DUBLIN, May 2, 2019 /PRNewswire/ -- The "Remote Patient Monitoring Devices Market to 2027 - Global Analysis and Forecasts By Product, Application End User and Geography" report has been added to ResearchAndMarkets.com's offering.
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 the factors such as 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 the market growth. On the other hand, growth opportunities in emerging regions is 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 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 for maintain track of health status has increased significantly in the recent years.
Also, there has been a rise in number of specialty clinics and home healthcare business in countries such as, US, India, Canada. 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.
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 & clinics 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.
Key Topics Covered:
2. Global Remote Patient Monitoring Devices Market - Key Takeaways
3. Research Methodology
4. Global Remote Patient Monitoring Devices Market - Market Landscape
4.2 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
6.3.2 Koninklijke Philips N.V.
6.4 Expert Opinions
7. Global Remote Patient Monitoring Devices Market Analysis - By Product
7.2 Global Remote Patient Monitoring Devices Market by Product, 2018 & 2027 (%)
7.3 Vital Sign Monitors Remote Patient Monitoring Devices Market
7.3.2 Global Vital Sign Remote Patient Monitoring Devices Market Revenue and Forecasts To 2027 (US$ Mn)
7.3.3 Pulse Oximeter Market
188.8.131.52 Pulse Oximeter Market Revenue and Forecasts To 2027 (US$ Mn)
184.108.40.206 Table-Top/Bedside Pulse Oximeters Market
220.127.116.11 Hand-Held Pulse Oximeters Market
18.104.22.168 Wrist-Worn Pulse Oximeters Market
7.3.4 Blood Pressure Monitors Market
22.214.171.124 Mercury Blood Pressure Monitors Market
126.96.36.199 Aneroid Blood Pressure Monitors Market
188.8.131.52 Digital Blood Pressure Monitors Market
184.108.40.206 Blood Pressure Instrument Accessories Market
7.3.5 Temperature Monitoring Devices
220.127.116.11 Mercury Filled Thermometers Market
18.104.22.168 Digital Thermometers Market
22.214.171.124 Infrared Thermometers Market
126.96.36.199 Liquid Crystal Thermometer Market
188.8.131.52 Temperature Monitoring Device Accessories Market
7.4 Special Monitors Remote Patient Monitoring Devices Market
7.4.2 Anesthesia Monitor Market
7.4.3 Blood Glucose Monitor
7.4.4 Cardiac Rhythm Monitor
7.4.5 Respiratory Monitor
7.4.6 Others Special Monitor
8. Global Remote Patient Monitoring Devices Market Analysis - By Application
8.2 Global Remote Patient Monitoring Devices Market, by Application 2018 & 2027 (%)
8.3 Cardiovascular Diseases Treatment Market
8.4 Cancer Treatment Market
8.5 Sleep Disorder Treatment Market
8.6 Diabetes Treatment Market
8.7 Weight Management & Fitness Monitoring Market
9. Global Remote Patient Monitoring Devices Market Analysis - By End User
9.2 Global Remote Patient Monitoring Devices Market, by End User 2018 & 2027 (%)
9.3 Hospitals & Clinics Market
9.4 Ambulatory Care Centers Market
9.5 Home Healthcare Market
- Koninklijke Philips N.V.
- Nihon Kohden Corporation
- Welch Allyn
- General Electric Company
- Omron Healthcare, Inc
- Boston Scientific Corporation
For more information about this report visit https://www.researchandmarkets.com/r/mtrnsq
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets