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Home Health Monitoring Device Market Global Trends, Industry Analysis and Forecast to 2031

08-20-2024 03:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Home Health Monitoring Device Market

Home Health Monitoring Device Market

The global home health monitoring device market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing integration of health monitoring technologies with the wearables such as a smartwatch, fit bands, and many others. This factor will fuel the growth of the market during the forecast period.

Today, smartphones and wireless devices play a major role in health monitoring while sitting at the home. It offers various benefits such as cardiac telemetry, ECG recording, remote monitoring systems, blood pressure, and many others. Due to the COVID-19 pandemic, people globally have become aware of personal health and have understood the importance of it, this has lead to the huge demand for the home health monitoring devices such as oxymeter, glucometer, temperature monitoring devices, and many others. This will fuel the demand of the market during the forecast period.

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Some of the key players in the global home health monitoring device market are Abbott Laboratories, Hill-Rom Holdings, Inc., Drägerwerk AG & Co. KGaA, Edwards Lifesciences Corporation, Omron Corporation, and many others. For instance, In July 2020, Medtronic launched Insertable Cardiac Monitor (ICM) after it got approval from US FDA, it will be beneficial to monitor those patients who are suffering from abnormal heart rhythms. The data captured by the device is transfer to MyCareLink Heart Mobile App. Such integration of technology with health devices will fuel the growth of the market significantly during the forecast period.

Full report of Home Health Monitoring Device Market available @ https://www.omrglobal.com/industry-reports/home-health-monitoring-device-market

Market Coverage

Segment Covered-
o By Product

o By End-User

Regions Covered
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape - Abbott Laboratories, Hill-Rom Holdings, Inc., Drägerwerk AG & Co. KGaA, Edwards Lifesciences Corporation, Omron Corp.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Home Health Monitoring Device Market by Segments

By Product

Glucometer
Cardiac Monitoring Devices
Oxymeter
Multi-parameter monitoring devices
Temperature monitoring devices

By End-User

Hospitals
Ambulatory Surgery Centres
Home Care Settings
Others

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/home-health-monitoring-device-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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