Report: Wireless Portable Medical Device Market
February 11, 2015 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Wireless Portable Medical Device Market by Technology, Component, Application, and Geography - Global Forecast to 2020" report to their offering.
In this report, communication technology used in wireless portable medical devices is categorized into BT/BLE, Wi-Fi, ZigBee, and ANT+
Each technology is analyzed both in terms of qualitative and quantitative aspect, and it includes all sub segments with detailed analysis. The competitive landscape section of the report primarily focuses on latest developments, and respective market share rankings of the key industry players in the wireless portable medical devices industry. In addition to that, the report entails emerging market trends, advancements in the technological space, market demand of the segments, key growth areas, market size, region-wise demand factors, and key competitors' analysis.
With the advent of advanced wireless technologies for portable medical devices the modern healthcare industry is witnessing an exponential growth in the market. The growth of global wireless portable medical device market is attributed to various technological advancements, integration of the healthcare industry with information technology and convergence with internet of things. Increasing urbanization, increasing ageing population, increasing income levels and awareness about fitness and wellness have catalyzed the growth of the wireless portable medical device market. In addition to that, an increasing demand for personalized healthcare has also fueled the growth.
Wireless portable medical devices exhibit a huge potential in terms of applications such as monitoring, medical therapeutics, diagnosis, and fitness and wellness. A continuous development of innovative electronic devices, low cost medical facilities, and continuous support by various governments is leading towards heavy investment in research and development in healthcare and the portable medical devices market.
In the medical electronics market, the sensors segment has captured the majority of the market share. Some of the major companies in wireless portable medical device market include GE Healthcare (U.K.), Maxim Integrated (U.S.), Texas Instruments (U.S.), STMicroelectronics N.V. (Switzerland), Freescale Semiconductor Inc. (U.S.), ON Semiconductor Corporation (U.S.), Philips Healthcare (Netherland), Omron Healthcare (Japan), Medtronic, Inc. (U.S.), Analog Devices (U.S.) and (Japan).
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