Global & New Zealand Pressure Monitoring Devices Market to 2033
Description
The market for pressure monitoring devices in New Zealand is currently on an upward trajectory, largely influenced by the country's aging demographic and the rising incidence of chronic health conditions. According to data from Stats NZ published in June 2025, individuals aged 65 and older represented 17% of New Zealand's total population in 2024, with projections indicating that this figure could rise to between 21% and 24% by 2051. This demographic evolution is expected to drive an increased demand for health monitoring solutions, particularly for ailments that are prevalent among older adults.
Research conducted in Canterbury regarding inflammatory bowel disease (IBD) has revealed a troubling trend: the number of individuals diagnosed with IBD has nearly tripled from 2005 to 2024, with older adults constituting 21% of those affected. This significant rise in chronic conditions underscores the urgent need for effective health monitoring technologies that can cater to the growing population of elderly patients.
In response to these challenges, New Zealand is placing a strong emphasis on enhancing its digital health infrastructure. Health New Zealand - Te Whatu Ora is in the process of formulating a comprehensive 10-year Digital Investment Plan aimed at fostering digital healthcare models, which include telehealth services and online health solutions. In February 2025, the Health Research Council of New Zealand (HRC) initiated a funding program worth US$ 5 million dedicated to research on the ethical and safe implementation of artificial intelligence (AI) in healthcare. This initiative aligns with the Government Policy Statement on Health for 2024–2027, which prioritizes the use of AI to enhance health outcomes and ensure timely access to quality care.
The adoption of remote patient monitoring and telehealth services is gaining momentum, particularly as a means to improve healthcare access for underserved and rural communities. In 2024, the New Zealand Telehealth Forum published new guidelines for remote patient monitoring and is actively working to integrate these services with the innovative Patient Anywhere, Clinician Elsewhere (PACE) model of care, set to be implemented in 2025. This integration aims to minimize hospital admissions and reduce the burden on emergency departments, as outlined in their TH BIM 2025 document. Additionally, the New Zealand Health Minister announced the launch of a new 24/7 telehealth service starting in July 2025, designed to enhance access to primary care and alleviate pressure on emergency services. This service will facilitate video consultations and allow healthcare providers to issue prescriptions and referrals, thereby promoting the use of remote monitoring devices.
The New Zealand government is making significant investments in healthcare, as highlighted in the Ministry of Health's Budget for 2025. This budget allocates US$ 5.480 billion for the fiscal year 2025–2026 to address financial pressures and bolster frontline health services. The funding specifically targets primary care initiatives, mental health and addiction telehealth services, and enhancements to health infrastructure, all of which indirectly support the broader adoption of pressure monitoring devices.
Moreover, a comprehensive revision of medical device regulations is currently in progress, spearheaded by the proposed Medical Products Bill, which aims to replace the outdated Medicines Act of 1981. A public webinar held in November 2024 discussed the bill's goals of establishing modern, risk-based regulations, as noted on the Ministry of Health New Zealand's website. In conjunction with this, Pharmac, New Zealand's pharmaceutical management agency, is working on creating a detailed list of medical devices, with a consultation period for additional devices closing on March 31, 2025. The goal is to standardize and enhance the accessibility of medical devices through the Pharmaceutical Schedule, effective from July 1, 2025.
The combination of advancements in digital health infrastructure, substantial government investment in healthcare, and a growing public demand for personalized and home-based care paints a promising picture for the future of the pressure monitoring devices market in New Zealand. As the population continues to age and the prevalence of chronic diseases rises, the need for effective health monitoring solutions will only become more critical, positioning the market for pressure monitoring devices for significant growth in the coming years.
Research conducted in Canterbury regarding inflammatory bowel disease (IBD) has revealed a troubling trend: the number of individuals diagnosed with IBD has nearly tripled from 2005 to 2024, with older adults constituting 21% of those affected. This significant rise in chronic conditions underscores the urgent need for effective health monitoring technologies that can cater to the growing population of elderly patients.
In response to these challenges, New Zealand is placing a strong emphasis on enhancing its digital health infrastructure. Health New Zealand - Te Whatu Ora is in the process of formulating a comprehensive 10-year Digital Investment Plan aimed at fostering digital healthcare models, which include telehealth services and online health solutions. In February 2025, the Health Research Council of New Zealand (HRC) initiated a funding program worth US$ 5 million dedicated to research on the ethical and safe implementation of artificial intelligence (AI) in healthcare. This initiative aligns with the Government Policy Statement on Health for 2024–2027, which prioritizes the use of AI to enhance health outcomes and ensure timely access to quality care.
The adoption of remote patient monitoring and telehealth services is gaining momentum, particularly as a means to improve healthcare access for underserved and rural communities. In 2024, the New Zealand Telehealth Forum published new guidelines for remote patient monitoring and is actively working to integrate these services with the innovative Patient Anywhere, Clinician Elsewhere (PACE) model of care, set to be implemented in 2025. This integration aims to minimize hospital admissions and reduce the burden on emergency departments, as outlined in their TH BIM 2025 document. Additionally, the New Zealand Health Minister announced the launch of a new 24/7 telehealth service starting in July 2025, designed to enhance access to primary care and alleviate pressure on emergency services. This service will facilitate video consultations and allow healthcare providers to issue prescriptions and referrals, thereby promoting the use of remote monitoring devices.
The New Zealand government is making significant investments in healthcare, as highlighted in the Ministry of Health's Budget for 2025. This budget allocates US$ 5.480 billion for the fiscal year 2025–2026 to address financial pressures and bolster frontline health services. The funding specifically targets primary care initiatives, mental health and addiction telehealth services, and enhancements to health infrastructure, all of which indirectly support the broader adoption of pressure monitoring devices.
