Lung Disease Market Outlook & Key Companies
FAQ's
Answer : According to Precedence Research, the global portable medical devices market was valued at USD 40.06 billion in 2020 and is expected to reach USD 85.05 billion by 2027.
Answer : The global portable medical devices market is poised to grow at a CAGR of 11.35% during the forecast period 2020 to 2027.
Answer : Rising adoption of image-guided therapy systems and advanced smart wearable coupled with the on-going trend of real-time and accurate monitoring anticipated to propel the market growth.
Answer : Monitoring devices led the global portable medical devices market with a significant revenue share of around 50% in 2019.
Answer : Based on application, gynecology expected to witness lucrative growth rate in the coming years. Increasing adoption of imaging technologies and other portable monitoring systems in the gynecology application propel its growth.
Answer : In terms of revenue, North America dominated the global portable medical devices market accounting for nearly 41% of market value share in 2019.
Answer : The Asia Pacific is anticipated to expand at the highest CAGR of nearly 12% during the analysis period.
Answer : Some of the key players operating in the portable medical devices market are Samsung Group, General Electric Company, Koninklijke Philips N.V, VYAIRE, Nox Medical,OMRON Corporation, MedtronicPlc, and F. Hoffmann-La Roche Ltd. among others.