Self-Care Medical Devices Market Growth, Industry Share, Size, Report 2022-2027

Self-Care Medical Devices Market

Industry Overview:

The latest research report by IMARC Group, titled “Self-Care Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the Self-Care Medical Devices Market Growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global self-care medical devices market size reached US$ 21.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 32.2 Billion by 2027, exhibiting a growth rate (CAGR) of 7.27% during 2022-2027.  

Self-care medical devices refer to equipment that are widely used to monitor the vital parameters of patients in order to maintain a healthy lifestyle. They are integrated with sensors that measure and display physiological information related to blood pressure, heart rate, blood sugar level, and hypertension. The demand for self-care medical devices is increasing across the globe due to the inclination toward home-based healthcare treatments.

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Global Self-Care Medical Devices Market Trends:

The global market is majorly driven by the rising prevalence of chronic diseases among the masses. This can be attributed to the sedentary lifestyles led by individuals, along with the hectic schedules of working professionals. Apart from this, continuous technological advancements leading to the increased adoption of wearable technologies and the integration of artificial intelligence (AI) with self-care medical devices are impacting the market growth favorably.

Other factors, including the growing geriatric population, the inflating disposable income levels of the masses and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market.

Global Self-Care Medical Devices Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

  • Johnson & Johnson (JNJ)
  • Medtronic plc. (MDT)
  • Abbott Laboratories (ABT)
  • Bayer HealthCare LLC (BAYRY)
  • Koninklijke Philips N.V. NY Reg (PHG)
  • General Electric Company (GE)
  • Hoffmann-La Roche AG (RHHBY)
  • ResMed Inc. (RMD)
  • OMRON CORP (OMRNY)
  • Martifarm Ltd.
  • OraSure Technologies, Inc. (OSUR)
  • Baxter International Inc. (BAX)
  • Braun Melsungen

Johnson & Johnson, Medtronic, Abbott Laboratories, Bayer HealthCare, Koninklijke Philips, General Electric Company, F. Hoffmann-La Roche AG, ResMed, Omron Healthcare, Martifarm, OraSure Technologies, Baxter and B. Braun Melsungen, etc.

Key Market Segmentation:

Our report has categorized the market based on device type, end-user and distribution channel.

Device Type:

  • Self-Monitoring of Blood Glucose (SMBG)
  • PD
  • Sleep Apnea Devices
  • Insulin Pumps
  • Body Temperature Monitors
  • Inhalers
  • Pedometers
  • Blood Pressure Monitors
  • Nebulizers
  • Male External Catheters
  • Holter Monitors

End-User:

  • Geriatric
  • Pediatrics
  • Adults
  • Pregnant Women
  • Others

Distribution Channel:

  • Pharmacies
  • Online Stores
  • Supermarkets and Hypermarkets
  • Others

Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Report Coverage:

Report FeaturesDetails
Base Year of the Analysis2021
Historical Period2016-2021
Forecast Period2022-2027
UnitsUS$ Billion
Segment CoverageDevice Type, End-User, Distribution Channel, Region
Region CoveredNorth America, Europe, Asia Pacific, Middle East and Africa, Latin America
Companies CoveredJohnson & Johnson, Medtronic, Abbott Laboratories, Bayer HealthCare, Koninklijke Philips, General Electric Company, F. Hoffmann-La Roche AG, ResMed, Omron Healthcare, Martifarm, OraSure Technologies, Baxter and B. Braun Melsungen
Customization Scope10% Free Customization
Report Price and Purchase OptionSingle User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support10-12 Weeks
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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IMARC Group
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