Smart Blood Pressure Monitoring Devices Market Trends, Opportunities and Forecasts 2030

Smart Blood Pressure Monitoring Devices Industry Overview

The global smart blood pressure monitoring devices market size was valued at USD 998.0 million in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 11.1% during the forecast period.

The global market has witnessed growth in 2020 during the COVID-19 pandemic due to the increase in the demand for remote monitoring devices. Increasing incidences of hypertension due to eating habits, stress, and changing lifestyles are contributing to the growth of the market over the forecast period. According to the estimates published by the World Health Organization (WHO) in 2021, around 1.28 billion adults aged 30-79 years have hypertension globally.

Gather more insights about the market drivers, restrains and growth of the Global Smart Blood Pressure Monitoring Devices Market

U.S. smart blood pressure monitoring devices market size, by type, 2020 - 2030 (USD Million)

The COVID-19 pandemic had positively impacted the health monitoring devices market. Initially, the lockdown has impacted the supply chain and logistics of every market globally. As the need for these devices increases, the restriction on transportation and logistics also lifted off to fulfilling the demand for the product in the market. The lockdown and restrictions have changed the purchase and usage behavior across the globe, which has increased the usage of health monitoring devices. The rising awareness and benefits of the devices among consumers have contributed to the growth of the market for smart blood pressure monitoring devices.

The demand for smart blood pressure monitoring devices is very high on account of the prevalence of chronic disease, rising geriatric population, and increasing risk of lifestyle associated disorders among a wide population due to the rising incidences of obesity and sedentary lifestyle. The smart blood pressure monitoring device works one step ahead towards accuracy and reliable blood pressure measurement at home and ensures that the patient gets trustworthy results due to its advanced working mechanism. These smart devices can also show the record of its previous measurements done at home and the physician can interpret the blood pressure trends on the basis of previous records also and prescribes medicines on the basis of the analysis.

Technological advancements such as mobile-based blood pressure monitoring systems and digital monitoring devices are anticipated to drive the demand. Improvement and ease of use in devices for measuring blood pressure is positively impacting the market for smart blood pressure monitoring devices. Wearable and portable devices and mobiles such as wristwatches are gaining popularity owing to the associated benefits such as the wireless transmission of patient information and easy handling. New technologies such as mHealth, which supports treatment and medication compliances for patients in chronic disease management, are expected to fuel the growth of the market for smart blood pressure monitoring devices. It helps in tracking the patient’s health information, medication schedule, and follow up for the treatment. These associated advantages are expected to propel market growth.

Browse through Grand View Research's Medical Devices Industry Research Reports.

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Market Share Insights

  • January 2021: Omron Healthcare introduced its first remote patient monitoring service at CES 2021 with new digital health tools to boost patient-to-physician communication and empower more active management of hypertension.

Key Companies profiled:

Some prominent players in the global smart blood pressure monitoring devices market include

  • Omron Healthcare, Inc.
  • Koninklijke Philips N.V.
  • Qardio, Inc
  • iHealth Labs Inc.
  • ForaCare Suisse AG
  • Welch Allyn
  • A&D Medical Inc.
  • Beurer GmbH
  • Microlife AG
  • Withings
  • Kaz Inc.
  • SunTech Medical, Inc.

Order a free sample PDF of the Smart Blood Pressure Monitoring Devices Market Intelligence Study, published by Grand View Research.

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