Blood Pressure Monitoring Devices Market Size, Share, Growth Analysis, By Type(Sphygmomanometer, digital blood pressure monitors, ambulatory blood pressure monitors, and blood pressure instruments accessories), By End User(Hospitals & clinics, ambulatory surgical centres, homecare settings, and others), By Region - Industry Forecast 2024-2031

North America is expected to account for the largest revenue share during the forecast period due to presence of regulated and developed healthcare infrastructure. In addition, key players increased their investment in the development of accurate and effective BP monitors is a factor which propel the market growth. Moreover, new product launches along with technological advancements also boost market growth. For instance, in Feb 2020, Hillrom announced the commercial launch of new device-Welch Allyn Spot Vital Signs 4400- which is an easy-to-use next generation vital signs device used to improve hypertension detection in ambulatory & emergency department settings.

Asia Pacific is expected to grow at a rapid pace over the forecast period. The growth of the regional market is attributed to presence of untapped opportunities, increasing incidence of hypertension, increasing investment by manufacturers, growing awareness levels. In addition, rapidly increasing healthcare facilities and the increased number of undiagnosed & untreated cases of high BP are key factors attributing to this regional market growth. Governments supportive initiatives such as programme held on blood pressure monitoring devices to increased awareness among the people is further contributing to the market growth. For instance, in May 2018, The Indian Council of Medical Research was collaborated with the Public Health Foundation of India and launched “May Measurement Month 2018” campaign to spread awareness among the people about blood pressure.