1. What is the projected Compound Annual Growth Rate (CAGR) of the U.S. Blood Pressure Monitors Market?
The projected CAGR is approximately 9.1%.
U.S. Blood Pressure Monitors MarketU.S. Blood Pressure Monitors Market Report Probes the USD Million Size, Share, Growth Report and Future Analysis by 2033
U.S. Blood Pressure Monitors Market by Product (Sphygmomanometer, Digital BP Monitors, Ambulatory BP Monitors), by End-user (Hospitals & Clinics, Home Healthcare, Others), by Forecast 2025-2033
Base Year: 2024
180 Pages
U.S. Blood Pressure Monitors Market Report Probes the USD Million Size, Share, Growth Report and Future Analysis by 2033
U.S. Blood Pressure Monitors Market Report Probes the USD Million Size, Share, Growth Report and Future Analysis by 2033
Key Insights
The U.S. Blood Pressure Monitors Market size was valued at USD 602.4 USD Million in 2023 and is projected to reach USD 1108.30 USD Million by 2032, exhibiting a CAGR of 9.1 % during the forecast period. Blood pressure monitors are medical devices designed for measuring blood pressure. They have different types such as manual, Digital, wrist, and Upper arm monitors. The main characteristics are: accuracy; usability; readability of the display; memory capacity; and supported types of wireless connections (such as Bluetooth). Usages include home telemonitoring for hypertension, in-hospital clinical use, and personal transportable monitoring for fitness. Recent trends in the US market for smart monitors with health apps include an expansion in the number of smart monitors equipped with health applications, increased consumer attention toward and focus on preventive health care, and increased demand for home-use devices, owing to an increase in the population of the elderly as well as consumer convenience. These trends are responsible for the growth in the healthcare technology industry as it encourages innovations.
U.S. Blood Pressure Monitors Trends
- Increased adoption of advanced technologies such as wireless and portable devices.
- Growing demand for home healthcare monitoring systems due to their convenience and cost-effectiveness.
- Integration of blood pressure monitors with smartphones and wearable devices for accurate and real-time monitoring.
Driving Forces: What's Propelling the U.S. Blood Pressure Monitors Market
- Aging Population: The increasing prevalence of hypertension among the aging population, who are more susceptible to cardiovascular diseases, fuels the demand for blood pressure monitors.
- Increased Health Awareness: Growing public awareness about the importance of cardiovascular health and regular blood pressure monitoring drives the adoption of blood pressure monitors for self-management.
- Technological Advancements: Advancements in technology, including wireless connectivity, cloud-based platforms, and mobile applications, enhance the convenience and accessibility of blood pressure monitoring.
Challenges and Restraints in the U.S. Blood Pressure Monitors Market
- Accuracy Concerns: Ensuring accuracy and reliability in blood pressure monitors, especially for home use, remains a challenge.
- Reimbursement Issues: Limited reimbursement coverage for home blood pressure monitoring devices can hinder market growth.
- Competition from Generic Brands: Generic brands offering low-cost blood pressure monitors may pose competition to established players.
Emerging Trends in U.S. Blood Pressure Monitors
- Smartwatches with Blood Pressure Monitoring Capabilities: Integration of blood pressure monitoring features into smartwatches for continuous and unobtrusive monitoring.
- Telemedicine Applications: Remote blood pressure monitoring through telemedicine platforms allows for easy access to healthcare professionals.
- AI-Powered Blood Pressure Monitors: Artificial intelligence (AI) algorithms enhance accuracy and provide personalized insights based on blood pressure data.
Growth Catalysts in the U.S. Blood Pressure Monitors Industry
- Government Initiatives: Government programs promoting blood pressure monitoring and awareness campaigns.
- Collaboration with Healthcare Providers: Partnerships between blood pressure monitor manufacturers and healthcare providers to improve patient outcomes.
- Increase in Ambulatory Blood Pressure Monitoring: Growing adoption of ambulatory blood pressure monitors for 24-hour monitoring.
