Portable medical devices are electronic equipment used for monitoring, operating, and managing a variety of medical conditions. These devices are becoming more and more portable, lightweight, and compact due to the advancements in technology. Portable devices have revolutionized the way in which people monitor and determine their own health and wellbeing.  

Market Dynamics:

Increasing prevalence of chronic diseases, rise in preference for home healthcare, growing geriatric population, the outbreak of COVID-19, and rise in adoption of portable medical devices are major factors expected to propel growth of the global portable medical devices market.

For instance, in July 2022, Fujifilm Europe announced the launch of a new flexible, hybrid C-arm and portable X-ray machine. The device, FDR Cross, is designed to offer high-quality fluoroscopic and static X-ray images during surgery and other medical procedures.

Moreover, in April 2022, Biotricity announced the launch of its Food and Drug Administration (FDA) cleared, wireless wearable cardiac monitoring device, Biotres. Biotres serves as a three-lead device designed to continuously record ECG data for early detection of cardiac arrhythmias, disrupting the conventional one-lead patch Holter monitor.

Key features of the study:

• This report provides in-depth analysis of the global portable medical devices market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global portable medical devices market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Siemens Healthineers, Medtronic Inc., Omron Healthcare, Koninklijke Philips, Abbott Laboratories, Hologic Inc., General Electric (GE Healthcare), Fujifilm Holdings Corporation, Samsung Electronics Co. Ltd. (Samsung Healthcare), and Becton, Dickinson and Company, among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global portable medical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global portable medical devices market.

Detailed Segmentation:

• Global Portable Medical Devices Market, By Products:
  • Diagnostic Imaging
  • Monitoring Devices
  • Other Products
• Global Portable Medical Devices Market, By End User:
  • Hospitals
  • Physician Offices
  • Homecare Settings
  • Other End Users
• Global Portable Medical Devices Market, By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Siemens Healthineers
  • Medtronic Inc.
  • Omron Healthcare
  • Koninklijke Philips NV
  • Abbott Laboratories
  • Hologic Inc.
  • General Electric (GE Healthcare)
  • Fujifilm Holdings Corporation
  • Samsung Electronics Co. Ltd. (Samsung Healthcare)
  • Becton, Dickinson and Company