[Max Smith]

Portable Medical and Healthcare Devices Market industry analysis reveals that the global market was valued at US$ 15 Bn in 2020, and is projected to top US$ 33 Bn by 2031, expanding at a CAGR of 11%. Demand for monitoring devices is projected to expand at a CAGR of 11% reaching a valuation of around US$ 16 Bn, with that for medical therapeutic devices also surging at 11%. The burgeoning population, increasing income levels, rise in ageing population and awareness about health and wellness has catalysed the growth of the market for portable medical devices in the past few years. Portable medical devices use sensors and other advanced wireless technologies to monitor real-time health of the patient.

[Max Smith]

Cobalt Market is projected to witness robust growth at an astounding CAGR of over 8% to reach a market value of around USD 13.6 billion by the end of 2027. Based on form, the cobalt market has been segmented into metal, chemical compound, and purchased scrap. The chemical compound segment held the largest share of the market with a market value of over USD 3,800 million in 2019. The organic and inorganic chemical compounds of cobalt find their use in various applications. Cobalt electrolyte is used in lithium-ion batteries for high-performance vehicles such as electric trains, electric cars, and bikes. It is also used in various electronic devices such as digital cameras and smartphones.

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