Global Portable Medical Devices Market Revenue And Industry Forecasts Till, 2018-2025

-
Global Portable Medical Devices Market size is expected to reach USD 85.3 billion By 2025. It is anticipated to expand at a CAGR 8.7% over the forecast period, according to a new report by Radiant Insights, Inc. The market is majorly driven by increasing adoption of portable therapeutics, diagnostics, and monitoring devices in healthcare facilities. Growing usage ofsmall, lightweight, and handheld devices such as spirometers that help in diagnosing the respiratory diseases is anticipated to providea significant traction to global market in the forthcoming years.
Furthermore, upward trend of preventive healthcare and subsequently rising adoption of smart wearables are among other factors boosting growth of the marketfor portable medical devices. Fitness trackers and smart watches exhibit features that offer healthcare benefits. Wearables compute data from day to day activities of users. This data can be used by the physicians to decide a treatment plan.
Rising geriatric population coupled with high prevalence of chronic diseases is also projected to boost the market. Rising adoption of portable devices such as cardiac monitoring, respiratory monitoring, and image-guided therapy systems for the management of chronic conditions such as diabetes, cardiovascular diseases, and respiratory diseases is anticipated to bode well for market growth in near future. According to the American Cancer Society (ACS) estimates from 2012, the global incidence of cancer is expected to reach nearly 21.7 million by 2030. This is anticipated to drive demand for advanced imaging and therapeutic technologies, which, in turn,is expected to drive the portable medical devices market.
Further key findings from the report suggest: 
• In 2017, monitoring devices held the largest market share in terms of revenue owing to increasing adoption of monitoring systems by hospitals, clinics, and other healthcare facilities for better disease management
• Smart wearable devices segment is expected to expandat the fastest CAGR 19.0%over the forecast period owing to a rising focus on preventive healthcare
• Other applicationsheld the largest market share in 2017. Gynecology segment is anticipated to expand at the fastest CAGR over the forecast period
• North America accounted for the largest revenue shareof 41.7% in 2017 owing to high adoption of technologically advanced devices and high treatment rates. However, Asia Pacific is expected to register the fastest CAGR over the forecast period
• Key players in the portable medical devices market include General Electric Company, OMNOR Corporation, VYAIRE, SAMSUNG, Koninklijke Philips N.V., Medtronic, F.Hoffmann-La Roche Ltd, and Nox Medical

Comments

Post a Comment

Popular posts from this blog

Global Differential Thermal Analyzer Industry Sales & Share by Company, 2019 - 2024

-
The 'Global Differential Thermal Analyzer (DTA) Market Outlook 2019-2024' offers detailed coverage of differential thermal analyzer industry and presents main market trends. The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading differential thermal analyzer producers to provide exhaustive coverage of the market for differential thermal analyzer. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography. Download free sample copy of "Global Differential Thermal Analyzer (DTA) Market" report @  https://www.radiantinsights.com/research/global-differential-thermal-analyzer-dta-market-outlook-2019-2024/request-sample The report has been prepared based on an in-depth market analysis with inputs from key industry participants. The global differential thermal analyzer market has been segmented into five major regi...
Read more

Global Incident Response System Market Key factors of long term success

-
Incident Response System market, analyzes and researches the Incident Response System development status and forecast in United States, EU, Japan, China, India and Southeast Asia.  Get free request sample copy @  https://www.radiantinsights.com/research/global-incident-response-system-market-size-status-and-forecast-2022/request-sample This report focuses on the top players in global market, like •  Amazon.com • Cisco • ESRI • Honeywell • IBM • Lockheed Martin • Rockwell Collins • Acronis • Asigra • Fujitsu • Nasuni • NetApp • DFLabs • Hexadite • FireEye • HP • Veritas Technologies • Commvault Market segment by Regions/Countries, this report covers • United States • EU • Japan • China • India • Southeast Asia Market segment by Type, Incident Response System can be split into • Geospatial Technologies • Backup and Disaster Recovery Solutions • Threat Management Systems • Surveillance Systems Market segment...
Read more

Robotic General Surgery Market Share And Industry Trends, Forecasts Till, 2023 to 2028: Innovation Market Research

-
Innovation Market Research, offers a comprehensive analysis of key market trends in the global  Robotic General Surgery market . It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. Global markets continue to sink as the coronavirus spreads, reaching over 200 countries in total by the end of March. Now the outbreak continued to grow, as the number of cases in USA, Italy, Spain, Germany, France all spiked, Europe and USA have now become the epicenter of the outbreak, Cases in China appear have steadied in April, but there’s growing concern about the overall impact to the global market. In China market, which experienced a difficult 2019 due to slowing domestic consumption and the impact of the Sino-US trade war, is once again facing more disruption and uncertainty at the hands of the coronavirus pandemic. Sales and consumption all fell in the first quarter of 2020, c...
Read more