#Pulse Oximeters Market Report
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Phototransistor Market: Boosting Light Detection Technologies up to 2033
Market Definition The Phototransistor market encompasses the development and application of phototransistors, which are semiconductor devices that detect and amplify light to generate electrical output. These components are crucial in various light-sensing applications, including industrial automation, consumer electronics, automotive systems, and healthcare devices. Phototransistors are valued for their sensitivity to light, durability, and ability to provide amplified responses, making them an essential component in circuits where precise light detection and response are needed.
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The phototransistor market is anticipated to expand from $2.5 billion in 2023 to $4.8 billion by 2033, with a compound annual growth rate (CAGR) of 6.8%.
Market Outlook The Phototransistor market is set for robust growth, driven by increasing automation, advancements in electronic devices, and the rising demand for sensors in smart technologies. Industries such as automotive and consumer electronics are experiencing heightened demand for phototransistors as they enhance functionality in applications like ambient light sensing, optical encoders, and remote control systems. In the automotive industry, for example, phototransistors are being widely used for features like automatic headlights and advanced driver-assistance systems (ADAS), where reliable light sensing contributes to safety and user convenience.
Advances in manufacturing technology are enabling the production of phototransistors with greater sensitivity, faster response times, and lower power consumption, expanding their application scope in emerging fields such as IoT (Internet of Things) devices and wearable technology. Additionally, the healthcare sector is adopting phototransistors for use in medical devices, such as pulse oximeters and heart rate monitors, further driving market expansion. Increased R&D investment is also propelling innovation in phototransistor technology, enabling them to meet specialized requirements in high-growth areas.
Challenges to the Phototransistor market include high competition from other types of photodetectors, such as photodiodes, and fluctuating prices of raw semiconductor materials. However, rising demand for miniaturized and efficient light-sensing solutions in automated and smart systems is likely to offset these obstacles. With ongoing advancements and a favorable outlook, the phototransistor market is expected to witness steady growth, supported by the expansion of light-sensing technologies across diverse industries.
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Respiratory Care Devices Market Analysis, Size, Share, Growth, Trends, and Forecasts by 2031
The Global Respiratory Care Devices market stands as a cornerstone within the healthcare industry, providing essential tools and technologies to support individuals afflicted with respiratory ailments.
𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.metastatinsight.com/request-sample/2640
Top Companies
Drägerwerk AG & Co. KGaA
Fisher & Paykel Healthcare Limited.
General Electric Company
Getinge AB
Inogen, Inc.
Masimo.
Medtronic
Koninklijke Philips N.V.
ResMed
VYAIRE.
3B Medical Inc.
Airon Corporation
alpha trace medical systems
APEX MEDICAL CORP.
Besco Medical
This industry encompasses a diverse array of devices designed to aid in the diagnosis, treatment, and management of respiratory disorders, ranging from chronic conditions like asthma and chronic obstructive pulmonary disease (COPD) to acute respiratory distress syndrome (ARDS) and respiratory failure.
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:@https://www.metastatinsight.com/report/respiratory-care-devices-market
The Global Respiratory Care Devices market is driven by the pressing need to address the growing prevalence of respiratory diseases worldwide. Factors such as pollution, smoking, aging populations, and lifestyle changes contribute to the rising incidence of respiratory disorders, prompting an increased demand for innovative respiratory care solutions. As a result, the industry continuously evolves to meet the evolving needs of patients and healthcare providers alike.
Moreover, the Global Respiratory Care Devices market encompasses a range of monitoring and consumable products essential for ongoing respiratory care. Pulse oximeters, capnographs, and respiratory rate monitors enable continuous monitoring of patients' respiratory status, facilitating timely interventions and adjustments to treatment protocols. Additionally, consumables such as oxygen masks, tubing, and filters are integral components of respiratory care delivery, ensuring the safe and effective operation of therapeutic devices.
In recent years, technological advancements have propelled innovation within the Global Respiratory Care Devices market, leading to the development of more efficient and user-friendly solutions. Miniaturization, wireless connectivity, and integration with digital health platforms have enhanced the accessibility and effectiveness of respiratory care devices, empowering patients to actively participate in self-management and remote monitoring of their conditions.
Furthermore, the COVID-19 pandemic has underscored the critical importance of respiratory care devices in managing respiratory distress and supporting patients with severe respiratory complications. The surge in demand for ventilators, oxygen therapy equipment, and airway clearance devices during the pandemic highlighted the indispensable role of the respiratory care industry in safeguarding public health and saving lives.
The Global Respiratory Care Devices market is a dynamic and indispensable sector within the healthcare industry, dedicated to addressing the complex needs of individuals with respiratory disorders. By providing innovative diagnostic, therapeutic, and monitoring solutions, this industry plays a vital role in improving patient outcomes, enhancing quality of life, and advancing respiratory health on a global scale.
