Press release
Remote Patient Monitoring Market Forecast & Future Industry Trends 2029
The Global Remote Patient Monitoring Market is expected to grow at a CAGR of 14% during the forecasting period (2022-2029).
The rising prevalence of chronic conditions, the need to reduce healthcare expenditure, and the increasing geriatric population are driving the growth of the Remote Patient Monitoring Market in the North American region. North America accounted for the largest market share of the global market during the forecast period.
The U.S. is projected to have diabetes prevalence rise to 29.6% by 2030, and the cost of heart disease treatment triple. These chronic health problems will provide significant demand for RPM devices in the future, and the availability of reimbursement is expected to continue to drive future growth. The increasing technological advancements in remote monitoring due to the recent outbreak of COVID-19 have led to the growth of the Remote Patient Monitoring Market in this region.
Download Free Sample: https://www.datamintelligence.com/download-sample/remote-patient-monitoring-market
Market Drivers
Supportive government programs and innovation boosts the market growth
Increasing support for government programs and innovation are projected to drive the RPM market growth. For instance, the Centre for Technology and Aging, based in California, is devoted to rapid technological advancements in remote patient monitoring systems, leading to the maintenance of independent and healthier living.
The demand for this equipment in post-acute care has increased the role of patients in self-health management. This ability to augment self-management skills with advanced tools is expected to impact market growth. Efforts from equipment manufacturers to develop superior products are expected to drive the Remote Patient Monitoring Market growth.
For instance, in July 2020, Philips and BioIntelliSense formed a vital collaboration to enhance remote patient monitoring products. Philips combined the latter's BioSticker device into its remote patient monitoring (RPM) portfolio. It is a wearable device that monitors chronic conditions and keeps track of COVID-19 symptoms.
The American Heart Association (AHA) also supports initiatives that expand access to Remote Patient Monitoring (RPM) technologies for improved health management. Efforts by device manufacturers to develop advanced products are expected to drive growth even further. The increased use of these monitors has resulted from an increase in the number of people suffering from heart disease.
At CES 2019, Withings debuted the most advanced and diverse home cardiovascular monitors. It is expected to be the first device that measures blood pressure while also recording ECG and heart readings using a digital stethoscope.
View Full Report: https://www.datamintelligence.com/research-report/remote-patient-monitoring-market
Market Segmentation
By Product Type
• Services & Software
• Devices
By Application
• Cardiovascular Diseases
• Neurological Disorders
• Respiratory Disorders
• Cancer
By End User
• Payers
• Providers
• Patients
Competitive Landscape
The remote patient monitoring market is moderately competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Koninklijke Philips N.V. , Medtronic, GE Healthcare, Abbott Laboratories, BioTelemetry Inc., Siemens Healthineers AG, Boston Scientific Corporation, OMRON Healthcare, Teladoc Health Inc., Welch Allyn, Wellue Health, Transtekmong others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the remote patient monitoring market globally.
Trending Topics
https://www.datamintelligence.com/research-report/patient-fluid-status-monitor-device-market
https://www.datamintelligence.com/research-report/patient-monitoring-devices-and-accessories-market
https://www.datamintelligence.com/research-report/patient-monitoring-equipments-market
DataM Intelligence 4market Research LLP
Ground floor, DSL Abacus IT Park,
Industrial Development Area, Uppal,
Hyderabad, Telangana 500039
DataM Intelligence 4Market Research is a market intelligence platform that gives access to
syndicated, customized reports and consulting to its clients in one place. As a firm with rich
experience in research and consulting across multiple domains, we are a one-stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed, and food & beverages, among others. Our platform has Insights on markets that uncover the latest market research data that are distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our strategy-centric framework and value-added services will let individuals and corporates ease access and custom personalization to research and markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Remote Patient Monitoring Market Forecast & Future Industry Trends 2029 here
News-ID: 2834510 • Views: …
More Releases from DataM Intelligence 4Market Research
United States Skin Cancer Drugs Market Set to Surge: Innovative Therapies and Ri …
Market Overview:
The Skin Cancer Drugs Market is estimated to reach at a CAGR of 10.2% during the forecast period (2024-2031).
The Skin Cancer Drugs Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research…
United States Aircraft Battery Charger Market is expected to reach US$ 1032.9 Mi …
Market Size and Forecast:
The Global Aircraft Battery Charger Market Size reached US$ 570.5 million in 2022 and is expected to reach US$ 1032.9 million by 2030, growing with a CAGR of 7.9% during the forecast period 2024-2031.
The Aircraft Battery Charger Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to…
United States Cloud-based Printing Market is expected to reach US$ 3.96 billion …
Market Size and Forecast:
The Cloud-based Printing Market Size reached US$1.52 billion in 2024 and is expected to reach US$3.96 billion by 2032, growing with a CAGR of 12.71% during the forecast period 2025-2032.
The Cloud-based Printing Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay…
United States Beauty Devices for At-Home Laser Treatments Market is expected to …
Market Size and Forecast:
The Global Beauty Devices for At-Home Laser Treatments Market Size reached US$537.1 million in 2024 and is expected to reach US$1,302.5 million by 2033, growing at a CAGR of 10.3% during the forecast period 2025-2033.
The Beauty Devices for At-Home Laser Treatments Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM…
More Releases for Patient
Patient Portal Market: Empowering Patient-Centric Healthcare
In recent years, the global Patient Portal Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Patient Portal Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Patient Portal Market: Empowering Patient-Centric Healthcare
In recent years, the global Patient Portal Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Patient Portal Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Future Growth: Patient Advocacy Solutions Market Sees Promising Growth in 2024 | …
The latest research study released by Worldwide Market Reports on "Patient Advocacy Solutions Market 2024" holds tons of experience in offering comprehensive and accurate analysis of global as well as regional markets. The analysts and researchers authoring the report have provided a deeper competitive analysis of the Patient Advocacy Solutions market along with exhaustive company profiling of leading market players. This research study of the Patient Advocacy Solutions Market involved…
Factors Influencing Global Digital Patient Empowerment Services Market through 2 …
The worldwide "Digital Patient Empowerment Services Market" 2023 Research Report presents a professional and complete analysis of the Global Digital Patient Empowerment Services Market in the current situation. This report includes development plans and policies along with Digital Patient Empowerment Services manufacturing processes and price structures. the reports 2023 research report offers an analytical view of the industry by studying different factors like Digital Patient Empowerment Services Market growth, consumption…
Growing Demand For Patient Handling Equipment & Patient Positioning Devices To A …
As per Fact.MR, a market research and competitive intelligence provider, the global patient lateral transfer devices market is anticipated to top US$ 500 Mn by 2031, progressing at a CAGR of 7% over the forecast period of 2021 to 2031.
Lateral transfer is a repositioning aid or equipment that reduces friction and makes it easier and safer to transfer patients laterally.
Patient lateral transfer devices are designed to stay with the…
Patient Perspectives - Patient Reported Outcomes Drive Drug Development, But Imp …
GBI Research, the leading business intelligence provider, has released its latest research, Patient Perspectives Patient Reported Outcomes Drive Drug Development, but Improving Patient Involvement Remains a Challenge. The report examines the role of patients in changing the research agenda and helping pharma companies to bring effective medicines that meet real unmet medical needs into the market place. It explores the use of patient reported outcomes in drug development, with a…
