- The key vendors in the Global Portable Medical Devices Market 2015-2019 are Abbott Laboratories, Covidien Plc, GE Healthcare, Medtronic Inc., Omron Healthcare, Philips Healthcare, Roche Diagnostics and Siemens Healthcare.
London, 10 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Portable Medical Devices Market 2015-2019. The use of wireless technologies is a major trend emerging in the market. In addition, innovation and advances in technologies to meet connectivity, mobility, and portability needs have resulted in the invention of the next generation of devices that can charge themselves using atmospheric O2. The Global Portable Medical Devices market is expected to post a CAGR of 8.19 percent during the forecast period of 2014-2019.
The Global Portable Medical Devices market is the fastest growing market in the Healthcare sector. The market has great potential to grow in emerging countries, especially countries in the APAC region. The market vendors are focusing on developing new and advanced products that are safe, easy to use, widely available, cost-effective, and have enhanced features such as high performance. In addition, the incorporation of nanotechnology in wireless portable medical devices is expected to boost the market during the forecast period.
“Advances in semiconductors drive the advances in medical devices, especially portable devices. Advances in semiconductor technology increase the use of portable medical devices, with greater ease of use and affordability,” says Faisal Ghaus, Vice President of TechNavio Research.
“Advances in technology have also been able to overcome issues with wired data collection omitting data collected from multiple connections.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