Global Respiratory Care Devices market is estimated to reach $41529.0 Million by 2031; growing at a CAGR of 7.9% from 2024 to 2031.
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#RespiratoryCareDevices#RespiratoryCareDevicesmarket#RespiratoryCareDevicesindustry#marketsize#marketgrowth#marketforecast#marketanalysis#marketdemand#marketreport#marketresearch
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The Future of Wearable Health: Market Dynamics and Opportunities in Asia Pacific
The Asia Pacific wearable medical devices market size was estimated at USD 7.5 billion in 2023 and is anticipated to grow at a CAGR of 28.4% from 2024 to 2030. The factors that are primarily driving the market growth are the favorable government initiatives that support advanced medical devices adoption, the increasing geriatric population, and excessive healthcare expenditure. The market is rapidly inclining towards remote patient monitoring devices and home healthcare owing to the rapid technological advancements and the growing requirement for home care devices and round-the-clock monitoring. Hence, there is an increasing concentration on healthy lifestyle and fitness.
In 2023, the Asia Pacific region accounted for approximately 22.0% revenue share of the global wearable medical devices market. Moreover, companies such as Medtronic have launched devices that incorporate accelerometers & sensors to measure skin temperature, heart & pulse rate, and blood oxygen levels, among others, to capture data automatically, making consumers more self-dependent. They can easily regulate their health by connecting their wearables to the internet or Bluetooth. The market is currently focusing on developing products that can automatically track physiological signals through sensor technology.
Asia Pacific Wearable Medical Devices Market Segments Highlights
The diagnostic product dominated the market with more than 60.0% of revenue share in 2023. It can be attributed to the rising application of diagnostic monitoring devices in remote patient monitoring & home healthcare.
Home healthcare accounted for the largest market share, more than 53%, in 2023. The geriatric population is continuously growing in the region, which has resulted in the rise of diseases-a key factor that is having a huge impact on the market. Consumers prefer home healthcare as it is a cost-effective substitute for expensive hospital stays.
Strap/clip/bracelet devices have held more than 50.0% of the market share in 2023 and are expected to maintain their dominance over the forecast period. Products such as smartwatches and smart bands are gaining popularity because of their aesthetic designs and, most importantly, accurate functionality.
The ongoing demand for smartwatches is primarily driving the market growth. These devices have smartphone-like features to offer consumers more mobility and flexibility. Consumers depend on them for tracking personal health and fitness goals. Manufacturers have also made considerable improvements in these products in terms of battery life.
Asia Pacific Wearable Medical Devices Market Report Segmentation
This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Asia Pacific wearable medical devices market report based on product, site, application, distribution channel, grade type, and country:
Product Outlook (Revenue, USD Billion, 2018 - 2030)
Diagnostic Devices
Vital Sign Monitoring Devices
Pulse Oximeters
Activity Monitors
Electrocardiographs
Heart Rate Monitors
Blood Pressure Monitors
Spirometers
Others
Sleep Monitoring Devices
Sleep trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal and Obstetric Devices
Neuromonitoring Devices
Electromyographs
Electroencephalographs
Others
Therapeutic Devices
Pain Management Devices
Neurostimulation Devices
Others
Insulin/Glucose Monitoring Devices
Insulin Pumps
Others
Rehabilitation Devices
Accelerometers
Ultrasound Platform
Sensing devices
Others
Respiratory Therapy Devices
Ventilators
Positive Airway Pressure (PAP) Devices
Portable Oxygen Concentrators
Others
Site Outlook (Revenue, USD Billion, 2018 - 2030)
Headband
Strap/Clip/Bracelet
Handheld
Shoe Sensors
Others
Application Outlook (Revenue, USD Billion, 2018 - 2030)
Sports & Fitness
Remote Patient Monitoring
Home Healthcare
Grade Type Outlook (Revenue, USD Billion, 2018 - 2030)
Consumer-Grade Wearable Medical Devices
Clinical Wearable Medical Devices
Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)
Pharmacies
Online Channel
Hypermarkets
Country Outlook (Revenue, USD Billion, 2018 - 2030)
Japan
China
India
Australia
South Korea
Malaysia
Singapore
Thailand
Philippines
Order a free sample PDF of the Asia Pacific Wearable Medical Devices Market Intelligence Study, published by Grand View Research.
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Respiratory Disease Testing Market Outlook, Competitive Strategies And Forecast
The global respiratory disease testing market size is expected to reach USD 7.75 billion by 2030, registering a CAGR of 2.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the rising prevalence of respiratory diseases. As per Forum of International Respiratory Societies, more than 200 million people across the globe suffered from Chronic Obstructive Pulmonary Disease (COPD) and 235 million suffered from asthma in 2014. In addition, the source stated that more than 50 million people struggle with occupational lung diseases annually. Thus, constantly growing target patient population is anticipated to drive the growth.
