Blood Pressure Monitors Market to Grow Gradually by Achieving a Valuation of USD 3.10 Billion with a CAGR of 8.8% during the Forecast Period; Growing Cases of Cardiovascular Diseases To Propel Demand for Product

The blood pressure monitors market size is projected to grow from USD 1.73 billion in 2023 to USD 3.10 billion by 2030. As per a report by Fortune Business Insights™ titled “Blood Pressure Monitors Market Size, Share & COVID-19 Impact Analysis, By Product (Sphygmomanometer, Digital BP Monitors, and Ambulatory BP Monitors); By End-user (Hospitals & Clinics, Home Healthcare, and Others), and Regional Forecast, 2023-2030”. The market stood at USD 1.60 billion in 2022. It is set to exhibit a CAGR of 8.8% during 2023-2030.

The growing occurrence of cardiovascular diseases, such as hypertension, cardiac arrhythmia, and others, are leading to the rising diagnostics procedures and substantial boosting the demand for these monitoring devices worldwide. Major key players in the market such as Omron Healthcare, SunTech Medical Inc., and others have introduced several innovative blood pressure monitoring devices helps in detecting in temperature, heart rate abnormalities, vital signs, and more.

Growth in the Usage of Blood Pressure Monitors During Pandemic Supported Market Growth

The pandemic outbreak impacted the market positively in 2020. The focus on routine checkups increased among the general population, as well as the patient population suffering from COVID-19, surging the demand for BP monitors. The market players also experienced subsequent growth in the revenue generated from its blood pressure monitoring devices portfolio. Hence, the rising demand and revenue flow are expected to increase the blood pressure monitors market growth during the forecast period.

Rising Prevalence of Chronic Diseases to Drive the Market Growth

The growing prevalence of chronic diseases, including hypertension, is increasing rapidly. The government of different countries, as well as private healthcare organizations, are constantly promoting awareness of the effective management of hypertension, leading to increased self-diagnosis processes and routine checkups among common people, resulting in the rising demand for BP monitors.

Hill-Rom Holdings, Inc. Launched New Product to Foster Market Growth

Hill-Rom Holdings, Inc. announced the commercial launch of its new Welch Allyn Spot Vital Signs 4400 to detect blood pressure, temperature, pulse rate, and pulse oximetry in less than one minute. The Spot Vital Signs 4400 device provides a more effective way to access, capture, and document patient vitals than existing devices so clinicians can focus on what matters to their patients the most.

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Innovative Product Launches by Prominent Players to Lead to Their Dominance

Nihon Kohden Corporation, Omron Healthcare, Inc., and Hill-Rom Holdings, Inc. are the leading key players in the market. The incorporation of advanced technology for blood pressure measurement and the acquisition of other market players to expand their product offerings are some of the key factors initially responsible for the prominence of these players. Hence, blood pressure monitors market share is anticipated to expand during the projected period.

Notable Industry Development:

• February 2022: InBody Pvt. Ltd. declared the launch of BP 170, an automatic blood pressure monitor. These monitors provide individuals with an option to self-record and track major health metrics without visiting their doctor.

List of the Companies Profiled in the Report:

• Omron Healthcare, Inc. (Japan)


• Hill-Rom Holdings, Inc. (United States)


•  Nihon Kohden Corporation (Japan)


• Koninklijke Philips N.V. (Netherlands)


• Masimo (California)


• Beurer GmbH (Germany)


• GE Healthcare (General Electric Company) (United States)


• American Diagnostic Corporation (Europe)


• SunTech Medical, Inc. (United States)

Further Report Findings:

• North America held the blood pressure monitors market share in 2022. The increasing demand for the diagnostic devices is due to the rise in number of patients with high blood pressure.


• Europe is anticipated to record a steady CAGR during the projected period. This is due to the growing number of patient populations suffering from hypertension in European countries, resulting in an increased demand for these products.


• The growing elderly population in Asia Pacific is resulting in the growing incidences of chronic diseases among them, such as cardiovascular diseases, and hypertension, others. The rising patient pool of hypertension, along with the growing focus of key players in emerging markets, such as Japan, China, and others, is resulting in the increasing demand and adoption of blood pressure monitors in the region.

Latin America and the Middle East & Africa are anticipated to register moderate CAGR during the projected period.

Table of Segmentation: