Home-care Monitoring and Diagnostics Market to Record $ 8.5 Bn Growth between 2021 and 2025 | Technavio

NEW YORK, Oct. 6, 2021 /PRNewswire/ — The home-care monitoring and diagnostics market size is expected to increase by USD…

NEW YORK, Oct. 6, 2021 /PRNewswire/ — The home-care monitoring and diagnostics market size is expected to increase by USD 8.50 billion from 2021 to 2025, registering a CAGR of almost 9%, according to the latest research report from Technavio.

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The report on the home-care monitoring and diagnostics market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the increasing incidence of chronic diseases and the rise in the geriatric population.

The home-care monitoring and diagnostics market analysis includes the product segment and geographic landscape. This study identifies rising disposable income levels and living standards as one of the prime reasons driving the home-care monitoring and diagnostics market growth during the next few years.

This report presents a detailed picture of the homecare monitoring and diagnostics market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The home-care monitoring and diagnostics market covers the following areas:

Home-care Monitoring and Diagnostics Market Sizing

Home-care Monitoring and Diagnostics Market Forecast

Home-care Monitoring and Diagnostics Market Analysis

Companies Mentioned

  • Abbott Laboratories
  • Bioptik Technology Inc.
  • Chembio Diagnostics Inc.
  • F. Hoffmann-La Roche Ltd.
  • Johnson and Johnson Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • OMRON Corp.
  • PHC Holdings Corp.
  • VectraCor Inc.

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Home-care Monitoring And Diagnostics Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 9%

Market growth 2021-2025

$ 8.50 billion

Market structure

Fragmented

YoY growth (%)

8.75

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 40%

Key consumer countries

US, UK, Germany, China, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Abbott Laboratories, Bioptik Technology Inc., Chembio Diagnostics Inc., F. Hoffmann-La Roche Ltd., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, OMRON Corp., PHC Holdings Corp., and VectraCor Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio