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Wearable Blood Pressure Monitors Market Expansion Continues, with Forecast Valuation of $3.06 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Wearable Blood Pressure Monitors Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of wearable blood pressure monitors has seen a significant increase in the past few years. It is estimated to rise from $1.53 billion in 2024 to reach $1.74 billion in 2025, marking a compound annual growth rate (CAGR) of 13.7%. The impressive growth during the past years can be ascribed to increased incidents of high blood pressure, greater expenditure in healare, quick strides in technological advancements, and dynamic economic growth in developing markets.
Wearable Blood Pressure Monitors Market Size Forecast: What's the Projected Valuation by 2029?
The market size for wearable blood pressure monitors is predicted to experience quick expansion in the coming years, with projections estimating it to become a $3.06 billion market by 2029, with a compound annual growth rate of 15.2%. This expected growth during the forecast period can be attributed to the increasing demand for remote patient monitoring devices, the rise in acceptance of wireless and wearable technology, the growing older population, and technological advancements. Key trends for the forecast period include seeking opportunities to invest in advanced technologies to withstand intense competition, capitalising on AI to boost revenue and enhance process efficiency, contemplating the use of radar technology in wearable blood pressure monitors for more accurate and continuous readings, considering mergers or collaborations with other companies to enhance product offerings, and expansion of operations.
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What Are the Drivers Transforming the Wearable Blood Pressure Monitors Market?
The wearable blood pressure monitors market is anticipated to be propelled by the surge in demand for patient monitoring tools. The rising incidence of chronic diseases and an increase in surgeries requiring constant monitoring have largely accelerated the demand for these monitoring devices. Furthermore, the trend towards a healthier lifestyle and fitness consciousness has led individuals to monitor their health continuously, acting as a preventative measure and aiding overall well-being improvement. According to a National Wearables Survey by Valencell, a company specialising in wearable technology, two-thirds of consumers possess a wearable device, citing its positive influence on their health. Almost 55% of the survey participants expressed interest in tracking their blood pressure using wearable technology. Hence, the heightened demand for monitoring devices is forecasted to fuel the growth of the wearable blood pressure market.
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What Are the Key Trends Driving Wearable Blood Pressure Monitors Market Growth?
A large majority of wearable technologies for monitoring blood pressure are still either in experimental phases or under research and development. Different wearables for blood pressure monitoring are being investigated by both companies and research scholars. For instance, changes in facial blood vessels are being used to measure blood pressure through smartphone videos. Valencell, a company specializing in health technology, is developing an earbud sensor that detects blood pressure via photoplethysmography. In addition, the Akttia bracelet, an uncuffed technology that utilizes an optical sensor to monitor blood pressure is under the process of validation. As such, increased research and development in this area is likely to create growth potential for the wearable blood pressure market.
Which Segments in the Wearable Blood Pressure Monitors Market Offer the Most Profit Potential?
The wearable blood pressure monitors market covered in this report is segmented -
1) By Product: Wrist Blood Pressure Monitor, Upper Arm Blood Pressure Monitor, Finger Blood Pressure Monitor
2) By Technology: Wi-Fi Based, Bluetooth Based
3) By Application: Hospital, Clinic, Home Care Settings, Other Applications
Subsegments:
1) By Wrist Blood Pressure Monitor: Automatic Wrist Monitors, Manual Wrist Monitors, Bluetooth-Enabled Wrist Monitors
2) By Upper Arm Blood Pressure Monitor: Automatic Upper Arm Monitors, Manual Upper Arm Monitors, Bluetooth-Enabled Upper Arm Monitors
3) By Finger Blood Pressure Monitor: Automatic Finger Monitors, Manual Finger Monitors, Bluetooth-Enabled Finger Monitors
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Which Firms Dominate the Wearable Blood Pressure Monitors Market by Market Share and Revenue in 2025?
Major companies operating in the wearable blood pressure monitors market include Philips, Omron Corporation, Beurer, A&D Company, Withings, iHealth, ChroniSense Medical, Qardio, American Diagnostic Corporation, Koogeek, Transtek, AOEOM, GOQii, Samsung Group, Pebble, ten3T Healare, H2CARE, Living Care India, Riversong Technology Pvt. Ltd., MevoFit, OPTA, Lifesource, BPM connect, iProven, Care Touch, Blipcare, GE Healare, ForaCare Suisse, Xiaomi, Medaval, Smiths Group, Tarilian Laser Technologies, Aktiia, SunTech Medical Inc.
Which Regions Offer the Highest Growth Potential in the Wearable Blood Pressure Monitors Market?
North America was the largest region in the wearable blood pressure monitors market in 2024. Asia-Pacific was the second largest market in the global wearable blood pressure monitors market analysis. The regions covered in the wearable blood pressure monitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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