The adoption of innovative technologies, such as Computed Tomography (CT), for COPD diagnosis is expected to drive the growth. The other new technology in acute medical management of COPD is pulse oximeter that is used for outpatient monitoring. Airway management plays a main role in testing and management of COPD. Also, with recent technological innovations, there has been a 12.1 % increase in the use of Noninvasive Mechanical Ventilation (NIV) for management of COPD. Along with technological advancements, use of digital radiography (X-ray) and advanced portable spirometers is gaining momentum in the respiratory disease testing/diagnostics market.
Gather more insights about the market drivers, restrains and growth of the Respiratory Disease Testing Market
Respiratory Disease Testing Market Report Highlights
• Growing prevalence of respiratory diseases and rapid technological advancements are two of the major factors expected to propel the market growth
• Based on products, imaging tests held the largest share in 2022 due to rapid development and adoption of innovative technologies
• Based on application, tuberculosis was the largest market in 2022 owing to rising prevalence of the disease globally
• Based on end-use, hospitals segment held the largest share in 2022 and is anticipated to grow over the forecast period due to an increase in hospitalization and a growing preference for hospital treatment
• North America dominated the respiratory disease testing market in 2022. Growing prevalence of respiratory diseases such as COPD, & asthma, increasing demand for early diagnosis, and rising awareness amongst patients about the benefits of early diagnosis are responsible for the dominance
• Asia Pacific region is expected to grow at the fastest rate during the forecast period. This growth can be attributed to various factors, such as improving healthcare infrastructure and increasing patient awareness regarding the availability of new diagnostic techniques for respiratory diseases, such as COPD & asthma
• Some of the major players competing in this market include, but are not limited to, Becton Dickinson (Carefusion Corporation); Koninklijke Philips N.V. (Respironics); ResMed Company; Fischer & Paykel; and Medtronic. These players are strong brands in the market as they have elaborate product portfolios in respiratory disease diagnostics market
Respiratory Disease Testing Market Segmentation
Grand View Research has segmented the global respiratory disease testing market on the basis of product, application, end-use, and region:
Respiratory Disease Testing Market Product Outlook (Revenue, USD Million, 2018 - 2030)
• Imaging Tests
• Respiratory Measurement Devices
• Blood Gas Test
• Others
Respiratory Disease Testing Market Application Outlook (Revenue, USD Million, 2018 - 2030)
• Chronic Obstructive Pulmonary Disease
• Lung Cancer
• Asthma
• Tuberculosis
• Other
Respiratory Disease Testing Market End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Hospital
• Physicians Clinic
• Clinical Laboratories
• Other
Respiratory Disease Testing Market Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Sweden
o Norway
o Denmark
• Asia Pacific
o Japan
o China
o India
o Australia
o Thailand
o South Korea
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East and Africa
o Saudi Arabia
o South Africa
o UAE
o Kuwait
Order a free sample PDF of the Respiratory Disease Testing Market Intelligence Study, published by Grand View Research.
#Respiratory Disease Testing Market#Respiratory Disease Testing Market Size#Respiratory Disease Testing Market Share#Respiratory Disease Testing Market Analysis#Respiratory Disease Testing Market Growth
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Portable Medical Electronic Products Market size at USD 81.4 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Portable Medical Electronic Products Market size to expand at a CAGR of 9.50% reaching a value of USD 155.1 billion by 2030. Major growth factors for Global Portable Medical Electronic Products Market include an increasing need for remote monitoring due to the growing elderly population and the prevalence of chronic illnesses. Additionally, over the forecast period, Global Portable Medical Electronic Products Market is expected to be driven by technological advances such the integration of artificial intelligence (AI) and the Internet of Things (IoT) as well as the rising demand for wearable medical devices.
Sample Request: https://www.blueweaveconsulting.com/report/portable-medical-electronic-products-market/report-sample
Opportunity - Expanding Outpatient Ambulatory Care Services
The increasing burden on hospitals due to an increasing number of patients and rising prevalence of hospital-acquired diseases is expected to broaden the scope of outpatient ambulatory care services. The services provide access to preventive care, screening, and treatment, to outpatients on daily basis. Portable medical electronic products, such as cardiac monitoring systems, pulse oximeters, and diagnosing imaging technologies, are extensively used in ambulatory care services, as they enable remote monitoring of patient’s physiological conditions and reduce healthcare costs.
