Wireless Portable Medical Devices Market Growth 2021 Along with Business Insights and Forecast to 2027
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The Wireless Portable Medical Devices Market is expected to register a CAGR of 11.5% over the forecast period 2021 – 2027.
The study covers competitive landscape of top manufacturers are: Renesas Electronics Corporation, Texas Instruments, Omron, GE Healthcare, STMicroelectronics, Maxim Integrated, ON Semiconductor, Medtronic, Freescale Semiconductor, Analog Devices
GE Healthcare has acquired 29 companies, including 7 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 10 assets.
GE Healthcare’s largest acquisition to date was in 2021, when it acquired BK Medical Holding Company for $1.5B. It’s largest disclosed sale occurred in 2018, when it sold Centricity Contingent Staffing to Veritas Capital for $1.1B. GE Healthcare has acquired in 11 different US states, and 5 countries. The Company’s most targeted sectors include medical products (41%) and healthcare services (19%).
Global Wireless Portable Medical Devices Market Segmentation:
Segmentation By Type:
Digital Hearing Aid
Segmentation By Application:
Healthcare Monitoring Application
Rise in health and fitness awareness coupled with advent of new technologies such as Internet of Things (IoT), Big Data, and analytics in medical devices are the key factors that escalate the market growth. Furthermore, stressful and hectic lifestyle has resulted in the rise of several health disorders that again fuel the growth of the market.
In 2019, North America dominated the global portable medical devices market with noticeable revenue share of approximately 42%. This is mainly due to favorable government initiative to early diagnose disease and treat them. In addition, attractive insurance policies, technological advancement, and encouraging reimbursement are the other major factors responsible for the significant market growth in the region. Rising incidences of respiratory diseases due to habitual smoking and increasing problem of pollution has triggered the number of patients in the area that again escalates the demand for portable and advanced medical devices for proper diagnosis and treatment. Similarly, Europe is the other prime contributor in terms of revenue.
The Wireless Portable Medical Devices Market research offers an in-depth analysis of market growth and other factors in key nations (regions), including:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Highlights of Wireless Portable Medical Devices Market report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
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Table of Contents:
Global Wireless Portable Medical Devices Market Research Report 2021
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import
Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 7- Global Market Analysis by Application
Chapter 8 - Manufacturing Cost Analysis
Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 10 - Marketing Strategy Analysis, Distributors/Traders
Chapter 11- Market Effect Factors Analysis
Chapter 12- Global Wireless Portable Medical Devices Market Forecast
The Global Wireless Portable Medical Devices Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
Impact of Covid-19:
The influence of COVID-19 on market growth is considered in the research. The effect of the COVID-19 epidemic on the Wireless Portable Medical Devices Market and its major segments is enclosed in depth in this report. It also addresses the pandemic's present and future consequences, as well as a post-COVID-19 scenario to provide for a more in-depth knowledge of dynamic changes in the market.
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