Global Portable
Medical Devices
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
Future Market Insights
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Report
Description
Report Description
The portable medical devices market encompasses all healthcare associated diagnostic
and therapeutic medical devices that are miniature in nature and can be easily
transported from one location to another without any inconveniences. The market for
portable devices has evolved greatly over the years particularly due to miniaturization of
electronic components. Low power consumption technology has also greatly helped in
developing portable technologies. As the world has begun shrinking due to increased
connectivity, telemedicine, home-care and remote monitoring have become familiar
terms with modern healthcare. Several factors led to the increasing need for portable
devices, of which the major impact factors include increasing demand for diagnostics in
remote areas of the world where a significant population continues to reside, increasing
number of emergency medical services such as ambulances and helicopters that are
required to be well equipped, military medicine for on-field applications and aging
population that has begun to feel the pressure of moving to and fro from hospitals for
simple diagnostic procedures. In a field like healthcare, the upcoming markets such as
wearable medical devices and smart wearable sensors have culminated in the large
revenue generation since the past several years which is expected to continue in the
coming years as well.
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Several government initiatives to reduce the hospitalization time for patients has begun
over the world and particularly in North America primarily enforced due to high
healthcare expenditure that the government has had to...