Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Medical Tricorder Market: Competitive Strategies and Forecasts to 2030


Senior Member

Status: Offline
Posts: 477
Date:
Medical Tricorder Market: Competitive Strategies and Forecasts to 2030
Permalink   


Medical Tricorder Market Analysis

Scanadu (US), QuantuMDx Group Ltd. (UK), Ibis Biosciences (U.S.), Basil Leaf Technologies (U.S.), and others are some of the prominent players at the forefront of competition in the Medical Tricorder Market and are profiled in MRFR Analysis.

Global Medical Tricorder Market - Overview

Medical tricorder is a flourishing sector gaining importance across the world. Medical device used by the consumer to self-diagnose medical condition is known as a medical tricorder. It takes basic vital measurement like heart rate and body temperature within seconds. Major functions of a medical tricorder are to monitor health of a person, summarize patients health, diagnose disease and take health measurements. Medical tricorder is helpful for diagnosing a patients health condition. Monitoring of health with the help of medical tricorder can be done within seconds. The increase in the demand for medical tricorder among health care providers, helping them to diagnose patients health condition, increasing outpatient services in the hospitals, and demand for new technology for diagnoses and monitoring.

Furthermore, rapid development in technology, increasing government support for research & development, changing lifestyle, and many adverse effects of the present diagnostic methods expected to fuel the market growth during the forecast period. According to findings from the WHO, in 2014, approximately 422 million people suffered from diabetes across the globe.

Rising prevalence of chronic diseases such as diabetes, heart diseases, increasing geriatric population, extensive use of medical devices in diagnosis of disease condition of a patient and monitoring to body temperature, blood flow rate, heart rate, etc. drive the growth of this market. Importance of smart medical devices for continuous health monitoring also fuels the growth of the market

However, these types of devices has to pass all the regulatory standards and rules, which increases the approval time. The average approval time for the medical diagnostic device may vary from 5-8 years. This long approval time, high cost of the research & development and devices may hamper the market growth during the corresponding period.

Global market of medical tricorder is expected to grow with a CAGR of approximately 6.7% during the forecast period 2017-2023.

Get Sample Report: https://www.marketresearchfuture.com/sample_request/1220

Global Medical Tricorder Market Regional:

Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa.

America is the largest market which is attributed to extensive use of medical tricorder by number of physicians in America. Increasing in patient pool, increase in outpatient services and concentration of major market players of medical tricorder in North America drive this market in America. North America is the largest market whose growth is attributed to an increase in patient pool, and demand for improved technology for diagnosis of ongoing health of a patient drive this market in America. According to the American Diabetes Association, in 2015, approximately 30.3 million Americans which is 9.4% of the American population were suffering from diabetes

The European market is also growing continuously and slowly catching up with the American market in the near future. Emphasis for early diagnosis of disease condition and awareness regarding the use of tricorder. Extensive research in innovative product development, and adoption of new technologies in healthcare institutes such as hospitals & clinics, research institutes, clinical laboratories, diagnostics center and home care settings. QuantuMDx Group Ltd. is in Europe. It is one of the major market players for medical tricorder, thus favoring the opportunities for research and development activities in the field of medical devices and molecular diagnosis.

Asia-Pacific market is expected to show steady growth in the medical tricorder market during the forecasted period owing to the rising prevalence of chronic diseases such as obesity, diabetes, cardiovascular diseases, growing geriatric population, and development in healthcare sector. China and India are expected to be the emerging market in Asia Pacific, owing to the increasing number of patients diagnosed with chronic diseases, and high growth potentials supported by favourable macro-economic conditions.

Middle East & Africa show slow growth in this market owing to demand for primary care services for the diagnosis and treatment of chronic diseases, and rising awareness about preventive measures for various diseases, and increasing emphasis on women and child care.

Global Medical Tricorder Market: Company Analysis

Ibis Biosciences, Inc. provides molecular diagnostics, offers instruments and reagents to analyze DNA and RNA for clinical specialists and laboratory. In February 2016, the company won a USD 2,124,718 federal contract from the Defense Advanced Research Projects Agency, Arlington, Virginia for R&D.

Report Details @ https://www.marketresearchfuture.com/reports/medical-tricorder-market-1220

Related Report: Global Human Insulin Market Research Report - forecast to 2027

 

Global Wearable Medical Device Market Research Report - Forecast to 2027

 

Global Circulating Tumor Cell Market Research Report- Forecast To 2027

 

Global Medical Holography Market Research Report- Forecast To 2027

 

Microspheres Market Research Report - Forecast 2027

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research FutureŽ

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

 

 

 



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard