Market Overview:
The global portable medical electronic products market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable medical electronic products due to their ease of use and portability, rising prevalence of chronic diseases, and technological advancements in portable medical electronic products. Based on type, the global portable medical electronic products market is segmented into respiratory products, heart monitors, pulse oximeters, blood pressure monitors, medical imaging devices (X-ray machines), and others (ECG machines and fetal Dopplers). Respiratory products are expected to account for the largest share of the global Portable Medical Electronic Products Market by type during the forecast period. This can be attributed to factors such as increasing incidence of respiratory diseases such as asthma and COPD globally; growing awareness about early diagnosis and treatment of respiratory diseases; rising adoption rates of homecare settings for treatment;and technological advancements in respiratory care devices.
Product Definition:
Portable medical electronic products are used to support and manage patients’ health. These products include devices such as heart monitors, blood pressure cuffs, and oxygen tanks, as well as software that helps doctors track patient health data. Portable medical electronic products are important because they allow patients to be monitored and treated remotely, which can improve patient outcomes.
Respiratory Products:
Respiratory products are used to help people with respiratory disorders. These devices include nebulizers, humidifiers, oxygen concentrators and ventilators among others. Portable medical electronic products that use respiratory devices as a growth factor include CPAP (Continuous Positive Airway Pressure) machines for obstructive sleep apnea, portable ventilators & positive airway pressure machines among others.
Heart Monitors:
The global heart monitors and it's usage in portable medical electronic products market size was valued at USD 6.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Increasing prevalence of cardiovascular diseases, growing geriatric population base, rising awareness levels about the use of these devices among consumers are some major factors that are expected to drive growth during the forecast period.
Application Insights:
Based on application, the market is segmented into hospitals, clinics, home care and others. The hospital segment dominated the global portable medical electronic products market in 2017 owing to increasing demand for technologically advanced devices that help improve patient outcomes. Portable medical electronics play a vital role in providing better healthcare services by monitoring and diagnosing patients¢â‚¬â„¢ condition continuously throughout their stay at the hospital or clinic.
The growing importance of data collection and analysis during clinical trials has led to an increased use of PEME devices for measuring various physiological parameters such as blood pressure, pulse oximeter readings & respiratory rates among others. These factors are anticipated to drive product demand over the forecast period 1).
Portable electrocardiograph (ECG) monitors are used by clinicians during cardiac catheterization procedures as they provide continuous real-time ECG monitoring without requiring any additional cables or connections 2).
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high awareness levels regarding the benefits of portable medical devices, and favorable reimbursement policies are some major factors responsible for its continued dominance over the forecast period. Europe is expected to be another lucrative region during the same period owing to increasing geriatric population base and rising incidences of chronic diseases such as respiratory failure, cardiac disorders, & blood pressure fluctuations.
Asia Pacific is anticipated to grow at a lucrative rate during the forecast period due to improving healthcare infrastructure in countries like India & China along with growing investments by international players for expanding their business operations within this region. Moreover, economic development coupled with government initiatives aimed at reducing disease burden would also help boost growth over coming years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Portable medical electronic products are finding increasing applications in minimally invasive surgeries. This is because of the benefits offered by these products such as smaller size, weight and easy maneuverability.
- Growing demand for telemedicine: Telemedicine is a rapidly growing field and portable medical electronic products are finding increasing applications in it. This is because of the advantages offered by these products such as portability, low weight and easy maneuverability.
- Increasing use of robots in surgery: Robots are increasingly being used in surgery and portable medical electronic products find many applications in them due to their small size, light weight and easy maneuverability features.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Medical Electronic Products Market Research Report
By Type
Respiratory Products, Heart Monitors, Pulse Oximeter, Blood Pressure Monitors, Medical Imaging, Others
By Application
Hospitals, Clinics, Home Care
By Companies
CareFusion Corporation, Abbott Laboratories, GE Healthcare, Medtronic, Inc., Roche Diagnostics, Panasonic, Philips Healthcare, Siemens Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Portable Medical Electronic Products Market Report Segments:
The global Portable Medical Electronic Products market is segmented on the basis of:
Types
Respiratory Products, Heart Monitors, Pulse Oximeter, Blood Pressure Monitors, Medical Imaging, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Home Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CareFusion Corporation
- Abbott Laboratories
- GE Healthcare
- Medtronic, Inc.
