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Portable Medical Devices Market Share

  • Report ID: GMI8411
  • Published Date: Mar 2024
  • Report Format: PDF

Portable Medical Devices Market Share

The portable medical devices industry is fragmented in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel treatments with improved efficiency and cost-effectiveness are key market strategies for portable medical device manufacturers, driving competition and innovation in the portable medical devices industry. This emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced portable medical systems.
 

Portable Medical Devices Market Companies

Some of the eminent market participants operating in the portable medical devices industry include:

  • 3M Company
  • Abbott Laboratories
  • Baxter International
  • Becton, Dickinson and Company
  • Cardinal Health
  • Dentsply Sirona
  • Dexcom
  • DJO Global
  • Fitbit
  • Fresenius Medical Care
  • Garmin
  • Invacare Corporation
  • Johnson & Johnson
  • Masimo Corporation
  • McKesson Corporation
  • Medline Industries
  • Medtronic plc
  • Omron Healthcare
  • Roche
  • Royal Philips
  • Schiller AG
  • Siemens Healthineers
  • Stryker Corporation
  • Sunrise Medical
  • Withings
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Portable medical devices industry was valued at over USD 62.2 billion in 2023 and is estimated to register a CAGR of 9.8% between 2024 and 2032, driven by the growing demand for home healthcare services, the rising prevalence of chronic conditions, and wider acceptance of wearable health technology.

The cardiology application segment was worth USD 13.9 billion in 2023 and is expected to register a strong CAGR from 2024 to 2032, led by the increasing prevalence of cardiovascular diseases, and the emergence of wearable cardiac monitoring devices.

North America portable medical devices industry was valued at USD 26.7 billion in 2023 and is poised to grow rapidly by 2032, driven by high penetration of diagnostic, therapeutic, and monitoring portable medical devices for disease management, alongside the presence of well-defined regulatory pathways for medical device approval.

Abbott Laboratories, Becton, Dickinson, and Company (BD), Boston Scientific Corporation, Cerner Corporation, Dexcom, Inc., General Electric Company (GE Healthcare), Johnson & Johnson are some of the major industry contenders.

Portable Medical Devices Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 755
  • Countries covered: 22
  • Pages: 330
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