Cuffless Blood Pressure Monitor Market Size, Trends [2031]
Cuffless Blood Pressure Monitor Market Size, Trends [2031]
Segments - Cuffless Blood Pressure Monitor Market by Type (Finger-based Monitors, Wrist-based Monitors, and Armband-based Monitors), End-user (Hospitals, Home Care Settings, Diagnostic Centers, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :HC-5727
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Report Description
Cuffless Blood Pressure Monitor Market Outlook 2031
The global cuffless blood pressure monitor market size was USD 636.7 Million in 2022 and is likely to reach USD 1,313 Million by 2031, expanding at a CAGR of 10.9% during 2023–2031. The market growth is attributed to the high prevalence of hypertension.
Increasing prevalence of hypertension and other cardiovascular disorders is expected to drive the cuffless blood pressure monitor market. Cuffless BP monitor devices estimate blood pressure indirectly by using principles such as pulse wave analysis, applanation tonometry, pulse transit time, and pulse wave velocity.
These cuffless BP monitors offer an appropriate and non-invasive way to measure BP regularly, which allows individuals to track their readings and quickly identify potential issues.
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According to the Centers for Disease Control and Prevention (CDC) in 2021, nearly half of the adults with hypertension (48.1%, 119.9 million), defined as a systolic blood pressure of more than 130 mmHg or a diastolic blood pressure of more than 80 mmHg, are taking medication for hypertension. Around 1 in 4 adults with hypertension have hypertension under control (22.5%, 27.0 million).
The market report finds that the COVID-19 pandemic fueled the cuffless blood pressure monitor market, owing to the increasing adoption and awareness of digital health. Demand for cuffless BP monitoring devices is increasing, as they provide continuous and non-invasive monitoring of BP levels without the need for a traditional BP cuff.
During the pandemic, demand for these monitoring devices increased, as BP monitors are used at home. However, strict regulations imposed by the government and temporary shutdown of shops and companies during the pandemic hindered the cuffless blood pressure monitor market.
Impact of Artificial Intelligence on Cuffless Blood Pressure Monitor Market
Artificial intelligence (AI) technologies are anticipated to boost the cuffless blood pressure monitor market during the forecast period. AI is used in cuffless BP monitoring to improve accuracy, convenience, and the ability to provide actionable insights for users to manage their cardiovascular health effectively. AI algorithms employed in cuffless BP monitoring offer challenges and opportunities for the development of BP monitoring technologies.
Cuffless Blood Pressure Monitor Market Dynamics
Major Drivers
Increasing popularity of wearable medical devices is expected to boost the cuffless blood pressure monitor market. Wearable medical devices, such as fitness trackers, smartwatches, and activity trackers, allow people to monitor their BP, sleep patterns, physical activity, and other health metrics. Companies are developing smart wearable technologies to monitor BP to cater to the increasing demand for innovative technologies in fitness trackers.
Existing Restraints
High cost of cuffless BP monitors is expected to hamper the cuffless blood pressure monitor market in the coming years. Cuffless BP monitors are new and advanced technology that uses sensors to measure BP without the need for a cuff.
However, they are still in the early stages of development and their production costs are high. The cost of cuffless BP monitors is influenced by several factors, such as features, brands, and accuracy.
Emerging Opportunities
Technological advancements to develop products are expected to create lucrative opportunities for the market players. Several companies are focusing on launching products that help individuals check their BP. For instance,
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In January 2023, Valencell, INC launched its brand product line in the digital health sector, as it focuses on generating solutions for the management of chronic diseases. The company’s first product, which was demonstrated at CES, helps people monitor and manage hypertension by combining an intuitive app with an innovative over-the-counter device to accurately measure BP from the finger without a cuff or calibration.
