NEW YORK, May 10, 2022 /PRNewswire/ -- As per Zion Market Research study, The global Portable Medical Devices Market was worth around USD 47.73 billion in 2021 and is estimated to grow to about USD 77.01 billion by 2028, with a compound annual growth rate (CAGR) of approximately 8.30 percent over the forecast period. The report analyzes the digital remittance market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the digital remittance market.
Key Industry Insights & Finding of the Portable Medical Devices Market Reports:
- As per the analysis shared by our research analyst, the Portable Medical Devices Market is expected to grow annually at a CAGR of around 8.30% (2022-2028).
- Through the primary research, it was established that the Portable Medical Devices Market was valued approximately USD 47.73 Billion in 2021 and is projected to reach to roughly USD 77.01 Billion by 2028.
- North America is expected to have the largest share of the global portable medical devices market.
- North American mobile medical device industry. Additionally, favorable government initiatives and developments in advanced medical equipment reimbursement rules will boost the portable medical equipment market ahead.
Zion Market Research published the latest report titled as"Portable Medical Devices Market By Product(CT scans, neonatal monitoring, diagnostic imaging X-rays, endoscopes, insulin pumps etc), By Application (medical therapeutics, diagnosis health, fitness & wellness, monitoring, etc), By End-Use (Hospitals, Homecare, Ambulance Surgery Centres & Others) and By Geography - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 - 2028." into their research database.
Portable Medical Devices Market: Overview
Wireless networking and thin product design are no longer limited to smartphones and music players. Still, they are also reshaping the healthcare industry, thanks to the ever-changing environment of portable gadgets. Researchers are developing new devices such as portable ultrasound equipment to simplify and improve patient care. Preference for less intrusive medical technology and portability has shifted focus to insulin pumps, oxygen concentrators, and other portable medical equipment, which are reshaping the mobile medical device market.
The portable medical devices market is predicted to grow fast in the following years due to increased demand for mobile medical devices and wearable electronics, an increase in the senior population, and technological improvements.
Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/portable-medical-devices-market
Our Free Sample Report Includes:
- 2022 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 142 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Zion Market Research methodology
Industry Dynamics:
Portable Medical Devices Market: Growth Dynamics
Drivers: Rise in health and fitness education, accompanied by the introduction of new technology.
Advanced analytics and predictive modelling applications enable healthcare organizations to treat each patient individually to achieve the best possible outcomes. Analytics have increasingly been used to personalize cancer and other disease treatments. In this regard, the UK's National Health Service (NHS) announced a five-year initiative to sequence the genomes of large group of people. A new company called Genomics England Limited was formed to carry out this project, and a huge amount has been set aside for it. This project's findings will be applied to the treatment and research of cancer and other rare diseases.
Restraints: Inaccurate results and fluctuations in data.
Memory problems, erroneous results, and data variations are varied restrictions that can impact the growth of the portable medical devices industry.
Directly Purchase a Copy of the Report at https://www.zionmarketresearch.com/buynow/su/portable-medical-devices-market
Global Portable Medical Devices Market: Segmentation
- The global Portable Medical Devices market is segregated based on product, application, end-use, and geography.
Based on product type, The global portable medical devices market has been segmented by CT scans, neonatal monitoring, diagnostic imaging X-rays, endoscopes, insulin pumps, image-guided therapy systems, nebulizers, ultrasound, smart wearable medical devices, stress monitoring devices, oxygen concentrators, and cardiac monitoring. During the forecast period, the smart wearable medical device category is expected to grow the fastest.
By application, the Global Portable Medical Devices Market is divided into medical treatments, diagnostic and health, fitness and wellness, monitoring, and others. The monitoring sector accounted for the most significant market value share due to the increasing adoption rate of monitoring equipment such as cardiac and neuromonitoring devices, vital sign monitoring, and foetal and neonatal monitoring. Furthermore, major improvements in smaller advanced platforms, as well as subsequent product approvals, are propelling market expansion.
