Global Portable Medical Equipment Market 2021-2025

Global Portable Medical Equipment Market 2021-2025

The publisher has been monitoring the portable medical equipment market and it is poised to grow by $ 23.46 bn during 2021-2025 progressing at a CAGR of 10% during the forecast period. The report on portable medical equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in demand for portable medical devices, increase in geriatric population, and growing incidences of chronic diseases. In addition, rise in demand for portable medical devices is anticipated to boost the growth of the market as well.

The portable medical equipment market analysis includes product segment and geographical landscapes.

The portable medical equipment market is segmented as below:

By Product

• Patient monitoring
• Medical imaging
• Others

By Geographical Landscapes

• North America
• Europe
• Asia
• ROW

This study identifies the increasing online presence of vendors as one of the prime reasons driving the portable medical equipment market growth during the next few years. Also, increasing patient preference for home-care patient monitoring and advent of wearable patient monitoring equipment and its increasing integration with smartphones will lead to sizable demand in the market.

The report on portable medical equipment market covers the following areas:

• Portable medical equipment market sizing
• Portable medical equipment market forecast
• Portable medical equipment market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading portable medical equipment market vendors that include Abbott Laboratories, Carestream Health Inc., General Electric Co., Koninklijke Philips NV, Medtronic Plc, OMRON Corp., Samsung Electronics Co. Ltd., Siemens AG, Sonova Holding AG, and Tandem Diabetes Care Inc.. Also, the portable medical equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.