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 size was valued at USD 1.62 billion in 2019 and is poised to grow from USD 1.79 billion in 2023 to USD 4.12 billion by 2031, growing at a CAGR of 10.93% in the forecast period (2024-2031).

The growth of the global market is attributed to rising prevalence of hypertension due to changing lifestyle. According to WHO, in 2019, about 1.28 billion people suffered from hypertension. In addition, increasing geriatric population, high demand for BP monitors, and sedentary lifestyles are the factors which propel the market growth. Increasing government initiatives such as public blood pressure monitoring programmes to create awareness among the people and maintain database created by remotely operational BP monitors is expected to fuel the market growth.

Increasing use of technologically advanced devices such as mobile-based BP monitoring systems and digital sphygmomanometer is expected to drive the market growth. Recently, wearable and portable devices gaining more popularity as it provides benefits such as wireless transmission of patient information and easy handling. Emergence of new technologies such as mHealth helps in tracking the patient’s health information, medication schedule, and follow up for the treatment is expected to boost the market growth. Self-monitoring devices gaining popularity during the forecast period as it provides benefits such as good monitoring, detection, and control are further anticipating the market growth.

US Blood Pressure Monitoring Devices Market is poised to grow at a sustainable CAGR for the next forecast year.