Nordic Pressure Monitoring Devices Market Outlook (2022-2033)

Nordic pressure monitoring devices market size is expected to reach US$ 230.5 million by 2033 from US$ 146.5 million in 2024. The market is estimated to record a CAGR of 5.2% from 2025 to 2033.

Executive Summary and Nordic Pressure Monitoring Devices Market Analysis:

The Nordic pressure monitoring devices market will experience enormous growth propelled by rising prevalence of chronic diseases and continuous technological advancements, growing adoption of remote patient monitoring and telehealth solutions, and rising global healthcare expenditure and the increasing focus on preventive care. The burden of cardiovascular diseases (CVDs), along with hypertension continues to be concerning despite substantial gains over the last few decades. Since 1975, the Nordic countries have made incredible strides with cardiovascular mortality declining steeply, with mortality from coronary heart disease now among the lowest in Europa. That said, inequities remain in access to cardiovascular care and inequities in outcomes, such as effective screening, diagnosis, and management of CVDs, show there remains much work to be done. While the NCO burden is persistent (though it is typically managed), there will continuous provenance for a wide range of pressure monitoring devices from standard blood pressure monitoring devices for use in primary care and homes, too simple to use but more complex invasive and non-invasive hemodynamic monitors used in hospitals. The Nordic countries comprise notable healthcare spending and a well-developed health-related infrastructure (particularly in CVD care) across all countries, with universal publicly funded systems of welfare. As an example, Norway announced a NOK 5.5 billion (USD 515 million) increase for hospital operations, compared to the 2024 budget, a clear indication of the continuing commitment to strengthen its health systems and infrastructure, particularly in relation to secondary healthcare and elderly care.

Nordic Pressure Monitoring Devices Market Segmentation Analysis:

Key segments that contributed to the derivation of the pressure monitoring devices market analysis are product, application, and end user.

By product, pressure monitoring devices market is segmented into blood pressure monitors, pulmonary pressure monitors, intracranial pressure monitors, intraocular pressure monitors, accessories & consumables. The laparoscopes segment dominated the market in 2024. In terms of application, the market is segmented into respiratory disorders, glaucoma, cardiac disorders, neurological disorders, others. The cardiac disorders segment held the largest share of the market in 2024. By end user, the market is segmented into hospitals and clinics, home-care Settings, ambulatory surgical centers, others. Hospitals and clinics segment held the largest share of the market in 2024. Nordic Pressure Monitoring Devices Market Outlook

The Nordic pressure monitoring devices market is segmented into Sweden, Denmark, Norway, and Finland. In terms of medical device manufacturing, the Nordic countries are known for high-quality innovation and specialized manufacturing. While Europe as a whole is a significant player in medical device contract manufacturing, with Norway expected to register high growth in this sector, the Nordic countries focus on R&D and high-value product development. Regulations like the new EU Medical Device Regulation (MDR) impact the entire European market, including the Nordics, driving compliance and quality. The region's innovative environment and focus on health tech create opportunities for developing advanced pressure monitoring technologies and integrated solutions.

Nordic Pressure Monitoring Devices Market Country Insights

Based on region, the Nordic pressure monitoring devices market is further segmented into Sweden, Denmark, Norway, and Finland. The Sweden held the largest share in 2024.

The market for pressure monitoring devices in Sweden is a very developed and advanced market with an established universal healthcare system, an aging population which has a high prevalence of chronic disease and is advancing digital health/innovation. There is an exciting future with a strong demand for quality, accuracy and integration for monitoring solutions towards preventative care, chronic disease care and engaging patients remotely. One of the key continuing drivers is the increasing elderly population and prevalent chronic disease(s) in Sweden. In 2025 20.91% of the population will be elderly (i.e. 65 years and older) and by 2059 the elderly population is expected to be more than twice the young population, Population Pyramid of Sweden 2025. The overall population projection shows that the peak, will eventually peak causing a more rapid incidence of chronic conditions related to age; thanks to increasing life expectancy there will be a larger population of individuals with age-related chronic conditions. The biggest threat to health in Sweden is non-communicable diseases (NCOs). The Nordic European region is globally recognized as one of the leader in adopting digital health solutions (NCO, chronic disease) and there are reasons to believe that Sweden, the Nordic countries of Finland, Denmark, and Norway as well as among the European leaders in medtech development. The European digital health market (including the Nordics) is projected to continue experiencing significant growth following the overall chronic disease pressures, workforce shortages, aging populations, and health related market events in the four countries in the WHO European Region, including the Nordics, have a national telehealth strategy or integrate telehealth into a broader digital health strategy. Norway, for instance, has demonstrated significant advancements in telehealth, with trials on digital home monitoring for chronic diseases showing improved patient safety and reduced hospital readmissions.

Nordic Pressure Monitoring Devices Market Company Profiles

Medtronic Plc, GE HealthCare Technologies Inc, Koninklijke Philips NV, Omron Healthcare Inc, Baxter International Inc, Becton Dickinson and Co, Abbott Laboratories, Terumo Corp, Integra LifeSciences Holdings Corp, and Dragerwerkag & Co KGaA, are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers. Show more