Demand for Self-care Medical Devices to Surge with the Emergence of Covid-19 and Rising Geriatric Population

 

Self-care Medical Devices

According to a recent report by Coherent Market Insights, the market for self-care medical devices is expected to witness significant growth. The market includes a variety of devices for monitoring, measuring and maintaining vital personal health parameters of patients including blood pressure, cholesterol and heart rate monitor. The increasing self-care focus in many countries is based on the belief that an integrated approach between medical and psychological therapy can help to improve overall health and well-being.

As the population ages and obesity are a major factor behind this condition, the global self-care medical devices industry is seeing a shift towards prevention and fitness of elderly and disabled individuals. In the coming years, innovative products for elderly care are expected to offer better assistance with mobility, comfort and independence of the elderly. In addition, as people grow older and the physical effects of age begin to take their toll, it is anticipated that there will be increased need for products that address the needs of senior citizens.

With the emergence of Covid-19, the demand for self-care medical devices is further expected to increase. In Germany, from 3 January 2020 to 6:18pm CEST, 8 July 2021, there have been 3,733,519 confirmed cases of COVID-19 with 91,141 deaths, reported to WHO. Monitoring and measuring devices for measuring vital signs of individuals, especially those with disabilities, are also in demand in the global self-care medical devices industry. These monitoring devices are designed to allow for proper evaluation and diagnosis of conditions based on a patient's specific measurement. For example, a blood pressure monitor can be used to measure normal and abnormal blood pressures at regular intervals in a patient's life. Such technology is now being applied in the healthcare industry to monitor diseases and monitor the progress of disease-based treatments. A patient's oxygen saturation is now being monitored to ensure optimal patient comfort and to prevent adverse medical conditions that can threaten a patient's overall health.


Location: United States

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