The increased preference for outpatient care and the cost-effective nature of the therapy is driving the market demand.
CANADA, BC, VANCOUVER, December 28, 2021 /EINPresswire.com/ — The global Ambulatory Device Market is forecasted to be worth USD 15.20 Billion by 2027, according to a current analysis by Emergen Research. Ambulatory devices are witnessing an increased demand owing to the growing preference for outpatient services and avoiding hospital stay and the cost related to it. The market devices have the ability to measure a patient’s blood glucose levels, blood pressure, body temperature, oxygen saturation, sleep activity, pulse rate, level of consciousness, pain, urine output, and respiration rate. The report is formulated with the updated and latest information of the global Ambulatory Device market further validated and verified by the industry experts and professionals. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. Moreover, the adverse effects of the coronavirus pandemic on the global Ambulatory Device market, as well as its fundamental segments, have also been elucidated in this report. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Ambulatory Device industry.
Ambulatory devices are also equipped with advanced technologies to provide additional benefits of portability, Bluetooth connectivity, installed tracking system, and portability. The devices are used by the older population or by people who are suffering from a neurological deficit or musculoskeletal impairments. Thus, the growing geriatric population and surge in the incidence of diseases are propelling the market demand. Several medical treatments for chronic and acute ailments and illness and the ambulatory devices can help in preventive health care. The devices can be used any time at any given place and can help in performing minor surgical and medical procedures, such as dermatology and dental. The support from non-governmental organizations is encouraging market demand.
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Key participants include Baxter International Inc., Abbott Laboratories, BioTelemetry, Inc., Becton, Dickinson and Company, Boston Scientific Corporation, CamNtech Ltd., Cadwell Industries, Inc., Compumedics Limited, Cardiovascular Systems, Inc., and General Electric Company, among others.
Key Highlights From The Report
In September 2020, the Masimo Rad-G pulse oximeter was clarified by the FDA. The pulse oximeter is a handheld device that combines respiration rate from the pleth (RRp) and Masimo’s signal extraction technology (SET) pulse oximetry, which is used to spot-check or continually monitor.
An infusion pump is a medical device which delivers fluids, such as medications and nutrients, into a patient’s body in a limited amount. Infusion pumps are widespread usage in clinical settings such as nursing homes, hospitals, and also in the home.
An ECG monitoring application monitors heart electrical activity and shows a moving line of peaks and dips. It measures the electrical current, which runs through one’s heart. The growing incidence of heart diseases has propelled the demand for the market.
The latest research report by Emergen research, named ‘Global Ambulatory Device Market – Forecast to 2027’, entails a comprehensive review of the global Ambulatory Device market’s present and future trends. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals. The Global Ambulatory Device Market Report offers extensive knowledge and information about the Ambulatory Device market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period.
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For the purpose of this report, Emergen Research has segmented into the global Ambulatory Device Market on the basis of product, application, end-user, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Blood Glucose Monitoring
Blood Pressure Monitoring
End-User Outlook (Revenue, USD Billion; 2017-2027)
Ambulatory Surgical Centers
The report aims to deliver a comprehensive understanding of the Ambulatory Device market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Key Geographies Profiled in the Report:
North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
Additionally, the report provides an extensive analysis of the Ambulatory Device market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence. Furthermore, the report provides a comprehensive overview of the Ambulatory Device market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Ambulatory Device Market Segmentation & Impact Analysis
4.1. Ambulatory Device Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
126.96.36.199. Increased Reimbursement Policies
188.8.131.52. Rising Geriatric Population
4.2.3. Market restraints analysis
184.108.40.206. Strict Legal Requirements and Regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
The report scrutinizes the salient factors influencing the growth of the market in the near future.
Besides offering a vivid depiction of the global Ambulatory Device business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
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