Global Portable Medical Devices Market Size & Outlook
Global portable medical devices market, 2018-2030 (US$M)
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Global portable medical devices market highlights
- The global portable medical devices market generated a revenue of USD 69,192.9 million in 2023 and is expected to reach USD 146,394.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.3% by 2030.
- In terms of segment, monitoring devices accounted for a revenue of USD 33,109.0 million in 2023.
- Smart Wearable Medical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 69,192.9 million |
| Market revenue in 2030 | USD 146,394.1 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Monitoring devices |
| Fastest growing segment | Smart Wearable Medical Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Wearable Medical Devices, Diagnostic Imaging, Therapeutics, Monitoring Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 39.4% of the global portable medical devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 1,098.3 million by 2030.
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Portable Medical Devices Market Scope
Portable Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global portable medical devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to portable medical devices market will help companies and investors design strategic landscapes.
Monitoring devices was the largest segment with a revenue share of 47.85% in 2023. Horizon Databook has segmented the Global portable medical devices market based on smart wearable medical devices, diagnostic imaging, therapeutics, monitoring devices covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Portable Medical Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Smart Wearable Medical Devices
- Diagnostic Imaging
- CT
- X-ray
- Ultrasound
- Endoscope
- Therapeutics
- Insulin Pump
- Nebulizer
- Oxygen Concentrator
- Image-guided Therapy Systems
- Monitoring Devices
- Fetal Monitoring
- Neonatal Monitoring
- Hemodynamic Monitoring Systems
- Vital Sign Monitors
- Cardiac Monitoring
- Holter Monitors
- Resting ECG System
- Stress ECG Monitors
- Event Monitoring Systems
- ECG Management Systems
- Neuromonitoring
- EEG Machines
- EMG Machines
- ICP Monitors
- MEG Machines
- Cerebral Oximeters
- Respiratory Montioring
- Capnographs
- Spirometers
- Peak Flow Meters
- Global Portable Medical Devices Application Outlook (Revenue, USD Million, 2018-2030)
- Gynecology
- Cardiology
- Gastrointestinal
- Urology
- Neurology
- Respiratory
- Orthopedics
- Others
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Target buyers of Global portable medical devices market databook
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Our clientele includes a mix of portable medical devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global portable medical devices market, including forecasts for subscribers. This global databook contains high-level insights into Global portable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global portable medical devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Portable medical devices market size, 2023 (US$M)
Global portable medical devices market share, by product, 2023 & 2030 (%, US$M)
Portable medical devices market: Opportunity assessment by country
Global portable medical devices market, by region, 2023 (US$M)
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