Home > Healthcare > Medical Devices > Diagnostic Devices > Home Blood Pressure Monitoring Devices Market

Home Blood Pressure Monitoring Devices Market Size

  • Report ID: GMI8563
  • Published Date: Mar 2024
  • Report Format: PDF

Home Blood Pressure Monitoring Devices Market Size

Home Blood Pressure Monitoring Devices Market size was valued at around USD 1.5 billion in 2023 and is estimated to reach over USD 3.3 billion by 2032 with a CAGR of 9.2% over the forecast period. This robust market growth can be attributed to various factors, including ongoing advancements in technology, increasing prevalence of hypertension and cardiovascular diseases, growing aging population and chronic disease management, and rising adoption of telehealth and remote patient monitoring solutions, among other contributing factors.

 

Moreover, hypertension, or high blood pressure, is a widespread health condition globally, affecting millions of people. As the incidence of hypertension continues to rise owing to factors such as sedentary lifestyles, poor dietary habits, and aging populations, there is a growing need for effective monitoring and management solutions. Home blood pressure monitoring devices enable individuals to monitor their blood pressure conveniently and regularly, facilitating early detection, intervention, and management of hypertension and related cardiovascular diseases. 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.
 

Furthermore, ongoing advancements in technology have led to the development of more advanced, user-friendly, and accurate home blood pressure monitoring devices. Modern devices often feature digital displays, automatic inflation, memory storage, and connectivity options such as Bluetooth or Wi-Fi. These technological innovations enhance the usability, accuracy, and convenience of home healthcare, driving increased adoption among consumers, thereby contributing to the market growth.
 

Home blood pressure monitoring devices are medical devices designed for individuals to measure and monitor their blood pressure levels in a non-clinical setting, typically within the comfort of their own homes. These devices provide a convenient and accessible means for individuals to track their blood pressure regularly without the need for frequent visits to healthcare facilities.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Home blood pressure (BP) monitoring devices industry size was USD 1.5 billion in 2023 and is set to expand at 9.2% CAGR from 2024 to 2032 attributed to increasing burden of hypertension and cardiovascular diseases, aging population and rising adoption of telehealth and remote patient monitoring solutions.

Home blood pressure monitoring devices industry from the digital BP monitor segment accounted for USD 816 million in revenue in 2023 and is estimated to depict notable growth through 2032 owing to the rise of telehealth and remote patient monitoring.

North America home blood pressure monitoring devices market generated USD 580.4 million in revenue in 2023 and is set to exhibit robust growth through 2032 led by significant R&D investments to enhance the accuracy, reliability, and user experience of blood pressure monitors.

Some of the leading companies engaged in the home blood pressure monitoring devices industry are A&D Company, Limited, American Diagnostic Corporation, Beurer GmbH, Contec., Dr. Morepen, ForaCare, Inc., iHealth Labs Inc, Koninklijke Philips N.V., Microlife Corporation, and OMRON Corporation

Home Blood Pressure Monitoring Devices Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 375
  • Countries covered: 22
  • Pages: 180
 Download Free Sample