img

Home Blood Pressure Monitoring Devices Market - By Device Type (Products (Digital [Upper Arm, Wrist], Aneroid), Operation (Automatic, Semi-automatic, Manual), Configuration (Portable, Desk Mounted, Wall), Distribution Channel – Global Forecast, 2024 – 2032


Published on: 2024-07-20 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Home Blood Pressure Monitoring Devices Market - By Device Type (Products (Digital [Upper Arm, Wrist], Aneroid), Operation (Automatic, Semi-automatic, Manual), Configuration (Portable, Desk Mounted, Wall), Distribution Channel – Global Forecast, 2024 – 2032

Home Blood Pressure Monitoring Devices Market Size

Home Blood Pressure Monitoring Devices Market size was valued at around USD 1.5 billion in 2023 and is estimated to reach over USD 3.3 billion by 2032 with a CAGR of 9.2% over the forecast period. This robust market growth can be attributed to various factors, including ongoing advancements in technology, increasing prevalence of hypertension and cardiovascular diseases, growing aging population and chronic disease management, and rising adoption of telehealth and remote patient monitoring solutions, among other contributing factors.

To get key market trends

  Download Free Sample

Moreover, hypertension, or high blood pressure, is a widespread health condition globally, affecting millions of people. As the incidence of hypertension continues to rise owing to factors such as sedentary lifestyles, poor dietary habits, and aging populations, there is a growing need for effective monitoring and management solutions. Home blood pressure monitoring devices enable individuals to monitor their blood pressure conveniently and regularly, facilitating early detection, intervention, and management of hypertension and related cardiovascular diseases. For instance, according to the World Health Organization (WHO), in 2023, approximately 1.28 billion individuals worldwide between the ages of 30 and 79 suffer with hypertension.
 

Home Blood Pressure Monitoring Devices Market Report Attributes
Report Attribute Details
Base Year 2023
Home Blood Pressure Monitoring Devices Market Size in 2023 USD 1.5 Billion
Forecast Period 2024 - 2032
Forecast Period 2024 - 2032 CAGR 9.2%
2032 Value Projection USD 3.3 Billion
Historical Data for 2018 - 2023
No. of Pages 180
Tables, Charts & Figures 375
Segments covered Device Type, Operation, Configuration, Distribution Channel, and Region
Growth Drivers
  • Increasing prevalence of hypertension
  • Growing focus on preventive healthcare
  • Technological advancements
Pitfalls & Challenges
  • High cost associated with blood pressure monitoring devices

What are the growth opportunities in this market?

 Download Free Sample

Furthermore, ongoing advancements in technology have led to the development of more advanced, user-friendly, and accurate home blood pressure monitoring devices. Modern devices often feature digital displays, automatic inflation, memory storage, and connectivity options such as Bluetooth or Wi-Fi. These technological innovations enhance the usability, accuracy, and convenience of home healthcare, driving increased adoption among consumers, thereby contributing to the market growth.

Home blood pressure monitoring devices are medical devices designed for individuals to measure and monitor their blood pressure levels in a non-clinical setting, typically within the comfort of their own homes. These devices provide a convenient and accessible means for individuals to track their blood pressure regularly without the need for frequent visits to healthcare facilities.

Home Blood Pressure Monitoring Devices Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous technological innovations in blood pressure monitoring devices, rising emphasis on preventive healthcare, growing need for personalized healthcare solutions, and a surging demand for integrated artificial intelligence (AI) in healthcare and machine learning, among other factors are propelling the industry growth.

  • Further, there is a growing emphasis on preventive healthcare, with individuals taking proactive steps to monitor and manage their health. Home blood pressure monitoring devices play a crucial role in preventive healthcare by enabling early detection of hypertension and facilitating lifestyle interventions to mitigate its risks.
  • Moreover, advancements in artificial intelligence (AI) and machine learning are being leveraged to improve the accuracy and reliability of home blood pressure monitoring devices. AI-powered algorithms analyze blood pressure data to detect patterns, trends, and abnormalities, enabling early detection of hypertension and personalized health recommendations.

Home Blood Pressure Monitoring Devices Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

The market by device type is categorized into products, and accessories. The products segment is further divided into digital bp monitor, and aneroid bp monitor. The digital BP monitor segment in further bifurcated into upper arm monitors, wrist monitors, and finger monitors. The digital BP monitor segment garnered USD 816 million revenue in 2023.

  • Digital monitors offer accurate and reliable measurements of blood pressure, providing users with confidence in their health data. As consumers prioritize the accuracy of health monitoring devices, adoption of digital health will expand, and as a result, demand for digital monitors will continue to grow. Manufacturers invest in advanced sensor technologies and calibration processes to ensure precise readings, meeting the stringent accuracy standards set by regulatory authorities.
  • Furthermore, the rise of telehealth and remote patient monitoring has accelerated the adoption of digital blood pressure monitors. Healthcare providers can remotely monitor patients' blood pressure readings in real-time, enabling timely interventions and personalized care plans. Digital BP monitors equipped with telehealth features, such as secure data transmission and virtual consultations, facilitate remote monitoring programs for chronic disease management, especially for patients with hypertension.

Learn more about the key segments shaping this market

 Download Free Sample

Based on operation, the home blood pressure monitoring devices market is segmented into automatic, semi-automatic, and manual. The automatic segment accounted for over 51% market share in 2023 and is anticipated to witness highest market growth during the forecast period.

  • Automatic blood pressure monitors are designed for simplicity and ease of use, making them accessible to a wide range of users, including the elderly and those with limited dexterity. With one-touch operation, users can obtain accurate blood pressure readings quickly and effortlessly, without the need for manual inflation or stethoscope placement. This ease of use encourages regular monitoring and promotes better adherence to blood pressure management guidelines.
  • Moreover, automatic blood pressure monitors use advanced oscillometric technology to measure blood pressure accurately and consistently. These devices are calibrated to provide reliable readings, reducing the variability often associated with manual measurements. As accuracy is paramount in blood pressure monitoring, the reliability of automatic monitors instills confidence in users and healthcare professionals, driving adoption and acceptance of these devices.

Based on configuration, the home blood pressure monitoring devices market is segmented into portable, desk mounted, and wall mounted. The portable segment accounted for over 78.4% market share in 2023.

  • Portable home blood pressure monitoring devices allow users to monitor their blood pressure conveniently while on the go. Whether at work, traveling, or engaging in outdoor activities, users can carry these compact devices with them and obtain blood pressure readings whenever needed. The ability to monitor blood pressure outside of the home or clinical setting enhances user flexibility and encourages regular monitoring, which is essential for effective blood pressure management.
  • Additionally, these monitors are designed to be compact and lightweight, making them easy to carry in a purse, bag, or pocket. The smaller form factor enhances portability without compromising on functionality or accuracy. This design feature appeals to users who prioritize convenience and prefer discreet monitoring options that fit seamlessly into their daily routines, thereby fostering segment growth in the market.

The home blood pressure monitoring devices market by distribution channel is categorized into brick & mortar, e-commerce, and hospital pharmacies. The brick & mortar segment accounted for around USD 926.4 million revenue size in 2023.

  • Brick-and-mortar retail stores, especially pharmacies and medical supply stores, are trusted sources of healthcare products and services for consumers. Many individuals prefer to purchase home blood pressure monitoring devices from these established retailers due to their reputation for quality, reliability, and expertise in healthcare. The physical presence of these stores instills confidence in consumers and reassures them of the authenticity and effectiveness of the products they purchase.
  • Additionally, it provide immediate availability of home blood pressure monitoring devices, allowing consumers to purchase products on the spot without waiting for shipping or delivery. This convenience is particularly important for individuals who require a blood pressure monitor urgently or prefer to have the device in hand immediately for monitoring purposes. Physical stores offer the convenience of instant gratification and eliminate the need for online ordering and waiting for delivery.

Looking for region specific data?

 Download Free Sample

North America home blood pressure monitoring devices market accounted for USD 580.4 million revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.

  • The market in North America benefits from continuous technological advancements and innovation. Manufacturers in the region invest in research and development to enhance the accuracy, reliability, and user experience of blood pressure monitors. Features such as Bluetooth connectivity, smartphone integration, cloud-based data storage, and advanced algorithms for data analysis contribute to the growing popularity of these devices among tech-savvy consumers in North America.
  • Furthermore, the aging population in North America contributes to the increased prevalence of chronic diseases, including hypertension. Older adults are more likely to require regular blood pressure monitoring and management to prevent complications associated with high blood pressure. Home blood pressure monitoring devices cater to this demographic by providing a convenient and accessible solution for monitoring blood pressure at home, supporting chronic disease management efforts.

Home Blood Pressure Monitoring Devices Market Share

The home blood pressure monitoring devices industry is characterized by fierce competition, involving both established multinational corporations and smaller to mid-sized companies vying for market share. A primary strategic focus within this competitive landscape is the continuous development and introduction of innovative products leveraging various technologies. This strategy emphasis on innovation drives product differentiation, market expansion, and the overall evolution of the home blood pressure monitoring devices industry.

Home Blood Pressure Monitoring Devices Market Companies

Some of the eminent market participants operating in the home blood pressure monitoring devices industry include

  • A&D Company, Limited
  • American Diagnostic Corporation
  • Beurer GmbH
  • Contec
  • Dr. Morepen
  • ForaCare, Inc.
  • iHealth Labs Inc 
  • Koninklijke Philips N.V.
  • Microlife Corporation
  • OMRON Corporation

Home Blood Pressure Monitoring Devices Industry News

  • In October 2022, OMRON Healthcare has enhanced its line of home blood pressure monitors by converting them into "connected" gadgets. This portfolio enhancement offers consumers and healthcare practitioners with real-time and accurate control over hypertension treatment.

Home blood pressure monitoring devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments

Click here to Buy Section of this Report

 

 

Market, By Device Type

 

  • Products
    • Digital BP monitor
      • Upper arm monitors
      • Wrist monitors
      • Finger monitors
    • Aneroid BP monitor
  • Accessories

Market, By Operation

  • Automatic
  • Semi-automatic
  • Manual

Market, By Configuration

  • Portable
  • Desk mounted
  • Wall mounted

Market, By Distribution Channel

  • Brick & mortar
  • E-commerce
  • Hospital pharmacies

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East and Africa

 

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )