Blood Pressure Monitoring Device Market Growth, Size, Share, Trends, and Forecast 2032

The global Blood Pressure Monitoring Device Market accrued earnings worth approximately 4.12 (USD Billion) in 2021 and is predicted to gain revenue of about 7.57 (USD Billion) by 2028, is set to record a CAGR of nearly 7.6% over the period from 2022 to 2028. The study provides assessment and analysis of the Blood Pressure Monitoring Device Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).

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Blood Pressure Monitoring Device Market: Outlook

Blood pressure monitoring devices are utilized in measurement of blood pressure in arteries. It plays a key role in managing, measuring, and monitoring high blood pressure. The measurement and observations made by these devices are highly accurate and assist doctors of effective medical treatment. Reportedly, an individual requires accurate blood pressure reading with a view to prevent heart disorders and strokes. Furthermore, blood pressure monitoring devices facilitate individuals in testing blood pressure at home. Escalating demand for sensor-driven devices and digitized equipment will steer expansion of blood pressure monitoring device industry.

Moreover, rise in occurrence of diabetes, obesity, and high blood pressure will prompt demand for blood pressure monitoring device. Firms have added to existing product portfolio, thereby helping blood pressure monitoring device market enter new era of growth. For instance, in January 2021, Koninklijke Philips N.V. entered into partnership with Rennes University in France for reinforcing product line through new offerings in diagnostics, imaging, and patient monitoring device.

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Blood Pressure Monitoring Device Market: Growth Drivers

Rise in occurrence of heart disorders including cardiac arrhythmia and high blood pressure can leverage expansion of blood pressure monitoring device industry. In addition to this, a prominent surge in use of blood pressure monitor devices for diagnosing comorbidities post COVID-19 pandemic will drive industry trends. Reportedly, high blood pressure is one of the most common morbidities witnessed in patients hospitalized for COVID-19 virus. Furthermore, technological breakthroughs can enhance exactitude of home blood pressure monitoring equipment. Evolution of mHealth sector and changes witnessed in hypertension diagnosis & management has resulted in huge demand for home blood pressure monitors as a key diagnostic tool. This will enhance size of blood pressure monitoring device market.

Moreover, escalating demand for non-invasive blood pressure monitoring devices will succor elevation of blood pressure monitoring device market. Surge in smart phone use across globe has culminated into humungous demand for product in forthcoming years. Emergence of new mobile techniques addressing hypertension monitoring and relevant for physicians will expand product line over ensuing years. Nevertheless, inadequate compensation guidelines for diagnostics methods can hinder expansion of blood pressure monitoring devices industry.

Report Scope:

Blood Pressure Monitoring Device Market: Regional Landscape

Asia Pacific Market Growth To Hit Scalable Heights Over 2022-2028

Expansion of blood pressure monitoring device market in Asia Pacific over forecasting years can be credited to rise in aging populace prone to chronic ailments. Surge in patient population pool suffering from hypertension and high focus on key players on investing in APAC countries will drive regional market growth. Countries such as Japan and China are projected to be major regional revenue pockets.

Furthermore, swiftly improving healthcare facilities and increase in undiagnosed & untreated high blood pressure cases in region will provide impetus to growth of blood pressure monitoring devices market in Asia Pacific zone. Favorable government policies and focus on using user-friendly devices for monitoring blood pressure will create huge demand for blood pressure monitoring devices.

Blood Pressure Monitoring Device Market: Competitive Landscape

Key players favorably leveraging growth of blood pressure monitoring device industry and profiled in report are Microlife AG, GF Health Products Inc., Omron Healthcare Co., Ltd., Panasonic Corporation, A&D Medical Inc., Kaz Inc., Welch Allyn Inc., American Diagnostics Corporation, SunTech Medical, Inc., Withings, Briggs Healthcare, Philips Healthcare, Rossmax International Ltd., Spacelabs Healthcare Inc., and GE Healthcare.

The global Blood Pressure Monitoring Device Market is segmented as follows:

By Product

• Sphygmomanometers/Aneroid BP Monitors
• Ambulatory BP Monitors

By End-Use

• Hospitals
• Home Healthcare
• Ambulatory Units

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa