Portable Medical Devices Market Global Forecast and New Trend by 2018

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MarketsandMarkets Presents
Portable Medical Devices Market By Equipment
(Cardiac, Respiratory, Hemodynamic, Fitness
Wellness, Independent Ageing, Insulin pumps,
Ultrasound), Semiconductor Components (Memory,
PMIC, Processor, Display, Sensor,
Connectivity)-2018 The total market is expected
to cross 20billion by 2018, at a double digit
CAGR from 2013 to 2018. Real time patient
monitoring and care have become the crux of the
healthcare industry. Hence, more and more medical
equipment is being integrated with wireless
connectivity technologies to keep track of the
patients status.
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Portable medical devices market by semiconductor
components includes memory, displays, processors,
sensors, PMIC and Display Driver IC. This market
by geography includes North America, Europe, APAC
and ROW. At present, North America has the
largest market share among all the segments in
the mobile cardiac monitor market. APAC Region
will grow at a high CAGR for the forecast period.
Some of the drivers for the growth in this region
are improvement in healthcare infrastructure,
growth of disposable income and high prevalence
of cardiac disease in this region. Sample pages
of the Report http//www.marketsandmarkets.com/r
equestsample.asp?id1204 The portable medical
devices are generally used for measuring
monitoring data in combination with display or
representation of the data on a mobile computing
device, typically a smart-phone or a tablet.
Mobile medical devices have brought dynamism to
the portable medical devices industry with the
advent of superior wireless technology.
Incorporating wireless technology into portable
healthcare equipment has augmented healthcare
standards and helped in averting many dire health
situations. It has also increased patient
mobility, both at the hospital and at home
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North America holds the major share of the mobile
hemodynamic market in 2013. High rate of
technological advancement, encouraging
reimbursements and insurance policies are main
reasons behind the growth of these equipments in
this region. Increasing incidences of respiratory
diseases, government regulations, and issues like
pollution and habitual smoking are the main
drivers for the growth in this region. North
America and Europe are the major contributors to
the revenues in the others market. In the mobile
fitness and wellness market, North America and
Europe together account for 75 of the revenues
for 2013. This share is expected to decline with
the growth in APAC and ROW regions. Report
Information http//www.marketsandmarkets.com/Mar
ket-Reports/semiconductor-opportunities-mobile-hea
lthcare-market-1204.html Some of the major
players in the market are GE Healthcare (U.K.),
Philips Healthcare (The Netherlands), Roche
Diagnostics Limited (Switzerland), Medtronic
(U.S.), Abbott Laboratories (U.S.), Omron
Healthcare Inc (U.S.) and so on.
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telecommunications and IT.
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