In order to beat any long-time disease, timely diagnosis and correct monitoring is required. Though in certain cases timely diagnosis and monitoring is difficult and this is where home-care monitoring and diagnosis device play a huge role. Home health monitoring is done mainly with the help of the information technology and telecommunications to monitor the patients’ health in their homes. Without having a need to visit hospitals, patients can easily monitor and measure key signs, like blood pressure, blood glucose level, pulse, oxygen level and other vital stats with the help of the medical devices. Devices like heart rate monitors, blood glucose level indicators, and nebulizers are witnessing a massive rise in the demand from people of all ages. Owing to multiple factors, the global home-care monitoring and diagnostics market is growing at a rapid rate.
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The number of people suffering chronic diseases is going up rapidly and this helps the global home-care monitoring and diagnostics market grow aggressively. Along with this, declining readmission rates in emergency wards or ERs in the hospitals is driving the growth of this market. Meanwhile, the progress that is being made by the global home-care monitoring and diagnostics market will be hindered due to challenges that are linked to the designing of medical devices used in home-care monitoring and diagnostics. On the other hand, the global home-care monitoring and diagnostics market is forecasted to witness humungous growth over the period of next few years due to rising awareness among people to connect with medical experts and physician with the help of technology is must if they are suffering from any chronic disease.
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Global Home-Care Monitoring and Diagnostics Market Report Findings:
- On the basis of the application, the global home-care monitoring and diagnostics market is divided into elderly, disabled, chronically ill patients and others. While the chronically ill patients are finding a great relief with the help of these devices, and account for larger chunk of money made by this market, on the other hand, elderly people are using devices for monitoring blood pressure and blood glucose levels.
- The region of Asia Pacific is forecasted to mint maximum amount of money for the global home-care monitoring and diagnostics market at the fastest speed. Rising number of chronic illnesses in people, specifically youngsters due to growing influence of western culture is why the demand for home-care monitoring and diagnostics devices is skyrocketing. Along with growing technological growth in the countries like South Korea, China and India also contributed to the progress made by this market.
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Some of the players operating in the global home-care monitoring and diagnostics market are:
- Abbott Diagnostics
- Althea Group
- Bioptik Technology
- Chongqing Haray International Business
- Comarch SA.
- General Electric Company
- Johnson & Johnson
- Koninklijke Philips N.V.
- Omron Healthcare
- Roche Diagnostics
- Other Market Participants
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Global Home-Care Monitoring and Diagnostics Market:
- Wearable heart monitors
- Home Respiratory Therapy Equipment and Insulin Delivery Devices
- Home IV Pumps and Mobility solutions
- Apnea & Sleep Monitors
- Anticoagulation testing device and Electrocardiography (ECG) devices
- Medication monitoring and Pulse Oximeter
- Blood pressure monitor and Glucose monitors
- Skin patches, shoes and belts
- Maternity care trackers
- Central patient monitoring systems
- Mobile patent monitoring solutions
- IT Infrastructure
- Chronically ill patients
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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