Press release
Remote Patient Monitoring Device Market Is Projected To Surpass US$ 2,870.4 Million by 2034
Remote Patient Monitoring Device Market
Get Free Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9621
Key Drivers of Remote Patient Monitoring Device Market Growth
The surge in chronic diseases, including diabetes, cardiovascular ailments, and respiratory disorders, is fostering a robust demand for remote patient monitoring devices, reflecting a pressing need for effective healthcare solutions.
A noticeable shift towards preventive healthcare is evident, with remote patient monitoring devices playing a pivotal role in supporting this emerging trend. These devices empower individuals to actively manage their health and well-being.
The aging demographic is a significant catalyst for market expansion, given the continuous health monitoring requirements of elderly individuals. This demographic's preference for remote patient monitoring devices contributes significantly to the market's upward trajectory.
The preference for home-based care is on the rise among patients, and remote monitoring devices emerge as a convenient and effective solution to meet this demand. The flexibility and comfort provided by these devices align with the growing inclination towards patient-centric healthcare.
The pervasive adoption of telehealth services is acting as a powerful driver, amplifying the demand for remote patient monitoring devices. These devices seamlessly integrate into telehealth platforms, enhancing the overall efficacy of remote healthcare services.
Continuous advancements in healthcare technology are pivotal in propelling the growth of the remote patient monitoring device market. The integration of cutting-edge technologies ensures that these devices are at the forefront of delivering accurate and real-time health data.
Governments worldwide are actively advocating for the widespread adoption of remote patient monitoring to improve healthcare accessibility and efficiency. This endorsement underscores the strategic importance of these devices in shaping the future of healthcare delivery.
Key Companies Profiled in This Report
• Koninklijke Philips N.V.
• GE Healthcare
• Boston Scientific Corporation
• Omron Healthcare
• Medtronic Plc.
• Welch Allyn
• Abbott Laboratories
• Masimo Corporation
• Hoffmann-La Roche Ltd.
• Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
Key benefits of the Report
• Detailed overview of the market
• Key developments and product launches by the top players and brands
• Key parameters which are driving the market
• What are the challenges being faced by the new entrants
• Market volume
• CAGR value for the forecast period 2024-2034
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9621
Recent Developments:
In October 2023, Ricoh USA, Inc. unveiled a pioneering solution for healthcare organizations known as RICOH Remote Patient Monitoring (RPM) Enablement. This innovative end-to-end managed services offering is designed to seamlessly integrate with existing virtual care programs. The primary objective of this solution is to facilitate the widespread adoption of remote digital patient monitoring devices, thereby aiding health systems in bridging the gap in patient care.
RICOH RPM Enablement stands out as a comprehensive solution that addresses the evolving needs of healthcare organizations. By integrating with current virtual care initiatives, it serves as a catalyst in embracing remote patient monitoring devices. This strategic move by Ricoh USA, Inc. underscores the company's commitment to advancing healthcare technologies and supporting health systems in delivering effective patient care beyond traditional settings.
In a parallel development in September 2022, CareCloud, Inc. introduced its cutting-edge Remote Patient Monitoring (RPM) system. This latest addition to the CareCloud Wellness lineup represents a significant leap forward in patient care technology. The RPM system relies on electronic equipment connected via cellular technology to monitor and record patient health data in real-time. Key metrics such as blood pressure and pulse rate are tracked, providing healthcare professionals with crucial insights into their patients' well-being.
CareCloud's RPM system addresses the growing demand for remote patient monitoring solutions, offering a user-friendly and technologically advanced platform. By leveraging cellular connectivity, it ensures seamless data transmission, enabling healthcare providers to monitor and respond to patients' health status promptly. This development aligns with the broader industry trend towards enhancing patient care through innovative and interconnected technologies.
These two recent advancements from Ricoh USA, Inc. and CareCloud, Inc. underscore the increasing importance of remote patient monitoring in the healthcare landscape. As technology continues to play a pivotal role in shaping the future of patient care, these solutions contribute to closing the gap in healthcare delivery, ensuring that patients receive timely and personalized attention, even from the comfort of their homes.
