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Report
Portable Medical Electronic Products: Technologies and Global Markets
Market Research Report I 2022-09-15 I 170 Pages I BCC Research
Description
Report Scope:
For this report, BCC Research has analyzed each product market and its applications, regulatory environment, technology, market projections and market shares. The emerging market for PMEPs includes countries and regions such as the U.S., Canada, Germany, U.K., Spain, Italy, France, India, China and Japan.
Report Includes:
- 23 data tables and 50 additional tables
- An up-to-date overview and analysis of the global markets for portable medical electronic products (PMEPs) and technologies within the industry
- Analyses of the global market trends, with market revenue data for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and market forecast for portable medical electronic products in USD million values, and corresponding market share analysis based on type, portability, end-user, and geographic region
- In-depth information (facts and figures) concerning market drivers, market deterrents and other macroeconomic forces affecting the future market outlook
- Highlights of the current and future market potential of portable medical electronic products along with a detailed analysis of the competitive environment, market growth trends and regulatory dynamics
- Review of the recent patents published and granted on portable medical electronic products and technologies
- Insight into the recent PMEP industry structure, vendor landscape, increasing investment on R&D activities, key growth strategies, and company revenue share analysis
- Descriptive company profiles of the leading global players, including Abbott, Baxter International, General Electric, Omron Corp. and Smith & Nephew
Executive Summary
Summary:
Portable medical equipment products (PMEPs) constitute a significant portion of the medical device industry. These devices can broadly be categorized into products for diagnosis and testing, therapy, and first aid and other applications. These portable devices are used in various healthcare applications and are differentiated based on size, degreeof portability and type of end user.
Discoveries and inventions that have occurred over the past five decades represent the basicbuilding blocks of the portable medical electronics industry. Portable emergency devices such as ventilators and defibrillators have revolutionized the healthcare industry. Historically, the termmedical electronics was used to indicate not only electronic equipment and devices (including implants) for patient care, but also for a variety of related electronichealthcare services (such as remote patientmonitoring, telemedicine and wireless technologies).
Ongoing miniaturization in electronics is taking place in many sectors, including healthcare.Many commercially available medical devices and systems contain microprocessors and electronic circuits. Driving forces for the PMEPmarket include the increasing prevalence of various diseases due to lifestyle and environmental changes, a rapidly growing elderly population, rising healthcare costs and increasing demand fordevices that can be used for remote patientmonitoring and home care.
PMEPs have been accepted in the global healthcare industry due to their benefits, such as reliability, efficiency and convenience. They have become indispensable tools forproviding immediate relief to patents in small and even large healthcare facilities. Majormanufacturers of PMEPs include Philips Healthcare, Panasonic Corp., Abbott Laboratories, HitachiMedical Corp.,GNResound, Smith& Nephew, Nipro Diagnostics, GE Healthcare andMedtronic Inc.
The global market for PMEPs is expected to be around REDACTED by 2021, growing at a CAGRof REDACTED over the forecast period. In 2021, North Americawas the leading consumerof PMEPs,with REDACTED, followed by the European and Asia-Pacific markets. The Europeanmarketwas valued at REDACTED in2021 and reached close to REDACTED in 2027. The market forportable medical equipment in general is growing due to innovation in devices and techniques,which leads to better quality of treatment. PMEPs are used in large and small healthcare facilities and in home care. In 2021, the home care market was the largest end-userma rketwith REDACTED.
