Global Remote Patient Monitoring System Market - Growth, Trends And Forecasts (2016 - 2021)

  • ID: 3784810
  • Report
  • Region: Global
  • 128 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Abbott Laboratories
  • AMD Global Telemedicine
  • Bosch Medical
  • Cardiocom
  • CR Bard
  • Honeywell Med
  • MORE
The Global Remote Patient Monitoring market is poised to reach $1784 million by 2020 growing at a CAGR of 10.6%. Remote patient monitoring (RPM), also called homecare telehealth, is a category of ambulatory healthcare that permits a patient to use a mobile medical device to accomplish a routine test and guide the test data to a healthcare expert in real-time. RPM technology comprises day-to-day monitoring devices such as glucose meters for patients with diabetes and heart or blood pressure monitors for patients getting cardiac care. Information can be sent to a physician's workplace by using a special telehealth computer system, by using a special software application installed on the patient's Internet-capable computer, smartphone or tablet PC.

Currently, the global market is dominated by the North America region followed by the likes of Europe. Asia Pacific is the fastest growing segment. The Global Remote Patient Monitoring market can be segmented on the basis of type of device (Heart monitors, Breath Monitors, Hematology monitors and Multi Parameter monitors), End user (Home healthcare, Clinics, Hospitals and Others), Geography (North America, Europe, Asia Pacific, Latin America and Middle East & Africa).

Drivers Increase in the chronic disease population, increase in the aging population, and demand for home based monitoring devices are all the major factors driving the growth of the patient care monitoring market. The need to contain the average healthcare expenditure is one of the major reason driving the growth of the market.

Restraints Resistance from the healthcare industry professionals towards the adoption of the patient monitoring system, lack of proper reimbursement policies and stringent regulatory framework are the challenges faced by the Patient monitoring equipment market.

What the report offers

1. Market Definition for the specified topic along with identification of key drivers and restraints for the market.

2. Market analysis for the Global RemotePatient Monitoring Market, with region specific assessments and competition analysis on a global and regional scale.

3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.

5. Identification and analysis of the Macro and Micro factors that affect the Global RemotePatient Monitoring market on both global and regional scale.

6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abbott Laboratories
  • AMD Global Telemedicine
  • Bosch Medical
  • Cardiocom
  • CR Bard
  • Honeywell Med
  • MORE
INTRODUCTION
Study Deliverables
Market Definition
Sizing Units
Base Currency
Review and forecast period years
General Study Assumptions

Research Methodology

Introduction
Analysis Methodology
Econometric forecast models
Research Assumptions

Executive Summary

Key Inferences

Market Overview and Industry Trends

Current market scenario
Technology Overview
New developments in therapeutics
Investment analysis
Porters Five Force Analysis
Bargaining Power of suppliers
Bargaining power of buyers
Degree of competition
Threat of substitution
Threat of new entrants

DRIVERS, RESTRAINTS, OPPORTUNITIES

Market Drivers
Rising incidences of chronic diseases due to lifestyle changes
Increase in aging population
Need to contain healthcare expenditure
Demand for home based monitoring devices
Ease of use and portability devices to promote the growth
Market Restraints
Resistance from the healthcare industry professional towards the adoption of Patient monitoring systems
Stringent Regulatory Framework
Lack of proper reimbursement
Market Opportunities
Favorable government initiatives
Growing contribution of independent organization for growth
Technological advancements in monitoring devices
Key Challenges
Unstable reimbursement policies
High cost of the devices in economically constrained countries

GLOBAL REMOTE PATIENT MONITORING SYSTEM MARKET SEGMENTATION

Heart Monitors
Breath Monitors
Hematology Monitors
Multi-Parameter Monitors
By End User
Home Healthcare
Clinics
Hospitals
Others

GLOBAL REMOTE PATIENT MONITORING SYSTEM MARKET SEGMENTATION BY GEOGRAPHY - REGIONAL SHARES AND FORECAST

North America (NA)
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain and Portugal
Scandinavia
BENELUX
Asia-Pacific (APAC)
China
Japan
India
Australia and New Zealand
South Korea
Rest of Asia Pacific
Middle East and Africa (MEA)
GCC
Egypt
Morocco
Algeria
South Africa
Rest of MEA
Latin America
Brazil
Argentina
Rest of Latin America

Competitive Landscape

Merger and Acquisition Analysis
Patent Analysis
The Challengers

Key Vendors

Abbott Laboratories
Alere
AMD Global Telemedicine
Baxter
Bosch Medical
Boston Scientific
CR Bard
Cardiocom
Covidien
GE Healthcare
Honeywell Med
Infinium Medical
InTechnology
Intel Corporation
InTouch Health
Johnson & Johnson
LifeWatch
Masimo Corporation
Medtronic
Mindray
Omron Healthcare
Phillips Healthcare
OSI Systems
Proteus Digital Health
Roche
Second Opinion Telemedicine Schiller AG
Smiths Medical
St.Jude Medical
Welch Allyn
ANALYST OUTLOOK FOR INVESTMENT OPPORTUNITIES
FUTURE OUTLOOK OF THE MARKET

Appendix

Abbrevations
Bibliography
Disclaimer
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Abbott Laboratories
Alere
AMD Global Telemedicine
Baxter
Bosch Medical
Boston Scientific
CR Bard
Cardiocom
Covidien
GE Healthcare
Honeywell Med
Infinium Medical
InTechnology
Intel Corporation
InTouch Health
Johnson & Johnson
LifeWatc
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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