The use of
medical tricorders as a medical healthcare device has stemmed from science
fiction originally. Focused market reports linked with the healthcare industry
among others lately have been made available by Market Research Future which
issues reports on this industry.
The growing
demand for having portable medical devices is increasing due to the development
of medical facilities in non-urban areas and setups. With the growing trend
noticed for wearable technology, the scope of development for the market has
increased considerably. The factors that are likely to motivate the market in
the forecast period are the swift pace of technological progress, ease of
diagnosis and amplified government support in terms of R & D.
Industry Segments
The medical tricorder market share is segmented on the basis of type, regions, application and end
users. On the basis of type, the market segmentation includes fiber optic
camera, USB camera, wireless, corded and other types. The regions included in
the market consist of Europe, North America, Middle East, Africa, APAC and rest
of the world. The segmentation on the basis of application comprises of
monitoring, diagnosis, and other applications. The end users-based segmentation
of the market consists of clinics hospitals and others.
Detailed Regional
Analysis
The medical tricorder market report consists of regions such as Europe, Americas, Asia-Pacific and
the Middle East and Africa. The North
American region is the major market whose development is credited to the demand
for improved technology for diagnosis of the ongoing health of a patient drive
and an upsurge in the patient pool in this market in America. The European
region is the second chief market driven by widespread research in
ground-breaking product development, and implementation of new technologies in
healthcare institutes such as research institutes, hospitals & clinics,
diagnostics center, clinical laboratories, and home care settings. The Asia
Pacific currently displays solid development in this market, due to the
intensifying occurrence of chronic diseases such as diabetes, obesity, growing
geriatric population, cardiovascular diseases, and growth in the healthcare
sector. Nations such as China and India are anticipated to be the developing
market in the Asia Pacific region, due to the growing number of patients
diagnosed with chronic diseases, and increased progress potentials supported by
favorable macro-economic conditions. The market displays steady but positive
development in the Middle East & Africa region due to the demand for
primary care services for the treatment and diagnosis of chronic diseases,
intensifying awareness about preventive measures for various diseases, and
growing emphasis on women and childcare.
Global
Competitive Analysis
The noticeable
trends and players have led to a positive tone for development. The forecast
for growth and innovation has improved at a prompt pace changing the market.
The important trends and players have created a positive tone for development.
The contenders in the market have been stimulated to ideate strategic road-maps
that exploit on the constructive market cues. The inducement for the market’s
growth has improved the competitive backdrop of the market. By ensuring supply
and demand are in balance, the competitors can capture new opportunities for
growth. The ideal opportunities are being engaged and converted to modifying
the growth pace of the market substantially. Scanadu (US), Ibis Biosciences
(U.S.) and QuantuMDx Group Ltd. (UK) are among the few key players in the
market who are influential to the market’s growth in the forecast period.
Industry Updates:
June 2018
Birmingham’s Aston University researchers have created a working desktop
prototype of a machine which can take readings from blood and human tissue
using laser beams. It has been successfully run a trial at Ninewells Hospital
in Dundee while a portable prototype which has applications beyond medicine
that is under work. The creators at the Aston Institute of Photonic
Technologies (AIPT) have said that it permits a range of tests to be carried
out swiftly and painlessly. The use of tricorders to effortlessly diagnose a
variety of ailments may soon become a reality. The machine includes three
separate lasers to monitor how efficiently blood is carried to tissue, and
measures blood-oxygen levels and also overlooks cell metabolism.
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