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Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Blood Pressure Monitors Market Outlook

The global blood pressure monitors market size attained a value of USD 1.79 billion in 2023. The major market drivers include the rising incidences of hypertension, the rising awareness regarding blood pressure monitor devices, and increasing investments in healthcare. The market is anticipated to grow at a CAGR of 7.1% during the forecast period of 2024-2032 to attain a value of USD 3.32 billion by 2032.

blood pressure monitors market

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North America Holds a Substantial Share of the Global Market for Blood Pressure Monitors

North America has registered substantial growth in the market for blood pressure monitors owing to the increasing prevalence of high blood pressure and hypertension among the people, along with changing eating and living habits of people. The United States has witnessed major demand for blood pressure monitors due to the high prevalence of hypertension among people, ranging from youngsters to older generation, along with the uncontrolled rate of high blood pressure, which is supporting the growth of blood pressure monitors market in the country. Furthermore, the robust healthcare infrastructure and surging investments in the development of effective and precise BP monitors are driving the market in the region.

The Asia Pacific region is projected to witness significant growth in the market for blood pressure monitors on account of the rising awareness as well as the prevalence of hypertension in the region. The introduction of various favourable government initiatives toward hypertension management such as “The HOPE Asia Network” is likely to support the growth of blood pressure monitors market in the region over the forecast period.

Market Segmentation

A blood pressure monitor refers to a device that is used to measure the accurate blood pressure of an individual and contains an inflatable cuff, air pressure sensor, and a pump. It aids in the management of blood pressure at home to prevent health complications related to hypertension. It is easy to use and reduces healthcare expenditure.

blood pressure monitors market by segments

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Based on product, the market for blood pressure monitors, is divided into:

  • Sphygmomanometer 
    • Mercury
    • Aneroid
    • Digital
  • Automated BP Monitors
  • Ambulatory BP Monitors

By end-use, the market is segmented into:

  • Hospitals and Clinics 
  • Home Healthcare 
  • Others

The EMR report looks into the regional markets of blood pressure monitors like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

blood pressure monitors market by region

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Rise in Healthcare Expenditure Likely to Boost the Market Growth of Blood Pressure Monitors

An upsurge in the incidence of chronic disease, along with the growing geriatric population, is anticipated to bolster the market growth in the forecast period. The rising healthcare investment in developing and developed countries and escalating demand for proactive monitoring are likely to propel the market growth of blood pressure monitors over the coming years.

Sphygmomanometer Segment to Hold Significant Market Share for Blood Pressure Monitors

The sphygmomanometer segment has registered substantial demand in the market for blood pressure monitors due to technological advancements and new product launches. Moreover, favourable features like accuracy, design, quality, cuff size, convenience, portability, and affordability are likely to fuel the demand for sphygmomanometers in the overall blood pressure monitors market over the forecast period.

Key Players in the Global Market for Blood Pressure Monitors

The report presents a detailed analysis of the following key players in the global blood pressure monitors market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Hill-Rom Holdings, Inc.
  • OMRON Corporation
  • Masimo Corporation
  • Nihon Kohden Corporation
  • Beurer GmbH
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • End User
  • Region
Breakup by Product
  • Sphygmomanometer
  • Automated BP Monitors
  • Ambulatory BP Monitors
Breakup by End User
  • Hospitals and Clinics
  • Home Healthcare
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Koninklijke Philips N.V.
  • HILL-ROM HOLDINGS, INC.
  • Omron Healthcare, Inc.
  • Masimo
  • Nihon Kohden Corporation
  • GE Healthcare (General Electric Company)
  • Beurer GmbH
  • American Diagnostic Corporation
  • SunTech Medical, Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global blood pressure monitor market attained a value of USD 1.79 billion in 2023.

The market is projected to expand at a CAGR of 7.1% from 2024 to 2032, growing to USD 3.32 billion by 2032.

The major market drivers include the rising incidences of hypertension, the rising awareness regarding blood pressure monitor devices, and increasing investments in healthcare.

The key trends guiding the growth of the market include technological advancements, changing lifestyles, and the rising use of sphygmomanometers.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various products of blood pressure monitors include sphygmomanometers, automated BP monitors, and ambulatory BP monitors.

The major end-uses of blood pressure monitors include hospitals and clinics, and home healthcare, among others.

The major players in the market are Hill-Rom Holdings, Inc., OMRON Corporation, Masimo Corporation, Nihon Kohden Corporation, and Beurer GmbH, among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124