#BlueWeave#Consulting#Marketforecast#Marketresearch#HealthcareTechnology#MedicalDevices#PortableHealthcareSolutions#HealthcareTrends#MedicalInnovation#DigitalHealthcare
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From Hospitals to Homes, The Expanding Role of Vital Signs Monitoring Devices
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Mobile Health (mhealth) Solutions Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus
"Mobile Health (mhealth) Solutions Market – Industry Trends and Forecast to 2029
Global Mobile Health (mhealth) Solutions Market, By Connected Devices (Glucose and Blood Pressure Monitor, Peak Flow Meter, Pulse Oximeter), Apps (Weight Loss, Women Health, Diabetes Management, Mental Health), Services (Remote Monitoring, Consultation) – Industry Trends and Forecast to 2029
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**Segments**
- **Service Type**: The mHealth solutions market can be segmented based on service type into monitoring services, diagnostic services, treatment services, wellness and prevention services, and others. Monitoring services include wearable devices and mobile apps for tracking health metrics. Diagnostic services encompass remote consultations and virtual diagnostics. Treatment services involve telemedicine and teleconsultation for medical treatment. Wellness and prevention services focus on fitness apps, diet trackers, and mental health support.
- **Platform**: Based on platform, the market can be categorized into mobile apps and web-based solutions. Mobile apps are designed for smartphones and tablets, offering convenience and accessibility to users. Web-based solutions are accessed through internet browsers on various devices, providing a wider reach and compatibility across different platforms.
- **End-User**: The mHealth solutions market can also be segmented by end-user, including healthcare providers, patients, and healthcare payers. Healthcare providers utilize mHealth solutions for remote patient monitoring, telemedicine consultations, and electronic health records management. Patients benefit from mHealth apps for self-care, medication reminders, and accessing medical information. Healthcare payers use mHealth solutions for claims processing, insurance management, and data analytics.
**Market Players**
- **Apple Inc.**: Apple is a prominent player in the mHealth solutions market with offerings like the Health app and Apple Watch, which enable users to track health data and access medical information conveniently.
- **Google LLC**: Google's mHealth initiatives include Google Fit for fitness tracking, and partnerships with healthcare providers for data integration and telehealth services.
- **Fitbit, Inc.**: Fitbit specializes in wearable health devices that monitor fitness metrics, sleep patterns, and heart rate, catering to wellness and prevention services in the mHealth market.
- **Cerner Corporation**: Cerner provides healthcare technology solutions including electronic health records (EHR) and telemedicine platforms, supporting healthcare providers in delivering mHealth services.
- **Zoetis Inc.**: Zoetis focuses on mHealth solutionsZoetis Inc. is a key player in the mHealth solutions market, primarily focusing on providing innovative solutions for the healthcare industry. As a leading animal health company, Zoetis leverages its expertise to develop mHealth tools tailored to veterinary professionals, pet owners, and livestock producers. The company's commitment to advancing animal health through technology has positioned it as a significant contributor to the evolution of mHealth applications in the veterinary sector.
Zoetis' mHealth solutions encompass a wide range of offerings aimed at improving the well-being of animals and enhancing the efficiency of veterinary care. Through the development of mobile apps, wearable devices, and data analytics platforms, Zoetis empowers veterinarians to monitor animal health, track medication schedules, and streamline communication with pet owners. These tools not only facilitate remote monitoring and teleconsultations but also enable real-time access to critical health information, leading to more proactive and personalized veterinary care.
In addition to serving the veterinary community, Zoetis caters to pet owners seeking convenient and reliable ways to manage their pets' health and wellness. By providing user-friendly mobile apps for tracking vaccination records, scheduling appointments, and receiving personalized care recommendations, Zoetis enhances the overall pet ownership experience. This direct engagement with end-users fosters stronger relationships between pet owners and veterinarians, ultimately leading to better health outcomes for companion animals.
Furthermore, Zoetis recognizes the importance of mHealth solutions in the agricultural sector, where the health and productivity of livestock play a crucial role in food production systems. Through digital platforms that enable remote monitoring of livestock health, disease surveillance, and herd management, Zoetis empowers livestock producers to make informed decisions that optimize animal welfare and farm productivity. By leveraging data-driven insights and predictive analytics, Zoetis equips livestock producers with the tools necessary to mitigate disease outbreaks, improve breeding practices, and ensure sustainable agricultural practices.
Overall, Zoetis' dedication to advancing mHealth solutions for the veterinary and livestock industries underscores its commitment**Global Mobile Health (mHealth) Solutions Market Analysis:**
- **Connected Devices**: The mHealth solutions market is witnessing significant growth in connected devices segment, including glucose and blood pressure monitors, peak flow meters, and pulse oximeters. These devices empower users to track vital health metrics in real-time, enabling proactive health management and remote monitoring capabilities.