Table of Contents
Chapter 1 Introduction
1.1 Study Goals and Objectives
1.2 Reasons for Doing This Study
1.3 Scope of Report
1.4 Methodology and Information Sources
1.5 What's New in This Update?
1.6 Geographic Breakdown
1.7 Analyst's Credentials
1.8 BCC Custom Research
1.9 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Dynamics and Technology Background
3.1 Overview
3.2 Miniaturization and Portability
3.3 Benefits of Portability in Medical Devices
3.4 Requirement for Portability in Medical Devices
3.5 Role of Semiconductors in Medical Devices
3.6 Basic Design
3.6.1 Data Acquisition Systems and Signal Conversion
3.6.2 Microprocessors
3.6.3 Power Supplies and Power Management
3.6.4 Memory Units
3.6.5 Displays and Audio Interfaces
3.6.6 Wired and Wireless Interfaces
3.6.7 Circuit Boards and Packaging
3.7 Classification of Portable Medical Electronic Products
3.7.1 PMEPs Used for Diagnosis and Testing
3.7.2 PMEPs Used for Therapy
3.7.3 PMEPs Used for First Aid and Other Applications
Chapter 4 Regulatory Aspects
4.1 Overview
4.2 Europe
4.3 United States
4.4 Japan
4.5 Pre-market Approval for Portable Medical Devices
4.5.1 Diagnosis and Testing
4.6 Recalls
4.6.1 Class I Recalls
4.6.2 Class II Recalls
4.6.3 Class III Recalls
Chapter 5 Current Market Scenario and New Developments
5.1 Overview
5.2 Factors Affecting Portable Medical Equipment Products
5.2.1 Market Drivers for PMEPs
5.2.2 Market Restraints for PMEPs
5.2.3 Market Opportunities
5.3 New Developments
5.3.1 New Product Launches
5.3.2 Healthcare Reform and Affordability
5.3.3 Preventive Care and Opportunities
5.3.4 Emerging Markets and Growth
5.3.5 Consumer Devices and Technologies
5.3.6 Mobile Devices and Apps
5.3.7 Mergers and Acquisitions
Chapter 6 Impact of COVID-19 Pandemic
6.1 Introduction
6.2 Outbreak
6.3 Symptoms of COVID-19
6.4 Progression of COVID-19
6.5 Incubation Period
6.6 Epidemiology
6.6.1 Global Confirmed COVID-19 Cases and Deaths
6.6.2 Collaboration between Organizations and Governments
6.6.3 Spread of Virus
6.7 Impact on Medical Device Market
6.7.1 Elective and Noncritical Procedures
6.7.2 Shift in Manufacturing
6.7.3 Regulatory Delays, Clinical Trials, and Product Launches
6.7.4 Supply Chain Disruptions
6.7.5 Medical Tourism
6.7.6 Device Shortage Lists
6.8 Impact on Portable/Wireless Medical Device Market
Chapter 7 Market Analysis
7.1 Introduction
7.2 Market by Type
7.2.1 Market Overview
7.2.2 Market Revenue
7.2.3 Market Share
7.2.4 PMEPs Used for Diagnosis and Testing
7.2.5 PMEPs Used for Therapy
7.2.6 PMEPs Used for First Aid and Other Applications
7.3 Market by Portability
7.3.1 Market Overview
7.3.2 Market Revenue
7.3.3 Market Share
7.3.4 PMEPs Used for Diagnosis and Testing
7.3.5 PMEPs Used for Therapy
7.3.6 PMEPs Used for First Aid and Other Applications
Chapter 8 Global Market by End User
8.1 Introduction
8.2 Global Market for Portable Medical Equipment by End User
8.2.1 Market Share
8.2.2 PMEPs Used for Diagnosis and Testing
8.2.3 PMEPs Used for Therapy
8.2.4 PMEPs Used for First Aid and Other Applications
Chapter 9 Global Market by Region
9.1 Introduction
9.2 Market Overview
9.3 Market Revenue
9.4 North America
9.5 Europe
9.6 Asia-Pacific
9.7 Rest of the World
Chapter 10 Industry Structure
10.1 Overview
10.2 Patent Analysis
Chapter 11 Company Profiles
ABBOTT
ARKRAY INC.
B. BRAUN MELSUNGEN AG
BAXTER INTERNATIONAL
BAYER
BECKTON, DICKINSON AND CO.
