Dynamic Blood Pressure Monitor Market Size, Share, Trends, Growth 2030

Dynamic Blood Pressure Monitor Industry Perspective:

The global dynamic blood pressure monitor market accounted for USD 1.01 Billion in 2022 and is expected to reach USD 2.44 billion by 2030, growing at a CAGR of 11.2%.

The report analyzes the dynamic blood pressure monitor market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the dynamic blood pressure monitor market.

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Global Dynamic Blood Pressure Monitor Market: Overview

Auscultatory blood pressure monitors and mercury sphygmomanometers have been used in clinical practice to assess blood pressure for more than a century. The advent of dynamic blood pressure monitors, however, has changed the blood pressure control scenario and they are being implemented worldwide at a remarkable pace. In order to calculate blood pressure and provide numerical data in a digital form, dynamic blood pressure monitors use the oscillatory process.

Key Insights

• As per the analysis shared by our research analyst, the global dynamic blood pressure monitor market is expected to grow annually at a promising CAGR of around 11.2% during the forecast period 2022-2030.
• In terms of revenue, the global dynamic blood pressure monitor market size was valued at USD 1.01 billion in 2022 and is expected to reach USD 2.44 billion by 2030.
• A dynamic blood pressure monitor is a medical device that continuously measures and records blood pressure in real time. Unlike conventional blood pressure monitors, which provide a snapshot of blood pressure at a single point in time, dynamic blood pressure monitors record blood pressure over an extended period, typically 24 hours.
• Based on type, the smartphone-based BP monitor is expected cite the fastest CAGR during the forecast period.
• Based on application, the home segment is predicted to grow rapidly at the fastest CAGR during the forecast period.
• Based on region, the North American region held the largest market share in the market.

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Global Dynamic Blood Pressure Monitor Market: Growth Factors

Increase in demand for digital blood pressure monitories in the developing economies drive the growth of the market

The main factors associated with the increasing popularity of digital blood pressure monitors are the increased accuracy and precision of dynamic blood pressure monitors in developing economies. In addition, due to the harmful effects associated with traditional mercury sphygmomanometers, population shifts from conventional blood pressure monitors to digital ones are expected to boost the growth of global dynamic blood pressure monitors market during the forecast period. For instance, Hypertension has now become a prevalent cause of worldwide cardiovascular disorders, and its precise calculation is now of utmost importance for early diagnosis and management.

Mercury sphygmomanometers are considered as the gold standard for measuring blood pressure by a non-invasive technique and have long been used in medical practice. However, the hazard posed by mercury toxicity and mercury disposable issues has led to the invention of dynamic blood pressure monitors. The environmental risk associated with disposable mercury has also been removed. The new system is also capable of providing patients with reliable results and is thus expected to report a higher market size of dynamic blood pressure monitors in the forecast period.

Global Dynamic Blood Pressure Monitor Market: Restraints

Extortionate cost of dynamic pressure monitors and lack of awareness about its usage and benefits impede the growth of the market

The high cost of dynamic blood pressure monitors and limited reimbursement policies for home healthcare devices are some of the major challenges faced by this market. Additionally, the lack of awareness about the benefits of dynamic blood pressure monitoring and the availability of alternative monitoring devices could also hinder market growth. Furthermore, the complexities involved in using dynamic blood pressure monitors and the need for trained professionals to operate these devices are other factors that could restrict the growth of the market. Overall, these restraints pose significant challenges to the dynamic blood pressure monitor market, which need to be addressed to unlock its full potential.

Global Dynamic Blood Pressure Monitor Market: Opportunities

Rise in healthcare spending and persistent technological advancements create ample opportunities for the industry

The dynamic blood pressure monitor market presents several opportunities for growth, driven by factors such as the rising prevalence of hypertension, increasing adoption of remote patient monitoring solutions, and technological advancements in the healthcare sector. With the growing demand for accurate and real-time blood pressure monitoring, the market for dynamic blood pressure monitors is poised to witness significant growth in the coming years. Additionally, the increasing geriatric population, growing awareness about health monitoring, and rising healthcare spending are also expected to fuel the growth of this market. Overall, the dynamic blood pressure monitor market presents a lucrative opportunity for manufacturers, healthcare providers, and investors to capitalize on the growing demand for blood pressure monitoring solutions.

