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. Global Ambulatory Device market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic Ambulatory Device markets, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits.
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The latest report provides detailed insights into Ambulatory Device market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Ambulatory Device market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. 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.
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Ambulatory Device Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
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.
- Hospitals witness an increased demand for ambulatory devices as there is a rise in emergency cases, and hospital staff requires portable devices for easy monitoring. The segment will grow with a significant CAGR during the forecast period.
Region wise performance of the Ambulatory Device industry
North America Ambulatory Device market growth registered a significant incline in 2020 and this is having major impact on market growth of other major regions. In addition, North America Ambulatory Device market growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall Ambulatory Device market trends, and this is expected to continue to support market growth in North America.
Asia Pacific Ambulatory Device market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Ambulatory Device market growth in 2020, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Ambulatory Device market growth in Asia Pacific.
Europe Ambulatory Device market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Ambulatory Device market trends in countries in other major regions.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Ambulatory Device Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Ambulatory Device Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
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. Ambulatory Device Market indicators analysis
4.2.2. Ambulatory Device Market drivers analysis
22.214.171.124. Rapid urbanization and industrialization
126.96.36.199. Stringent government regulations regarding carbon emissions
188.8.131.52. Increasing prevalence of respiratory diseases
184.108.40.206. Rising need to enhance indoor air quality
4.2.3. Ambulatory Device Market restraints analysis
220.127.116.11. High cost associated with the maintenance of Ambulatory Device products
18.104.22.168. Availability of renewable sources of energy
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
Chapter 10. Competitive Landscape
10.1. Ambulatory Device Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Ambulatory Device industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Ambulatory Device market across different regions?
- Who are the major driving forces expected to decide the fate of the Ambulatory Device industry worldwide?
- Who are the prominent market players making a mark in the Ambulatory Device market with their winning strategies?
- Which Ambulatory Device industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Ambulatory Device market?
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