CONTEC MEDICAL SYSTEMS CO. LTD.
F. HOFFMANN-LA ROCHE LTD.
GENERAL ELECTRIC CO.
KONINKLIJKE PHILIPS N.V.
LIFESCAN IP HOLDINGS LLC
MEDTRONIC PLC
OMRON CORP.
RESMED
SIEMENS HEALTHCARE GMBH
SMITH & NEPHEW
List of Tables
Summary Table : Global Market for Portable Medical Equipment Products, by Region, Through 2027
Table 1 : Types of Portable Medical Electronic Products Based on Applications
Table 2 : Class I and Class II Exempt Devices
Table 3 : Premarket Approvals for Portable Medical Electronic Products Used for Diagnosis and Testing, 2021
Table 4 : Class I Recalls Issued for Portable Medical Electronic Products, January 2019 to July 2022
Table 5 : Class II Recalls Issued for Portable Medical Electronic Products, June 2022 to July 2022
Table 6 : Class III Recalls Issued for Portable Medical Electronic Products, July 2017 to July 2022
Table 7 : Global Population Projections, by Age Group, 2016-2060
Table 8 : New Product/Platform Launches in Portable Medical Devices from Top Manufacturers, 2019-2022
Table 9 : Mergers and Acquisitions Involving Top Portable Medical Device Companies, 2019-2022
Table 10 : Distribution of COVID-19 Clinical Symptoms
Table 11 : Total Number of COVID-19 Confirmed Cases and Deaths Globally, by Country, Aug. 10, 2022
Table 12 : List of Shortages of Various Devices
Table 13 : Global Market for Portable Medical Equipment Products, by Type, Through 2027
Table 14 : Global Market for Portable Medical Electronic Products for Diagnostics and Testing, by Type, Through 2027
Table 15 : Global Market for Portable Medical Electronic Products for Therapy, by Type, Through 2027
Table 16 : Global Market for Portable Medical Electronic Products in First Aid and Other Applications, by Type, Through 2027
Table 17 : Global Market for Portable Medical Equipment Products, by Portability, Through 2027
Table 18 : Global Market for Portable Medical Equipment Products for Diagnosis and Testing, by Portability, Through 2027
Table 19 : Global Market for Portable Medical Equipment Products for Therapy, by Portability, Through 2027
Table 20 : Global Market for Portable Medical Equipment Products for First Aid and Other Applications, by Portability, Through 2027
Table 21 : Global Market for Portable Medical Equipment Products, by End User, Through 2027
Table 22 : Global Market for Portable Medical Equipment Products for Diagnosis and Testing, by End User, Through 2027
Table 23 : Global Market for Portable Medical Equipment Products for Therapy, by End User, Through 2027
Table 24 : Global Market for Portable Medical Equipment Products for First Aid and Other Applications, by End User, Through 2027
Table 25 : Global Market for Portable Medical Equipment Products, by Region, Through 2027
Table 26 : North American Market for Portable Medical Equipment Products, by Country, Through 2027
Table 27 : North American Market for Portable Medical Equipment Products, by Type, Through 2027
Table 28 : European Market for Portable Medical Equipment Products, by Country, Through 2027
Table 29 : European Market for Portable Medical Equipment Products, by Type, Through 2027
Table 30 : Asia-Pacific Market for Portable Medical Equipment Products, by Country, Through 2027
Table 31 : Asia-Pacific Market for Portable Medical Equipment Products, by Type, Through 2027
Table 32 : Rest of the World Market for Portable Medical Equipment Products, by Country, Through 2027
