Dynamic Blood Pressure Monitor Market Research, 2033
The global dynamic blood pressure monitor market size was valued at $1.1 billion in 2023, and is projected to reach $3.1 billion by 2033, growing at a CAGR of 10.9% from 2024 to 2033. The dynamic blood pressure monitor market is driven by the increasing prevalence of hypertension and cardiovascular diseases, which require regular monitoring. Technological advancements, such as wearable devices with continuous monitoring capabilities, and the growing demand for home-based healthcare solutions further boost market growth.
Market Introduction and Definition
A dynamic blood pressure monitor is a medical device used to continuously measure and record a patient's blood pressure over an extended period, typically 24 to 48 hours. Unlike traditional single-read monitors, it captures fluctuations in blood pressure throughout daily activities and rest, providing a comprehensive picture of a person's cardiovascular health. This real-time monitoring helps in diagnosing conditions like hypertension, evaluating the effectiveness of treatment, and identifying patterns such as white-coat hypertension or nocturnal blood pressure variations.
Key Takeaways
- The dynamic blood pressure monitor market share study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major dynamic blood pressure monitor industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Dynamics
The dynamic blood pressure monitor market growth driven by the increase in prevalence of cardiovascular diseases and hypertension worldwide. According to the World Health Organization (WHO) , cardiovascular diseases are among the leading causes of death globally, and high blood pressure is a major risk factor. This rise in hypertension cases, along with greater awareness of the importance of regular blood pressure monitoring, led to heightened demand for dynamic blood pressure monitoring solutions that provide more accurate and continuous data than traditional devices.
In addition, rise in technological advancements, innovations in wearable technology and connected health devices have transformed the landscape of healthcare monitoring. Dynamic blood pressure monitors now often come equipped with features such as wireless connectivity, real-time data tracking, and integration with smartphones or other digital health platforms. This makes it easier for patients and healthcare professionals to monitor and manage blood pressure remotely, fostering the adoption of these devices in both clinical settings and at home thereby supporting the growth during dynamic blood pressure monitor market forecast period.
Furthermore, rise in technological advancements in dynamic blood pressure monitor design, such as improved precision and user-friendly features, are also propelling market expansion. The market is also supported by the rise of online pharmacies and the increasing availability of healthcare products through e-commerce platforms, which provide easy access to various types of dynamic blood pressure monitors thereby propelling the market dynamic blood pressure monitor market size.
However, the rise of alternative drug delivery systems, such as advanced inhalers, auto-injectors, and smart devices, may reduce the demand for traditional dynamic blood pressure monitors as these alternatives offer improved convenience, accuracy, and patient compliance. On the other hand, growing emphasis on home healthcare provides dynamic blood pressure monitor market opportunity. The rise of personalized medicine, where treatments are tailored to individual patient needs, further boosts demand for dynamic blood pressure monitors that ensure accurate delivery of tailored doses.
Number of people with high blood pressure in the U.S. (2017-2020)
According to the Centers for Disease Control and Prevention (CDC) , between 2017 and 2020, approximately 50% of men and 44% of women in the U.S. had high blood pressure. This significant prevalence underscores the growing need for effective blood pressure management solutions across both genders. Given that hypertension is a leading risk factor for cardiovascular diseases, the demand for accurate and continuous monitoring is essential to mitigate health risks.
Dynamic blood pressure monitors, which offer real-time, continuous tracking, address this need by enabling individuals and healthcare providers to better manage and control blood pressure. As awareness of hypertension increases, especially with high prevalence rates in both men and women, the market for advanced, connected BP monitoring devices is expanding. These devices provide valuable data that help to tailor treatments and reduce complications, driving growth in the dynamic blood pressure monitor market as more people seek proactive health management solutions.
No. of people with high blood pressure in U.S. (%), by Gender (2017- 2020)
Gender | No. of people with high blood pressure (%) |
Men | 50% |
Women | 44% |
Source : Centers for Disease Control and Prevention (CDC)
Market Segmentation
The dynamic blood pressure monitor market is segmented into type, end user, and region. On the basis of the type, the market is segmented into wearable blood pressure monitors, wrist monitors, and others. By end user, the market is divided into hospitals and clinics, home healthcare, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
North America dynamic blood pressure monitor market share domiated by rise in prevalence of hypertension, advanced healthcare infrastructure, and strong adoption of wearable and connected health technologies. The U.S. leads this market, driven by rise in demand for home-based monitoring, and supportive government initiatives. However, the Asia-Pacific, particularly India and China, represents the fastest-growing market for dynamic blood pressure monitor. In addition, increasing healthcare expenditure, improving healthcare infrastructure, and rising awareness about cardiovascular diseases are driving dynamic blood pressure monitor market growth.