Scope of Cuffless Blood Pressure Monitor Market Report
The market report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Cuffless Blood Pressure Monitor Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Finger-based Monitors, Wrist-based Monitors, and Armband-based Monitors), and End-user (Hospitals, Home Care Settings, Diagnostic Centers, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
A&D Company; Aktiia SA; Biobeat Technologies; Biospectal; EquateHealth; Fourth Frontier Technologies Private Limited; Healthstats International Pte. Ltd; OMRON Corporation; SOMNOmedics GmbH; and Valencell, INC |
Cuffless Blood Pressure Monitor Market Segment Insights
Type Segment Analysis
Based on type, the cuffless blood pressure monitor market is divided into finger-based monitors, wrist-based monitors, and armband-based monitors. The wrist-based monitors segment is expected to expand at a significant pace during the projection period, as it helps to track blood pressure in daily routines.
The wrist-based BP monitor utilizes algorithms and sensors to measure BP and other vital signs through the wrist. These monitors are becoming popular among fitness athletes, enthusiasts, and those with hypertension. The segment growth is further attributed to the increasing adoption of smartwatches and fitness trackers.
End-user Segment Analysis
On the basis of end-user, the global market is segregated into hospitals, home care settings, diagnostic centers, and others. The hospitals segment is projected to expand at a considerable CAGR during the forecast period, owing to the rising prevalence of hypertension.
Cuffless devices ensure beat-to-beat and non-invasive measurement of BP variability during both waking and sleeping periods, putting patients directly at the center of their care with minimal discomfort. Most outpatient clinics use a cuff to obtain auscultated or automated measurement of BP, which is expected to boost the market.
The home care settings segment is anticipated to account for a major market share in the coming years, due to its cost-efficiency and mobility advantages. A cuffless BP monitor is a suitable option for use at home or while traveling.
Several companies and manufacturers are targeting people who seek to self-monitor BP from their convenience in their homes, as it is efficient, effective, and economical. Healthcare providers and physicians are recommending patients to track their BP at home regularly, which is expected to boost the segment.
Regional Analysis
In terms of region, the global cuffless blood pressure monitor market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, owing to the rising prevalence of high BP or hypertension.
The regional market growth is attributed to the high adoption of wearable health technology and the increasing advantages of self-monitoring BP. Several companies are focusing on developing technologies that help patients check their BP at home, which is expected to boost the market in the region.
The market in Asia Pacific is anticipated to expand at a rapid pace in the coming years, due to the growing investments in healthcare infrastructure, particularly in emerging countries such as India and China.
Increasing investments in the development of advanced healthcare facilities and high demand for innovative technologies and medical devices are expected to boost the market in the region.
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In April 2020, Samsung announced that the Samsung Health Monitor app received approval from South Korea’s Ministry of Food and Drug Safety (MFDS), as Software as a Medical Device (SaMD), making it a government-approved, over-the-counter cuffless BP monitor application. It enables users to measure and track their blood pressure conveniently.
Segments
The global cuffless blood pressure monitor market has been segmented on the basis of
Type
- Finger-based Monitors
- Wrist-based Monitors
- Armband-based Monitors
End-user
- Hospitals
- Home Care Settings
- Diagnostic Centers
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- A&D Company
- Aktiia SA
- Biobeat Technologies
- Biospectal
- EquateHealth
- Fourth Frontier Technologies Private Limited
- Healthstats International Pte. Ltd
- OMRON Corporation
- SOMNOmedics GmbH
- Valencell, INC
Competitive Landscape
Key players competing in the global cuffless blood pressure monitor market are A&D Company; Aktiia SA; Biobeat Technologies; Biospectal; EquateHealth; Fourth Frontier Technologies Private Limited; Healthstats International Pte. Ltd; OMRON Corporation; SOMNOmedics GmbH; and Valencell, INC.
These key players adopt various strategies, including mergers, acquisitions, collaboration, partnerships, product launches, and production expansion to expand their consumer base globally.
