Remote Patient Monitoring Systems Market 2021 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

According to the deep-dive market assessment study conducted by Growth+ Reports, the global remote patient monitoring systems (RPM) market was pegged at ~US$ 22.5 billion in 2020. The market is expected to witness a CAGRof ~37.7% from 2021 to 2031.

The remote patient monitoring systems consist of smart sensors, artificial intelligence (AI), the Internet of Things (IoT), big data, robots, and radar technologies, that can help track, manage and also prevent diseases. They can measure the heart rate, body temperature, blood pressure, and respiration of the elderly living in homes, and can also detect risk indicators, such as worsening disease conditions, falls, and other life-threatening situations. Hence, the rising prevalence of these diseases coupled with increasing awareness among the people for timely diagnosis & treatment is expected to propel the growth of the global remote patient monitoring systems market. Furthermore, increased demand is also driven by the rising baby boomer population.

Asia Pacific is projected to be the fastest growing remote patient monitoring system market. The high growth of region can mainly be attributed to developing healthcare infrastructure, growing demand for remote/home-based monitoring devices, and growing government initiatives. Countries such as India, China, and Japan in the APAC region, are projected to offer significant growth opportunities owing to presence of large patient population, rising prevalence of acute and chronic diseases, and rising adoption of telemonitoring.

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Key Players Mentioned in the Global Remote Patient Monitoring Systems Market Research Report:

• General Electric Company
• Abbott Laboratories Inc
• Medtronic PLC
• Koninklijke Philips N.V
• Siemens Healthcare GmbH
• Boston Scientific Corporation
• Cerner Corporation
• Omron Healthcare, Inc
• BioTelemetry, Inc
• Vivify Health, Inc
• Among others

Global Remote Patient Monitoring Systems Market Segmentation by Offering:

• Device
• Software
• Services

Global Remote Patient Monitoring Systems Market Segmentation by Application:

• Blood Glucose Monitoring
• Cardiac Monitoring
• Respiratory Monitoring

Key Reasons to Purchase:

To gain insightful analyses of the market and have a comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the Remote Patient Monitoring Systems Market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the outlook and prospects for the market.

Key Questions Answered in the Report Include:

(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.

(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?

(3) What are the major global Remote Patient Monitoring Systems Market trends influencing the development of the market?

(4) What are the vital results of SWOT analysis of the major players operating in the Remote Patient Monitoring Systems Market?

(5) What are the potential growth opportunities and threats faced by Major competitors in the market?

(6) What are the market opportunities and threats faced by vendors in the Global Remote Patient Monitoring Systems Market?

Detailed TOC of Global Remote Patient Monitoring Systems Market Growth (Status and Outlook) 2021-2031

1 Scope of the Report

1.1 Market Ecosystem
1.2 Geographic Scope
1.3 Timeline Under Consideration
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered

2 Remote Patient Monitoring Systems Market Executive Summary

2.1 World Market Overview
2.1.1 Global Market Size 2021-2031
2.1.2 Market Size CAGR by Region 2020 VS 2028
2.2 Remote Patient Monitoring Systems Market Segment by Type
2.2.1 Type 1
2.2.2 Type 2

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Manan Sethi
Director, Market Insights
Email: enquire@growthplusreports.com
Phone no: +91 96545 76783
Web: https://growthplusreports.com/

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