IHS TECHNOLOGY
Consumer Medical Devices Product Yearbook – 2015
Roeen Roashan, Analyst
2015
Stellar growth in multifunctional devices and patches to
revamp consumer medical devices market
Actuals and Forecast
The world market for consumer medical devices is expected to sustain growth throughout the
forecast due to growing importance of personal health monitoring. IHS’s fourth edition study of
the consumer medical devices market is conducted at a critical time, as new applications such
as multifunctional devices and patches are entering the market. Multifunctional devices and
patches provide a more in-depth physiological assessment compared to conventional devices,
and are therefore coherent with the increasing integration of useful patient generated data in
clinical care. Also, these new technologies will drive convergence, and to some extent
cannibalization, in the market across numerous product categories. IHS anticipates the market
for multifunctional devices and patches to grow at a CAGR of 125.3% between 2013 and 2019.
The use of patient generated data, to improve clinical outcomes is nascent, but nonetheless an
important element of population health management – a business model adopted by an
increasing number of healthcare providers. Collecting patient generated data through patient
portals
is anticipatedDevices
to increase
patient engagement, making value-based care an attainable goal
Multifunctional
& Patches
for the
healthcare
sector.
Revenue ($m)
World Market for Multifunctional Devices & Patches - Revenues ($m)
Frequency, Time Period
• Historical (2014)
• Estimated (2015)
• Forecast (2016-2019)
Measures
• Revenue
• Unit shipments
• Average selling prices
Regions, Markets
• Americas
• EMEA
• APAC
• Additional market splits: United States,
Western Europe, and China
Products Covered
• Activity monitors
• Blood glucose meters
• Blood pressure monitors
• Body composition analyzers
• Cholesterol meters
• Digital pill dispensers
• Digital thermometers
• Hearing aids
• Heart rate monitors
2013
2014
2015
2016
2017
Source: IHS
2018
• Multifunctional devices
2019
© 2015 IHS
Source: I H S
Feb-15
This report provides a qualitative assessment of key trends in addition to detailed revenue, unit,
shipment, and ASP analysis for 17 distinct product categories.
Key Issues Addressed
 What was the overall market size for
consumer medical devices in 2014?
 How does the consumer medical
devices market break down by product
type and who are the market leaders?
 What are the regional demand
variations, and where is the long-term
opportunity?
 What are the disruptive forces that
will shape the future of this market?
 How will device convergence affect
the market?
technology.ihs.com
© 2015 IHS
Applicable To
 Marketing Depts
- Strategic Marketing Directors
- Product Managers
 Corporate
- Executives
- Investor Relations
 R&D
- Engineers
- Product Planning
 Financial
- Sales Executives
- Investors
• Nebulizers
• Patches
• Pedometers
• Personal scales
• Pregnancy & fertility test kits
• Pulse oximeters
• TENS devices
Other Topics Covered
• Biometric sensors
• Connectivity
• Market shares
• Regulatory analysis
• Remote monitoring
• Sales channel analysis
Consumer Medical Devices Production Yearbook – 2015 Abstract
Lead Analyst
Roeen Roashan, Analyst – Medical
Technology
Roeen is an analyst in the Medical Technology
team at IHS. He covers topics such as wearable
technology, telehealth and healthcare IT in
addition to consumer medical devices. Roeen is
a quoted analyst on Forbes, Fortune Magazine,
Wall Street Journal, Washington Post, Al Jazeera
and other media outlets.
Roeen joined IHS as an analyst in April 2013.
Before joining IHS, Roeen held positions in
analyst and consulting roles. Roeen received his
BA from Copenhagen Business School in
Denmark, where he conducted research on NFC
based mobile payment systems. He received his
MBA from California State University Long Beach
in Long Beach, CA. Roeen is based in Los
Angeles, CA.
Table of Contents

Multifunctional devices
• Executive summary

Nebulizers
• Chapter 1

Patches
- Introduction

Pedometers
- Scope

Personal scales

Product definitions

Pregnancy & fertility test kits

Geographic scope

Pulse oximeters

TENS devices
- Report objective
- Report structure
- Report methodology

Information sources

Forecasting methods
- Exchange rates
• Chapter 2
- Introduction
• Chapter 4
- Introduction
- Industry structure and competitive
environment

Prospects for new entrants
- Market share estimates
• Appendix – List of tables
- IHS Economics – global economic outlook

About IHS
IHS (NYSE: IHS) is the leading source of
information, insight and analytics in critical areas
that shape today's business landscape.
Businesses and governments in more than 165
countries around the globe rely on the
comprehensive content, expert independent
analysis and flexible delivery methods of IHS to
make high-impact decisions and develop
strategies with speed and confidence. IHS has
been in business since 1959 and became a
publicly traded company on the New York Stock
Exchange in 2005. Headquartered in Englewood,
Colorado, USA, IHS is committed to sustainable,
profitable growth and employs 8,000 people in 31
countries around the world.
Business market conditions
- Demographic trends

Update on aging populations and
lifestyle diseases
- Automatic upper arm

Consumer survey on physiological
monitoring
- Wrist
- Technology trends

Wearable technologies and
multifunctional devices

Device-specific trends

Connectivity

Mobile handsets with biometric sensors

Regulatory factors
- Sales channel analysis
• Chapter 3
- Introduction
- World market for consumer medical
devices
technology.ihs.com
© 2015 IHS
Additional product splits:
• Blood pressure monitors
- Manual upper arm
• Body composition analyzers
- Handheld
- Scales
• Digital thermometers
- Digital stick
- Forehead
- IR ear
• Heart rate monitors
- With strap
- Without strap
• Nebulizers
- Compressor
- World market by geographic region
- Jet
- World market by product category
- Ultrasonic
• TENS devices

Activity monitors

Blood glucose meters
- Analog

Blood pressure monitors
- Digital

Body composition analyzers

Cholesterol meters

Digital pill dispensers

Digital thermometers

Hearing aids

Heart-rate monitors

Multifunctional devices

Nebulizers

Patches

Pedometers