Self-care Medical Devices Market, by Product Type (Blood Glucose Monitors, Blood Pressure Monitors, Temperature Monitors, Holter Monitors, Pregnancy/Fertility Test Kits, Sleep Apnea Monitors, Nebulizers, and Pedometers), by End User (Home Care Settings and Rehabilitation Center), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : Jul 2023

Code : CMI3957

Pages :167

Formats :

Excel and PDF

Industry : Medical Devices

Leading Companies

Global Self-care Medical Devices Market Cross Sectional Analysis:

In the product type segment, blood glucose monitors hold a dominant position in North America due to increasing collaborations among key market players. For instance, in February 2020, Insulet Corporation, manufacturer of medical devices and Abbott, a medical device company announced that they had collaborated to expand Abbott’s product portfolio. Under this collaboration, Abbott’s market-leading Freestyle Libre continuous glucose monitor will be incorporated into Insulet Corporation’s Omnipod Horizon automated delivery system, comprising a wearable insulin pump and software to glucose control.

Global Self-care Medical Devices Market: Key Developments

Increasing acquisition strategies by key market players are expected to propel the growth of the global self-care medical devices market. For instance, on May 17, 2023, i-SENS, Inc., an in vitro diagnostics company, announced the acquisition of AgaMatrix, a U.S.-based blood glucose measuring device manufacturer. Under the acquisition, i-SENS expanded its distribution network for its continuous glucose monitors, which are receiving domestic and foreign product approvals.
Increasing product expansion by key market players are expected to drive the market growth over the forecast period. For instance, in September 2022, Evernorth Health, Inc., a subsidiary of Cigna, a medical device company, announced the expansion of its diabetes program, and other technological resources to its traditional pharmaceutical approaches to help patients in diabetes management. The diabetes care value program includes coverage for continuous glucose monitors under the pharmacy benefit

Global Self-care Medical Devices Market - Key Players

The major players operating in the global self-care medical devices market include 3M, Abbott, Bayer AG, F. Hoffmann-La Roche Ltd, Inc., GE Healthcare, Johnson & Johnson Services, Inc., Medtronic, OMRON Healthcare, Inc., ResMed, Advin Health Care, Koninklijke Philips N.V., NeuroPace, Inc., Natus Medical Incorporated, and Fisher & Paykel Healthcare Limited.