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Wearable Blood Pressure Monitor Market Global Report 2020: COVID-19 Growth and Change

Starting Price : $ 4000.00 | Pages : 150 | Published : June 2020 | SKU CODE : 7511 | Format :


The wearable blood pressure monitors market consists of the sale of wearable blood pressure monitors and related services. The market comprises of revenue generated by business enterprises that manufacture, develop and sell wearable blood pressure monitors. Wearable blood pressure monitors are devices that continuously monitor blood pressure even during activities like exercises, sleep, etc. using technology that is connected to the person`s body. The data is stored and analyzed through an app.

The global wearable blood pressure monitors market is expected to decline from $1.45 billion in 2019 to $1.42 billion in 2020 at a compound annual growth rate (CAGR) of -2.18%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $2.25 billion in 2023 at CAGR of 16.59%.

North America was the largest region in the wearable blood pressure monitors market in 2019. Asia Pacific is expected to be the fastest growing region in the forecast period.

The wearable blood pressure monitors market covered in this report is segmented by product into wrist blood pressure monitor, upper arm blood pressure monitor, finger blood pressure monitor. It is also segmented by technology into Wi-Fi based, Bluetooth-based.

Increased demand for patient monitoring devices is expected to drive the wearable blood pressure monitors market. The increasing prevalence of chronic diseases coupled with rise in surgeries that need continuous monitoring have mainly increased the demand for patient monitoring devices. Additionally, due to the growing awareness of healthy lifestyle and fitness, individuals are interested in continuous monitoring of their health as it acts as a preventive measure, while improving the health condition. The National Wearable Survey report in 2018 by Valencell, a wearable technology company, states that two–third of customers owned a wearable device as they believe that it causes a positive impact on their health. Nearly 55% of the respondents are interested in monitoring their blood pressure, which is an increase from 46% in 2016. Therefore, increased demand for monitoring devices is expected to drive the wearable blood pressure market.

With the increasing use of wearable technologies for healthcare services, the need for evaluating the accuracy and the precision of these health trackers has increased in recent years. Studies showed that the wearable technologies lack accuracy and precision which is likely to impact the market growth. There are growing concerns regarding the accuracy of wearables. Accuracy is very much important for some health conditions such as for hypertension patients using wearable blood pressure monitors as their medications and treatment plan is based on the blood pressure readings. Any wrong reading could be lethal. A study published by the journal Nature in February 2020, investigating sources of inaccuracy in wearable optical heart rate sensors, showed differences in heart rate on lighter skin and darker skin. Differences in readings among different wearable devices, and during rest and active conditions were also noted. Therefore, lack of precision is expected to hinder the growth of the wearable blood pressure monitors market.

Most of the wearable blood pressure monitoring technologies are under either experimental or research and development stage. Companies and researchers are studying different wearable technologies that monitor the blood pressure. For instance, using video from a smartphone to detect blood pressure by the variation in facial blood vessels. Valencell, a health-tech company, is working on an ear bud sensor for detecting the blood pressure using photoplethysmography. Also, Akttia bracelet, a cuff-less technology that uses an optical sensor for monitoring blood pressure is under validation. Therefore, more R&D in this field is expected to provide growth opportunities for wearable blood pressure market.

In April 16, Medopad, a digital health company that was renamed to Huma, has acquired two artificial intelligence (AI) and wearable technology businesses in the UK, BioBeats and Tarilian Laser Technologies (TLT). The acquisition is to expand Huma’s digital biomarker expertise, enabling it to incorporate mental and cardiovascular health data through its platform. Tarilian Laser Technologies is a United Kingdom-based digital health start-up manufacturing and developing wearable blood pressure monitors.

Major players in the market are Blipcare, GE Healthcare, ForaCare Suisse, Omron, Xiaomi, Philips, Medaval, Qardio, Smiths Group.

