Global Self-Care Medical Devices Strategic Business Report 2023: Growing Emphasis on Connected Healthcare Bodes Well


Dublin, May 12, 2023 (GLOBE NEWSWIRE) -- The "Self-Care Medical Devices: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Self-Care Medical Devices estimated at US$40.7 Billion in the year 2022, is projected to reach a revised size of US$58.9 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030.

Blood Glucose Monitors, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$34.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Blood Pressure Monitors segment is readjusted to a revised 4.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $11.1 Billion, While China is Forecast to Grow at 8.1% CAGR

The Self-Care Medical Devices market in the U.S. is estimated at US$11.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.8 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 5.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7.9 Billion by the year 2030.

Select Competitors (Total 46 Featured) -

  • Abbott Laboratories
  • Animas Corporation
  • ARKRAY, Inc.
  • B. Braun Melsungen AG
  • Baxter International, Inc.
  • Bioptik Technology, Inc.
  • Coloplast A/S
  • Consort Medical PLC
  • DaVita Healthcare Partners, Inc.
  • DexCom, Inc.
  • Fitbit, Inc.
  • Garmin Ltd.
  • Gerresheimer AG
  • Hollister, Inc.
  • IA Collaborative Holdings, LLC
  • Insulet Corporation
  • Jawbone
  • Johnson & Johnson
  • Medical Components, Inc.
  • Medisana GmbH
  • Medtronic PLC
  • MicroPort Scientific Corporation
  • Midmark Corporation
  • Mortara Instrument, Inc.
  • Nike, Inc.
  • Nipro Corporation
  • Nipro Diagnostics, Inc.
  • Nova Biomedical Corporation
  • NxStage Medical, Inc.
  • Omron Healthcare, Inc.
  • Philips Healthcare
  • QRS Diagnostic
  • Roche Diagnostics (Schweiz) AG
  • RPC Bramlage GmbH
  • Sterimed Medical Devices Pvt., Ltd.
  • Tandem Diabetes Care, Inc.
  • Valeritas, Inc.
  • Welch Allyn, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages196
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$40.7 Billion
Forecasted Market Value (USD) by 2030$58.9 Billion
Compound Annual Growth Rate4.7%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Self-Care Medical Devices Market: Overview & Outlook
  • Self-care Medical Devices - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Growing Emphasis on Connected Healthcare Augurs Well
  • Rise of mHealth Accelerates Market Expansion
  • Self-Monitoring of Blood Glucose Improves Diabetes Control
  • Self-Monitoring Devices Augment Sleep Apnea Treatment
  • Smart Inhalers Seek Role
  • Pedometer Motivate People to Exercise Regularly
  • Benefits of DIY Blood Pressure Monitoring Augment Market
  • Home Use Holter Meters Make a Cut
  • Rising Demand for Male External Catheters

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/n975rx

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Attachment

 
Global Market for Self-Care Medical Devices

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