Remote Patient Monitoring Research Methodology Report: Expected to Expand at a Steady CAGR through 2021

Remote patient monitoring (RPM), utilizes state-of-the-art digital technology to collect health information from patients in one place and electronically transmit this data securely to health care professionals at another location for diagnosis and treatment. This enables doctors to quickly analyze large amounts of data, such as medical charts, in order to determine what is normal and what isn't. The global remote patient monitoring market is expected to grow at a high rate due to growing geriatric population and expansion of healthcare.

Drivers:

Increasing geriatric population and growing need for expansion of healthcare are the major factors driving growth of the global remote patient monitoring market. For instance, as per the World Health Organization (WHO), it is estimated that the geriatric population percentage is expected to reach 16% by the year 2050. The geriatric population is more prone to chronic disease such as heart disease, diabetes, and cancer, therefore, aging is considered to be the greatest risk factor for chronic diseases.

For PFD Copy of This Research Report + All Related Graphs & Charts: https://www.worldwidemarketreports.com/sample/334716

Restraints:

Increasing healthcare frauds is the major factor restraining growth of the global remote patient monitoring market.

Regional Insights:

North America dominates the global remote patient monitoring market due to high rate of geriatric population and advanced healthcare system in the region. For instance, according to the United States Census Bureau, there were more than 54 million residents of 65 years and older as of 1 July 2019. Moreover, increasing funding for healthcare and continuously growing technological advancements in the medical sector is also propelling the market growth in the region.

Competitive Section:

Key players of the global remote patient monitoring market are American Telecare, Honeywell, Roche, Bosch, Philips Healthcare, Intel, BioTelemetry, Biotronik, Welch Allyn, Johnson & Johnson, Health anywhere, and Covidien Plc.

In 2020, Philips launched Avalon CL Fetal and Maternal Pod for remote monitoring in order to support fetal and maternal monitoring.

In 2020, BioTelemetry acquired Envolve People Care operated On.Demand remote patient monitoring and coaching platform.

By the product type, the market is primarily segmented into

External Beam Radiotherapy Devices
Internal Beam Radiotherapy Devices

By the End-user Applications, the market is primarily segmented into

Hospitals
Ambulatory Surgical Centres
Oncological Treatment Centres

Contact Us:

Mr. Shah
Worldwide Market Reports
Seattle, WA 98154,
U.S.
Email: sales@worldwidemarketreports.com

Worldwide Market Reports provides customized upon request. This report can be personalized to suit your needs. Please contact the research team to ensure you receive the report that fits your needs.

This release was published on openPR.