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eHealth Devices Market Size, Share, Top Trends, Growth and Forecast 2021 - 2031
Novel workflow automation approaches are likely to create new opportunities in the eHealth devices market across the forecast period of 2021-2031. The healthcare sector and the proponents of healthcare services are adopting eHealth devices to advance industry-wide gains. Strides in the application of computing technologies in the healthcare sector have generated a groundswell of attention and reaped the benefits for healthcare providers in the eHealth devices market. Furthermore, various innovations in technologies have led eHealth devices to fuel the paradigm of the healthcare industry.
The eHealth devices market can be segmented into blood pressure meters, fever meters, social alarms, care phones, and glucose meters based on type. The blood pressure meters segment is expected to witness significant growth opportunities owing to the increase in the global population suffering from blood pressure.
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The expert team at TMR Research has put forth deep insights into the eHealth devices market based on various parameters such as industrial perspective, competitive analysis, current trends, recent developments, market restraints, and regional dynamics. The detailed analysis helps the stakeholders and CXOs to make proper decisions regarding investments and plan strategies accordingly.
eHealth Devices Market: Competitive Landscape
The R&D investments in eHealth devices have led to novel technologies and innovations. Some of the key benefits are precision in tracking the health of patients. The growing number of service mobile apps for monitoring patient health is likely to boost the growth of the eHealth devices market.
In recent years, healthcare professionals are geared toward leveraging eHealth devices to add value to healthcare services. Subsequently, this has generated astounding opportunities for the key players in the eHealth devices market. Interesting case in point is the internet of things (IoT)-based devices. Further, the IT companies in healthcare are keenly integrating IoT health care devices in their offering to reap significant revenue streams in the eHealth devices market.
Advancements in computational technologies have helped healthcare providers overcome key technical constraints in the tracking of patient health. A new avenue has emerged from eHealth devices in healthcare practice in hospital settings which enhances the safe tracking of patient health. These aspects have supported the growth of the eHealth devices market significantly.
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The key players operating in the eHealth devices market are Doro Ab, Abbot Laboratories, Nokia Corporation, Medtronic Plc., Omron Corp, Apple Inc, and Dexcom Inc.
eHealth Devices Market: Trends and Opportunities
Cutting-edge technologies adopted for mobile health have opened new avenues in the eHealth devices market. Furthermore, the players are focusing on integrating artificial intelligence (AI) with eHealth devices for large-scale production. Healthcare providers are leveraging the safe and secure methods of tracking the health of the patients may bring immense growth to the eHealth devices market.
The key players in the eHealth devices market are exploring the capabilities of AI in population health and patient safety and surveillance.
The rising incidences of chronic ailments among the geriatric population across the globe may generate good revenue for the eHealth devices market. Furthermore, the demand for eHealth devices to track the levels of blood pressure, glucose, fever, and others may bring lucrative growth opportunities for the eHealth devices market during the forecast period of 2021-2031.
Rapid industrialization has led to an increase in industrial recruitments. Furthermore, the working population has a sedentary lifestyle which may create lifestyle-related disorders. Thus, this aspect has increased the demand for eHealth devices across the world.
eHealth Devices Market: Regional Dimensions
North America is anticipated to show substantial growth due to the increase in demand for eHealth devices such as glucose meters and blood pressure meters in this region. The rising incidences of diabetes in this region may bring multiple growth opportunities for the global eHealth devices market.
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