
South and Central America Pressure Monitoring Devices Market Outlook (2022-2033)
No. of Pages: 150 | Report Code: BMIPUB00031876 | Category: Life Sciences
No. of Pages: 150 | Report Code: BMIPUB00031876 | Category: Life Sciences
South and Central America pressure monitoring devices market size is expected to reach US$ 1,071.9 million by 2033 from US$ 746.2 million in 2024. The market is estimated to record a CAGR of 4.5% from 2025 to 2033.
The pressure monitoring devices market in South and Central America is experiencing significant growth driven by rising prevalence of chronic diseases and continuous technological advancements, growing adoption of remote patient monitoring and telehealth solutions, and rising global healthcare expenditure and the increasing focus on preventive care. The region is also experiencing growth in digital health, as the telemedicine market is expected to expand at a very high rate. The rapid growth in telemedicine can be attributed to an expanding internet connectivity, increasing adoption of remote care services, and accelerating technology disrupters. At the same time, more governments are investing in health, implementing regulatory harmonization and process efficiencies. The combination of acute health situation, population shifts and community acceptance of digital and technology solutions, South and Central America has a moving and growing market for pressure monitoring. The region is experiencing an increasing and considerable burden of hypertension and cardiovascular conditions, which are among the leading causes of mortality. The epidemiological shift combined with growing and aging populations creates a continuous demand for effective monitoring solutions.
Key segments that contributed to the derivation of the pressure monitoring devices market analysis are product, application, and end user.
The South and Central America pressure monitoring devices market is segmented into Brazil, Argentina, Peru, Chile, and Colombia. Overall, while traditional devices still dominate the market, the strong and fast trend is towards smart blood pressure monitors with connectivity features. This has been driven largely by access to digital health, especially in the Latin America region, where government and private spending initiatives are resulting in a large proliferation of telemedicine and many digital health systems and infrastructure to improve access to care, especially for remote or underserved areas. The convenience of patients monitoring their own health at home is being embraced by many in the population that appreciates the accessibility of the user-friendly digital devices and apps provided by smartphone. However, issues such as unequal access to healthcare, disparities in digital literacy skills and more reduced reimbursement policies in certain countries will impede full market value opportunities from being realized. Nevertheless, as investments in healthcare continue to grow and awareness of preventive health issues continues to expand, the South and Central American market appears primed for further expansion.
Based on region, the South and Central America pressure monitoring devices market is further segmented into Brazil, Argentina, Peru, Chile, and Colombia. The Brazil held the largest share in 2024.
The Brazil represents the largest and most influential market for pressure monitoring devices within South and Central America, defined by a significant and growing burden of non-communicable diseases (NCOs), a fast-ageing population, and an impressive governmental commitment to digital health transformation and an overall modernisation of the health systems. Argentina is facing a significant burden of NCOs, these diseases accounted for 6 million deaths in the Americas, with NCO mortality experiencing a concerningly slow decline of only 3.2%. movement of 32% since 2010 - (PAHO, NCOs at a Glance 2025, March 2025). Control of hypertension is still poor across the region, with a reported 364% of individuals achieving adequate blood pressure levels as assessed by the standard criterion (<140/90 mmHg); a demand for pressure monitoring devices is also accentuated by the dramatically ageing demographics of Colombia. Colombia's total population, as of June 2025, is expected to be 53.4 million in 2025, with 10% of the population being aged 65 years and over; if this trend continues, elderly population alone will be more than double the total population by 2062.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 746.2 Million |
Market Size by 2033 | US$ 1,071.9 Million |
Global CAGR (2025 - 2033) | 4.5% |
Historical Data | 2022-2023 |
Forecast period | 2025-2033 |
Segments Covered |
By Product
|
Regions and Countries Covered | South and Central America
|
Market leaders and key company profiles |
Medtronic Plc, GE HealthCare Technologies Inc, Koninklijke Philips NV, Omron Healthcare Inc, Baxter International Inc, Becton Dickinson and Co, Abbott Laboratories, Terumo Corp, Integra LifeSciences Holdings Corp, and Dragerwerkag & Co KGaA, are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:
The South and Central America Pressure Monitoring Devices Market is valued at US$ 746.2 Million in 2024, it is projected to reach US$ 1,071.9 Million by 2033.
As per our report South and Central America Pressure Monitoring Devices Market, the market size is valued at US$ 746.2 Million in 2024, projecting it to reach US$ 1,071.9 Million by 2033. This translates to a CAGR of approximately 4.5% during the forecast period.
The South and Central America Pressure Monitoring Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Pressure Monitoring Devices Market report:
The South and Central America Pressure Monitoring Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South and Central America Pressure Monitoring Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South and Central America Pressure Monitoring Devices Market value chain can benefit from the information contained in a comprehensive market report.