Monitoring of clinical parameters is primarily intended to detect and quantify changes as well as absence of changes in the clinical status of a particular individual. Human health is one of the increasing public concerns across majority of the countries worldwide. Various sensors and new-edge technologies enabled in the medical devices today is helpful in assisting patients to keep a track of various health parameters at home that include glucose monitoring, hemoglobin monitoring, vitamin D monitoring and cholesterol monitoring.
MARKET DYNAMICS
The health parameter monitoring devices market is driving due to the factors such as increasing awareness among general populace with respect to self health care and regular health monitoring as well as new product development and R&D by market players for development of accurate monitoring and diagnostic devices. In addition, development and launch of new and innovative products are likely to offer growth opportunities for market players.
MARKET SCOPE
The "Elderly And Disabled Assistive Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of health parameter monitoring devices market with detailed market segmentation by type and end user. The health parameter monitoring devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in health parameter monitoring devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The health parameter monitoring devices market is segmented on the basis of type and end user. Based on type, the market is segmented as glucose monitoring devices, hemoglobin-monitoring devices, cholesterol monitoring devices, and vitamin-D testing devices. On the basis of end user, the market is segmented into hospitals, diagnostic and testing centers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the health parameter monitoring devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The health parameter monitoring devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting health parameter monitoring devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the health parameter monitoring devices market in these regions.
MARKET PLAYERS
The report covers key developments in the health parameter monitoring devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from health parameter monitoring devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for health parameter monitoring devices in the global market. Below mentioned is the list of few companies engaged in the health parameter monitoring devices market.
The report also includes the profiles of key players in health parameter monitoring devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Bayer
- Medtronic
- Abbott
- Abaxix, Inc.
- Johnson and Johnson Services, Inc.
- AccuTech LLC
- F. Hoffmann-La Roche Ltd
- Sekisui Diagnostics
- Bio-Rad Laboratories, Inc.
- DiaSorin
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