The latest update of “Global Home-care Monitoring and Diagnostics Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Home-care Monitoring and Diagnostics Market.
Overview of the Home-care Monitoring and Diagnostics Market:
Many benefits of remote patient monitoring may be overlooked. The technology is effective for the monitoring of patients outside of the traditional clinical setting. This allows for more convenient access to care and can be done in the privacy of a home or remote area. Another advantage is that the data can be transmitted to a doctor's office in real time. It is also useful for elderly patients. The data sent from remote patient monitoring systems is sent directly to doctors, which makes the monitoring process more effective. As the number of patients who are undergoing treatment increases, remote patient monitoring can help alleviate some of these problems.
Drivers:
Increasing inclination of patients towards at-home medical care solutions amidst growing prevalence of infectious diseases such as COVID-19 infections is expected to augment growth of the global home-care monitoring and diagnostics market during the forecast period. For instance, in October 2021, the World Health Organization (WHO) reported that about 80% of the elderly population would be living in developing countries by 2050. Furthermore, rising popularity of eHealth platforms combined with the reduced overall expenditure on hospitalization is expected to further cushion the growth of the global home-care monitoring and diagnostics market over the forecast period.
Restraints:
Lack of awareness and poor adoption in developing countries is expected to limit the growth of the global home-care monitoring and diagnostics market.
Regional Insights:
In geographic overview, North America has a commanding position in the global home-care monitoring and diagnostics market on the heels of early adoption of remote patient monitoring solutions and increasing approval of novel products.
Another noteworthy region is Europe, which is sustaining well for the global home-care monitoring and diagnostics market on account of growing geriatric population, increasing involvement of government, and rising expenditure on healthcare services.
Competitive Landscape:
- Major companies contributing to the global home-care monitoring and diagnostics market include Johnson Johnson Inc., F. Hoffmann-La Roche Ltd., Chembio Diagnostics Inc., Bioptik Technology Inc., Abbott Laboratories, VectraCor Inc., PHC Holdings Corp., OMRON Corp., Medtronic Plc., and Koninklijke Philips NV.
- In November 2021, a major health technology provider firm in Netherlands, Royal Philips, acquired a French medical tech firm, Cardiologs, to develop AI-based cardiac diagnostic solutions.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Home-care Monitoring and Diagnostics Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Home-care Monitoring and Diagnostics Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Abbott Laboratories
- Bioptik Technology Inc.
- Chembio Diagnostics Inc.
- F. Hoffmann-La Roche Ltd.
- Johnson Johnson Inc.
- Koninklijke Philips NV
- Medtronic Plc
- OMRON Corp.
- PHC Holdings Corp.
- VectraCor Inc.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Home-care Monitoring and Diagnostics Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Smbg Devices
- Sleep Apnea Devices
- Blood Pressure And Heart Rate Monitors
- And Others
By Applications, the market is segmented into:
- Drug Discovery And Designing
- Clinical Diagnostics
- And Research
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Home-care Monitoring and Diagnostics Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Home-care Monitoring and Diagnostics Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Home-care Monitoring and Diagnostics Market
1.6.1 How the Covid-19 is Affecting the Home-care Monitoring and Diagnostics Market
1.6.1.1 Home-care Monitoring and Diagnostics Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Home-care Monitoring and Diagnostics Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Home-care Monitoring and Diagnostics Market Perspective (2015-2028)
2.2 Home-care Monitoring and Diagnostics Market Growth Trends by Regions
2.2.1 Home-care Monitoring and Diagnostics Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Home-care Monitoring and Diagnostics Market Historic Market Share by Regions (2015-2021)
2.2.3 Home-care Monitoring and Diagnostics Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Home-care Monitoring and Diagnostics Market Growth Strategy
2.3.6 Primary Interviews with Key Home-care Monitoring and Diagnostics Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Home-care Monitoring and Diagnostics Market Players by Market Size
3.1.1 Global Top Home-care Monitoring and Diagnostics Market Players by Revenue (2015-2021)
3.1.2 Global Home-care Monitoring and Diagnostics Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Home-care Monitoring and Diagnostics Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Home-care Monitoring and Diagnostics Market Concentration Ratio
3.2.1 Global Home-care Monitoring and Diagnostics Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Home-care Monitoring and Diagnostics Market Revenue in 2019
