Overview:

The global OTC home healthcare devices market is valued for more than US$ XXX.X Mn in 2020 and expected to reach a value of US$ XXX.X Mn by 2030 with a significant CAGR of around XX.X% over the forecast period of 2021-2029. The over-the-counter home healthcare devices can be purchased with or without any prescription from any retail pharmacy stores or hospital pharmacy stores. These devices are majorly used by end users or at home and these includes handheld and wearable healthcare devices.

Market Dynamics:

Growing prevalence of lifestyle diseases across the globe is a key factor driving growth of the global OTC home healthcare devices market. Also, disposable income of individuals, growing product launches by key players, and rising awareness about wearable devices and its benefits are some other factors supporting the global market growth.

Key Trends:

Detailed key trends are covered in the report including technological advancements and key strategies of key players operating in the target market area.

Regional Analysis:

For detailed understanding of market dynamics, the global OTC home healthcare devices market is analyzed across key regions viz. the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America region has dominated the target market with highest market share in 2020.

However, the target market in Asia Pacific region is expected to witness strong growth during the forecast period.

Scope of the Report:

Detailed Segmentation:

Global OTC Home Healthcare Devices Market, By Product Type:

• Blood Glucose Monitors
• Cholesterol Monitors
• Blood Pressure Monitors
• HIV Test Kits
• Hearing Aids
• Inhalers
• Thermometers
• Home Feeding Products
• Activity & Wrist Bands

Global OTC Home Healthcare Devices Market, By Distribution Channel:

• Hospital Pharmacies
• Retail Pharmacies
• Other Channels

Global OTC Home Healthcare Devices Market, By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players Covered:

Key players operating in the global OTC home healthcare devices market includes Hoffmann-La Roche AG, Abbott Laboratories, Bionime Corporation, Rossmax International Ltd., Johnson & Johnson., ARKRAY, Inc., LifeScan IP Holdings, LLC, Cochlear Ltd., Audina Hearing Instruments, Inc., and Eargo, Inc.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global OTC Home Healthcare Devices Market by product type, distribution channel, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2021 – 2030, considering 2020 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global OTC home healthcare devices market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.