Digital Patient Monitoring Devices Market Share, Size, Trends, Industry Analysis Report, By Type (Wireless Sensor Technology, mHealth, Telehealth, Wearable Devices, Remote Patient Monitoring); By Product (Diagnostic Monitoring, Therapeutic Monitoring Devi

The global digital patient monitoring devices market size was estimated at USD 62.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 23.5% from 2023 to 2032. The market is expanding due to reasons including rising chronic illness prevalence, such as diabetes, hypertension, cardiovascular diseases, and others, as well as rising need for continuous monitoring devices.

Growth Factors
The market for digital patient monitoring devices is a segment of the telehealth market that employs digital technology to gather patient medical and non-medical data outside of the healthcare system. Examples of information that can be transmitted to medical personnel or doctors via a telehealth computer system and software that can be installed on a smartphone, computer, or tablet include blood pressure, blood sugar, weight, and oxygen levels. Digital patient monitoring tools help healthcare professionals monitor the health of patients from across the globe and improve the level of care given to each and every patient.

Type Insights
The digital patient monitoring devices market will generate a revenue share of 30.5% in 2020, depending on the kind. The market for wearable devices is expanding as a result of widespread wearable device acceptance across a variety of application areas, consumer demand for linked devices, and an increase in the number of IoT and related devices.
The mHealth market is anticipated to expand quickly over the course of the forecast period. One of the main drivers driving segment expansion is the rising penetration of smartphones and internet access, as well as favourable government initiatives. The segment is expected to grow as a result of increased investment for mHealth entrepreneurs and growing demand for preventative healthcare.

Market Analysis
digital patient monitoring devices technology is becoming more popular because to companies like Apple, Fitbit, and Xiaomi. This is increasing the demand for electronic health monitoring. Startup wearables businesses focus on mHealth segments like personal safety, women's health, and hydration monitoring since they present promising opportunities for the remote patient monitoring market to expand. A comprehensive platform for different types of care settings is offered by digital patient management, coupled with special features that promote a smooth workflow, medical dependability, and enhanced patient care.
The consistency of systems for disease management and diagnosis is ensured through remote patient monitoring. The segment is anticipated to rise as a result of increased marketing and use of the web platform to produce favourable health outcomes, as well as a high preference for portable devices.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Digital Patient Monitoring Devices manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Digital Patient Monitoring Devices market covering all its essential aspects.

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Global Digital Patient Monitoring Devices Market: Segmentations

Global Digital Patient Monitoring Devices Market: By Key Players
Omron Corporation
AT&T
Philips Healthcare
Airstrip Technologies
Athenahealth
Abbott
Hill-Rom
Medtronic Plc
GE Healthcare
Fitbit
Garmin
Jawbone
Vital Connect
ResMed
Zephyr Technology Corporation

Global Digital Patient Monitoring Devices Market: By Types
Wireless Sensor Technology
Move Health
Telehealth
Wearable Devices
Remote Patient Monitoring

Global Digital Patient Monitoring Devices Market: By Applications
Hospital Inpatient Monitoring
Ambulatory Patient Monitoring
Smart Home Healthcare

Global Digital Patient Monitoring Devices Market: Regional Analysis
The countries covered in the regional analysis of the Global Digital Patient Monitoring Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Table Of Contents:
1 Report Overview

 1.1 Study Scope
 1.2 Key Market Segments
 1.3 Players Covered: Ranking by Digital Patient Monitoring Devices Revenue
 1.4 Market Analysis by Type
 1.4.1 Global Digital Patient Monitoring Devices Market Size Growth Rate by Type: 2023 VS 2032
 1.4.2 Wireless Sensor Technology
 1.4.3 Move Health
 1.4.4 Telehealth
 1.4.5 Wearable Devices
 1.4.6 Remote Patient Monitoring
 1.5 Market by Application
 1.5.1 Global Digital Patient Monitoring Devices Market Share by Application: 2023-2032
 1.5.2 Hospital Inpatient Monitoring
 1.5.3 Ambulatory Patient Monitoring
 1.5.4 Smart Home Healthcare
 1.6 Study Objectives
 1.7 Years Considered
 1.8 Overview of Global Digital Patient Monitoring Devices Market
 1.8.1 Global Digital Patient Monitoring Devices Market Status and Outlook (2017-2032)
 1.8.2 North America
 1.8.3 East Asia
 1.8.4 Europe
 1.8.5 South Asia
 1.8.6 Southeast Asia
 1.8.7 Middle East
 1.8.8 Africa
 1.8.9 Oceania
 1.8.10 South America
 1.8.11 Rest of the World
2 Market Competition by Manufacturers
 2.1 Global Digital Patient Monitoring Devices Production Capacity Market Share by Manufacturers (2017-2022)
 2.2 Global Digital Patient Monitoring Devices Revenue Market Share by Manufacturers (2017-2022)
 2.3 Global Digital Patient Monitoring Devices Average Price by Manufacturers (2017-2022)
 2.4 Manufacturers Digital Patient Monitoring Devices Production Sites, Area Served, Product Type

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COVID-19 Impact Analysis:
• The impact of the COVID-19 pandemic on the growth of the global digital patient monitoring devices market was positive.
• The adoption of medical devices and wearable devices has also resulted in the rapid growth of the worldwide digital patient monitoring devices market.
• The coronavirus outbreak created importance of regular checkups due to fear of virus transmission.
• This resulted in high demand for digital patient monitoring devices in the market.

Frequently Asked Questions About This Report
1. How big is the digital patient monitoring devices market?
2. What is the digital patient monitoring devices market growth?
3. Which region accounted for the largest digital patient monitoring devices market share?
4. Who are the key players in the digital patient monitoring devices market?
5. What are the factors driving the digital patient monitoring devices market?
6. Which type of digital patient monitoring devices led the global market?
7. Which product segment dominated the digital patient monitoring devices market?

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