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Its growth is attributed to the growth of chronic diseases and the development of health technology.
Future Market Insights Globals and Consulting Pvt said the portable medical device market is expected to reach $191.1B by 2035 at a CAGR of 10.4%. Limited
The industry’s expansion is attributed to the rising rates of chronic diseases and development in healthcare technologies.
In addition, the adoption of remote patient monitoring, artificial intelligence and medical Internet have led to a rising demand for portable medical devices.
“Technical innovations in miniaturization, wireless connectivity and battery efficiency are making portable medical devices more efficient and user-friendly,” the report said.
In addition, government initiatives and investments in telehealth and digital health infrastructure have further accelerated market growth.
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