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Telemonitoring Systems Market 2021 Precise Outlook - Abbott Laboratories, GE Healthcare Systems (General Electric Company), Care Innovations LLC

10-14-2021 12:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

The Telemonitoring Systems Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The telemonitoring systems market was evaluated at USD 2,450.2 million in 2020, and it is expected to reach a value of USD 5,305.8 million by 2026, registering a CAGR of 13.41% over the forecast period, 2021 - 2026.

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Top Leading Companies of Telemonitoring Systems Market are Abbott Laboratories, GE Healthcare Systems (General Electric Company), Care Innovations LLC, Koninklijke Philips NV, Aerotel Medical Systems Ltd, Boston Scientific Corporation, Resideo Technologies Inc., Sparrow Health System, InfoBionic Inc., AMD Global Telemedicine Inc., SHL Telemedicine, Omron Corporation, Nihon Kohden Corporation and others.

Industry News and Updates

April 2020 - GE Healthcare extended its long-time collaboration with Microsoft to launch a cloud-based COVID-19 patient monitoring software for health systems. The software is designed for providing a central hub from which hospital staff can monitor patients in intensive care units, including those on medical ventilation.

- March 2020 - With growing concerns about Coronavirus (COVID-19) and when to seek medical care, Sparrow Health System launched a COVID-19 virtual care screening digital app in partnership with a telemedicine service provider, Amwell. The new app is accessible by smartphone, tablet, or computer.

Key Market Trends

Cardiac Telemonitoring System Accounts for Significant Share

- The adoption of telemonitoring in heart ailment patients is anticipated to grow at a steady rate as they reduce the cost by significantly reducing emergency hospitalization, provide continuous monitoring, and patient for accurate treatment. There has been an increasing interest regarding the impact of telemonitoring devices and its ability to reduce the increasing burden of chronic diseases, including chronic cardiovascular disease (CVD), on healthcare systems.

- It is said that CVD is one of the world's largest killers and claims more than 17.5 million lives across the world. Cardiovascular disease (CVD) produces immense health and economic burdens, globally. Across Australia, each year, as many as 30,000 out-of-hospital cardiac arrests (OHCAs) occur, and unfortunately, the death rate remains at 90%, cementing OHCA as one of the leading causes of death in Australia.?

- Further, telemonitoring may serve as a vital conduit for improving hypertension control and reducing the economic burden that stems from the costly hospital stays that result from acute events related to hypertension.

Regional Outlook of Telemonitoring Systems Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592329/telemonitoring-systems-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD11                                                                

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Telemonitoring Systems Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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