Digital Patient Monitoring Devices Market Size Estimation, Key Trends, Drivers, and Challenges, Recent Developments And Forecast 2029

The Digital Patient Monitoring Devices Share report delivers an overview of the market's value structure, cost determinants, and key driving factors. It delves deeply into the global market scenario, providing valuable insights into current trends and drivers influencing the Digital Patient Monitoring Devices Market on a global scale. Moreover, Digital Patient Monitoring Devices Market report presents the competitive scenario in the market among distributors and manufacturers, encompassing market value assessment and a breakdown of the cost chain structure. The study offers a comprehensive analysis of diverse factors that contribute to the industry's growth.

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Competitive Insights:

Analysts have analyzed various companies to understand the products and/services relevant to the market. The report comprises information such as gross revenue, production and consumption, average product price, and market shares of key players. The report also classifies several contributions to the global Digital Patient Monitoring Devices market that helps in the growth of the market. The competitive market scenario will help the industry candidates in planning their strategies. Production is separated by regions, technology, and applications.

Major Market Players Profiled in the Report include:

Omron Corporation, AT&T, Philips Healthcare, Medtronic , Airstrip Technologies, Athenahealth, Abbott, Hill-Rom, Medtronic Plc, GE Healthcare, Fitbit, Garmin, Jawbone, Vital Connect, ResMed, Zephyr Technology Corporation

Recent Development:

In 2020, Medtronic received US FDA approval for its LINQ II Insertable Cardiac Monitor (ICM). It is an implantable device for determining the irregular heart rythm.

In 2020, Medtronic and Tandem Diabetes Care, Inc underwent a patent cross-license agreement, in which both companies can cross-license each other's patent portfolio for five years and jointly focus on innovating new products and services for diabetes management.

In 2020, Masimo Corporation acquired the connected care business from NantHealth, which helped strengthen its position in the connected care market.

Digital Patient Monitoring Devices Market by Type:

Wireless Sensor Technology

Move Health

Telehealth

Wearable Devices

Remote Patient Monitoring

Others

Digital Patient Monitoring Devices Market by Application:

Hospital Inpatient Monitoring

Ambulatory Patient Monitoring

Smart Home Healthcare

Regional Analysis:

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In 2022, North America dominated the digital patient monitoring devices market with a revenue share of 41.04%. The growth is driven by the increasing prevalence of chronic diseases, quick acceptance of technical improvements in devices, and the rising elderly population. For instance, the CDC reports that each year in the U.S., over 795,000 people experience a stroke, with ischemic stroke accounting for 87% of cases. In May 2022, Abbott received U.S. FDA clearance for FreeStyle Libre 3 system, which is the smallest and thinnest  that can be used by any individual diagnosed with diabetes.

The report compiles in-depth analysis on critical subjects of the global Digital Patient Monitoring Devices industry such as consumption, revenue, sales, production, trends, opportunities, geographic expansion, competition, segmentation, growth drivers, and challenges. This report has demonstrated all the vital market growth factors and mentioned economic fluctuations owing to the immense attention gained in recent years. This will help readers to reach quicker decisions with data and insights at hand. It further investigates market consumption in terms of value & volume, application, types, historical statistics from 2017-2023, and market forecast to 2029.

Report Methodology:

The information enclosed in this report is based upon both primary and secondary research methodologies. Primary research methodology includes the interaction with service providers, suppliers, and industry professionals. Secondary research methodology includes a meticulous search of pertinent publications like company annual reports, financial reports, and exclusive databases.

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The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Digital Patient Monitoring Devices market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Digital Patient Monitoring Devices market.

Table of Contents

Global Digital Patient Monitoring Devices Market Research Report 2023-2029

Chapter 1 Digital Patient Monitoring Devices Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply(Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Digital Patient Monitoring Devices Market Forecast

Key questions answered in this report:

What will the market size be in 2029 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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