yuwell Medical Equipment & Supply Co., Ltd, Contec Medical Systems Co., Ltd, and iHealth Lab Inc. Japan, on the other hand, is renowned for its high-quality precision manufacturing and technological innovation thus through this it is expected that the Japan blood pressure monitoring device market to reach a USD 210 Million by 2028. Japan has several renowned medical device companies like Omron Healthcare Co., Ltd., A&D Company, Limited, Terumo Corporation, and Nihon Kohden Corporation. Apart from these, India Blood Pressure Monitoring Device Market is expected to grow at a great CAGR from 2023-28. As the country faces a growing burden of lifestyle-related conditions such as hypertension, heart disease, and diabetes, individuals are becoming more proactive about their health. This increased awareness has led to a higher demand for tools like blood pressure monitors that allow people to monitor and manage their conditions effectively. In India, many pharmaceuticals have also joined hand-to-hands to make public aware about the blood pressure monitoring devices. Like Glenmark Pharma has joined hands with OMRON Healthcare, the Indian arm of the Japanese medtech company that's known for its blood pressure monitoring devices to create awareness among 18 years and above to monitor blood pressure at home.

The market is segmented into device types which are further categorized into Aneroid/ Sphygmomanometer BP Monitor, Automated/Digital, BP Transducers, Blood Pressure Instrument Accessories (BP Cuff, Bladders, Bulbs and Valves), Ambulatory BP Monitors. Digital blood pressure monitoring devices have become a dominant force in the global market, accounting for the largest part of the healthcare technology industry. These gadgets frequently have features like automated readings, data storage, and communication to cloud services or smartphone apps. Such features appeal to the tech-savvy populace, where people are increasingly looking for ways to incorporate health monitoring easily into their regular routines. Global market boasts a substantial market share in the Blood Pressure Transducers sector. Blood pressure transducers find applications in various healthcare settings, including hospitals, clinics, ambulatory care, and home healthcare, where accurate blood pressure monitoring is essential for diagnosing and managing conditions like hypertension, hypotension, and other cardiovascular issues. While digital automated blood pressure monitors have gained popularity for their ease of use and integration into electronic health records, aneroid blood pressure devices continue to hold a significant place in the market.

Based on the Automated/ Digital Blood Pressure Monitoring Devices Type, the Upper arm blood pressure monitoring devices are the most commonly used type of blood pressure measurement tools in various healthcare settings and for personal health monitoring. The upper arm is a preferred location for blood pressure measurements because it provides a stable and consistent point of measurement. This region is closer to the heart and major arteries, resulting in more accurate readings that closely reflect the actual blood pressure levels within the circulatory system. Digital upper arm blood pressure monitors have become particularly popular due to their ease of use. Wrist and finger blood pressure devices are alternative types of blood pressure monitoring tools that offer unique advantages and conveniences compared to the more traditional upper arm devices. While they have gained some popularity, wrist and finger devices are generally considered to have certain limitations and may not always provide readings as accurate as those obtained from upper arm monitors.

Based on the end-users the home healthcare industry has dominated the blood pressure monitoring equipment market. This development is a result of a wider change toward patient-centered treatment, technological developments, and the empowerment of people to actively manage their health, especially their cardiovascular health. The market is also segmented into three categories based on the distributional channel as hospital pharmacies, retail pharmacies and online. In the healthcare landscape of Global market, the hospital pharmacies segment has established itself as a dominant player, commanding the largest share in the distribution of medical products, including blood pressure monitoring devices. Hospital pharmacies offer several advantages, such as immediate access to medical professionals, integration with patient records, and the ability to provide specialized care and guidance. This prominence is attributed to the critical role hospitals play in acute care, specialized treatments, and comprehensive medical services. However, the landscape of healthcare purchasing is evolving, and the retail pharmacy and online segments are witnessing substantial growth. The convenience of retail pharmacies, often located within communities, appeals to patients seeking quick access to over-the-counter medical devices, including blood pressure monitors. Moreover, retail pharmacies provide a bridge between hospital care and routine health management, allowing patients to continue monitoring their health post-hospitalization. The online purchase of medical devices, including blood pressure monitoring devices, is experiencing significant growth due to technological advancements and changing consumer behaviors. Online platforms offer a vast selection, competitive pricing, and the convenience of doorstep delivery. This trend is further accelerated by the increasing adoption of telemedicine and remote patient monitoring, where patients can purchase devices online and share data with healthcare providers electronically.

The COVID-19 pandemic has had a multifaceted impact on the blood pressure device market globally, reshaping consumer behavior, healthcare practices, and technological innovation. With the pandemic emphasizing the importance of proactive health management, the demand for blood pressure monitoring devices experienced a notable surge. As individuals became more conscious of their well-being, there was a heightened interest in tracking cardiovascular health from the comfort of their homes. The closure of healthcare facilities and the reluctance to visit clinics due to infection concerns accelerated the adoption of remote monitoring solutions. Telehealth and virtual consultations became pivotal, prompting a greater reliance on blood pressure devices that could seamlessly transmit accurate readings to healthcare providers. As a result, there was a notable shift towards smartphone-connected devices and wearable’s that enabled individuals to share real-time data with medical professionals. On the flip side, disruptions in global supply chains and manufacturing processes caused temporary challenges in the availability of certain devices. Despite these hurdles, the market exhibited resilience, adapting swiftly to meet the increased demand and evolving needs of consumers. Overall, the COVID-19 pandemic catalyzed a paradigm shift in the blood pressure device market, accelerating the adoption of digital health solutions and reinforcing the significance of proactive health management in the face of unprecedented challenges.

Major companies covered in the report:

Omron Corporation, Koninklijke Philips N.V., Welch Allyn, Inc.,Panasonic Holdings Corporation, Halma plc , General Electric Company, Masimo Corporation, Microlife Corporation, Nihon Kohden Corporation , Drägerwerk AG & Co. KGaA , Spacelabs Healthcare, A&D Company Limited , ICU Medical, Inc, Morepen Laboratories Ltd., Withings, Beurer GmbH, American Diagnostic Corporation, Rossmax International Ltd, Mindray Medical International Limited, BPL Ltd.

Considered in this report:

• Geography: Global
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:

• Global Blood Pressure Monitoring Devices Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Device:

• Aneroid/ Sphygmomanometer BP Monitor
• Automated/Digital
• BP Transducers
• Blood Pressure Instrument Accessories (BP Cuff, Bladders, Bulbs and Valves)
• Ambulatory BP Monitors, Hydration Gear, Illumination Gear, Fire Starters, Repair Kit and Tools, etc.)

By Automated/ Digital Blood Pressure Monitoring Devices Type:

• Upper Arm
• Wrist
• Finger

By Automated/ Digital Blood Pressure Monitoring Devices Technology Type:

• Non-Smart/ Wired
• Smart/ Wireless

By End-User:

• Hospitals & Clinics
• Home Healthcare
• Others

By Distributional Channel:

• Hospital Pharmacies
• Retail Pharmacies
• Online Stores

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Adventure Sports Gear industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.