Global Portable Medical and Healthcare Devices Market Expanding at a CAGR of 16.3% during 2018-2023
According to the latest report by IMARC Group titled, ‘‘Global Portable Medical and Healthcare Devices Market Report (Cardiac Monitoring Devices, Blood Glucose Monitoring, Pulse Oximetry Devices, Wearable BP Monitors, Smart Wrist-Wearables, Smart Garments etc.) (2018-2023)’’ , the global portable medical and healthcare devices market has grown at a CAGR of 18% during 2010-2017, reaching a value of US$ 39.5 Billion in 2017. A tremendous increase in the lifestyle diseases caused by dramatic changes in the patterns of living, such as excessive smoking, binge drinking, sedentary lifestyle, etc., is one of the major concerns in the current century. All this has led to a sudden growth in cardiovascular diseases, stroke, obesity and type 2 diabetes among a vast majority of the population. The treatment of such diseases requires expert medication and constant monitoring to keep health and fitness in check. Following this demand, the market for portable medical and health...