- Roche Diagnostics
- Panasonic
- Philips Healthcare
- Siemens Healthcare
Highlights of The Portable Medical Electronic Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Respiratory Products
- Heart Monitors
- Pulse Oximeter
- Blood Pressure Monitors
- Medical Imaging
- Others
- By Application:
- Hospitals
- Clinics
- Home Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Medical Electronic Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Portable medical electronic products (PMEPs) are devices that can be used to diagnose and treat medical conditions. They include portable digital assistants, such as the Apple iPad, and wearable health monitors, such as the Fitbit Flex. PMEPs can also include mobile apps that provide health information or allow patients to track their own health data.
Some of the major companies in the portable medical electronic products market are CareFusion Corporation, Abbott Laboratories, GE Healthcare, Medtronic, Inc., Roche Diagnostics, Panasonic, Philips Healthcare, Siemens Healthcare.
The portable medical electronic products market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Medical Electronic Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Portable Medical Electronic Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Medical Electronic Products Market - Supply Chain
4.5. Global Portable Medical Electronic Products Market Forecast
4.5.1. Portable Medical Electronic Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Medical Electronic Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Medical Electronic Products Market Absolute $ Opportunity
5. Global Portable Medical Electronic Products Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Medical Electronic Products Market Size and Volume Forecast by Type
5.3.1. Respiratory Products
5.3.2. Heart Monitors
5.3.3. Pulse Oximeter
5.3.4. Blood Pressure Monitors
5.3.5. Medical Imaging
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Medical Electronic Products Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Medical Electronic Products Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Home Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Medical Electronic Products Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Medical Electronic Products Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Medical Electronic Products Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Medical Electronic Products Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Medical Electronic Products Demand Share Forecast, 2019-2026
9. North America Portable Medical Electronic Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Portable Medical Electronic Products Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Medical Electronic Products Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Home Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Medical Electronic Products Market Size and Volume Forecast by Type
9.7.1. Respiratory Products
9.7.2. Heart Monitors
9.7.3. Pulse Oximeter
9.7.4. Blood Pressure Monitors
9.7.5. Medical Imaging
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Medical Electronic Products Demand Share Forecast, 2019-2026
10. Latin America Portable Medical Electronic Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Medical Electronic Products Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Medical Electronic Products Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Home Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Medical Electronic Products Market Size and Volume Forecast by Type
10.7.1. Respiratory Products
10.7.2. Heart Monitors
10.7.3. Pulse Oximeter
10.7.4. Blood Pressure Monitors
10.7.5. Medical Imaging
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Medical Electronic Products Demand Share Forecast, 2019-2026
11. Europe Portable Medical Electronic Products Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Medical Electronic Products Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Medical Electronic Products Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Home Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Medical Electronic Products Market Size and Volume Forecast by Type
11.7.1. Respiratory Products
11.7.2. Heart Monitos
11.7.3. Pulse Oximeter
11.7.4. Blood Pressure Monitors
11.7.5. Medical Imaging
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Medical Electronic Products Demand Share, 2019-2026
12. Asia Pacific Portable Medical Electronic Products Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Medical Electronic Products Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Medical Electronic Products Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Home Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Medical Electronic Products Market Size and Volume Forecast by Type
12.7.1. Respiratory Products
12.7.2. Heart Monitors
12.7.3. Pulse Oximeter
12.7.4. Blood Pressure Monitors
12.7.5. Medical Imaging
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Medical Electronic Products Demand Share, 2019-2026
13. Middle East & Africa Portable Medical Electronic Products Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Medical Electronic Products Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Medical Electronic Products Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Home Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Medical Electronic Products Market Size and Volume Forecast by Type
13.7.1. Respiratory Products
13.7.2. Heart Monitors
13.7.3. Pulse Oximeter
13.7.4. Blood Pressure Monitors
13.7.5. Medical Imaging
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Medical Electronic Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Medical Electronic Products Market: Market Share Analysis
14.2. Portable Medical Electronic Products Distributors and Customers
14.3. Portable Medical Electronic Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CareFusion Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Abbott Laboratories
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Healthcare
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medtronic, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Roche Diagnostics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Panasonic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Philips Healthcare
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Siemens Healthcare
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