- **Apps**: The market is also driven by a diverse range of mHealth apps catering to specific health needs such as weight loss, women's health, diabetes management, and mental health. These apps provide users with personalized health solutions, including fitness tracking, symptom management, medication reminders, and virtual consultations, contributing to the continued expansion of the mHealth market.
- **Services**: Remote monitoring and consultation services are key components of the mHealth solutions market, offering healthcare providers and patients with seamless connectivity and access to healthcare resources. The adoption of telemedicine platforms and remote monitoring tools has surged, allowing for efficient healthcare delivery, improved patient outcomes, and cost-effective healthcare solutions.
The global mHealth solutions market is forecasted to experience robust growth driven by the increasing prevalence of chronic diseases, rising adoption of smartphones and wearable devices, and growing demand for remote healthcare services. Technological advancements in connected devices and apps, coupled with the expansion of telemedicine services, are expected to fuel market growth further. Additionally, the emphasis on preventive healthcare and wellness initiatives is shaping the mHealth landscape, with a focus on personalized health solutions and patient-centric care models.
The market
Table of Contents: Mobile Health (mhealth) Solutions Market
1 Introduction
2 Global Mobile Health (mhealth) Solutions Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Mobile Health (mhealth) Solutions Market, by Product Type
7 Mobile Health (mhealth) Solutions Market, by Modality
8 Mobile Health (mhealth) Solutions Market, by Type
9 Mobile Health (mhealth) Solutions Market, by Mode
10 Mobile Health (mhealth) Solutions Market, by End User
12 Mobile Health (mhealth) Solutions Market, by Geography
12 Mobile Health (mhealth) Solutions Market, Company Landscape
13 Swot Analysis
14 Company Profiles
Countries Studied:
North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Objectives of the Report
To carefully analyze and forecast the size of the Mobile Health (mhealth) Solutions market by value and volume.
To estimate the market shares of major segments of the Mobile Health (mhealth) Solutions
To showcase the development of the Mobile Health (mhealth) Solutions market in different parts of the world.
To analyze and study micro-markets in terms of their contributions to the Mobile Health (mhealth) Solutions market, their prospects, and individual growth trends.
To offer precise and useful details about factors affecting the growth of the Mobile Health (mhealth) Solutions
To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Mobile Health (mhealth) Solutions market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Digital Health Market Segmentation, Parameters and Prospects 2024 to 2030 Industry Research Report
Digital Health Industry Overview
The global digital health market size was estimated at USD 240.9 billion in 2023 and is projected to grow at a compound annual growth (CAGR) of 21.9% from 2024 to 2030. The market is driven by several factors, such as a strong domestic market for telehealthcare platform developers, mHealth app providers, wearable device manufacturers, and e-prescription systems.
Moreover, the healthcare industry exhibits high growth potential for the IT industry due to supportive government initiatives across all regions. The growing trend of preventive healthcare & the rise in funding for mHealth startups are other factors boosting the market.
Gather more insights about the market drivers, restrains and growth of the Digital Health Market
The rising incidence of chronic conditions such as diabetes, heart disease, and cancer is fueling the demand for remote monitoring and management solutions. Digital health tools can help patients track their health, adhere to treatment plans, and communicate with healthcare providers more effectively.
Global Digital Health Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the segments from 2018 to 2030. For this study, Grand View Research, Inc. has segmented the global digital health market report on the basis of technology, component, application, end-use, and region:
Technology Outlook (Revenue, USD Million, 2018 - 2030)
Tele-healthcare
Tele-care
Activity Monitoring
Remote Medication Management
Tele-health
LTC Monitoring
Video Consultation
mHealth
Wearables & Connected Medical Devices
Vital Sign Monitoring Devices
Heart Rate Monitors
Activity Monitors
Electrocardiographs
Pulse Oximeters
Spirometers
Blood Pressure Monitors
Others
Sleep Monitoring Devices
Sleep trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal & Obstetric Devices
Neuromonitoring Devices
Electroencephalographs
Electromyographs
Others
mHealth Apps
Medical Apps
Women's Health
Fitness & Nutrition
Menstrual Health
Pregnancy Tracking & Postpartum Care
Menopause
Disease Management
Others
Chronic Disease Management Apps
Diabetes Management Apps
Blood Pressure & ECG Monitoring Apps
Mental Health Management Apps
Cancer Management Apps
Obesity Management Apps
Other Chronic Disease Management Apps
Personal Health Record Apps
Medication Management Apps
Diagnostic Apps
Remote Monitoring Apps
Others (Pill Reminder, Medical Reference, Professional Networking, Healthcare Education)
Fitness Apps
Services
Monitoring Services
Independent Aging Solutions
Chronic Disease Management & Post-Acute Care Services
Diagnosis Services
Healthcare Systems Strengthening Services
Others
Digital Health Systems
EHR
E-prescribing Systems
Healthcare Analytics
Component Outlook (Revenue, USD Million, 2018 - 2030)
Software
Hardware
Services
Application Outlook (Revenue, USD Million, 2018 - 2030)
Obesity
Diabetes
Cardiovascular
Respiratory Diseases
Others
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Patients
Providers
Payers
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Sweden
Denmark
Norway
Asia Pacific
China
India
Japan
Australia
South Korea
Singapore
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
Browse through Grand View Research's Healthcare IT Industry Research Reports.
