Reports Coverage
Health Self monitoring Technologies Market Key Insights
Health Self monitoring Technologies Market Analysis by Regions
Health Self monitoring Technologies Market Analysis by Segments
Health Self monitoring Technologies Market Size (current and future)
Health Self monitoring Technologies Market Competitive Benchmarking
2 years ago
This report examines the current and forecast market potential for health self-monitoring. It offers a detailed analysis of the market background, technological advancement, competitive environment, drivers and restraints, and market growth trends. This report includes market projections through 2026, detailing the market share for health self-monitoring based on the technologies.
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Self-monitoring is a technique that cognitive-behavioral therapists almost always teach their clients. It is a form of data gathering in which clients are asked to systematically observe and record specific targets such as their own thoughts, emotions, body feelings, and behaviors. Self-monitoring entails checking one's temperature twice a day for fever and keeping an eye out for coughing or difficulty breathing.
In addition, an increasing number of chronic diseases—such as diabetes, heart disease, and obesity—are making people increasingly aware of their unhealthy lifestyles. The advent of novel diagnostics has also raised awareness about diet and lifestyle changes that can prevent or cure various chronic diseases. These factors are propelling the market for health self-monitoring technologies forward.
During the forecast period of 2018-2031, the global market for health self-monitoring technologies is expected to grow at a CAGR of around **%. The major factors driving this growth include the increasing awareness about unhealthy lifestyles and their adverse effects on overall health, rising expenditure on wellness programs, and an increase in the adoption of hygiene monitoring technologies for diabetes management.
Smartwatch technology is one of the latest trends in the health self-monitoring technology market and is being adopted by many consumers due to its wide range of applications, such as tracking fitness, monitoring heart rate, tracking sleep, etc.
The players in the health self-monitoring technologies market are as follows: Alphabet Inc., Apple Inc., Garmin Ltd., Samsung Electronics Co. Ltd., and Motorola Mobility LLC.
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