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.
Introduction
The U.S. Blood Pressure Monitoring Devices Market is a critical sector within the healthcare industry dedicated to monitoring and managing hypertension and related cardiovascular conditions. Blood pressure monitoring devices play a pivotal role in healthcare settings as well as in home care environments, aiding in the early detection, management, and prevention of cardiovascular diseases.
Growth Factors
Several key factors are driving the growth of the U.S. Blood Pressure Monitoring Devices Market. These include the increasing prevalence of hypertension and related cardiovascular diseases among the U.S. population, rising awareness about the importance of regular blood pressure monitoring, technological advancements leading to the development of innovative and user-friendly monitoring devices, and the growing emphasis on preventive healthcare measures. Additionally, the shift towards home-based monitoring solutions and the integration of digital health technologies are further fueling market expansion.
The U.S. Blood Pressure Monitoring Devices Market is primarily focused within the geographical boundaries of the United States. However, the market dynamics may also be influenced by global trends, technological advancements, and regulatory frameworks that impact the broader healthcare industry.
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 |
The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2024 and 2033. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global US blood pressure monitoring devices market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the xxx market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of US blood pressure monitoring device products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2024 to 2033. It also includes accurate figures for production capacity and production by region during the same period
Recent Developments
- In November 2023, the US Food and Drug Administration (FDA) authorized the Symplicity SpyralTM renal denervation (RDN) system, also referred to as the SymplicityTM blood pressure procedure, for the treatment of hypertension, according to a statement made by Medtronic plc, a pioneer in healthcare technology worldwide. Medtronic will start commercializing as soon as this permission is granted.
- In August 2023, to address health disparities and lower the risk of heart attacks and strokes in underprivileged Detroit neighbourhoods, OMRON Healthcare, a pioneer in global heart health, and EPIC Health, Detroit’s healthcare system dedicated to community-focused healthcare, launched a new partnership. Program participants will have access to VitalSightTM, OMRON’s first remote patient monitoring service created exclusively for people with uncontrolled Stage 2 hypertension and other high blood pressure patients.
Competitive Landscape:
The competitive landscape of the U.S. Blood Pressure Monitoring Devices Market is characterized by the presence of established medical device companies, emerging startups, and innovative technology firms. Key players in the market often compete based on factors such as product quality, reliability, affordability, brand reputation, and technological innovation. Additionally, strategic partnerships, mergers, and acquisitions are common strategies employed by companies to strengthen their market position and expand their product portfolios. Regulatory compliance, including adherence to FDA regulations, also plays a crucial role in shaping the competitive landscape of this market
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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
Segments Covered in the Report
By Product
- Digital Blood Pressure Monitor
- Wrist
- Arm
- Finger
- Sphygmomanometer
- Ambulatory Blood Pressure Monitor
- Instruments & Accessories
- Blood pressure cuffs
- Reusable
- Disposable
- Others
- Blood pressure cuffs
- Transducers
- Reusable
- Disposable
By End User
- Ambulatory Surgical Centers & Clinics
- Hospitals
- Home Healthcare
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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