Vancouver, BC -- (SBWIRE) -- 01/29/2021 -- The global ambulatory device market is estimated to reach a value of USD 15.20 Billion by 2027 at a CAGR of 15.6%, according to a recent report published by Emergen Research. The rising introduction of patient-friendly devices and the growing preference of outpatient care in order to reduce the period of hospital stay will drive the market growth during the forecast period. The increasing popularity of minimally invasive surgeries is also expected to boost market growth during the forecast years.

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Top Key Players: 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.

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.

North America will dominate the market for ambulatory devices. The region has a well-developed healthcare sector, and the presence of major market players are propelling the demand for the market.

Market Drivers

The increased efficiency, coupled with the reduced costs of ambulatory devices, will be a significant factor of growth during the forecast period. The growing investments of the governments in the healthcare sector to improve the health conditions are also expected to boost market growth over the forecast timeframe.

Product Outlook (Revenue, USD Billion; 2017-2027)
Infusion Systems
Monitoring Devices
Records
Others

Application Outlook (Revenue, USD Billion; 2017-2027)
Drug Delivery
ECG Monitoring
Blood Glucose Monitoring
Blood Pressure Monitoring
EEG Monitoring
Others

End-User Outlook (Revenue, USD Billion; 2017-2027)
Hospitals
Ambulatory Surgical Centers
Other

A significant rise in the incidence of hypertension and cardiovascular diseases is expected to drive market demand. The growth in the preferences of the people for minimally invasive surgeries will also have a significant impact over the market growth and demand, during the forecast years.

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Regional Outlook

North America is expected to dominate the global market, owing to its highly-developed technology and healthcare facilities. The existence of the major market players in the region is another reason for the regional market's dominance. The Asia Pacific region is forecast to have the highest CAGR of 16.3% during the forecast period, owing to the governments' huge investments in the healthcare sector and the rising prevalence of chronic diseases.

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

    4.1. Ambulatory Device Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increased Reimbursement Policies

                    4.2.2.2. Rising Geriatric Population

          4.2.3. Market restraints analysis

                    4.2.3.1. 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

Chapter 5. Ambulatory Device Market By Product Insights & Trends Revenue (USD Million)

    5.1. Product Dynamics & Market Share, 2019 & 2027

          5.1.1. Infusion Systems

          5.1.2. Monitoring Devices

          5.1.3. Records

          5.1.4. Others

Chapter 6. Ambulatory Device Market By Application Insights & Trends Revenue (USD Million)

    6.1. Application Dynamics & Market Share, 2019 & 2027

          6.1.1. Drug Delivery

          6.1.2. ECG Monitoring

          6.1.3. Blood Glucose Monitoring

          6.1.4. Blood Pressure Monitoring

          6.1.5. EEG Monitoring

          6.1.6. Others

Chapter 7. Ambulatory Device Market By End User Insights & Trends Revenue (USD Million)

    7.1. End User Dynamics & Market Share, 2019 & 2027

          7.1.1. Hospitals

          7.1.2. Ambulatory Surgical Centers

          7.1.3. Other

Continue…!

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