- According to American Medical Association, the health spending in the U.S. increased by 4.1% in 2022 ($4.4 trillion) . With the rise in healthcare expenditure, there is a greater focus on efficient and accurate drug administration, driving the need for reliable dynamic blood pressure monitor solutions. Increased investment in pharmaceuticals and healthcare innovations fuels the development and use of advanced dynamic blood pressure monitors for various applications, including liquid medications and supplements thereby fueling the market growth.
Industry Trends
- According to World Health Organization (WHO) in 2023, the Indian Ministry of Health and Family Welfare announced an initiative aimed at screening and placing 75 million individuals with hypertension or diabetes on standard care by 2025. This initiative was launched during a G20 event focused on accelerating the prevention and management of these conditions, coinciding with World Hypertension Day. As the initiative focuses on standard care, dynamic monitors, with their real-time tracking capabilities, support long-term hypertension management which further fuels the market growth.
- In 2023, OMRON Healthcare plans to expand its presence in India. However, the penetration rate of blood pressure monitors in India remains low at around 2%. In addition, according to annual report of OMRON 2021, it is a no. 1 global market share for home blood pressure monitors with more than 600, 000 sales channels worldwide. This expansion is set to drive demand for advanced BP monitoring solutions, aligning with the country's growing healthcare needs.
Competitive Landscape
The major players operating in the dynamic blood pressure monitor market are Contec, OMRON Corporation, SunTech Medical, Inc., OSI Systems, Inc., Koninklijke Philips N.V., Microlife Corporation, Norditalia Group S.r.l., Rudolf Riester GmbH, Valencell, INC., and Baxter International Inc. Other players in dynamic blood pressure monitor market include HINGMED and so on.
Recent Key Strategies and Developments in Dynamic Blood Pressure Monitor Industry
- In January 2020, SunTech Medical Inc., the leading provider of clinical-grade blood pressure measurement technologies and devices, and Valencell Inc., the leader in highly accurate biometric sensors for wearables, announced a collaboration agreement to jointly develop new blood pressure measurement solutions that will enhance patient safety.
Key Sources Referred
- National Center for Biotechnology and Information (NCBI)
- Centers for Medicare & Medicaid Services (CMS)
- Government of Canada's Health and Wellness
- Ministry of Health and Family Welfare (MoHFW)
- National Health Mission (NHM)
- Centers for Disease Control and Prevention (CDC)
- Food and Drug Administration (FDA)
- National Institutes of Health (NIH)
- World Health Organization (WHO)
- National Library of Medicine
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dynamic blood pressure monitor market analysis from 2024 to 2033 to identify the prevailing dynamic blood pressure monitor market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the dynamic blood pressure monitor market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global dynamic blood pressure monitor market trends, key players, market segments, application areas, and market growth strategies.
Dynamic Blood Pressure Monitor Market , by Type Report Highlights
| Aspects | Details |
 Market Size By 2033 | USD 3.1 Billion |
 Growth Rate | CAGR of 10.9% |
 Forecast period | 2024 - 2033 |
 Report Pages | 240 |
 By Type |
|
 By End User |
|
 By Region |
|
 Key Market Players | SunTech Medical, Inc. , Koninklijke Philips N.V., Contec , OMRON Corporation, Baxter International Inc., Rudolf Riester GmbH, HINGMED , Norditalia Group S.r.l., OSI Systems, Inc., Microlife Corporation |
The total market value of dynamic blood pressure monitor market was $1.1 billion in 2023.
The market value of dynamic blood pressure monitor market is projected to reach $3.1 billion by 2033.
The base year is 2023 in dynamic blood pressure monitor market.
The forecast period for dynamic blood pressure monitor market is 2024 to 2033.
A dynamic blood pressure monitor is a device that continuously measures and tracks blood pressure in real-time, providing detailed information on blood pressure fluctuations throughout the day.
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