"Designing Growth Strategies is in our DNA"

U.S. Blood Pressure Monitors Market Size, Share & COVID-19 Impact Analysis, By Product (Sphygmomanometer, Digital BP Monitors, and Ambulatory BP Monitors), By End-user (Hospitals & Clinics, Home Healthcare, and Others), and Country Forecast, 2023-2030

Last Updated: November 04, 2024 | Format: PDF | Report ID: FBI108430

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The U.S. blood pressure monitors market size was worth USD 602.4 million in 2022 and is projected to grow at a CAGR of 9.1% during the forecast period.


A blood pressure monitor helps to assess the fluctuations in blood pressure, which can help detect hypertension and other cardiovascular diseases. Moreover, hypertension can lead to heart disease and stroke if not diagnosed and monitored regularly. Therefore, the increasing prevalence of heart disease and other cardiovascular diseases fuels the population's adoption of blood pressure monitors.



  • According to the data published by Centers for Disease Control and Prevention (CDC), in 2023, around 795,000 suffer from stroke annually. Out of this, 610,000 are the number of individuals suffering from stroke for the first time.


During the COVID-19 pandemic in 2020, many studies showed the occurrence of hypertension in COVID-19-infected patients, which fueled the demand for regular blood pressure monitoring in COVID-19 patients. This led to increased adoption of blood pressure monitors among the general and patient population in the country during the pandemic.


LATEST TRENDS


Increasing Commercialization of Technologically Advanced Products to Boost Market Growth


The rising burden of hypertension and other cardiovascular diseases has increased the demand for efficient and continuous monitoring systems from home care settings. Market players have been focused on developing and commercializing advanced devices to fulfill these demands.



  • For instance, in January 2022, Aktiia SA announced the commercialization of a 24/7 Blood Pressure Monitor, a wearable device in the U.S. With this device, physicians can regularly monitor their patients’ blood pressure.


The launch of advanced blood pressure monitoring devices with 24/7 monitoring features has increased its adoption among the U.S. population, fueling the U.S. blood pressure monitors market growth.


DRIVING FACTORS


Increasing Prevalence of Hypertension and Other Chronic Diseases Fuel Market Growth


Hypertension and other heart diseases have been increasing significantly in the U.S. Due to hypertension, the mortality rate in the U.S. has been increasing. The increasing burden of hypertension and the rising adoption of a sedentary lifestyle have been fueling the demand for these monitors in the country.



  • For instance, according to the American Heart Association, an estimated 46.0% of U.S. adults suffer from hypertension yearly. In 2021, hypertension contributed to 691,095 deaths in the U.S.

  • Moroever, according to the Centers for Disease Control and Prevention (CDC), in 2020, out of the total adults suffering from hypertension, 45.0% of them suffered from uncontrolled hypertension.


Moreover, U.S. blood pressure monitors market players have also increased their focus on adopting advanced technology in their devices. These key factors have been fueling the market growth in the country.


Request a Free sample to learn more about this report.


In 2022, around 38.0 million adults had diabetes. Similarly, around 122.2 million people suffered from hypertension in the same year.


RESTRAINING FACTORS


Limitations Associated with the Use of Blood Pressure Monitors Negatively Impact the Market Growth


Hypertension is one of the most powerful modifiable risk factors for cardiovascular disease. However, certain limitations associated with using these devices include limited accuracy in calibration and lack of nocturnal recording in home blood pressure monitoring devices.


Due to this, many people assume it to be unreliable. Such factors associated with the use of these devices, along with the low awareness regarding these devices, have been limiting their adoption in the country.


SEGMENTATION


By Product Analysis


Based on product, the market is classified into sphygmomanometers, digital blood pressure monitors, and ambulatory BP monitors.


Digital BP monitors dominated the market in 2022. The segment's dominance is attributed to the increased market player’s focus on launching new advanced digital BP monitors. In February 2022, InBody announced the launch of BP 170, a digital automatic blood pressure monitoring device, to expand its offerings in the market.


By End-user Analysis


On the basis of end-user, the market is segmented into hospitals & clinics, home healthcare, and others.


The home healthcare segment dominated the U.S. market in 2022 and is expected to grow at a significant CAGR. The segment's growth is attributed to the increasing adoption of digital blood pressure monitoring devices at homecare settings for continuous patient monitoring. Moreover, the emergence of wearable blood pressure monitoring devices also boosts the segment’s growth.


KEY INDUSTRY PLAYERS


Market players, such as Omron Healthcare, Inc., Hill-Rom Holdings, Inc., and Nihon Kohden Corporation, accounted for a significant U.S. blood pressure monitors market share in 2022. The strong emphasis of market players on inorganic strategies, such as acquisitions and partnerships, is driving their growth in the market.


Other players in the market include Koninklijke Philips N.V., Masimo, GE Healthcare (General Electric Company), and American Diagnostic Corporation. Companies, such as Koninklijke Philips N.V. are focused on mergers and partnerships to develop advanced monitoring devices.



  • For instance, in January 2021, Koninklijke Philips N.V. and Rennes University Hospital partnered to develop advanced patient monitoring devices.


LIST OF KEY COMPANIES PROFILED:



KEY INDUSTRY DEVELOPMENTS:



  • September 2022 – Garmin Ltd. announced the commercialization of the Food and Drug Administration (FDA) cleared smart blood pressure monitor, Index BPM.

  • March 2021 – Beurer GmbH announced the key features of the BC 51 wrist blood pressure monitor, which has different signals to measure blood pressure accurately and has a memory storage capacity of up to 120 measures.

  • January 2021 – Philips partnered with Rennes University Hospital, France, to develop and innovate equipment for patient monitoring. The collaboration will also fund French start-up companies with innovative ideas.


REPORT COVERAGE


An Infographic Representation of U.S. Blood Pressure Monitors Market

To get information on various segments, share your queries with us



The market report provides a detailed analysis of the market. It focuses on key aspects such as an overview of technological advancements, the prevalence of hypertension in the U.S., and pricing analysis. Additionally, it includes an overview of the reimbursement scenario for the devices, new product launches, key industry developments such as mergers, partnerships, & acquisitions, and the impact of COVID-19 on the market. Besides this, the report also offers insights into the market trends and highlights key industry dynamics. In addition to the aforementioned factors, it encompasses several factors that have contributed to the growth of the market over recent years.


Report Scope & Segmentation













































ATTRIBUTE



DETAILS



Study Period



2019-2030



Base Year



2022



Estimated Year 



2023



Forecast Period



2023-2030



Historical Period



2019-2021



Growth Rate



CAGR of 9.1% from 2023 to 2030



Unit



Value (USD Million)



Segmentation



By Product



  • Sphygmomanometer

  • Digital BP Monitors

  • Ambulatory BP Monitors



By End-user



  • Hospitals & Clinics

  • Home Healthcare

  • Others






Frequently Asked Questions

Fortune Business Insights says the U.S. market was worth USD 602.4 million in 2022.

The market is expected to exhibit a CAGR of 9.1% during the forecast period (2023-2030).

By product, the sphygmomanometer segment account for a considerable proportion of the market.

Omron Healthcare, Inc., Hill-Rom Holdings, Inc., and Nihon Kohden Corporation are the top players in the market.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts
Speak to an Expert
  • 2019-2030
  • 2022
  • 2019-2021
  • 60
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X