The major players in the global wearable blood pressure monitor market are Blipcare, GE Healthcare, ForaCare Suisse, Omron, Xiaomi, Philips, Medaval, Qardio, Smiths Group, Tarilian Laser Technologies

The countries covered in the global wearable blood pressure monitor market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA

The global wearable blood pressure monitor market 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

    1. Executive Summary

    2. Wearable Blood Pressure Monitor Market Characteristics

    3. Wearable Blood Pressure Monitor Market Size And Growth

    3.1. Global Wearable Blood Pressure Monitor Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Wearable Blood Pressure Monitor Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Wearable Blood Pressure Monitor Market Segmentation

    4.1. Global Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Wrist Blood Pressure Monitor

    Upper arm Blood Pressure Monitor

    Finger Blood Pressure Monitor

    4.2. Global Wearable Blood Pressure Monitor Market, Segmentation By Technology, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Wi-Fi Based

    Bluetooth Based

    5. Wearable Blood Pressure Monitor Market Regional And Country Analysis

    5.1. Global Wearable Blood Pressure Monitor Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Wearable Blood Pressure Monitor Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Wearable Blood Pressure Monitor Market

    6.1. Asia-Pacific Wearable Blood Pressure Monitor Market Overview

    6.2. Asia-Pacific Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Wearable Blood Pressure Monitor Market

    7.1. China Wearable Blood Pressure Monitor Market Overview

    7.2. China Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    8. India Wearable Blood Pressure Monitor Market

    8.1. India Wearable Blood Pressure Monitor Market Overview

    8.2. India Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Wearable Blood Pressure Monitor Market

    9.1. Japan Wearable Blood Pressure Monitor Market Overview

    9.2. Japan Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Wearable Blood Pressure Monitor Market

    10.1. Australia Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Wearable Blood Pressure Monitor Market

    11.1. Indonesia Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Wearable Blood Pressure Monitor Market

    12.1. South Korea Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Wearable Blood Pressure Monitor Market

    13.1. Western Europe Wearable Blood Pressure Monitor Market Overview

    13.2. Western Europe Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Wearable Blood Pressure Monitor Market

    14.1. UK Wearable Blood Pressure Monitor Market Overview

    14.2. UK Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Wearable Blood Pressure Monitor Market

    15.1. Germany Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Wearable Blood Pressure Monitor Market

    16.3. France Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Wearable Blood Pressure Monitor Market

    17.1. Eastern Europe Wearable Blood Pressure Monitor Market Overview

    17.2. Eastern Europe Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Wearable Blood Pressure Monitor Market

    18.1. Russia Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Wearable Blood Pressure Monitor Market

    19.1. North America Wearable Blood Pressure Monitor Market Overview

    19.2. North America Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Wearable Blood Pressure Monitor Market

    20.1. USA Wearable Blood Pressure Monitor Market Overview

    20.2. USA Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Wearable Blood Pressure Monitor Market

    21.1. South America Wearable Blood Pressure Monitor Market Overview

    21.2. South America Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Wearable Blood Pressure Monitor Market

    22.1. Brazil Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Wearable Blood Pressure Monitor Market

    23.1. Middle East Wearable Blood Pressure Monitor Market Overview

    23.2. Middle East Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Wearable Blood Pressure Monitor Market

    24.1. Africa Wearable Blood Pressure Monitor Market Overview

    24.2. Africa Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Wearable Blood Pressure Monitor Market Competitive Landscape And Company Profiles

    25.1. Wearable Blood Pressure Monitor Market Competitive Landscape

    25.2. Wearable Blood Pressure Monitor Market Company Profiles

    25.2.1. Blipcare

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. GE Healthcare

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. ForaCare Suisse

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Omron

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Xiaomi

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Wearable Blood Pressure Monitor Market

    27. Wearable Blood Pressure Monitor Market Trends And Strategies

    28. Wearable Blood Pressure Monitor Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Wearable Blood Pressure Monitor Market, Segmentation By Technology, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Wearable Blood Pressure Monitor Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Wearable Blood Pressure Monitor Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: China, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: India, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Japan, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Australia, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Indonesia, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: South Korea, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Western Europe, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: UK, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Germany, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: France, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Russia, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: North America, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: USA, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: South America, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Brazil, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Middle East, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Africa, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Blipcare Financial Performance
  • Table 27: GE Healthcare Financial Performance
  • Table 28: ForaCare Suisse Financial Performance
  • Table 29: Omron Financial Performance
  • Table 30: Xiaomi Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Wearable Blood Pressure Monitor Market, Segmentation By Technology, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Wearable Blood Pressure Monitor Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Wearable Blood Pressure Monitor Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: China, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: India, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Japan, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Australia, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: South Korea, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: UK, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Germany, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: France, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Russia, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: North America, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: USA, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: South America, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Brazil, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Middle East, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Africa, Wearable Blood Pressure Monitor Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Blipcare Financial Performance
  • Figure 27: GE Healthcare Financial Performance
  • Figure 28: ForaCare Suisse Financial Performance
  • Figure 29: Omron Financial Performance
  • Figure 30: Xiaomi Financial Performance
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