Digital Blood Pressure Monitors Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Growth Factors of Digital Blood Pressure Monitors Market
The global digital blood pressure monitors market has experienced significant growth over the past decade, driven by technological advancements, increasing prevalence of hypertension, and a shift towards home-based healthcare solutions. According ta report by Fortune Business Insights, the market was valued at USD 666.6 million in 2017 and is projected treach USD 2,732.9 million by 2032, exhibiting a compound annual growth rate (CAGR) of 9.8% during the forecast period.
Technological Advancements and Product Innovation
The transition from traditional mercury sphygmomanometers tdigital blood pressure monitors has been pivotal in reshaping blood pressure measurement practices. Digital monitors utilize oscillometric methods, providing precise and accurate readings with user-friendly interfaces. The integration of digital monitors with smartphones and the development of wearable devices have further enhanced patient compliance and data tracking. For instance, in January 2021, Aktiia SA launched a 24/7 automated blood pressure monitoring system that continuously monitors blood pressure, even during sleep.
Rising Prevalence of Hypertension and Cardiovascular Diseases
Hypertension remains a leading risk factor for cardiovascular diseases worldwide. The World Health Organization reported that an estimated 1.28 billion adults aged 30–79 years globally have hypertension, with a significant number residing in low- and middle-income countries. This escalating prevalence underscores the necessity for regular blood pressure monitoring, propelling the demand for digital blood pressure monitors.
Shift Towards Home Healthcare Settings
There is a growing trend of patients preferring home-based monitoring solutions for chronic conditions like hypertension. Digital blood pressure monitors designed for home use offer convenience and empower patients tactively participate in managing their health. The COVID-19 pandemic further accelerated this shift, as remote monitoring became essential treduce hospital visits. According ta 2022 article published by the National Health Service (NHS), regular home blood pressure monitoring across a population of 50,000 patients could prevent up t500 heart attacks and 745 strokes over five years.
Regional Market Insights
North America dominated the digital blood pressure monitors market, holding a market share of 40.56% in 2017. This dominance is attributed tthe high prevalence of cardiovascular diseases, advanced healthcare infrastructure, and increased health awareness among the population. Asia Pacific is anticipated texhibit significant growth during the forecast period, driven by the rising incidence of hypertension, improving healthcare facilities, and increasing adoption of digital health technologies in countries like China and India.
Challenges and Restraints
Despite the positive growth trajectory, the market faces certain challenges. The high cost of advanced digital blood pressure monitors can be a barrier, especially in low-income regions. Additionally, limited awareness and the availability of non-validated devices in emerging markets may hinder adoption. For example, a study published by the American Heart Association in 2020 revealed that approximately 93.4% of blood pressure monitors sold on online platforms in Australia were non-validated, raising concerns about accuracy and reliability.
Key Market Players and Competitive Landscape
The market is highly competitive, with key players focusing on research and development tintroduce innovative products. Omron Healthcare, a Japan-based company, held nearly 50% of the global digital blood pressure monitors market in 2019. The company is investing significantly in R&D and expanding operations in emerging economies. Other notable players include American Diagnostic Corporation, Welch Allyn, Koninklijke Philips N.V., Nihon Kohden Corporation, GE Healthcare, Smiths Group, and MasimCorporation.
Future Outlook
The digital blood pressure monitors market is poised for sustained growth, driven by continuous technological advancements, increasing health consciousness, and supportive government initiatives promoting regular blood pressure monitoring. The development of cost-effective and accurate devices, along with efforts traise awareness about hypertension management, will be crucial in addressing market challenges and expanding the adoption of digital blood pressure monitors globally.
SEGMENTATION DETAILS
By Product Type
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
The global digital blood pressure monitors market has experienced significant growth over the past decade, driven by technological advancements, increasing prevalence of hypertension, and a shift towards home-based healthcare solutions. According ta report by Fortune Business Insights, the market was valued at USD 666.6 million in 2017 and is projected treach USD 2,732.9 million by 2032, exhibiting a compound annual growth rate (CAGR) of 9.8% during the forecast period.
