Global Self-Care Medical Devices Market Size, Trends & Growth Opportunity, By Type (Blood Glucose Monitors, Blood Pressure Monitors, Body Temperature Monitors, Nebulizers, Pedometers, Pregnancy/Fertility Test Kits, Sleep Apnea Monitors, Heart Rate Monitors, and Others), By End User (Adults, Geriatric, Pediatrics, and Pregnant Women), By Region and Forecast till 2027.
Report ID : IR100669 | Industries : Healthcare | Published On :May 2024 | Page Count : 230
Global Self-Care Medical Devices Market Size, Trends & Growth Opportunity, By Type (Blood Glucose Monitors, Blood Pressure Monitors, Body Temperature Monitors, Nebulizers, Pedometers, Pregnancy/Fertility Test Kits, Sleep Apnea Monitors, Heart Rate Monitors, and Others), By End User (Adults, Geriatric, Pediatrics, and Pregnant Women), By Region and Forecast till 2027.
Global Self-Care Medical Devices Market
Global Self-Care Medical Devices Market was valued at USD 21.14 billion in 2022 and is slated to reach at USD 42.71 billion by 2027 at a CAGR of 8.49% from 2022-2027.
Self care medical devices are developed and designed to monitor and treat regular heath conditions such as hypertension, fever, diabetes, and other. These devices support patients to manage and monitor the illness. Increase in investments in healthcare industry by government and private organizations will fuel the market growth.
Market Drivers
Rise in healthcare awareness as well as rapid growth of infections and chronic diseases like asthma, diabetes, blood pressure, and others are considered as key driving factors which are expected to boost the global self-care medical devices market growth. Furthermore, increase in need for self-care and home based treatments due to hectic work schedule will positively contribute the market growth. Also, self-care devices offer various benefits such as maintenance of privacy, quick access, cost efficiency, and quick results for the diagnosis and treatment which expected to propel the market growth during this forecast period. Furthermore, continuous research and development activities in self care medical devices are anticipated as opportunities to the market during this analysis period.
Market Restraints
However, significant a level of regulations and rules and certain cases of inaccurate tests is the major challenging factor which is expected to hinder the global self-care medical devices market growth during this forecast period.
Impact of COVID-19
The market growth was significantly impacted by COVID-19. This can be related to the growing need to improve both the patient and healthcare professional experience. A competitive advantage was added to the use of connected health systems by the growing need for an agile and inter-professional workforce to deliver team-based care through an empowered front-line personnel utilising technology for higher-value work. The growth of the market will also be aided by ongoing access to health services in convenient and safe ways, particularly in the post-COVID-19 environment.
Recent development
The market has lately seen the entry of continuous glucose monitors (CGMs), whose limits have diminished as the technology has been improved and further developed. The Food and Drug Administration approved the POGO Automatic Blood Glucose Monitoring System (Intuity Medical) for diabetics aged 13 and up in November 2021. In the United States, a new kind of blood sugar monitoring device enables users to test without poking their finger or using test strips in a metre by simply pressing a button.
Terumo Corporation introduced the Dexcom G6 continuous glucose monitoring system in Japan in July 2021. The product is made by the American company Dexcom, Inc., and Terumo is the sole distributor of it in Japan.
Market Segmentation
Global self-Care Medical Devices Market is segmented into type such as Blood Glucose Monitors, Blood Pressure Monitors, Body Temperature Monitors, Nebulizers, Pedometers, Pregnancy/Fertility Test Kits, Sleep Apnea Monitors, Heart Rate Monitors, and Others. Further, market is segmented into end users such as Adults, Geriatric, Pediatrics, and Pregnant Women.
Also, Global self-Care Medical Devices. Regional Analysis Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Market key Players
Various key players are discussed into this report such as GE Healthcare, Bayer, Abbott, Roche, Omron, Medtronic, Philips Healthcare, and 3M Healthcare
Market Taxonomy
By Type
• Blood Glucose Monitors
• Blood Pressure Monitors
• Body Temperature Monitors
• Nebulizers
• Pedometers
• Pregnancy/Fertility Test Kits
• Sleep Apnea Monitors
• Heart Rate Monitors
• Others
By End User
• Adults
• Geriatric
• Pediatrics
• Pregnant Women
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Self-Care Medical Devices Market?
• What will be the growth rate from 2022 to 2027?
• Which have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
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Global Self-Care Medical Devices Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Self-Care Medical Devices Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Self-Care Medical Devices Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Self-Care Medical Devices Market Share Analysis, By Type
5.3 Global Self-Care Medical Devices Market Size and Forecast, By Type
5.3.1 Blood Glucose Monitors
5.3.2 Blood Pressure Monitors
5.3.3 Body Temperature Monitors
5.3.4. Nebulizers
5.3.5. Pedometers
5.3.6. Pregnancy/Fertility Test Kits
5.3.7. Sleep Apnea Monitors
5.3.8. Heart Rate Monitors
5.3.9. Others
6 Global Self-Care Medical Devices Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Self-Care Medical Devices Market Share Analysis, By End User
6.3 Global Self-Care Medical Devices Market Size and Forecast, By End User
6.3.1 Adults
6.3.2 Geriatric
6.3.3 Paediatric
6.3.4 Pregnant Women
7Global Self-Care Medical Devices Market, By Region
7.1 Global Self-Care Medical Devices Market Share Analysis, By Region
7.2 Global Self-Care Medical Devices Market Share Analysis, By Region
7.3 Global Self-Care Medical Devices Market Size and Forecast, By Region
8North America Self-Care Medical Devices Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Self-Care Medical Devices Market Share Analysis, By Type
8.3 North America Self-Care Medical Devices Market Size and Forecast, By End User
8.4 North America Self-Care Medical Devices Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Self-Care Medical Devices Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Self-Care Medical Devices Market Share Analysis, By Type
9.3 Europe Self-Care Medical Devices Market Size and Forecast, By End User
9.4 Europe Self-Care Medical Devices Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Self-Care Medical Devices Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Self-Care Medical Devices Market Share Analysis, By Type
10.3 Asia Pacific Self-Care Medical Devices Market Size and Forecast, By End User
10.4 Asia Pacific Self-Care Medical Devices Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Self-Care Medical Devices Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Self-Care Medical Devices Market Share Analysis, By Type
11.3 Latin America Self-Care Medical Devices Market Size and Forecast, By End User
11.4 Latin America Self-Care Medical Devices Market Size and Forecast, By Country
12Middle East Self-Care Medical Devices Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Self-Care Medical Deices Market Share Analysis, By Type
12.3 Middle East Self-Care Medical Devices Market Size and Forecast, By End User
12.4 Middle East Self-Care Medical Devices Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 GE Healthcare
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Bayer
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Abbott
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Roche
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Omron
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Medtronic
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Philips Healthcare
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 3M Healthcare
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
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