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Remote Patient Monitoring Devices Market to 2027 - Global Analysis and Forecasts By Product, Application End User and Geography

  • ID: 4762302
  • Report
  • Region: Global
  • 225 pages
  • The Insight Partners
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FEATURED COMPANIES

  • Abbott
  • General Electric Company
  • Koninklijke Philips N.V.
  • LifeWatch
  • Masimo
  • Medtronic
  • MORE

The Global Remote Patient Monitoring market is expected to reach US$ 1,544.94 Mn in 2027 from US$ 712.21 Mn in 2018. The market is estimated to grow with a CAGR of 9.3% from 2019-2027.

The growth of the Remote Patient Monitoring market is primarily attributed to factors such as the increasing prevalence of chronic diseases, rising geriatric population and rising awareness regarding healthcare. However, factors such as unaddressed regulatory concerns and security and privacy concern about patient health data are likely to pose a negative impact on market growth. On the other hand, growth opportunities in emerging regions are likely to have a positive impact on the growth of the global remote Patient Monitoring market in the coming years. With a rise in cases of chronic illnesses such as diabetes and hypertension, there has been a rise in awareness regarding one's health. Also, in recent days, there has been a significant rise in the number of individuals suffering from heart-related disorders. These factors have led to an increase in the importance of maintaining health among the population in the developed as well as the developing nations. The demand for various health monitoring devices to maintaining track of health status has increased significantly in recent years. Also, there has been a rise in a number of specialty clinics and home healthcare business in countries such as US, India, Canada. The Asia Pacific is anticipated to offer significant growth opportunity during the forecast period, due to an increase in the disposable income as well as the rate of urbanization in the leading economies such as Japan, China, and India.

Chronic diseases, including heart disease, stroke, diabetes, and obesity, are the leading causes of death in the world and account for most of the nation's health care costs. According to the report of CDC, in 2018, approximately more than 9% of the population has diabetes, which is the leading cause of kidney failure, lower-limb amputations in the US. Moreover, the data also suggests that 1.5 million Americans are diagnosed with diabetes every year in the US. Similar trends for the high presence of diabetes are prevalent around other geographies of the globe that include Asia Pacific, Europe, Middle East, and Africa. For instance, according to IDF Diabetes Atlas published by the International Diabetes Federation in 2017, south-east Asia is home to approximately one-fifth (19%) of the total diabetes population worldwide.

In 2018, the Remote Patient Monitoring with special monitors segment held the largest market share of 79.46% of the Remote Patient Monitoring market, by product. This segment is also expected to dominate the market in 2027 owing to the applications and its advantages of the cardiac rhythm remote patient monitors and respiratory monitors, the market for the special monitors remote patient monitoring devices are likely to grow in the coming future.

Global remote patient monitoring devices market, based on the application was segmented into cardiovascular diseases treatment, cancer treatment, sleep disorder treatment, diabetes treatment and weight management & fitness monitoring. In 2018, the cardiovascular diseases treatment segment held the largest share of the market, by the application. In addition, the segment is also expected to grow at the fastest rate during the coming years owing to the increasing number of the cardiovascular surgeries, increasing number of patients suffering from diseases such as cardiovascular disease, cardiac arrest and cardiac hypertension as they need regular blood pressure monitoring due to frequent fluctuations.

Global remote patient monitoring devices market, based on the end user was segmented into hospitals & clinics, ambulatory care centers and home healthcare. In 2018, the hospitals & clines segment held the largest share of the market, by end user, owing to well-established and presence of advanced healthcare infrastructure, growing concerns about health and rising investment in the healthcare sector. Whereas, the home healthcare segment is expected to grow at the fastest rate during the coming years owing to growing awareness towards home healthcare is influencing positively on the growth of this segment in the near future
Some of the major primary and secondary sources for Remote Patient Monitoring included in the report are Centers for Disease Control and Prevention (CDC), USFDA, Biotelemetry and Patient Monitoring Journal, Journal of Patient Care, China Food & Drug Administration, contract research organizations, and among others.

