Portable Medical Electronic Products (Home Healthcare) Market By Equipment (Blood Pressure Monitors, Cardiac Monitors, Heart Monitors, Respiratory Monitors, Ultrasound Medical Imaging and Pulse Oximeters) and End User (Nursing Homes, Hospitals, Physician Offices and Home Patient Settings) - Global Industry Analysis And Forecast To 2025
The portable medical electronic products show an enormous potential as far as applications, for example, medical therapeutics, diagnosis, fitness & wellness, and monitoring. The constant advancement of the creative electronic gadgets, minimal cost of the medicinal facilities, and the constant help by different governments is driving towards substantial investment in the innovative work in the healthcare sector and the portable medical products market. The innovative progressions including consolidation of the telemedicine technology, wireless technology, semiconductors, nanotechnology, microprocessors and consideration of segments, for example, ADC convertors, filters and amplifiers are also relied upon to drive the interest for the market further. Therefore, the Portable Medical Electronic Products (Home Healthcare) Market is anticipated to expand and has tremendous scope during the forecast period. The global Portable Medical Electronic Products (Home Healthcare) Market anticipated to flourish in the future by growing at a significantly higher CAGR.
On the basis of Equipment the market is segmented into Blood Pressure Monitors, Cardiac Monitors, Heart Monitors, Respiratory Monitors, Ultrasound Medical Imaging and Pulse Oximeters. The Cardiac Monitors section is leading the market due to increasing number of cases related to cardiovascular disorders, technical development related to the wireless technologies, increasing demand for the products by patients across the globe, etc.
On the basis of End User the market is segmented into Nursing Homes, Hospitals, Physician Offices and Home Patient Settings. The section Home Patient Settings is leading the market due to increasing demand for the patients for testing at the outpatient facility.
The North American region is leading the global Portable Medical Electronic Products (Home Healthcare) Market due to factor like; rising number of cases related to chronic disorders like cancer, cardiovascular, etc., increasing aged population, increasing popularity of these products, increasing disposable income with the people, well-developed healthcare sector, etc.
Portable Medical Electronic Products (Home Healthcare) Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Renesas Electronics Corporation
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?