The introduction of a wide range of portable handheld devices has substantially influenced various fields; medical science being one of them. Healthcare professionals from medical centers and hospitals use various kinds of portable handheld devices to offer point-of-care services to the patients. The handheld devices sector in the healthcare market has witnessed a steady growth in the past few years and is expected to witness rapid development in the near future. The development of highly precise and portable handheld devices has led to the growth of the global handhelds in the healthcare market in the recent past.
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With the union of advanced technologies including cloud-based mobile healthcare services with the handheld equipment, it is anticipated that the global handhelds in healthcare market will register a significant growth during the forecast period. The commonly used handheld devices in the healthcare market are categorized into patient information management devices and patient monitoring devices. Personal digital assistants, smartphones, and tablet computers are some of the popularly used patient information management devices. Pulse oximeters, electrocardiogram (ECG/EKG), multiparameter monitors, fetal heart monitors, continuous glucose monitors, blood pressure monitors, portable ultrasound devices, and others are some of the handheld patient monitoring devices used in the healthcare market.
By end user, the global handhelds in healthcare market is classified into hospitals, pharmacies, ambulatory care centers, home healthcare, and nursing homes. The global handhelds in healthcare market is highly competitive and fragmented due to the presence of many well-established players and new entrants. The growing demand for portable and mobile handheld devices is expected to propel the global handhelds in healthcare market in the forthcoming years. Some of the leading companies in the global handhelds in healthcare market are Apple, Inc, GE Healthcare, Hewlett-Packard Development Company, L.P., Motorola Solutions, Inc., Siemens Healthcare, Welch Allyn, Inc., BlackBerry Limited, Honeywell International Inc., Medtronic plc, Omron Corporation, and Socket Mobile.
Based on geography, the global handhelds in healthcare market is segmented into Asia Pacific, Europe, North America, and Rest of the World. Currently, the global handhelds in healthcare market is dominated by North America, followed by Europe. The high adoption rate of portable handheld devices in the healthcare market helps North America to be the leader in the global handhelds in healthcare market.
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As per the World Health Organization (WHO), the global elderly population is expected to reach 2 billion by 2050, which was 524 million in 2010. As per the United Nations, the population of people aging 60 years and above is expepected to rise from 841 million in 2013 to more than 2 billion by 2050. The rising aging population and advancements in handheld devices are predicted to contribute further towards the growth of the global handhelds in healthcare market during the forecast period.
Due to the high rate of adoption of portable and mobile handheld devices in healthcare services in Asia Pacific, this region is expected to emerge as lucrative market for handhelds in the healthcare sector during the forecast period.
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