Self-care Medical Devices Market to Reach $36.5B by 2031, Driven by Chronic Disease Burden, Aging Population & AI Integration | ResMed, OMRON Healthcare, Baxter, Medtronic, Abbott, Bayer

The Self-Care Medical Devices Market was valued at US$ 23.5 billion in 2023 and is projected to reach US$ 36.5 billion by 2031, growing at a CAGR of 5.7% between 2024 and 2031.

The Self-care Medical Devices Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

Download your exclusive sample report today: (corporate email gets priority access): https://datamintelligence.com/download-sample/self-care-medical-devices-market?sg

Key Market Drivers:

✅ Rising Burden of Chronic Diseases
Increasing prevalence of diabetes, cardiovascular disorders, respiratory diseases, and hypertension is boosting demand for devices like glucose monitors, blood pressure monitors, and pulse oximeters.

✅ Aging Global Population
Older adults require continuous health monitoring, which is accelerating the adoption of portable and user-friendly self-care devices.

✅ Shift Towards Preventive Healthcare
Consumers are increasingly focusing on early detection and wellness, leading to higher usage of fitness trackers, wearable monitors, and diagnostic kits.

✅ Technological Advancements
Integration of AI, Bluetooth connectivity, and smartphone-based health applications is improving device accuracy, usability, and data tracking capabilities.

✅ Growing Home Healthcare Trend
Rising healthcare costs and patient preference for home-based monitoring solutions are driving widespread device adoption.

Market Geographical Share:

The self-care medical devices market demonstrates strong growth across multiple regions, driven by differing healthcare needs, infrastructure maturity, and consumer awareness levels.

North America holds a significant share due to high adoption of home-based healthcare solutions, robust insurance coverage, and increasing focus on preventive health monitoring.

Europe follows closely, supported by advanced healthcare systems, favorable regulatory frameworks, and rising demand for remote patient monitoring solutions.

Asia-Pacific is the fastest-growing region, fueled by large population bases, increasing prevalence of chronic diseases, rapid urbanization, and expanding access to affordable medical devices.

Latin America shows steady growth, supported by improved healthcare access, growing awareness of chronic disease management, and government-led health initiatives.

Middle East & Africa are emerging markets, where investments in healthcare infrastructure and a gradual shift towards preventive healthcare are driving device adoption.

Make an Enquiry for purchasing this Report @ https://www.datamintelligence.com/enquiry/self-care-medical-devices-market?sg

Strategic Players Driving the Self-care Medical Devices Market: Johnson & Johnson Services, Inc., Medtronic, Abbott, Bayer, Koninklijke Philips N.V., GE HealthCare, F. Hoffmann-La Roche Ltd, ResMed, OMRON Healthcare, Baxter.

Mergers & Acquisitions:

✅ Johnson & Johnson has put its stroke care unit Cerenovus up for sale, targeting a valuation between $1 billion and $1.5 billion as part of a divestment strategy in its medtech portfolio.

✅ In May 2023, i-SENS, Inc. acquired AgaMatrix, a U.S.-based blood glucose monitoring device manufacturer, bolstering its CGM distribution capabilities.

Product Launches & Innovations:

✅ Acurable (U.K.) revealed plans in June 2025 to launch AcuPebble in the U.S. a home-based obstructive sleep apnea diagnostic device designed for remote testing and earlier detection.

✅ In June 2024, AliveCor achieved dual FDA clearance for its Kardia 12L ECG system, powered by AI to deliver 35 cardiac determinations. The system also received Category III CPT codes in July 2024.

✅ Prevounce Health introduced the Pylo GL1-LTE, its first remote blood glucose monitoring device in June 2024, using cellular connectivity to transmit readings directly to their remote care platform.

✅ Oura and Dexcom entered a strategic partnership in November 2024, integrating Dexcom's glucose sensor data into the Oura Ring. Dexcom also led a $75 million Series D funding for Oura, valuing the firm at over $5 billion.

Stay informed with the latest industry insights-start your subscription now: https://www.datamintelligence.com/reports-subscription?sg

Research Methodology:

The global Self-care Medical Devices Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.

Segment Covered in the Self-care Medical Devices Market:

By Product Type (Blood Glucose Monitors, Blood Pressure Monitors, Body Temperature Monitors, Pulse Oximeters, Inhalers and Nebulizers, Fitness Monitoring Trackers)

By Technology (Miniaturization Technologies, Artificial Intelligence (AI), Bluetooth and Wireless Connectivity, Telehealth Integration)

By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Regional Analysis for Self-care Medical Devices Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Self-care Medical Devices Market Research Industry:

➠ Who leads the Self-care Medical Devices industry and what's their competitive positioning regarding capacity, performance, and profitability?

➠ What growth opportunities and market challenges do Self-care Medical Devices market vendors face?

➠ Which segments show the highest growth potential and market share distribution?

➠ What factors are driving or limiting Self-care Medical Devices market growth?

➠ What are the dominant sales and distribution strategies in the Self-care Medical Devices industry?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.