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South Korea Blood Pressure Monitoring Devices Market Size & Outlook

The blood pressure monitoring devices market in South Korea is expected to reach a projected revenue of US$ 518.2 million by 2030. A compound annual growth rate of 10.7% is expected of South Korea blood pressure monitoring devices market from 2024 to 2030.

Revenue, 2023 (US$M)
$254.7
Forecast, 2030 (US$M)
$518.2
CAGR, 2024 - 2030
10.7%
Report Coverage
South Korea

South Korea blood pressure monitoring devices market, 2018-2030 (US$M)

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South Korea blood pressure monitoring devices market highlights

  • The South Korea blood pressure monitoring devices market generated a revenue of USD 254.7 million in 2023 and is expected to reach USD 518.2 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
  • In terms of segment, aneroid blood pressure monitors was the largest revenue generating product in 2023.
  • Digital Blood Pressure Monitors is the most lucrative product segment registering the fastest growth during the forecast period.


Blood pressure monitoring devices market data book summary

Market revenue in 2023USD 254.7 million
Market revenue in 2030USD 518.2 million
Growth rate10.7% (CAGR from 2023 to 2030)
Largest segmentAneroid blood pressure monitors
Fastest growing segmentDigital Blood Pressure Monitors
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAneroid Blood Pressure Monitors, Digital Blood Pressure Monitors, Ambulatory Blood Pressure Monitors, Blood Pressure Transducers, Instrument & Accessories
Key market players worldwideOMRON Corp, A&D Medical, SunTech Medical, American Diagnostic Sciences, Nokia Oyj, Briggs Healthcare Corp., GE HealthCare Technologies Inc Common Stock, Microlife Corp, Procter & Gamble Co, Spacelabs Healthcare, Koninklijke Philips NV, Hill-Rom, B. Braun, CONTEC, Kaz, Inc., Rossmax International, Biobeat


Other key industry trends

  • In terms of revenue, South Korea accounted for 5.0% of the global blood pressure monitoring devices market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, South Korea blood pressure monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 197.3 million by 2030.

Key Regions: U.S. , UK , Japan , Brazil , UAE

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Blood Pressure Monitoring Devices Market Scope

Blood pressure monitoring devices market segmentation & scope
Product
Vital Sign Monitors
Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Pulse Oximeters
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Heart Rate Monitor (ECG)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Temperature Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Respiratory Rate Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Brain Monitoring (EEG)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Other Vital Sign Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Specialized Monitors
Anesthesia Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Glucose Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Cardiac Rhythm Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Respiratory Monitor
Capnographs
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Spirometers
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fetal Heart Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Prothrombin Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Multi Parameter Monitors (MPM)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Others (Ventilators, Infusion Pumps and others)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Aneroid Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Digital Blood Pressure Monitors
Arm
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Wrist
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fingure
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Ambulatory Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Pressure Transducers
Reusable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Disposable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Instrument & Accessories
Blood Pressure Cuffs
Reusable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Disposable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Others (Bladders, Bulbs and Valves, Manometers)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Portable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fixed
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Pulse Oximeters
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Temperature Monitoring Devices
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Other Vital Sign Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
China
India
Japan
Australia
Thailand
South Korea
Saudi Arabia
South Africa
UAE
Kuwait
Argentina
Brazil
Mexico

Blood Pressure Monitoring Devices Market Companies

Name Profile # Employees HQ Website

South Korea blood pressure monitoring devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood pressure monitoring devices market will help companies and investors design strategic landscapes.


Aneroid blood pressure monitors was the largest segment with a revenue share of 33.57% in 2023. Horizon Databook has segmented the South Korea blood pressure monitoring devices market based on aneroid blood pressure monitors, digital blood pressure monitors, ambulatory blood pressure monitors, blood pressure transducers, instrument & accessories covering the revenue growth of each sub-segment from 2018 to 2030.


Increasing geriatric population and growing incidence of chronic diseases in South Korea are major drivers of the market. For instance, according to the report by Statistics Korea, the number of people aged 65 and older stood at 8.53 Million in 2021. 

Furthermore, increasing healthcare expenditure and favorable government policies for approval of products has encouraged several major players to enter into this market. Moreover, rise in elderly population is expected to drive the blood pressure monitoring devices market further. 

For instance, as per Korea Herald, around 16.5% of the total country population is expected to be aged more than 65. As elder people are more susceptible towards hypertension & cardiovascular disorders, the South Korea blood pressure monitoring devices market is expected to witness considerable growth over the forecast period.

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Target buyers of South Korea blood pressure monitoring devices market databook

  • Our clientele includes a mix of blood pressure monitoring devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea blood pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into South Korea blood pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea blood pressure monitoring devices market size, by product, 2018-2030 (US$M)

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South Korea Blood Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)

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South Korea blood pressure monitoring devices market size, by product, 2018-2030 (US$M)

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