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GLOBAL PORTABLE DIAGNOSTIC DEVICE MARKET ANALYSIS

Global Portable Diagnostic Device Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Sep 2024
  • Code : CMI65
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Global Portable Diagnostic Device MarketSize and Trends

Rising need for early diagnosis is expected to drive the market

Need for medical diagnostic devices in remote or developing areas, where professional and expensive equipment are difficult to access, is primarily increasing the adoption of portable diagnostic device. Further, ease of access with commercial tablets & smartphones combined with provision of immediate results for laboratory analysis is also driving the global portable diagnostic devices market. Increasing private venture funding towards the development of new products and government support towards adoption of point of care device is also contributing towards growth in revenue generation in the global portable diagnostic device market.   

Portable diagnostic devices are primarily being adopted by healthcare professionals to personally administer the test to patients for epidemic diseases such as Hepatitis C. Higher efficiency and advantage of immediate results combined with ability to make timely decisions are some of the most appealing features increasing the adoption of portable diagnostic device.

Several challenges such as reducing discharge time for mobile equipment and data security were encountered in the global portable diagnostic device market. These challenges are constraining the growth of the market as most of the devices are not optimized with proper data security and safekeeping which leads to potential HIPAA violations. Also, establishing ‘Bring your own device’ (BYOD) is crucial to ensure patient safety. 

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