Global Ambulatory Device Market: Focus on Products, Applications, End Users, Country-wise Analysis, Industry Insights, and Competitive Landscape - Analysis and Forecast, 2018-2028
LONDON, Sept. 4, 2018 /PRNewswire/ -- Global Ambulatory Device market to Deliver $17.55 Billion by 2028, Reports BIS Research
Download the full report: https://www.reportbuyer.com/product/5492707
The medical device industry is focused on the development of advanced ambulatory devices using telemedicine technology for the better outpatient care. The increasing prevalence of chronic disorders and development of the healthcare infrastructure are promoting the growth of the ambulatory devices for better treatment and improved quality of life of patients.
The ambulatory devices include monitoring devices, infusion systems, recorders, and other products to monitor and record the patient's vital signs and examine the obtained results.Currently, ambulatory devices are considered a valuable tool for the outpatients in hospitals, ambulatory surgical centers, and outpatient clinics to provide cost-effective and highly efficient diagnosis and treatment.
Moreover, advancements in ambulatory devices reduce turn-around time and complexity of diagnosis with continuous patient monitoring.The telemedicine technology provides several opportunities to develop the precise and targeted treatment for various chronic disorders.
The medical device industry is witnessing the growth of ambulatory devices developed using telemedicine technology.Several medical device companies are now indulging in the research and development of such telemedicine-based ambulatory products.
Furthermore, the advent of e-health technologies in the medical device industry has enabled the companies to target the root cause of chronic diseases with continuous patient monitoring and provide personal digital assistance to remain competitive in the market.
The purpose of this study is to gain a holistic view of the ambulatory device market in terms of various influencing factors, such as recent trends, regulatory requirements, and technological advancements of the market.The scope of this report constitutes a detailed study of the products associated with the global ambulatory device market, across different regions.
The market has been segmented into 'products,' 'applications,' 'end users,' and 'regions.' The report presents the reader with an opportunity to unlock comprehensive insights with respect to the market and helps in forming well-informed strategic decisions. The research uncovers some of the substantial parameters that must be taken into consideration before entering the market.
This research report aims at answering various aspects of the global ambulatory device market with the help of the key factors driving the market, restraints, and challenges that can inhibit the overall market growth and the current growth opportunities that are going to shape the future trajectory of the market expansion.The report includes an in-depth examination of the key players and recent developments taking place in this market.
Moreover, the report includes chapters on market dynamics (market drivers, opportunities, and challenges) and industry analysis as well.
The research study highlights the factors governing the industry attractiveness with Porter's Five Forces for a comprehensive understanding of the global ambulatory device market. Moreover, the study includes detailed product mapping with further sub-segmentation in various countries, and in each sub-segment, the key market trends, list of the key companies, and the key strategies and developments have also been discussed.
The answers to the following key questions can be derived from this report:
• How did the ambulatory device market evolve, and what is its scope in the future?
• What are the major market drivers, challenges, and opportunities in the global ambulatory device market?
• What are the key developmental strategies that are implemented by the key players to sustain in this market?
• How will the influencing factors affect the industry attractiveness?
• How are the ambulatory devices utilized with e-health technologies?
• How will the reimbursement policies by various government organizations affect the global ambulatory device market?
• What was the market size of the leading segments and sub-segments of the global ambulatory device market in 2017?
• How will the industry evolve during the forecast period 2018-2028?
• What will be the growth rate of the ambulatory devices during the forecast period?
• How will each segment of the global ambulatory device market grow during the forecast period, and what will be the revenue generated by each of the segments by the end of 2028?
• Which product, application, and end user segments are expected to register the highest CAGR for the ambulatory device market?
• What are the major benefits of the implementation of ambulatory devices in different fields of applications including drug delivery, ECG monitoring, blood pressure monitoring, EEG monitoring, and blood glucose monitoring?
• What is the market size of ambulatory devices in different countries of the world?
• Which geographical region will contribute to the highest sales of ambulatory devices?
• Who are the key players in the ambulatory device market, and what are their contributions?
The key players who have been contributing significantly to the ambulatory device market include Abbott Laboratories, Baxter International Inc., Becton, Dickinson and Company, BioTelemetry, Inc., Boston Scientific Corporation, Cadwell Industries, Inc., CamNtech Ltd., Cardiovascular Systems, Inc., Compumedics Limited, General Electric Company, Halma plc, Hill Rom Holdings, Inc., iRhythm Technologies, Inc., Natus Medical Incorporated, OSI Systems, Inc., Siemens AG, Smiths Group plc, and Vaso Corporation, among others.
Executive Summary
Ambulatory devices are designed for monitoring and recording outpatient's vital signs in the hospitals, ambulatory surgical centers, and outpatient clinics.These devices are capable of measuring various patient's parameters, such as blood pressure, blood glucose levels, oxygen saturation, body temperature, sleep activity, pain, pulse rate, urine output, level of consciousness, and respiration rate.
These devices are also used for drug delivery through ambulatory infusion systems for non-invasive and less painful drug delivery procedures. Ambulatory devices are designed with the advanced technology to provide additional features, such as Bluetooth connectivity, portability, and installed a tracking system, among others, for better outpatient monitoring.
Ambulatory devices are used for providing ambulatory care to the outpatients by virtually assisting the patient and recording the real-time events of the patient's body.These devices digitally transfer the data of the patient's vital signs from an individual device to the computer or handheld personal digital assistance (PDA) machine.
Ambulatory devices provide virtual real-time assistance to patients by physicians, thus decreasing the severity of the diseases and reducing the time of treatment. The advent of the telemedicine technology has transformed the field of the medical device by reducing the turnaround time and cost of treatment, thus enhancing the accuracy, efficiency, and safety during treatment and encouraged numerous innovations.
The purpose of the study is to gain a holistic view of the ambulatory device market in terms of various factors influencing it such as recent trends and technological advancements of the market.The scope of this report is centered upon conducting a detailed study of the products associated with the global ambulatory device market across different regions.
The global ambulatory device market is segmented into four different parts namely by product, by application, by end user, and by region.The global market value was estimated using these four different approaches and was validated with one another.
The global ambulatory device market is expected to reach $17.55 billion by 2028.
With the increasing demand for the technological advancements across various segments of the ambulatory devices, the ambulatory device market is expected to witness rapid growth in the future. Further, the swift expansion of the healthcare infrastructure in the developed markets such as the U.S., Japan, Germany, and the U.K. is the key driver for the growth of the ambulatory device market. Moreover, the infusion systems sub-segment dominated the global ambulatory device market in 2017 in terms of products. Moreover, the infusion systems sub-segment is anticipated to witness the highest CAGR during the forecast period. The drug delivery application-based ambulatory devices witnessed the highest industry demand. Further, the drug delivery application using ambulatory infusion systems is also expected to witness impressive CAGR during the forecast period.
On the basis of regions, the global ambulatory device market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, and Rest-of-the-World (RoW). North America is the leading contributor to the global ambulatory device market and contributed 50.34% of the global market values in 2017. However, Asia-Pacific is expected to grow at a CAGR of 16.46% during the forecast period, followed by North America region.
The key players who have been contributing significantly to the ambulatory device market include Abbott Laboratories, Baxter International Inc., Becton, Dickinson and Company, BioTelemetry, Inc., Boston Scientific Corporation, Cadwell Industries, Inc., CamNtech Ltd., Cardiovascular Systems, Inc., Compumedics Limited, General Electric Company, Halma plc, Hill Rom Holdings, Inc., iRhythm Technologies, Inc., Natus Medical Incorporated, OSI Systems, Inc., Siemens AG, Smiths Group plc, and Vaso Corporation, among others.
Countries Covered
• North America
• The U.S.
• Canada
• Europe
• Germany
• France
• The U.K.
• Italy
• Spain
• The Netherlands
• Switzerland
• Belgium
• Sweden
• Austria
• Rest-of-Europe
• Asia-Pacific
• Australia
• China
• India
• Japan
• South Korea
• Rest-of-Asia-Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Rest-of-Latin America
• Middle East and Africa
• South Africa
• Saudi Arabia
• United Arab Emirates (U.A.E.)
• Rest-of-Middle East and Africa
• Rest-of-the-World
Download the full report: https://www.reportbuyer.com/product/5492707
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com
SOURCE ReportBuyer
Share this article