Ambulatory Blood Pressure Monitoring Devices Industry Insights 2025 – Market Forecast for Executives and Planners
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How Has the Ambulatory Blood Pressure Monitoring Devices Market Size Changed, over the years?
In the recent past, the market size for ambulatory blood pressure monitoring devices has experienced a quick expansion. It’s projected to escalate from $1.03 billion in 2024 to $1.15 billion in 2025, with a compound annual growth rate (CAGR) of 11.7%. The surge during the historical period is largely due to the rising incidence of hypertension, heightened awareness of cardiovascular health, augmented adoption of home healthcare technologies, an increase in demand for persistent blood pressure monitoring, and a heightened emphasis on early detection and treatment.
How Much Will the Ambulatory Blood Pressure Monitoring Devices Market Be Worth in 2029?
In the coming years, a swift expansion is predicted for the market of ambulatory blood pressure monitoring devices, with its size anticipated to reach $1.78 billion by 2029, boasting a compound annual growth rate (CAGR) of 11.5%. This projected rise during the forecast period may be tied to factors such as the growing incorporation of wearable technology, the rising acceptance of telemedicine, escalating demand for tailored healthcare solutions, increased investments in healthcare facilities and growing instances of chronic diseases. The period ahead is likely to witness trends such as enhancements in wireless technology, advanced sensor precision, groundbreaking data analytics, mobile health apps integration and the creation of compact, user-friendly devices.
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Which is the Largest Company in the Ambulatory Blood Pressure Monitoring Devices Market?
Major companies operating in the ambulatory blood pressure monitoring devices market are Koninklijke Philips N.V. (Philips Healthcare), GE Healthcare Technologies Inc., Omron Healthcare Co. Ltd., Hill-Rom Holdings Inc., Halma plc, OSI Systems Inc., Contec Medical Systems Co. Ltd., Spacelabs Healthcare Inc., Schiller Holding AG, Withings S.A. (Withings Inc.), Vaso Corporation, BPL Medical Technologies Private Limited, Microlife Corporation (Microlife AG), SunTech Medical Inc., Rossmax International Ltd., Rudolf Riester GmbH, iHealth Labs Inc., American Diagnostic Corporation, AViTA Corporation, Bosch + Sohn GmbH u. Co. KG
What Are the Main Market Drivers in the Ambulatory Blood Pressure Monitoring Devices Industry?
The rise in hypertension cases is anticipated to spur the expansion of the ambulatory blood pressure monitoring devices market. Hypertension is typified by persistently elevated blood pressure in the arteries and is exacerbated by factors like poor diets, lack of physical activity, and rising obesity rates. Ambulatory blood pressure monitoring devices can assist in managing hypertension by offering continuous, precise measurements of blood pressure during daily activities and sleep, thereby facilitating improved diagnosis and tailored treatment management. As per the World Health Organization (WHO) in September 2023, approximately 1.3 billion adults worldwide, or one out of every three adults, suffer from hypertension. The WHO suggests increasing treatment coverage to 50% by 2025 could prevent around 76 million deaths by 2050, emphasizing the crucial role these devices can play. Consequently, the escalating prevalence of hypertension is expected to drive the growth of the ambulatory blood pressure monitoring devices market.
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How Is the Ambulatory Blood Pressure Monitoring Devices Market Segments Structured?
The ambulatory blood pressure monitoring devices market covered in this report is segmented –
1) By Product Type: Automatic ABPM Devices, Manual ABPM Devices, Specialised ABPM Devices
2) By Device Type: Ambulatory Blood Pressure Monitor, Home Blood Pressure Monitor, Hospital Blood Pressure Monitor, Wearable Blood Pressure Monitor, Finger Blood Pressure Monitor
3) By Applications: Hypertension Management, Cardiovascular Disease Monitoring, Preoperative Assessment, Postoperative Monitoring
4) By Distribution Channel: Direct Sales, Online Retail, Third-Party Distributors, Pharmacies
5) By End Use: Hospitals, Homecare, Prescription, OTC
Subsegment:
1) By Automatic ABPM Devices: Upper Arm Automatic ABPM Devices, Wrist-Worn Automatic ABPM Devices, Bluetooth-Enabled Automatic ABPM Devices, Smartphone-Integrated ABPM Devices
2) By Manual ABPM Devices: Aneroid Manual ABPM Devices, Mercury-Based Manual ABPM Devices, Digital Readout Manual Devices (Semi-Automatic)
3) By Specialised ABPM Devices: Pediatric ABPM Devices, Geriatric ABPM Devices, Nocturnal ABPM Devices, Wearable Patch-Based ABPM Devices
What Strategic Trends Are Transforming the Ambulatory Blood Pressure Monitoring Devices Market?
Prominent businesses in the ambulatory surgical pressure monitoring devices market are concentrating on advancing technology, such as point-of-care devices, to improve real-time monitoring precision, ameliorate patient comfort, and expedite clinical decisions. A point-of-care device is a medical apparatus administered close to the patient’s site to deliver swift diagnostic or monitoring outcomes, eliminating the need for a centralized laboratory. For example, in July 2022, CardiAI Inc., a biotechnology firm based in Canada, rolled out BPAro, a sophisticated 24-hour ambulatory blood pressure monitor. This novel device supports constant monitoring for up to a week, recording blood pressure data during day-to-day activities and sleep. It provides Bluetooth functionality for instantaneous data exchange with patients and medical professionals. BPAro is designed to be user-friendly, thereby enhancing its convenience and comfort levels. It facilitates superior hypertension identification and regulation outside of clinical settings.
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Which Global Regions Offer the Highest Growth in the Ambulatory Blood Pressure Monitoring Devices Market?
North America was the largest region in the ambulatory blood pressure monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ambulatory blood pressure monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the ambulatory blood pressure monitoring devices market, and how is it changing globally?
2. Who are the major companies in the ambulatory blood pressure monitoring devices market, and how are they performing?
3. What are the key opportunities and risks in the ambulatory blood pressure monitoring devices market right now?
4. Which products or customer segments are growing the most in the ambulatory blood pressure monitoring devices market?
5. What factors are helping or slowing down the growth of the ambulatory blood pressure monitoring devices market?
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