Self-care medical devices are products that help the patients in managing their ailments and disorders at the comfort of their home. Such products include blood glucose monitors, sleep apnea monitors, temperature monitors, pedometers, and others. These devices come in variety of forms, and with various features. Self-care medical devices are used for measuring and monitoring various vital parameters of a patient. These devices play an important role in monitoring blood sugar level, heart rate, hypertension, and other conditions. Blood glucose monitors, blood pressure monitors, temperature monitors, holter monitors, pregnancy/fertility test kits, sleep apnea monitors, nebulizers, and pedometers are some of the most commonly used self-care medical devices. Self-care medical devices are used for measuring and monitoring various vital parameters of patients. General medical conditions such as hypertension, diabetes, fever, and other such conditions require regular monitoring. Self-care medical devices support patients by monitoring and managing the illness. These devices are used for monitoring the body temperature, blood pressure, and daily blood glucose levels.
Market Dynamics
Increasing product approvals by regulatory authorities are expected to drive the global self-care medical devices market growth over the forecast period. For instance, in February 2021, Axonics, Inc., a medical technology company, announced the U.S. Food and Drug Administration (FDA) approval of third-generation implantable neurostimulator, manufactured by Axonics, for the treatment of urinary and bowel dysfunction. The third-generation implantable neurostimulator system upgrades the embedded software in the implantable inhibitory neurotransmitter and the functionality of the patient remote control. These modifications give patients the ability to make broader stimulation parameter adjustments at home.
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