Press release
Remote Patient Monitoring Industry is Expected to Reach USD 338.9 Billion by 2031 - Medtronic Plc, Koninklijke Philips N.V, GE Healthcare, Abbott Laboratories.
Will the Remote Patient Monitoring market emerge as the sector's next great thing? To discover the answer, look at the Remote Patient Monitoring market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the Machinery landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Remote Patient Monitoring market! (2031)
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Key Growth Drivers in Remote Patient Monitoring Market:
The increasing prevalence of chronic diseases is a major driver of market growth for remote patient monitoring (RPM) systems. According to the World Health Organization (WHO), non-communicable diseases (NCDs) cause approximately 41 million deaths annually, accounting for around 74% of global deaths. Notably, around 17 million people die from NCDs before the age of 70, with 86% of these premature deaths occurring in middle-income countries. The leading causes of NCD-related deaths include cardiovascular diseases (17.9 million annually), cancers (9.3 million), chronic respiratory diseases (4.1 million), and diabetes (2.0 million).
The growing incidence of chronic conditions such as diabetes, hypertension, and heart diseases significantly boosts the demand for RPM systems. These systems are effective in managing chronic diseases by reducing the need for frequent hospital visits and enabling better patient management. Additionally, RPM supports post-discharge recovery by allowing clinicians to monitor patients at home, which helps reduce readmission rates and associated costs. This shift towards home-based monitoring and care is a key factor driving the RPM market's growth.
DataM Intelligence profiles some of the most reputed organizations present in the Remote Patient Monitoring market. They are as follows:
Medtronic Plc, Koninklijke Philips N.V, GE Healthcare, Abbott Laboratories, BioTelemetry Inc., Siemens Healthineers AG Boston Scientific Corporation, Welch Allyn, OMRON Healthcare Co., Ltd., Transtek among others.
Segment Covered in the Remote Patient Monitoring Market:
By Product Type: Services & Software, Devices.
By Application: Cardiovascular Diseases.
By End User: Payers, Providers, Patients.
Regional Analysis:
The global Remote Patient Monitoring Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Remote Patient Monitoring Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Remote Patient Monitoring Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Remote Patient Monitoring manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Remote Patient Monitoring in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQ's
Q.1. What are the primary drivers of the Remote Patient Monitoring Industry?
Q.2. What are the main factors propelling and impeding the growth of the Remote Patient Monitoring market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Remote Patient Monitoring market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Remote Patient Monitoring market now and in the future?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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