Portable
Medical Equipment Market will register a CAGR of % during 2020-2024.
The market’s growth momentum will Accelerate.
Rise in demand for portable medical devices | Increase in geriatric
population | Growing incidences of chronic diseases will be one of the major
factors driving the growth of this market. Additionally, key Portable Medical
Equipment Market trends such as the Increasing online presence of vendors |
Increasing patient preference for home-care patient monitoring | Advent of
wearable patient monitoring equipment and its increasing integration with
smartphones will also influence market growth during the forecast period.
Portable Medical Equipment Market Size
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growth and the market share of various regions
During the forecast period, the Portable Medical Equipment Market size will
grow by $ 23.46 bn.
Portable Medical Equipment Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the Portable Medical Equipment Market.
Though the forecast period offers opportunities for vendors to increase their
market share, factors such as the High cost of devices | Cybersecurity
threats | Stringent regulations will also challenge the growth of the
companies.
Abbott Laboratories | Carestream Health Inc. | General Electric Co. |
Koninklijke Philips NV | Medtronic Plc | OMRON Corp. | Samsung Electronics Co.
Ltd. | Siemens AG | Sonova Holding AG | Tandem Diabetes Care Inc..list
are some of the companies covered in Technavio’s Portable Medical Equipment
Market report for 2021-2025.
Portable Medical Equipment Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Portable Medical Equipment Market.
The North America will account for the largest Portable Medical Equipment
Market share and during 2021-2025, the region will contribute to 40% of
the market’s growth.
In addition to regions and the key companies involved, Technavio’s Portable
Medical Equipment Market report also analyzes the market by Patient
monitoring | Medical imaging | Others | North America | Europe | Asia | ROW.comma
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