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Technavio’s market research analyst predicts that the global self-care devices market will grow at a steady CAGR of approximately 9% during the forecast period. Factors such as public awareness have resulted in the need for self-care devices. Increased knowledge of one’s health condition and the advantages of using devices like insulin pumps and glucose monitors have played a significant role in market demand. Moreover, device manufacturers are focused on offering easy to use and portable devices so that patients can take a more active role in monitoring their health. Additionally, awareness programs by various medical associations will help to increase the market growth of self-care medical devices during the forecast period.
Advances in technology have played a significant role in product innovation and also ease of use. Current market trends show that wearable technology has made it easier for consumers to not only use devices regularly but also monitor their health status. For instance, insulin pumps have changed significantly over the last decade. These pumps help to deliver the right amount of glucose to a diabetic and stop when the threshold is reached. Sensors continually monitor a patient and indicate low blood glucose levels. Such advancements are expected to fuel the growth of the devices market for many health conditions during the forecast period.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Global SMBG devices market
PART 08: Global PD market
PART 09: Global sleep apnea devices market
PART 10: Global insulin pumps market
PART 11: Global body temperature monitors market
PART 12: Global inhalers market
PART 13: Global pedometers market
PART 14: Global blood pressure monitors market
PART 15: Global nebulizers market
PART 16: Global male external catheter market
PART 17: Global Holter monitors market
PART 18: Geographical segmentation
PART 19: Market drivers
PART 20: Impact of drivers
PART 21: Market challenges
PART 22: Impact of drivers and challenges
PART 23: Market trends
PART 24: Vendor landscape
PART 25: Appendix
PART 26: Explore Technavio
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