Moreover, a comprehensive revision of medical device regulations is currently in progress, spearheaded by the proposed Medical Products Bill, which aims to replace the outdated Medicines Act of 1981. A public webinar held in November 2024 discussed the bill's goals of establishing modern, risk-based regulations, as noted on the Ministry of Health New Zealand's website. In conjunction with this, Pharmac, New Zealand's pharmaceutical management agency, is working on creating a detailed list of medical devices, with a consultation period for additional devices closing on March 31, 2025. The goal is to standardize and enhance the accessibility of medical devices through the Pharmaceutical Schedule, effective from July 1, 2025.
The combination of advancements in digital health infrastructure, substantial government investment in healthcare, and a growing public demand for personalized and home-based care paints a promising picture for the future of the pressure monitoring devices market in New Zealand. As the population continues to age and the prevalence of chronic diseases rises, the need for effective health monitoring solutions will only become more critical, positioning the market for pressure monitoring devices for significant growth in the coming years.
Table of Contents
131 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. New Zealand Pressure Monitoring Devices Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Pressure Monitoring Devices Market Key Market Dynamics
- 5.1 Pressure Monitoring Devices Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. New Zealand Pressure Monitoring Devices Market – Analysis
- 6.1 New Zealand Pressure Monitoring Devices Market Revenue (US$ Million), 2022–2033
- 6.2 New Zealand Pressure Monitoring Devices Market Revenue and Forecast Analysis
- 7. New Zealand Pressure Monitoring Devices Market Analysis – by Product
- 7.1 New Zealand Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. New Zealand Pressure Monitoring Devices Market Analysis – by Application
- 8.1 New Zealand Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 9. New Zealand Pressure Monitoring Devices Market Analysis – by End User
- 9.1 New Zealand Pressure Monitoring Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by End User
- 10. Competitive Landscape
- 10.1 Heat Map Analysis by Key Players
- 10.1 Company Positioning and Concentration
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.2 Partnerships and Collaborations
- 11.2 Other Developments
- 12. Company Profiles
- 12.1 Becton Dickinson and Co
- 12.1. 1 Key Facts
- 12.1. 2 Business Description
- 12.1. 3 Products and Services
- 12.1. 4 Financial Overview
- 12.1. 5 SWOT Analysis
- 12.1. 6 Key Developments
- 12.2 Baxter International Inc
- 12.2. 1 Key Facts
- 12.2. 2 Business Description
- 12.2. 3 Products and Services
- 12.2. 4 Financial Overview
- 12.2. 5 SWOT Analysis
- 12.2. 6 Key Developments
- 12.3 Dragerwerk AG & Co KGaA
- 12.3. 1 Key Facts
- 12.3. 2 Business Description
- 12.3. 3 Products and Services
- 12.3. 4 Financial Overview
- 12.3. 5 SWOT Analysis
- 12.3. 6 Key Developments
- 12.4 Omron Healthcare Inc
- 12.4. 1 Key Facts
- 12.4. 2 Business Description
- 12.4. 3 Products and Services
- 12.4. 4 Financial Overview
- 12.4. 5 SWOT Analysis
- 12.4. 6 Key Developments
- 12.5 Medtronic Plc
- 12.5. 1 Key Facts
- 12.5. 2 Business Description
- 12.5. 3 Products and Services
- 12.5. 4 Financial Overview
- 12.5. 5 SWOT Analysis
- 12.5. 6 Key Developments
- 12.6 Koninklijke Philips NV
- 12.6. 1 Key Facts
- 12.6. 2 Business Description
- 12.6. 3 Products and Services
- 12.6. 4 Financial Overview
- 12.6. 5 SWOT Analysis
- 12.6. 6 Key Developments
- 12.7 GE HealthCare Technologies Inc
- 12.7. 1 Key Facts
- 12.7. 2 Business Description
- 12.7. 3 Products and Services
- 12.7. 4 Financial Overview
- 12.7. 5 SWOT Analysis
- 12.7. 6 Key Developments
- 12.8 Integra LifeSciences Holdings Corp
- 12.8. 1 Key Facts
- 12.8. 2 Business Description
- 12.8. 3 Products and Services
- 12.8. 4 Financial Overview
- 12.8. 5 SWOT Analysis
- 12.8. 6 Key Developments
- 12.9 Abbott Laboratories
- 12.9. 1 Key Facts
- 12.9. 2 Business Description
- 12.9. 3 Products and Services
- 12.9. 4 Financial Overview
- 12.9. 5 SWOT Analysis
- 12.9. 6 Key Developments
- 12.10 Terumo Corp
- 12.10. 1 Key Facts
- 12.10. 2 Business Description
- 12.10. 3 Products and Services
- 12.10. 4 Financial Overview
- 12.10. 5 SWOT Analysis
- 12.10. 6 Key Developments
- 13. Appendix
- 13.1 About Business Market Insights
- 13.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. New Zealand Pressure Monitoring Devices Market Segmentation
- Table 2. List of Vendors
- Table 3. New Zealand Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million)
- Table 4. New Zealand Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million)
- Table 5. New Zealand Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by Product
- Table 6. New Zealand Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by Product
- Table 7. New Zealand Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by Application
- Table 8. New Zealand Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by Application
- Table 9. New Zealand Pressure Monitoring Devices Market – Revenue, 2022–2024 (US$ Million) – by End User
- Table 10. New Zealand Pressure Monitoring Devices Market – Revenue Forecast, 2025–2033 (US$ Million) – by End User
- Table 11. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. New Zealand Pressure Monitoring Devices Market Revenue, (US$ Million), 2022–2033
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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