Global Portable Medical Devices Market Size & Outlook
The portable medical devices industry worldwide is expected to reach a projected revenue of US$ 146,394.1 million by 2030. A compound annual growth rate of 11.3% is expected of the worldwide portable medical devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$69,192.9
Forecast, 2030 (US$M)
$146,394.1
CAGR, 2024 - 2030
11.3%
Report Coverage
Worldwide
Global portable medical devices market, 2018-2030 (US$M)
Related Markets
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 segmentation & scope
Smart Wearable Medical Devices
CT
X-ray
Ultrasound
Endoscope
Insulin Pump
Nebulizer
Oxygen Concentrator
Image-guided Therapy Systems
Fetal Monitoring
Neonatal Monitoring
Hemodynamic Monitoring Systems
Vital Sign Monitors
Holter Monitors
Resting ECG System
Stress ECG Monitors
Event Monitoring Systems
ECG Management Systems
EEG Machines
EMG Machines
ICP Monitors
MEG Machines
Cerebral Oximeters
Capnographs
Spirometers
Peak Flow Meters
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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Our clientele includes a mix of portable medical devices market companies, investment firms, advisory firms & academic institutions.
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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 statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Portable medical devices market size, 2023 (USD Million)
Top 10 countries: Portable medical devices market size, 2023 (USD Million)
Global portable medical devices market, by region, 2023 (US$M)
Related regional statistics
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