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

  • Abbott
  • General Electric Company
  • Koninklijke Philips N.V.
  • LifeWatch
  • Masimo
  • Medtronic
  • MORE
1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Global Remote Patient Monitoring Devices Market - by Product
1.3.2 Global Remote Patient Monitoring Devices Market - by Application
1.3.3 Global Remote Patient Monitoring Devices Market - by End-User
1.3.4 Global Remote Patient Monitoring Devices Market - by Geography

2. Global Remote Patient Monitoring Devices Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Global Remote Patient Monitoring Devices Market - Market Landscape
4.1 Overview
4.2 Pest Analysis
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia Pacific - Pest Analysis
4.2.4 Middle East & South Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis

5. Global Remote Patient Monitoring Devices Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Prevalence of Chronic Diseases
5.1.2 Increasing Geriatric Population
5.1.3 Rising Awareness Regarding Healthcare
5.2 Key Market Challenges
5.2.1 Unaddressed Regulatory Concerns
5.2.2 Security and Privacy Concerns
5.3 Key Market Opportunities
5.3.1 Rising Demand For Home-Based Treatments
5.3.2 Expansion of Healthcare Facilities in Remote Locations
5.4 Future Trends
5.4.1 Remote Monitoring To Replace Patients' Routine Visits in the Near Future
5.5 Impact Analysis

6. Remote Patient Monitoring Devices Market - Global Analysis
6.1 Global Remote Patient Monitoring Devices Market Revenue Forecasts and Analysis
6.2 Global Remote Patient Monitoring Market, by Geography - Forecasts and Analysis
6.3 Performance of Key Players
6.3.1 Medtronic
6.3.2 Koninklijke Philips N.V.
6.4 Expert Opinions

7. Global Remote Patient Monitoring Devices Market Analysis - By Product
7.1 Overview
7.2 Global Remote Patient Monitoring Devices Market by Product, 2018 & 2027 (%)
7.3 Vital Sign Moitors Remote Patient Monitoring Devices Market
7.3.1 Overview
7.3.2 Global Vital Sign Remote Patient Monitoring Devices Market Revenue and Forecasts To 2027 (US$ Mn)
7.3.3 Pulse Oximeter Market
7.3.3.1 Pulse Oximeter Market Revenue and Forecasts To 2027 (US$ Mn)
7.3.3.2 Table-Top/Bedside Pulse Oximeters Market
7.3.3.2.1 Table-Top/Bedside Pulse Oximeters Market Revenue Forecasts and Analysis (US$ Mn)
7.3.3.3 Hand-Held Pulse Oximeters Market
7.3.3.3.1 Hand-Held Pulse Oximeters Market Revenue Forecasts and Analysis (US$ Mn)
7.3.3.4 Wrist-Worn Pulse Oximeters Market
7.3.3.4.1 Wrist-Worn Pulse Oximeters Market Revenue Forecasts and Analysis (US$ Mn)
7.3.4 Blood Pressure Monitors Market
7.3.4.1 Blood Pressure Monitors Market Revenue and Forecasts To 2027 (US$ Mn)
7.3.4.2 Mercury Blood Pressure Monitors Market
7.3.4.2.1 Mercury Blood Pressure Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.3.4.3 Aneroid Blood Pressure Monitors Market
7.3.4.3.1 Aneroid Blood Pressure Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.3.4.4 Digital Blood Pressure Monitors Market
7.3.4.4.1 Digital Blood Pressure Monitors Market Revenue Forecasts and Analysis (US$ Mn)
7.3.4.5 Blood Pressure Instrument Accessories Market
7.3.4.5.1 Blood Pressure Instrument Accessories Market Revenue Forecasts and Analysis (US$ Mn)
7.3.5 Temperature Monitoring Devices
7.3.5.1 Temperature Monitoring Devices Market Revenue and Forecasts To 2027 (US$ Mn)
7.3.5.2 Mercury Filled Thermometers Market
7.3.5.2.1 Mercury Filled Thermometers Market Revenue Forecasts and Analysis (US$ Mn)
7.3.5.3 Digital Thermometers Market
7.3.5.3.1 Digital Thermometers Market Revenue Forecasts and Analysis (US$ Mn)
7.3.5.4 Infrared Thermometers Market
7.3.5.4.1 Infrared Thermometers Market Revenue Forecasts and Analysis (US$ Mn)
7.3.5.5 Liquid Crystal Thermometer Market
7.3.5.5.1 Liquid Crystal Thermometer Market Revenue Forecasts and Analysis (US$ Mn)
7.3.5.6 Temperature Monitoring Device Accessories Market
7.3.5.6.1 Temperature Monitoring Device Accessories Market Revenue Forecasts and Analysis (US$ Mn)
7.4 Special Monitors Remote Patient Monitoring Devices Market
7.4.1 Overview
7.4.2 Anesthesia Monitor Market
7.4.2.1 Anesthesia Monitor Market Revenue and Forecasts To 2027 US$ Mn)
7.4.3 Blood Glucose Monitor
7.4.3.1 Blood Glucose Monitor Market Revenue and Forecasts To 2027 US$ Mn)
7.4.4 Cardiac Rhythm Monitor
7.4.4.1 Cardiac Rhythm Monitor Market Revenue and Forecasts To 2027 (US$ Mn)
7.4.5 Respiratory Monitor
7.4.5.1 Respiratory Monitor Market Revenue and Forecasts To 2027 US$ Mn)
7.4.6 Others Special Monitor
7.4.6.1 Others Special Monitor Market Revenue and Forecasts To 2027 US$ Mn)

