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Global Remote Patient Monitoring Devices Market Anticipated to Expand at a significant CAGR during 2019-2025 | Key Players Abbott Laboratories, GE Healthcare, Omron Healthcare, Medtronic, St. Jude Medical, Smiths Medical

01-29-2019 12:43 PM CET | Health & Medicine

Press release from: Research N Reports

Remote Patient Monitoring Devices market

Remote Patient Monitoring Devices market

Remote patient monitoring (RPM) is a technology that allows patients to be monitored outside a traditional care environment (eg, home), increasing access to care and reducing the cost of delivering medical care.

This report is designed to include both qualitative and quantitative aspects of the Remote Patient Monitoring Devices market place for each region and country participating in the study. The report also provides detailed information on important aspects such as key drivers and constraints that define the future growth of the market. It also categorizes company profiles, types, and applications.

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Key companies covered as a part of this study include Abbott Laboratories, GE Healthcare, Omron Healthcare, Medtronic, St. Jude Medical, Smiths Medical, Philips Healthcare, F. Hoffmann-La Roche Ltd., Kokinklijke Philips N.V.

The Remote Patient Monitoring Devices market is expected to grow significantly due to government regulations to control rising medical costs, technological innovation and efficient self-monitoring product development. The Patient Protection and Obedience Act, also known as Obamacare, has been implemented to punish hospitals in accordance with the US Government's Hospital Readmissions Reduction Program.

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Key factors driving the growth of the Remote Patient Monitoring Devices are the high penetration of the smartphone market, the growth of the IoT market, and the high usage of mobile apps for applications such as games, media, e-commerce and social networking. However, lack of technical expertise and high cost of app development are major constraints to market growth.

Major Factors:

• Global Remote Patient Monitoring Devices Market Overview
• Economic Impact on Industry
• Market Competition by Manufacturers
• Production, Revenue (Value) by Region
• Supply (Production), Consumption, Export, Import by Regions
• Production, Revenue (Value), Price Trend by Type
• Market Analysis by Application
• Manufacturing Cost Analysis
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Market Effect Factors Analysis
• Global Business strategy Market Forecast

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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