The Remote Patient Monitoring Systems Market was valued at USD 1,031.67 million in 2020, and it is expected to reach USD 1,679.95 million by 2027, registering a CAGR of 8% during the forecast period, 2021-2027.
Global remote patient monitoring (RPM) is a subset of telemedicine that utilizes digital technologies to collect medical and other forms of data about patients outside of the healthcare environment. This data typically consists of body weight, blood pressure, blood sugar, blood oxygen levels, heart rate and electrocardiogram, and is transmitted to health care providers using telemedicine computer systems and software that can be installed on computers, smartphones and tablets. RPM helps health professionals monitor their condition and improve the quality of care provided to patients anywhere in the world.
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Market Segments
By Device Type:
- Blood Pressure Monitor
- Glucose Monitor
- Heart Rate Monitor
- Pulse Oximeters
- Respiratory Monitor
- Others
By Application:
- Cancer Treatment
- Cardiovascular Diseases Treatment and Monitoring
- Diabetes Treatment
- Sleep Disorder Treatment
- Weight Management and Fitness Monitoring
- Others
Key Players
Prominent/major key market players in the Remote Patient Monitoring Market include Philips Healthcare, Abbott Laboratories, GE Healthcare, Boston Scientific Corporation, Biotronik SE, Honeywell International, Inc., Nihon Kohden Corporation, OSI Systems, Inc, AMC, Inc., and Qualcomm Life, Inc.
Scope of the Report
The research study analyzes the global Remote Patient Monitoring Systems industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Remote Patient Monitoring Systems Market Report
1. What was the Remote Patient Monitoring Systems Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Remote Patient Monitoring Systems Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Remote Patient Monitoring Systems Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Remote Patient Monitoring Systems market.
- The market share of the global Remote Patient Monitoring Systems market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Remote Patient Monitoring Systems market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Remote Patient Monitoring Systems market.
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