San Francisco, 11 April , Remote Patient Monitoring System Market Size, Share & Trends
Analysis Report By Product (Vital Sign Monitors, Specialized Monitors), By End
Use, By Application, And Segment Forecasts, 2019 - 2026
The global remote patient monitoring system market is expected to reach USD 1.8
billion by 2026, according to a new report by Grand View Research Inc. It is
projected to register a CAGR of 13.5% during the forecast period. Remote
patient monitoring system, due to their capability to monitor various chronic
conditions such as diabetes, cardiovascular conditions, and cancer, are
expected to witness substantial growth in demand. Increasing incidence of
cardiovascular diseases, rising geriatric population, and demand for
independent and healthy living are the high impact rendering drivers.
Moreover, improving healthcare
infrastructure, post-acute care management, and focus of key market players on
emerging economies is also expected to fuel the growth of the remote patient
monitoring system market. Rapid technological advancements are expected to lead
towards the availability of a better option for healthcare practitioners and
the patients, thereby promoting the growth.
Remote patient monitoring
system encompass a wide array of technologies designed to manage, evaluate,
notify, intervene, and modify the treatment plan as required. The remote
patient monitoring system are most commonly used to reduce the progression of
chronic disorders and to enhance recovery after getting discharged from an
acute care unit. These technologies also alert caregivers for prompt
intervention through any vulnerable condition.
Access Full Research
Report On Remote Patient Monitoring System Analysis:
https://www.grandviewresearch.com/industry-analysis/remote-patient-monitoring-devices-market
https://www.grandviewresearch.com/industry-analysis/remote-patient-monitoring-devices-market
Further key findings from the report suggest:
·
Heart rate monitors is
identified as the most lucrative segment with a significant CAGR over the
forecast period owing to increasing incidence of cardiac conditions globally
·
Hospitals accounted for a
lucrative market share in 2018. However, alternate sites for patient monitoring
such as home healthcare and ambulatory care are anticipated to witness
lucrative growth over the forecast period
·
Asia Pacific is expected to
showcase high growth potential due to the presence of large unmet needs in
emerging economies such as China and India. Supportive government initiatives
to curb the deteriorating environmental conditions and enhancing healthcare
infrastructure in Japan and Australia are also expected to propel the regional
growth
·
Key players operating in the
remote patient monitoring market include Philips; Honeywell; American Telecare;
Roche; Philips Healthcare; Bosch; Biotronik; Intel; Welch Allyn; Health
anywhere Inc.; Johnson & Johnson; and Covidien Plc.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
global remote patient monitoring System market on the basis of product,
application, end use, and region:
Remote Patient Monitoring
System Product Outlook (Revenue, USD Million, 2015 - 2026)
·
Vital Sign Monitors
o
Blood Pressure Monitors
o
Pulse Oximeters
o
Heart Rate Monitor (ECG)
o
Temperature Monitor
o
Respiratory Rate Monitor
o
Brain Monitoring (EEG)
·
Special Monitors
o
Anesthesia Monitors
o
Blood Glucose Monitors
o
Cardiac Rhythm Monitor
o
Respiratory Monitor
o
Fetal Heart Monitors
o
Prothrombin Monitors
o
Multi Parameter Monitors (MPM)
o
Others
Remote Patient Monitoring
System Application Outlook (Revenue, USD Million, 2015 - 2026)
·
Cancer
·
Cardiovascular Diseases
·
Diabetes
·
Sleep Disorder
·
Weight management and Fitness
Monitoring
·
Bronchitis
·
Infections
·
Virus
·
Dehydration
·
Hypertension
Remote Patient Monitoring
System End Use Outlook (Revenue, USD Million, 2015 - 2026)
·
Hospital Based Patients
·
Ambulatory Patients
·
Home Healthcare
Remote Patient Monitoring
System Regional Outlook (Revenue, USD Million, 2015 - 2026)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
U.K.
o
France
o
Italy
o
Spain
·
Asia Pacific
o
China
o
Japan
o
India
o
Thailand
o
South Korea
·
Latin America
o
Mexico
o
Brazil
o
Argentina
o
Colombia
·
MEA
o
South Africa
o
Saudi Arabia
o
UAE
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-remote-patient-monitoring-devices-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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