Ambulatory Blood Pressure Monitoring Devices Market, By Product (Arm ABPM Devices and Wrist ABPM Devices), By End User (Hospitals, Ambulatory Surgical Centres, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI101019 | Publish Date: April 2024 | No. of Pages: 180

Global Ambulatory Blood Pressure Monitoring Overview

Introduction:

Ambulatory Blood Pressure Monitoring Devices Market was valued at US$ 1.8 billion in 2024 and is projected to grow at a CAGR of 8.7% to reach US$ 3.8 billion by 2034.

Ambulatory blood pressure monitoring (ABPM) devices are helpful testing devices to precisely monitor and record a person's blood pressure. The device measures blood pressure for 24 hrs. and provides valuable diagnostic information. Ambulatory blood pressure monitoring devices contains a small digital blood pressure monitor, connected to the belt around the waist, and is attached to a cuff, which is enfolded around the wrist or arm.  Measuring blood pressure at consistent breaks, helps medical professionals examine blood pressure fluctuation rates throughout the day. According to various studies and research works, 24 hours of ambulatory blood pressure monitoring (ABPM) is more precise than the regular blood pressure measurement method.

The rising prevalence of hypertension cases raises demand for ambulatory blood pressure monitoring devices, which is expected to drive market development. Furthermore, the growing senior population and the number of hypertension patients are driving up demand for portable monitoring equipment, fuelling the BPM market growth. Furthermore, technical advancements in ambulatory blood pressure monitoring devices, like AI assistance, voice recognition, etc., will likely boost demand for the worldwide ABPM device market.

On the contrary, market expansion may be hampered by financial limitations, ignorance, and restricted availability. However, the growing emphasis on customized treatment, remote patient monitoring, and preventative healthcare presents opportunities for market development. Maintaining the market for ABPM devices will require finding the ideal mix between innovation, price, and accessibility.

Introduction - Ambulatory Blood Pressure Monitoring Devices Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Ambulatory Blood Pressure Monitoring Dynamics

Ambulatory Blood Pressure Monitoring Devices Market Key Drivers:

Rise in prevalence of hypertension (HTN)

  • Hypertension (HTN) is a major public health problem in North America, impacting a sizable population. According to a WHO report published in 2023, an estimated 1.28 billion individuals aged 30-79 years have hypertension, with the majority (two-thirds) residing in low- and middle-income countries. Hypertension is a leading cause of early mortality globally, yet an estimated 46% of individuals with hypertension are ignorant of their illness.

The rising prevalence of hypertension and cardiovascular disease increases the need for ambulatory blood pressure monitoring devices as diagnostic, management, and monitoring tools. With increased awareness of the necessity of blood pressure control in preventing cardiovascular problems, there is a greater emphasis on continuous monitoring via ambulatory devices, which is driving expansion.

Rising health awareness

  • The Ambulatory Blood Pressure Monitoring Devices Market is driven primarily by rising health awareness. Rapid industrialization encourages people to leave the countryside and move to cities. People living in cities have greater living standards and are more conscious about digital health and well-being. As a result, there is an increasing demand for blood pressure monitoring devices, health equipment, and gym memberships to live a healthy lifestyle.

Ambulatory Blood Pressure Monitoring Devices Market Restrains:

Expensive ABPM Devices

  • ABPM devices are costly, ranging from hundreds to thousands of dollars, making them out of reach for many people. Furthermore, the cost of essential supplies like as new cuffs and filters might raise the total cost of the devices. This makes buying these gadgets difficult, particularly if they are not covered by insurance.

Global Ambulatory Blood Pressure Monitoring Segmentation

Ambulatory Blood Pressure Monitoring Devices Market is segmented based on Product, End-User and region:

Product Insights:

  • Arm ABPM Devices:

Arm ABPM devices are commonly used in clinical settings because to their great precision and dependability in monitoring blood pressure. These classic cuff-based monitors, worn on the upper arm, are ideal for monitoring patients in hospitals and healthcare centers. Their design enables regular and exact readings, making them critical instruments for diagnosing hypertension and assessing treatment success.

  • Wrist ABPM Devices:

Wrist ABPM devices provide a more convenient and user-friendly alternative since they are small, wearable, and employ sensors on the wrist to monitor blood pressure. These devices are especially useful for ambulatory blood pressure monitoring since they allow patients to continue their regular activities with little disturbance while still collecting reliable blood pressure readings.

Among all the segments mentioned above, the one that dominated the market is the Arm ABPM Devices segment, as they provide patients with more accurate results than the wrist type of ABPM devices. Also, Arm ABPM machines can measure the diastolic and systolic pressures of both arms simultaneously.

End-User Insights:

  • Hospitals:

Hospitals offer comprehensive healthcare infrastructure and qualified medical workers who can perform ambulatory blood pressure monitoring operations. Hospitals frequently serve a varied patient population with various healthcare requirements, including those with hypertension or at risk of cardiovascular disease, necessitating the regular use of ABPM devices for reliable blood pressure monitoring.

  • Ambulatory Surgical Centers:

Ambulatory surgical centers use ABPM devices to monitor patients before and during surgery, particularly those who are at risk for hypertension-related problems.

  • Others:

Others, such as primary care clinics, specialty clinics, and home healthcare settings, also use ABPM devices extensively for routine blood pressure monitoring and management, demonstrating the versatility and widespread applicability of these devices across a variety of healthcare settings.

Among all the segments mentioned above, the one that dominated the market is the Hospital segment. Hospitals provide the required infrastructure and skilled medical staff to execute ambulatory blood pressure monitoring operations correctly and effectively. ABPM devices are used in hospitals for a variety of functions, including diagnostic evaluations, patient monitoring during therapy, and treatment efficacy evaluation.

