Worldwide Portable Medical Devices Market to 2023-2028 - Projected CAGR of 9.94% During the Forecast Period


Dublin, June 28, 2023 (GLOBE NEWSWIRE) -- The "Global Portable Medical Devices Market (2023-2028)" report has been added to ResearchAndMarkets.com's offering.

The Global Portable Medical Devices Market is estimated to be USD 45.52 Bn in 2023 and is expected to reach USD 73.11 Bn by 2028, growing at a CAGR of 9.94%.

Market Segmentations

The Global Portable Medical Devices Market is segmented based on Product, Applications, End-Users, and Geography.

  • By Product, the market is classified into Diagnostic Imaging, Therapeutics, and Smart Wearable Medical Device.
  • By Applications, the market is classified into Gynecology, Cardiology, Gastrointestinal, Urology, Neurology, Respiratory, and Orthopedics.
  • By End-Users, the market is classified into Hospitals & Clinics and Homecare.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are F. Hoffmann-La Roche Ag, GE HealthCare Technologies Inc., Infineon Technologies Ag, Koninklijke Philips N.V., Medtronic PLC, Natus Medical Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Portable Medical Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages207
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$45.52 Billion
Forecasted Market Value (USD) by 2028$73.11 Billion
Compound Annual Growth Rate9.9%
Regions CoveredGlobal

Market Dynamics

Drivers

  • Escalating Demand for Portable Medical Devices and Wearable Electronics
  • Increasing Adoption of Home Healthcare Services

Restraints

  • High Cost of Devices
  • Stringent Government Policies & Standards

Opportunities

  • Increase in Technological Advancements
  • Emergence of Tele-Medicine Facilities and Nanotechnology

Challenges

  • Security Concerns Related to the Device
  • Connectivity Problems in Some Rural Areas


Companies Mentioned

  • Abbott Laboratorie
  • Analog Devices, Inc.
  • CareFusion Corp.
  • F. Hoffmann-La Roche Ag
  • GE HealthCare Technologies Inc.
  • Infineon Technologies Ag
  • Koninklijke Philips N.V.
  • Medtronic PLC
  • Natus Medical Inc.
  • Nox Medical
  • OmniVision Technologies, Inc.
  • Omron Healthcare Co., Ltd..
  • Qualcomm Technologies, Inc.
  • Renesas Electronics Corp.
  • Samsung Electronics Co. Ltd.
  • Siemens Healthcare GmbH
  • Texas Instruments Inc.
  • Vyaire Medical Inc.



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Global Portable Medical Devices Market

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