Rising prevalence of heart disorders, increasing obese population and growing geriatric population are the key factors that have urged the advent of blood pressure monitoring devices market. In the next few years the demand for blood pressure monitoring devices is expected to increase significantly in the emerging economies such as China and India. Geriatric population is growing with the rising global population, and sedentary lifestyle is leading to increase in incidences of bariatric disorders and these are expected to boost the industry in the coming years.

The devices type studies for analyzing the overall blood pressure monitoring devices market are sphygmomanometers, automated blood pressure monitors, ambulatory blood pressure monitors, transducers and accessories. This report also highlights information about end user segment, such as home end user segment, hospital end user segment and physician/clinic end user segment. Market size and forecast for each of these segments for the period 2014-2023 are provided in this study along with respective CAGRs for the forecast period 2016-2023

Market size and forecast for these regional and country level markets are presented in this study for the period 2014-2023. Market growth rates for the forecast period 2016-2023 are also included in this report, considering 2015 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global blood pressure monitoring devices market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global blood pressure monitoring devices market. This report concludes with company profiles section that highlights major information about the key players engaged in blood pressure monitoring devices market.

Hypertension is a chronic medical condition in which the blood pressure in the arteries is elevated. Blood pressure increases the risk of strokes, heart attack, and other organ failure and is a leading cause of death worldwide. Blood pressure monitoring devices help to understand the risks related to the blood pressure and help in effective monitoring, measurement, and management of the condition. The blood pressure monitoring devices have been broadly segmented into sphygmomanometers, automated blood pressure monitors, ambulatory blood pressure monitors, transducers and accessories. The sphygmomanometer segment is further divided into mercury sphygmomanometer, aneroid sphygmomanometer, and digital sphygmomanometer. The digital sphygmomanometer held the largest share in the sphygmomanometer market due to its ease in handling. The blood pressure accessories segment has been further divided into blood pressure cuffs, bladder, bulbs and valves. The automated blood pressure monitors held the largest share in the global blood pressure monitoring devices market. The major driving factors for the growth of the automated blood pressure monitors include its portability, easy user interface, and high accuracy. Furthermore, introduction of low priced and multi featured devices would further drive the market for automated blood pressure monitors during the forecast period.

Blood pressure monitors are used to measure the blood pressure in the arteries. Blood pressure monitoring devices held in the monitoring, measurement and management of hypertension, which can otherwise result in the increased risk of heart attack, stroke and other fetal diseases. Technological development in the blood pressure monitors has made the devices easy to use, portable, and easily interpretable.  The end users in the global blood pressure monitoring devices market are segmented into three categories; home, hospitals and physician/clinics. The home segment held the largest share due to the growing trend in the home healthcare segment. With the affordable cost of the devices, there is a high demand for blood pressure monitoring devices which are portable and can be used at home. Moreover, leading manufacturers of blood pressure monitoring devices are striving to introduce novel and the advanced blood pressure monitors that can be used at home setting in case of emergency.  Physician/Clinics segment is anticipated to grow at a fastest rate during the forecast period due to the rising preference of the patients.

The geographical segmentation of the global blood pressure monitoring devices market comprises North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. In base year 2015, North America accounted for the largest market in the global blood pressure monitoring devices market due to the rising number of hypertensive population in the region. According to Center for Disease Control and Prevention (CDC) more than 29% of the U.S. population suffer for high blood pressure i.e. 1 in 3 adults have hypertension. Moreover, the rise in the geriatric population in the region has also acted as the driver for the growth in the hypertension cases. Asia Pacific is expected to grow at a highest rate during the forecast period due to the population and geriatric population. Moreover, changing lifestyle in the region has resulted in the increasing obesity and heart diseases, which may act as a potential driver for the demand for blood pressure monitors in the region. Rising investments by the major medical device manufactures in the region would further fuel the growth of the blood pressure monitoring devices in the region.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Blood Pressure Monitoring Devices market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Blood Pressure Monitoring Devices market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Blood Pressure Monitoring Devices market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Blood Pressure Monitoring Devices market?
• Which is the largest regional market for Blood Pressure Monitoring Devices market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Blood Pressure Monitoring Devices market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Blood Pressure Monitoring Devices market worldwide?