The ambulatory device market is expected to be valued at USD 15.20 billion in 2027 from USD 5.07 billion in 2019, registering a CAGR of 15.6% through the forecast period, according to a recent report by Emergen Research.
The report further sheds light on strategic initiatives and business expansion plans undertaken by the key companies operating in the Ambulatory Device industry. The report assesses the strategies such as mergers and acquisitions, government and corporate deals, partnerships and collaborations, joint ventures, brand promotions, and product launches, among others.
Read more @ https://www.emergenresearch.com/industry-report/ambulatory-device-market
Key Highlights From Report
- In September 2020, the FDA approved the Masimo Rad-G pulse oximeter. The pulse oximeter is a handheld system that combines the pleth respiration rate (RRp) and the pulse oximetry of Masimo’s signal extraction technology (SET) used for spot-checking or continuous monitoring.
- An infusion pump is a medical device that delivers a limited amount of fluids, such as drugs and nutrients, into the body of a patient. Infusion pumps are commonly used in healthcare facilities, such as nursing homes, hospitals, and in the home as well.
- An application for ECG tracking tracks heart electrical activity and displays a moving line of peaks and dips. The electrical current which runs through one’s heart is measured. The market demand is fuelled by the rising incidences of heart disease.
- Hospitals are registering increased demand for outpatient devices as emergency cases are increasing, and hospital workers need portable devices for easy monitoring. During the forecast period, the hospital segment will expand with a significant CAGR.
- North America is expected to dominate the ambulatory device market. The region has a well-developed healthcare sector, and market demand is propelled by the involvement of major market players.
- 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.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
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
Continued….
