AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Analysis on the $35+ Billion Self-Care Medical Devices Market, 2019-2024 - ResearchAndMarkets.com

November 18, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 18, 2019--

The “Self-Care Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global self-care medical devices market was worth US$ 21.7 Billion in 2018. Looking forward, the market is projected to reach a value of US$ 35.6 Billion by 2024, registering a CAGR of 8.6% during 2019-2024.

Owing to the growing prevalence of chronic and lifestyle diseases, such as cardiovascular diseases (CVD) and diabetes, along with increasing health awareness among consumers, there has been a rise in the demand for devices that can continuously track the physical well-being of patients. Furthermore, consumer awareness regarding the advantages of self-care medical devices and the benefits of keeping a regular check on health irregularities in increasing worldwide. As these devices help in significantly reducing the chances of contracting any severe disease, there has been significant growth in their sales.

Additionally, manufacturers are taking initiatives to produce devices that are portable and can be used by patients of all age groups. Advancements in the wearable technology, coupled with the incorporation of sensors to gauge physiological changes more accurately, are also augmenting the products demand. Increasing geriatric population and rising disposable incomes, along with salient characteristics of these devices such as maintenance of privacy, quick access and timely diagnostic reports, are some of the other factors catalyzing market growth.

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being Johnson & Johnson, Medtronic, Abbott Laboratories, Bayer HealthCare, Koninklijke Philips, General Electric Company, F. Hoffmann-La Roche AG, ResMed, Omron Healthcare, Martifarm, OraSure Technologies, Baxter, B. Braun Melsungen, etc.

Key Questions Answered in This Report

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Self-Care Medical Devices Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Device Type

5.4 Market Breakup by End-user

5.5 Market Breakup by Distribution Channel

5.6 Market Breakup by Region

5.7 Market Forecast

6 Market Breakup by Device Type

6.1 Self-Monitoring of Blood Glucose (SMBG)

6.2 PD

6.3 Sleep Apnea Devices

6.4 Insulin Pumps

6.5 Body Temperature Monitors

6.6 Inhalers

6.7 Pedometers

6.8 Blood Pressure Monitors

6.9 Nebulizers

6.10 Male External Catheters

6.11 Holter Monitors

6.12 Others

7 Market Breakup by End-User

7.1 Geriatric

7.2 Pediatrics

7.3 Adults

7.4 Pregnant Women

7.5 Others

8 Market Breakup by Distribution Channel

8.1 Pharmacies

8.2 Online Stores

8.3 Supermarkets and Hypermarkets

8.4 Others

9 Market Breakup by Region

9.1 North America

9.2 Europe

9.3 Asia Pacific

9.4 Middle East and Africa

9.5 Latin America

10 SWOT Analysis

10.1 Overview

10.2 Strengths

10.3 Weaknesses

10.4 Opportunities

10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

12.1 Overview

12.2 Bargaining Power of Buyers

12.3 Bargaining Power of Suppliers

12.4 Degree of Competition

12.5 Threat of New Entrants

12.6 Threat of Substitutes

13 Price Analysis

13.1 Key Price Indicators

13.2 Price Structure

13.3 Margin Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Johnson & Johnson

14.3.2 Medtronic

14.3.3 Abbott Laboratories

14.3.4 Bayer HealthCare LLC

14.3.5 Koninklijke Philips N.V.

14.3.6 General Electric Company

14.3.7 F. Hoffmann-La Roche AG

14.3.8 ResMed, Inc.

14.3.9 Omron Healthcare

14.3.10 Martifarm

14.3.11 OraSure Technologies

14.3.12 Baxter

14.3.13 B. Braun Melsungen

For more information about this report visit https://www.researchandmarkets.com/r/4huczu

View source version on businesswire.com:https://www.businesswire.com/news/home/20191118005476/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: MANAGED CARE HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/18/2019 09:00 AM/DISC: 11/18/2019 09:01 AM

http://www.businesswire.com/news/home/20191118005476/en