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Remote Patient Monitoring Devices And Equipment Global Market Worth $2.6 Billion at a CAGR of 13.4% By 2028 | Key Players: Philips Healthcare, GE Healthcare, Medtronic PLC, Intel Corporation, Welch Allyn Inc.
Remote Patient Monitoring Devices And Equipment Market
The Business Research Company's Remote Patient Monitoring Devices And Equipment Global Market Report 2023 identifies the increasing demand for telehealth is expected to propel the growth of the remote patient monitoring devices and equipment market going forward. Telehealth refers to the use of telecommunications technology, such as videoconferencing, phone calls, and secure messaging, to provide healthcare services remotely.
The remote patient monitoring devices and equipment market size has grown rapidly in recent years. It will grow from $1.38 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 14.3%. The growth in the historic period can be attributed to aging population, chronic disease management, telehealth adoption, healthcare cost reduction. The remote patient monitoring devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $2.6 billion in 2028 at a compound annual growth rate (CAGR) of 13.4%.
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Major companies operating in the remote patient monitoring devices and equipment market include Philips Healthcare, Honeywell International Inc., GE Healthcare, Medtronic PLC, Boston Scientific Corporation, Johnson & Johnson, Biotronik, Robert Bosch GmbH, COVIDien Plc., American Telecare Inc., Intel Corporation, Welch Allyn Inc., Health Anywhere Inc., Global Media Group LLC, AMD Global Telemedicine Inc., Bayer Healthcare AG, IBM Watson, Telesofia Medical Ltd., Boehringer Ingelheim GmbH, Eliza Corporation, Natus Medical Inc., Nihon Kohden Corporation, Compumedics, DexCom Inc., Abbott Laboratories, Aerotel Medical Systems Ltd., GYANT Health, Vitls Inc., Medopad, Polso
The remote patient monitoring devices market is limited, as healthcare professionals are averse to adopting new technologies. Technologically advanced remote patient monitoring devices and equipment are adopted to reduce patients' expenditure on hospitalization in terms of follow-up care.
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The Remote Patient Monitoring Devices And Equipment market is segmented -
1) By Type Of Device: Heart Monitors, Breath Monitors, Haematology Monitors, Multi - Parameter Monitors
2) By Application: Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder, Weight Monitoring And Fitness Monitoring, Other Applications
3) By End User: Home Care Settings, Clinics, Hospitals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Remote Patient Monitoring Devices And Equipment market.
The Business Research Company's "Global Remote Patient Monitoring Devices And Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Remote Patient Monitoring Devices And Equipment Market Include:
1. Executive Summary
2. Remote Patient Monitoring Devices And Equipment Market Characteristics
3. Remote Patient Monitoring Devices And Equipment Market Trends And Strategies
4. Remote Patient Monitoring Devices And Equipment Market - Macro Economic Scenario
5. Global Remote Patient Monitoring Devices And Equipment Market Size and Growth
……
31. Global Remote Patient Monitoring Devices And Equipment Market Competitive Benchmarking
32. Global Remote Patient Monitoring Devices And Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Remote Patient Monitoring Devices And Equipment Market
34. Remote Patient Monitoring Devices And Equipment Market Future Outlook and Potential Analysis
35. Appendix
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