Medical Tricorder Market

Medical Tricorder - Global Market Outlook (2019-2027)

5.0 (85 reviews)
Published: August 2020 ID: SMRC19852
5.0 (85 reviews)
Published: August 2020 ID: SMRC19852

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Medical Tricorder Market is accounted for $3.43 billion in 2019 and is expected to reach $6.68 billion by 2027 growing at a CAGR of 8.7% during the forecast period. Some of the key factors propelling the market growth are increasing outpatient services in the hospitals, rising occurrence of cardiovascular diseases, and growing awareness among patients. However, the long approval time is the restraining factor for the growth of the market.

A medical tricorder is a multifunction hand-held device which finds application in sensor scanning, data analysis and recording, self-diagnose of medical conditions within seconds, and performing basic vital measurements.

By end-user, the hospital segment is expected to grow at a significant market share during the forecast period owing to its easy accessibility and the presence of a large patient pool. Based on geography, North America is anticipated to hold considerable market share during the forecast period which is attributed to the favourable reimbursement policies and increasing healthcare expenditure.

Some of the key players in Medical Tricorder Market include Basil Leaf Technologies LLC, QuantuMDx Group Ltd, Basler AG, Ibis Biosciences, Ionis Pharmaceutical, Scanadu, Welfo Fiber Optics, Hamamatsu Photonics K.K., Fujikura Ltd, Cloud DX, and Qualcomm Technologies Inc.  

Types Covered:
• Corded
• Wireless
• Fiber Optic Camera
• USB Camera

Products Covered:
• Wearable Medical Tricorder
• Portable Medical Tricorder

Applications Covered:
• Monitoring
• Diagnosis

End Users Covered:
• Hospital
• Clinics
• Ambulatory Surgical Centers
• Pharmaceutical Companies

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK  
o Spain 
o Rest of Europe       
• Asia Pacific
o Japan        
o China        
o India        
o Australia        
o New Zealand       
o Rest of Asia Pacific
• South America 
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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