The rapid advancement in technology and increasing internet penetration significantly contribute to the market of eHealth devices. Furthermore, government initiatives along with private investments plays important role in the market for eHealth devices. Moreover, the increasing number of startups is likely to drive the market for eHealth devices. For instance, Rubi Life is a startup founded by Brigham Young University student Eric Stopper. The MedTech company uses nanotechnology attached to an elastic maternity band to track fetal activity in high-risk pregnancies, including monitoring kick count, fetal heart rate, and position. The monitor can send alerts to an expectant mother’s smartphone in the event of a risk to help prevent stillbirths, premature birth, or other negative pregnancy outcomes.
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According to UnivDatos Market Insights (UMI)’ research report “Global eHealth Devices Market Analysis, 2021”, the eHealth Devices market is projected to grow at a CAGR of ~9% during 2021-27F. Deteriorating health coupled with the rising cost of medical treatment is one of the major reasons of concern across the globe owing to the advancement in medical technology. These factors are driving the worldwide demand for cost-effective healthcare solutions augmenting the growth of the eHealth devices market globally.
Based on type, the market is segmented into blood pressure meters, fever meters, glucose meters, and social alarms. The glucose meter segment generated significant revenue in the global market owing to the increasing number of diabetic patients globally. The total number of people with diabetes is projected to rise to 366 million by 2030.
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Homecare Segment to Witness Robust growth
Based on end-users, the market is segmented into hospitals and clinics, homecare, and diagnostic centers. The home care segment is expected to grab significant market share in the electronic healthcare device market during the forecast period. This is mainly due to the rapidly increasing geriatric population and the rising prevalence of various chronic diseases among them. For instance, as per the WHO, between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. Also, 1 in 6 people in the world will be aged 60 years or over by 2030.
North America to Grab Lion’s Share, and witnessed Explicit Growth
Based on the region, North America dominated the global eHealth Devices market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 owing to the well-established market players and frequent product launches. North America is expected to skyrocket with a CAGR of XX% in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Global eHealth Devices Market Analysis, 2021”.
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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the EHealth Devices Market include Omron Corp., Apple Inc., Medtronic Plc., DexCom, Inc., Nokia Corp., PHC Holdings Corporation, Abbott Laboratories, F. Hoffmann-La Roche AG, Doro AB, and Honeywell lifecare solutions., among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.
“Global eHealth Devices Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for eHealth Devices providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
1. By Type (Blood Pressure Meters, Fever Meters, Glucose Meters, and Social Alarms)
2. By End-users (Hospitals and Clinics, Homecare, and Diagnostic centers)
3. By Region (North America, Europe, Asia-Pacific, Rest of the World)
4. By Company (Omron Corp., Apple Inc., Medtronic Plc., DexCom, Inc., Nokia Corp., PHC Holdings Corporation, Abbott Laboratories, F. Hoffmann-La Roche AG, Doro AB, and Honeywell lifecare solutions., etc.)
Key questions answered in the study:
1. What are the current and future trends of the eHealth Devices industry?
2. How the industry has been evolving in terms of type and end-users?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the eHealth Devices industry?
5. What is the customer orientation, purchase behavior, and expectations from the eHealth Devices firms across various regions?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL eHEALTH DEVICES MARKET COVID-19 IMPACT
6 GLOBAL eHEALTH DEVICES MARKET REVENUE, 2019-2027F
7 MARKET INSIGHTS BY TYPE
8 MARKET INSIGHTS BY END-USERS
9 MARKET INSIGHTS BY REGION
10 eHEALTH DEVICES MARKET DYNAMICS
11 eHEALTH DEVICES MARKET OPPORTUNITIES
12 eHEALTH DEVICES MARKET TRENDS
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY SIDE ANALYSIS
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
17 COMPANY PROFILED
18 DISCLAIMER
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