Portable Medical Devices Market Forecast $20 Billion - 2018

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MarketsandMarkets Presents
Portable Medical Devices Market Forecast 20
Billion - 2018
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According to a new market research report
"Portable Medical Devices Market By Equipment
(Cardiac, Respiratory, Hemodynamic, Fitness
Wellness, Independent Ageing, Insulin pumps,
Ultrasound), Semiconductor Components (Memory,
PMIC, Processor, Display, Sensor, Connectivity)
(2013 2018)" published by MarketsandMarkets,
the total market is expected to cross 20billion
by 2018, at a double digit CAGR from 2013 to
2018. Browse gtgt 78
figures 107 slides and
in-depth TOC on Portable Medical Devices Market
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The proliferation of smart phones, tablets and
other mobile devices and the increasing demand
for connectivity among all these devices has
greatly influenced the healthcare industry.
Medical devices used for applications like
patient monitoring and data storage/transfer are
now being integrated with wireless technologies.
These mobile medical devices are an extension of
the portable medical devices, having incorporated
wireless communication capabilities (cellular,
Wi-Fi, Bluetooth, ZigBee, ANT and so on). 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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The report covers the Global Portable Medical
Devices Market and all its market aspects with
future opportunities, drivers, restraints and
others in detail.High penetration rates for
mobile devices across the world, availability of
a wide range of Medical Software Applications and
custom ICs being used for manufacturing
bringing down the device costs are the key
drivers behind the incredible growth of mobile
medical devices market. This report describes
different semiconductor components used in
portable and mobile healthcare equipment such as
memory, displays, processors, sensors, PMIC,
display driver IC and connectivity IC. The major
contributors to the semiconductor revenue of
mobile cardiac monitor market are memory and
processor. In mobile hemodynamic monitor market,
processor and PMIC are the major contributors to
the semiconductor revenue in 2013.
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Processor will contribute 23 to semiconductor
revenues of mobile hemodynamic monitor market as
of 2013 while PMIC will contribute 20.
Connectivity will contribute 37 to semiconductor
revenues as of 2013 while display will contribute
17 in the in the mobile respiratory monitor
market. Display and Memory components of the
equipment contribute to more than 62 of the
total semiconductor cost of mobile ultrasound and
insulin market in 2013. Semiconductor components
contribute to roughly 58 of the end device cost
in the fitness and wellness market. In
independent aging healthcare products, roughly
31 of the semiconductors are for connectivity,
while 19 are for display and processors as of
2013.
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This report also covers the major healthcare
equipment in the portable medical devices market
which includes cardiac monitors, hemodynamic
monitors, respiratory monitors, Fitness
Wellness, Independent Aging and Others. The two
major segments which contribute the major chunk
of the revenues in the overall market are cardiac
monitors and independent ageing. Mobile cardiac
monitor market is estimated to grow at a CAGR of
higher than the mobile independent ageing
products market from 2013 to 2018. This report
describes the overall portable medical devices
market into four major geographical segments,
namely, North America, Europe, Asia-Pacific
(APAC), and ROW. North America is the largest
contributor in almost five segments of mobile
healthcare market. In the Independent ageing
segment, Europe is estimated to contribute the
largest share of revenues from 2013 to 2018. APAC
is the emerging market where countries like
China, Japan, Taiwan, South Korea, etc will be
the most striking future markets for portable
medical devices.
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