Rising Demand In Remote Patient Monitoring Devices And Equipment Market Report 2020: Growth Analysis, Future Opportunities And Top Key Players Like Honeywell, GE Healthcare, Medtronic, Boston Scientific

The Business Research Company offers " Remote Patient Monitoring Devices And Equipment Global Market Report 2020-30: Covid 19 Implications And Growth" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global remote patient monitoring devices and equipment market is expected to grow from $0.4 billion in 2019 to $0.6 billion in 2020 at a compound annual growth rate (CAGR) of 45.6%. The growth can be contributed to the expanded use of certain remote monitoring devices such as temperature monitoring devices for patient monitoring during COVID-19 pandemic. FDA has given clearance to some of the noninvasive remote monitoring devices (including body temperature monitors, continuous glucose monitors) that are used to support patient monitoring, considering public health emergency, without prior submission of a premarket notification. The quick approvals and the use of temperature monitoring devices at hospitals, home and different locations where there is mass gathering, is certain to contribute to rapid growth of this market. The market is then expected to grow at a CAGR of 10.4% from 2021 and reach $0.8 billion in 2023.

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The remote patient monitoring devices and equipment market consists of sales of remote patient monitoring devices and equipment and related services. Remote patient monitoring devices and equipment allow a patient to use a mobile medical device for undergoing a routine test and send the test data to a healthcare expert in real-time.

The upcoming shortage of skilled healthcare professionals (doctors and nurses), drives the remote patient monitoring (RPM) devices and equipment market. As the number of patients with chronic diseases are increasing, it is getting difficult to monitor the patients due to operational time and cost related issues. The rising number of patients with chronic diseases, increasing need for monitoring and projected shortfall in the number of nurses in the near future increases the growth of remote patient monitoring devices and equipment.

Remote Patient Monitoring Devices And Equipment Market Segmentation: -
By Type Of Device
1. Heart Monitors
2. Breath Monitors
3. Haematology Monitors
4. Multi - Parameter Monitors

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By End User
1. Home Care Settings
2. Clinics
3. Hospitals

Few Points From Table Of Content
1. Executive Summary
2. Remote Patient Monitoring Devices And Equipment Market Characteristics
3. Remote Patient Monitoring Devices And Equipment Market Size And Growth
4. Remote Patient Monitoring Devices And Equipment Market Segmentation
5. Remote Patient Monitoring Devices And Equipment Market Regional And Country Analysis
……
25. Remote Patient Monitoring Devices And Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Remote Patient Monitoring Devices And Equipment Market
27. Remote Patient Monitoring Devices And Equipment Market Trends And Strategies
28. Remote Patient Monitoring Devices And Equipment Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the remote patient monitoring devices and equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the remote patient monitoring devices and equipment market are Philips Healthcare, Honeywell, GE Healthcare, Medtronic, Boston Scientific, Johnson & Johnson, Biotronik, Robert Bosch, Covidien Plc., St. Jude Medical

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