Medical Tricorder Market Size Worth $4,902.6 Million By 2027 | CAGR: 6.6% : Polaris Market Research

News provided by

Dec 07, 2020, 07:30 ET

NEW YORK, Dec. 7, 2020 /PRNewswire/ -- According to the new market research report the global medical tricorder market is anticipated to reach USD 4,902.6 Million By 2027 with a CAGR of approximately 6.6% from 2020 to 2027. Increasing use of smart medical devices, rising preference for outpatient service, and improvement in healthcare infrastructures are flourishing the global medical tricorder market. Growing demand for advanced technology-driven devices, innovations in technology, a huge patient pool suffering from diabetes, and several adverse effects of existing diagnostic methods are expected to boost the demand for the global market. Furthermore, the demand for medical triode is driven by its increased application among health care providers to enable effective diagnosis of a patient's health condition. Increasing prevalence of cardiovascular diseases in developing and developed countries coupled with major investments from public-private organizations for innovations in monitoring & diagnosis is further fuelling the growth of the global market.

Request Sample Report at: https://www.polarismarketresearch.com/industry-analysis/medical-tricorder-market/request-for-sample

Key Takeaways for Global Medical Tricorder Market:

The diagnosis application segment is projected to have a significant market share during the forecast period owing to the rising prevalence of diseases, increasing adoption of diagnostic devices, and rapid advancement in healthcare technologies.
The hospital segment is expected to grow at a lucrative rate over the forecast period on account of the presence of a large patient pool, patient's preference for hospitals, and beneficial reimbursement policies.
The recent outbreak of the COVID-19 pandemic across the globe has led to an increase in demand for medical tricorder for monitoring and diagnosis of patient's medical condition to prevent the spread of infectious coronavirus and provide optimum care to the patient.
Researchers from the University of Glasgow developed a multicorder to enable rapid medical diagnostics easily accessible to people around the globe. The multicorder development is primarily inspired by Star Trek's popular tricorder device and comes with a pair of handheld sensors to be used with a Smartphone app.

Competitive Insight:

Some of the major players operating in the global market include Basler AG, Cloud DX, QuantuMDx Group Ltd., Hamamatsu Photonics K.K., Ibis Biosciences, Ionis Pharmaceutical, Scanadu, Basil Leaf Technologies, Qualcomm Technologies, Inc., Fujikura Ltd., and Welfo Fiber Optics are some of the key players operating in the global medical tricorder market. Market players working in the global market are involved in several strategic moves such as acquisitions, mergers, and collaborations to increase their capabilities and boost the market position.

Get Full Research Summary on Global Medical Tricorder Market At : https://www.polarismarketresearch.com/industry-analysis/medical-tricorder-market

Regional Insight & Trend Analysis:

Extensive adoption of medical tricorder across North America is creating a huge demand for the regional market. Additionally, a tremendous rise in the patient pool and high disposable income are supporting regional growth. Moreover, an increase in the cases of diabetes is one of the major factors responsible for the surge in the demand for medical tricorder across the region. The European market is also growing at a faster rate owing to the increasing emphasis on early diagnosis of diseases, extensive research in advanced product development, and growing awareness for the use of tricorder. Growing geriatric population and favorable government initiatives in the Asia Pacific is expected to propel the regional demand.

Target Audience

Supply Side: Medical Tricorder Manufacturers and Suppliers
Demand Side: Hospitals, Clinics, Nursing Homes
Regulatory Side: World Health Organization (WHO)
Associations and Industry Bodies: Food and Drug Associate (FDA)

Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts At: https://www.polarismarketresearch.com/industry-analysis/medical-tricorder-market/speak-to-analyst

Polaris Market Research Has Segmented the Medical Tricorder Market Report On The Basis of Type, Application, End-Use, and Region

Medical Tricorder Type Outlook (Revenue – USD Million, 2016 – 2027)

USB Camera
Fiber Optic Camera
Wireless
Corded
Others

Medical Tricorder Application Outlook (Revenue – USD Million, 2016 – 2027)

Diagnosis
Monitoring

Medical Tricorder End-Use Outlook (Revenue – USD Million, 2016 – 2027)

Hospital
Clinics
Pharmaceutical Companies

Medical Tricorder Regional Outlook (Revenue – USD Million, 2016 – 2027)

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
MEA (Saudi Arabia, UAE, Israel, South Africa)

List of Key Players of Medical Tricorder At:

QuantuMDx Group Ltd.
Ibis Biosciences
Ionis Pharmaceutical
Cloud DX
Qualcomm Technologies, Inc.
Basil Leaf Technologies, LLC
Welfo Fiber Optics
Fujikura Ltd.
Basler AG
Hamamatsu Photonics K.K.

Find more research reports on Healthcare Industry by PMR

Ultrasound Devices Market [By Product Type (Diagnostic Devices - 2D Imaging, 3D & 4D Imaging, Doppler Imaging; Interventional Devices - High-Intensity Focused Ultrasound, Low Intensity Pulsed Ultrasound, Extracorporeal Shockwave Lithotripsy); By Devices Portability (Compact/Handheld, Cart/Trolley); By Application (Obstetrics and Gynecology, Radiology/General Imaging, Cardiology, Urology, Vascular, Others); By End-User (Hospitals, Diagnostic centers); By Region, Segments & Forecast, 2017 – 2026

Global Sepsis Diagnostics Market [By Products (Instruments, Blood Culture Media, and Assay Kits and Reagents); By Technology (Microbiology, Molecular Diagnostics, Immunoassays, and Flow Cytometry); By Tests (Bacterial Sepsis and Fungal Sepsis); By Testing Type (Laboratory Testing and PoC Testing); and by Regions]: Market size & Forecast, 2017 – 2026

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact Us:

Likhil G
30 Wall Street
8th Floor,
New York City, NY 10005,
United States
Phone: +1-917-985-9017
Email: [email protected]
Web: https://www.polarismarketresearch.com/
Follow Us : LinkedIn | twitter