The global portable medical devices market is projected to grow at a CAGR of 8.2% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the rising prevalence of chronic diseases coupled with the emergence of new and hassle-free portable medical devices. A significant rise in the prevalence of chronic diseases such as respiratory diseases, diabetes, and others has surged the demand for medical devices including portable devices for the monitoring, diagnosing, treatment of such diseases is likely to aid the growth of the market. On the other hand, the increased adoption of smart wearable devices and other portable technologies that keeps a track of the physical activities of patients in real-time is likely to create lucrative growth opportunities for the market during the forecast period. Moreover, the key feature that remote patient monitoring offers is the reduced healthcare costs, which again, is likely to encourage the demand in the near future.

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The global portable medical devices market is segmented on the basis of product type and end-users. Based on the product type, the market is segmented as monitoring devices, diagnosing devices, therapeutic devices, and fitness & wellness devices. Based on the end-users, the market is segmented as hospitals, clinics, home care, and others.

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The global portable medical devices market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the Portable Medical Devices market in the region. The regional growth of the market is accredited to the improving healthcare infrastructure in the region. Enhanced adoption of smart wearable for monitoring health along with the rising trends of fitness and wellness in the country. Also, the key companies are expanding their businesses to the untapped regions in emerging economies such as India and China, which further supports the growth of the market. Besides, the support of the government providing better healthcare facilities including portable medical devices is also driving the market growth in the region.

Global Portable Medical Devices Market – Segmentation
by Product Type
Monitoring Devices
Diagnosing Devices
Therapeutic Devices
Fitness & Wellness Devices
by End-User
Hospitals
Clinics
Homecare
Others

Global Portable Medical Devices Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Abbott Laboratories Inc.
CareFusion Corp.
Covidien Plc
F. Hoffmann-La Roche AG
Freescale Semiconductor Inc.
GE Healthcare
Maxim Integrated
Medtronic Plc
Natus Medical Inc.
Omron Corp.
ON Semiconductor Corp.
Philips Healthcare NV
Qualcomm Technologies, Inc.
Renesas Electronics Corp.
Samsung Electronics Co., Ltd.
Siemens Healthineers AG
STMicroelectronics N.V.
Texas Instruments Inc.

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