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eHealth Devices Market

Global eHealth Devices Market is Expected to Foresee Significant Growth During the Forecast Period. North America to Witness the Highest Growth

Global eHealth Devices market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 9% during the forecast period (2021-2027F). eHealth is a healthcare practice that is complemented by the usage of electronic communication processes and it become prominent after the advent of the internet.

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The rapid advancement in technology and increasing internet penetration significantly contribute to the market of eHealth devices. Furthermore, government initiatives along with private investments plays important role in the market for eHealth devices. Moreover, the increasing number of startups is likely to drive the market for eHealth devices. For instance, Rubi Life is a startup founded by Brigham Young University student Eric Stopper. The MedTech company uses nanotechnology attached to an elastic maternity band to track fetal activity in high-risk pregnancies, including monitoring kick count, fetal heart rate, and position. The monitor can send alerts to an expectant mother’s smartphone in the event of a risk to help prevent stillbirths, premature birth, or other negative pregnancy outcomes.

Based on type, the market is segmented into blood pressure meters, fever meters, glucose meters, and social alarms. The glucose meter segment generated significant revenue in the global market owing to the increasing number of diabetic patients globally. The total number of people with diabetes is projected to rise to 366 million by 2030.

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Based on end-users, the market is segmented into hospitals and clinics, homecare, and diagnostic centers. The home care segment is expected to grab significant market share in the electronic healthcare device market during the forecast period. This is mainly due to the rapidly increasing geriatric population and the rising prevalence of various chronic diseases among them. For instance, as per the WHO, between 2015 and 2050, the proportion of the world’s population over 60 years will nearly double from 12% to 22%. Also, 1 in 6 people in the world will be aged 60 years or over by 2030.

Additionally, the report provides detailed report also provides insights into the global eHealth Devices market according to the regions such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the eHealth device industry owing to the presence of well-established market players and frequent product launches and approvals in the region. For instance, In February 2022, FDA approved Eversense E3 Continuous Glucose Monitoring System, The Eversense E3 Continuous Glucose Monitoring (CGM) System gives real-time blood sugar readings every five minutes for people with diabetes. The system consists of an implantable fluorescence-based sensor, a transmitter, and a mobile app for displaying glucose values, trends, and alerts on the patient’s compatible mobile device

Omron Corp., Apple Inc., Medtronic Plc., DexCom, Inc., Nokia Corp., PHC Holdings Corporation, Abbott Laboratories, F. Hoffmann-La Roche AG, Doro AB, and Honeywell lifecare solutions are some of the key players operating in the global eHealth Devices market. Several M&As along with partnerships have been undertaken by these players to develop various types of eHealth Devices devices.

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Global EHealth Devices Market Segmentation

Market Insight, by Type

  • Blood Pressure Meters
  • Fever Meters
  • Glucose Meters
  • Social Alarms

Market Insight, by End-users

  • Hospitals and clinics
  • Homecare
  • Diagnostic centres

Market Insight, by Region

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • United Kingdom
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Australia
    • Japan
    • Rest of Asia-Pacific
  • Rest of World

Top Company Profiles

  • Omron Corp.
  • Apple Inc.
  • Medtronic Plc.
  • DexCom Inc.
  • Nokia Corp.
  • PHC Holdings Corporation
  • Abbott Laboratories
  • F. Hoffmann-La Roche AG
  • Doro AB
  • Honeywell

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