According to a market report by Lucintel, the future of the global portable medical device market looks promising with opportunities in the gynecology, cardiology, gastrointestinal, urology, neurology, respiratory, orthopedics markets. The global portable medical device market is expected to reach an estimated $111 billion by 2031 from $64 billion in 2024 at a CAGR of 8% from 2024 to 2031. The major drivers for this market are increasing prevalence of chronic diseases, surge in geriatric population, and growing demand for portable medical devices and wearable electronics.
A more
than 150-page report to understand trends, opportunity and forecast in global portable
medical device market to 2031 by product (diagnostic imaging, therapeutics,
monitoring devices, and smart wearable medical devices), application
(gynecology, cardiology, gastrointestinal, urology, neurology, respiratory,
orthopedics, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World)..
Lucintel
forecasts that, within the product category, smart wearable medical device is
expected to witness the highest growth over the forecast period due to
increasing health awareness, rising chronic disease prevalence, and
advancements in digital health technologies.
Within the
application category, cardiology will remain the largest segment due to
on-going technological advancements and new product development in cardiology.
Download
sample by clicking on portable
medical device market.
In terms
of regions, North America will remain the largest region over the forecast
period due to increasing penetration of diagnostic, therapeutic, and monitoring
portable medical devices for disease management and surging geriatric
population in the region.
General
Electric, Omron Corporation, Koninklijke Philips N.V., Medtronic, F.
Hoffmann-La Roche, Samsung Healthcare, Siemens Healthineers, Abbott Laboratories,
Baxter, Shimadzu Corporationare the major suppliers in the portable medical device market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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