U.S. Blood Pressure Monitoring Devices Market (By Product: Digital Blood Pressure Monitor, Sphygmomanometer, Ambulatory Blood Pressure Monitor, Instruments & Accessories, Transducers; By End User: Ambulatory Surgical Centers & Clinics, Hospitals, Home Healthcare) - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2033

The U.S. blood pressure monitoring devices market size was estimated at USD 1.95 billion in 2023 and is expected to be worth around USD 4.66 billion by 2033, poised to grow at a compound annual growth rate (CAGR) of 9.1% during the forecast period 2024 to 2033.

U.S. Blood Pressure Monitoring Devices Market Size, 2024 to 2033

U.S. Blood Pressure Monitoring Devices Market Key Takeaways

  • In 2023, aneroid blood pressure monitors dominated the market with a 36.19% share.
  • The digital blood pressure monitors segment is projected to grow at the fastest CAGR of 11.5% from 2024 to 2033.
  • In the US, hospitals and clinics have been the dominant end-users of blood pressure monitors, accounting for around 65.19% of the market share in 2023.
  • The other hand, the homecare segment is expected to grow at the fastest CAGR of 10.9% from 2024 to 2033.

U.S. Blood Pressure Monitoring Devices Market Growth Factors

The market's expansion is primarily driven by technological developments in blood pressure monitors, the increased prevalence of hypertension, and the growing geriatric population.

The growing number of older people globally has resulted in a huge increase in the demand for Blood Pressure Monitoring Devices. According to the United Nations, the number of individuals aged 65 and over is expected to treble to 1.5 billion by 2050. Manufacturers have prioritized the development of novel, user-friendly, and cost-effective blood pressure measurement equipment. In the United States, hypertension affects a large number of people, resulting in heart failure and stroke. 

According to CDC figures, 119.1 million individuals in the country have hypertension, resulting in a high need for Blood Pressure Monitoring Devices. Manufacturers are constantly developing new technologies, such as digital sphygmomanometers, to meet the market's demands. To address the significant prevalence of hypertension among Americans, the Centers for Medicare & Medicaid Services have expanded reimbursement coverage for Ambulatory Blood Pressure Monitoring Devices (ABPM). Currently, ABPM is covered for patients whose in-office blood pressure measurements surpass 140/90 mm Hg on three distinct occasions. To be eligible for Medicare reimbursement, ABPM must last at least 24 hours.

U.S. Blood Pressure Monitoring Devices Market Report Scope

Report Attribute

Details

Market Size in 2024 USD 2.13 Billion
Market Size by 2033 USD 4.66 Billion
Growth Rate From 2024 to 2033 CAGR of 9.1%
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered Product, end-use
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Key Companies Profiled American Diagnostics Corporation; SunTech Medical, Inc ; GE Healthcare, A&D Medical Inc; Kaz Inc.; GF Health Products Inc. Spacelabs Healthcare Inc.; OMRON Healthcare, Inc. Welch Allyn; Briggs Healthcare; Spacelabs Healthcare

 

U.S. Blood Pressure Monitoring Devices Market By Product Insights

In 2023, aneroid blood pressure monitors dominated the market with a 36.19% share. The multifaceted applications of aneroid blood monitors, including easy accessibility, transport, and usage, are driving the growth of this segment. Another advantage of aneroid blood monitors is that they don't contain mercury, making them lightweight and portable. The higher preference for aneroid blood pressure in hospitals across the US is likely to boost the market growth even further. The digital blood pressure monitors segment is projected to grow at the fastest CAGR of 11.5% from 2024 to 2033. This growth is driven by the increasing awareness of cardiovascular diseases, hypertension, and BP monitoring devices among the US population.

U.S. Blood Pressure Monitoring Devices Market  Share, By Product, 2023 (%)

Additionally, the rising use of advanced technology-based Blood Pressure Monitoring Deviceswearables such as apps and mobiles are boosting the growth of this segment. The growth is also fueled by rising R&D activities for manufacturing innovative devices. For example, in January 2023, researchers from the University of California San Diego Jacobs School of Engineering announced the development of a blood pressure monitor that can be connected to a smartphone. This novel monitor is designed to be small, can be operated with one touch, and is more cost-effective than traditional blood monitors.

