Blood Pressure Monitors Market to Reach USD 3.97 Billion in 2032; Rise In The Healthcare Expenditure to Drive Market Growth

January 22, 2025 | Healthcare

The global blood pressure monitors market size was valued at USD 1.98 billion in 2024. The market is projected to grow from USD 2.15 billion in 2025 to USD 3.97 billion by 2032, exhibiting a CAGR of 9.2% during the forecast period.


Fortune Business Insights presents this information, in its report titled “Blood Pressure Monitors Market Size, Share & Industry Analysis, By Product (Devices {Sphygmomanometer, Digital BP Monitors, and Ambulatory BP Monitors}, and Accessories {Blood Pressure Cuffs, Transducers, and Others}), By End-user (Hospitals & Clinics, Home Healthcare, and Others), and Regional Forecast, 2025-2032”.


Blood pressure monitors are mainly used to determine and check the blood pressure and they are commercially available to determine the any fluctuations. The market growth is attributed to rise in the healthcare expenditure in the developing countries. The trend of homecare settings amongst patient population is set to generate the marker growth opportunities.


The COVID-19 pandemic led to the high usage of blood pressure measuring devices and other vitals amongst general population and COVID-19 patients as well. The demand returned to pre-pandemic levels after the normalization of the pandemic.


Omron Healthcare, Inc. And GLENMARK PHARMACEUTICALS LTD Partnered For Awareness Reagrding Hypertension


In August 2023, Omron Healthcare, Inc. and GLENMARK PHARMACEUTICALS LTD partnered for the creating awareness for hypertension and correct age for the monitoring of blood pressure at home. This is set to augment the market position of both the companies in the market and help amplify their brand presnece as well.


Adoption Of These Monitors In The Homecare Settings To Spur The Market Growth


There are several conditions such as hypertension and other cardiovascular diseases is set to drive the blood pressure monitors market growth. These diseases require regular blood pressure monitoring to diagnose and manage conditions efficiently and on time. Growth in the adoption of these monitors in the homecare settings is also propelling the market development. Wearable digital BP monitor device can measure blood pressure, body temperature, and cardiac rhythm abnormalities accurately.  


On the contrary, lack of validation and inaccuracy of some of the manual and automatic monitors may lead to incorrect measurements. In addition, the high costs of the monitors are also hampering the adoption of these monitors. 


Expansion of Production Capacity By The Key Market Players Boosted The Market Competition


Koninklijke Philips N.V., Masimo, GE Healthcare, American Diagnostic Corporation, Beurer GmbH, and SunTech Medical Inc. are some of the market players which have been focusing on expanding their production capacities. Focus on the mergers and acquisitions is one of the major strategies which is marking their positions in the market scenario.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/blood-pressure-monitors-market-100059


Key Industry Development



  • May 2023 – SunTech Medical, Inc. inaugurated a new production facility in North Carolina to increase its production capacity for the rising demand in the U.S.


List of Key Players Profiled in the Market Report: -



  • Omron Healthcare, Inc. (Japan)

  • Hill-Rom Holdings, Inc. (U.S.)

  • Nihon Kohden Corporation (Japan)

  • Koninklijke Philips N.V. (Netherlands)

  • Masimo (U.S.)

  • Beurer GmbH (Germany)

  • GE Healthcare (U.S.)

  • American Diagnostic Corporation (Europe)

  • SunTech Medical, Inc. (U.S.)


Further Report Findings:



  • North America held largest part in the global blood pressure monitors market share due to strong presence of significant key players such as Hill-Rom Holdings Inc., Cardinal Health, and others. The market was valued at USD 0.78 billion in 2023. In addition, rise in the demand for the devices in the U.S. and Canada.  

  • Asia Pacific is expected to grow significantly with increasing healthcare expenditure and improvement in the healthcare infrastructure in India, China, and others.   

  • Based on product, the market is segmented into devices and accessories. The devices segment led in 2023 with the share of 80.2% and they are further segmented into sphygmomanometer, digital BP monitors, and ambulatory BP monitors. The dominance is due to increasing awareness regarding the adoption by the national organizations.

  • On the basis of end-user, home healthcare led in 2023 due to rising patient preference and adoption for digital blood pressure monitors. Rise in the hypertension globally is also driving the demand for home healthcare settings.


Table of Segmentation
















































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2024



Estimated Year



2025



Forecast Period



2025-2032



Historical Period



2019-2023



Growth Rate



CAGR of 9.2% from 2025-2032



Unit



Value (USD billion)



Segmentation



By Product



  • Devices


    • Sphygmomanometer

    • Digital BP Monitors

    • Ambulatory BP Monitors


  • Accessories


    • Blood Pressure Cuffs

    • Transducers

    • Others




By End-user



  • Hospitals & Clinics

  • Home Healthcare

  • Others



By Region



  • North America (By Product, By End-user, and by Country)


    • U.S.

    • Canada


  • Europe (By Product, By End-user, and by Country/Sub-region)


    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe


  • Asia Pacific (By Product, By End-user, and by Country/Sub-region)


    • China

    • Japan

    • India

    • Australia

    • Rest of Asia Pacific


  • Latin America (By Product, By End-user, and by Country/Sub-region)


    • Brazil

    • Mexico

    • Rest of Latin America


  • Middle East & Africa (By Product, By End-user, and by Country/Sub-region)


    • GCC

    • South Africa


  • Rest of Middle East & Africa


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