We present the design of magnetic plethysmograph (MPG) transducers for detection of blood pulse waveform and evaluation of local pulse wave velocity (PWV), for potential use in cuffless blood pressure (BP) monitoring. The sensors utilize a Hall effect magnetic field sensor to capture the blood pulse waveform. A strap based design is performed to enable reliable capture of large number of cardiac cycles with relative ease. The ability of the transducer to consistently detect the blood pulse is verified by in-vivo trials on few volunteers. A duality of such transducers is utilized to capture the local PWV at the carotid artery. The pulse transit time (PTT) between the two detected pulse waveforms, measured along a small section of the carotid artery, was evaluated using automated algorithms to ensure consistency of measurements. The correlation between the measured values of local PWV and BP was also investigated. The developed transducers provide a reliable, easy modality for detecting pulse waveform on superficial arteries. Such transducers, used for measurement of local PWV, could potentially be utilized for cuffless, continuous evaluation of BP at various superficial arterial sites.