Precision Business Insights has published a report on the global portable medical devices market, estimating its value at USD 63.7 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.0% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The market refers to the industry focused on compact, lightweight healthcare instruments designed for easy transport and use in various settings, including hospitals, clinics, ambulances, homes, and remote locations. These devices enable real-time monitoring, diagnosis, and treatment of medical conditions, offering convenience and accessibility to both healthcare professionals and patients.

The portable medical devices market is driven by several key factors that contribute to its growth and expansion:

• Increasing prevalence of chronic diseases – Conditions like diabetes, cardiovascular disorders, and respiratory illnesses are fueling demand for portable monitoring and diagnostic devices.
• Rising demand for home healthcare solutions – Patients prefer convenient, at-home medical care, boosting the adoption of portable medical technologies.
• Advancements in AI and telehealth – AI-powered diagnostics and remote healthcare solutions are enhancing the efficiency and accessibility of portable medical devices.
• Expansion of 5G-enabled medical devices – Faster connectivity improves real-time monitoring and data transmission, making portable devices more effective

The global portable medical devices market segmentation:
1) By Device Type: Diagnostic Imaging (X-ray, Endoscope, Ultrasound, Others), Neuromonitoring Devices (Electromyography (EMG) Machines, Electroencephalography (EEG) Machines, Others), Cardiac Monitoring Devices (Holter Monitors, ECG Management Systems, Others), Respiratory Monitoring (Capnography, Spirometers, Peak Flow Meters Fetal Monitoring, Neonatal Monitoring, Hemodynamic Monitoring Systems, Dialysis Equipment, CPAP Instruments, Others)
2) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Others

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Regional Overview:
The report also examines the current concerns and their Future Effects on the portable medical devices market by the region. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Philips Healthcare, GE Healthcare, Medtronic, Natus Medical, Omron Healthcare, Siemens Healthineers, Roche Diagnostics, ON Semiconductor, Samsung Healthcare

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