U.S. Remote Patient Monitoring and Care Market is growing with factors such as development of advanced products, rising investment by private and public companies, increase in aging population, increasing economic problem for patient hospital admittance.
Increasing sedentary lifestyle in the U.S has propelled the demand of the market. However, data privacy concerns decreased the demand of the market.
U.S. Remote Patient Monitoring and Care Market Scenario
According to Data Bridge Market Research, the market for remote patient monitoring and care in U.S. is growing with Market leader such as ResMed, which accounts an estimated market share of approximately 33.62%. The Company has gained outstanding sale by providing remote patient monitoring and care.
For instance,
- In November, 2019 ResMed had expanded its product portfolio with the addition of new remote patient monitoring to its existing respiratory product portfolio. The introduction of new products has allowed the company to provide patient with an ease to monitor breathing rate and to achieve better medication at correct time. This expansion helped the company to generate more revenue potential in the market.
Trends Impacting the Market
The U.S remote patient monitoring and care market is becoming more competitive every year with companies like F.Hoffmann-La Roche, Boston Scientific Corporation, General Electric Company, Koninklijke Philips N.V, Abbott, AlayaCare, Cardiomo, Datos LTD, among others which are the market leaders for remote patient monitoring and care. The data bridge market research new reports highlight the major growth factors and opportunities in the U.S remote patient monitoring and care market.
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New Market Developments in 2021
- In April 2021, Datos Ltd. announced its partnership with Amgen for a new study to evaluate potential impact of digital health data to improve therapy in heart failure. The initiative was successfully launched in seven leading U.S. teaching hospitals. This has helped the company to think in this segment and innovate new products.
- In March 2021, Abbott announced to host a conference call for its first- quarter earnings. The announcement was followed by a live webcast and was accessible through Abbott’s Investors Relations website. This announcement has helped investors gauge financial health of the company.
Scope of the U.S. Remote Patient Monitoring and Care Market
All country based analysis of the U.S. remote patient monitoring and care market is further analyzed based on maximum granularity into further segmentation. On the basis of product, the U.S. remote patient monitoring and care market is segmented into devices, mobile app, cloud repository, hospital-based software. On the basis of application, the U.S. remote patient monitoring and care market is segmented into COVID-19, cardiovascular diseases, cancer, weight management and fitness monitoring, diabetes, sleep disorders, infertility, dementia and falls, chronic respiratory diseases, hypertension, dehydration, and others. On the basis of end user, the U.S. remote patient monitoring and care market is segmented into long term care, and post-acute care. On the basis of distribution channel, the U.S. remote patient monitoring and care market is segmented into direct sales, retail sales, others.
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Key Pointers Covered in U.S. Remote Patient Monitoring and Care Market Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and over view of remote patient monitoring and care market
- Company profiling of top eight players of remote patient monitoring and care market
Key Market Competitors Covered in the Report
- Boston Scientific Corporation
- Abbott
- Medtronic
- General Electric Company
- Datos Ltd.
- ResMed
- Orion Health Group of Companies
- F. Hoffmann-La Roche Ltd
- Wipro Limited
- Neoteryx, LLC
- Vivify Health, Inc.
- Koninklijke Philips N.V.
- Cardiomo
- Huma
- Welkin Health
- Care Innovations, LLC (A subsidiary of Pharmaceutical Research Associates Inc.)
- AlayaCare
- Resideo Technologies, Inc.
Above are the key players covered in the report, to know about more and exhaustive list of U.S. remote patient monitoring and care market’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=us-remote-patient-monitoring-and-care-market
Research Methodology: U.S. Remote Patient Monitoring and Care Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Hospitals, Clinics, Patients
- Supply Side: Local Manufacturers
Related Reports
- Global Remote Patient Monitoring and Care Market - Industry Trends and Forecast to 2028
- Global Remote Patient Monitoring Software Market - Industry Trends and Forecast to 2028
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