Portable Diagnostic Device Market Opportunities, Growth Trends, Research Report, Forecast to 2027


 

The definition of "Portable Diagnostic Device" (or PDD for short) refers to a wide selection of medical devices which are either made for external use (that can be utilized in the field) or for internal use within the doctor's office. They are designed to be utilized quickly and easily by any patient and also provides continuous and non-invasive monitoring of health parameters. Moreover, additionally they provide real-time information to a healthcare provider through connectivity.

Growing advancement in the field of medical device such as smart wearable’s and image-guided therapy systems is predominantly fueling the market growth of the Portable Diagnostic Device. As an example, in January 2019, Royal Philips announced Azurion with FlexArm, to set a new standard for patient imaging and positioning flexibility for image-guided procedures. Rising awareness regarding the main advantage of portable medical devices is again anticipated to foster market growth. Increasing manufacturer's give attention to the development of compact, wireless, and user-friendly is again projected to foster industry growth of the portable diagnostic device. Growing advancement in the field of embedded systems, sensors, and electronics is contributing to market growth within the forecast period. Also, the growing geriatric population is increasing the prevalence of chronic diseases such as for instance diabetes and cancer that is again driving demand for portable diagnostic devices.

From the geographical perspective, North America is anticipated to exhibit significant growth within the forecast period and that is attributed to continuous approval of the innovative products by the U.S. Food and Drug Administration (FDA) in the region. As an example, in September 2019, Little Sparrows Technologies, a neonatal medical device startup focused on promoting the well-being of newborns, announced it has received 510(k) clearance from the Food and Drug Administration (FDA) for the bili-hut&trade ;.The bili-hut can be an innovative ultraportable neonatal

neonatal phototherapy system that leverages a bassinet-like design to treat hyperbilirubinemia, commonly known as neonatal jaundice.

Key Developments:

  1. In April 2020, Mindray Medical a global provider of medical devices and solutions, announces the launch of the new portable ultrasound systems, ME series to enhance clinical confidence during critical and emergency COVID-19 cases. They are now available in Europe and other selected countries.

  2. In March 2020, Royal Philips a global health technology provider announced that it has increased the production of certain critical care products and solutions to help diagnose and treat patients with the new coronavirus disease (COVID-19).


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