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polaris market research

Medical Tricorder Market 2020 Analysis Trend, Applications, Industry Chain Structure, Growth, and Forecast

January 28th, 2022 6:53 AM

Global Medical Tricorder Market Trending in 2021

The global medical tricorder market size is expected to reach USD 4,902.6 million by 2027 according to a new study by Polaris Market Research. The report “Global Medical Tricorder Market Share, Size & Trends Analysis Report, By Type (USB Camera, Fiber Optic Camera, Wireless, Corded, Others), By Application (Diagnosis, Monitoring, Others), By End-Use (Hospitals, Clinics, Others) Segments, By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Medical tricorder refers to the portable and handheld scanning device that is being deployed by the consumers for self-diagnosing the medical conditions in minimal time. The device is still not launched in the market for mass usage and the researchers are still working on it to enhance the features of the device.

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Some of the specific functions of medical tricorder device includes, precise disease diagnosis, displaying the live personal health information including, the heart rate and active health monitoring. Moreover, some other functions include, confirming immediately whether the person is feeling healthy otherwise there’s medical issue while finally, summarizing the overall health statistics of a person.

 

According to the Institute for Immersive Learning June 2020 publication, the augmented reality (AR) driven ultrasound technology of Apple’s Butterfly Network assist the doctors to guide people for their own home-based scans which brings the medical tricorder device concept very close to reality. Key market participants include, Ibis Biosciences, QuantuMDx Group Ltd., Cloud DX, Qualcomm Technologies, Inc., Ionis Pharmaceutical, Welfo Fiber Optics, Basil Leaf Technologies, LLC, Basler AG, Fujikura Ltd., Scanadu, and Hamamatsu Photonics K.K. are certain major players that are operational in the global market.

 

In addition, according to the Jewish Business News August 2020 publication, PulseNmore has launched a portable ultrasound device that allows to easily perform ultrasound scan or pregnant women at home. The ultrasound scans from the device can be quickly sent to the gynaecologists or any concerned physician on their smartphones or any other handheld device for further medical advice and intervention. PulseNmore has partnered with Clalit, a healthcare organization in Israel to drive the distribution and usage of this handheld ultrasound devices among the Israeli women.

 

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The market players are primarily focusing on performing extensive research to boost development of novel medical tricorders that could enable people for self-diagnosis of various health conditions. For instance, according to the NBC Universal May 2017 news publication, Basil Harris and other researchers are consistently involved in developing a cost-effective and highly advanced device which is capable of performing medical diagnosis within merely few minutes.

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