Technological Advancements and Product Innovation
The transition from traditional mercury sphygmomanometers tdigital blood pressure monitors has been pivotal in reshaping blood pressure measurement practices. Digital monitors utilize oscillometric methods, providing precise and accurate readings with user-friendly interfaces. The integration of digital monitors with smartphones and the development of wearable devices have further enhanced patient compliance and data tracking. For instance, in January 2021, Aktiia SA launched a 24/7 automated blood pressure monitoring system that continuously monitors blood pressure, even during sleep.
Rising Prevalence of Hypertension and Cardiovascular Diseases
Hypertension remains a leading risk factor for cardiovascular diseases worldwide. The World Health Organization reported that an estimated 1.28 billion adults aged 30–79 years globally have hypertension, with a significant number residing in low- and middle-income countries. This escalating prevalence underscores the necessity for regular blood pressure monitoring, propelling the demand for digital blood pressure monitors.
Shift Towards Home Healthcare Settings
There is a growing trend of patients preferring home-based monitoring solutions for chronic conditions like hypertension. Digital blood pressure monitors designed for home use offer convenience and empower patients tactively participate in managing their health. The COVID-19 pandemic further accelerated this shift, as remote monitoring became essential treduce hospital visits. According ta 2022 article published by the National Health Service (NHS), regular home blood pressure monitoring across a population of 50,000 patients could prevent up t500 heart attacks and 745 strokes over five years.
Regional Market Insights
North America dominated the digital blood pressure monitors market, holding a market share of 40.56% in 2017. This dominance is attributed tthe high prevalence of cardiovascular diseases, advanced healthcare infrastructure, and increased health awareness among the population. Asia Pacific is anticipated texhibit significant growth during the forecast period, driven by the rising incidence of hypertension, improving healthcare facilities, and increasing adoption of digital health technologies in countries like China and India.
Challenges and Restraints
Despite the positive growth trajectory, the market faces certain challenges. The high cost of advanced digital blood pressure monitors can be a barrier, especially in low-income regions. Additionally, limited awareness and the availability of non-validated devices in emerging markets may hinder adoption. For example, a study published by the American Heart Association in 2020 revealed that approximately 93.4% of blood pressure monitors sold on online platforms in Australia were non-validated, raising concerns about accuracy and reliability.
Key Market Players and Competitive Landscape
The market is highly competitive, with key players focusing on research and development tintroduce innovative products. Omron Healthcare, a Japan-based company, held nearly 50% of the global digital blood pressure monitors market in 2019. The company is investing significantly in R&D and expanding operations in emerging economies. Other notable players include American Diagnostic Corporation, Welch Allyn, Koninklijke Philips N.V., Nihon Kohden Corporation, GE Healthcare, Smiths Group, and MasimCorporation.
Future Outlook
The digital blood pressure monitors market is poised for sustained growth, driven by continuous technological advancements, increasing health consciousness, and supportive government initiatives promoting regular blood pressure monitoring. The development of cost-effective and accurate devices, along with efforts traise awareness about hypertension management, will be crucial in addressing market challenges and expanding the adoption of digital blood pressure monitors globally.