Table 33 : Rest of the World Market for Portable Medical Equipment Products, by Type, Through 2027
Table 34 : List of Top Manufacturers of Portable Medical Electronic Products, by Product Category, 2021
Table 35 : Patents Published on Hearing Aids, 2021
Table 36 : Patents Published on Insulin Pumps, 2021
Table 37 : Patents Published on Glucose Meters, 2021
Table 38 : Patents Published on Portable X-Ray, 2021
Table 39 : Patents Published on Blood Pressure Monitors, 2021
Table 40 : Patents Published on Portable Ultrasound, 2021
Table 41 : Abbott: Product Portfolio
Table 42 : Abbott: Recent Developments, 2016-2022
Table 43 : ARKRAY Inc.: Product Portfolio
Table 44 : ARKRAY Inc.: Recent Developments, 2021 and 2022
Table 45 : B. Braun Melsungen AG: Product Portfolio
Table 46 : B. Braun Melsungen AG: Recent Developments, 2019-2022
Table 47 : Baxter International: Product Portfolio
Table 48 : Baxter International: Recent Developments, 2017-2021
Table 49 : Bayer AG: Product Portfolio
Table 50 : Bayer AG: Recent Developments, 2019-2022
Table 51 : Beckton, Dickinson and Co.: Product Portfolio
Table 52 : Beckton, Dickinson and Co.: Recent Developments, 2016-2021
Table 53 : Contec Medical Systems Co. Ltd.: Product Portfolio
Table 54 : Contec Medical Systems Co. Ltd.: Recent Developments, 2021
Table 55 : F. Hoffmann-La Roche Ltd.: Product Portfolio
Table 56 : F. Hoffmann-La Roche Ltd.: Recent Developments, 2017-2022
Table 57 : General Electric Co.: Product Portfolio
Table 58 : General Electric Co.: Recent Developments, 2017-2022
Table 59 : Koninklijke Philips N.V: Product Portfolio
Table 60 : Koninklijke Philips N.V.: Recent Developments, 2016-2020
Table 61 : LifeScan IP Holdings, LLC: Product Portfolio
Table 62 : LifeScan IP Holdings LLC: Recent Developments
Table 63 : Medtronic: Product Portfolio
Table 64 : Medtronic: Recent Developments, 2015-2021
Table 65 : Omron Corp.: Product Portfolio
Table 66 : Omron Corp.: Recent Developments, 2020
Table 67 : ResMed: Product Portfolio
Table 68 : ResMed: Recent Developments, 2019-2021
Table 69 : Siemens Healthcare GmbH: Product Portfolio
Table 70 : Siemens Healthcare GmbH: Recent Developments, 2016-2020
Table 71 : Smith & Nephew: Product Portfolio
Table 72 : Smith & Nephew: Recent Developments, 2015-2020
List of Figures
Summary Figure A : Global Market for Portable Medical Equipment Products, by Region, 2020-2027
Summary Figure B : Growth Rate of North America, Europe and Asia-Pacific Markets for Portable Medical Equipment Products
Figure 1 : Process for Marketing a Medical Device in the U.S.
Figure 2 : Global Elderly Population (Age 60+ Years), by Region, 2015-2050
Figure 3 : Global Projected Growth Rate of Diabetes Incidences in Patients Age 20-79, 2010 and 2030
Figure 4 : Global Market for Portable Medical Equipment Products, by Type, 2020-2027
Figure 5 : Global Market Shares of Portable Medical Equipment Products, by Type, 2021
Figure 6 : Global Market for Portable Medical Electronic Products for Diagnostics and Testing, by Type, 2020-2027
Figure 7 : Global Market for Portable Medical Electronic Products for Therapy, by Type, 2020-2027
Figure 8 : Global Market for Portable Medical Electronic Products in First Aid and Other Applications, by Type, 2020-2027
Figure 9 : Global Market for Portable Medical Equipment Products, by Portability, 2020-2027
Figure 10 : Global Market Shares of Portable Medical Equipment Products, by Portability, 2021
Figure 11 : Global Market for Portable Medical Equipment Products for Diagnosis and Testing, by Portability, 2020-2027
Figure 12 : Global Market for Portable Medical Equipment Products for Therapy, by Portability, 2020-2027
Figure 13 : Global Market for Portable Medical Equipment Products for First Aid and Other Applications, by Portability, 2020-2027
Figure 14 : Global Market for Portable Medical Equipment Products, by End User, 2020-2027
Figure 15 : Global Market Shares of Portable Medical Equipment Products, by End User, 2021
Figure 16 : Global Market for Portable Medical Equipment Products for Diagnosis and Testing, by End User, 2020-2027
Figure 17 : Global Market for Portable Medical Equipment Products for Therapy, by End User, 2020-2027
Figure 18 : Global Market for Portable Medical Equipment Products for First Aid and Other Applications, by End User, 2020-2027
Figure 19 : Global Market for Portable Medical Equipment Products, by Region, 2020-2027
Figure 20 : Abbott: Annual Revenue, 2019-2021
Figure 21 : Abbott: Revenue Share, by Business Segment, 2021
Figure 22 : Abbott: Revenue Share, by Geography, 2021
Figure 23 : ARKRAY Inc.: Annual Revenue, 2020 and 2021
Figure 24 : B. Braun Melsungen AG: Annual Revenue, 2019-2021
Figure 25 : B. Braun Melsungen AG: Revenue Share, by Division, 2021
Figure 26 : B. Braun Melsungen AG: Revenue Share, by Geography, 2021
Figure 27 : Baxter International: Annual Revenue, 2019-2021
Figure 28 : Baxter International: Revenue Share, by Product Category, 2021
Figure 29 : Baxter International: Revenue Share, by Geography, 2021
Figure 30 : Bayer AG: Annual Revenue, 2019-2021
Figure 31 : Bayer AG: Revenue Share, by Business Segment, 2021
Figure 32 : Bayer AG: Revenue Share, by Geography, 2021
Figure 33 : BD: Annual Revenue, 2019-2021
Figure 34 : BD: Revenue Share, by Business Segment, 2021
Figure 35 : BD: Revenue Share, by Geography, 2021
Figure 36 : F. Hoffmann-La Roche Ltd.: Annual Revenue, 2019-2021
Figure 37 : F. Hoffmann-La Roche Ltd.: Revenue Share, by Division, 2021
Figure 38 : F. Hoffmann-La Roche Ltd.: Revenue Share, by Geography, 2021
Figure 39 : General Electric: Annual Revenue, 2019-2021
Figure 40 : General Electric: Revenue Share, by Business Segment, 2021
Figure 41 : GE Healthcare: Annual Revenue, 2019-2021
Figure 42 : Koninklijke Philips N.V.: Annual Revenue, 2019-2021
Figure 43 : Koninklijke Philips N.V: Revenue Share, by Business Segment, 2021
Figure 44 : Koninklijke Philips N.V: Revenue Share, by Geography, 2021
Figure 45 : Medtronic: Annual Revenue, 2019-2021
Figure 46 : Medtronic: Revenue Share, by Business Segment, 2021
Figure 47 : Medtronic: Revenue Share, by Geography, 2021
Figure 48 : Omron Corp.: Annual Revenue, 2018-2020
Figure 49 : Omron Corp.: Revenue Share, by Business Unit, 2020
Figure 50 : Omron Corp.: Revenue Share, by Geography, 2020
Figure 51 : ResMed: Annual Revenue, 2019-2021
Figure 52 : ResMed: Revenue Share, by Product Category, 2021
Figure 53 : ResMed: Revenue Share, by Geography, 2021
Figure 54 : Siemens Healthcare GmbH: Annual Revenue, 2019-2021
Figure 55 : Siemens Healthcare GmbH: Revenue Share, by Business Segment, 2021
Figure 56 : Siemens Healthcare GmbH: Revenue Share, by Geography, 2021
Figure 57 : Smith & Nephew: Annual Revenue, 2019-2021
Figure 58 : Smith & Nephew: Revenue Share, by Business Segment, 2021
Figure 59 : Smith & Nephew: Revenue Share, by Geography, 2021
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