Market Overview

The Global Home Blood Pressure Monitoring Devices Market was valued at USD 1,410.2 million in 2023 and is expected to reach USD 3,180.3 million by 2031 while growing at a CAGR of 10.7% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global home blood pressure monitoring devices market growth. Home blood pressure monitoring (HBPM) serves as a self-monitoring tool recommended by major guidelines for patients with hypertension. It enhances blood pressure control, aids in diagnosing white-coat hypertension, and predicts cardiovascular risk. Additionally, HBPM is a more affordable and simpler alternative to 24-hour ambulatory blood pressure monitoring (ABPM).

The market is propelled by factors such as the prevalence of hypertension, the shift towards home healthcare, and recommendations by healthcare guidelines. However, hindrances like reliability and accuracy concerns, along with patient compliance and engagement issues, impede the market's growth.

Furthermore, the global home blood pressure monitoring devices industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Home Blood Pressure Monitoring Devices Market is segmented among Upper Arm Monitors, Wrist Monitors, and Accessories, based on Product. In 2023, Wrist Monitors accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Home Blood Pressure Monitoring Devices Market is segmented among Hospital Pharmacies, Online Pharmacies, and Other Distribution Channels, based on Distribution Channel. In 2023, Hospital Pharmacies accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Home Blood Pressure Monitoring Devices Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are American Diagnostic Corporation, Halma plc, A&D Medical, Beurer GmbH, Omron Healthcare, Inc., Qardio, Inc., Spengler SAS, Rossmax International Ltd., Welch Allyn, Inc., and Koninklijke Philips N.V.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Home Blood Pressure Monitoring Devices Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Home Blood Pressure Monitoring Devices Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Home Blood Pressure Monitoring Devices Market Segmentation, By Product

• Global Home Blood Pressure Monitoring Devices Market Share Analysis, By Product

• Global Home Blood Pressure Monitoring Devices Market Growth Analysis, By Product

• Global Home Blood Pressure Monitoring Devices Market Trends, By Product

o Upper Arm Monitors

o Wrist Monitors

o Accessories

6. Global Home Blood Pressure Monitoring Devices Market Segmentation, By Distribution Channel

• Global Home Blood Pressure Monitoring Devices Market Share Analysis, By Distribution Channel

• Global Home Blood Pressure Monitoring Devices Market Growth Analysis, By Distribution Channel

• Global Home Blood Pressure Monitoring Devices Market Trends, By Distribution Channel

o Hospital Pharmacies

o Online Pharmacies

o Other Distribution Channels

7. Global Home Blood Pressure Monitoring Devices Market Segmentation, By Region

• Global Home Blood Pressure Monitoring Devices Market Share Analysis, By Region

• Global Home Blood Pressure Monitoring Devices Market Growth Analysis, By Region

• Global Home Blood Pressure Monitoring Devices Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• American Diagnostic Corporation*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Halma plc

• A&D Medical

• Beurer GmbH

• Omron Healthcare, Inc.

• Qardio, Inc.

• Spengler SAS

• Rossmax International Ltd.

• Welch Allyn, Inc.

• Koninklijke Philips N.V.

*Similar analysis will be provided for each company listed above.