8. Global Remote Patient Monitoring Devices Market Analysis - By Application
8.1 Overview
8.2 Global Remote Patient Monitoring Devices Market, by Application 2018 & 2027 (%)
8.3 Cardiovascular Diseases Treatment Market
8.3.1 Overview
8.3.2 Global Cardiovascular Diseases Treatment Market Revenue and Forecasts To 2027 (US$ Mn)
8.4 Cancer Treatment Market
8.4.1 Overview
8.4.2 Global Cancer Treatment Market Revenue and Forecasts To 2027 (US$ Mn)
8.5 Sleep Disorder Treatment Market
8.5.1 Overview
8.5.2 Global Sleep Disorder Treatment Market Revenue and Forecasts To 2027 US$ Mn)
8.6 Diabetes Treatment Market
8.6.1 Overview
8.6.2 Global Diabetes Treatment Market Revenue and Forecasts To 2027 (US$ Mn)
8.7 Weight Management & Fitness Monitoring Market
8.7.1 Overview
8.7.2 Global Weight Management & Fitness Monitoring Market Revenue and Forecasts To 2027 (US$ Mn)

9. Global Remote Patient Monitoring Devices Market Analysis - By End User
9.1 Overview
9.2 Global Remote Patient Monitoring Devices Market, by End User 2018 & 2027 (%)
9.3 Hospitals & Clinics Market
9.3.1 Overview
9.3.2 Global Hospitals & Clinics Market Revenue and Forecasts To 2027 (US$ Mn)
9.4 Ambulatory Care Centers Market
9.4.1 Overview
9.4.2 Global Ambulatory Care Centers Market Revenue and Forecasts To 2027 US$ Mn)
9.5 Home Healthcare Market
9.5.1 Overview
9.5.2 Global Home Healthcare Market Revenue and Forecasts To 2027 (US$ Mn)
Note: Product cover images may vary from those shown
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  • Koninklijke Philips N.V.
  • Medtronic
  • Nihon Kohden Corporation
  • Welch Allyn
  • General Electric Company
  • Omron Healthcare, Inc
  • Masimo
  • Abbott
  • Boston Scientific Corporation
  • LifeWatch
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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