Press release
Remote Patient Monitoring Devices And Equipment Global Market Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast To 2033
Remote Patient Monitoring Devices And Equipment Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=2517&type=smp
According to The Business Research Company's, 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%. The growth in the forecast period can be attributed to increased healthcare digitization, regulatory support, personalized medicine, value-based healthcare. Major trends in the forecast period include remote monitoring integration, artificial intelligence (ai) and machine learning, telemonitoring expansion, wearable technology.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/remote-patient-monitoring-devices-and-equipment-global-market-report
Market Drivers and Trends:
The upcoming shortage of skilled healthcare professionals (doctors and nurses), drives the remote patient monitoring (RPM) devices and equipment market. As the number of patients with chronic diseases is increasing, it is getting difficult to monitor the patients due to operational time and cost-related issues. The rising number of patients with chronic diseases, increasing the need for monitoring, and projected shortfall in the number of nurses shortly increase the growth of remote patient monitoring devices and equipment. According to a report by Mercer, the US requires 2.3 million new health care workers by 2025; this includes nurses, physicians, lab technicians, and various other healthcare personnel. According to the Bureau of Labor Statistics, there is an additional need for 203,700 new registered nurses every year by 2026. However, only 438,100 nurses are expected to be added to 2026, which is way less than the demand. World Health Organization (WHO) projected that by 2030, low- and middle-income countries will have a deficit of 14.5 million healthcare professionals.
Remote patient monitoring device manufacturers are increasingly integrating IoT and wireless technology with remote patient monitoring devices to efficiently diagnose and treat medical conditions. Wireless sensor technology such as biosensor monitoring devices is multi-sensor systems implanted or embedded into the skin, consisting of a sensor that transmits data for real-time monitoring of a patient's medical condition. IoT technology enables healthcare service providers to remotely monitor patients' health parameters. These devices are miniaturized multi-sensing devices, aiding healthcare professionals to monitor blood pressure, blood glucose levels, and physiological parameters, and recommend the appropriate treatment. Major companies offering IoT and wireless sensor technology integrated patient monitoring devices include Xsensio, InSilixa, 1Drop Diagnostics, Kenzen.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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
Remote Patient Monitoring Devices And Equipment Market 2024 Key Insights:
• 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%.
• Rising Demand For Remote Patient Monitoring (RPM) Driven By Healthcare Workforce Shortage
• Integration Of IOT And Wireless Technology Revolutionizes Remote Patient Monitoring Devices
• Asia-Pacific was the largest region in the global remote patient monitoring devices and equipment market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=2517&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Devices And Equipment Global Market Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast To 2033 here
News-ID: 3727176 • Views: …
More Releases from The Business research company
Emerging Sub-Segments Transforming the More Electric Aircraft Market Landscape
The aviation industry is rapidly evolving with a strong focus on electric propulsion technologies, promising to transform how aircraft operate in the near future. The shift toward more electric aircraft is driven by innovations that enhance efficiency, reduce emissions, and meet growing sustainability demands. Let's explore the current market valuation, key players, prevailing trends, and major segments shaping this emerging sector.
Anticipated Valuation and Growth Trajectory of the More Electric Aircraft…
Emerging Growth Patterns Driving Expansion in the Missile Defense System Market
The missile defense system market is set to undergo significant expansion over the coming years due to evolving global security needs and technological advancements. As countries prioritize national defense, developments in missile interception and detection are becoming crucial. Let's explore how this market is expected to grow, the main players involved, and the key trends shaping its future.
Expected Growth Trajectory of the Missile Defense System Market
The missile defense system…
In-depth Examination of Segments, Industry Developments, and Key Players in the …
The military vehicle simulations market is poised for significant expansion in the coming years, driven by rapid technological advancements and evolving defense training needs. As militaries worldwide emphasize enhanced preparedness and cost-effective training solutions, simulation technologies are becoming indispensable. Let's explore the current market size, key drivers, top players, emerging trends, and the main segments shaping this sector.
Military Vehicle Simulations Market Size and Growth Outlook
The military vehicle simulations market…
Detailed Analysis of Key Market Segments Influencing the Space Propulsion System …
The space propulsion systems market is on the verge of significant expansion, driven by technological advancements and increasing activity in space exploration. As private companies and government agencies push the boundaries of space travel, propulsion technologies are evolving rapidly to meet these new demands. Let's explore the current market value projections, key players, emerging trends, and the main segments shaping this dynamic industry.
Projected Market Value and Growth of Space Propulsion…
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…
