The global smart blood pressure monitoring devices market was estimated to be USD 1.23 billion in 2023 and is expected to reach at USD 3.93 billion by 2034 with a CAGR of 11.14% during the forecast period 2024-2034. Rise in demand for remote monitoring devices, increase in hypertension cases, growing utilization of health monitoring devices, consumers are becoming more aware of the benefits of these devices, surge in prevalence of chronic diseases, rising aging population, increasing lifestyle-related disorders, such as obesity & sedentary behavior, growing technological advancements, including mobile-based blood pressure monitoring systems & digital monitoring devices, and surge in introduction of smart blood pressure monitoring devices are some of the key factors boosting the market growth.
Surge in introduction of smart blood pressure monitoring devices is predicted to boost the market growth during the forecast period. Smart blood pressure monitoring devices allow users to monitor their blood pressure readings instantly. These devices usually consist of an upper arm cuff linked to a digital display screen for viewing the readings. They can be connected to a smartphone or tablet via Bluetooth or Wi-Fi, and the readings can be stored and monitored over time using a companion app. For instance, in May 2022, Vivalink, a prominent provider of digital healthcare solutions, has introduced a multi-vital blood pressure patch designed for remote patient monitoring, which is currently in the research and development stage. This advanced patch employs sophisticated multimodal continuous signal processing to record ECG trace, heart rate, respiratory rate, as well as systolic and diastolic blood pressure, all within a single device.
By type, upper arm blood pressure monitor was the highest revenue-grossing segment in the global smart blood pressure monitoring devices market in 2023. This device is recognized as the most precise method for monitoring blood pressure and can be effortlessly utilized by consumers in their homes to obtain reliable results. Additionally, wrist blood pressure monitor is predicted to grow at the fastest CAGR during the forecast period owing to the convenient & user-friendly device, growing awareness of health & fitness among individuals, and increased introduction of advanced devices. For instance, in August 2023, According to Bloomberg, Apple plans to commemorate the 10th anniversary of its watch by unveiling a substantial upgrade, introducing a new device called the "Watch X." This watch is said to feature a microLED display, providing enhanced color and clarity, along with functionality for users to track their blood pressure.
By technology, bluetooth based was the highest revenue-grossing segment in the global smart blood pressure monitoring devices market in 2023 owing to the majority of blood pressure monitor devices utilize Bluetooth connectivity, and the continual introduction of new devices. For instance, in January 2023, During CES 2023, Valencell unveiled the world's initial cuffless blood pressure monitor, known as the Calibration-Free, Fingertip Blood Pressure Monitor. Additionally, wi-fi based/4G is predicted to grow at the fastest CAGR during the forecast period. A Wi-Fi enabled blood pressure monitor delivers precise and dependable measurements of blood pressure and heart rate, offering instant feedback on the device and maintaining a complete history in the accompanying app. The app can be integrated with various health programs.
North America region is anticipated for the highest revenue share during the forecast period owing to the expanding healthcare infrastructure, growing investments directed towards developing precise & efficient blood pressure monitoring devices, surge in new product introductions, growing technological advancements, and increasing emphasis on innovative device development. For instance, in May 2023, Researchers at the University of California San Diego have created an inexpensive clip that utilizes a smartphone's camera and flash to measure blood pressure at the user's fingertip. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing awareness of sophisticated devices, surge in hypertension cases, significant advancements in healthcare infrastructure, growing number of undiagnosed and untreated cases of high blood pressure, and rising focus on expansion. For instance, in April 2024, Withings has made its debut in India, introducing a lineup of health devices. The company's goal is to enable individuals to track and enhance their health by offering advanced health-tracking technology that is easily accessible. Withings' latest collection of health technology devices comprises connected products like smartwatches, scales, and blood pressure monitors.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Surge in introduction of smart blood pressure monitoring devices is predicted to boost the market growth during the forecast period. Smart blood pressure monitoring devices allow users to monitor their blood pressure readings instantly. These devices usually consist of an upper arm cuff linked to a digital display screen for viewing the readings. They can be connected to a smartphone or tablet via Bluetooth or Wi-Fi, and the readings can be stored and monitored over time using a companion app. For instance, in May 2022, Vivalink, a prominent provider of digital healthcare solutions, has introduced a multi-vital blood pressure patch designed for remote patient monitoring, which is currently in the research and development stage. This advanced patch employs sophisticated multimodal continuous signal processing to record ECG trace, heart rate, respiratory rate, as well as systolic and diastolic blood pressure, all within a single device.
By type, upper arm blood pressure monitor was the highest revenue-grossing segment in the global smart blood pressure monitoring devices market in 2023. This device is recognized as the most precise method for monitoring blood pressure and can be effortlessly utilized by consumers in their homes to obtain reliable results. Additionally, wrist blood pressure monitor is predicted to grow at the fastest CAGR during the forecast period owing to the convenient & user-friendly device, growing awareness of health & fitness among individuals, and increased introduction of advanced devices. For instance, in August 2023, According to Bloomberg, Apple plans to commemorate the 10th anniversary of its watch by unveiling a substantial upgrade, introducing a new device called the "Watch X." This watch is said to feature a microLED display, providing enhanced color and clarity, along with functionality for users to track their blood pressure.
By technology, bluetooth based was the highest revenue-grossing segment in the global smart blood pressure monitoring devices market in 2023 owing to the majority of blood pressure monitor devices utilize Bluetooth connectivity, and the continual introduction of new devices. For instance, in January 2023, During CES 2023, Valencell unveiled the world's initial cuffless blood pressure monitor, known as the Calibration-Free, Fingertip Blood Pressure Monitor. Additionally, wi-fi based/4G is predicted to grow at the fastest CAGR during the forecast period. A Wi-Fi enabled blood pressure monitor delivers precise and dependable measurements of blood pressure and heart rate, offering instant feedback on the device and maintaining a complete history in the accompanying app. The app can be integrated with various health programs.
North America region is anticipated for the highest revenue share during the forecast period owing to the expanding healthcare infrastructure, growing investments directed towards developing precise & efficient blood pressure monitoring devices, surge in new product introductions, growing technological advancements, and increasing emphasis on innovative device development. For instance, in May 2023, Researchers at the University of California San Diego have created an inexpensive clip that utilizes a smartphone's camera and flash to measure blood pressure at the user's fingertip. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing awareness of sophisticated devices, surge in hypertension cases, significant advancements in healthcare infrastructure, growing number of undiagnosed and untreated cases of high blood pressure, and rising focus on expansion. For instance, in April 2024, Withings has made its debut in India, introducing a lineup of health devices. The company's goal is to enable individuals to track and enhance their health by offering advanced health-tracking technology that is easily accessible. Withings' latest collection of health technology devices comprises connected products like smartwatches, scales, and blood pressure monitors.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Type and Technology
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
Segmentation: Smart Blood Pressure Monitoring Devices Market Report 2023 - 2034
Smart Blood Pressure Monitoring Devices Market Analysis & Forecast by Type 2023 - 2034 (Revenue USD Bn)
- Wrist Blood Pressure Monitor
- Finger Blood Pressure Monitor
- Upper Arm Blood Pressure Monitor
Smart Blood Pressure Monitoring Devices Market Analysis & Forecast by Technology 2023 - 2034 (Revenue USD Bn)
- Bluetooth Based
- Wi-Fi Based/4G
Smart Blood Pressure Monitoring Devices Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Smart Blood Pressure Monitoring Devices Market: Type Estimates & Trend Analysis
8. Smart Blood Pressure Monitoring Devices Market: Technology Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Smart Blood Pressure Monitoring Devices Market
11. Europe Global Smart Blood Pressure Monitoring Devices Market
12. Asia Pacific Global Smart Blood Pressure Monitoring Devices Market
13. Latin America Global Smart Blood Pressure Monitoring Devices Market
14. MEA Global Smart Blood Pressure Monitoring Devices Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- Koninklijke Philips N.V.
- Omron Healthcare Inc.
- SunTech Medical Inc.
- ForaCare Suisse AG
- A&D Medical Inc.
- iHealth Labs Inc.
- Beurer GmbH
- Microlife AG
- Welch Allyn
- Qardio Inc
- Withings
- Kaz Inc.
