The finite element method (FEM) was used in this study for the analysis of the strain distribution of a strain gauge pressure transducer for hydrostatic pressure measurements up to 150 MPa. The pressure transducer, which we investigated, on the basis of 'thick-walled cylindrical vessel' theory has a free steel active element. Pressure is applied to the inside and both open ends of this active element. The symmetrical shape of the transducer and all the design parameters of the active element were selected in such a way as to ensure that a symmetrical stress and strain distribution was obtained even at the maximum working pressure of the transducer. The FEM analysis was conducted by investigating one half of the element in three dimensions. This paper presents the FEM output strain values for the area where the strain gauges were bonded. The validity of those values was established by comparing them with the results obtained from the strain gauge measurements. The relative difference between the two sets of values determined to be lower than 13% of the full scale. The two kinds of measuring elements were made of two different materials; AISI 4340 steel and Invar steel, which work in the hydraulic gauge pressure ranges of up to 150 and 100 MPa respectively. The transducers were calibrated using piston pressure balance. The metrological specifications of a total of eight specimens were evaluated. Although the scope of the study is only an application of the FEM, this evaluation also suggests that this type of transducer can be used with an estimated uncertainty of up to 0.1% of the full scale. However, this uncertainty can be improved by a small modification in design, to reduce the reproducibility and hysteresis errors of the device, which are the main parameters in the evaluation of the uncertainty The results presented in this paper will be helpful for practical static pressure measurements as well as for the appropriate design of this kind of pressure transducer using the FEM.