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In January 2021 Aktiia SA launched the first 24/7 automated blood pressure monitoring system that easily and comfortably collects data during the day and while sleeping. This groundbreaking medical innovation provides people and their physicians comprehensive insights into blood pressure patterns for diagnosis and management of hypertension.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Cuffless Blood Pressure Monitor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cuffless Blood Pressure Monitor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cuffless Blood Pressure Monitor Market - Supply Chain
4.5. Global Cuffless Blood Pressure Monitor Market Forecast
4.5.1. Cuffless Blood Pressure Monitor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cuffless Blood Pressure Monitor Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Cuffless Blood Pressure Monitor Market Absolute $ Opportunity
5. Global Cuffless Blood Pressure Monitor Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Types
5.3.1. Finger-based Monitors
5.3.2. Wrist-based Monitors
5.3.3. Armband-based Monitors
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Cuffless Blood Pressure Monitor Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Cuffless Blood Pressure Monitor Market Size and Volume Forecast by End Users
6.3.1. Hospitals
6.3.2. Home Care Settings
6.3.3. Diagnostic Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Cuffless Blood Pressure Monitor Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Cuffless Blood Pressure Monitor Demand Share Forecast, 2019-2026
8. North America Cuffless Blood Pressure Monitor Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Types
8.4.1. Finger-based Monitors
8.4.2. Wrist-based Monitors
8.4.3. Armband-based Monitors
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Cuffless Blood Pressure Monitor Market Size and Volume Forecast by End Users
8.7.1. Hospitals
8.7.2. Home Care Settings
8.7.3. Diagnostic Centers
8.7.4. Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Cuffless Blood Pressure Monitor Demand Share Forecast, 2019-2026
9. Latin America Cuffless Blood Pressure Monitor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Types
9.4.1. Finger-based Monitors
9.4.2. Wrist-based Monitors
9.4.3. Armband-based Monitors
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Cuffless Blood Pressure Monitor Market Size and Volume Forecast by End Users
9.7.1. Hospitals
9.7.2. Home Care Settings
9.7.3. Diagnostic Centers
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Cuffless Blood Pressure Monitor Demand Share Forecast, 2019-2026
10. Europe Cuffless Blood Pressure Monitor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Types
10.4.1. Finger-based Monitors
10.4.2. Wrist-based Monitors
10.4.3. Armband-based Monitors
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Cuffless Blood Pressure Monitor Market Size and Volume Forecast by End Users
10.7.1. Hospitals
10.7.2. Home Care Settings
10.7.3. Diagnostic Centers
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Cuffless Blood Pressure Monitor Demand Share Forecast, 2019-2026
11. Asia Pacific Cuffless Blood Pressure Monitor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Types
11.4.1. Finger-based Monitors
11.4.2. Wrist-based Monitors
11.4.3. Armband-based Monitors
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Cuffless Blood Pressure Monitor Market Size and Volume Forecast by End Users
11.7.1. Hospitals
11.7.2. Home Care Settings
11.7.3. Diagnostic Centers
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Cuffless Blood Pressure Monitor Demand Share Forecast, 2019-2026
12. Middle East & Africa Cuffless Blood Pressure Monitor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Cuffless Blood Pressure Monitor Market Size and Volume Forecast by Types
12.4.1. Finger-based Monitors
12.4.2. Wrist-based Monitors
12.4.3. Armband-based Monitors
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Cuffless Blood Pressure Monitor Market Size and Volume Forecast by End Users
12.7.1. Hospitals
12.7.2. Home Care Settings
12.7.3. Diagnostic Centers
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Cuffless Blood Pressure Monitor Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Cuffless Blood Pressure Monitor Market: Market Share Analysis
13.2. Cuffless Blood Pressure Monitor Distributors and Customers
13.3. Cuffless Blood Pressure Monitor Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. A&D Company
13.4.2. Aktiia SA
13.4.3. Biobeat Technologies
13.4.4. Biospectal
13.4.5. EquateHealth
13.4.6. Fourth Frontier Technologies Private Limited
13.4.7. Healthstats International Pte. Ltd
13.4.8. OMRON Corporation
13.4.9. SOMNOmedics GmbH
13.4.10. Valencell, INC
Methodology
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