• The global computerized physician order entry market size was valued at USD 1.94 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.
• The global healthcare cloud computing market size was valued at USD 19.6 billion in 2023 and is projected to grow at a CAGR of 12.7% from 2024 to 2030.
Key Digital Health Company Insights
Key players are adopting new product development, partnership, and merger & acquisition strategies to increase their market share. Apple, Inc., Google, Inc., and Qualcomm Technologies, Inc. are market leaders with a presence in more than 30 countries, including headquarters, manufacturing sites, distribution centers, and office locations. The Apple App Store features over 40,000 apps in the healthcare segment. In March 2023, to improve digital health, Apple Inc. announced plans to upgrade AirPods by adding ambient light sensors with health tracking features, including motion detectors, temperature monitors, blood oxygen level, and perspiration & heart rate, by 2025. In addition, H2O Therapeutics, a Turkey-based startup, received U.S. FDA clearance for its Parky app. This Apple Watch app monitors Parkinson’s disease symptoms, such as dyskinesia and tremors. Furthermore, Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., and Vodafone Group Plc. are the emerging market players.
Key Digital Health Companies:
The following are the leading companies in the digital health market. These companies collectively hold the largest market share and dictate industry trends
Telefónica S.A.
Epic Systems Corporation
QSI Management, LLC
AT&T
AirStrip Technologies
Google, Inc.
Hims & Hers Health, Inc.
Orange
Softserve
Computer Programs and Systems, Inc.
Vocera Communications
IBM Corporation
CISCO Systems, Inc.
Apple Inc.
Oracle Cerner
Veradigm
Mckesson Corporation
Hims & Hers Health, Inc.
Vodafone Group
Qualcomm Technologies, Inc.
Samsung Electronics Co., Ltd.
Recent Developments
In April 2023, Microsoft collaborated with Epic Systems Corporation to integrate AI into EHR, enabling healthcare practitioners to improve their productivity and patient communication with AI-enabled solutions
In March 2023, BlueRock Therapeutics LP entered a collaboration with Emerald Innovations and Rune Labs with a major focus on innovations using contactless & invisible, wearable digital health technology to improve monitoring of Parkinson's disease
In March 2023, Google launched Open Health Stack, an open-source program for developers to build health-related apps by including strategies, such as AI partnerships focusing on cancer screening
In March 2023, Nabla Technologies launched Copilot, a digital assistant tool, as a Chrome extension using GPT-3 for doctors to make patients' conversations turn into action
In March 2022, Samsung unveiled its latest innovation, a smart healthcare TV and advanced digital health solutions for healthcare facilities, at the Healthcare Information and Management Systems Society (HIMSS) Global Conference in Florida. Furthermore, Samsung and ShareSafe partnered to develop a secure solution for casting from mobile devices to Samsung Smart Healthcare TV
In March 2022, Epic Systems Corporation launched Garden Plot, which provides small independent healthcare groups access to Epic software solutions and an interoperability network
In March 2022, Vocera Communications, a part of Stryker, introduced Minibadge. This compact, portable, voice-driven wearable device integrates with clinical and operational workflows of healthcare facilities & enables hands-free communication.
Order a free sample PDF of the Digital Health Market Intelligence Study, published by Grand View Research.
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Pulmonology Devices Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033
Overview and Scope Pulmonology devices are medical instruments and equipment used in the diagnosis, treatment, and management of respiratory system conditions and diseases. These devices play a crucial role in assessing lung function, monitoring respiratory health, providing therapeutic interventions, and supporting patients with respiratory disorders.
Sizing and Forecast The pulmonary devices market size has grown rapidly in recent years. It will grow from $1.23 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to rising incidence of chronic respiratory diseases, growing shift towards preventive healthcare, increase in adoption of pulmonology devices, surge in incidence of diseases requiring endoscopic ultrasound procedures, increase in geriatric population.
The pulmonary devices market size is expected to see rapid growth in the next few years. It will grow to $2.05 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to rise in prevalence of respiratory diseases, rising air pollution levels, growth in home healthcare, growing awareness and early diagnosis, expansion of healthcare infrastructure. Major trends in the forecast period include integration of artificial intelligence, growth of telemedicine and remote monitoring, advancements in portable and wearable devices, use of robotic technology in less-invasive diagnostic procedures, increase in home care services.
