Global Wearable Blood Pressure Monitors Market Projected to Reach $3.19 Billion by 2029 at a CAGR of 16.2%
Discover trends, market shifts, and competitive outlooks for the wearable blood pressure monitors industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
#How Has the Wearable Blood Pressure Monitors Market Growth Performance Trended Historically, And What Lies Ahead?
In recent times, there has been a significant expansion in the market size for wearable blood pressure monitors. This industry’s growth is expected to escalate from $1.53 billion in 2024 to $1.75 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 14.6%. The notable growth during the historic period resulted from factors like a rise in hypertension cases, increased investment in healthcare, swift progress in technology, and robust economic development in newly emerging markets.
The market for wearable blood pressure monitors is projected to experience accelerated expansion in the upcoming years, reaching $3.19 billion in 2029 with a compound annual growth rate (CAGR) of 16.2%. This growth during the forecasted period can be credited to factors such as an increasing demand for remote patient monitoring devices, a swelling adoption of wireless and wearable technology, an expanding elderly population, and advancements in technology that are anticipated to stimulate market growth. Principal trends during the forecast period encompass the exploration of investment opportunities in advanced technologies to stay competitive, the investment in AI to maximize revenue and enhance process efficiency, the notion of utilizing radar technology in wearable blood pressure monitors to yield more precise and continuous blood pressure reads, and considering the acquisition, merging, or collaboration with other firms to upgrade product ranges and broaden operations.
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What are the Fundamental Drivers and Innovations Shaping the Wearable Blood Pressure Monitors Market?
The wearable blood pressure monitors market is anticipated to be driven by the increased demand for patient monitoring devices. This demand has largely been fueled by the growing prevalence of chronic diseases and the increasing number of surgeries requiring continuous monitoring. Moreover, a growing trend towards healthy living and fitness has led to individuals wanting to constantly monitor their health, as a preventive measure and as a way to enhance their health status. A report by Valencell, a company in the wearable technology sector, reveals that two-thirds of consumers own wearable devices due to their belief that it positively affects their health. Around 55% of the participants expressed interest in leveraging wearable technologies to monitor their blood pressure. Given this, it is projected that the rising demand for these monitoring devices will drive growth in the wearable blood pressure market.
How Is the Wearable Blood Pressure Monitors Market Segmented?
The wearable blood pressure monitors market covered in this report is segmented –
1) By Product: Wrist Blood Pressure Monitor, Upper Arm Blood Pressure Monitor, Finger Blood Pressure Monitor
2) By Technology: Wi-Fi Based, Bluetooth Based
3) By Application: Hospital, Clinic, Home Care Settings, Other Applications
Subsegments:
1) By Wrist Blood Pressure Monitor: Automatic Wrist Monitors, Manual Wrist Monitors, Bluetooth-Enabled Wrist Monitors
2) By Upper Arm Blood Pressure Monitor: Automatic Upper Arm Monitors, Manual Upper Arm Monitors, Bluetooth-Enabled Upper Arm Monitors
3) By Finger Blood Pressure Monitor: Automatic Finger Monitors, Manual Finger Monitors, Bluetooth-Enabled Finger Monitors
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Which Regions Are Driving the Next Phase of the Wearable Blood Pressure Monitors Market Growth?
North America was the largest region in the wearable blood pressure monitors market in 2024. Asia-Pacific was the second largest market in the global wearable blood pressure monitors market analysis. The regions covered in the wearable blood pressure monitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Key Trends Are Shaping the Future of the Wearable Blood Pressure Monitors Market?
The majority of wearable technologies for blood pressure monitoring are still in the experimental or R&D phase. Both corporations and scientific researchers are exploring various wearable devices designed for blood pressure tracking. One such technology involves the usage of a smartphone video, which detects blood pressure changes via alterations in facial blood vessels. Valencell, a firm specializing in health technology, is developing an earbud sensor capable of blood pressure detection through photoplethysmography. Additionally, the Akttia bracelet, a cuff-less device leveraging an optical sensor to monitor blood pressure, is in the stages of verification. Thus, additional research in this field is anticipated to offer growth prospects for the wearable blood pressure market.
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How Is the Wearable Blood Pressure Monitors Market Defined and What Are Its Core Parameters?
Wearable blood pressure monitors are advanced, comfortable devices designed for continuous, non-invasive tracking of blood pressure, utilizing technologies like pulse wave transit time and photoplethysmography to enable early detection of hypertension and integrate with overall health monitoring.
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