Regional Insights:

Regional Insights - Ambulatory Blood Pressure Monitoring Devices Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Ambulatory Blood Pressure Monitoring Devices Market Regional Insights

  • North America market is estimated to witness a significantly large revenue share over the forecast period, owing to the increasing incidence of hypertension and other cardiovascular illnesses and the growing demand for home-based monitoring systems. The market is also being driven by increased awareness of the need for preventative healthcare and improved technology availability.
  • Asia Pacific market is estimated to witness the fastest revenue share due to the rising incidence of hypertension and other cardiovascular illnesses in the area. Furthermore, increasing awareness of the significance of regular blood pressure monitoring drives demand for ABPM devices. The expanding senior population in the area is also helping to drive the growth of the ABPM devices market.
  • Europe market finds lucrative opportunities owing to an aging population, increased awareness of hypertension, and the availability of modern technologies. The aging population in Europe is boosting demand for ABPM devices, as elderly people are more likely to develop hypertension.
  • Latin America market is increasing gradually due to the rising demand for home-based monitoring solutions and an increasing number of healthcare providers providing ABPM services. Additionally, the region is experiencing a surge in medical device makers.
  • The Middle East and Africa market is an emerging market owing to the rising incidence of hypertension, increased awareness of the significance of blood pressure monitoring, and the availability of low-cost alternatives to ABPM devices.

Report Scope:

Attribute            

Details

Market Size 2024

US$ 1.8 billion  

Projected Market Size 2034

US$ 3.8 billion

CAGR Growth Rate

8.7%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Arm ABPM Devices and Wrist ABPM Devices.

By End User - Hospitals, Ambulatory Surgical Centres, and Others.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Ambulatory Blood Pressure Monitoring Devices Market report based on Product, End-User and region:

Ambulatory Blood Pressure Monitoring Devices Market, By Product:

  • Arm ABPM Devices
  • Wrist ABPM Devices

Ambulatory Blood Pressure Monitoring Devices Market, By End-User:

  • Hospitals
  • Ambulatory Surgical Centres
  • Others

Ambulatory Blood Pressure Monitoring Devices Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Ambulatory Blood Pressure Monitoring Key Players

The key players operating the Ambulatory Blood Pressure Monitoring Devices Market include Bosch Sohn GmbH u. Co. KG, Spacelabs Healthcare, Inc., Welch Allyn, Inc., Beijing Avantgarde Medical Equipment Company, Ltd., Microlife AG, Schiller AG, Omron Healthcare Company, Ltd., SunTech Medical, Inc., AViTA Corporation, and GE Healthcare.

Global Ambulatory Blood Pressure Monitoring Key Issues Addressed

Recent Development:

  • In May 2021, Biobeat announced the release of their most recent wearable and continuous ambulatory blood pressure monitoring (ABPM) chest monitor. The gadget measures systolic and diastolic blood pressure, heart rate, mean arterial pressure, cardiac output, and systemic vascular resistance.
  • In January 2020, SunTech Medical Inc. joined forces with Valencell Inc., the market leader in exact biometric sensors for wearables to create innovative blood pressure measuring technologies that would improve patient safety. This is intended to broaden the company's product offerings and increase its position in the worldwide market.

Global Ambulatory Blood Pressure Monitoring Company Profile

  • Bosch Sohn GmbH u. Co. KG*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Spacelabs Healthcare, Inc.
  • Welch Allyn, Inc.
  • Beijing Avantgarde Medical Equipment Company, Ltd.
  • Microlife AG
  • Schiller AG
  • Omron Healthcare Company, Ltd.
  • SunTech Medical, Inc.
  • AViTA Corporation
  • GE Healthcare

“*” marked represents similar segmentation in other categories in the respective section.

Global Ambulatory Blood Pressure Monitoring Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet,  By Product
      • Market Snippet, By End-User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysish
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis

Market Segmentation,  By Product, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Arm ABPM Devices
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Wrist ABPM Devices
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By End-User, Forecast Period up to 10 Years, (US$ Bn)

Overview

  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
  • Hospitals
    • Buildings Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ambulatory Surgical Centres
    • Buildings Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Buildings Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn),  By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
  • Europe
    • Market Size and Forecast (US$ Bn),  By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn),  By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn),  By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn),  By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles 
  • Bosch Sohn GmbH u. Co. KG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Spacelabs Healthcare
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Welch Allyn, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Beijing Avantgarde Medical Equipment Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Microlife AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Schiller AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Ambulatory Blood Pressure Monitoring Devices Market report segments the market been segmented on the basis of vehicle type, application, and region.

The growing factors related to the Ambulatory Blood Pressure Monitoring Devices Market growth include the increasing prevalence of hypertension, a rise in the geriatric population, and the growing awareness regarding the importance of monitoring blood pressure. Additionally, the increasing adoption of portable and wireless ambulatory blood pressure monitoring devices is expected to fuel the growth of the market.

North America region is dominating the Ambulatory Blood Pressure Monitoring Devices Market compared to that of other regions.

Key players contributing to the global ambulatory blood pressure monitoring devices market includes Bosch Sohn GmbH u. Co. KG, Spacelabs Healthcare, Inc., Welch Allyn, Inc., Beijing Avantgarde Medical Equipment Company, Ltd., Microlife AG, Schiller AG, Omron Healthcare Company, Ltd., SunTech Medical, Inc., AViTA Corporation, and GE Healthcare, Mortara Instrument, Inc.