Wi-Fi Based Smart Blood Pressure Monitoring Devices Market Size (2024 – 2030)

The Global Wi-Fi Based Smart Blood Pressure Monitoring Devices Market was valued at USD 583 million and is projected to reach a market size of USD 876.62 million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 6%.

Earlier blood pressure was monitored using standard devices that required doctors to manually measure the blood pressure of patients. However, with rapid technological advancements digital blood pressure devices emerged that reduced the need for human intervention, and many times it generated inaccurate reports. Therefore, after careful research in medical science and technology, manufacturers of health tech companies introduced wi-fi-based blood pressure monitoring devices that eliminated human intervention and produced automatic, accurate, and faster results of blood pressure levels. Moreover, these monitors also include data storage capabilities that enable healthcare professionals and researchers to gauge potential disease development in the future and devise preventive treatment procedures beforehand. Additionally, trends in integration technologies enabled healthcare professionals and at-home care patients to connect these monitoring devices to smartphone applications for remote monitoring purposes. Furthermore, the future holds positive for the wi-fi-based smart blood pressure monitoring devices in the market, as continuous advancements take place in AI and healthcare analytics.

Key Market Insights:

According to the CDC (Center for Disease Control and Prevention), 695,000 people died in the United States from heart disease in the year 2021.

As per WHO, heart attacks and strokes occur in one-third of people aged under 70 years.

According to NHS England, since the year 2020, more than 220,000 blood pressure monitors have been distributed to patients in England for continuous recording of blood pressure. Additionally, it provides patients the facility to send their reports to their GP via a remote monitoring platform for review purposes.

According to the United States National Health and Nutrition Examination Survey, 70% of adults aged 65 years and below have hypertension.

Wi-Fi-Based Smart Blood Pressure Monitoring Devices Market Drivers:

The increase in cardiovascular diseases has boosted the demand for wi-fi-based smart blood pressure monitoring devices in the market.

Cardiovascular diseases are the prime factor for the increase in blood pressure check-ups among people, as it has become a global health concern. For instance, as per WHO, cardiovascular diseases take 17.9 million lives each year. Moreover, many people perform routine blood pressure check-ups to prevent the development of chronic diseases such as cardiovascular diseases, which include heart attack, coronary artery disease, heart failure, hypertension, and others. Moreover, the major causes of cardiovascular diseases include diabetes, cholesterol, obesity, intake of toxic substances, and a sedentary lifestyle. Therefore, wi-fi-based smart blood pressure monitoring devices have gained momentum in the market, as people smart, fast, and accurate blood pressure monitoring and analysis. Additionally, trends in telehealth and remote patient monitoring have increased the demand for at-home care wi-fi-enabled blood pressure monitoring devices in the market. Further, these devices have reduced the delay in doctor appointments and minimized the need to physically visit clinics for routine check-ups, thus enhancing convenience and flexibility for consumers.

The advent of AI in healthcare has boosted the demand for wi-fi-based smart blood pressure monitoring devices in the market.

AI has made a significant contribution to the healthcare sector and blood pressure monitoring is just one of them, which has made it easier for both healthcare professionals and consumers to automatically obtain heart rate analysis and medication recommendations from AI algorithms. These algorithms are mostly equipped in wi-fi enabled wearables such as smartwatches, pendants, portable cuffs, and others that provide detailed at-home analysis about the heart rate, potential symptoms leading to heart problems, early detection, and treatment recommendations that enable users to seek immediate medical treatment in chronic cases. Moreover, AI helps enhance the remote monitoring capabilities of Wi-Fi blood pressure monitoring devices, as they transfer blood pressure data to doctors and specialists for monitoring patients’ health and guiding them through telehealth platforms. In addition, AI offers integration with electronic medical records to healthcare professionals that enables them to analyze patient’s health history and previous records for further diagnostic and treatment procedures. Furthermore, the user-friendly design of Wi-Fi blood pressure monitoring devices such as voice-enabled blood pressure monitoring and smart app integration is opening several market opportunities for the Wi-Fi smart blood pressure monitoring devices the market.

Wi-Fi-Based Smart Blood Pressure Monitoring Devices Market Restraints and Challenges:

The expensive cost of advanced monitoring devices with advanced features such as AI analysis, data analysis and monitoring, smart battery technology, and others can decline the demand for Wi-Fi-based smart blood pressure monitoring devices in the market.

The availability of duplicate and low-quality monitoring devices can decline consumer demand for Wi-Fi blood pressure monitoring devices, as these can result in faulty or inaccurate results.

Wi-Fi-Based Smart Blood Pressure Monitoring Devices Market Opportunities:

The Wi-Fi-based smart blood pressure monitoring market is witnessing an increased trend in the market due to rising demand from at-home care patients for continuous blood pressure monitoring purposes. Moreover, rising trends in telehealth and increased incorporation of smart technologies such as AI and machine learning are anticipated to develop the market landscape of Wi-Fi blood pressure monitoring devices and enhance its future growth opportunities in the market.