Global Dynamic Blood Pressure Monitor Market: Challenges

Rising competition and prevalence of regulatory hurdles acts challenges for the market

The dynamic blood pressure monitor industry faces several challenges, including regulatory hurdles, pricing pressures, and increasing competition. Meeting regulatory requirements and obtaining approvals can be a complex and time-consuming process, which can delay product launches and hinder market growth. Moreover, pricing pressures from healthcare providers and payers, as well as from competitors, can affect profit margins and make it difficult for companies to sustain growth. Additionally, the need for ongoing technological advancements to stay ahead of the competition and meet customer demands can pose a significant challenge for companies operating in this market. Overall, these challenges require careful planning and execution to overcome and succeed in the dynamic blood pressure monitor market.

Global Dynamic Blood Pressure Monitor Market: Segmentation

The global dynamic blood pressure monitor market can be segmented into type, applications, and region.

By type, the market is segmented into normal BP monitors and smartphone-based BP monitors. Of these, smartphone-based BP monitor segment holds the largest share in the global dynamic blood pressure monitor market, owing to its accurate results, being cheaper, and smaller. The rapid growth of multi-parameter wrist-based blood pressure monitors, integrated with smartphones are predicted to drive the growth of smartphone-based BP monitors.

By applications, the market is segmented into hospitals, clinics, home. The home care application is anticipated to grow at a remarkable rate during 2023-2030 due to the rising growth of cardiovascular diseases in developing economies and increasing awareness about the same.

Recent Developments

• In December 2021, Omron Healthcare, one of the leading players in the dynamic blood pressure monitor market, launched a new wrist blood pressure monitor, the HeartGuide 2, which is designed to monitor blood pressure and detect irregular heartbeats. The device is equipped with advanced sensors and algorithms that provide accurate readings and alerts users to potential health issues. Omron Healthcare is expected to strengthen its position in the market with this innovative launch.
• In November 2021, Welch Allyn, a subsidiary of Hillrom, announced the launch of its new Connex Vital Signs Monitor 7, which includes a blood pressure module that can measure both static and dynamic blood pressure. The device is designed to provide accurate and reliable readings, even in challenging clinical environments. Welch Allyn has a strong presence in the clinic and hospital segment of the dynamic blood pressure monitor market, and this launch is expected to further enhance its market position.

Global Dynamic Blood Pressure Monitor Market Report Scope:

Global Dynamic Blood Pressure Monitor Market: Regional Analysis

North America region held the largest market share

Based on regions, the global dynamic blood pressure monitor market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is expected to grow a significant rate in the near future, owing to the rising adoption of inactive lifestyles by the developing economies of the country is leading to the growth of cardiovascular diseases. This is expected to drive the dynamic blood pressure market in Asia Pacific by the end of 2026. North America held the largest market share due to the presence of highly regulated and advanced healthcare infrastructure. Growing investments in the accuracy and effectiveness of BP monitors are also expected to contribute to the growth of the dynamic blood pressure market in North America in the coming years.

Global Dynamic Blood Pressure Monitor Market: Competitive Players

Some of key players in global dynamic blood pressure monitor market are:

• A and D Company
• Omron
• SunTech Medical
• Hill-Rom
• Spacelabs Healthcare
• Beurer
• GE Healthcare
• Bosch + Sohn
• Geratherm Medical
• Masimo Corporation
• Smiths Medical
• Nonin Medical
• CAS Medical Systems
• Philips Healthcare
• Nihon Kohden Corporation
• Microlife
• Norditalia Group
• Rossmax International
• HONSUN
• Riester
• Schiller
• Suzuken
• Withings
• Vasomedical among others

Global dynamic blood pressure monitor market is segmented as follows

By Type

• Normal BP Monitors
• Smartphone-Based BP Monitors

By Applications

• Hospitals
• Clinics
• Home

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