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The Portable Medical Devices Market Size was valued at USD 63.56 Billion in 2023 and is expected to reach USD 158.22 Billion by 2032 and grow at a CAGR of 10.70% over the forecast period 2024-2032.
The portable medical devices market is experiencing rapid growth, driven by advancements in technology, rising healthcare demands, and a shift towards patient-centered care. The integration of green equipment development with cutting-edge technologies, such as miniaturization, wireless connectivity, and the Internet of Things (IoT), has enhanced patient monitoring and diagnosis. These devices enable healthcare providers to access real-time patient data, facilitating timely decision-making that improves care outcomes. The growing prevalence of chronic diseases, which account for 71% of global deaths (WHO), has intensified the demand for portable medical solutions that support at home healthcare and regular monitoring.
Telehealth and remote monitoring have become pivotal in modern healthcare, with telehealth usage increasing 38-fold and wearable health technology adoption reaching 57% among U.S. adults (CTA). Remote patient monitoring has proven to reduce hospital readmissions by 38% and emergency room visits by 60%, while saving hospitals an average of USD 2,000 per patient in hospitalization costs (AHA). The emphasis on preventive care further boosts the demand for portable devices, empowering individuals to manage their health effectively. As healthcare providers strive to reduce costs and improve care standards, portable medical devices are poised to play a crucial role in the future of healthcare delivery.
KEY DRIVERS:
Rising Demand for Personalized Healthcare Fuels Growth in Wearable Technology and Portable Medical Devices Market
Increasing demand for personalized healthcare solutions is one of the primary growth factors contributing to the portable medical devices market. More and more, patients want devices designed with their specific health challenges in mind —thus the rise of customizable solutions to improve usability. An example of such a trend is the increase of wearable health technology like smartwatches with health monitoring systems. Wearables such as the Apple Watch are capable of tracking heart rate, monitoring sleep patterns, and even conducting electrocardiograms (ECGs) to help users take a more proactive approach to health management. Such customization gives individuals ownership over their well-being and also promotes compliance with health recommendations hence augmenting an active patient populace. Research in the Journal of Medical Internet Research showed a 20% improvement in patient adherence to treatment plans through wearable devices, while the American Heart Association noted a 15% increase in early diagnosis of heart conditions due to wearables like fitness trackers
Remote Healthcare Demand and Advancements in Monitoring Devices Drive the Market Growth
Social distancing and other limitations on face-to-face visits ushered in a new frontier of telehealth and mobile diagnostic devices. Such as sleep apnea patients with a Philips Respironics DreamWear mask may enable continuous monitoring and transmission of data to the healthcare provider, who can make adjustments in treatment remotely. Remote healthcare solutions reduced emergency visits by 31% for chronic patients, while providers using remote monitoring saw a 40% increase in patient satisfaction during the pandemic. The move to utilize remote tracking despite allowing patients more comfort, also reduces pressure on health care systems by reducing hospital visitations. Increasing investments in portable medical devices are projected to sustain the trend even when more healthcare providers realize the advantages of remote care solutions fueling market growth
RESTRAIN:
Overcoming Regulatory and Data Security Challenges to Unlock Growth in the Portable Medical Devices Market
The portable medical devices market is having some challenges such as regulatory challenges and data security concerns. While safety and efficacy must be assured through stringent regulatory compliance, those rigid regulations can have the adverse effect of impeding rapid market entry for novel devices. The global distribution also opens up complications in terms of different regulations across regions, further adding steps to the regulatory process and potentially slowing market entry while increasing development timelines.
Moreover, as digital connectivity becomes more widespread for portable medical devices, the risk associated with data security and privacy gain high importance too. The cybersecurity risk associated with new products and technologies, as well as the threat of unauthorized access to sensitive health information, makes consumers and healthcare providers skeptical about technology adoption. Providing strong cybersecurity is necessary to build user trust in your system and also comply with relevant regulations, like the Health Insurance Portability and Accountability Act (HIPAA) in the United States.
BY PRODUCT
The monitoring devices segment accounted for the largest share of 47% in 2023 and played an integral role in managing diseases timely, thereby driving up demand. These devices monitor vital health parameters continuously or periodically to facilitate timely interventions and proactive healthcare management. Such as heart rate monitors, glucose monitors, and blood pressure cuffs provide patients and health care providers with the ability to monitor conditions in real time a key component for managing chronic illnesses and improving patient outcomes. This segment has witnessed significant growth due to the increasing prevalence of chronic diseases and a higher need to monitor patients remotely.
The smart wearable devices segment is projected to register a rapid compound annual growth rate (CAGR) from 2024 to 2032, as improved technology and increasing interest in health and fitness monitoring have prompted the wide use of smart card devices. These smart wearables for fitness and lifestyle include advanced sensors that measure multiple health metrics like heart rate, step count, sleep quality, and even signs of stress. With the growing emphasis on health and wellness, consumers are more proactive in promoting their health they ever had, these devices are to see a rise in demand. Integration with mobile apps and cloud services offers improved user interaction, allowing for individual health notifications.
BY APPLICATION
In 2023, cardiology dominated the market with a 26% share in the portable medical devices market, driven by a need for effective management of cardiovascular diseases. From portable ECG monitors to heart rate monitors and wearable defibrillators: These devices are vital for the diagnosis and management of cardiovascular diseases, which rank among the leading causes of morbidity and mortality worldwide. High cardiac disease prevalence and the elderly population are anticipated to drive the effort for advanced cardiology devices.
The gynecology segment is estimated to be the fastest growing segment during 2024–2032 due rise in women's health awareness and the development of monitoring technologies for gynecological disorders. As more attention is given to reproductive health, fertility tracking, and menstrual health, portable medical devices that fulfill particular gynecological requirements are beginning to see greater interest. Portable ultrasound machines, fertility monitors, and at-home STI kits (as well as hormonal level testing) are easier to access and even easier to use. In addition, the changing landscape of preventive health with a focus on personalized medicine is expected to provide opportunities for growth in this segment, and as a result, gynecology is anticipated to be an emerging vertical in the portable medical devices market.
BY END USE
The hospital segment led the market in 2023, accounting for 42.4% of global revenue. This predilection is largely propelled by the hospital environment being conducive for such type of acute patient care along with a need for constant monitoring and diagnostic tools. Hospitals remotely use a variety of portable medical devices, including point-of-care testing equipment, portable imaging machines, and patient monitoring systems beyond the hospital environment to support the clinical decision-making process and patient safety. Portable medical technologies will also find increased adoption as hospitals again take a lead role in portable technologies, due to healthcare complexity and technology drivers including growing market acceptance of home-based care for chronic patients who need regular monitoring.
The homecare settings segment is anticipated to register the fastest CAGR during 2024-2032 owing to the increased geriatric population and shift to decentralized healthcare. With both patients and healthcare providers understanding that self-care in the domicile can overcome some of the chronic disease burden, this will increase the need for those wearables for remote monitoring or even potentially at-home management of health conditions. Wearable health monitors, home diagnostic kits, and telehealth solutions are helping patients take control of their health with healthier habits leading to better compliance rates and better outcomes.
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North America dominated the portable medical devices market, accounting for 41% of the total share in 2023. The reasons for this stronghold include developed healthcare infrastructure, high healthcare spending, and quick adoption of innovative medical technologies in the region. High R&D Expenditure by Key Market Players: Continuous development in the medical device industry from key market players (e.g., Medtronic and Abbott Laboratories) results in continuous investments in research and development. In addition, the rising incidence of chronic diseases along with an increasing emphasis on remote patient monitoring in this region is expected to drive the market over the forecast period. To illustrate, rampant adoption of the Fitbit and Apple Watch in the U.S. signifies a more controlling approach to health and disease prevention in that region.
Asia Pacific region is likely to experience a substantial CAGR between 2024 and 2032 due to the swift population growth accompanied by improving disposal income & corresponding healthcare needs of people. Nations like India, and China are adopting better healthcare infrastructure which results in improving the accessibility of medical devices. Low-cost portable diagnostic devices are being introduced to make monitoring and management of health conditions at home easier in these markets, one example is analogical handheld ECG monitors from companies such as Philips or low-cost glucose meters made available by Roche with an initial price target keeping in line with economic standards. Telehealth services and mobile health apps are making a new standard for the treatment of patients, especially in rural areas where there are no healthcare facilities. Due to the increasing demand for portable medical devices in the Asia Pacific region as a result of improvements to sustainable healthcare accessibility and affordability, this will be one of the more lucrative segments in terms of market growth.
