LAMEA Accelerometer Medical Sensors Market Size, Share & Industry Trends Analysis Report By Product (Wearable and Non-wearable), By End-Use (Hospital & Clinics and Others), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Accelerometer Medical Sensors Market would witness market growth of 19.4% CAGR during the forecast period (2022-2028).
Sedentary behavior is linked to a higher risk of a number of chronic health issues, including depression, cardiovascular disease, type 2 diabetes, obesity, and several malignancies. Therefore, regular, moderate-vigorous physical activity is encouraged as a key component of clinical recommendations for preventing or managing chronic health disorders, such as cardiovascular disease and diabetes. It is well acknowledged that promoting physical exercise as a component of leading a healthy lifestyle is crucial for public health initiatives to reduce the rising burden of chronic diseases worldwide.
Prior to any intervention, health experts regularly evaluate the amount of physical activity among their patients. Exercise has even been called a vital sign, leading to the development of quick, self-report questionnaires to gauge patients' recent physical activity levels in terms of frequency, intensity, and volume. These quick evaluations of physical activity are appealing in clinical settings because they are quick and simple to complete.
The incidence and frequency of chronic illnesses are increasing in the Latin America region, resulting in deteriorating health and rising healthcare costs. Therefore, the region's healthcare programs are trying to emphasize the rising prevalence of chronic diseases. This would enable the adoption of better pharmaceuticals to treat the condition and the expanding awareness of the low quality of life (QoL) that these illnesses bring. Brazil, too has a high mortality rate from CVD, which is mostly brought on by two reasons. The first is the introduction of lifestyle changes related to urbanization and globalization, such as increased calorie consumption and decreased energy expenditure. Another aspect is the fast population aging brought on by longer life expectancies and declining fertility.
The Brazil market dominated the LAMEA Accelerometer Medical Sensors Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $169.5 Million by 2028. The Argentina market is exhibiting a CAGR of 20% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 19% during (2022 - 2028).
Based on Product, the market is segmented into Wearable and Non-wearable. Based on End-Use, the market is segmented into Hospital & Clinics and Others. Based on Application, the market is segmented into Chronic illness & Risk-monitoring, Wellness Monitoring, In hospital clinical Monitoring, Sensor Therapeutics, and Post-acute Care Monitoring. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Accelerometer Medical Sensors Market is Predict to reach $7.3 Billion by 2028, at a CAGR of 13.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fitbit, Inc (Google LLC), Analog Devices, Inc., Koninklijke Philips N.V., ResMed, Inc., Compumedics Limited, Garmin Ltd., Aetna, Inc. (CVS Pharmacy, Inc.), BMC Medical Co., Ltd., and SOMNOmedics GmbH.
Scope of the Study
Market Segments Covered in the Report:
- Hospital & Clinics
- Chronic illness & Risk-monitoring
- Wellness Monitoring
- In hospital clinical Monitoring
- Sensor Therapeutics
- Post-acute Care Monitoring
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Fitbit, Inc (Google LLC)
- Analog Devices, Inc.
- Koninklijke Philips N.V.
- ResMed, Inc.
- Compumedics Limited
- Garmin Ltd.
- Aetna, Inc. (CVS Pharmacy, Inc.)
- BMC Medical Co., Ltd.
- SOMNOmedics GmbH
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Global Accelerometer Medical Sensors Market Report 2022-2028
North America Accelerometer Medical Sensors Market Report 2022-2028
Asia Pacific Accelerometer Medical Sensors Market Report 2022-2028
Europe Accelerometer Medical Sensors Market Report 2022-2028