By end-use, homecare is likely to grow greatly in the forecast time based on end-use. Because of their low cost and safety, home care products are becoming increasingly popular. Also, because of escalating hospital expenditures and the cost-effectiveness of home care goods, home care is an excellent choice for many people.
Get More Insight before Buying at: https://www.zionmarketresearch.com/inquiry/portable-medical-devices-market
List of Key Players of Portable Medical Devices Market:
- Samsung Group
- General Electric Company
- Koninklijke Philips N.V
- VYAIRE
- Nox Medical
- OMRON Corporation
- Medtronic Plc
- F. Hoffmann-La Roche Ltd.
Key questions answered in this report:
- What are the growth rate forecast and market size for Portable Medical Devices Market?
- What are the key driving factors propelling the Portable Medical Devices Market forward?
- What are the most important companies in the Portable Medical Devices Market Industry?
- What segments does the Portable Medical Devices Market cover?
- How can I receive a free copy of the Portable Medical Devices Market sample report and company profiles?
Report Scope:
Report Attribute | Details |
Market size value in 2021 | USD 47.73 Billion |
Revenue forecast in 2028 | USD 77.01 Billion |
Growth Rate | CAGR of almost 8.30 % 2022-2028 |
Base Year | 2020 |
Historic Years | 2016 - 2021 |
Forecast Years | 2022 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2022 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Samsung Group, General Electric Company, Koninklijke Philips N.V, VYAIRE, Nox Medical, OMRON Corporation, Medtronic Plc, and F. Hoffmann-La Roche Ltd. |
Report Coverage | Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. https://www.zionmarketresearch.com/custom/785 |
Free Brochure: https://www.zionmarketresearch.com/requestbrochure/portable-medical-devices-market
Regional Dominance:
- North America is expected to have the largest share of the global portable medical devices market.
In 2021, North America is expected to have the largest share of the global portable medical devices market. This could be because the healthcare business spends a lot of money on research and development. This element will aid the growth of the North American mobile medical device industry. Additionally, favorable government initiatives and developments in advanced medical equipment reimbursement rules will boost the portable medical equipment market ahead.
Global Portable Medical Devices Market is segmented as follows:
Portable Medical Devices Market: By Product Outlook (2022-2028)
- CT Scan
- Neonatal Monitoring
- Diagnostic Imaging X-Ray
- Endoscopes
- Insulin Pumps
- Image-Guided Therapy Systems
- Nebulizer
- Ultrasound
- Smart Wearable Medical Device
- Stress Monitoring Devices
- Oxygen Concentrator
- Cardiac Monitoring
Portable Medical Devices Market: By Application Outlook (2022-2028)
- Medical Therapeutics
- Diagnosis Health
- Fitness & Wellness
- Monitoring
- Others
Portable Medical Devices Market: By End Users Outlook (2022-2028)
- Hospitals
- Ambulatory Surgery Centres
- Homecare
- Others
Portable Medical Devices Market: By Region Outlook (2022-2028)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Press Release For Portable Medical Devices Market: https://www.zionmarketresearch.com/news/global-portable-medical-devices-market
Browse Other Related Research Reports from Zion Market Research
- Leadless Pacemaker Systems Market - Global Industry Analysis: The global Leadless Pacemaker Systems Market accrued earnings worth approximately 55 (USD Million) in 2021 and is predicted to gain revenue of about 98 (USD Million) by 2028, is set to record a CAGR of nearly 10.1% over the period from 2022 to 2028.
- Bone Growth Stimulators Market - Global Industry Analysis: The global bone growth stimulators market was worth around USD 1.21 billion in 2021 and is estimated to grow to about USD 1.85 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.2 percent over the forecast period.
- Women's Health Rehabilitation Products Market - Global Industry Analysis: The global Women's Health Rehabilitation Products Market accrued earnings worth approximately 3.30 (USD Billion) in 2021 and is predicted to gain revenue of about 9.14 (USD Billion) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2022 to 2028.
Browse through Zion Market Research's coverage of the Global Medical Device Industry
Follow Us on: LinkedIn | Twitter | Facebook
About Us
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us-after all-if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com/
Blog - https://zmrblog.com/
Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg
