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

Blood Pressure Monitoring Devices Market Drivers

Increasing Prevalence of Hypertension

• Hypertension is one of the major causes of deaths globally. The factors responsible for hypertension includes changing lifestyles with poor diet, lack of physical activity, alcohol consumption, and mental stress. According to survey of CDC, in 2018, about 4,94,873 deaths occurred in the U.S due to high blood pressure. Globally, in 2010, about third of the adults had hypertension and only 13.8% had blood pressure under control. Hence increasing prevalence of hypertension, increases the demand for effective and accurate blood pressure monitors which ultimately drives the blood pressure monitoring devices market.

Miniaturization of Blood Pressure Monitoring Devices

• The technological advancements in the wearable diagnostic medical devices such as wrist-type blood pressure monitors are easy and user- friendly tools for blood pressure measurements due to their small size and comprehensive technology. The manufacturers of blood pressure monitors increased their investment on R&D to design and manufacture compact devices. Increasing consumer that uses automatic blood pressure monitors and the trend of self-monitoring drive the market for small and handy devices.

Blood Pressure Monitoring Devices Market Restraint

High Cost of Technologically Advance Devices and Lack of Accuracy

• In some developing countries, the use of BP monitors is limited. Apart from this, the high cost of these devices is also restricting the adoption in these countries.
• Some automatic and manual monitors lack validation and accuracy that result into incorrect measurements. This factor decreases the adoption of these devices among the healthcare sector and the general population. For example, in 2020, American Heart Association, Inc. published that the evaluation of roughly 972 BP monitors sold on online platform in Australia revealed that 93.4% of these devices are non-validated.