Some of the major players in the Portable Medical Devices Market are:
Medtronic (MiniMed 770G, Guardian Connect)
Abbott Laboratories (FreeStyle Libre, Proclaim XR)
Philips Healthcare (Lifeline, HeartStart)
Johnson & Johnson (OneTouch Verio, Acuvue Oasys)
Siemens Healthineers (ACUSON P500, Mobilett Elite)
Roche (Accu-Chek Guide, Elecsys)
Becton, Dickinson and Company (BD) (BD Veritor, BD FACS)
Omron Healthcare (Omron 10 Series, Omron Evolv)
GE Healthcare (Vscan Extend, MAC 2000)
Boston Scientific (LUX-Dx, WATCHMAN)
Cochlear Limited (Nucleus 7, Baha 5)
Nipro Corporation (B-Braun Infusion Systems, Insulin Delivery)
Zoll Medical Corporation (AED Plus, R Series)
ConvaTec (AQUACEL, Versiva)
Honeywell (Draeger, LifeSignals)
Masimo Corporation (Rad-97, MightySat)
Vital Connect (VitalPatch, VitalSigns)
Hearing Life (Lively, Bluetooth Hearing Aids)
Cardinal Health (Abbott FreeStyle, Ivantage)
Fresenius Kabi (Infusion Systems, Injectables)
In May 2024, Omron Healthcare India partnered with AliveCor India to market AI-based handheld electrocardiography (ECG) technology and atrial fibrillation (Afib) monitoring devices in India.
Royal Philips has introduced the Philips Image Guided Therapy Mobile C-arm System 9000 – Zenition 90 Motorized, set to debut at the 2024 Society for Vascular Surgery Annual Meeting in Chicago.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 63.56 Billion |
| Market Size by 2032 | USD 158.22 Billion |
| CAGR | CAGR of 10.70% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Diagnostic Imaging, Therapeutics, Monitoring Devices, Smart Wearable, Medical Devices) • By Application (Gynecology, Cardiology, Gastrointestinal, Urology, Neurology, Respiratory, Orthopedics, Others) • By End Use (Hospitals, Clinics, Ambulatory surgical centers, Homecare settings, Other end-users) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Medtronic, Abbott Laboratories, Philips Healthcare, Johnson & Johnson, Siemens Healthineers, Roche, Becton, Dickinson and Company (BD), Omron Healthcare, GE Healthcare, Boston Scientific, Cochlear Limited, Nipro Corporation, Zoll Medical Corporation, ConvaTec, Honeywell, Masimo Corporation, Vital Connect, Hearing Life, Cardinal Health, Fresenius Kabi |
| Key Drivers | • Rising Demand for Personalized Healthcare Fuels Growth in Wearable Technology and Portable Medical Devices • Remote Healthcare Demand and Advancements in Monitoring Devices Drive Growth in Portable Medical Solutions |
| Restraints | • Overcoming Regulatory and Data Security Challenges to Unlock Growth in the Portable Medical Devices Market |
Ans: The Portable Medical Devices Market is expected to grow at a CAGR of 10.70% during 2024-2032.
Ans: Portable Medical Devices Market size was USD 63.56 billion in 2023 and is expected to Reach USD 158.22 billion by 2032.
Ans: The major growth factor of the Portable Medical Devices Market is the increasing demand for remote patient monitoring and personalized healthcare solutions, driven by the rise in chronic diseases and advancements in technology.
Ans: The Monitoring Devices segment dominated the Portable Medical Devices Market in 2023.
