Remote Patient Monitoring Devices Market Size, Strategies and Research Forecast 2024–2032
The global remote patient monitoring devices market is projected to grow from USD 30.05 billion in 2021 to USD 101.02 billion in 2028 at a CAGR of 18.9% during forecast period
In a recent study, Fortune Business Insights presents the nitty-gritty of the global Remote Patient Monitoring Devices Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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The Remote Patient Monitoring Devices Market study outlines the key regions of North America, Latin America, Europe, East Asia, Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are
- Philips (Amsterdam, Netherlands)
- Medtronic (Dublin, Ireland)
- A&D Company, Limited (California, U.S.)
- Boston Scientific Corporation (Massachusetts, U.S.)
- GE Healthcare (Illinois, U.S.)
- Omron Corporation (Kyoto, Japan)
- VitalConnect (California, U.S.)
- OSPLabs (California, U.S.)
- 100-Plus (San Francisco, U.S.)
- Nihon Kohden Corporation (Tokyo, Japan)
- F. Hoffmann-La Roche AG (Basel, Switzerland)
Market Dynamics
According to the World Health Organization, the number of people aged 65 and over is expected to reach 1.5 billion by the year 2050. In addition, the number of chronic diseases affecting the elderly will increase between 2021 and 2028.By therefore, the need to monitor and manage vital signs is increasing the good of diseases. For example, a study published in the Journal of American Medical Informatics Association (JAMIA) found that remote patient monitoring improves patient participation in patient management. Therefore, the adoption of remote systems among the geriatric population to avoid frequent hospital visits is expected to drive the market growth during the forecast period..
The insights for each vendor consist of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
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Crucial insights in the Remote Patient Monitoring Devices Market research:
- Underlying macro- and microeconomic factors impacting the growth of the Remote Patient Monitoring Devices Market.
- Basic overview of Remote Patient Monitoring Devices Market, including market definition, classification, and applications.
- Scrutinization of each Remote Patient Monitoring Devices Market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Remote Patient Monitoring Devices Market across various industries.
- Important regions and countries offering lucrative opportunities to Remote Patient Monitoring Devices Market stakeholders.
Segmentation Analysis:
By Type
Devices
Multi-parameter Monitoring
Respiratory Monitoring
Blood Glucose Monitoring
Cardiac Monitoring
Others
Services
By Application
Oncology
Diabetes
Cardiovascular Diseases
Others (Weight Management, Fitness)
By End-user
Payers
Providers
Patients
Important regions covered in the Remote Patient Monitoring Devices Market report include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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