SEGMENTATION DETAILS
By Product Type
- Arm Type
- Wrist Type
- Hospitals
- Ambulatory Surgical Centers & Clinics
- Homecare Settings
- Others
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexicand Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
Table of Contents
116 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Epidemiology of Major Cardiovascular Diseases - Key Countries, 2017
- 4.2. New Product Introduction
- 4.3. Pricing Analysis
- 4.4. Overview of Government Recommendations for Blood Pressure Monitoring
- 4.5. Recent Industry Developments - Partnerships, Mergers & Acquisitions
- 5. Global Digital Blood Pressure Monitors Market Analysis, Insights, and Forecast (2014-2025)
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights, and Forecast – By Product Type
- 5.2.1. Arm Type
- 5.2.2. Wrist Type
- 5.3. Market Analysis, Insights, and Forecast – By End User
- 5.3.1. Hospitals
- 5.3.2. Ambulatory Surgical Centers & Clinics
- 5.3.3. Homecare Settings
- 5.3.4. Others
- 5.4. Market Analysis, Insights, and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Digital Blood Pressure Monitors Market Analysis, Insights, and Forecast (2014-2025)
- 6.1. Key Findings / Summary
- 6.2. Market Analysis – By Product Type
- 6.2.1. Arm Type
- 6.2.2. Wrist Type
- 6.3. Market Analysis – By End User
- 6.3.1. Hospitals
- 6.3.2. Ambulatory Surgical Centers & Clinics
- 6.3.3. Homecare Settings
- 6.3.4. Others
- 6.4. Market Analysis – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
- 7. Europe Digital Blood Pressure Monitors Market Analysis, Insights, and Forecast (2014-2025)
- 7.1. Key Findings / Summary
- 7.2. Market Analysis – By Product Type
- 7.2.1. Arm Type
- 7.2.2. Wrist Type
- 7.3. Market Analysis – By End User
- 7.3.1. Hospitals
- 7.3.2. Ambulatory Surgical Centers & Clinics
- 7.3.3. Homecare Settings
- 7.3.4. Others
- 7.4. Market Analysis – By Countries / Sub-regions
- 7.4.1. U.K.
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Scandinavia
- 7.4.7. Rest of Europe
- 8. Asia Pacific Digital Blood Pressure Monitors Market Analysis, Insights, and Forecast (2014-2025)
- 8.1. Key Findings / Summary
- 8.2. Market Analysis – By Product Type
- 8.2.1. Arm Type
- 8.2.2. Wrist Type
- 8.3. Market Analysis – By End User
- 8.3.1. Hospitals
- 8.3.2. Ambulatory Surgical Centers & Clinics
- 8.3.3. Homecare Settings
- 8.3.4. Others
- 8.4. Market Analysis – By Countries / Sub-regions
- 8.4.1. Japan
- 8.4.2. China
- 8.4.3. India
- 8.4.4. Southeast Asia
- 8.4.5. Australia
- 8.4.6. Rest of Asia Pacific
- 9. Latin America Digital Blood Pressure Monitors Market Analysis, Insights, and Forecast (2014-2025)
- 9.1. Key Findings / Summary
- 9.2. Market Analysis – By Product Type
- 9.2.1. Arm Type
- 9.2.2. Wrist Type
- 9.3. Market Analysis – By End User
- 9.3.1. Hospitals
- 9.3.2. Ambulatory Surgical Centers & Clinics
- 9.3.3. Homecare Settings
- 9.3.4. Others
- 9.4. Market Analysis – By Countries / Sub-regions
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 10. Middle East & Africa Digital Blood Pressure Monitors Market Analysis, Insights, and Forecast (2014-2025)
- 10.1. Key Findings / Summary
- 10.2. Market Analysis – By Product Type
- 10.2.1. Arm Type
- 10.2.2. Wrist Type
- 10.3. Market Analysis – By End User
- 10.3.1. Hospitals
- 10.3.2. Ambulatory Surgical Centers & Clinics
- 10.3.3. Homecare Settings
- 10.3.4. Others
- 10.4. Market Analysis – By Countries / Sub-regions
- 10.4.1. South Africa
- 10.4.2. GCC
- 10.4.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Key Industry Developments
- 11.2. Global Market Share Analysis (2017)
- 11.3. Competition Dashboard
- 11.4. Comparative Analysis – Major Players
- 11.5. Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials – Based on Availability)
- 11.5.1. Welch Allyn
- 11.5.2. American Diagnostic Corporation
- 11.5.3. Koninklijke Philips N.V.
- 11.5.4. Nihon Kohden Corporation
- 11.5.5. GE Healthcare
- 11.5.6. Smiths Group
- 11.5.7. Masimo
- 11.5.8. Omron Healthcare Inc.
- 11.5.9. Other Prominent Players
- 12. Strategic Recommendations
Pricing
Currency Rates
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