The global demand for Remote Patient Monitoring Products Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Remote patient monitoring or remote patient management system monitors patient's health-related problems outside the conventional healthcare settings such as hospitals and clinics. Remote patient monitoring enables patients to perform routine tests such as blood collection, blood pressure check-up, measurement of the blood's oxygen level, and other tests at home. The remote patient monitoring method collects the data and transfers it to the physician with the help of advanced information technology. It makes the patient more comfortable as the test is done at home with ease. Remote patient monitoring requires various objects and instruments. The most prominent products that are involved in remote patient monitoring include microsampling devices, pulse oximeter, blood pressure measuring devices, cardiac rhythm monitoring devices, respiratory monitoring devices. Remote patient monitoring products are predominantly beneficial to the aged people and severely ill or injured patients, who are unable, visit hospitals frequently.
Remote patient monitoring offers ease and comfort to the patient, helps in continuous monitoring of the patient, and offers provides real-time data; hence the demand remote patient monitoring products is augmenting rapidly. The prominent factors that are fuelling the market include growing adoption for telehealth due to the COVID-19 pandemic and increasing the application of smart technology in the healthcare system. Furthermore, supportive government policies are contributing to the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of remote patient monitoring products.
The entire Remote Patient Monitoring Products market has been sub-categorized into product, application, end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Vital Sign Monitors
- Pulse Oximeters
- Temperature Monitor
- Brain Monitoring (EEG)
- Blood Pressure Monitors
- Heart Rate Monitor (ECG)
- Respiratory Rate Monitor
- Special Monitors
- Blood Glucose Monitors
- Respiratory Monitor
- Anesthesia Monitors
- Cardiac Rhythm Monitor
- Fetal Heart Monitors
- Multi-Parameter Monitors (MPM)
- Prothrombin Monitors
- Cardiovascular Diseases
- Sleep Disorders
- Weight management and Fitness Monitoring
- Hospital-based patients
- Home Healthcare
This section covers regional segmentation which accentuates on current and future demand for remote patient monitoring products market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Remote Patient Monitoring Products Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the remote patient monitoring products market include Abbott Laboratories, GE Healthcare, Omron Corporation, Medtronic PLC, Boston Scientific Corporation, Biotronik SE & Co. KG, Nihon Kohden Corporation, General Electric Company, Masimo Corporation, and Johnson and Johnson. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.