Market Business Insights - 22 December, 2022

As specified in our exclusive report, the Global Ambulatory Device Market is projected to reach USD 17.5 billion by 2030.

With the growing demand for technological advancements in various fields of ambulatory equipment, the ambulatory device market is projected to develop rapidly in the future. Furthermore, the rapid expansion of healthcare infrastructure in developed markets such as the US, Germany, Japan, and the UK is the major driver for the growth of the ambulatory device market.

Ambulatory devices are designed for recording and monitoring outpatient vital signs in hospitals, ambulatory surgical centers, and outpatient clinics. These devices are capable of measuring various patient parameters, such as blood glucose level, oxygen saturation, blood pressure, body temperature, pain, pulse rate, level of consciousness and respiratory rate sleep activity, urine output,

Ambulation is the ability to walk without any assistance. It is often used when describing a patient's goals after surgery or physical therapy. A patient may need assistance to reach the goal of the ambulance before they can walk on their own. After surgery, moving the patient as soon as possible is extremely important. Early ambulation techniques involve getting the patient out of bed as soon as it is medically safe to do so after a procedure. Activity will likely be very light and may include:

If patients cannot move on their own, they are encouraged to move as much as possible, even if it means introducing an assistive device.

Ambulatory assistive devices include:

  • Walkers
  • Canes
  • Crutches
  • Wheelchairs
  • Motorized scooters
  • Gait belts
  • Others

Which Region Holds the Highest Share?

Asia-Pacific will dominate the ambulatory device market during the forecast period. Due to rising investment in the healthcare sector and high hospital admission. The growth of the market in Asia-Pacific is driven by developing countries.

Some of the key players in the ambulatory device market are:

Abbott Laboratories, BioTelemetry, Inc., Baxter International Inc., Becton, Dickinson and Company, Boston Scientific Corporation, CamNtech Ltd., Dimetek Digital Medical Technologies, Ltd., Cardiovascular Systems, Inc., Compumedics Limited, Cadwell Industries, Inc., General Electric Company, Halma plc (Parent Company), iRhythm Technologies, Inc., Mediblu Medical LLC, Welch Allyn, Inc. (Subsidiary of Hill-Rom Holdings, Inc.), Mortara Instruments, Inc. (Subsidiary of Hill-Rom Holdings, Inc.), Vaso Corporation, Meditech Ltd., Smiths Group plc.

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