Ans: North America dominated the Portable Medical Devices Market in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Portable Medical Devices Unit Sales Volume, by Region, (2020-2023)
5.2 Portable Medical Devices Technology Advancements, by Region, (2020- 2023)
5.3 Portable Medical Devices Customer Adoption Rate, by Region
5.4 Portable Medical Devices Regulatory Approvals, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Portable Medical Devices Market Segmentation, by Product
7.1 Chapter Overview
7.2 Diagnostic Imaging
7.2.1 Diagnostic Imaging Market Trends Analysis (2020-2032)
7.2.2 Diagnostic Imaging Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Therapeutics
7.3.1 Therapeutics Market Trends Analysis (2020-2032)
7.3.2 Therapeutics Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Monitoring Devices
7.4.1 Monitoring Devices Market Trends Analysis (2020-2032)
7.4.2 Monitoring Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Smart Wearable Medical Devices
7.5.1 Smart Wearable Medical Devices Market Trends Analysis (2020-2032)
7.5.2 Smart Wearable Medical Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Portable Medical Devices Market Segmentation, by Application
8.1 Chapter Overview
8.2 Gynecology
8.2.1 Gynecology Market Trends Analysis (2020-2032)
8.2.2 Gynecology Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Cardiology
8.3.1 Cardiology Market Trends Analysis (2020-2032)
8.3.2 Cardiology Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Gastrointestinal
8.4.1 Gastrointestinal Market Trends Analysis (2020-2032)
8.4.2 Gastrointestinal Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Urology
8.5.1 Urology Market Trends Analysis (2020-2032)
8.5.2 Urology Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Neurology
8.6.1 Neurology Market Trends Analysis (2020-2032)
8.6.2 Neurology Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Respiratory
8.7.1 Respiratory Market Trends Analysis (2020-2032)
8.7.2 Respiratory Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Orthopedics
8.8.1 Orthopedics Market Trends Analysis (2020-2032)
8.8.2 Orthopedics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.9 Others
8.9.1 Others Market Trends Analysis (2020-2032)
8.9.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Portable Medical Devices Market Segmentation, by End Use
9.1 Chapter Overview
9.2 Hospitals
9.2.1 Hospitals Market Trends Analysis (2020-2032)
9.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Clinics
9.3.1 Clinics Market Trends Analysis (2020-2032)
9.3.2 Clinics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Ambulatory surgical centers
9.4.1 Ambulatory surgical centers Market Trends Analysis (2020-2032)
9.4.2 Ambulatory surgical centers Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Homecare settings
9.5.1 Homecare settings Market Trends Analysis (2020-2032)
9.5.2 Homecare settings Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Other end-users
9.6.1 Other end-users Market Trends Analysis (2020-2032)
9.6.2 Other end-users Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Portable Medical Devices Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.4 North America Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.5 North America Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.6.2 USA Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6.3 USA Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.7.2 Canada Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7.3 Canada Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.2.8.2 Mexico Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8.3 Mexico Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Portable Medical Devices Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.6.2 Poland Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6.3 Poland Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.7.2 Romania Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7.3 Romania Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Portable Medical Devices Market Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Portable Medical Devices Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.4 Western Europe Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.5 Western Europe Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.6.2 Germany Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6.3 Germany Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.7.2 France Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7.3 France Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.8.2 UK Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8.3 UK Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.9.2 Italy Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9.3 Italy Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.10.2 Spain Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10.3 Spain Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.13.2 Austria Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13.3 Austria Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Power Management Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Portable Medical Devices Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.4 Asia Pacific Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.5 Asia Pacific Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.6.2 China Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6.3 China Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.7.2 India Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7.3 India Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.8.2 Japan Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8.3 Japan Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.9.2 South Korea Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9.3 South Korea Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.10.2 Vietnam Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10.3 Vietnam Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.11.2 Singapore Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11.3 Singapore Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.12.2 Australia Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12.3 Australia Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Portable Medical Devices Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.4 Middle East Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.5 Middle East Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.6.2 UAE Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6.3 UAE Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Portable Medical Devices Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.4 Africa Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.5 Africa Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Portable Medical Devices Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.4 Latin America Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.5 Latin America Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.6.2 Brazil Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6.3 Brazil Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.7.2 Argentina Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7.3 Argentina Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.8.2 Colombia Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8.3 Colombia Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Portable Medical Devices Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Portable Medical Devices Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Portable Medical Devices Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11. Company Profiles
11.1 Medtronic
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
11.2 Abbott Laboratories
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
11.3 Philips Healthcare
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
11.4 Johnson & Johnson
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
11.5 Siemens Healthineers
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
11.6 Roche
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
11.7 Becton, Dickinson and Company (BD)
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
11.8 Omron Healthcare
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
11.9 GE Healthcare
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11.10 Boston Scientific
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product
Diagnostic Imaging
Therapeutics
Monitoring Devices
Smart Wearable Medical Devices
By Application
Gynecology
Cardiology
Gastrointestinal
Urology
Neurology
Respiratory
Orthopedics
Others
By End Use
Hospitals
Clinics
Ambulatory surgical centers
Homecare settings
Other end-users
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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