World Portable Medical Electronic Products (Home Healthcare) Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773187
  • Report
  • Region: Global
  • Allied Analytics LLP
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Portable medical electronic devices are the electronic equipment used in healthcare industry for monitoring, operating managing medical conditions. The global market for minimal invasive medical device is expecting the growth of approximately $24 billion. Increase in the aging population, and rising healthcare costs are driving the growth for this market. Increase in technological advancement will affect the cost of medical devices, which is providing a competitive edge for the manufacturers. For example, Rapid technological advancement in semiconductor is providing large-scale integration and reduced power consumption for ECG devices. The growth of global market for portable medical electronic devices is hampered due to security concerns in the device, and connectivity problems.

Introduction of home healthcare services, telemedicine facilities and nanotechnology has given rise to numerous opportunities for portable medical electronic devices market. The companies involved in medical device manufacturing are continuously concentrating on the development of cost effective medical devices. This report provides an in-depth analysis of key strategies adopted by key companies involved in this market. The report also provides strategic conclusion for patents granted in last four years on portable medical devices.

Key companies included in company profiles are CareFusion Corporation, Abbott Laboratories, GE Healthcare, Medtronic, Inc., and Roche Diagnostics, Panasonic, Philips Healthcare, Roche Diagnostics, Siemens Healthcare, and Medtronic.

KEY BENEFITS

The market estimation made in this report is by collection of primary information from respective companies involved in manufacturing of medical devices, and analyzing secondary information about current trends for period 2013-2020
The report analyzes the key developmental strategies adopted by top ranking companies and tracking changes in trends for the adoption
Practical evaluation of key market drivers and restraints with impact analysis are explained in the report
Emphasis is laid on key factors impacting the growth of portable medical device market with value chain analysis and porter’s five forces model
Patent analysis for different geographies with key clinical trials

KEY MARKET SEGMENTS

BY END USERS

Hospitals
Nursing homes
Physicians offices
Homecare patient
Others

BY EQUIPMENTS

Respiratory products
Heart monitors
Pulse oximeter
Blood pressure monitors
Medical imaging
Others

BY GEOGRAPHY

North America
Europe
Asia-Pacific
RoW

KEY AUDIENCES

Pharmaceutical companies
Medical device manufacturers
Private research institutes
Academic Institutes



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