Market Overview:
The global cholesterol management devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of obesity and other lifestyle-related diseases, growing geriatric population, and technological advancements in cholesterol management devices. Based on type, the global cholesterol management devices market is segmented into monitors, wrist monitors, small portable instruments, meters, and wireless systems. The monitor segment is expected to account for the largest share of the global cholesterol management devices market in 2018. This can be attributed to the increasing demand for home healthcare monitoring solutions for managing various chronic diseases such as diabetes and hypertension. Based on application, the global cholesterol management devices market is segmented into home healthcare, hospitals & clinics, research institutes & laboratories), and others (including military applications).
Product Definition:
Cholesterol Management Devices are used to monitor and manage cholesterol levels. They are important because high cholesterol levels can lead to heart disease and other health problems.
Monitors:
The global monitors, it's usage and growth factor in cholesterol management devices market size was valued at USD 1.0 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The rising prevalence of lifestyle diseases such as diabetes, obesity, & cardiovascular disorders along with increasing awareness about early diagnosis are some vital drivers for this market’s growth over the forecast period.
North America monitors, it's usage.
Wrist Monitors:
Wrist monitors are devices that are used to measure blood pressure. They can be manual or digital. The most common types of wrist monitors include Omron series, Accu-check, and LifeSource blood glucose monitoring systems among others.
Application Insights:
The home healthcare segment dominated the global cholesterol management devices market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to rising awareness about heart diseases and growing preference for self-monitoring devices. Moreover, increasing number of fitness centers, gymnasiums, health clubs & studios coupled with rising disposable income is anticipated to drive the demand for cholesterol management products in near future.
Hospitals are estimated to be one of the prominent users of these monitoring devices as they offer better accuracy compared with clinics or other healthcare facilities at a lower cost. Furthermore, hospitals have larger patient bases which increases chances of detecting any abnormality during checkups thus resulting in higher adoption across various regions worldwide.
Cholesterol management products such as blood glucose meters.
Regional Analysis:
North America dominated the global cholesterol management devices market in 2017. This can be attributed to favorable reimbursement policies, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region as compared to other regions. The Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to increasing government initiatives and rising patient disposable income levels that are enabling them better access of cholesterol management devices at lower costs. Moreover, improving healthcare infrastructure and growing medical tourism are also expected to drive growth over the forecast period.
The Asia Pacific region is home for some of the developing countries such as India, China, Malaysia and Thailand which have a booming medical tourism industry due their low cost of treatment compared with developed nations such as U.S., Germany etc.
Growth Factors:
- Increasing prevalence of obesity and other lifestyle diseases that lead to increased cholesterol levels
- Growing awareness about the health risks associated with high cholesterol levels
- Rising demand for minimally invasive procedures for cholesterol management
- Technological advancements in cholesterol management devices and therapies
- increasing healthcare expenditure by governments and private players
Scope Of The Report
Report Attributes
Report Details
Report Title
Cholesterol Management Devices Market Research Report
By Type
Monitors, Wrist Monitors, Small Portable Instruments, Meters, Wireless Systems
By Application
Home Healthcare, Hospitals, Clinics
By Companies
Boston Scientific, Medtronic, Abbott, Koninklijke Philips, Roche Diagnostics, Abbott, Abbott, Sorin Group, BIOTRONIK, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Cholesterol Management Devices Market Report Segments:
The global Cholesterol Management Devices market is segmented on the basis of:
Types
Monitors, Wrist Monitors, Small Portable Instruments, Meters, Wireless Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Healthcare, Hospitals, Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Medtronic
- Abbott
- Koninklijke Philips
- Roche Diagnostics
- Abbott
- Abbott
- Sorin Group
- BIOTRONIK
- Boston Scientific
Highlights of The Cholesterol Management Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monitors
- Wrist Monitors
- Small Portable Instruments
- Meters
- Wireless Systems
- By Application:
- Home Healthcare
- Hospitals
- Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cholesterol Management Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cholesterol management devices are medical devices that help to lower blood cholesterol levels. They can include medications, diet, and exercise.
Some of the major players in the cholesterol management devices market are Boston Scientific, Medtronic, Abbott, Koninklijke Philips, Roche Diagnostics, Abbott, Abbott, Sorin Group, BIOTRONIK, Boston Scientific.
The cholesterol management devices market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cholesterol Management Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cholesterol Management Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cholesterol Management Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cholesterol Management Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cholesterol Management Devices Market Size & Forecast, 2020-2028
4.5.1 Cholesterol Management Devices Market Size and Y-o-Y Growth
4.5.2 Cholesterol Management Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Monitors
5.2.2 Wrist Monitors
5.2.3 Small Portable Instruments
5.2.4 Meters
5.2.5 Wireless Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Healthcare
6.2.2 Hospitals
6.2.3 Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cholesterol Management Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cholesterol Management Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Monitors
9.6.2 Wrist Monitors
9.6.3 Small Portable Instruments
9.6.4 Meters
9.6.5 Wireless Systems
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Healthcare
9.10.2 Hospitals
9.10.3 Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Monitors
10.6.2 Wrist Monitors
10.6.3 Small Portable Instruments
10.6.4 Meters
10.6.5 Wireless Systems
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Healthcare
10.10.2 Hospitals
10.10.3 Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Monitors
11.6.2 Wrist Monitors
11.6.3 Small Portable Instruments
11.6.4 Meters
11.6.5 Wireless Systems
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Healthcare
11.10.2 Hospitals
11.10.3 Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Monitors
12.6.2 Wrist Monitors
12.6.3 Small Portable Instruments
12.6.4 Meters
12.6.5 Wireless Systems
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Healthcare
12.10.2 Hospitals
12.10.3 Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Monitors
13.6.2 Wrist Monitors
13.6.3 Small Portable Instruments
13.6.4 Meters
13.6.5 Wireless Systems
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Healthcare
13.10.2 Hospitals
13.10.3 Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cholesterol Management Devices Market: Competitive Dashboard
14.2 Global Cholesterol Management Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Medtronic
14.3.3 Abbott
14.3.4 Koninklijke Philips
14.3.5 Roche Diagnostics
14.3.6 Abbott
14.3.7 Abbott
14.3.8 Sorin Group
14.3.9 BIOTRONIK
14.3.10 Boston Scientific