Market Segmentation: U.S. Blood Pressure Monitors Analysis
Product:
- Sphygmomanometer
- Digital BP Monitors
- Ambulatory BP Monitors
End-user:
- Hospitals & Clinics
- Home Healthcare
- Others
Leading Players in the U.S. Blood Pressure Monitors Market
Significant Developments in U.S. Blood Pressure Monitors Sector
- Q4 2022: Omron Healthcare announced the launch of its Evolv Wireless Upper Arm Blood Pressure Monitor with HeartGuide technology for early detection of AFib.
- June 2022: AliveCor launched KardiaMobile 6L, a six-lead personal ECG and blood pressure monitor that integrates heart health data into smartphones.
- January 2022: Withings introduced the ScanWatch with blood pressure monitoring capabilities, providing 24/7 heart health tracking.
Comprehensive Coverage U.S. Blood Pressure Monitors Market Report
This in-depth report provides a holistic and actionable analysis of the dynamic U.S. blood pressure monitors market, offering critical insights for stakeholders. It encompasses:
- Market Size and Forecast: Detailed historical data, current market valuation, and precise projections for future growth trajectories, broken down by product type and end-user segments.
- Key Trends and Drivers: An examination of the prevailing market forces, including the rising prevalence of hypertension, increasing health consciousness among consumers, advancements in digital health technologies, and the growing demand for home healthcare solutions.
- Challenges and Restraints: An objective assessment of the hurdles impacting market expansion, such as regulatory complexities, pricing pressures, the need for increased consumer awareness and education, and the dominance of established brands.
- Growth Catalysts: Identification of the primary factors propelling market growth, including innovations in smart and connected blood pressure monitors, the integration of AI and IoT for remote patient monitoring, the expansion of telehealth services, and supportive government initiatives for chronic disease management.
- Market Segmentation: A granular breakdown of the market by product type (e.g., upper arm monitors, wrist monitors, ambulatory monitors), technology (e.g., digital, aneroid), distribution channel (e.g., hospital pharmacies, retail pharmacies, online), and end-user (e.g., hospitals, clinics, homecare).
- Competitive Landscape: A thorough review of the key players operating in the U.S. blood pressure monitors market, including their market share, strategic initiatives, product portfolios, recent developments, and SWOT analyses.
- Industry Developments: An overview of significant recent advancements, strategic partnerships, mergers and acquisitions, new product launches, and emerging technologies shaping the future of the U.S. blood pressure monitors sector.
This report is an essential resource for manufacturers, suppliers, healthcare providers, investors, and policymakers seeking to navigate and capitalize on the evolving opportunities within the U.S. blood pressure monitors market.
Pricing Analysis
- Price trends
- Regional price variations
- Competitive pricing strategies
Import And Export Analysis
- Import and export patterns
- Key importing and exporting countries
- Market penetration of imported blood pressure monitors
Segmentation
Product Type:
- Sphygmomanometer
- Digital BP Monitors
- Ambulatory BP Monitors
End-user:
- Hospitals & Clinics
- Home Healthcare
- Others
Patent/Trademark Analysis
- Recent patents and trademarks filed in the blood pressure monitor industry
- Analysis of IP protection strategies
U.S. Blood Pressure Monitors Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 9.1% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Awareness Regarding Contraceptive Drugs Leads to Product Demand
- 3.3. Market Restrains
- 3.3.1. Limitations Associated with the Use of Blood Pressure Monitors Negatively Impact the Market Growth
- 3.4. Market Trends
- 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product
- 5.1.1. Sphygmomanometer
- 5.1.2. Digital BP Monitors
- 5.1.3. Ambulatory BP Monitors
- 5.2. Market Analysis, Insights and Forecast - by End-user
- 5.2.1. Hospitals & Clinics
- 5.2.2. Home Healthcare
- 5.2.3. Others
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1.