WI-FI BASED SMART BLOOD PRESSURE MONITORING DEVICES MARKET REPORT COVERAGE:

Wi-Fi Based Smart Blood Pressure Monitoring Devices Market Segmentation: By Product

• Wearable Accessories

• Blood Pressure Monitors

In 2022, based on market segmentation by product, blood pressure monitors occupied the highest share of about 36% in the market. Wi-Fi-based blood pressure monitors are increasingly demanded by healthcare professionals and hospitals due to the increased convenience of monitoring and interpreting results. Moreover, these monitors deliver accurate and faster results than the standard ones and also enable healthcare professionals to store patient’s data on a server such as a cloud server. In addition, many of these devices come with integration capabilities that allow users to integrate the device with a mobile application for remote monitoring purposes.

The accessories segment is the fastest-growing segment during the forecast period. These include blood pressure cuffs, wi-fi adapters, smart wearables, and others that help to track and monitor the blood pressure levels of the user. Moreover, the compact structure and flexibility of these devices have increased their popularity among consumers, especially at-home care patients.

Wi-Fi-Based Smart Blood Pressure Monitoring Devices Market Segmentation: By End-User

• At-Home Care

• Hospitals & Clinics

In 2022, based on market segmentation by end-users, hospitals & and clinics occupied the highest share of about 43% in the market. Hospitals & and clinics are the major users of wi-fi-based blood pressure monitoring devices. They require it to perform routine health checkups, continuously monitor the blood pressure of patients, and many times require these devices for performing emergency blood pressure check-ups. In addition, wi-fi-based blood pressure monitoring devices offer rapid delivery of results to healthcare professionals that can prevent the development of chronic diseases such as cardiovascular diseases in patients.

At-home care segment is the fastest-growing during the pandemic. At-home care consumer segment typically includes elderly patients, who require constant health monitoring devices that are less complex and easy to handle. Moreover, wi-fi-based blood pressure monitoring devices enable caregivers of the elderly to efficiently track and monitor the blood pressure levels of the elderly and provide appropriate medication. Moreover, wearables with smartphone app integration are widely used by the at-home care segment, as they enable caregivers and family members of the elderly to remotely monitor their health progress and seek immediate medical assistance if required.

Wi-Fi Based Smart Blood Pressure Monitoring Devices Market Segmentation: By Distribution Channel

• Offline Channel

• Online Channel

In 2022, based on market segmentation by distribution channel, offline channel occupied the highest share of about 28% in the market. These channels include specialty stores, health tech companies, medical and pharmaceutical stores, electronic stores, and others that offer a variety of wi-fi-based blood pressure monitoring devices to consumers, as per their requirements. Moreover, the touch-and-feel mindset of the consumers to purchase electronic products from offline channels to ensure their quality and proper functioning is the main factor driving the sale of wi-fi-based blood pressure monitoring devices from offline channels.

Online channel is the fastest-growing segment during the forecast period. The online channel includes health-tech websites, specialty electronic retailers, online pharmacies, telehealth companies, and others that offer various types of Wi-Fi-based blood pressure monitoring devices in the market. Moreover, convenience in shopping such as product demos, product and price comparison, affordable prices, access to premium products, and faster doorstep delivery is the major factor contributing to the growth of the online segment in the wi-fi-based blood pressure monitoring devices market.

Wi-Fi-Based Smart Blood Pressure Monitoring Devices Market Segmentation: Regional Analysis

• North America

• Europe

• Asia-Pacific

• South America

• Middle-East & Africa

In 2022, based on market segmentation by region, North America occupied the highest share of about 30% of the market. The prevalence of technologically advanced medical devices along with rapid innovations in Wi-Fi technology, and increasing cases of cardiovascular diseases have contributed to the growth of wi-fi-based smart blood pressure monitoring devices in the region.

Asia-Pacific is witnessing the fastest growth during the forecast period. Increasing trends in telehealth and the emergence of various heath-tech startups have contributed to the growth of Wi-Fi-based smart blood pressure monitoring devices in the region.

COVID-19 Impact Analysis on the Wi-Fi-Based Smart Blood Pressure Monitoring Devices Market

The pandemic had a positive impact on the wi-fi-based smart blood pressure monitoring devices market. During the pandemic, there was an increase in demand for Wi-Fi-based smart blood pressure monitoring devices from the healthcare sector for monitoring patients and analyzing their heart rates. Moreover, social distancing measures during the pandemic, induced healthcare professionals to use remote monitoring blood pressure devices that enabled them to monitor patient’s health through a smartphone or tablet. Moreover, at-home care patients such as the elderly increasingly demanded wi-fi-based smart blood pressure wearables such as smartwatches and pendants from e-commerce platforms. Additionally, these devices are equipped with advanced integration capabilities that allow doctors to monitor blood pressure remotely and provide virtual consultation to at-home care patients, thus reducing treatment delays amidst the pandemic.

Key Players:

1. CareSimple

2. OMRON Healthcare

3. Validate BP

4. Qardio Inc

5. Welch Allyn

6. A&D Medical

7. Boso

8. BPL Medical Technologies

9. Viatom

10. Withings

11. Wellue

In May 2022, Vivalink launched a multi-vital blood pressure patch in the market. The product is a wireless patch for remote patient monitoring that captures ECG traces, heart rate, systolic and diastolic blood pressure, and respiratory rate on a single device. Moreover, the wireless network allows for a continuous stream of blood pressure data in the cloud for clinical applications to healthcare professionals.