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The home-care monitoring and diagnostics market has the potential to grow by USD 8.51 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 9.06%.
This home-care monitoring and diagnostics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (SMBG devices, sleep apnea devices, blood pressure and heart rate monitors, and others) and geography (North America, Europe, Asia, and ROW). The home-care monitoring and diagnostics market report also offers information on several market vendors, including Abbott Laboratories, Bioptik Technology Inc., Chembio Diagnostics Inc., F. Hoffmann-La Roche Ltd., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, OMRON Corp., PHC Holdings Corp., and VectraCor Inc. among others.
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The increasing incidence of chronic diseases and rise in the geriatric population are notably driving the home-care monitoring and diagnostics market growth, although factors such as competitive pricing pressure and counterfeit products may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the home-care monitoring and diagnostics industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This home-care monitoring and diagnostics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The vendor landscape of the home-care monitoring and diagnostics market entails successful business strategies deployed by the vendors. The home-care monitoring and diagnostics market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the home-care monitoring and diagnostics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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