Self-Care Medical Devices Market Introduction

Self-care medical devices market value is estimated to reach over USD $ 30 billion by 2027 end, registering a CAGR over 8% during the forecast period of 2020-2027.

Self-care medical devices are used by laypersons without the involvement of physicians, which includes nasal sprays, throat lozenges, dental implants and contact lens for eye etc. These devices are helpful in the monitoring of daily blood glucose levels, blood pressure and body temperatures. Currently, various self-care medical devices are available includes smart track devices, wearable devices like wrist watches can measure heartbeat, daily walking distance and also measures the daily sleeping hours etc., the main advantages of devices are cost-effective and reduces the patient burden in terms of a hospital visit for small medical conditions.

An increasing prevalence of chronic diseases has boosted the growth of self-care medical devices market. Self-care medical devices increase patient compliance and improve disease management. The recent advent of technologies led to the development of a smart tract for real-time monitoring of health conditions. Further, increasing awareness of the general population regarding self-care medical devices boosted the growth of the market. Self-care medical devices market is expected to witness a single-digit growth rate during the forecast period. 

The Asia Pacific is expected to create a lucrative market for self-care medical devices manufactures. Along with this, changing lifestyle patterns and growing awareness is expected to create a high growth rate during the forecast period.  North America and Europe Self-Care Medical Devices markets account major share in the global market due to high penetration among the general population. Latin America and Rest of the world market are expected to witness significant growth rate during the forecast period during increasing market player’s presence in these regions.

Major market players include
Medtronic, Depuy Synthes, Fresenius Medical Care, Philips Healthcare, GE Healthcare, Siemens Healthineers, Cardinal Health, Stryker, Koninklijke Philips N.V., Bayer HealthCare LLC, General Electric Company,F. Hoffmann-La Roche AG, Johnson & Johnson, ResMed, Inc., Omron Healthcare, Inc., Martifarm Ltd., OraSure Technologies, Inc.

Self-Care Medical Devices Market Segmentation:

By Type

  • Blood Glucose Monitors
  • Blood Pressure Monitors
  • Body Temperature Monitors
  • Nebulizers
  • Pedometers
  • Pregnancy/Fertility Test Kits
  • Sleep Apnea Monitors
  • Heart Rate Monitors
  • HIV Test Kits
  • Others

By End Users

  • Geriatric
  • Paediatrics
  • Adults
  • Pregnant Women

By Region

  • Europe  
  • North America  
  • APAC  
  • Latin America
  • Rest of World

Competitive Landscape:  

  • Tier 1 players- established companies in the market with a major market share  
  • Tier 2 players 
  • Emerging players which are growing rapidly 
  • New Entrants  

FutureWise Takeaways  

  • Growth prospects  
  • SWOT analysis 
  • Key trends 
  • Key data-points affecting market growth  

Objectives of the Study:

  • To provide with an exhaustive analysis on global self-care medical devices market by type, by end-user and region 
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market  
  • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
  • Profiling of companies to evaluate their market shares, strategies, financials and core competencies


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics