Ambulatory Blood Pressure Monitoring Devices Market
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Ambulatory Blood Pressure Monitoring Devices Market size was valued at around USD 1.1 billion in 2023 and is estimated to grow at a CAGR of 8.5% between 2024 and 2032. This market exclusively targets ambulatory settings for blood pressure monitoring devices, excluding considerations for other end-users such as hospitals or homecare.
This robust market growth can be attributed to various factors, including ongoing advancements in technology, increasing prevalence of hypertension and cardiovascular diseases, surging demand for non-invasive monitoring solutions, and growing need for integrated electronic health records (EHRs), among other contributing factors.
Report Attribute | Details |
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Base Year: | 2023 |
Ambulatory Blood Pressure Monitoring Devices Market size in 2023: | USD 1.1 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2023 - 2032 CAGR: | 8.5 |
2023 Value Projection: | USD 2.3 Billion |
Historical Data for: | 2018 - 2023 |
No of Pages: | 120 |
Tables, Charts & Figures: | 319 |
Segments Covered: | Device Type, Operation, Configuration, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Additionally, hypertension, also known as high blood pressure, poses a substantial global health challenge, with its rising prevalence linked to factors like sedentary lifestyles, poor dietary habits, and aging demographics. Ambulatory blood pressure monitoring devices are pivotal in diagnosing and controlling hypertension, fueling demand as healthcare providers pursue precise and uninterrupted monitoring options for patients. For instance, according to the World Health Organization (WHO), in 2023, approximately 1.28 billion individuals worldwide between the ages of 30 and 79 suffer with hypertension.
Ambulatory blood pressure monitoring devices are medical instruments engineered to continuously track a patient's blood pressure over an extended timeframe, usually 24 hours, throughout their regular daily routines. Comprising a portable unit linked to a cuff worn on the patient's arm or wrist, these devices automatically inflate at scheduled intervals to gauge blood pressure levels.
The market is witnessing several notable trends that are shaping its growth and development. Factors such as continuous technological innovations in blood pressure monitoring devices, growing adoption of integrated telemedicine and remote patient monitoring solutions, rising emphasis on preventive healthcare, and surging demand for integrated artificial intelligence (AI) in healthcare and machine learning, among other factors are propelling the industry growth.
The market by device type is categorized into products and accessories. The products segment is further divided into digital BP monitor, aneroid BP monitor, and mercury BP monitor. The digital BP monitor segment in further bifurcated into upper arm monitors, wrist monitors, and finger monitors. The digital BP monitor segment garnered USD 592 million revenue in 2023.
Based on operation, the ambulatory blood pressure monitoring devices market is segmented into automatic, semi-automatic, and manual. The automatic segment accounted for over 49% business share in 2023 and is anticipated to witness highest market growth during the forecast period.
Based on configuration, the ambulatory blood pressure monitoring devices market is segmented into portable, desk mounted, floor standing, and wall mounted. The portable segment accounted for over 74.5% market share in 2023.
North America ambulatory blood pressure monitoring devices market accounted for USD 432.8 million revenue in 2023 and is predicted to witness substantial market growth.
The ambulatory blood pressure monitoring devices industry is highly competitive, featuring both major multinational corporations and smaller to mid-sized companies vying for market share. A primary focus of industry players is the continuous development and introduction of innovative products leveraging various technologies. This strategy drives competitiveness, fosters technological advancement, and meets evolving consumer demands for advanced and differentiated ambulatory monitoring solutions.
Some of the eminent market participants operating in the ambulatory blood pressure monitoring devices industry include:
Market, By Device Type
Market, By Operation
Market, By Configuration
The above information is provided for the following regions and countries:
North America ambulatory blood pressure monitoring devices market size was USD 432.8 million in 2023, led by thriving need for essential tools for diagnosing, managing, and monitoring several health conditions.
The automatic operation segment recorded over 49% of the ambulatory BP monitoring devices market share in 2023 and is anticipated to witness growth till 2032 owing to their popularity as convenient and user-friendly alternative to manual devices.
Digital BP monitor market generated USD 592 million in revenue in 2023, owing to the rising need for diagnosing and managing hypertension and other cardiovascular conditions.
Ambulatory blood pressure (BP) monitoring devices industry size was USD 1.1 billion in 2023 and is estimated to exceed USD 2.3 billion by 2032 due to the increasing prevalence of hypertension and cardiovascular diseases along with the surging demand for non-invasive monitoring solutions.