Global Remote Patient Monitoring and Care Market By Devices (Vital Signs Monitor, Glucose Monitor, Blood Pressure Monitor, Heart Rate Monitor, Respiratory Monitor, Haematology Monitors, Multi-Parameter Monitors, Breath Monitors, Others), Application (Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorders, Weight Management & Fitness Monitoring, Others), End-User (Home Care Setting, Clinics, Long Term Care Centers, Hospitals), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Market Trends and Forecast to 2027
Market Analysis and Insights of Global Remote Patient Monitoring and Care Market
Remote patient monitoring and care market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 8.76% in the above-mentioned forecast period. Growing demand for self-monitoring & preventive medicine is expected to create new opportunity for the market.
Remote patient monitoring and care uses different technologies so they can gather medical related data from one location & transfer it to the healthcare providers securely. This sort of service enables a provider to continue tracking health care data for a patient once released into the home or care facility, thereby decreasing mortality rates.
Increasing cases of chronic diseases worldwide is expected to drive the market growth. Some of the other factors such as rising ageing population, increasing popularity of home based monitoring devices, rising awareness about the advantages of remote patient monitoring and increasing government initiatives & support is expected to enhance the remote patient monitoring and care market in the forecast period of 2020 to 2027.
Lack of healthcare industry professionals and unfavourable reimbursement policy is expected to hamper the market growth in the mentioned forecast period.
This remote patient monitoring and care market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research remote patient monitoring and care market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Remote Patient Monitoring and Care Market Scope and Market Size
Remote patient monitoring and care market is segmented on the basis of devices, applications and end-users. The growth amongst these segments will help you to analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of devices, the remote patient monitoring and care market is segmented into vital signs monitor, glucose monitor, blood pressure monitor, blood pressure monitor, heart rate monitor, respiratory monitor, haematology monitors, multi-parameter monitors, breath monitors and others.
- The application segment of the remote patient monitoring and care market is divided into cancer treatment, cardiovascular diseases, diabetes treatment, sleep disorders, weight management & fitness monitoring and others.
- On the basis of end- users, the remote patient monitoring and care market is divided into home care setting, clinics, long term care centres and hospitals.
Remote Patient Monitoring and Care Market Country Level Analysis
Remote patient monitoring and care market is analysed and market size insights and trends are provided by devices, applications and end-users as referenced above.
The countries covered in the remote patient monitoring and care market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the remote patient monitoring and care market in the forecast period of 2020 to 2027 due to growing trend of home based treatment to decrease hospitals bills and increasing cases of chronic diseases in the region, while Asia- Pacific is expected to witness the significant growth due to increasing healthcare expenditure and rising disposable income.
The country section of the remote patient monitoring and care market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Remote patient monitoring and care market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for remote patient monitoring and care market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the remote patient monitoring and care market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Remote Patient Monitoring and Care Market Share Analysis
Remote patient monitoring and care market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to remote patient monitoring and care market.
The major players covered in the remote patient monitoring and care market report are Abbott, Aerotel Medical Systems (1998) Ltd., AMD Global Telemedicine, Inc., Baxter., Boston Scientific Corporation, Medtronic, GENERAL ELECTRIC COMPANY, Honeywell International Inc, Omron Healthcare, Inc., Proteus Digital Health, BioTelemetry, Inc., Nihon Kohden Corporation, F. Hoffmann-La Roche Ltd, Koninklijke Philips N.V., AMC Health, Biotronik, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Remote Patient Monitoring and Care Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.