3.3 Home-care Monitoring and Diagnostics Market Key Players Head office and Area Served
3.4 Key Players Home-care Monitoring and Diagnostics Market Product Solution and Service
3.5 Date of entering into Home-care Monitoring and Diagnostics Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Home-care Monitoring and Diagnostics Market Historic Market Size by Type (2015-2021)
4.2 Global Home-care Monitoring and Diagnostics Market Forecasted Market Size by Type (2021-2028)
5 Home-care Monitoring and Diagnostics Market Breakdown Data by Application (2015-2028)
5.1 Global Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
5.2 Global Home-care Monitoring and Diagnostics Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Home-care Monitoring and Diagnostics Market Size (2015-2021)
6.2 Home-care Monitoring and Diagnostics Market Key Players in North America (2019-2021)
6.3 North America Home-care Monitoring and Diagnostics Market Size by Type (2015-2021)
6.4 North America Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
7 Europe
7.1 Europe Home-care Monitoring and Diagnostics Market Size (2015-2021)
7.2 Home-care Monitoring and Diagnostics Market Key Players in Europe (2019-2021)
7.3 Europe Home-care Monitoring and Diagnostics Market Size by Type (2015-2021)
7.4 Europe Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
8 China
8.1 China Home-care Monitoring and Diagnostics Market Size (2015-2021)
8.2 Home-care Monitoring and Diagnostics Market Key Players in China (2019-2021)
8.3 China Home-care Monitoring and Diagnostics Market Size by Type (2015-2021)
8.4 China Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
9 Japan
9.1 Japan Home-care Monitoring and Diagnostics Market Size (2015-2021)
9.2 Home-care Monitoring and Diagnostics Market Key Players in Japan (2019-2021)
9.3 Japan Home-care Monitoring and Diagnostics Market Size by Type (2015-2021)
9.4 Japan Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Home-care Monitoring and Diagnostics Market Size (2015-2021)
10.2 Home-care Monitoring and Diagnostics Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Home-care Monitoring and Diagnostics Market Size by Type (2015-2021)
10.4 Southeast Asia Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
11 India
11.1 India Home-care Monitoring and Diagnostics Market Size (2015-2021)
11.2 Home-care Monitoring and Diagnostics Market Key Players in India (2019-2021)
11.3 India Home-care Monitoring and Diagnostics Market Size by Type (2015-2021)
11.4 India Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Home-care Monitoring and Diagnostics Market Size (2015-2021)
12.2 Home-care Monitoring and Diagnostics Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Home-care Monitoring and Diagnostics Market Size by Type (2015-2021)
12.4 Central & South America Home-care Monitoring and Diagnostics Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Home-care Monitoring and Diagnostics Market Introduction
13.4 Home-care Monitoring and Diagnostics Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Home-care Monitoring and Diagnostics Market Key Market Segments
Table 2. Key Players Covered: Ranking by Home-care Monitoring and Diagnostics Market Revenue
Table 3. Ranking of Global Top Home-care Monitoring and Diagnostics Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Home-care Monitoring and Diagnostics Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Home-care Monitoring and Diagnostics Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Home-care Monitoring and Diagnostics Market Players to Combat Covid-19 Impact
Table 10. Global Home-care Monitoring and Diagnostics Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Home-care Monitoring and Diagnostics Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Home-care Monitoring and Diagnostics Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Home-care Monitoring and Diagnostics Market Share by Regions (2015-2021)
Table 14. Global Home-care Monitoring and Diagnostics Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Home-care Monitoring and Diagnostics Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Home-care Monitoring and Diagnostics Market Growth Strategy
Table 20. Main Points Interviewed from Key Home-care Monitoring and Diagnostics Market Players
Table 21. Global Home-care Monitoring and Diagnostics Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Home-care Monitoring and Diagnostics Market Share by Players (2015-2021)
Table 23. Global Top Home-care Monitoring and Diagnostics Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Home-care Monitoring and Diagnostics Market as of 2019)
Table 24. Global Home-care Monitoring and Diagnostics Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Home-care Monitoring and Diagnostics Market Product Solution and Service
Table 27. Date of entering into Home-care Monitoring and Diagnostics Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 30. Global Home-care Monitoring and Diagnostics Market Size Share by Type (2015-2021)
Table 31. Global Home-care Monitoring and Diagnostics Market Revenue Market Share by Type (2021-2028)
Table 31. Global Home-care Monitoring and Diagnostics Market Size Share by Application (2015-2021)
