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The market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous technological innovations in blood pressure monitoring devices, rising emphasis on preventive healthcare, growing need for personalized healthcare solutions, and a surging demand for integrated artificial intelligence (AI) in healthcare and machine learning, among other factors are propelling the industry growth.
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