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Portable Medical Devices Market to Reach $20 Billion by 2018 at a Phenomenal Rate With a Double Digit CAGR - New Report by MarketsandMarkets
Date:7/10/2013

(PRWEB) July 10, 2013

According to a new market research report "Portable Medical Devices Market; By Equipment (Cardiac, Respiratory, Hemodynamic, Fitness & Wellness, Independent Ageing, Insulin pumps, Ultrasound), Semiconductor Components (Memory, PMIC, Processor, Display, Sensor, Connectivity) (2013 – 2018)" published by MarketsandMarkets, the total market is expected to cross $20 billion by 2018, at a double digit CAGR from 2013 to 2018.

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  • 107 Slides and In-Depth Table of Content on "Portable Medical Devices Market"

http://www.marketsandmarkets.com/Market-Reports/semiconductor-opportunities-mobile-healthcare-market-1204.html

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The proliferation of smart phones, tablets and other mobile devices and the increasing demand for connectivity among all these devices has greatly influenced the healthcare industry. Medical devices used for applications like patient monitoring and data storage/transfer are now being integrated with wireless technologies. These mobile medical devices are an extension of the portable medical devices, having incorporated wireless communication capabilities (cellular, Wi-Fi, Bluetooth, ZigBee, ANT+ and so on).

The portable medical devices are generally used for measuring & monitoring data in combination with display or representation of the data on a mobile computing device, typically a smart-phone or a tablet. Mobile medical devices have brought dynamism to the portable medical devices industry with the advent of superior wireless technology. Incorporating wireless technology into portable healthcare equipment has augmented healthcare standards and help
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