Table 33. Global Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 34. Global Home-care Monitoring and Diagnostics Market Size Share by Application (2021-2028)
Table 35. North America Key Players Home-care Monitoring and Diagnostics Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Home-care Monitoring and Diagnostics Market Share (2019-2021)
Table 37. North America Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 38. North America Home-care Monitoring and Diagnostics Market Share by Type (2015-2021)
Table 39. North America Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 40. North America Home-care Monitoring and Diagnostics Market Share by Application (2015-2021)
Table 41. Europe Key Players Home-care Monitoring and Diagnostics Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Home-care Monitoring and Diagnostics Market Share (2019-2021)
Table 43. Europe Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Home-care Monitoring and Diagnostics Market Share by Type (2015-2021)
Table 45. Europe Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Home-care Monitoring and Diagnostics Market Share by Application (2015-2021)
Table 47. China Key Players Home-care Monitoring and Diagnostics Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Home-care Monitoring and Diagnostics Market Share (2019-2021)
Table 49. China Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 50. China Home-care Monitoring and Diagnostics Market Share by Type (2015-2021)
Table 51. China Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 52. China Home-care Monitoring and Diagnostics Market Share by Application (2015-2021)
Table 53. Japan Key Players Home-care Monitoring and Diagnostics Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Home-care Monitoring and Diagnostics Market Share (2019-2021)
Table 55. Japan Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Home-care Monitoring and Diagnostics Market Share by Type (2015-2021)
Table 57. Japan Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Home-care Monitoring and Diagnostics Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Home-care Monitoring and Diagnostics Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Home-care Monitoring and Diagnostics Market Share (2019-2021)
Table 61. Southeast Asia Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Home-care Monitoring and Diagnostics Market Share by Type (2015-2021)
Table 63. Southeast Asia Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Home-care Monitoring and Diagnostics Market Share by Application (2015-2021)
Table 65. India Key Players Home-care Monitoring and Diagnostics Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Home-care Monitoring and Diagnostics Market Share (2019-2021)
Table 67. India Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 68. India Home-care Monitoring and Diagnostics Market Share by Type (2015-2021)
Table 69. India Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 70. India Home-care Monitoring and Diagnostics Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Home-care Monitoring and Diagnostics Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Home-care Monitoring and Diagnostics Market Share (2019-2021)
Table 73. Central & South America Home-care Monitoring and Diagnostics Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Home-care Monitoring and Diagnostics Market Share by Type (2015-2021)
Table 75. Central & South America Home-care Monitoring and Diagnostics Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Home-care Monitoring and Diagnostics Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Home-care Monitoring and Diagnostics Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Home-care Monitoring and Diagnostics Market Share by Type: 2021 VS 2028
Figure 2. Global Home-care Monitoring and Diagnostics Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Home-care Monitoring and Diagnostics Market Report Years Considered
Figure 8. Global Home-care Monitoring and Diagnostics Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Home-care Monitoring and Diagnostics Market Share by Regions: 2021 VS 2028
Figure 10. Global Home-care Monitoring and Diagnostics Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Home-care Monitoring and Diagnostics Market Share by Players in 2019
Figure 13. Global Top Home-care Monitoring and Diagnostics Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Home-care Monitoring and Diagnostics Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Home-care Monitoring and Diagnostics Market Revenue in 2019
Figure 15. North America Home-care Monitoring and Diagnostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Home-care Monitoring and Diagnostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Home-care Monitoring and Diagnostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Home-care Monitoring and Diagnostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Home-care Monitoring and Diagnostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Home-care Monitoring and Diagnostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Home-care Monitoring and Diagnostics Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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