Welcome!

News Feed Item

Self-Care Medical Devices Market Expected to Reach USD 16.9 Billion Globally in 2019: Transparency Market Research

ALBANY, New York, January 7, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research, "Self-Care Medical Devices Market (Blood Pressure Monitors, Heart Rate Monitors, Body Temperature Monitors, Blood Glucose Monitors, Pregnancy/Fertility Test Kits, Pedometers, Sleep Apnea Monitors and Nebulizers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (Value and Volume),2013 - 2019", the global self-care medical devices market was valued at USD 10.5billion in 2012 and is estimated to reach a market worth of USD 16.9 billion in 2019growing at a CAGR of 7.0% from 2013 to 2019.

Browse the full report with complete TOC at http://www.transparencymarketresearch.com/self-care-medical-devices.html

Healthcare is moving towards a precision based model of personal care. Self-care medical devices play a major role in providing personal care that will ultimately help the patients or individuals to manage episodic acute and chronic illnesses. Increasing patient population coupled with rising awareness of lifestyle disorders and rapid technological developments in medical devices have accentuated the growth of the self-care medical devices market globally. There is a rise in demand for self-medication and home-based treatment as more number of patients opt for diagnosis and treatment of specific diseases at their own comfort (home).Chronic conditions such as diabetes, asthma, blood pressure and other respiratory and cardiovascular diseases require continuous and regular lifelong monitoring. Rise in the number of people diagnosed with such diseases drives the demand for self-care medical devices. It is estimated that around 220 million people are affected by chronic diseases and approximately 85% of them require home healthcare services for monitoring on a regular basis. Thus, self-care medical devices are witnessing fast adoption by consumers, to measure parameters on a regular basis and also cut down medical costs and save time.

Self-care is a primary form of care for various chronic diseases namely diabetes, blood pressure, cardiovascular and others. It is referred to as an action that contributes in maintaining personal health with the use of various self-monitoring devices. The market for self-care medical devices is segmented as blood glucose monitors, blood pressure monitors, temperature monitors, Holter monitors, pregnancy/fertility test kits, sleep apnea monitors, nebulizers and pedometers. Self-care devices are used as primary care devices by patients, causing a shift in mode of treatment from hospital to home based healthcare. Factors such as rise in obese population, and increase in incidence rate of chronic diseases such as hypertension and diabetes are propelling the growth of the self-care medical devices market.

The North American region accounted for the largest market share of over 40% in 2012and is expected to dominate the market during the forecast period. Increasing incidence of cardiovascular and respiratory diseases are the major driving factors for the growth of self-care medical devices market in the North American region. Additionally, sedentary lifestyle, poor dietary habits, and development of new technologies prove to be a stimulus for market growth in the North American region. The Asia-Pacific region is expected to grow at the highest CAGR of 9.9% from 2013 to 2019, due to rise in geriatric population, changing lifestyles and rising stress levels. Also, a large patient pool suffering from diabetes, hypertension, stroke, respiratory and cardiovascular diseases, requiring continuous monitoring and care will also accentuate the uptake of self-care medical devices.

The self-care medical devices market is presently witnessing intense competition among the key market players. To gain a significant market share, manufacturers are introducing cost effective, portable, easy to use and innovative self-care medical products. The global self-care medical devices market includes major companies, namely Roche, Philips Healthcare, Omron Healthcare, GE Healthcare, Johnson and Johnson, Medtronic, Inc., ResMed Inc., among others.

Related & Recently Published Reports by Transparency Market Research

The global self-care medical devices market is segmented as follows:

  • Self-Care Medical Devices Market, by Segments

    - Blood Glucose Monitors

    - Blood Pressure Monitors

    - Body Temperature Monitors

    - Heart Rate Monitors

    - Pregnancy/Fertility Test Kits

    - Sleep Apnea Monitors

    - Nebulizers

    - Pedometers

  • Self-Care Medical Devices Market, by Geography

    - North America

    - Europe

    - Asia-Pacific

    - Rest of the World (RoW)

Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Web: http://www.transparencymarketresearch.com/
Blog: http://www.tmrblog.com/
Blog: http://www.culrav.org/pr/author/tmrrelease

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
SYS-CON Events announced today that Carbonite will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Carbonite protects your entire IT footprint with the right level of protection for each workload, ensuring lower costs and dependable solutions with DoubleTake and Evault.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
One of the biggest challenges with adopting a DevOps mentality is: new applications are easily adapted to cloud-native, microservice-based, or containerized architectures - they can be built for them - but old applications need complex refactoring. On the other hand, these new technologies can require relearning or adapting new, oftentimes more complex, methodologies and tools to be ready for production. In his general session at @DevOpsSummit at 20th Cloud Expo, Chris Brown, Solutions Marketi...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...