Global Self-Care Medical Device Market
Dublin, September 23, 2022 (GLOBE NEWSWIRE) – The “Self-Care Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to ResearchAndMarkets.com Show.
The global market for self-care medical devices was US$21.0 billion in 2021. Looking ahead, the publisher expects the market to reach US$32.2 billion by 2027, with a CAGR of 7.38% during the period 2021-2027. Keeping in mind the uncertainties related to COVID-19, we are continuously tracking and evaluating the direct and indirect impact of the pandemic. These insights are included in the report as a major contributor to the market.
Self-care medical devices are used to monitor and maintain patients’ vital parameters such as blood sugar level, blood pressure, and heart rate. These devices can be used by patients themselves and do not require the presence of a medical professional. The electrical parameters of medical devices for self-care display physiological information at regular intervals using sensors and other input devices connected to the patient. They provide cost-effective periodic examinations for patients and help in timely diagnosis of the disease.
Due to the increasing prevalence of chronic diseases and lifestyle diseases, such as cardiovascular disease (CVD) and diabetes, along with increased health awareness among consumers, there has been a high demand for devices that can constantly track patients’ physical well-being.
Moreover, consumer awareness regarding the advantages of medical devices for self-care and the benefits of regular monitoring of health violations is growing all over the world. Since these devices help in greatly reducing the chances of catching any serious disease, there has been a significant growth in their sales.
In addition, manufacturers are taking initiatives to produce devices that are portable and can be used by patients of all age groups. Advances in wearable technology, along with incorporating sensors to more accurately measure physiological changes, are also driving demand for products. Increasing elderly population and rising disposable income, along with the outstanding characteristics of these devices such as privacy preservation, quick access and timely diagnostic reports, are some of the other factors spurring the market growth.
The report also analyzed the competitive landscape of the market with some of the major players namely Johnson & Johnson, Medtronic, Abbott Laboratories, Bayer Healthcare, Koninklijke Philips, General Electric, F Hoffmann-La Roche AG, ResMed, Omron Healthcare, Martifarm, OraSure Technologies, Baxter and B. Braun Melsungen, etc.
Key questions answered in this report:
How has the global market for self-care medical devices performed so far and how will it perform in the coming years?
What are the key regional markets in the global Self-Care Medical Devices industry?
What is the impact of COVID-19 on the global Self-Care Medical Devices industry?
What is the market segmentation by device type?
What is market breakup based on end user?
What is the market breakdown based on distribution channel?
What are the different stages in the value chain of the global Self-Care Medical Devices industry?
What are the key factors and challenges driving the global Self-Care Medical Devices industry?
What is the structure of the global Self-Care Medical Devices industry and who are the major players?
What is the degree of competition in the global Self-Care Medical Devices industry?
What are the profit margins in the global Self-Care Medical Devices industry?
Main topics covered:
2 Scope and methodology
3 Executive Summary
4.2 Key industry trends
5 Global Self-Care Medical Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market segmentation by device type
5.5 Market disintegration by the end user
5.6 Market segmentation by distribution channel
5.7 Market segmentation by region
5.8 Market Outlook
6 Market segmentation by device type
6.1 Self-monitoring of blood glucose (SMBG)
6.1.1 Market trends
6.1.2 Market Outlook
6.2.1 Market trends
6.2.2 Market Outlook
6.3 Sleep Apnea Devices
6.3.1 Market trends
6.3.2 Market Outlook
6.4 Insulin pumps
6.4.1 Market trends
6.4.2 Market Outlook
6.5 Body temperature monitoring
6.5.1 Market trends
6.5.2 Market Outlook
6.6.1 Market trends
6.6.2 Market Outlook
6.7.1 Market trends
6.7.2 Market Outlook
6.8 Blood pressure monitors
6.8.1 Market trends
6.8.2 Market Outlook
6.9.1 Market trends
6.9.2 Market Outlook
6.10 Male external catheter
6.10.1 Market trends
6.10.2 Market Outlook
6.11 Holter monitors
6.11.1 Market trends
6.11.2 Market Outlook
6.12.1 Market trends
6.12.2 Market Outlook
7 Market disintegration by the end user
7.1.1 Market trends
7.1.2 Market Outlook
7.2.1 Market trends
7.2.2 Market Outlook
7.3.1 Market trends
7.3.2 Market Outlook
7.4 Pregnant women
7.4.1 Market trends
7.4.2 Market Outlook
7.5.1 Market trends
7.5.2 Market Outlook
8 Market Segmentation by Distribution Channel
8.1.1 Market trends
8.1.2 Market Outlook
8.2 Online Stores
8.2.1 Market trends
8.2.2 Market Outlook
8.3 Supermarkets and hypermarkets
8.3.1 Market trends
8.3.2 Market Outlook
8.4.1 Market trends
8.4.2 Market Outlook
9 Market segmentation by region
10 SWOT Analysis
11 Value Chain Analysis
12 Porter’s Five Forces Analysis
13 Price Analysis
13.1 Key Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Scene
14.1 Market Structure
14.2 The main players
14.3 Features of the main players
14.3.1 Johnson & Johnson
14.3.3 Abbott Laboratories
14.3.4 Bayer Healthcare LLC
14.3.5 Koninklijke Philips NV
14.3.6 General Electric Company
14.3.7 F. Hoffmann-La Roche AG
14.3.8 ResMed, Inc.
14.3.9 Omron Healthcare
14.3.11 OraSure Technologies
14.3.13 B. Braun Melsungen
For more information on this report, visit https://www.researchandmarkets.com/r/y2bhsb
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