- 5.1. Market Analysis, Insights and Forecast - by Product
- 6. Northeast U.S. Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2031
- 7. Southeast U.S. Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2031
- 8. Midwest U.S. Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2031
- 9. Southwest U.S. Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2031
- 10. West U.S. Blood Pressure Monitors Market Analysis, Insights and Forecast, 2019-2031
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Omron Healthcare Inc. (Japan)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Hill-Rom Holdings Inc. (U.S.)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Nihon Kohden Corporation (Japan)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Koninklijke Philips N.V. (Netherlands)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Masimo (U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Beurer GmbH (Germany)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 GE Healthcare (General Electric Company) (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 American Diagnostic Corporation (U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 SunTech Medical Inc. (U.S.)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.1 Omron Healthcare Inc. (Japan)
List of Figures
- Figure 1: U.S. Blood Pressure Monitors Market Revenue Breakdown (USD Million, %) by Product 2024 & 2032
- Figure 2: U.S. Blood Pressure Monitors Market Share (%) by Company 2024
List of Tables
- Table 1: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by Region 2019 & 2032
- Table 2: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by Region 2019 & 2032
- Table 3: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by Product 2019 & 2032
- Table 4: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by Product 2019 & 2032
- Table 5: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by End-user 2019 & 2032
- Table 6: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by End-user 2019 & 2032
- Table 7: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by Region 2019 & 2032
- Table 8: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by Region 2019 & 2032
- Table 9: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by Country 2019 & 2032
- Table 10: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by Country 2019 & 2032
- Table 11: Northeast U.S. Blood Pressure Monitors Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 12: Northeast U.S. Blood Pressure Monitors Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 13: Southeast U.S. Blood Pressure Monitors Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 14: Southeast U.S. Blood Pressure Monitors Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 15: Midwest U.S. Blood Pressure Monitors Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 16: Midwest U.S. Blood Pressure Monitors Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 17: Southwest U.S. Blood Pressure Monitors Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 18: Southwest U.S. Blood Pressure Monitors Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 19: West U.S. Blood Pressure Monitors Market Revenue (USD Million) Forecast, by Application 2019 & 2032
- Table 20: West U.S. Blood Pressure Monitors Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 21: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by Product 2019 & 2032
- Table 22: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by Product 2019 & 2032
- Table 23: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by End-user 2019 & 2032
- Table 24: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by End-user 2019 & 2032
- Table 25: U.S. Blood Pressure Monitors Market Revenue USD Million Forecast, by Country 2019 & 2032
- Table 26: U.S. Blood Pressure Monitors Market Volume K Units Forecast, by Country 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the U.S. Blood Pressure Monitors Market?
Key companies in the market include Omron Healthcare, Inc. (Japan), Hill-Rom Holdings, Inc. (U.S.), Nihon Kohden Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Masimo (U.S.), Beurer GmbH (Germany), GE Healthcare (General Electric Company) (U.S.), American Diagnostic Corporation (U.S.), SunTech Medical, Inc. (U.S.).
3. What are the main segments of the U.S. Blood Pressure Monitors Market?
The market segments include Product, End-user.
4. Can you provide details about the market size?
The market size is estimated to be USD 602.4 USD Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Awareness Regarding Contraceptive Drugs Leads to Product Demand.
6. What are the notable trends driving market growth?
Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.
7. Are there any restraints impacting market growth?
Limitations Associated with the Use of Blood Pressure Monitors Negatively Impact the Market Growth.
8. Can you provide examples of recent developments in the market?
September 2022 – Garmin Ltd. announced the commercialization of the Food and Drug Administration (FDA) cleared smart blood pressure monitor, Index BPM.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 2850, USD 3850, and USD 4850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD Million and volume, measured in K Units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "U.S. Blood Pressure Monitors Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the U.S. Blood Pressure Monitors Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the U.S. Blood Pressure Monitors Market?
To stay informed about further developments, trends, and reports in the U.S. Blood Pressure Monitors Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.