Portable Medical And Healthcare Devices Market Price Trends, and Forecast 2022-2027

IMARC Group’s latest research report, titled “Portable Medical and Healthcare Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” The market is expected to reach a value of US$ 117.3 Billion, growing at a CAGR of 17.1% during 2022-2027. offers a comprehensive analysis of the industry, which comprises insights on the portable medical and healthcare devices market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Portable medical and healthcare devices are equipment that are widely utilized to monitor and treat medical conditions. They include numerous devices, such as a blood pressure cuff and portable electrocardiogram (ECG) machine, that are used to monitor a variety of vital signs, including heart rate, blood pressure, oxygen levels, and blood sugar. Additionally, they are adopted to administer insulin, monitor glucose levels, and even deliver electric shocks to the heart in an emergency situation. They are becoming increasingly popular across the globe as they allow for more convenient and cost-effective management of medical conditions.

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Market Growth and Demand:

The escalating healthcare expenditure majorly drives the global market. Apart from this, the rising prevalence of chronic diseases among the masses is a major driving factor. With the growing demand for health services across rural and geographically extended locations, there has been a considerable rise in the demand for portable medical and healthcare devices. Along with this, the widespread adoption of these devices as they offer a more cost-effective alternative to conventional medical treatment and can be used to reduce overall healthcare costs, which, in turn, is propelling the market globally. Apart from this, leading manufacturers are developing smaller and more efficient medical and healthcare devices that can be used in remote and hard-to-reach locations is creating a positive market outlook.

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Key Players of the Global Portable Health Monitoring Devices Market:

• Philips Healthcare
• GE Healthcare
• Abbott Laboratories
• Fitbit Inc
• Garmin
• Medtronic

Key Market Segmentation:

Breakup by  Device Type:

• Segmentation by Device Type:
• Medical monitoring devices
• Vital Signs Monitoring Devices
• Foetal Monitoring Devices
• Neuromonitoring Devices
• Blood Glucose Monitoring Devices
• Anaesthesia Monitoring Devices
• Wearable health and fitness devices
• Smart Wrist-Wearables
• Smart Garments
• Chest Straps

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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