May 26, 2024

U.S. Blood Pressure Monitoring Devices Market Size, Growth, Report 2033

The U.S. blood pressure monitoring devices market size is poised to grow by USD 1.48 billion by 2033 from USD 0.52 billion in 2023, exhibiting a CAGR of 11.10% during the forecast period 2024 to 2033.

Key Takeaways

  • By product, the sphygmomanometer segment held the largest share of the market in 2023.
  • By product, the ambulatory blood pressure monitor segment is expected to witness the fastest rate of expansion during the forecast period of 2024-2033.
  • By end user, the hospitals segment held the largest share of the market in 2023 and the segment is observed to grow at the fastest rate during the forecast period.
  • By end user, the home healthcare segment is observed to grow at the fastest CAGR during the forecast period.

Blood Pressure Monitoring Devices Market Size in US 2024 To 2033

The U.S. blood pressure monitoring devices market is a vital segment of the medical devices industry, aimed at tracking and managing hypertension, a prevalent cardiovascular condition affecting millions of Americans. These devices encompass a range of technologies, from traditional cuff-based monitors to advanced wearable and smartphone-integrated solutions. With the increasing prevalence of hypertension and growing awareness about preventive healthcare, the demand for blood pressure monitoring devices in the U.S. has been steadily rising.

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Growth Factors

Several factors contribute to the growth of the U.S. blood pressure monitoring devices market. Firstly, the aging population and the rising incidence of lifestyle-related diseases such as obesity and diabetes contribute to an increased prevalence of hypertension. Additionally, technological advancements have led to the development of more accurate, user-friendly, and convenient blood pressure monitoring devices, driving adoption rates. Moreover, initiatives by healthcare organizations and government agencies to promote regular blood pressure monitoring as part of preventive healthcare further stimulate market growth.

U.S. Blood Pressure Monitoring Devices Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 11.10%
U.S. Market Size in 2023 USD 0.52 Billion
U.S. Market Size by 2033 USD 1.48 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product and By End User

Read More: Hydrogen Storage Tanks and Transportation Market Size Report 2033

Opportunities

The U.S. blood pressure monitoring devices market presents significant opportunities for growth and innovation. With the advent of telemedicine and remote patient monitoring technologies, there is a growing demand for portable and connected blood pressure monitoring devices that enable patients to track their blood pressure levels conveniently at home. Furthermore, the integration of artificial intelligence and machine learning algorithms into these devices offers opportunities for personalized healthcare solutions and predictive analytics. Moreover, expanding distribution channels and strategic partnerships with healthcare providers and insurers can enhance market penetration and accessibility.

Challenges

Despite its promising outlook, the U.S. blood pressure monitoring devices market faces several challenges. One of the primary concerns is the accuracy and reliability of some consumer-grade blood pressure monitors, which may lead to inaccurate readings and mismanagement of hypertension. Regulatory compliance and reimbursement policies also pose challenges for manufacturers, especially for innovative devices seeking approval and coverage. Moreover, addressing disparities in healthcare access and affordability remains a significant challenge, particularly among underserved populations who may have limited access to blood pressure monitoring devices and healthcare services.

U.S. Blood Pressure Monitoring Devices Market Companies

  • Koninklijke Philips N.V.
  • General Electric Company
  • SunTech Medical, Inc.
  • Welch Allyn
  • American Diagnostic Corporation
  • Briggs Healthcare
  • Spacelabs Healthcare
  • GF HEALTH PRODUCTS, INC.
  • Rossmax International Limited
  • Microlife Corporation

Data Sources and Methodology

To gather comprehensive insights on the Global U.S. blood pressure monitoring devices Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global U.S. blood pressure monitoring devices Market.

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  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Product

  • Digital Blood Pressure Monitor
    • Wrist
    • Arm
    • Finger
  • Sphygmomanometer
  • Ambulatory Blood Pressure Monitor
  • Instruments & Accessories
    • Blood pressure cuffs
      • Reusable
      • Disposable
    • Others
  • Transducers
    • Reusable
    • Disposable

By End User

  • Ambulatory Surgical Centers & Clinics
  • Hospitals
  • Home Healthcare

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global U.S. blood pressure monitoring devices market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global U.S. blood pressure monitoring devices market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global U.S. blood pressure monitoring devices market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global U.S. blood pressure monitoring devices market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on U.S. Blood Pressure Monitoring Devices Market 

5.1. COVID-19 Landscape: U.S. Blood Pressure Monitoring Devices Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8.U.S. Blood Pressure Monitoring Devices Market, By Product

8.1. U.S. Blood Pressure Monitoring Devices Market Revenue and Volume, by Product, 2024-2033

8.1.1. Digital Blood Pressure Monitor

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Sphygmomanometer

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Ambulatory Blood Pressure Monitor

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Instruments & Accessories

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Transducers

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. U.S. Blood Pressure Monitoring Devices Market, By End User

9.1. U.S. Blood Pressure Monitoring Devices Market Revenue and Volume, by End User, 2024-2033

9.1.1. Ambulatory Surgical Centers & Clinics

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Hospitals

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Home Healthcare

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. U.S. Blood Pressure Monitoring Devices Market and Trend Forecast

10.1. U.S.

10.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.1.2. Market Revenue and Volume Forecast, by End User (2021-2033)

Chapter 11. Company Profiles

11.1. Koninklijke Philips N.V.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. General Electric Company

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. SunTech Medical, Inc.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Welch Allyn

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. American Diagnostic Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Briggs Healthcare

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Spacelabs Healthcare

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. GF HEALTH PRODUCTS, INC.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Rossmax International Limited

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Microlife Corporation

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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