Isle of Man, November 07, 2022 (GLOBE NEWSWIRE) — Douglas Insights, one of the world’s premier comparison engines, has expanded and updated to include health self-monitoring market opportunities, trends, driving forces, forecasts and limitations. With the comprehensive study provided by Douglas Insights, organizations, industry professionals, market researchers, and analysts can gain in-depth data analytics, market insights, and research data. The study provides a variety of private and public assessments on publisher rating criteria, table of contents, release date and price, which is very useful for both data analysts and market researchers.
Patients can use self-monitoring and easy-to-use medical devices to monitor vital parameters such as blood pressure, sugar levels, heart rates and pulse. These devices are inexpensive and eliminate the need for the patient to visit clinics or hospitals for routine checkups.
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Cardiovascular disease, diabetes, and other chronic diseases have all been on the rise in the past decade or so, and increased health awareness among the general public has led to an increased global demand for self-monitoring devices. Because these self-monitoring devices are convenient and reliable, and can be easily used by people of all ages, they have proven to be very useful in reducing a patient’s chances of developing diseases, as well as aiding in early diagnosis and keeping a record of diseases. The patient’s physical health.
Moreover, advances in technology and the features of self-care devices, along with the increase in people’s income, have increased the demand for these health self-monitoring devices. Other factors that will aid the market growth include the improved and expanding availability of wireless data transmission networks. Wearable self-monitoring devices, such as smart watches and implantable sensors, have improved monitoring of patient health. The market for self-monitoring devices is huge. Manufacturers put a premium on producing quality goods. Increasing expenditures in the healthcare industry, as well as the deteriorating situation of infectious diseases, will drive the growth of self-monitoring devices in the expected time frame and will be the main drivers.
The aging population worldwide has led to an increased demand for self-monitoring devices. The fact that the older generation currently suffers from chronic diseases and requires constant health monitoring has boosted sales of self-monitoring devices. The COVID-19 pandemic has also played an important role in increasing the demand for these devices, as governments have imposed strict regulations on people leaving their homes and visiting hospitals for routine checks and health monitoring. These restrictions have fueled the growth of the health self-monitoring device market and helped penetrate emerging markets.
Market growth will be hampered by factors such as intense competition, high taxes and efficient pricing. Taxes and fees can raise costs and thus have a negative impact on market growth.
The global health self-monitoring market has a large presence of the leading players, as well as a large market of small regional players. According to one report, high blood pressure and diabetes affect a third of the world’s population. To reduce mortality from these and other diseases, it is critical that patients keep self-monitoring devices at home and avoid disease transmission. These devices will go a long way towards helping you monitor and manage your health through the use of this technology.
North America is expected to dominate the worldwide health self-monitoring market in the forecast period, followed by Europe, Asia, Middle East and Africa.
The main players
There are a few major players in the health self-monitoring market. Some of these players include ALPHABET INC. and APPLE INC. and ASUSTEK COMPUTER INC. and BEURER GMBH, CITYZEN SCIENCES, and GARMIN LTD. and HEXOSKIN and HTC CORP. and HUAWEI TECHNOLOGIES CO. LTD. and IHEALTH LAB INC. and LG ELECTRONICS INC. , MEDIATEK INC. , MOTOROLA MOBILITY LLC, NEUROSKY INC. , OVIA HEALTH, POLAR ELECTRO OY, RAZER USA LTD. SAMSUNG ELECTRONICS CO. LTD. SONY CORP. , VALENCELL INC. Xiaomi INC.
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Health Self Monitoring Market Report Coverage
|market size in 2021||$48.7BN|
|Drop market volume in 2028||XX billion dollars|
|biggest market||North Amarica|
|growth engines||Increasing cardiovascular disease, diabetes and other chronic diseases, advances in technology and features of self-care devices, improvement and increased availability of wireless data transmission networks|
|fragmentation||By type (software, electronics) By application (youth 20, 20-30, 30-45, 45-60, 60) By company (Ovia Health, Google, Samsung, Apple, Fitbit, Garmin, Lumo Body Tech, Mayo Clinic, Microsoft)|
|Regional Analysis||North America (US and Canada), Latin America (Brazil, Mexico, Argentina, and the rest of Latin America), Europe (UK, Germany, Italy, France, Spain, Russia, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, ASEAN, and the rest of Asia Pacific), the Middle East ( Gulf Cooperation Council countries, Israel and the rest of the Middle East) and Africa (South Africa, North Africa and Central Africa)|
|Coverage of major companies||Alphabet Inc. and Apple Inc. and Garmin Ltd. and Samsung Electronics Co. Ltd. and Motorola Mobility LLC.|
- electronic devices
According to the application
- Young 20
- 20-30 years old,
- 30-45 years old
- 45-60 years
- age 60
- egg health,
- The Google,
- Lumo Body Tech,
- Mayo Clinic,
Answer the key questions in this report
- Analysis of the impact of COVID 19 on the global health self-monitoring industry.
- What are the current market trends and dynamics in the Health Self-Monitoring Market and the valuable opportunities for emerging players?
- What is driving the health self-monitoring market?
- What are the main challenges of market growth?
- Which sector represents the fastest compound annual growth rate during the forecast period?
- What type of product has the biggest brand and share and why?
- Are low- and middle-income economies investing in the health self-monitoring market?
- Major growth pockets based on regions, types, applications and end users
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, Middle East and Africa?
Unique data points for this report
- Statistics on self-monitoring of health and spending around the world
- Recent trends across different regions in terms of adopting health self-monitoring across industries
- Notable developments taking place in the industry
- Attractive investment offer for sectors as well as geography
- Comparative scenario for all sectors for 2018 (actual) and 2028 (expected)
Chapter 1 Introduction
Study goals and objectives
Reasons for doing this study
What’s new in this report
A source of information
Related search reports
Chapter 2 Summary and Highlights
Health Self-Monitoring Market Highlights
Chapter 3 Market Overview
Digital vs. Analog Monitoring Technologies
versus mobile surveillance technologies
Self-test vs. Self-monitoring
Health vs. Sports and Fitness Monitoring
Classification of home monitoring technologies
Enhanced data processing capabilities
Smart textiles for wearable sensors
Buyers / Payers
Chapter 4 Market Dynamics
Health self-monitoring market drivers
The rapid growth of the elderly in the world
Increased incidence of chronic lifestyle diseases
Technological progress and innovation
Market restrictions for health self-monitoring
Health Self-Monitoring Market Opportunities
The demand for home care monitoring
Raising awareness of health and fitness
Chapter 5 Impact of the COVID-19 Pandemic
Impact of COVID-19 on health self-monitoring
Chapter 6 Health Self-Monitoring Platforms
Samsung Digital Health Initiative
Third-party apps and extensions
Other platforms and developments
Chapter 7 Health Self-Monitoring Peripherals
Types of accessories
Compatible mobile device or computer operating systems
Compatible self-monitoring platforms
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