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Segmentation & Regional Insights The pulmonology devices market covered in this report is segmented –
1) By Product Type: Endobronchial Ultrasound (EBUS) Needles, Pulmonary Biopsy Devices, Airway Stents, Single-Use Bronchoscopes, Other Product Types 2) By Indication: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Tracheal And Bronchial Stenosis, Foreign Body Extraction, Other Indications 3) By End-User: Pulmonology Clinics, Hospitals, Ambulatory Surgical Centers
North America was the largest region in the pulmonology devices market in 2023. The regions covered in the pulmonology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth The rise in the prevalence of respiratory diseases is expected to propel the growth of the pulmonology devices market going forward. Respiratory diseases are a group of medical conditions that affect the organs and tissues involved in breathing, including the airways, lungs, and respiratory muscles. The cases of respiratory diseases are occurring due to rising air pollution, smoking, and occupational hazards. Pulmonology devices aid in respiratory disease management by enabling accurate diagnosis, continuous monitoring, and effective treatment through tools like spirometers, inhalers, pulse oximeters, and ventilators, ultimately improving patient outcomes and quality of life. For instance, according to the Scottish Public Health Observatory, a Scotland-based public health agency, COPD rates began rising in 2021-22 as the effects of COVID-19 lessened. The rate among males rose from 83.2 to 97.6 cases per 100,000, while it increased from 72.6 to 97.3 among females. Therefore, the rise in the prevalence of respiratory diseases is driving the growth of the pulmonology devices market.
Key Industry Players Major companies operating in the pulmonology devices market are Medtronic, Koninklijke Philips N.V., GE Healthcare, Baxter, Boston Scientific Corporation, Medline Industries LP., Olympus Corporation, Omron Healthcare, ResMed, Getinge, ICU Medical Inc., Fisher & Paykel Healthcare Limited, Ambu A/S, Vyaire Medical Inc., Drive DeVilbiss Healthcare, PENTAX Medical, Hamilton Medical, Nonin Medical, CAIRE Inc., Pulmonx Corporation, Verathon Inc., Draegerwerk AG & Co. KGaA, NIOX
The pulmonology devices market report table of contents includes:
1. Executive Summary
2. Pulmonology Devices Market Characteristics
3. Pulmonology Devices Market Trends And Strategies
4. Pulmonology Devices Market - Macro Economic Scenario
5. Global Pulmonology Devices Market Size and Growth ..........
32. Global Pulmonology Devices Market Competitive Benchmarking
33. Global Pulmonology Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pulmonology Devices Market
35. Pulmonology Devices Market Future Outlook and Potential Analysis
36. Appendix
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Refurbished Medical Equipment Market Growth and Size for Strategic Decision-Making
The global refurbished medical equipment market size is expected to reach USD 45.81 Billion in 2032 and register a steady revenue CAGR of 11.8% during the forecast period, according to latest analysis by Emergen Research. Increasing preference for eco-friendly products is a major factor driving market revenue growth of. Benefits of used medical imaging equipment for environment must be emphasized.
The circular economy is supported by refurbishment, a sort of reuse and waste reduction that raises useful lifespan of medical imaging equipment from 5-7 to 10-14 years or even longer. Resources and energy required to produce new equipment are saved by refurbishment. It is critical from an environmental standpoint to maximize service life of imaging scanners due to energy and materials used throughout the production, safety testing, and regulatory compliance processes. For instance, improving Magnetic Resonance Imaging (MRI) scanners and extending their service life maximizes the return on initial investment of energy and materials.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Refurbished Medical Equipment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
GE HealthCare, Koninklijke Philips N.V., Siemens Healthcare GmbH, Block Imaging, Inc., Soma Tech INTL, Avante Health Solutions, Hilditch Group, EverX Pty. Ltd., Integrity Medical Systems, Inc., and Radiology Oncology Systems
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Emergen Research has segmented the global Refurbished Medical Equipment market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2032)
Medical Imaging Equipment
Computerized Tomography (CT) Scanners
Magnetic Resonance Imaging (MRI) Machines
X-Ray Machines
Nuclear Imaging Systems
Ultrasound Systems
Other Medical Imaging Equipment
Operating Room & Surgical Equipment
Anesthesia Machines
Electrosurgical Units
Operating Room Tables & Lights
Surgical Displays
Other Operating Room & Surgical Equipment
Patient Monitors
Multi-Parameter Monitors
Fetal Monitors
Electrocardiography Devices
Pulse Oximeters
Mobile Cardiac Telemetry Devices
Non-Invasive Blood Pressure Monitors
Other Patient Monitors
Cardiology Equipment
Defibrillators
Heart-Lung Machines
Other Cardiology Equipment
Urology Equipment
Dialysis Machines
Lithotripsy Devices
Neurology Equipment
Electromyograph Machines (EMG) Machines
Electroencephalography (EEG) Machines
Intensive Care Equipment
Ventilators
Infant Incubators & Warmers
Intravenous Therapy Systems
Endoscopy Equipment
Other Medical Equipment
Application Outlook (Revenue, USD Billion; 2019–2032)
Diagnostic Applications
Cardiology
Urology
Neurology
Orthopedics
Physiology
Emergency Medicine
Oncology
Obstetrics/Gynecology
Other Diagnostic Applications
Therapeutic Applications
Cardiology
Urology
Neurology
Orthopedics
Physiology
Emergency Medicine
Oncology
Obstetrics/Gynecology
Other Therapeutic Applications
End-Use Outlook (Revenue, USD Billion; 2019–2032)
Hospitals
Diagnostic Imaging Centers
Ambulatory Care Centers
Other End-Use
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Refurbished Medical Equipment Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Refurbished Medical Equipment Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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The Future of Health Monitoring: Insights into the U.S. Wearable Medical Devices Market
The U.S. wearable medical devices market size is expected to reach USD 46.89 billion by 2030 and is anticipated to expand at a CAGR of 23.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of chronic diseases, growing consumer awareness, adoption of technology, and regulatory support and approval processes are the key drivers of the U.S. wearable medical devices market.
Within the market landscape, the players are allocating substantial investments towards research and development, simultaneously striving to enhance their production capacities. The companies are pursuing the development of wearable medical devices, offering them to consumers at competitive prices. They are incorporating cutting-edge health features to attract customers and enhance overall appeal.
In the U.S., the growing adoption of wearable medical devices is fueled by multiple factors, including technological advancements, transforming healthcare delivery systems, high consumer interest in health and well-being, and a shift towards prioritizing preventive care measures. Wearable medical devices spearhead a transformative era in healthcare, enabling patients to continuously track their health status and granting healthcare professionals access to invaluable real-time data. This innovative technology facilitates more tailored and proactive care approaches. Furthermore, high-end data privacy is maintained, confirming the cyber security of the real-time and past health data generated by wearable medical devices.
U.S. Wearable Medical Devices Market Report Highlights
Based on product, the diagnostic devices segment dominated the market and accounted for a share of 61.3% in 2023 due to growing demand for personalized medicine, remote patient monitoring, and Cost-effectiveness
Based on site, the strap, clip, and bracelet segment is expected to grow at the fastest CAGR over the forecast period. The shoe sensors segment is anticipated to witness lucrative growth over the forecast period
Based on application, the home healthcaresegment dominated with the largest market revenue share of 53.2% in 2023. This is attributable to the rising prevalence of chronic diseases involving diabetes, asthma, and cardiac diseases and the rising geriatric population in the U.S.
The FDA classifies wearable medical devices based on their intended use and level of risk. Low-risk devices involving fitness trackers are classified as Class I medical devices and do not require pre-market approval (PMA)
U.S. Wearable Medical Devices Market Segmentation
Grand View Research has segmented the U.S. wearable medical devices market based on product, site, application, grade type, and distribution channel:
U.S. Wearable Medical Devices Product Outlook (Revenue, USD Million, 2018 - 2030)
Diagnostic Devices
Vital Sign Monitor
Heart Rate Monitors
Activity Monitors
Electrocardiographs
Pulse Oximeters
Spirometers
Blood Pressure Monitors
Others
Sleep Monitoring Device
Sleep Trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal & Obstetric Devices
Neuromonitoring Devices
EEG
EMG
Others
Therapeutic Devices
Pain Management Devices
Neurostimulation Devices
Others
Insulin Monitoring Devices
Insulin Pumps
Others
Autoinjectors
Other Insulin Devices
Rehabiliation Devices
Accelerometers
Sensing Devices
Ultrasound Platform
Others
Respiratory Therapy Devices
Ventilators
CPAP
Portable Oxygen Concentrators
Others
U.S. Wearable Medical Devices Site Outlook (Revenue, USD Million, 2018 - 2030)
Handheld
Headband
Strap, Clip, Bracelet
Shoe Sensors
Others
U.S. Wearable Medical Devices Application Outlook (Revenue, USD Million, 2018 - 2030)
Sports & Fitness
Remote Patient Monitoring
Home Healthcare
U.S. Wearable Medical Devices Grade Type Outlook (Revenue, USD Million, 2018 - 2030)
Consumer-grade Wearable Medical Devices
Clinical Wearable Medical Devices
U.S. Wearable Medical Devices Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Pharmacies
Online Channels
Hypermarkets
Order a free sample PDF of the U.S. Wearable Medical Devices Market Intelligence Study, published by Grand View Research.
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