Companies Dominating the Portable Medical Devices Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The presence of global players and their rigorous activities to strengthen their positions is fostering a favorable business environment in the market. This presents an intensifying competition between the players, with Abbott and Dexcom comprising the maximum market share. Besides this, Europe-based players such as Siemens are focusing on premium hospital-grade portables. Similarly, in Asia, manufacturers such as Omron, Mindray compete on providing affordable solutions. Furthermore, the market is turning exceptionally consolidated through mergers and acquisitions, reporting 15 major deals in 2023 targeting AI, along with remote monitoring capabilities.
Below is the list of some prominent players in the industry
|
Company (Country) |
Market Share |
Industry Focus |
|
Abbott Laboratories (U.S.) |
20% |
Continuous glucose monitoring systems |
|
Dexcom (U.S.) |
17% |
Advanced CGM systems for diabetes management |
|
Medtronic (Ireland) |
14% |
Insulin pumps and cardiac monitoring devices |
|
Philips Healthcare (Netherlands) |
12% |
Portable ultrasound and patient monitoring |
|
GE Healthcare (U.S.) |
10% |
Handheld imaging devices and vital signs monitors |
|
Omron Healthcare (Japan) |
xx% |
Blood pressure monitors and wearable ECGs |
|
Roche Diagnostics (Switzerland) |
xx% |
Portable blood glucose and coagulation systems |
|
Siemens Healthineers (Germany) |
xx% |
Mobile X-ray and point-of-care testing |
|
Fitbit (U.S.) |
xx% |
Consumer health wearables and activity trackers |
|
iHealth Labs (U.S.) |
xx% |
Smart blood pressure monitors and pulse oximeters |
|
Nihon Kohden (Japan) |
xx% |
Portable patient monitors and defibrillators |
|
Masimo (U.S.) |
xx% |
Wearable pulse oximeters and vital sign monitors |
|
Withings (France) |
xx% |
Smart scales and connected health devices |
|
BPL Medical Technologies (India) |
xx% |
Affordable portable diagnostic equipment |
|
Contec Medical Systems (China) |
xx% |
Low-cost patient monitoring solutions |
|
Biotronik (Germany) |
xx% |
Cardiac monitoring and implantable devices |
|
Mindray (China) |
xx% |
Portable ultrasound and vital signs monitors |
|
Becton Dickinson (U.S.) |
xx% |
Portable medication management systems |
|
Samsung Medison (South Korea) |
xx% |
Handheld ultrasound devices |
|
Microlife (Switzerland) |
xx% |
Home blood pressure and respiratory monitors |
Below are the areas covered for each company under the top 15 global manufacturers:
