Top 7 Companies in the Global Portable Medical and Healthcare Devices Market in 2025

The global portable medical and healthcare devices market was valued at USD 86.08 billion in 2024. The market is expected to grow at a CAGR of 17.20% during the forecast period of 2025-2034, with the values likely to reach USD 420.90 billion by 2034. The market is driven by technological advancements, such as miniaturization, AI integration, and improved connectivity across the globe.

Portable medical devices are compact and user-friendly instruments specifically designed for remote or home-based healthcare applications. They facilitate continuous monitoring, diagnostics, and treatment outside conventional clinical environments, thereby offering significant convenience and enhancing patient outcomes. These devices include wearables, handheld monitors, and portable therapeutic equipment, which contribute to increased accessibility and flexibility in healthcare delivery.

The global market for portable healthcare and medical devices presents a significant opportunity for growth, fueled by increasing healthcare needs and technological advancements. Innovations in miniaturization, connectivity, and artificial intelligence are enhancing the capabilities of these devices, making them more effective and user-friendly. This expansion is further bolstered by rising health awareness, the growing necessity for chronic disease management, and the increasing preference for home healthcare solutions.

In September 2024, Oxymed introduced the P2 portable oxygen concentrator in India, weighing only 1.98 kg. This innovative device delivers an impressive oxygen purity level of 90% to 95% and boasts a battery life of up to 10 hours. Such advancements are driving market growth, and meeting the rising demands in healthcare.

Let’s explore the profiles of top companies leading the global portable and healthcare medical devices market in 2025.

1.    Medtronic Plc.

Medtronic is a global leader in healthcare technology, offering innovative solutions for chronic pain, diabetes, and cardiovascular diseases. The company’s portable medical and healthcare devices, including Bluetooth-enabled implantable device s and remote monitoring systems, enable patient-centered care by ensuring seamless communication between patients and providers. Through strategic partnerships and a focus on advanced therapies, Medtronic drives growth in the portable medical devices market, addressing the demand for personalized and connected care solutions across diverse healthcare settings.

2.    Abbott Laboratories

Abbott is a prominent player with a strong presence in the market. Its i-STAT Alinity system is a handheld blood testing device designed for quick and accurate diagnostic results. This innovation supports critical decision-making in emergency settings, nursing homes, and even sports fields. By focusing on point-of-care solutions, the company drives growth in the market and enhances patient care worldwide through its commitment to research and development as well as healthcare accessibility.

3.    Koninklijke Philips N.V.

Philips stands at the forefront of global health technology, dedicated to enhancing patient care through innovative products. In the portable medical devices sector, the company offers the SimplyGo and SimplyGo Mini portable oxygen concentrators (POC), tailored for patients with varying oxygen needs. The SimplyGo Mini combines portability with durability for active users, while the SimplyGo is equipped with a large oxygen output for continuous or pulsed delivery. Philips’ advanced, easy-to-use solutions significantly contribute to the expansion of the portable oxygen device market.

4.    GE Healthcare

GE Healthcare is a prominent player in the market, providing innovative solutions for healthcare professionals. The company’s Vscan Air™ portable ultrasound systems, including the Vscan Air CL and Vscan Air SL, offer clinicians a compact, wireless option to perform real-time diagnostic imaging at the point of care. These handheld devices, equipped with B-mode, Doppler imaging, and AI-powered features like Caption Guidance and AutoEF, enhance diagnostic accuracy in a variety of specialties, such as OB/GYN, vascular, and cardiac assessments. GE Healthcare’s portable ultrasound systems are pivotal in advancing mobile healthcare and improving patient outcomes worldwide.

5.    Dexcom Inc.

Dexcom Inc. is a leader in continuous glucose monitoring systems, particularly known for the Dexcom G6. This portable device allows diabetes patients to monitor their glucose levels in real time without the need for fingersticks. The G6 system sends glucose data every five minutes to compatible smart devices, offering trend arrows to help users manage their condition proactively. Dexcom's innovation plays a pivotal role in the global portable medical devices market by advancing non-invasive, continuous monitoring solutions, ensuring patients have more control over their health while contributing to market growth.

6.    Siemens Healthineers

Siemens Healthineers stands as a pioneer in mobile radiography, offering advanced solutions like the Mobilett Elara Max and Polymobil Plus. The MOBILETT Elara Max is a lightweight, compact system that ensures superior image quality and flexibility, even in tight spaces. Its easy-to-clean design and seamless integration into IT networks make it a hygienic and efficient choice. Meanwhile, the Polymobil Plus delivers reliable, cost-effective performance with its high-quality imaging capabilities, playing a vital role in the portable medical devices market.

7.    Becton, Dickinson and Company

BD (Becton, Dickinson and Company) is a prominent player in the market, focusing on innovation and patient care. Their Magic3 Go™ family of intermittent catheters exemplifies their commitment to portability and ease of use. These hydrophilic catheters, made from 100% silicone, feature a non-touch technique with a Rose Handle or SureGrip™ Insertion Sleeve. Designed for everyday use, this product eliminates the need for water or lubricants, offering a clean, compact solution. BD’s role in the global portable medical devices market continues to grow, addressing the needs of patients seeking efficient and hygienic healthcare solutions.