LI_184007
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Mar 2019 | 692 Views
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Self-care medical devices are designed to monitor and treat regular health conditions. General medical conditions such as hypertension, diabetes, fever, and other such conditions require regular monitoring. These devices support patients to monitor and manage the illness.
Increasing healthcare awareness, rapid growth of infections & chronic diseases such as diabetes, asthma, blood pressure, & others, and a rise in the geriatric population primarily drive the self-care medical devices market. The rising need for self-care and home-based treatments due to hectic lifestyles and decrease in doctor visits have increased the market growth.
There are numerous factors for the market growth such as cost-efficiency, maintenance of privacy, quick access, and quick results for the diagnosis and treatment. In addition, increasing investments in healthcare infrastructure by the government and private sector is anticipated to fuel the market growth in developed and developing countries. However, significant levels of government rules & regulations and certain cases of inaccurate test results are the major barriers for the growth of the market. Ongoing R&D in the field of self-care medical devices is anticipated to create new opportunities during the forecast period.
The market is segmented on the basis of type, end-user, and region. Based on type, the market is categorised into blood glucose monitors, blood pressure monitors, body temperature monitors, nebulizers, pedometers, pregnancy/fertility test kits, sleep apnea monitors, heart rate monitors, HIV test kits, and others. Based on end-user, the self-care medical devices market is classified into geriatric, paediatrics, adults, and pregnant women. By region, it has been analysed across North America, Europe, Asia-Pacific, and LAMEA.
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