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Remote Patient Monitoring Market Competitive Analysis 2022 with Business Scope, Opportunities in Grooming Regions, Latest Trends and Global Industry Size Analysis till 2028 Research with Covid-19 Impact
The remote patient monitoring market is expected to reach US$ 188,952.22 million by 2028 from US$ 29,062.30 million in 2021. The market is estimated to grow at a CAGR of 30.7% from 2021 to 2028.The key factors that are driving the growth of Remote Patient Monitoring market are the growing prevalence of chronic diseases, rising awareness regarding healthcare, and surging demand for home-based treatments. However, security and privacy issues, and unaddressed regulatory concerns restrain the market growth.
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Remote Patient Monitoring Market Company Profiles Analysis:
• Cerner Corporation
• Medtronic
• Koninklijke Philips N.V.
• VitalConnect
• Boston Scientific Corporation
• Siemens Healthineers AG
• GE Healthcare
• Abbott
• Nihon Kohden Corporation
• OMRON Corporation
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Food and Beverages, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Remote Patient Monitoring market globally. This report on 'Remote Patient Monitoring market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also Remote Patient Monitoring market trends and forecast to 2028, factoring the impact of Covid -19 Situation.
The rate of obesity among population is growing rapidly in developed as well as developing countries across the world. Unhealthy lifestyle and sedentary life are the factors driving the number of obese individuals. According to the Organization for Economic Co-operation, (OECD), in 2020, more than 1.9 billion adults of 18 years and above were overweight, of these over 650 million were obese. The number has grown rapidly in Canada, Australia, Chile, the UK, and South Africa. Obese population is expected to be high in the US, Mexico, and England, consisting of around 47%, 39% and 35% respectively by next 2 decades.
Market Segments-
Remote Patient Monitoring Market - by Type
• Software
o Cloud
o On-Premise
• Devices
o Cardiac Monitoring Devices
o Neurological Monitoring Devices
o Respiratory Monitoring Devices
o Multiparameter Monitoring Devices
o Blood Glucose Monitoring Devices
o Fetal and Neonatal Monitoring Devices
o Weight Monitoring Devices
o Other Monitoring Devices
• Services
Remote Patient Monitoring Market - by End User
• Providers
o Hospitals
o Home Care Settings
o Ambulatory Care Centers
o Others
• Payers
• Patients
• Others
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Remote Patient Monitoring Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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