A $18.8 Billion Global Opportunity for Self-care Medical Devices by 2026 – New Research from StrategyR

Mon, July 4, 2022 at 2:30 AM·5 min read

SAN FRANCISCO, July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Self-care Medical Devices – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

A $18.8 Billion Global Opportunity for Self-care Medical Devices by 2026 - New Research from StrategyR
A $18.8 Billion Global Opportunity for Self-care Medical Devices by 2026 – New Research from StrategyR


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Edition: 7; Released: January 2022
Executive Pool: 14473
Companies: 46 – Players covered include Abbott Laboratories; Animas Corporation; ARKRAY, Inc.; B. Braun Melsungen AG; Baxter International, Inc.; Bioptik Technology, Inc.; Coloplast A/S; Consort Medical PLC; DaVita Healthcare Partners, Inc.; DexCom, Inc.; Fitbit, Inc.; Garmin Ltd.; Gerresheimer AG; Hollister, Inc.; IA Collaborative Holdings, LLC; Insulet Corporation; Jawbone; Johnson & Johnson; Medical Components, Inc.; Medisana GmbH; Medtronic PLC; MicroPort Scientific Corporation; Midmark Corporation; Mortara Instrument, Inc.; Nike, Inc.; Nipro Corporation; Nipro Diagnostics, Inc.; Nova Biomedical Corporation; NxStage Medical, Inc.; Omron Healthcare, Inc.; Philips Healthcare; QRS Diagnostic; Roche Diagnostics (Schweiz) AG; RPC Bramlage GmbH; Sterimed Medical Devices Pvt., Ltd.; Tandem Diabetes Care, Inc.; Valeritas, Inc.; Welch Allyn, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Blood Pressure Monitors, Holter Monitors, Body Temperature Monitors, Blood Glucose Monitors, Pregnancy/Fertility Test Kits, Pedometers, Sleep Apnea Monitors, Nebulizers)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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Global Self-care Medical Devices Market to Reach $18.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Self-care Medical Devices estimated at US$13.2 Billion, is projected to reach a revised size of US$18.8 Billion by 2026, growing at a CAGR of 5.8% over the analysis period. Blood Pressure Monitors, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$3.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Holter Monitors segment is readjusted to a revised 4.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.8 Billion in 2021, While China is Forecast to Reach $3.9 Billion by 2026
The Self-care Medical Devices market in the U.S. is estimated at US$3.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2026 trailing a CAGR of 9.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Body Temperature Monitors Segment to Reach US$890.4 Million by the year 2026
In the global Body Temperature Monitors segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$494 Million will reach a projected size of US$677 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.