Portable Medical Electronic Products Market, By Products, By Application, By End User, By Geography

Description

The global portable medical electronic products market is estimated to be valued at USD 83.10 Billion in 2024 and is expected to reach USD 157.11 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 83.10 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	9.50%	2031 Value Projection:	US$ 157.11 Bn

Figure. Portable Medical Electronic Products Market Share (%), By Region, 2024

Portable Medical Electronic Products Market - IMG1

Global portable medical electronic products market has been witnessing steady growth over the past few years. Portable medical electronic products refer to miniaturized handheld devices that are used for the diagnosis, monitoring, or treatment of medical conditions. Some of the key portable medical electronic products include blood pressure monitors, blood glucose monitors, weight scales, pulse oximeters, ECG/EKG monitors, and portable ultrasound scanners. Growing aging population, increasing prevalence of chronic diseases, technological advancements, and rising healthcare expenditure are some of the primary factors driving the demand for portable medical electronic products. Moreover, increasing preference for home healthcare and Remote Patient Monitoring (RPM) is further accelerating the adoption of these portable devices.

Market Dynamics:

Rising geriatric population and the subsequent increase in the prevalence of chronic diseases like diabetes, hypertension, and cardiovascular diseases are the major growth drivers for this market. As per estimates, by 2050, over 16% of the world's population will be aged 65 years and above. Elderly people tend to suffer more from chronic illnesses, thereby propelling the need for frequent health monitoring which can be easily done using portable medical devices. However, high costs of technologically advanced portable devices especially those with connectivity features may restrict their adoption in price sensitive developing regions. On the other hand, the emergence of low-cost point-of-care diagnostics presents significant opportunities for market expansion. Also, ongoing trend of digitalization and internet of things is enabling the integration of connectivity into portable medical devices, which is set to open up new avenues over the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global portable medical electronic products market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global portable medical electronic products market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Medtronic, GE Healthcare, Roche Diagnostics, Philips Healthcare, Omron Healthcare and Lifescan

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global portable medical electronic products market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

By Products Insights (Revenue, USD Bn, 2019 - 2031)
- Diagnostic Imaging
- Monitoring Devices
- Others
By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Gynecology
- Cardiology
- Gastrointestinal
- Urology
- Neurology
- Respiratory
- Orthopedics
- Others
By End User Insights (Revenue, USD Bn, 2019 - 2031)
- Hospitals
- Physician Offices
- Homecare Settings
- Others
By Regional Insights (Revenue, USD Bn 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Abbott Laboratories
- Roche Diagnostics
- Medtronic plc
- Philips Healthcare
- Siemens Healthineers
- Johnson & Johnson
- Bayer AG
- Omron Healthcare, Inc.
- Fitbit, Inc. (now part of Google)
- Apple Inc.
- Garmin Ltd.
- Dexcom, Inc.
- Boston Scientific Corporation
- GlaxoSmithKline plc
- A&D Company, Limited
- Tandem Diabetes Care, Inc.
- Welch Allyn (Hillrom)
- Zebra Medical Vision Ltd.
- AliveCor, Inc.
- Stryker Corporation

Product Code: CMI7374

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Products
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter's Analysis

4. Global Portable Medical Electronic Products Market - Impact of Coronavirus (COVID-19) Pandemic

Overall Impact
Government Initiatives
COVID-19 Impact on the Market

5. Global Portable Medical Electronic Products Market, By Products, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Diagnostic Imaging
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Monitoring Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Cardiac Monitoring
Neuro Monitoring
Respiratory Monitoring
Other Monitoring Devices
Other Products
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Portable Medical Electronic Products Market, By Application, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Gynecology
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Cardiology
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Gastrointestinal
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Urology
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Neurology
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Respiratory
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Orthopedics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Portable Medical Electronic Products Market, By End User, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Physician Offices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Homecare Settings
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

8. Global Portable Medical Electronic Products Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- Regional Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Products, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Products, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - Brazil
  - Mexico
  - Argentina
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Products, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Products, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Products, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - GCC
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Products, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD Bn)
  - North Africa
  - Central Africa
  - South Africa

9. Competitive Landscape

Company Profiles
- Abbott Laboratories
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Roche Diagnostics
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Medtronic plc
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Philips Healthcare
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Siemens Healthineers
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Johnson & Johnson
- Bayer AG
- Omron Healthcare, Inc.
- Fitbit, Inc. (now part of Google)
- Apple Inc.
- Garmin Ltd.
- Dexcom, Inc.
- Boston Scientific Corporation
- GlaxoSmithKline plc
- A&D Company, Limited
- Tandem Diabetes Care, Inc.
- Welch Allyn (Hillrom)
- Zebra Medical Vision Ltd.
- AliveCor, Inc.
- Stryker Corporation

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact