the global self-care medical devices market was valued at USD 10.5billion in 2012 and is estimated to reach a market worth of USD 16.9 billion in 2019growing at a CAGR of 7.0% from 2013 to 2019.

Healthcare is moving towards a precision based model of personal care. Self-care medical devices play a major role in providing personal care that will ultimately help the patients or individuals to manage episodic acute and chronic illnesses. Increasing patient population coupled with rising awareness of lifestyle disorders and rapid technological developments in medical devices have accentuated the growth of the self-care medical devices market globally. There is a rise in demand for self-medication and home-based treatment as more number of patients opt for diagnosis and treatment of specific diseases at their own comfort (home).

Chronic conditions such as diabetes, asthma, blood pressure and other respiratory and cardiovascular diseases require continuous and regular lifelong monitoring. Rise in the number of people diagnosed with such diseases drives the demand for self-care medical devices. It is estimated that around 220 million people are affected by chronic diseases and approximately 85% of them require home healthcare services for monitoring on a regular basis. Thus, self-care medical devices are witnessing fast adoption by consumers, to measure parameters on a regular basis and also cut down medical costs and save time.

Self-care is a primary form of care for various chronic diseases namely diabetes, blood pressure, cardiovascular and others. It is referred to as an action that contributes in maintaining personal health with the use of various self-monitoring devices. The market for self-care medical devices is segmented as blood glucose monitors, blood pressure monitors, temperature monitors, Holter monitors, pregnancy/fertility test kits, sleep apnea monitors, nebulizers and pedometers. Self-care devices are used as primary care devices by patients, causing a shift in mode of treatment from hospital to home based healthcare. Factors such as rise in obese population, and increase in incidence rate of chronic diseases such as hypertension and diabetes are propelling the growth of the self-care medical devices market.

The North American region accounted for the largest market share of over 40% in 2012and is expected to dominate the market during the forecast period. Increasing incidence of cardiovascular and respiratory diseases are the major driving factors for the growth of self-care medical devices market in the North American region. Additionally, sedentary lifestyle, poor dietary habits, and development of new technologies prove to be a stimulus for market growth in the North American region. The Asia-Pacific region is expected to grow at the highest CAGR of 9.9% from 2013 to 2019, due to rise in geriatric population, changing lifestyles and rising stress levels. Also, a large patient pool suffering from diabetes, hypertension, stroke, respiratory and cardiovascular diseases, requiring continuous monitoring and care will also accentuate the uptake of self-care medical devices.

The self-care medical devices market is presently witnessing intense competition among the key market players. To gain a significant market share, manufacturers are introducing cost effective, portable, easy to use and innovative self-care medical products. The global self-care medical devices market includes major companies, namely Roche, Philips Healthcare, Omron Healthcare, GE Healthcare, Johnson and Johnson, Medtronic, Inc., ResMed Inc., among others.

The global self-care medical devices market is segmented as follows:

• Self-Care Medical Devices Market, by Segments
  - Blood Glucose Monitors
  - Blood Pressure Monitors
  - Body Temperature Monitors
  - Heart Rate Monitors
  - Pregnancy/Fertility Test Kits
  - Sleep Apnea Monitors
  - Nebulizers
  - Pedometers
  
  
  • Self-Care Medical Devices Market, by Geography
    - North America
    - Europe
    - Asia-Pacific
    - Rest of the World (RoW)
  
  
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  Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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  Albany, NY 12207
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According to a new market report published by Transparency Market Research "Operating Room Equipment Market (Operating Tables, Operating Room Lights, Surgical Booms, Operating Room Integration Systems and Surgical Imaging Displays) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global operating room equipment market was valued at USD 2.67 billion in 2012 and is expected to grow at a CAGR of 6.2%     from 2013 to 2019, to reach an estimated value of USD 4.05 billion in 2019.

Operating rooms around the globe are witnessing rapid transformation from conventional to hybrid state-of-the-art operation theatres, as this facility contributes majority share in revenue generation for hospitals. An operating room equipped with technically advanced equipment ensures better patient care and enhanced operational efficiency by empowering surgeons and other healthcare professionals with greater flexibility and ease of handling. Operating tables, operating room lights, surgical booms, operating room integration systems and surgical imaging displays are the most important equipment types found in an operating room.

An operating table is an indispensable part of an operating room that accommodates a patient in the best possible position (physically) during a surgical procedure. The operating tables market was the largest segment of the total operating room equipment market in 2012, with a revenue share of 30.6% and valued at USD 815.5 million. Surgical booms and operating room integration systems have been identified as the fastest growing segments during the forecast period due to increasing demand for hybrid operating rooms, which require these equipment for space management and proper equipment integration.

Factors such as continuous increase in the number of ambulatory surgical centers (ASCs) globally, growing demand for state-of-the-art hybrid operating rooms (especially from the developed markets of North America and Europe) and technical advances leading to product innovation have been anticipated to contribute in the growth of the overall operating room equipment market during the forecast period 2013 to 2019. Globally, rise in elderly population is also being considered as one of the major growth factors as it will indirectly boost the demand for operating room equipment. This is because; elderly population is more likely to undergo various surgical procedures than the younger population on account of their higher susceptibility to numerous health disorders. On the other hand, high cost associated with these equipment may prevent healthcare providers to replace existing equipment with the technically advanced equipment. This is especially true for hospitals operating on low budgets who prefer purchasing used or refurbished equipment.

In 2012, North America and Europe were the largest regional markets for operating room equipment. In both these regions, since most hospitals are already equipped with necessary operating room equipment, the market growth will largely rely on replacement of existing equipment with advanced automated versions and demand created by the increasing number of operating rooms. The rapidly evolving medical tourism industry has been identified as one of the key factors driving market growth in the Asia-Pacific region. The exponential rise in the number of patients coming to countries such as India, Thailand,South Korea and Malaysia for various surgical treatments at low cost is encouraging healthcare providers in these countries to equip themselves with the latest technologies in order to offer enhanced patient care to their foreign customers.

Getinge Group, Stryker Corporation, Steris Corporation, TRUMPF GmbH + Co. KG, Berchtold Corporation, Skytron, LLC, Karl Storz GmbH & Co. KG, Eschmann Equipment, Mizuho OSI and NDS Surgical Imaging, LLC are the major players in the operating room equipment market. Of these, Getinge Group, Stryker Corporation, Steris Corporation, TRUMPF GmbH + Co. KG led the market in terms of revenue, accounting for over 60% share of the total market revenue in 2012.

The global operating room equipment market is segmented as follows:

Operating Room Equipment Market, by Product Type

• Operating Tables
• Operating Room Lights
• Surgical Booms
• Operating Room Integration Systems
• Surgical Imaging Displays

Operating Room Equipment Market, by Geography

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

        Contact

        Sheela AK

        90 Sate Street, Suite 700

        Albany, NY 12207

       Tel: +1-518-618-1030

        USA - Canada Toll Free: 866-552-3453

     

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