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Global Remote Patient Monitoring System Market is expected to Grow at a CAGR of 15.34% Over the Forecast Period, Owing to Remote Patient Monitoring System Market the Increasing Awareness about Remote Patient Monitoring Especially due to the Growth of Healthcare IoT, says Absolute Markets Insights

Published On 21 Dec 2020 01:31 PM


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Remote patient monitoring, also known as remote patient management, refers to the method of treatment or diagnosis of patients using patient data which is collected outside the healthcare facilities. This allows individuals to reduce healthcare spending for non-critical illnesses as they needn't necessarily be hospitalized. Furthermore, critical hospital resources can also be utilized to meet the needs of patients who are facing life threatening illnesses of injuries. The growth of wearable medical patches and devices, coupled with the advancement in internet and smartphone is helping in the growth of the global remote patient monitoring system market.

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The COVID-19 pandemic is expected to have a positive impact on the global remote patient monitoring system market in the coming years. The growth can be attributed to the fact that individuals are increasingly seeking to get treatment from the comfort of their home. Even patients who have been tested positive for COVID-19 are getting treated at home, due to scope of remote monitoring using connected devices like pulse oximeters, blood pressure monitors, etc., which allow the physicians to suggest treatment based on the patient data. Such factors are aiding in the overall growth of remote patient monitoring system market.

The detailed research study provides qualitative and quantitative analysis of remote patient monitoring system market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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Key Findings of the Report:   

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Global Remote Patient Monitoring System Market:

  • By Offering
    • Products
      • Vital Sign Monitors
        • Blood Pressure Monitor
        • Pulse Oximeter
        • Heart Rate Monitor (ECG)
        • Temperature Monitor
        • Respiratory Rate Monitor
        • Brain Monitor (EEG)
        • Others
      • Specialized Monitors
        • Anesthesia monitor
        • Blood Glucose Monitor
        • Cardiac Rhythm Monitor
        • Multi Parameter Monitors
        • Respiratory Monitor
        • Fetal Heart Monitor  
        • Prothrombin Monitor
        • Others
    • Services
      • Training and Consulting
      • Implementation and Maintenance
      • Design and Development
      • Others
  • By Speciality
    • Anesthesiology
    • Cardiology
    • Neurology
    • Cardiovascular Care
    • Urology
    • Neonatology
    • Pulmonology
    • Cancer Care
    • Mental Health Care
    • Respiratory Care
    • Others
  • By End-Users
    • Hospitals and Clinics
    • Pharmaceutical Companies and Research Labs
    • Elderly Care Centers
    • Home-Care
    • Others
  • By Functionality
    • Portable
    • Non-Portable
  • By Region
  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

 

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Press Release Provided By: Absolute Markets Insights