U.S. Blood Pressure Monitoring Devices Market By End-user Insights

In the US, hospitals and clinics have been the dominant end-users of blood pressure monitors, accounting for around 65.19% of the market share in 2023. This can be attributed to the rising number of hospitalizations among the US population due to chronic diseases, injuries, and other emergencies. Notably, hospitals and clinics are the major consumers of blood pressure monitors as efficient pressure management is essential in a hospital healthcare setting. According to statistics published by the Centers for Disease Control and Prevention, around 48.1% of adults in the US suffer from hypertension, which further drives the demand for blood pressure monitors in hospitals and clinics.

Additionally, as per an article published by Journal of Managed Care and Specialty Pharmacy, rate of re-hospitalization due to heart failure is between 21-23% among the US population, which further emphasizes the importance of efficient pressure management in hospitals and clinics. On the other hand, the homecare segment is expected to grow at the fastest CAGR of 10.9% from 2024 to 2033.

The growth is primarily driven by the increasing popularity of home monitoring devices due to their user-friendly nature, reliability, cost-effectiveness, and reduced healthcare costs. The integration of technological trends such as WI-FI and cloud has further aided the growth of the market. Moreover, reimbursement or coverage policies provided by the US government have played a significant role in boosting the demand for blood pressure monitors in the homecare segment. As a result, the homecare segment is expected to witness significant growth in the coming years.

U.S. Blood Pressure Monitoring Devices Market Recent Developments

  • In January 2024, Nanowear announced the US FDA 510(K) clearance for SimpleSence BP device. SimpleSence BP is a non-invasive, cuffless continuous blood pressure monitor manufactured using AI. This approval would enhance the company’s intellectual property portfolio
  • In January 2023, Valencell announced the launch of a calibration-free, cuff less Blood Pressure Monitoring DevicesSolution to improve the wearables for measuring cardiovascular functions during physical exercise. This novel product is designed to assist individuals in monitoring and managing hypertension by providing an accurate blood pressure measurement from the finger without the need for a cuff or calibration.
  • In September 2022, Garmin Ltd. announced US FDA clearance approval for IndexTM BPM smart blood pressure monitor. Index BPM is a stand-alone device that consists of an integrated display to quickly view measurements and can be operated using Wi-Fi.

Key U.S. Blood Pressure Monitoring Devices Company Insights

Key companies in U.S. Blood Pressure Monitoring Devices market include Allyn, Inc., A&D Medical Inc., SunTech Medical, Inc., American Diagnostics Corporation, GE Healthcare, Kaz Inc., GF Health Products Inc., Spacelabs Healthcare Inc., and

There is intense competition in the U.S. Blood Pressure Monitoring Devices Market. The adoption of competitive strategies such as mergers & acquisitions, strategic alliances, collaborative agreements, and partnerships helps to sustain the competition. The industry growth is directly associated with the rising investments by manufacturers for the development of cost-effective, innovative, and easy-to-use products.

U.S. Blood Pressure Monitoring Devices Market Top Key Companies:

  • American Diagnostics Corporation
  • SunTech Medical, Inc
  • GE Healthcare
  • A&D Medical Inc
  • Kaz Inc.
  • GF Health Products Inc.
  • Spacelabs Healthcare Inc.
  • OMRON Healthcare, Inc.
  • Welch Allyn
  • Briggs Healthcare
  • Spacelabs Healthcare

U.S. Blood Pressure Monitoring Devices Market Report Segmentation

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the U.S. Blood Pressure Monitoring Devices market.

By Aneroid Blood Pressure Monitors

  • Digital Blood Pressure Monitors
  • Ambulatory Blood Pressure Monitors
  • Manufacturing
  • Blood Pressure Transducers
  • Instrument & Accessories

By End-user 

  • Hospitals & Clinics
  • Ambulatory Surgical Centre
  • Homecare

Frequently Asked Questions

The U.S. blood pressure monitoring devices market size was estimated at USD 1.95 billion in 2023 and is expected to be worth around USD 4.66 billion by 2033

The U.S. blood pressure monitoring devices market is growing at a CAGR of 9.1% from 2024 to 2033

Key companies in the U.S. blood pressure monitoring devices market include Allyn, Inc., A&D Medical Inc., SunTech Medical, Inc., American Diagnostics Corporation, GE Healthcare, Kaz Inc., GF Health Products Inc., Spacelabs Healthcare Inc.,

Technological advancements in blood pressure monitors primarily drive the market\'s growth, the increased prevalence of hypertension, and the rising geriatric population.

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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