Remote Patient Monitoring Devices Market Overview, Revenue, Industry Verticals, and Forecast Evaluation 2020 to 2027

 Rising prevalence of chronic diseases is driving the market for remote patient monitoring devices over the forecast period.

 

According to The Insight Partners market research study titled "Remote Patient Monitoring Devices Market - Global Analysis and Forecasts by Product, Application and End User", the global remote patient monitoring devices market is expected to reach US$ 1,546.85 Mn in 2027 from US$ 712.21 Mn in 2018. The market is estimated to grow with a CAGR of 9.0% from 2019-2027. The report highlights the trends prevalent in the global remote patient monitoring devices market and the factors driving the market along with those that act as deterrents to its growth.

 

The remote patient monitoring devices market by product is segmented into vital sign monitors and special monitors.  In 2018, the special monitors segment held a largest market share of 79.5% of the remote patient monitoring devices market, by type in 2018. This segment is also expected to dominate the market in 2027 owing to its advantages of the cardiac rhythm remote patient monitors and respiratory monitors. Moreover, the vital sign monitors segment is anticipated to witness the significant growth rate of 9.9% during the forecast period, 2019 to 2027 owing to improvement in operation, performance, utility, handling, sensitivity, & reducing size of the device, and growing hospital infrastructure and home care infrastructure in the patient monitoring and care market.

 

Explore Premium Report on Remote Patient Monitoring Devices Market at:

https://www.theinsightpartners.com/sample/TIPHE100001289/

 

Key factors driving the market are rising prevalence of chronic diseases, increasing geriatric population, and rising awareness regarding healthcare. However, factors such as, unaddressed regulatory concerns and security and privacy concerns are likely to restrain the market growth to a certain extent.

 

Some of the prominent players operating in remote patient monitoring devices market are, Koninklijke Philips N.V., Medtronic Plc., Nihon Kohden Corporation, Welch Allyn, Abbott Laboratories, GE, Honeywell, Boston Scientific Corporation, F. Hoffmann-La Roche AG, American Telecare Inc., Johnson & Johnson, Biotronik SE & Co. KG, Masimo Corporation and Omron Healthcare. The market players are focused towards bringing new and innovative products to sustain their position in the market. For instance, in May 2018, Boston Scientific have launched the HeartLogic Heart Failure Diagnostic system in Europe. It is the first and only diagnostic tool that enables proactive heart failure (HF) care in Europe. The developments performed by the companies are helping the market to grow in the coming years.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876

Comments

Post a Comment

Popular posts from this blog

Liquid Biopsy Market Size, Share, Analysis, Trends and Forecast by 2027

  According to our new research study on “ Liquid Biopsy Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product & Services, Sample, Circulating Biomarker, Application, and End User,” the market is expected to reach US$ 8,123.85 million by 2027 from US$ 3,861.49 million in 2019. It is estimated that the market CAGR accounts for 9.9% during 2020–2027. The global liquid biopsy market report highlights trends prevailing in the market and factors driving its growth. The liquid biopsy market is attributed to grow due to increasing prevalence of cancer, government and global health organizations initiatives. However, the low sensitivity of liquid biopsy is expected to restraint the global liquid biopsy market growth.   The  global  liquid biopsy market forecast is studied from 2019 to 2027. In 2019, North America accounted for the largest  market share . The market growth in the region is attributed to the increasing number of orthopedic ...
Read more

Frozen Food Market 2022 Industry Size, Share, Business Strategies, Emerging Technology, Product Portfolio, Countries Data and Demand Synopsis

  According to the new research study titled " Frozen Food Market to Forecast 2028 – COVID-19 Impact and Global Analysis – by Type, Distribution Channel, and Geography," the market is expected to grow from US$ 251,155.35 million in 2021 to US$ 373,767.59 million by 2028; it is expected to grow at a CAGR of 5.9% from 2022 to 2028. Over the past few years, the surge in the consumption of high-quality convenience food has been one of the biggest trends in the food industry. Convenience food, such as frozen snacks, frozen meals, cold cuts, and ready-to-eat products, allows consumers to save time and efforts associated with ingredient shopping, meal preparation and cooking, consumption, and post-meal activities. Due to hectic work schedules, millennials prefer to be efficient with their time rather than spending it on tedious tasks. Thus, they are more likely to spend their money on convenience food. Moreover, the growing number of one or two-person families can be related to t...
Read more

Orthopedic Braces and Supports Market Size 2020, Statistics, Trends, Regional Analysis by Key Players

  According to The Insight Partners market research study titled ‘ Orthopedic Braces and Supports Market to 2025 – Global Analysis and Forecasts by Product and Application. The global orthopedic braces and supports market is expected to reach US$ 5,429.3Mn in 2025 from US$ 3,631.2Mn in 2017. The market is estimated to grow with a CAGR of 5.3% from 2018-2025. The report highlights the trends prevalent in the global orthopedic braces and supports market and the factors driving the market. Global orthopedic braces and supports market, based on product was segmented into knee, back & hip, shoulder, elbow, foot and ankle and spine. In 2017, knee segment held the largest share of the market, by product. Whereas, the shoulder segment is reported to be the fastest growing of the market owing to the advantages provided by the braces such as providing support for the shoulder and the joint pains. Also the shoulder brace braces provides correct posture habits, keeps shoulder elevated t...
Read more