Read More: https://www.factmr.com/report/remote-patient-monitoring-device-market
Contact:
US Sales Office
11140 Rockville Pike
Suite 400 Rockville, MD 20852
United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team : sales@factmr.com
About Fact.MR:
FACT.MR stands out as a premier market research company, acclaimed for its comprehensive market reports and invaluable business insights. With a prominent role in the business intelligence sector, we conducts meticulous analyses, uncovering market trends, growth trajectories, and competitive landscapes across diverse industry sectors. Renowned for its unwavering commitment to accuracy and reliability, FACT.MR empowers businesses with vital data and strategic recommendations, facilitating informed decision-making to improve market positioning. The company's dedication to delivering dependable market intelligence consistently aids enterprises in confidently navigating dynamic market challenges and achieving enduring success.
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 Device Market Is Projected To Surpass US$ 2,870.4 Million by 2034 here
News-ID: 3369523 • Views: …
More Releases from Fact.MR
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding…
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners…
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering…
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance…
More Releases for Remote
Global Remote Control Software Market Size, Share and Forecast By Key Players-Ae …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the Market Research Intellect, the global Remote Control Software market is projected to grow at a robust compound annual growth rate (CAGR) of 12.2% from 2024 to 2031. Starting with a valuation of 10.41 Billion in 2024, the market is expected to reach approximately 20.77 Billion by 2031, driven by factors such as Remote Control Software and Remote Control Software. This significant growth underscores the…
Differences Between Smart TV Remote Controls and Traditional TV Remote Controls
As technology continues to advance, home entertainment devices are also constantly being updated and replaced. Smart TVs, as a common device in modern homes, have remote controls that are significantly different from those of traditional TVs. This article will explore the main differences between the two and analyze how these differences affect the user's viewing experience.
Functional Differences
Smart TV Remote Controls [https://www.stbremote.com/tv-remote-control/]
Smart TV remote controls typically integrate a variety of advanced…
Remote Jobs Review: Are Remote Jobs Really Good?
Remote work days are here as the concept applied by a traditional 9-to-5 office is fading from companies across all industries. It is no longer just a bonus these days; it has become a critical aspect of business for now and in the future. Remote work is the new future of work, from Silicon Valley startups to global corporations. What's driving this shift? Let's dive in.
The Tech Boom Fuels the…
Splendid Growth of Online Remote Proctoring (Remote Invigilation) Market 2023 to …
Online Remote Proctoring (Remote Invigilation) Market Analysis Overview 2023:
Online Remote Proctoring (Remote Invigilation) market exhibits comprehensive information that is a valuable source of insightful data for business strategists during the decade 2019-2029. On the basis of historical data, Online Remote Proctoring (Remote Invigilation) market report provides key segments and their sub-segments, revenue and demand & supply data. Considering technological breakthroughs of the market Online Remote Proctoring (Remote Invigilation) industry is…
AR Remote Collaboration Software AR Remote Collaboration Software
Global AR Remote Collaboration Software Market Report provides Market Size, Trends, forecast period with analysis of the market's historic and forecast growth, drivers and restraints affecting the market, and highlights of the opportunities that companies in the industry can take on. The AR Remote Collaboration Software research report examines the approach line of business. Also, the research survey studies market activities like drivers, new possibilities, insight, obstacles.
Download FREE Sample Report…
Remote Staff CEO Joins DTI-Hosted Webinar About Remote Work
On September 23, Remote Staff CEO Chris Jankulovski talked about the future of work during a webinar hosted by the Department of Trade and Industry (DTI). The webinar is part of an ongoing campaign to commemorate 75 years of diplomatic relations between the Philippines and Australia.
In the webinar, Chris discussed making remote work a permanent part of any business, diving deep into the reasons for going permanently remote, factors business…
